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Turkish (BIST) Application Software Industry Analysis

UpdatedJan 26, 2026
DataAggregated Company Financials
Companies8
  • 7D-0.3%
  • 3M3.2%
  • 1Y8.4%
  • YTDn/a

The Application Software is pretty flat in the last 7 days, but Logo Yazilim Sanayi ve Ticaret has stood out, gaining 3.9%. The past year has been better, since the industry has gained 6.4% in that time. As for the next few years, earnings are expected to grow by 7.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Jan 2026₺76.4b₺16.7b₺6.5b13.2x11.8x4.6x
Wed, 24 Dec 2025₺71.3b₺16.7b₺6.5b11.7x11x4.3x
Fri, 21 Nov 2025₺76.7b₺16.8b₺7.5b11.9x10.2x4.6x
Sun, 19 Oct 2025₺73.4b₺14.4b₺4.9b15x14.9x5.1x
Tue, 16 Sep 2025₺86.6b₺14.4b₺4.9b24.8x17.6x6x
Thu, 14 Aug 2025₺78.9b₺12.4b₺3.4b43.8x23.2x6.4x
Sat, 12 Jul 2025₺72.3b₺12.3b₺3.4b41.3x21.4x5.9x
Mon, 09 Jun 2025₺69.3b₺12.3b₺3.4b39.8x20.5x5.6x
Wed, 07 May 2025₺68.1b₺12.6b₺3.4b44.4x19.9x5.4x
Fri, 04 Apr 2025₺76.2b₺12.6b₺3.4b43.7x22.2x6x
Sun, 02 Mar 2025₺60.0b₺9.8b₺1.8b42.1x33.8x6.1x
Tue, 28 Jan 2025₺67.3b₺9.3b₺1.8b52.7x38.2x7.3x
Thu, 26 Dec 2024₺66.6b₺9.3b₺1.8b41.3x37.8x7.2x
Sat, 23 Nov 2024₺63.1b₺9.5b₺1.6b39.6x39.2x6.6x
Mon, 21 Oct 2024₺61.6b₺9.7b₺1.4b58.6x44.7x6.4x
Wed, 18 Sep 2024₺65.1b₺9.0b₺1.4b45x45.8x7.2x
Fri, 16 Aug 2024₺71.1b₺8.8b₺1.6b49.1x43.8x8.1x
Sun, 14 Jul 2024₺76.2b₺8.4b₺1.7b56x44.4x9x
Tue, 11 Jun 2024₺69.6b₺8.3b₺1.6b51.1x42.5x8.4x
Thu, 09 May 2024₺74.5b₺7.3b₺1.1b59.7x67x10.2x
Sat, 06 Apr 2024₺77.5b₺7.5b₺1.5b50.3x51x10.3x
Mon, 04 Mar 2024₺88.6b₺5.5b₺1.7b57x53.1x16.1x
Wed, 31 Jan 2024₺62.2b₺5.5b₺1.7b40.7x37.3x11.3x
Fri, 29 Dec 2023₺48.6b₺5.5b₺1.7b31.7x29.1x8.8x
Sun, 26 Nov 2023₺57.4b₺5.5b₺1.7b38.6x34.4x10.4x
Tue, 24 Oct 2023₺50.5b₺4.8b₺1.4b29.1x35x10.6x
Thu, 21 Sep 2023₺49.7b₺4.8b₺1.4b21.3x34.4x10.4x
Sat, 19 Aug 2023₺35.8b₺4.7b₺1.4b20.9x25.9x7.6x
Mon, 17 Jul 2023₺30.9b₺4.1b₺1.2b22.4x26.6x7.6x
Wed, 14 Jun 2023₺18.9b₺3.7b₺1.1b16x17.3x5.1x
Fri, 12 May 2023₺16.2b₺3.7b₺1.1b15.4x14.9x4.4x
Sun, 09 Apr 2023₺17.4b₺3.2b₺1.0b15.3x17.1x5.4x
Tue, 07 Mar 2023₺17.2b₺3.1b₺973.7m18x17.7x5.7x
Thu, 02 Feb 2023₺16.0b₺2.8b₺1.0b18.1x15.6x5.7x
Price to Earnings Ratio

15.6x


Total Market Cap: ₺16.0bTotal Earnings: ₺1.0bTotal Revenue: ₺2.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Application Software Industry Price to Earnings3Y Average 30.5x202420252026
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 11.8x which is lower than its 3-year average PE of 30.5x.
  • The 3-year average PS ratio of 7.4x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 85% per year over the last three years.
  • Revenues for these companies have grown 81% 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 Market1.71%
Tech0.82%
Software-0.33%
Application Software-0.33%
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₺171.102.9%
+₺465.5m
45.1%PE12.4x
FORTE Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi₺100.506.9%
+₺435.5m
96.3%PE3.6x
SMART Smartiks Yazilim₺23.701.7%
+₺12.7m
-34.6%PS3.9x
KRONT Kron Teknoloji₺16.040.8%
+₺10.3m
-29.6%PE26.5x

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