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Turkish (BIST) Software Industry Analysis

UpdatedMay 20, 2026
DataAggregated Company Financials
Companies9
  • 7D3.6%
  • 3M21.0%
  • 1Y19.6%
  • YTD34.7%

ATP Yazilim ve Teknoloji Anonim Sirketi is up 11%, leading the way for the Software industry, which has gained 3.6%. This means that the industry has gained 20% over the past year. As for the next few years, earnings are expected to grow by 52% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026₺106.5b₺23.3b₺6.2b12.4x17.1x4.6x
Sat, 18 Apr 2026₺94.5b₺21.9b₺6.9b12.2x13.8x4.3x
Mon, 16 Mar 2026₺87.0b₺21.9b₺6.9b8.7x12.7x4x
Wed, 11 Feb 2026₺84.2b₺18.0b₺7.2b12.8x11.7x4.7x
Fri, 09 Jan 2026₺71.2b₺16.7b₺6.5b12x11x4.3x
Sun, 07 Dec 2025₺73.6b₺16.7b₺6.5b14.2x11.4x4.4x
Tue, 04 Nov 2025₺77.1b₺14.9b₺4.9b15.5x15.7x5.2x
Thu, 02 Oct 2025₺84.6b₺14.4b₺4.9b16.3x17.2x5.9x
Sat, 30 Aug 2025₺87.4b₺14.6b₺4.5b35.7x19.5x6x
Mon, 28 Jul 2025₺73.9b₺12.3b₺3.4b44.1x21.9x6x
Wed, 25 Jun 2025₺65.6b₺12.3b₺3.4b38.6x19.4x5.3x
Fri, 23 May 2025₺69.7b₺13.1b₺4.2b30.7x16.5x5.3x
Sun, 20 Apr 2025₺69.9b₺12.6b₺3.4b41.1x20.4x5.5x
Tue, 18 Mar 2025₺69.0b₺12.6b₺3.4b32.3x20.1x5.5x
Thu, 13 Feb 2025₺61.0b₺9.3b₺1.8b46.8x34.6x6.6x
Sat, 11 Jan 2025₺66.4b₺9.3b₺1.8b42.5x37.6x7.2x
Mon, 09 Dec 2024₺68.3b₺9.3b₺1.8b43.9x38.7x7.4x
Wed, 06 Nov 2024₺63.2b₺9.7b₺1.4b61.5x45.1x6.5x
Fri, 04 Oct 2024₺58.9b₺9.0b₺1.3b57.3x43.8x6.6x
Sun, 01 Sep 2024₺67.6b₺8.7b₺1.5b46.3x44x7.8x
Tue, 30 Jul 2024₺76.0b₺8.4b₺1.7b52.4x44.3x9x
Thu, 27 Jun 2024₺74.5b₺8.4b₺1.7b51.3x43.4x8.8x
Sat, 25 May 2024₺69.5b₺7.6b₺1.1b58.8x65.9x9.1x
Mon, 22 Apr 2024₺75.3b₺6.7b₺1.3b60.5x59.3x11.2x
Wed, 20 Mar 2024₺75.7b₺6.0b₺1.6b46.1x45.9x12.7x
Fri, 16 Feb 2024₺73.4b₺5.5b₺1.7b50.5x44x13.3x
Sun, 14 Jan 2024₺53.4b₺5.5b₺1.7b34x32x9.7x
Tue, 12 Dec 2023₺53.7b₺5.5b₺1.7b34.7x32.2x9.8x
Thu, 09 Nov 2023₺54.6b₺5.4b₺1.6b28.5x33.7x10.2x
Sat, 07 Oct 2023₺54.2b₺4.8b₺1.4b36.1x37.5x11.4x
Mon, 04 Sep 2023₺39.9b₺4.8b₺1.4b21.6x27.6x8.4x
Wed, 02 Aug 2023₺35.7b₺4.2b₺1.2b23.2x30.5x8.5x
Fri, 30 Jun 2023₺22.0b₺3.7b₺1.1b17.1x20.2x6x
Sun, 28 May 2023₺15.8b₺3.7b₺1.1b13.6x14.6x4.3x
Price to Earnings Ratio

14.6x


Total Market Cap: ₺15.8bTotal Earnings: ₺1.1bTotal Revenue: ₺3.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Software Industry Price to Earnings3Y Average 30.2x202420252026
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 17.1x which is lower than its 3-year average PE of 30.2x.
  • The 3-year average PS ratio of 7.3x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Software industry have grown 79% per year over the last three years.
  • Revenues for these companies have grown 85% 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-2.92%
Tech0.61%
Software3.64%
Application Software3.64%
Systems Software0%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 30.2x.
    • Analysts are expecting annual earnings growth of 51.8%, which is higher than its past year's earnings growth of 46.4% per year.
  • Investors are most pessimistic about the Application Software industry, which is trading below its 3-year average of 30.2x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 52% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Application Software industry is expected to see its earnings grow by 52% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
NETCD Netcad Yazilim Anonim Sirketi₺163.804.7%
+₺1.0b
n/aPE25.8x
ATATP ATP Yazilim ve Teknoloji Anonim Sirketi₺193.904.2%
+₺731.3m
121.7%PE7.8x
MIATK MIA Teknoloji Anonim Sirketi₺46.863.2%
+₺721.2m
43.3%PS9.3x
LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret₺6.323.1%
+₺169.4m
-52.5%PE12.5x
FORTE Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi₺92.001.4%
+₺83.8m
39.1%PE2.6x

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