Header cover image

Turkish (BIST) Software Industry Analysis

UpdatedAug 20, 2026
DataAggregated Company Financials
Companies9
  • 7D4.6%
  • 3M6.7%
  • 1Y-0.01%
  • YTD30.3%

Over the last 7 days, the Software industry has remained flat, although notably ATP Yazilim ve Teknoloji Anonim Sirketi gained 18%. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 62% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Aug 2026₺103.1b₺22.0b₺5.4b17.2x19.1x4.7x
Sat, 18 Jul 2026₺97.4b₺22.0b₺5.7b15.2x17x4.4x
Mon, 15 Jun 2026₺108.9b₺23.3b₺6.2b14.6x17.5x4.7x
Wed, 13 May 2026₺106.4b₺21.9b₺6.9b11.7x15.5x4.9x
Fri, 10 Apr 2026₺92.3b₺21.9b₺6.9b11.8x13.5x4.2x
Sun, 08 Mar 2026₺84.5b₺19.7b₺5.8b15x14.6x4.3x
Tue, 03 Feb 2026₺74.9b₺16.7b₺6.5b12.1x11.6x4.5x
Thu, 01 Jan 2026₺70.7b₺16.7b₺6.5b11.7x10.9x4.2x
Sat, 29 Nov 2025₺71.3b₺16.7b₺6.5b11.2x11x4.3x
Mon, 27 Oct 2025₺76.0b₺14.4b₺4.9b16.4x15.4x5.3x
Wed, 24 Sep 2025₺89.1b₺14.4b₺4.9b22.5x18.1x6.2x
Fri, 22 Aug 2025₺86.7b₺14.3b₺4.4b45.2x19.9x6.1x
Sun, 20 Jul 2025₺73.4b₺12.3b₺3.4b43.3x21.7x6x
Tue, 17 Jun 2025₺66.5b₺12.3b₺3.4b38.7x19.7x5.4x
Thu, 15 May 2025₺69.9b₺12.7b₺3.4b44.6x20.7x5.5x
Sat, 12 Apr 2025₺71.8b₺12.6b₺3.4b41.5x20.9x5.7x
Mon, 10 Mar 2025₺64.5b₺11.3b₺3.3b41.4x19.4x5.7x
Wed, 05 Feb 2025₺63.7b₺9.3b₺1.8b50.3x36.1x6.9x
Fri, 03 Jan 2025₺67.8b₺9.3b₺1.8b41.9x38.4x7.3x
Sun, 01 Dec 2024₺64.6b₺9.3b₺1.8b42.2x36.6x7x
Tue, 29 Oct 2024₺64.0b₺9.7b₺1.4b60.9x46.5x6.6x
Thu, 26 Sep 2024₺63.2b₺9.2b₺1.4b53.6x45.9x6.9x
Sat, 24 Aug 2024₺66.6b₺8.8b₺1.6b45.9x41x7.6x
Mon, 22 Jul 2024₺76.9b₺8.4b₺1.7b53.7x44.9x9.1x
Wed, 19 Jun 2024₺70.5b₺8.4b₺1.7b46.5x41.3x8.4x
Fri, 17 May 2024₺74.9b₺7.3b₺1.1b61.8x66.5x10.3x
Sun, 14 Apr 2024₺83.7b₺7.5b₺1.5b58x55.1x11.1x
Tue, 12 Mar 2024₺81.9b₺5.6b₺1.7b47.8x48.9x14.7x
Thu, 08 Feb 2024₺70.5b₺5.5b₺1.7b45.9x42.3x12.8x
Sat, 06 Jan 2024₺53.7b₺5.5b₺1.7b34.5x32.2x9.8x
Mon, 04 Dec 2023₺53.5b₺5.5b₺1.7b35.3x32.1x9.7x
Wed, 01 Nov 2023₺57.5b₺4.8b₺1.4b32.1x39.8x12.1x
Fri, 29 Sep 2023₺51.1b₺4.8b₺1.4b27.5x35.4x10.7x
Sun, 27 Aug 2023₺34.7b₺4.7b₺1.5b19.2x23.9x7.3x
Price to Earnings Ratio

23.9x


Total Market Cap: ₺34.7bTotal Earnings: ₺1.5bTotal Revenue: ₺4.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Software Industry Price to Earnings3Y Average 29.8x202420252026
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 18.6x which is lower than its 3-year average PE of 29.8x.
  • The 3-year average PS ratio of 7.1x 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 55% per year over the last three years.
  • Revenues for these companies have grown 67% 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 Market1.14%
Tech-11.10%
Software4.64%
Application Software4.64%
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 29.8x.
    • Analysts are expecting annual earnings growth of 62.2%, which is higher than its past year's earnings growth of 25.7% per year.
  • Investors are most pessimistic about the Application Software industry, which is trading below its 3-year average of 29.8x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 62% over the next 5 years.
  • This is better than its past earnings growth rate of 26% per year.
  • In contrast, the Application Software industry is expected to see its earnings grow by 62% 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
ATATP ATP Yazilim ve Teknoloji Anonim Sirketi₺308.5017.6%
+₺4.3b
143.3%PE13.1x
MIATK MIA Teknoloji Anonim Sirketi₺31.003.7%
+₺553.3m
-19.7%PS6.1x
LOGO Logo Yazilim Sanayi ve Ticaret₺138.003.6%
+₺456.0m
-20.6%PE21.1x
FORTE Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi₺129.900.8%
+₺67.0m
52.8%PE4.7x
LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret₺5.680.9%
+₺44.6m
-67.2%PE14.3x

Latest News