Turkish (BIST) Electric Utilities Industry Analysis

UpdatedNov 11, 2025

DataAggregated Company Financials

Companies8

7D-5.1%
3M9.5%
1Y27.1%
YTD22.7%

Over the last 7 days, the Electric Utilities industry has dropped 5.1%, driven by a pullback from Enerjisa Enerji of 6.2%. Meanwhile, Çan2 Termik actually outperformed within the industry, gaining 5.7% in the last week. This takes the industry's 12 month performance to a gain of 27%. As for the next few years, earnings are expected to grow by 152% per annum.

Industry Valuation and Performance

Has the Turkish Electric Utilities Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 12 Nov 2025	₺169.0b	₺237.3b	-₺3,172,478,258.00	41.7x	-53.3x	0.7x
Fri, 10 Oct 2025	₺167.6b	₺246.7b	-₺6,811,686,109.00	40.5x	-24.6x	0.7x
Sun, 07 Sep 2025	₺161.4b	₺245.3b	-₺7,187,134,504.00	46.4x	-22.5x	0.7x
Tue, 05 Aug 2025	₺149.4b	₺256.2b	-₺9,762,940,480.00	25.1x	-15.3x	0.6x
Thu, 03 Jul 2025	₺133.0b	₺256.2b	-₺9,762,940,480.00	22.9x	-13.6x	0.5x
Sat, 31 May 2025	₺121.2b	₺255.8b	-₺9,474,397,123.00	21.7x	-12.8x	0.5x
Mon, 28 Apr 2025	₺128.7b	₺264.2b	-₺12,459,394,763.00	36.4x	-10.3x	0.5x
Wed, 26 Mar 2025	₺122.1b	₺264.2b	-₺12,459,394,763.00	36.8x	-9.8x	0.5x
Fri, 21 Feb 2025	₺129.8b	₺172.5b	-₺9,881,463,786.00	10.1x	-13.1x	0.8x
Sun, 19 Jan 2025	₺134.5b	₺172.5b	-₺9,881,463,786.00	11.2x	-13.6x	0.8x
Tue, 17 Dec 2024	₺138.3b	₺172.5b	-₺9,881,463,786.00	11.1x	-14x	0.8x
Thu, 14 Nov 2024	₺129.6b	₺176.2b	-₺10,118,167,717.00	10x	-12.8x	0.7x
Sat, 12 Oct 2024	₺121.4b	₺190.3b	₺7.4b	18.6x	16.4x	0.6x
Mon, 09 Sep 2024	₺133.7b	₺187.6b	₺12.4b	9x	10.8x	0.7x
Wed, 07 Aug 2024	₺145.5b	₺204.8b	₺15.1b	7.7x	9.6x	0.7x
Fri, 05 Jul 2024	₺151.7b	₺204.8b	₺15.1b	8.1x	10.1x	0.7x
Sun, 02 Jun 2024	₺148.0b	₺208.9b	₺17.8b	9x	8.3x	0.7x
Tue, 30 Apr 2024	₺165.6b	₺223.4b	₺17.7b	12.9x	9.3x	0.7x
Thu, 28 Mar 2024	₺146.5b	₺210.2b	₺13.9b	9.7x	10.5x	0.7x
Sat, 24 Feb 2024	₺170.1b	₺161.7b	₺35.6b	8.4x	4.8x	1.1x
Mon, 22 Jan 2024	₺140.4b	₺161.7b	₺35.6b	6.7x	3.9x	0.9x
Wed, 20 Dec 2023	₺126.2b	₺157.7b	₺35.0b	5.3x	3.6x	0.8x
Fri, 17 Nov 2023	₺139.9b	₺156.0b	₺33.7b	7.5x	4.1x	0.9x
Sun, 15 Oct 2023	₺145.9b	₺143.0b	₺22.5b	7.7x	6.5x	1x
Tue, 12 Sep 2023	₺155.5b	₺143.0b	₺22.5b	8.1x	6.9x	1.1x
Thu, 10 Aug 2023	₺114.5b	₺143.5b	₺22.5b	7.5x	5.1x	0.8x
Sat, 08 Jul 2023	₺105.3b	₺133.3b	₺21.9b	6.7x	4.8x	0.8x
Mon, 05 Jun 2023	₺82.2b	₺117.1b	₺21.0b	4.4x	3.9x	0.7x
Wed, 03 May 2023	₺69.1b	₺104.9b	₺21.0b	3.8x	3.3x	0.7x
Fri, 31 Mar 2023	₺74.7b	₺104.9b	₺21.0b	4.7x	3.6x	0.7x
Sun, 26 Feb 2023	₺91.8b	₺100.8b	₺20.7b	4.7x	4.4x	0.9x
Tue, 24 Jan 2023	₺115.9b	₺84.8b	₺8.9b	7.4x	13.1x	1.4x
Thu, 22 Dec 2022	₺125.8b	₺84.8b	₺8.9b	9.2x	14.2x	1.5x
Sat, 19 Nov 2022	₺119.1b	₺84.8b	₺8.9b	8.9x	13.5x	1.4x

Price to Earnings Ratio

13.5x

Sat, 19 Nov 2022

Current Industry PE

Investors are pessimistic on the Turkish Electric Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading close to its 3-year average PS ratio of 0.83x.

Past Earnings Growth

Total earnings for the Electric Utilities industry have declined over the last three years, with the industry now making a loss overall.
Meanwhile revenues have grown 41% 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.