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Turkish (BIST) Utilities Sector Analysis

UpdatedMar 08, 2026
DataAggregated Company Financials
Companies35
  • 7D-2.7%
  • 3M7.0%
  • 1Y54.2%
  • YTD6.6%

Over the last 7 days, the Utilities industry has dropped 2.7%, driven by a pullback from Margün Enerji Üretim Sanayi ve Ticaret of 6.5%. On the other hand Lydia Yesil Enerji Kaynaklari is actually up 17%. In the past year, the industry has gained 54%. In the next few years, earnings are forecast to decline by 1.4% annually.

Sector Valuation and Performance

Has the Turkish Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Mar 2026₺879.5b₺625.7b-₺13,278,083,099.0019.8x-66.2x1.4x
Tue, 03 Feb 2026₺880.4b₺531.9b-₺31,255,714,745.0018.6x-28.2x1.7x
Thu, 01 Jan 2026₺809.6b₺532.5b-₺30,769,264,866.0017.9x-26.3x1.5x
Sat, 29 Nov 2025₺773.1b₺533.1b-₺30,722,767,515.0021.2x-25.2x1.5x
Mon, 27 Oct 2025₺726.7b₺552.5b-₺38,022,803,171.0032x-19.1x1.3x
Wed, 24 Sep 2025₺744.7b₺552.9b-₺37,787,008,275.0034.4x-19.7x1.3x
Fri, 22 Aug 2025₺752.6b₺556.1b-₺33,485,940,082.0020.8x-22.5x1.4x
Sun, 20 Jul 2025₺630.4b₺557.3b-₺31,045,947,963.0017.7x-20.3x1.1x
Tue, 17 Jun 2025₺566.0b₺557.3b-₺31,045,947,963.0016.4x-18.2x1x
Thu, 15 May 2025₺545.9b₺567.2b-₺20,913,633,242.0014.9x-26.1x1x
Sat, 12 Apr 2025₺533.6b₺566.5b-₺20,269,005,087.0013.9x-26.3x0.9x
Mon, 10 Mar 2025₺539.9b₺510.2b₺16.7b13.3x32.3x1.1x
Wed, 05 Feb 2025₺510.6b₺359.9b₺35.9b8.3x14.2x1.4x
Fri, 03 Jan 2025₺542.2b₺359.8b₺35.3b9.9x15.3x1.5x
Sun, 01 Dec 2024₺517.4b₺359.8b₺35.3b8.7x14.6x1.4x
Tue, 29 Oct 2024₺493.7b₺411.0b₺51.2b9.4x9.6x1.2x
Thu, 26 Sep 2024₺493.7b₺414.2b₺55.6b9.6x8.9x1.2x
Sat, 24 Aug 2024₺503.0b₺427.4b₺56.3b8.7x8.9x1.2x
Mon, 22 Jul 2024₺559.7b₺426.1b₺56.3b8.4x9.9x1.3x
Wed, 19 Jun 2024₺556.2b₺434.0b₺58.9b10.5x9.4x1.3x
Fri, 17 May 2024₺595.2b₺477.8b₺62.8b12.5x9.5x1.2x
Sun, 14 Apr 2024₺547.7b₺451.2b₺49.6b16.4x11x1.2x
Tue, 12 Mar 2024₺508.1b₺384.4b₺50.6b15.7x10x1.3x
Thu, 08 Feb 2024₺467.3b₺367.0b₺50.4b15.9x9.3x1.3x
Sat, 06 Jan 2024₺369.9b₺363.0b₺49.8b12x7.4x1x
Mon, 04 Dec 2023₺411.2b₺363.0b₺49.8b14x8.3x1.1x
Wed, 01 Nov 2023₺411.7b₺355.4b₺36.6b14x11.2x1.2x
Fri, 29 Sep 2023₺480.4b₺351.1b₺36.1b16.2x13.3x1.4x
Sun, 27 Aug 2023₺420.5b₺335.1b₺35.8b13.6x11.7x1.3x
Tue, 25 Jul 2023₺363.2b₺328.6b₺38.3b13x9.5x1.1x
Thu, 22 Jun 2023₺257.6b₺328.6b₺38.5b9.6x6.7x0.8x
Sat, 20 May 2023₺221.8b₺297.3b₺37.0b7.3x6x0.7x
Mon, 17 Apr 2023₺256.9b₺265.3b₺34.5b9.7x7.5x1x
Wed, 15 Mar 2023₺266.1b₺258.8b₺33.4b10.3x8x1x
Price to Earnings Ratio

8x


Total Market Cap: ₺266.1bTotal Earnings: ₺33.4bTotal Revenue: ₺258.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Utilities Sector Price to Earnings3Y Average -0.9x202420252026
Current Industry PE
  • Investors are optimistic on the Turkish Utilities industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • Total earnings for the Utilities industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 34% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Turkish Utilities sector?

TR Market-5.44%
Utilities-2.71%
Renewable Energy-2.01%
Electric Utilities-3.29%
Gas Utilities-3.53%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry which is trading above its 3-year average PE ratio of 13.1x.
    • Analysts are expecting annual earnings decline of 1.4%, which is less than its past year's earnings decline of 8.0%.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Gas Utilities industry since they expect its earnings to decline by only 1.4% per year over the next 5 years, which isn't as bad as the other industries.
  • This is an improvement from its past earnings decline of 8.0% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LYDYE Lydia Yesil Enerji Kaynaklari₺16.35k16.8%
+₺4.4b
31.9%PE15x
AYGAZ Aygaz₺253.503.1%
+₺1.7b
57.3%PE11.2x
AKFYE Akfen Yenilenebilir Enerji₺19.096.9%
+₺1.5b
5.8%PS5.1x
AKSEN Aksa Enerji Üretim₺68.051.3%
+₺1.1b
89.9%PE62x
AYDEM Aydem Yenilenebilir Enerji₺26.846.0%
+₺1.1b
28.9%PS1.5x

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