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Turkish (BIST) Software Industry Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies8
  • 7D10.0%
  • 3M27.0%
  • 1Y62.1%
  • YTD65.0%

Over the last 7 days, the Software industry has risen 10%, driven by gains from Mia Teknoloji Anonim Sirketi of 46%. This takes the industry's 12 month performance to a gain of 62%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021₺11.6b₺1.2b₺286.3m45.7x
Fri, 29 Oct 2021₺9.1b₺1.2b₺287.1m29.7x
Sun, 26 Sep 2021₺8.8b₺1.1b₺269.9m30.2x
Tue, 24 Aug 2021₺7.2b₺1.1b₺269.9m31.6x
Wed, 30 Jun 2021₺6.1b₺1.1b₺269.9m29.5x
Sat, 03 Apr 2021₺5.3b₺686.0m₺179.0m40.8x
Tue, 05 Jan 2021₺4.3b₺645.2m₺141.0m39.3x
Fri, 09 Oct 2020₺3.4b₺598.3m₺145.6m25.3x
Thu, 02 Jul 2020₺2.7b₺563.5m₺127.5m27.8x
Sun, 05 Apr 2020₺2.1b₺543.4m₺119.5m18.4x
Wed, 08 Jan 2020₺2.1b₺520.8m₺112.7m17x
Tue, 01 Oct 2019₺1.3b₺454.9m₺85.1m15.4x
Fri, 05 Jul 2019₺1.3b₺437.5m₺89.3m13.3x
Mon, 08 Apr 2019₺1.2b₺386.1m₺80.1m15x
Thu, 10 Jan 2019₺847.7m₺366.2m₺79.6m10x
PE Ratio

12.1x

Total Market Cap: ₺995.0mTotal Earnings: ₺84.6mTotal Revenue: ₺340.3m0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 45.7x which is higher than its 3-year average PE of 24.9x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Software industry have grown 50% per year over the last three years, and revenues for these companies have grown 51% 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 Software industry?

Systems Software16.14%
Application Software9.24%

Industry PE: Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio of 24.9x. However analysts expect its future annual earnings growth (18%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today.

Forecasted Growth: Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 18% over the next 5 years. This is roughly in line with its past earnings growth rate.

Top Stock Gainers and Losers

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

Company7D1YValuation
MIATK Mia Teknoloji Anonim Sirketi46.2%+₺405.8mn/an/a
LOGO Logo Yazilim Sanayi ve Ticaret7.3%+₺334.0m77.1%PE24.5x
YEOTK Yeo Teknoloji Enerji Ve Endustri Anonim Sirketi5.1%+₺68.4mn/an/a
LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret10.3%+₺31.9m31.4%PE30.5x
KRONT Kron Telekomünikasyon Hizmetleri5.3%+₺28.0m48.4%PE61.6x
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