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Turkish (BIST) Application Software Industry Analysis
UpdatedJan 23, 2026
DataAggregated Company Financials
Companies8
- 7D2.2%
- 3M1.4%
- 1Y8.2%
- YTDn/a
Hitit Bilgisayar Hizmetleri is up 5.5%, leading the way for the Application Software industry, which has gained 1.7%. In the last 12 months, the industry was up 5.7%. Earnings are forecast to grow by 7.0% 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 |
|---|---|---|---|---|---|---|
| Fri, 23 Jan 2026 | ₺77.0b | ₺16.7b | ₺6.5b | 12.8x | 11.9x | 4.6x |
| Sun, 21 Dec 2025 | ₺72.6b | ₺16.7b | ₺6.5b | 12.5x | 11.2x | 4.4x |
| Tue, 18 Nov 2025 | ₺77.8b | ₺16.8b | ₺7.5b | 11.6x | 10.3x | 4.6x |
| Thu, 16 Oct 2025 | ₺75.2b | ₺14.4b | ₺4.9b | 15.1x | 15.3x | 5.2x |
| Sat, 13 Sep 2025 | ₺82.7b | ₺14.3b | ₺4.5b | 23.8x | 18.2x | 5.8x |
| Mon, 11 Aug 2025 | ₺77.7b | ₺12.3b | ₺3.4b | 44.6x | 23x | 6.3x |
| Wed, 09 Jul 2025 | ₺71.4b | ₺12.3b | ₺3.4b | 40.5x | 21.1x | 5.8x |
| Fri, 06 Jun 2025 | ₺69.3b | ₺12.3b | ₺3.4b | 39.8x | 20.5x | 5.6x |
| Sun, 04 May 2025 | ₺68.1b | ₺12.6b | ₺3.4b | 44x | 19.9x | 5.4x |
| Tue, 01 Apr 2025 | ₺74.9b | ₺12.6b | ₺3.4b | 41.9x | 21.8x | 5.9x |
| Thu, 27 Feb 2025 | ₺58.1b | ₺9.3b | ₺1.8b | 42.7x | 32.9x | 6.3x |
| Sat, 25 Jan 2025 | ₺67.3b | ₺9.3b | ₺1.8b | 48x | 38.2x | 7.3x |
| Mon, 23 Dec 2024 | ₺66.5b | ₺9.3b | ₺1.8b | 41.3x | 37.7x | 7.2x |
| Wed, 20 Nov 2024 | ₺66.6b | ₺10.3b | ₺1.6b | 41.4x | 40.4x | 6.5x |
| Fri, 18 Oct 2024 | ₺62.1b | ₺9.7b | ₺1.4b | 59.2x | 45.1x | 6.4x |
| Sun, 15 Sep 2024 | ₺66.6b | ₺9.0b | ₺1.4b | 47.3x | 46.8x | 7.4x |
| Tue, 13 Aug 2024 | ₺68.9b | ₺8.9b | ₺1.8b | 42.7x | 37.3x | 7.7x |
| Thu, 11 Jul 2024 | ₺73.1b | ₺8.4b | ₺1.7b | 54x | 42.7x | 8.7x |
| Sat, 08 Jun 2024 | ₺69.6b | ₺8.3b | ₺1.6b | 52.2x | 42.5x | 8.4x |
| Mon, 06 May 2024 | ₺74.9b | ₺6.9b | ₺1.2b | 60.5x | 61.9x | 10.9x |
| Wed, 03 Apr 2024 | ₺75.9b | ₺7.5b | ₺1.5b | 46.4x | 50x | 10.1x |
| Fri, 01 Mar 2024 | ₺88.4b | ₺5.5b | ₺1.7b | 59.2x | 53x | 16.1x |
| Sun, 28 Jan 2024 | ₺58.5b | ₺5.5b | ₺1.7b | 37.3x | 35.1x | 10.6x |
| Tue, 26 Dec 2023 | ₺45.7b | ₺5.5b | ₺1.7b | 29.8x | 27.4x | 8.3x |
| Thu, 23 Nov 2023 | ₺58.3b | ₺5.5b | ₺1.7b | 37.2x | 35x | 10.6x |
| Sat, 21 Oct 2023 | ₺47.8b | ₺4.8b | ₺1.4b | 27.7x | 33.1x | 10x |
| Mon, 18 Sep 2023 | ₺44.8b | ₺4.8b | ₺1.4b | 20.9x | 31x | 9.4x |
| Wed, 16 Aug 2023 | ₺39.7b | ₺4.7b | ₺1.4b | 24.2x | 29x | 8.5x |
| Fri, 14 Jul 2023 | ₺29.7b | ₺4.1b | ₺1.2b | 21.2x | 25.6x | 7.3x |
| Sun, 11 Jun 2023 | ₺18.4b | ₺3.7b | ₺1.1b | 15.9x | 16.9x | 5x |
| Tue, 09 May 2023 | ₺15.7b | ₺3.4b | ₺1.1b | 13.6x | 14.6x | 4.7x |
| Thu, 06 Apr 2023 | ₺17.6b | ₺3.2b | ₺1.0b | 15.9x | 17.2x | 5.5x |
| Sat, 04 Mar 2023 | ₺17.1b | ₺3.0b | ₺989.1m | 15.9x | 17.3x | 5.6x |
| Mon, 30 Jan 2023 | ₺17.3b | ₺2.8b | ₺1.0b | 17.5x | 16.9x | 6.2x |
Price to Earnings Ratio
16.9x
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 11.5x 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 4.4x.
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 Market | 2.33% | |
| Tech | 2.58% | |
| Software | 2.21% | |
| Application Software | 2.21% | |
| 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 | |
|---|---|---|---|---|---|
| LOGO Logo Yazilim Sanayi ve Ticaret | ₺171.10 | 3.9% +₺608.0m | 42.6% | PE12.4x | |
| FORTE Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi | ₺100.50 | 6.0% +₺381.9m | 91.1% | PE3.6x | |
| HTTBT Hitit Bilgisayar Hizmetleri | ₺46.00 | 1.9% +₺252.0m | 4.9% | PE37.1x | |
| LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret | ₺245.60 | 4.8% +₺243.6m | -48.1% | PE13.2x | |
| KRONT Kron Teknoloji | ₺16.04 | 2.3% +₺30.8m | -29.3% | PE26.5x |