Turkish (BIST) Application Software Industry Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies8
- 7D-6.9%
- 3M29.8%
- 1Y130.3%
- YTD131.3%
Over the last 7 days, the Application Software industry has dropped 4.2%, driven by a pullback from MIA Teknoloji Anonim Sirketi of 12%. Meanwhile, ATP Yazilim ve Teknoloji Anonim Sirketi actually outperformed within the industry, gaining 7.0% in the last week. Over the past 12 months, the industry was up 131%. As for the next few years, earnings are expected to grow by 47% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | ₺53.5b | ₺5.5b | ₺1.7b | 35.3x | 32.1x | 9.7x |
| Mon, 30 Oct 2023 | ₺54.9b | ₺4.8b | ₺1.4b | 31x | 38x | 11.5x |
| Wed, 27 Sep 2023 | ₺56.2b | ₺4.8b | ₺1.4b | 24.9x | 38.9x | 11.8x |
| Fri, 25 Aug 2023 | ₺34.5b | ₺4.7b | ₺1.5b | 18.7x | 23.8x | 7.3x |
| Sun, 23 Jul 2023 | ₺32.7b | ₺4.1b | ₺1.2b | 21.1x | 28.2x | 8x |
| Tue, 20 Jun 2023 | ₺19.3b | ₺3.7b | ₺1.1b | 15.1x | 17.7x | 5.2x |
| Thu, 18 May 2023 | ₺15.9b | ₺3.7b | ₺1.1b | 14.5x | 14.6x | 4.3x |
| Sat, 15 Apr 2023 | ₺17.6b | ₺3.2b | ₺1.0b | 15.7x | 17.2x | 5.5x |
| Mon, 13 Mar 2023 | ₺17.6b | ₺3.2b | ₺1.0b | 16.6x | 17.3x | 5.5x |
| Wed, 08 Feb 2023 | ₺15.7b | ₺2.8b | ₺1.0b | 16.3x | 15.4x | 5.6x |
| Fri, 06 Jan 2023 | ₺17.9b | ₺2.6b | ₺901.5m | 21.9x | 19.8x | 6.8x |
| Sun, 04 Dec 2022 | ₺19.9b | ₺2.6b | ₺901.5m | 23.6x | 22.1x | 7.6x |
| Tue, 01 Nov 2022 | ₺14.2b | ₺2.2b | ₺781.4m | 25.2x | 18.2x | 6.5x |
| Thu, 29 Sep 2022 | ₺11.4b | ₺1.9b | ₺691.7m | 15.5x | 16.5x | 6.1x |
| Sat, 27 Aug 2022 | ₺11.7b | ₺1.8b | ₺684.9m | 14.6x | 17.1x | 6.4x |
| Mon, 25 Jul 2022 | ₺10.8b | ₺1.5b | ₺522.8m | 18.2x | 20.6x | 7x |
| Wed, 22 Jun 2022 | ₺10.6b | ₺1.5b | ₺522.8m | 17.7x | 20.2x | 6.9x |
| Fri, 20 May 2022 | ₺10.4b | ₺1.5b | ₺522.8m | 17.5x | 19.9x | 6.8x |
| Sun, 17 Apr 2022 | ₺11.1b | ₺1.3b | ₺449.7m | 19.9x | 24.7x | 8.4x |
| Tue, 15 Mar 2022 | ₺10.9b | ₺1.3b | ₺422.7m | 19.5x | 25.9x | 8.3x |
| Thu, 10 Feb 2022 | ₺10.0b | ₺1.2b | ₺286.3m | 48.7x | 35x | 8.6x |
| Sat, 08 Jan 2022 | ₺9.5b | ₺1.2b | ₺286.3m | 44.9x | 33.3x | 8.2x |
| Mon, 06 Dec 2021 | ₺10.4b | ₺1.2b | ₺286.3m | 48.6x | 36.4x | 8.9x |
| Wed, 03 Nov 2021 | ₺7.6b | ₺1.2b | ₺284.8m | 31.8x | 26.6x | 6.5x |
| Fri, 01 Oct 2021 | ₺7.2b | ₺1.1b | ₺269.9m | 30.1x | 26.6x | 6.5x |
| Sun, 29 Aug 2021 | ₺7.0b | ₺1.1b | ₺269.9m | 30.9x | 25.8x | 6.3x |
| Mon, 05 Jul 2021 | ₺6.1b | ₺1.1b | ₺269.9m | 29.5x | 22.6x | 5.5x |
| Thu, 08 Apr 2021 | ₺5.3b | ₺686.0m | ₺179.0m | 40.8x | 29.6x | 7.7x |
| Sun, 10 Jan 2021 | ₺4.3b | ₺645.2m | ₺141.0m | 39.3x | 30.5x | 6.7x |
Price to Earnings Ratio
25.2x
Current Industry PE
- Investors are optimistic on the Turkish Application Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.6x which is higher than its 3-year average PE of 25.3x.
- The 3-year average PS ratio of 7.2x is lower than the industry's current PS ratio of 9.9x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 125% per year over the last three years.
- Revenues for these companies have grown 109% 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 | -1.39% | |
| Tech | -3.04% | |
| Software | -6.90% | |
| Application Software | -6.90% | |
| Systems Software | 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 | |
|---|---|---|---|---|---|
| LOGO Logo Yazilim Sanayi ve Ticaret | ₺81.00 | 4.2% +₺325.0m | 32.0% | PE15.6x | |
| SMART Smartiks Yazilim | ₺36.60 | 7.8% +₺84.1m | 194.0% | PE25x |