Turkish (BIST) Telecom Sector Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies11
- 7D2.8%
- 3M18.3%
- 1Y122.1%
- YTD44.1%
Over the last 7 days, the Telecom industry has risen 2.8%, driven by gains from Turkcell Iletisim Hizmetleri of 3.3%. Meanwhile, Besiktas Futbol Yatirimlari Sanayi ve Ticaret actually underperformed within the industry, shrinking 34% in the last week. This takes the industry's 12 month performance to a gain of 122%. Looking forward, earnings are forecast to grow by 31% annually.
Sector Valuation and Performance
Has the Turkish Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ₺330.0b | ₺214.1b | ₺27.9b | 14x | 11.8x | 1.5x |
| Mon, 25 Mar 2024 | ₺275.5b | ₺184.5b | ₺17.0b | 14.4x | 16.2x | 1.5x |
| Wed, 21 Feb 2024 | ₺277.1b | ₺158.3b | ₺23.9b | 16.9x | 11.6x | 1.7x |
| Fri, 19 Jan 2024 | ₺258.2b | ₺158.3b | ₺23.9b | 14.3x | 10.8x | 1.6x |
| Sun, 17 Dec 2023 | ₺225.6b | ₺158.3b | ₺23.9b | 15.1x | 9.4x | 1.4x |
| Tue, 14 Nov 2023 | ₺207.3b | ₺157.8b | ₺23.9b | 14.5x | 8.7x | 1.3x |
| Thu, 12 Oct 2023 | ₺211.6b | ₺136.2b | ₺17.5b | 17.7x | 12.1x | 1.6x |
| Sat, 09 Sep 2023 | ₺237.9b | ₺136.2b | ₺17.5b | 16.7x | 13.6x | 1.7x |
| Mon, 07 Aug 2023 | ₺202.6b | ₺119.1b | ₺18.0b | 17.8x | 11.2x | 1.7x |
| Wed, 05 Jul 2023 | ₺173.4b | ₺119.1b | ₺18.0b | 18.1x | 9.6x | 1.5x |
| Fri, 02 Jun 2023 | ₺148.8b | ₺118.9b | ₺17.9b | 10.4x | 8.3x | 1.3x |
| Sun, 30 Apr 2023 | ₺148.4b | ₺106.1b | ₺15.9b | 15.7x | 9.3x | 1.4x |
| Tue, 28 Mar 2023 | ₺156.3b | ₺106.1b | ₺15.9b | 18.2x | 9.8x | 1.5x |
| Thu, 23 Feb 2023 | ₺155.3b | ₺94.1b | ₺10.9b | 15.5x | 14.2x | 1.6x |
| Sat, 21 Jan 2023 | ₺183.7b | ₺94.1b | ₺10.9b | 22.9x | 16.9x | 2x |
| Mon, 19 Dec 2022 | ₺165.9b | ₺94.1b | ₺10.9b | 19x | 15.2x | 1.8x |
| Wed, 16 Nov 2022 | ₺133.0b | ₺93.8b | ₺10.9b | 16.7x | 12.2x | 1.4x |
| Fri, 14 Oct 2022 | ₺102.5b | ₺84.4b | ₺10.8b | 11.7x | 9.5x | 1.2x |
| Sun, 11 Sep 2022 | ₺103.9b | ₺84.4b | ₺10.8b | 12.6x | 9.6x | 1.2x |
| Tue, 09 Aug 2022 | ₺81.0b | ₺77.3b | ₺9.9b | 16.3x | 8.1x | 1x |
| Thu, 07 Jul 2022 | ₺74.5b | ₺77.3b | ₺9.9b | 14.4x | 7.5x | 1x |
| Sat, 04 Jun 2022 | ₺82.8b | ₺77.3b | ₺9.9b | 14.8x | 8.3x | 1.1x |
| Mon, 02 May 2022 | ₺88.2b | ₺76.9b | ₺10.0b | 17.4x | 8.8x | 1.1x |
| Wed, 30 Mar 2022 | ₺87.4b | ₺71.3b | ₺11.0b | 21.2x | 7.9x | 1.2x |
| Fri, 25 Feb 2022 | ₺77.3b | ₺71.2b | ₺10.7b | 18.9x | 7.2x | 1.1x |
| Sun, 23 Jan 2022 | ₺81.3b | ₺66.9b | ₺10.7b | 14.8x | 7.6x | 1.2x |
| Tue, 21 Dec 2021 | ₺90.5b | ₺66.9b | ₺10.7b | 11.4x | 8.4x | 1.4x |
| Thu, 18 Nov 2021 | ₺77.3b | ₺66.9b | ₺10.7b | 10.5x | 7.2x | 1.2x |
| Sat, 16 Oct 2021 | ₺63.0b | ₺63.9b | ₺8.9b | 11.1x | 7.1x | 1x |
| Mon, 13 Sep 2021 | ₺64.5b | ₺63.9b | ₺8.9b | 12.4x | 7.2x | 1x |
| Wed, 11 Aug 2021 | ₺59.9b | ₺63.9b | ₺8.9b | 12.3x | 6.7x | 0.9x |
| Sun, 06 Jun 2021 | ₺61.9b | ₺60.9b | ₺8.3b | 21.1x | 7.4x | 1x |
Price to Earnings Ratio
6.9x
Current Industry PE
- Investors are optimistic on the Turkish Communication Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.8x which is higher than its 3-year average PE of 9.7x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 50% per year over the last three years.
- Revenues for these companies have grown 52% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Turkish Telecom sector?
| TR Market | 3.05% | |
| Telecom | 2.83% | |
| Interactive Media and Services | 8.03% | |
| Wireless Telecom | 3.33% | |
| Telecom Services and Carriers | 2.71% | |
| Entertainment | 0% | |
| Media | -3.46% | |
Industry PE
- Investors are most optimistic about the Media industry even though it's trading below its 3-year average PE ratio of 138x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Telecom Services and Carriers industry, which is trading below its 3-year average of 12.8x.
Forecasted Growth
- Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 44% over the next 5 years.
- However this is lower than its past earnings growth rate of 75% per year.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TCELL Turkcell Iletisim Hizmetleri | ₺79.10 | 3.3% +₺5.6b | 139.0% | PE16.3x | |
| TTKOM Türk Telekomünikasyon Anonim Sirketi | ₺40.22 | 2.7% +₺3.7b | 147.2% | PE8.6x | |
| TSPOR Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi Ticaret | ₺2.15 | 23.6% +₺1.0b | -36.8% | PS4.2x | |
| MACKO Mackolik Internet Hizmetleri Ticaret | ₺91.45 | 8.0% +₺170.0m | 72.4% | PE15x | |
| GSRAY Galatasaray Sportif Sinai ve Ticari Yatirimlar | ₺9.55 | 1.2% +₺118.8m | 6.1% | PE57.1x |