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Turkish (BIST) Software Industry Analysis

UpdatedJun 07, 2025
DataAggregated Company Financials
Companies8
  • 7D7.3%
  • 3M-0.7%
  • 1Y-6.0%
  • YTD-4.5%

The Software industry is up 6.0% in the last week, with Logo Yazilim Sanayi ve Ticaret up 12%. However, the industry is down 5.0% over the past year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Jun 2025₺69.3b₺12.3b₺3.4b39.8x20.5x5.6x
Mon, 05 May 2025₺68.1b₺12.6b₺3.4b44x19.9x5.4x
Wed, 02 Apr 2025₺74.9b₺12.6b₺3.4b41.9x21.8x5.9x
Fri, 28 Feb 2025₺58.9b₺9.3b₺1.8b42.5x33.4x6.4x
Sun, 26 Jan 2025₺67.3b₺9.3b₺1.8b48x38.2x7.3x
Tue, 24 Dec 2024₺66.4b₺9.3b₺1.8b40.4x37.6x7.2x
Thu, 21 Nov 2024₺62.2b₺9.5b₺1.6b39.2x38.6x6.5x
Sat, 19 Oct 2024₺61.6b₺9.7b₺1.4b58.6x44.7x6.4x
Mon, 16 Sep 2024₺66.6b₺9.0b₺1.4b47.3x46.8x7.4x
Wed, 14 Aug 2024₺70.0b₺8.8b₺1.6b47.2x43.1x8x
Fri, 12 Jul 2024₺73.4b₺8.4b₺1.7b55.5x42.8x8.7x
Sun, 09 Jun 2024₺69.6b₺8.3b₺1.6b52.2x42.5x8.4x
Tue, 07 May 2024₺77.0b₺6.9b₺1.2b61.7x63.7x11.2x
Thu, 04 Apr 2024₺76.7b₺7.5b₺1.5b46.8x50.5x10.2x
Sat, 02 Mar 2024₺88.6b₺5.5b₺1.7b57x53.1x16.1x
Mon, 29 Jan 2024₺58.5b₺5.5b₺1.7b37.3x35.1x10.6x
Wed, 27 Dec 2023₺45.8b₺5.5b₺1.7b29x27.4x8.3x
Fri, 24 Nov 2023₺57.3b₺5.5b₺1.7b39.8x34.3x10.4x
Sun, 22 Oct 2023₺47.8b₺4.8b₺1.4b27.7x33.1x10x
Tue, 19 Sep 2023₺45.5b₺4.8b₺1.4b19.6x31.5x9.6x
Thu, 17 Aug 2023₺34.7b₺4.7b₺1.4b23.8x25.4x7.4x
Sat, 15 Jul 2023₺30.9b₺4.1b₺1.2b22.4x26.6x7.6x
Mon, 12 Jun 2023₺18.4b₺3.7b₺1.1b15.9x16.9x5x
Wed, 10 May 2023₺15.7b₺3.4b₺1.1b13.7x14.6x4.7x
Fri, 07 Apr 2023₺17.5b₺3.2b₺1.0b16x17.2x5.5x
Sun, 05 Mar 2023₺17.1b₺3.1b₺973.7m17.3x17.5x5.6x
Tue, 31 Jan 2023₺17.1b₺2.8b₺1.0b18.2x16.7x6.1x
Thu, 29 Dec 2022₺19.7b₺2.6b₺901.5m23.8x21.9x7.6x
Sat, 26 Nov 2022₺20.4b₺2.6b₺901.5m25x22.6x7.8x
Mon, 24 Oct 2022₺14.3b₺1.9b₺691.7m21x20.7x7.6x
Wed, 21 Sep 2022₺11.6b₺1.9b₺691.7m14.7x16.8x6.2x
Fri, 19 Aug 2022₺11.2b₺1.8b₺678.6m14.6x16.6x6.2x
Sun, 17 Jul 2022₺10.8b₺1.5b₺522.8m17.6x20.6x7x
Tue, 14 Jun 2022₺10.2b₺1.5b₺522.8m17.4x19.5x6.6x
Price to Earnings Ratio

19.5x


Total Market Cap: ₺10.2bTotal Earnings: ₺522.8mTotal Revenue: ₺1.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Software Industry Price to Earnings3Y Average 31.2x202320242025
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 20.5x which is lower than its 3-year average PE of 31.2x.
  • The 3-year average PS ratio of 7.8x is higher than the industry's current PS ratio of 5.6x.
Past Earnings Growth
  • The earnings for companies in the Software industry have grown 86% per year over the last three years.
  • Revenues for these companies have grown 100% 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 Market4.39%
Tech5.20%
Software7.32%
Application Software7.32%
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 31.2x.
    • Analysts are expecting annual earnings growth of 14.5%, which is lower than the prior year's growth of 22.0% per year.
  • Investors are most pessimistic about the Application Software industry, which is trading below its 3-year average of 31.2x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 22% per year.
  • In contrast, the Application Software industry is expected to see its earnings grow by 15% 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
LOGO Logo Yazilim Sanayi ve Ticaret₺155.0011.0%
+₺1.5b
75.1%PE13.5x
ATATP ATP Yazilim ve Teknoloji Anonim Sirketi₺86.1514.9%
+₺1.0b
-31.4%PE21.9x
LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret₺546.507.2%
+₺793.9m
27.4%PE39.8x
MIATK MIA Teknoloji Anonim Sirketi₺31.903.4%
+₺523.6m
-46.3%PE11.4x
HTTBT Hitit Bilgisayar Hizmetleri₺40.164.3%
+₺498.0m
46.7%PE40.5x
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Latest News

MIATK

₺31.90

MIA Teknoloji Anonim Sirketi

7D

3.4%

1Y

-46.3%

LOGO

₺155.00

Logo Yazilim Sanayi ve Ticaret

7D

11.0%

1Y

75.1%

HTTBT

₺40.16

Hitit Bilgisayar Hizmetleri

7D

4.3%

1Y

46.7%

KRONT

₺16.50

Kron Teknoloji

7D

4.4%

1Y

-21.8%

LINK

₺546.50

Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret

7D

7.2%

1Y

27.4%

FORTE

₺70.00

Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi

7D

7.7%

1Y

24.7%

SMART

₺23.62

Smartiks Yazilim

7D

1.5%

1Y

-35.2%