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Turkish (BIST) IT Industry Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies6
  • 7D15.8%
  • 3M2.1%
  • 1Y15.7%
  • YTD-10.4%

In the last week, the IT industry is up 17%, with all of the companies up. This means that the industry has gained 12% over the past year.

Industry Valuation and Performance

Has the Turkish IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 03 Jul 2025₺34.9b₺9.9b₺1.1b17.5x31.4x3.5x
Sat, 31 May 2025₺27.3b₺10.1b₺1.1b13.9x25.7x2.7x
Mon, 28 Apr 2025₺27.8b₺9.3b₺853.6m16x32.6x3x
Wed, 26 Mar 2025₺34.8b₺9.3b₺853.6m22.8x40.7x3.7x
Fri, 21 Feb 2025₺39.4b₺6.8b₺491.5m48.9x80.1x5.8x
Sun, 19 Jan 2025₺40.1b₺6.4b₺581.3m49.8x69x6.2x
Tue, 17 Dec 2024₺37.5b₺6.4b₺581.3m49x64.6x5.8x
Thu, 14 Nov 2024₺34.5b₺6.7b₺585.9m43.2x58.9x5.1x
Sat, 12 Oct 2024₺27.8b₺6.3b₺1.0b22.2x27.8x4.4x
Mon, 09 Sep 2024₺31.7b₺6.1b₺1.1b26.1x28.9x5.2x
Wed, 07 Aug 2024₺37.7b₺5.8b₺1.1b27.9x35.3x6.5x
Fri, 05 Jul 2024₺30.3b₺5.8b₺1.1b26.1x28.3x5.3x
Sun, 02 Jun 2024₺30.6b₺6.3b₺870.3m28.7x35.2x4.8x
Tue, 30 Apr 2024₺40.6b₺2.6b₺960.9m30.9x42.3x15.8x
Thu, 28 Mar 2024₺33.5b₺1.8b₺710.6m22.7x47.1x18.6x
Sat, 24 Feb 2024₺33.0b₺1.8b₺710.6m31.6x46.5x18.3x
Mon, 22 Jan 2024₺12.4b₺1.8b₺710.6m14.7x17.5x6.9x
Wed, 20 Dec 2023₺10.7b₺2.2b₺763.6m20.7x14x5x
Fri, 17 Nov 2023₺9.7b₺2.2b₺763.6m19.2x12.8x4.5x
Sun, 15 Oct 2023₺8.5b₺1.8b₺588.4m17.7x14.4x4.7x
Tue, 12 Sep 2023₺7.1b₺1.4b₺522.7m8.4x13.6x5x
Thu, 10 Aug 2023₺6.2b₺1.1b₺376.5m10x16.4x5.7x
Sat, 08 Jul 2023₺4.1b₺1.1b₺376.5m7.6x10.8x3.7x
Mon, 05 Jun 2023₺3.5b₺1.1b₺376.5m6.8x9.3x3.2x
Wed, 03 May 2023₺3.2b₺946.8m₺375.5m4.6x8.4x3.3x
Fri, 31 Mar 2023₺3.6b₺946.8m₺375.5m5.5x9.6x3.8x
Sun, 26 Feb 2023₺3.7b₺717.5m₺251.1m8.1x14.5x5.1x
Tue, 24 Jan 2023₺4.7b₺717.5m₺251.1m9.6x18.6x6.5x
Thu, 22 Dec 2022₺5.1b₺717.5m₺251.1m11.1x20.1x7x
Sat, 19 Nov 2022₺4.5b₺717.5m₺251.1m10x17.9x6.3x
Mon, 17 Oct 2022₺3.4b₺632.3m₺203.4m12.4x16.6x5.4x
Wed, 14 Sep 2022₺2.9b₺632.3m₺203.4m11.3x14.2x4.6x
Fri, 12 Aug 2022₺3.1b₺563.6m₺190.8m9.7x16.1x5.5x
Sun, 10 Jul 2022₺2.0b₺563.6m₺190.8m9.5x10.5x3.6x
Price to Earnings Ratio

10.5x


Total Market Cap: ₺2.0bTotal Earnings: ₺190.8mTotal Revenue: ₺563.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish IT Industry Price to Earnings3Y Average 28.3x202320242025
Current Industry PE
  • Investors are relatively neutral on the Turkish IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 28.3x.
  • The 3-year average PS ratio of 6.1x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 80% per year over the last three years.
  • Revenues for these companies have grown 160% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Turkish Tech industry?

TR Market6.74%
Tech5.52%
IT15.82%
IT Consulting15.82%
Industry PE
  • Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 28.3x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the IT Consulting industry, which is trading close to its 3-year average of 28.3x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ODINE Odine Solutions Teknoloji Ticaret ve Sanayi₺106.0027.0%
+₺2.5b
49.0%PE22.7x
PATEK Pasifik Teknoloji₺20.9414.9%
+₺1.6b
33.9%PS7.9x
ARDYZ Ard Grup Bilisim Teknolojileri Anonim Sirketi₺28.629.5%
+₺421.6m
-18.2%PE9.6x
VBTYZ VBT Yazilim Anonim Sirketi₺21.404.1%
+₺98.3m
-20.1%PE29.9x
OBASE Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret₺31.005.7%
+₺75.5m
-16.6%PS2.1x

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