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- 7D8.8%
- 3M-0.7%
- 1Y-2.7%
- YTD16.4%
The Software industry is up 8.8% in the last week, with Netcad Yazilim Anonim Sirketi up 38%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 9.3% annually.
Industry Valuation and Performance
Has the Turkish Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 14 Mar 2026 | ₺92.0b | ₺21.9b | ₺6.9b | 11.9x | 13.4x | 4.2x |
| Mon, 09 Feb 2026 | ₺80.6b | ₺16.7b | ₺6.5b | 12.9x | 12.5x | 4.8x |
| Wed, 07 Jan 2026 | ₺71.3b | ₺16.7b | ₺6.5b | 11.9x | 11x | 4.3x |
| Fri, 05 Dec 2025 | ₺73.0b | ₺16.7b | ₺6.5b | 12.9x | 11.3x | 4.4x |
| Sun, 02 Nov 2025 | ₺76.2b | ₺14.4b | ₺4.9b | 15.4x | 15.5x | 5.3x |
| Tue, 30 Sep 2025 | ₺83.7b | ₺14.4b | ₺4.9b | 17x | 17x | 5.8x |
| Thu, 28 Aug 2025 | ₺87.4b | ₺14.6b | ₺4.5b | 35x | 19.5x | 6x |
| Sat, 26 Jul 2025 | ₺73.9b | ₺12.3b | ₺3.4b | 44.1x | 21.9x | 6x |
| Mon, 23 Jun 2025 | ₺63.4b | ₺12.3b | ₺3.4b | 37.3x | 18.8x | 5.2x |
| Wed, 21 May 2025 | ₺69.8b | ₺12.8b | ₺4.2b | 32.1x | 16.7x | 5.5x |
| Fri, 18 Apr 2025 | ₺71.2b | ₺12.6b | ₺3.4b | 41.9x | 20.8x | 5.6x |
| Sun, 16 Mar 2025 | ₺68.5b | ₺12.6b | ₺3.4b | 31.5x | 20x | 5.4x |
| Tue, 11 Feb 2025 | ₺62.9b | ₺9.3b | ₺1.8b | 49.8x | 35.7x | 6.8x |
| Thu, 09 Jan 2025 | ₺66.3b | ₺9.3b | ₺1.8b | 42.2x | 37.6x | 7.2x |
| Sat, 07 Dec 2024 | ₺68.3b | ₺9.3b | ₺1.8b | 43.9x | 38.7x | 7.4x |
| Mon, 04 Nov 2024 | ₺67.3b | ₺9.7b | ₺1.4b | 64.1x | 48x | 6.9x |
| Wed, 02 Oct 2024 | ₺59.2b | ₺9.0b | ₺1.3b | 56.6x | 44.1x | 6.6x |
| Fri, 30 Aug 2024 | ₺67.6b | ₺8.7b | ₺1.5b | 46.3x | 44x | 7.8x |
| Sun, 28 Jul 2024 | ₺76.5b | ₺8.4b | ₺1.7b | 56.4x | 44.6x | 9.1x |
| Tue, 25 Jun 2024 | ₺76.8b | ₺8.4b | ₺1.7b | 49x | 44.8x | 9.1x |
| Thu, 23 May 2024 | ₺72.8b | ₺7.4b | ₺1.0b | 65.9x | 72.6x | 9.8x |
| Sat, 20 Apr 2024 | ₺74.2b | ₺6.7b | ₺1.3b | 60.5x | 58.5x | 11x |
| Mon, 18 Mar 2024 | ₺75.5b | ₺6.0b | ₺1.6b | 46.4x | 45.8x | 12.7x |
| Wed, 14 Feb 2024 | ₺71.5b | ₺5.5b | ₺1.7b | 47.2x | 42.9x | 13x |
| Fri, 12 Jan 2024 | ₺55.3b | ₺5.5b | ₺1.7b | 35.4x | 33.2x | 10.1x |
| Sun, 10 Dec 2023 | ₺54.6b | ₺5.5b | ₺1.7b | 36.5x | 32.8x | 9.9x |
| Tue, 07 Nov 2023 | ₺54.3b | ₺5.2b | ₺1.5b | 28.8x | 36.3x | 10.4x |
| Thu, 05 Oct 2023 | ₺52.5b | ₺4.8b | ₺1.4b | 36.6x | 36.3x | 11x |
| Sat, 02 Sep 2023 | ₺39.9b | ₺4.7b | ₺1.5b | 21.6x | 27.5x | 8.4x |
| Mon, 31 Jul 2023 | ₺35.6b | ₺4.1b | ₺1.2b | 23.1x | 30.7x | 8.8x |
| Wed, 28 Jun 2023 | ₺21.9b | ₺3.7b | ₺1.1b | 17.1x | 20.1x | 5.9x |
| Fri, 26 May 2023 | ₺12.6b | ₺3.7b | ₺1.1b | 12.9x | 11.6x | 3.4x |
| Sun, 23 Apr 2023 | ₺17.4b | ₺3.2b | ₺1.0b | 15.6x | 17.1x | 5.4x |
| Tue, 21 Mar 2023 | ₺17.5b | ₺3.2b | ₺1.0b | 16x | 17.2x | 5.5x |
Price to Earnings Ratio
17.2x
Current Industry PE
- Investors are pessimistic on the Turkish Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 13.4x which is lower than its 3-year average PE of 30.4x.
- The 3-year average PS ratio of 7.4x is higher than the industry's current PS ratio of 4.2x.
Past Earnings Growth
- The earnings for companies in the Software industry have grown 89% per year over the last three years.
- Revenues for these companies have grown 90% 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 Market | 1.76% | |
| Tech | 4.46% | |
| Software | 8.85% | |
| Application Software | 8.85% | |
| Systems Software | 0% | 0 |
Industry PE
- Investors are most optimistic about the Application Software industry even though it's trading below its 3-year average PE ratio of 30.4x.
- Analysts are expecting annual earnings growth of 9.3%, which is lower than the prior year's growth of 49.1% per year.
- Investors are most pessimistic about the Application Software industry, which is trading below its 3-year average of 30.4x.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 9.3% over the next 5 years.
- However this is lower than its past earnings growth rate of 49% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 9.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NETCD Netcad Yazilim Anonim Sirketi | ₺148.70 | 37.8% +₺5.6b | n/a | PE23.5x | |
| MIATK MIA Teknoloji Anonim Sirketi | ₺38.66 | 7.6% +₺1.3b | -11.7% | PS6.9x | |
| KRONT Kron Teknoloji | ₺20.48 | 27.2% +₺375.0m | 11.1% | PE11.9x | |
| HTTBT Hitit Bilgisayar Hizmetleri | ₺38.58 | 3.3% +₺372.0m | -9.9% | PE29.8x | |
| LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret | ₺234.70 | 6.5% +₺313.2m | -50.8% | PE15.9x |