Turkish (BIST) Utilities Sector Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies21
- 7D-1.1%
- 3M81.5%
- 1Y269.9%
- YTD271.2%
Over the last 7 days, the Utilities industry has dropped 1.1%, driven by Aksa Enerji Üretim declining 5.7%. On the other hand Enerjisa Enerji is actually up 7.9%. Over the past 12 months, the industry was up 270%. Earnings are forecast to grow by 14% annually.
Sector Valuation and Performance
Has the Turkish Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | ₺329.3b | ₺201.6b | ₺20.8b | 15.4x | 15.8x | 1.6x |
| Tue, 01 Nov 2022 | ₺250.5b | ₺155.3b | ₺14.7b | 11.5x | 17x | 1.6x |
| Thu, 29 Sep 2022 | ₺203.6b | ₺155.3b | ₺14.7b | 9.6x | 13.8x | 1.3x |
| Sat, 27 Aug 2022 | ₺180.0b | ₺155.1b | ₺14.3b | 8.8x | 12.6x | 1.2x |
| Mon, 25 Jul 2022 | ₺146.4b | ₺121.0b | ₺7.5b | 13.2x | 19.5x | 1.2x |
| Wed, 22 Jun 2022 | ₺135.9b | ₺121.0b | ₺7.5b | 12.2x | 18.1x | 1.1x |
| Fri, 20 May 2022 | ₺118.3b | ₺120.2b | ₺8.3b | 10.4x | 14.3x | 1x |
| Sun, 17 Apr 2022 | ₺118.7b | ₺90.5b | ₺5.8b | 13.9x | 20.4x | 1.3x |
| Tue, 15 Mar 2022 | ₺95.0b | ₺90.4b | ₺5.4b | 12.2x | 17.4x | 1.1x |
| Thu, 10 Feb 2022 | ₺94.7b | ₺70.3b | ₺5.1b | 15.1x | 18.5x | 1.3x |
| Sat, 08 Jan 2022 | ₺83.3b | ₺70.1b | ₺5.5b | 14.8x | 15.2x | 1.2x |
| Mon, 06 Dec 2021 | ₺79.5b | ₺70.1b | ₺5.4b | 15.6x | 14.7x | 1.1x |
| Wed, 03 Nov 2021 | ₺81.8b | ₺53.1b | ₺4.1b | 19.9x | 20.2x | 1.5x |
| Fri, 01 Oct 2021 | ₺71.0b | ₺53.1b | ₺4.0b | 15.2x | 17.6x | 1.3x |
| Sun, 29 Aug 2021 | ₺67.7b | ₺53.1b | ₺4.0b | 14.6x | 16.7x | 1.3x |
| Mon, 05 Jul 2021 | ₺50.6b | ₺53.0b | ₺4.0b | 11.6x | 12.6x | 1x |
| Thu, 08 Apr 2021 | ₺39.4b | ₺51.1b | ₺2.9b | 10.8x | 13.5x | 0.8x |
| Sun, 10 Jan 2021 | ₺36.9b | ₺49.6b | ₺1.4b | 14.9x | 26.1x | 0.7x |
| Sat, 03 Oct 2020 | ₺23.7b | ₺40.2b | ₺1.5b | 10.3x | 16.2x | 0.6x |
| Tue, 07 Jul 2020 | ₺25.8b | ₺47.3b | ₺1.3b | 9x | 19.5x | 0.5x |
| Fri, 10 Apr 2020 | ₺17.8b | ₺49.2b | ₺288.0m | 15x | 61.9x | 0.4x |
| Thu, 02 Jan 2020 | ₺21.7b | ₺46.8b | ₺614.3m | 18.9x | 35.3x | 0.5x |
Price to Earnings Ratio
35.3x
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 15.8x which is lower than its 3-year average PE of 23.9x.
- The 3-year average PS ratio of 0.92x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 159% per year over the last three years.
- Revenues for these companies have grown 66% 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 | 3.33% | |
| Utilities | -1.06% | |
| Gas Utilities | 3.91% | |
| Electric Utilities | 2.62% | |
| Other Utilities | 0% | |
| Water Utilities | 0% | |
| Renewable Energy | -4.59% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 13.2x.
- Analysts are expecting annual earnings growth of 192.1%, which is higher than its past year's earnings growth of 24.7% per year.
- Investors are most pessimistic about the Gas Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 192% over the next 5 years.
- This is better than its past earnings growth rate of 25% per year.
- In contrast, the Gas 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ENJSA Enerjisa Enerji | ₺29.56 | 7.9% +₺2.6b | 113.0% | PE11.1x | |
| PRKME Park Elektrik Üretim Madencilik Sanayi ve Ticaret | ₺22.44 | 43.7% +₺1.0b | 240.5% | PE6.5x | |
| MAGEN Margün Enerji Üretim Sanayi ve Ticaret | ₺36.70 | 7.0% +₺984.0m | 273.3% | PE19.9x | |
| BASGZ Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi | ₺22.88 | 5.1% +₺770.0m | 78.8% | PE48.5x | |
| PAMEL Pamel Yenilenebilir Elektrik Uretim | ₺215.30 | 12.0% +₺715.2m | 205.0% | PE236.2x |