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Turkish (BIST) Renewable Energy Industry Analysis

UpdatedAug 20, 2026
DataAggregated Company Financials
Companies27
  • 7D6.4%
  • 3M5.1%
  • 1Y44.3%
  • YTD25.5%

The Renewable Energy industry is up 6.4% in the last week, with Margün Enerji Üretim Sanayi ve Ticaret up 11%. Meanwhile, ARF Bio Yenilenebilir Enerji Üretim actually underperformed within the industry, shrinking 11% in the last week. This means that the industry has gained 44% over the past year. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Turkish Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Aug 2026₺605.1b₺152.7b-₺13,089,047,053.0024.7x-46.2x4x
Sat, 18 Jul 2026₺559.8b₺155.6b-₺26,122,077,609.0026x-21.4x3.6x
Mon, 15 Jun 2026₺477.0b₺155.7b-₺26,643,562,387.0026.5x-17.9x3.1x
Wed, 13 May 2026₺591.8b₺163.6b-₺31,309,082,320.0024.8x-18.9x3.6x
Fri, 10 Apr 2026₺538.4b₺163.4b-₺31,037,800,991.0022.2x-17.3x3.3x
Sun, 08 Mar 2026₺443.6b₺130.9b-₺26,340,408,652.0019.8x-16.8x3.4x
Tue, 03 Feb 2026₺438.5b₺126.0b-₺40,345,647,862.0018.6x-10.9x3.5x
Thu, 01 Jan 2026₺406.7b₺126.6b-₺39,859,197,983.0017.9x-10.2x3.2x
Sat, 29 Nov 2025₺370.9b₺126.6b-₺39,890,635,146.0019.9x-9.3x2.9x
Mon, 27 Oct 2025₺328.0b₺125.9b-₺40,253,381,798.0032x-8.1x2.6x
Wed, 24 Sep 2025₺328.2b₺126.3b-₺40,017,586,902.0029.8x-8.2x2.6x
Fri, 22 Aug 2025₺336.2b₺127.3b-₺33,050,263,079.0018x-10.2x2.6x
Sun, 20 Jul 2025₺290.1b₺126.1b-₺30,267,808,118.0016.2x-9.6x2.3x
Tue, 17 Jun 2025₺264.2b₺126.1b-₺30,267,808,118.0014.9x-8.7x2.1x
Thu, 15 May 2025₺266.5b₺131.6b-₺17,656,945,987.0015x-15.1x2x
Sat, 12 Apr 2025₺258.1b₺130.1b-₺16,900,974,792.0012.5x-15.3x2x
Mon, 10 Mar 2025₺264.9b₺107.7b₺17.2b12.6x15.4x2.5x
Wed, 05 Feb 2025₺246.8b₺81.4b₺25.7b8.4x9.6x3x
Fri, 03 Jan 2025₺255.0b₺81.3b₺25.2b12.6x10.1x3.1x
Sun, 01 Dec 2024₺231.1b₺81.3b₺25.2b8.9x9.2x2.8x
Tue, 29 Oct 2024₺230.0b₺95.1b₺26.1b9.7x8.8x2.4x
Thu, 26 Sep 2024₺243.8b₺96.9b₺25.7b11x9.5x2.5x
Sat, 24 Aug 2024₺254.1b₺107.1b₺24.9b10.8x10.2x2.4x
Mon, 22 Jul 2024₺283.3b₺105.9b₺24.3b12.3x11.7x2.7x
Wed, 19 Jun 2024₺283.4b₺111.4b₺28.2b11.9x10.1x2.5x
Fri, 17 May 2024₺297.7b₺119.2b₺29.0b20.1x10.3x2.5x
Sun, 14 Apr 2024₺279.7b₺113.8b₺23.8b27.8x11.8x2.5x
Tue, 12 Mar 2024₺243.4b₺103.4b₺6.0b23.1x40.4x2.4x
Thu, 08 Feb 2024₺203.2b₺103.4b₺6.0b24.6x33.7x2x
Sat, 06 Jan 2024₺157.7b₺103.4b₺6.0b20.5x26.2x1.5x
Mon, 04 Dec 2023₺183.3b₺103.4b₺6.0b23.8x30.4x1.8x
Wed, 01 Nov 2023₺184.9b₺111.1b₺7.5b19.2x24.5x1.7x
Fri, 29 Sep 2023₺216.5b₺110.4b₺7.3b26x29.5x2x
Sun, 27 Aug 2023₺188.5b₺110.2b₺7.3b20.6x25.8x1.7x
Price to Earnings Ratio

25.8x


Total Market Cap: ₺188.5bTotal Earnings: ₺7.3bTotal Revenue: ₺110.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Renewable Energy Industry Price to Earnings3Y Average 2.7x202420252026
Current Industry PE
  • Investors are optimistic on the Turkish Renewable Energy industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • Total earnings for the Renewable Energy industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 11% 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 industry?

TR Market1.14%
Utilities5.68%
Renewable Energy6.40%
Renewable Energy7.48%
Independent Power Producers and Energy Traders3.38%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 46% over the next 5 years.
    • This is better than its past earnings decline of 3.0% per year.
    • In contrast, the Renewable Energy industry is expected to see its earnings grow by 29% 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
    MAGEN Margün Enerji Üretim Sanayi ve Ticaret₺35.6611.3%
    +₺10.7b
    73.4%PS72.1x
    BIGEN Birlesim Grup Enerji Yatirimlari₺140.0011.7%
    +₺8.5b
    1,125.9%PS66.6x
    AKSEN Aksa Enerji Üretim₺85.604.0%
    +₺4.0b
    100.8%PE32.1x
    METEN Metgun Enerji Yatirimlari Anonim Sirketi₺26.2625.8%
    +₺3.4b
    n/aPE51.4x
    AYDEM Aydem Yenilenebilir Enerji₺27.0015.4%
    +₺2.5b
    34.3%PE9.9x

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