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Turkish (BIST) Application Software Industry Analysis

UpdatedDec 13, 2025
DataAggregated Company Financials
Companies8
  • 7D-2.0%
  • 3M-12.7%
  • 1Y-3.0%
  • YTDn/a

The Application Software is pretty flat in the last 7 days, but MIA Teknoloji Anonim Sirketi has stood out, gaining 7.4%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 7.6% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Dec 2025₺72.1b₺16.7b₺6.5b13x11.2x4.3x
Tue, 11 Nov 2025₺80.1b₺15.4b₺5.1b15.2x15.6x5.2x
Thu, 09 Oct 2025₺77.4b₺14.4b₺4.9b16x15.7x5.4x
Sat, 06 Sep 2025₺86.1b₺14.4b₺4.5b25.3x19x6x
Mon, 04 Aug 2025₺75.2b₺12.3b₺3.4b42.2x22.3x6.1x
Wed, 02 Jul 2025₺70.3b₺12.3b₺3.4b41.1x20.8x5.7x
Fri, 30 May 2025₺65.4b₺12.3b₺3.4b37.6x19.4x5.3x
Sun, 27 Apr 2025₺69.1b₺12.6b₺3.4b43.4x20.2x5.5x
Tue, 25 Mar 2025₺68.2b₺12.6b₺3.4b37.2x19.9x5.4x
Thu, 20 Feb 2025₺60.9b₺9.3b₺1.8b47.8x34.5x6.6x
Sat, 18 Jan 2025₺66.3b₺9.3b₺1.8b41.2x37.6x7.2x
Mon, 16 Dec 2024₺69.1b₺9.3b₺1.8b43.3x39.2x7.5x
Wed, 13 Nov 2024₺68.1b₺8.9b₺931.0m57.3x73.1x7.6x
Fri, 11 Oct 2024₺63.1b₺9.7b₺1.4b61.5x45.8x6.5x
Sun, 08 Sep 2024₺67.1b₺8.7b₺1.5b44.7x44.3x7.7x
Tue, 06 Aug 2024₺69.5b₺8.4b₺1.7b48.1x40.5x8.2x
Thu, 04 Jul 2024₺74.2b₺8.4b₺1.7b53.7x43.3x8.8x
Sat, 01 Jun 2024₺64.7b₺7.6b₺1.1b53.9x61.3x8.5x
Mon, 29 Apr 2024₺76.3b₺6.7b₺1.3b62x60.2x11.3x
Wed, 27 Mar 2024₺74.3b₺7.5b₺1.5b48.5x48.9x9.9x
Fri, 23 Feb 2024₺82.6b₺5.5b₺1.7b57.1x49.5x15x
Sun, 21 Jan 2024₺54.4b₺5.5b₺1.7b34.7x32.6x9.9x
Tue, 19 Dec 2023₺50.8b₺5.5b₺1.7b31.5x30.5x9.2x
Thu, 16 Nov 2023₺59.7b₺5.5b₺1.7b33x36x10.9x
Sat, 14 Oct 2023₺48.7b₺4.8b₺1.4b33.4x33.7x10.2x
Mon, 11 Sep 2023₺44.5b₺4.8b₺1.4b21.6x30.8x9.4x
Wed, 09 Aug 2023₺37.3b₺4.2b₺1.2b25x31.8x8.9x
Fri, 07 Jul 2023₺24.1b₺3.7b₺1.1b19.5x22.2x6.5x
Sun, 04 Jun 2023₺17.9b₺3.7b₺1.1b14.9x16.4x4.8x
Tue, 02 May 2023₺16.8b₺3.3b₺1.1b14.3x15.5x5x
Thu, 30 Mar 2023₺17.9b₺3.2b₺1.0b16x17.6x5.6x
Sat, 25 Feb 2023₺16.2b₺2.8b₺1.0b17x15.9x5.8x
Mon, 23 Jan 2023₺18.7b₺2.6b₺901.5m20.5x20.8x7.2x
Wed, 21 Dec 2022₺20.4b₺2.6b₺901.5m24.4x22.6x7.8x
Price to Earnings Ratio

22.6x


Total Market Cap: ₺20.4bTotal Earnings: ₺901.5mTotal Revenue: ₺2.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Application Software Industry Price to Earnings3Y Average 30.9x202320242025
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 11.3x which is lower than its 3-year average PE of 30.9x.
  • The 3-year average PS ratio of 7.5x is higher than the industry's current PS ratio of 4.4x.
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 Market1.68%
Tech1.24%
Software-2.02%
Application Software-2.02%
Systems Software0%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?

CompanyLast Price7D1YValuation
LOGO Logo Yazilim Sanayi ve Ticaret₺158.002.1%
+₺313.5m
28.5%PE11.5x
MIATK MIA Teknoloji Anonim Sirketi₺37.500.5%
+₺88.9m
-17.9%PE22.9x
SMART Smartiks Yazilim₺23.361.2%
+₺8.9m
-20.4%PS3.9x

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