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Turkish (BIST) Application Software Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies9
  • 7D-1.7%
  • 3M13.9%
  • 1Y34.3%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 1.7%, driven by a pullback from ATP Yazilim ve Teknoloji Anonim Sirketi of 13%. Over the past 12 months, the industry was up 34%. As for the next few years, earnings are expected to grow by 52% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jun 2026₺107.1b₺23.3b₺6.2b14.7x17.2x4.6x
Tue, 19 May 2026₺106.5b₺23.3b₺6.2b12.4x17x4.6x
Thu, 16 Apr 2026₺92.6b₺21.9b₺6.9b11.9x13.5x4.2x
Sat, 14 Mar 2026₺92.0b₺21.9b₺6.9b11.9x13.4x4.2x
Mon, 09 Feb 2026₺80.6b₺16.7b₺6.5b12.9x12.5x4.8x
Wed, 07 Jan 2026₺71.3b₺16.7b₺6.5b11.9x11x4.3x
Fri, 05 Dec 2025₺73.0b₺16.7b₺6.5b12.9x11.3x4.4x
Sun, 02 Nov 2025₺76.2b₺14.4b₺4.9b15.4x15.5x5.3x
Tue, 30 Sep 2025₺83.7b₺14.4b₺4.9b17x17x5.8x
Thu, 28 Aug 2025₺87.4b₺14.6b₺4.5b35x19.5x6x
Sat, 26 Jul 2025₺73.9b₺12.3b₺3.4b44.1x21.9x6x
Mon, 23 Jun 2025₺63.4b₺12.3b₺3.4b37.3x18.8x5.2x
Wed, 21 May 2025₺69.8b₺12.8b₺4.2b32.1x16.7x5.5x
Fri, 18 Apr 2025₺71.2b₺12.6b₺3.4b41.9x20.8x5.6x
Sun, 16 Mar 2025₺68.5b₺12.6b₺3.4b31.5x20x5.4x
Tue, 11 Feb 2025₺62.9b₺9.3b₺1.8b49.8x35.7x6.8x
Thu, 09 Jan 2025₺66.3b₺9.3b₺1.8b42.2x37.6x7.2x
Sat, 07 Dec 2024₺68.3b₺9.3b₺1.8b43.9x38.7x7.4x
Mon, 04 Nov 2024₺67.3b₺9.7b₺1.4b64.1x48x6.9x
Wed, 02 Oct 2024₺59.2b₺9.0b₺1.3b56.6x44.1x6.6x
Fri, 30 Aug 2024₺67.6b₺8.7b₺1.5b46.3x44x7.8x
Sun, 28 Jul 2024₺76.5b₺8.4b₺1.7b56.4x44.6x9.1x
Tue, 25 Jun 2024₺76.8b₺8.4b₺1.7b49x44.8x9.1x
Thu, 23 May 2024₺72.8b₺7.4b₺1.0b65.9x72.6x9.8x
Sat, 20 Apr 2024₺74.2b₺6.7b₺1.3b60.5x58.5x11x
Mon, 18 Mar 2024₺75.5b₺6.0b₺1.6b46.4x45.8x12.7x
Wed, 14 Feb 2024₺71.5b₺5.5b₺1.7b47.2x42.9x13x
Fri, 12 Jan 2024₺55.3b₺5.5b₺1.7b35.4x33.2x10.1x
Sun, 10 Dec 2023₺54.6b₺5.5b₺1.7b36.5x32.8x9.9x
Tue, 07 Nov 2023₺54.3b₺5.2b₺1.5b28.8x36.3x10.4x
Thu, 05 Oct 2023₺52.5b₺4.8b₺1.4b36.6x36.3x11x
Sat, 02 Sep 2023₺39.9b₺4.7b₺1.5b21.6x27.5x8.4x
Mon, 31 Jul 2023₺35.6b₺4.1b₺1.2b23.1x30.7x8.8x
Wed, 28 Jun 2023₺21.9b₺3.7b₺1.1b17.1x20.1x5.9x
Price to Earnings Ratio

20.1x


Total Market Cap: ₺21.9bTotal Earnings: ₺1.1bTotal Revenue: ₺3.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Application Software Industry Price to Earnings3Y Average 30.3x202420252026
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 17.2x which is lower than its 3-year average PE of 30.3x.
  • The 3-year average PS ratio of 7.3x 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 79% per year over the last three years.
  • Revenues for these companies have grown 85% 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 Market4.37%
Tech0.97%
Software-1.66%
Application Software-1.66%
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
HTTBT Hitit Bilgisayar Hizmetleri₺41.964.1%
+₺498.0m
13.4%PE31x
MIATK MIA Teknoloji Anonim Sirketi₺46.802.0%
+₺444.6m
67.6%PS9.3x
FORTE Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi₺92.952.7%
+₺160.8m
33.5%PE2.6x
LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret₺7.460.8%
+₺53.5m
-45.4%PE14.7x
KRONT Kron Teknoloji₺20.922.4%
+₺42.8m
159.6%PE13.8x

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