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Turkish (BIST) Utilities Sector Analysis

UpdatedDec 03, 2023
DataAggregated Company Financials
Companies27
  • 7D-3.7%
  • 3M-12.8%
  • 1Y-11.9%
  • YTD-1.7%

Over the last 7 days, the Utilities industry has dropped 3.7%, driven by a pullback from Margün Enerji Üretim Sanayi ve Ticaret of 25%. In contrast, Biotrend Cevre ve Enerji Yatirimlari has gained 13%. However, the industry is down 12% over the past year. In the next few years, earnings are forecast to decline by 43% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Dec 2023₺411.2b₺363.0b₺49.8b14x8.3x1.1x
Tue, 31 Oct 2023₺427.2b₺355.7b₺36.9b13.7x11.6x1.2x
Thu, 28 Sep 2023₺481.2b₺351.1b₺36.1b15.6x13.3x1.4x
Sat, 26 Aug 2023₺420.5b₺335.1b₺35.8b13.6x11.7x1.3x
Mon, 24 Jul 2023₺343.8b₺328.6b₺38.3b11.9x9x1x
Wed, 21 Jun 2023₺257.9b₺312.4b₺37.6b8.6x6.9x0.8x
Fri, 19 May 2023₺221.8b₺297.3b₺37.0b7.3x6x0.7x
Sun, 16 Apr 2023₺256.9b₺265.3b₺34.5b9.7x7.5x1x
Tue, 14 Mar 2023₺270.6b₺258.8b₺33.3b11.1x8.1x1x
Thu, 09 Feb 2023₺220.2b₺204.2b₺21.5b9.3x10.3x1.1x
Sat, 07 Jan 2023₺315.2b₺202.0b₺20.9b12.7x15.1x1.6x
Mon, 05 Dec 2022₺329.3b₺201.6b₺20.8b15.4x15.8x1.6x
Wed, 02 Nov 2022₺259.1b₺155.3b₺14.7b11.9x17.6x1.7x
Fri, 30 Sep 2022₺199.2b₺155.3b₺14.7b9.3x13.5x1.3x
Sun, 28 Aug 2022₺180.0b₺155.1b₺14.3b8.8x12.6x1.2x
Tue, 26 Jul 2022₺148.8b₺121.0b₺7.5b13.4x19.8x1.2x
Thu, 23 Jun 2022₺136.5b₺121.0b₺7.5b12.5x18.1x1.1x
Sat, 21 May 2022₺118.6b₺120.8b₺8.6b10.4x13.9x1x
Mon, 18 Apr 2022₺118.7b₺91.2b₺6.4b14.5x18.6x1.3x
Wed, 16 Mar 2022₺94.5b₺90.4b₺5.4b12.2x17.4x1x
Fri, 11 Feb 2022₺95.1b₺70.3b₺5.1b15.1x18.5x1.4x
Sun, 09 Jan 2022₺83.3b₺70.1b₺5.5b14.8x15.2x1.2x
Tue, 07 Dec 2021₺81.5b₺70.1b₺5.4b16.1x15.1x1.2x
Thu, 04 Nov 2021₺79.0b₺53.3b₺4.2b21.2x18.8x1.5x
Sat, 02 Oct 2021₺74.1b₺53.1b₺4.0b15.4x18.3x1.4x
Mon, 30 Aug 2021₺67.7b₺53.1b₺4.0b14.6x16.7x1.3x
Tue, 06 Jul 2021₺50.6b₺53.0b₺4.0b11.6x12.6x1x
Fri, 09 Apr 2021₺39.4b₺51.1b₺2.9b10.8x13.5x0.8x
Thu, 31 Dec 2020₺36.9b₺49.6b₺1.4b14.9x26.1x0.7x
Price to Earnings Ratio

17.9x


Total Market Cap: ₺27.9bTotal Earnings: ₺1.6bTotal Revenue: ₺40.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Utilities Sector Price to Earnings3Y Average 15.2x202120222023
Current Industry PE
  • Investors are pessimistic on the Turkish Utilities 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 8.3x which is lower than its 3-year average PE of 15.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 217% per year over the last three years.
  • Revenues for these companies have grown 108% 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 Utilities sector?

TR Market-1.39%
Utilities-3.71%
Gas Utilities1.28%
Other Utilities0%
Water Utilities0%
Electric Utilities-3.87%
Renewable Energy-6.01%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 19.1x.
    • Analysts are expecting annual earnings growth of 45.3%, which is higher than its past year's earnings growth of 12.5% per year.
  • Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 13.2x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Electric Utilities industry is expected to see its earnings decline by 78% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BIOEN Biotrend Cevre ve Enerji Yatirimlari₺20.6612.9%
+₺1.2b
11.0%PE17.8x
AYDEM Aydem Yenilenebilir Enerji₺21.467.9%
+₺1.1b
-5.0%PS3.4x
ENERY Enerya Enerji Anonim Sirketi₺144.804.1%
+₺826.5m
n/aPE112.7x
AYGAZ Aygaz₺134.802.8%
+₺813.3m
62.8%PE5.2x
ZOREN Zorlu Enerji Elektrik Üretim₺5.051.4%
+₺350.0m
-33.0%PE11.7x
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Latest News

ESEN

₺20.20

Esenboga Elektrik Üretim

7D

-18.7%

1Y

-3.1%

BIOEN

₺20.66

Biotrend Cevre ve Enerji Yatirimlari

7D

12.9%

1Y

11.0%

MAGEN

₺14.98

Margün Enerji Üretim Sanayi ve Ticaret

7D

-25.0%

1Y

17.5%

NATEN

₺50.70

Naturel Yenilenebilir Enerji Ticaret Anonim Sirketi

7D

-31.9%

1Y

27.3%

AYGAZ

₺134.80

Aygaz

7D

2.8%

1Y

62.8%

AKFYE

₺17.89

Akfen Yenilenebilir Enerji

7D

-9.0%

1Y

n/a

CONSE

₺6.37

Consus Enerji Isletmeciligi ve Hizmetleri

7D

1.3%

1Y

-44.2%

ZOREN

₺5.05

Zorlu Enerji Elektrik Üretim

7D

1.4%

1Y

-33.0%

AYDEM

₺21.46

Aydem Yenilenebilir Enerji

7D

7.9%

1Y

-5.0%

ENJSA

₺47.66

Enerjisa Enerji

7D

-3.9%

1Y

61.2%

TATEN

₺36.86

Tatlipinar Enerji Uretim

7D

-6.0%

1Y

n/a

ENERY

₺144.80

Enerya Enerji Anonim Sirketi

7D

4.1%

1Y

n/a

ODAS

₺10.81

Odas Elektrik Üretim Sanayi Ticaret

7D

-7.6%

1Y

-3.4%

AKSUE

₺25.46

Aksu Enerji ve Ticaret Anonim Sirketi

7D

1.8%

1Y

-40.3%