Have your own idea? Try our Stock Screener
Turkish (BIST) Application Software Industry Analysis
UpdatedJan 11, 2026
DataAggregated Company Financials
Companies8
- 7D-0.5%
- 3M-5.8%
- 1Y1.0%
- YTDn/a
Last week, the Application Software industry hasn't moved much but Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi is up 13% in that time. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 7.6% annually.
Industry Valuation and Performance
Has the Turkish Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 12 Jan 2026 | ₺71.8b | ₺16.7b | ₺6.5b | 12x | 11.1x | 4.3x |
| Wed, 10 Dec 2025 | ₺75.0b | ₺16.7b | ₺6.5b | 13.5x | 11.6x | 4.5x |
| Fri, 07 Nov 2025 | ₺77.8b | ₺15.3b | ₺5.1b | 14.8x | 15.2x | 5.1x |
| Sun, 05 Oct 2025 | ₺79.1b | ₺14.4b | ₺4.9b | 16.3x | 16.1x | 5.5x |
| Tue, 02 Sep 2025 | ₺89.6b | ₺14.5b | ₺4.5b | 36.7x | 20x | 6.2x |
| Thu, 31 Jul 2025 | ₺73.7b | ₺12.3b | ₺3.4b | 42.2x | 21.8x | 6x |
| Sat, 28 Jun 2025 | ₺66.2b | ₺12.3b | ₺3.4b | 39.8x | 19.6x | 5.4x |
| Mon, 26 May 2025 | ₺69.0b | ₺12.3b | ₺3.4b | 38.5x | 20.4x | 5.6x |
| Wed, 23 Apr 2025 | ₺67.4b | ₺12.6b | ₺3.4b | 42.5x | 19.7x | 5.3x |
| Fri, 21 Mar 2025 | ₺63.7b | ₺12.6b | ₺3.4b | 28.5x | 18.6x | 5x |
| Sun, 16 Feb 2025 | ₺61.5b | ₺9.3b | ₺1.8b | 47.3x | 34.9x | 6.6x |
| Tue, 14 Jan 2025 | ₺66.0b | ₺9.3b | ₺1.8b | 42x | 37.4x | 7.1x |
| Thu, 12 Dec 2024 | ₺67.1b | ₺9.3b | ₺1.8b | 42x | 38.1x | 7.3x |
| Sat, 09 Nov 2024 | ₺67.6b | ₺8.4b | ₺585.6m | 85.6x | 115.4x | 8.1x |
| Mon, 07 Oct 2024 | ₺59.6b | ₺9.0b | ₺1.3b | 57.9x | 44.4x | 6.7x |
| Wed, 04 Sep 2024 | ₺68.8b | ₺8.7b | ₺1.5b | 46.3x | 44.8x | 7.9x |
| Fri, 02 Aug 2024 | ₺77.4b | ₺8.4b | ₺1.7b | 52.3x | 45.2x | 9.2x |
| Sun, 30 Jun 2024 | ₺77.2b | ₺8.4b | ₺1.7b | 53.3x | 45x | 9.2x |
| Tue, 28 May 2024 | ₺67.7b | ₺7.6b | ₺1.1b | 57.5x | 64.2x | 8.9x |
| Thu, 25 Apr 2024 | ₺77.6b | ₺6.7b | ₺1.3b | 64.1x | 61.2x | 11.5x |
| Sat, 23 Mar 2024 | ₺77.9b | ₺6.7b | ₺1.9b | 38.2x | 41.1x | 11.6x |
| Mon, 19 Feb 2024 | ₺74.0b | ₺5.5b | ₺1.7b | 50.4x | 44.3x | 13.4x |
| Wed, 17 Jan 2024 | ₺53.4b | ₺5.5b | ₺1.7b | 33.1x | 32x | 9.7x |
| Fri, 15 Dec 2023 | ₺50.3b | ₺5.5b | ₺1.7b | 32.4x | 30.1x | 9.1x |
| Sun, 12 Nov 2023 | ₺54.5b | ₺5.5b | ₺1.7b | 30x | 32.9x | 9.9x |
| Tue, 10 Oct 2023 | ₺51.9b | ₺4.8b | ₺1.4b | 32.6x | 35.9x | 10.9x |
| Thu, 07 Sep 2023 | ₺44.1b | ₺4.8b | ₺1.4b | 21.9x | 30.5x | 9.3x |
| Sat, 05 Aug 2023 | ₺36.2b | ₺4.2b | ₺1.2b | 25.2x | 30.9x | 8.6x |
| Mon, 03 Jul 2023 | ₺22.0b | ₺3.7b | ₺1.1b | 17.1x | 20.2x | 6x |
| Wed, 31 May 2023 | ₺16.5b | ₺3.7b | ₺1.1b | 13.9x | 15.2x | 4.5x |
| Fri, 28 Apr 2023 | ₺16.7b | ₺3.3b | ₺1.1b | 14.2x | 15.4x | 5x |
| Sun, 26 Mar 2023 | ₺18.4b | ₺3.2b | ₺1.0b | 16.1x | 18x | 5.7x |
| Tue, 21 Feb 2023 | ₺15.3b | ₺2.8b | ₺1.0b | 16.3x | 15x | 5.5x |
| Thu, 19 Jan 2023 | ₺18.5b | ₺2.6b | ₺901.5m | 20.3x | 20.5x | 7.1x |
Price to Earnings Ratio
20.5x
Current Industry PE
- Investors are pessimistic on the Turkish Application 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 11.1x which is lower than its 3-year average PE of 30.6x.
- The 3-year average PS ratio of 7.4x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 93% per year over the last three years.
- Revenues for these companies have grown 86% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Turkish Application Software compare with similar industries?
| TR Market | 5.20% | |
| Tech | 0.67% | |
| Software | -0.48% | |
| Application Software | -0.48% | |
| Systems Software | 0% | 0 |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FORTE Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi | ₺96.25 | 12.8% +₺733.7m | 60.4% | PE3.4x | |
| LOGO Logo Yazilim Sanayi ve Ticaret | ₺157.50 | 2.3% +₺332.5m | 35.9% | PE11.4x | |
| HTTBT Hitit Bilgisayar Hizmetleri | ₺43.00 | 0.9% +₺114.0m | 4.9% | PE34.7x | |
| KRONT Kron Teknoloji | ₺15.12 | 9.6% +₺113.0m | -28.3% | PE25x | |
| LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret | ₺223.30 | 1.6% +₺78.3m | -54.6% | PE12x |