Header cover image

Turkish (BIST) Software Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies9
  • 7D0.02%
  • 3M0.2%
  • 1Y-3.4%
  • YTD15.7%

Last week, the Software industry hasn't moved much but MIA Teknoloji Anonim Sirketi is up 10% in that time. As for the longer term, the industry has declined 3.4% in the last year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026₺91.5b₺21.9b₺6.9b12.4x13.3x4.2x
Tue, 03 Mar 2026₺84.0b₺19.3b₺7.4b14.6x11.4x4.3x
Thu, 29 Jan 2026₺77.0b₺16.7b₺6.5b12.8x11.9x4.6x
Sat, 27 Dec 2025₺71.5b₺16.7b₺6.5b11.9x11.1x4.3x
Mon, 24 Nov 2025₺76.8b₺16.6b₺7.5b12.1x10.2x4.6x
Wed, 22 Oct 2025₺73.2b₺14.4b₺4.9b14.8x14.9x5.1x
Fri, 19 Sep 2025₺89.3b₺14.4b₺4.9b25x18.2x6.2x
Sun, 17 Aug 2025₺80.6b₺12.4b₺3.4b43.5x23.7x6.5x
Tue, 15 Jul 2025₺72.1b₺12.3b₺3.4b40.9x21.4x5.9x
Thu, 12 Jun 2025₺71.1b₺12.3b₺3.4b40.7x21.1x5.8x
Sat, 10 May 2025₺68.5b₺12.6b₺3.4b44.1x20x5.4x
Mon, 07 Apr 2025₺74.5b₺12.6b₺3.4b43.5x21.7x5.9x
Wed, 05 Mar 2025₺59.6b₺10.6b₺3.1b40.7x19.4x5.6x
Fri, 31 Jan 2025₺65.0b₺9.3b₺1.8b49.9x36.8x7x
Sun, 29 Dec 2024₺67.9b₺9.3b₺1.8b41.3x38.5x7.3x
Tue, 26 Nov 2024₺63.8b₺9.3b₺1.8b42.1x36.2x6.9x
Thu, 24 Oct 2024₺61.7b₺9.7b₺1.4b57.1x44.8x6.4x
Sat, 21 Sep 2024₺64.6b₺9.3b₺1.4b45.8x46x7x
Mon, 19 Aug 2024₺69.7b₺8.8b₺1.6b47.8x42.9x8x
Wed, 17 Jul 2024₺74.6b₺8.4b₺1.7b53.7x43.5x8.8x
Fri, 14 Jun 2024₺65.8b₺8.3b₺1.6b52.7x39.9x7.9x
Sun, 12 May 2024₺73.1b₺7.4b₺1.1b60.8x65.2x9.9x
Tue, 09 Apr 2024₺82.8b₺7.5b₺1.5b55.3x54.5x11x
Thu, 07 Mar 2024₺76.9b₺5.6b₺1.7b49x46x13.8x
Sat, 03 Feb 2024₺64.7b₺5.5b₺1.7b41.6x38.8x11.8x
Mon, 01 Jan 2024₺50.4b₺5.5b₺1.7b33.5x30.2x9.2x
Wed, 29 Nov 2023₺57.2b₺5.5b₺1.7b37.4x34.3x10.4x
Fri, 27 Oct 2023₺51.9b₺4.8b₺1.4b30.8x36x10.9x
Sun, 24 Sep 2023₺56.2b₺4.8b₺1.4b24.3x38.9x11.8x
Tue, 22 Aug 2023₺35.8b₺4.7b₺1.5b20.6x24.7x7.5x
Thu, 20 Jul 2023₺31.9b₺4.1b₺1.2b20.7x27.5x7.8x
Sat, 17 Jun 2023₺19.8b₺3.7b₺1.1b15.6x18.2x5.4x
Mon, 15 May 2023₺15.7b₺3.7b₺1.1b14.8x14.4x4.3x
Wed, 12 Apr 2023₺17.6b₺3.2b₺1.0b15.4x17.2x5.5x
Price to Earnings Ratio

17.2x


Total Market Cap: ₺17.6bTotal Earnings: ₺1.0bTotal Revenue: ₺3.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Software Industry Price to Earnings3Y Average 30.3x202420252026
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 13.3x which is lower than its 3-year average PE of 30.3x.
  • The 3-year average PS ratio of 7.3x 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 Market2.22%
Tech4.50%
Software0.02%
Application Software0.02%
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 30.3x.
    • Analysts are expecting annual earnings growth of 12.9%, which is lower than the prior year's growth of 42.8% per year.
  • Investors are most pessimistic about the Application Software industry, which is trading below its 3-year average of 30.3x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 43% per year.
  • In contrast, the Application Software industry is expected to see its earnings grow by 13% 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
MIATK MIA Teknoloji Anonim Sirketi₺41.5010.4%
+₺1.9b
-3.8%PS7.4x
HTTBT Hitit Bilgisayar Hizmetleri₺37.461.5%
+₺162.0m
-21.3%PE28.9x
KRONT Kron Teknoloji₺21.206.2%
+₺105.3m
32.5%PE12.4x
LOGO Logo Yazilim Sanayi ve Ticaret₺134.200.5%
+₺66.5m
14.7%PE8.5x