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Turkish (BIST) Renewable Energy Industry Analysis

UpdatedNov 04, 2025
DataAggregated Company Financials
Companies21
  • 7D5.8%
  • 3M12.3%
  • 1Y52.7%
  • YTD30.8%

Margün Enerji Üretim Sanayi ve Ticaret is up 12%, leading the way for the Renewable Energy industry, which has gained 5.8%. Meanwhile, Esenboga Elektrik Üretim actually underperformed within the industry, shrinking 34% in the last week. This means that the industry has gained 53% over the past year. Earnings are forecast to grow by 42% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Nov 2025₺351.0b₺125.9b-₺40,253,381,798.0034x-8.7x2.8x
Fri, 03 Oct 2025₺320.4b₺125.9b-₺40,253,381,798.0032.9x-8x2.5x
Sun, 31 Aug 2025₺323.2b₺127.3b-₺39,412,382,252.0035.8x-8.2x2.5x
Tue, 29 Jul 2025₺305.7b₺126.1b-₺30,267,808,118.0018x-10.1x2.4x
Thu, 26 Jun 2025₺262.7b₺126.1b-₺30,267,808,118.0015.3x-8.7x2.1x
Sat, 24 May 2025₺268.1b₺126.4b-₺28,675,936,897.0012.8x-9.3x2.1x
Mon, 21 Apr 2025₺255.6b₺130.1b-₺16,900,974,792.0012.9x-15.1x2x
Wed, 19 Mar 2025₺270.4b₺129.9b-₺16,058,897,938.0014.9x-16.8x2.1x
Fri, 14 Feb 2025₺254.1b₺81.4b₺25.7b8.4x9.9x3.1x
Sun, 12 Jan 2025₺260.8b₺81.3b₺25.2b13.2x10.4x3.2x
Tue, 10 Dec 2024₺241.7b₺81.3b₺25.2b9.2x9.6x3x
Thu, 07 Nov 2024₺224.2b₺94.9b₺26.1b10.5x8.6x2.4x
Sat, 05 Oct 2024₺227.7b₺95.6b₺22.7b11x10x2.4x
Mon, 02 Sep 2024₺253.4b₺103.0b₺24.3b11.2x10.4x2.5x
Wed, 31 Jul 2024₺277.1b₺105.9b₺24.3b13.1x11.4x2.6x
Fri, 28 Jun 2024₺295.1b₺112.0b₺29.2b14.4x10.1x2.6x
Sun, 26 May 2024₺296.0b₺119.7b₺29.5b17.2x10x2.5x
Tue, 23 Apr 2024₺291.4b₺115.4b₺23.7b24.8x12.3x2.5x
Thu, 21 Mar 2024₺256.1b₺119.8b₺16.6b23.2x15.4x2.1x
Sat, 17 Feb 2024₺211.6b₺103.4b₺6.0b24.6x35.1x2x
Mon, 15 Jan 2024₺164.1b₺103.4b₺6.0b19.9x27.2x1.6x
Wed, 13 Dec 2023₺170.5b₺103.4b₺6.0b22.5x28.3x1.6x
Fri, 10 Nov 2023₺197.4b₺102.6b₺5.8b26.9x33.9x1.9x
Sun, 08 Oct 2023₺231.0b₺110.4b₺7.3b24.9x31.5x2.1x
Tue, 05 Sep 2023₺207.2b₺110.2b₺7.3b22.3x28.3x1.9x
Thu, 03 Aug 2023₺178.0b₺114.7b₺10.3b20.5x17.3x1.6x
Sat, 01 Jul 2023₺140.4b₺114.7b₺9.9b16.3x14.1x1.2x
Mon, 29 May 2023₺117.8b₺114.6b₺10.2b12.9x11.5x1x
Wed, 26 Apr 2023₺132.3b₺105.3b₺8.8b16.7x15x1.3x
Fri, 24 Mar 2023₺143.0b₺102.8b₺7.6b24.2x18.7x1.4x
Sun, 19 Feb 2023₺122.1b₺72.3b₺8.8b15.8x13.9x1.7x
Tue, 17 Jan 2023₺144.3b₺72.3b₺8.8b16x16.4x2x
Thu, 15 Dec 2022₺164.5b₺71.9b₺8.6b20.6x19.1x2.3x
Sat, 12 Nov 2022₺142.5b₺71.4b₺8.6b13.8x16.5x2x
Price to Earnings Ratio

16.5x


Total Market Cap: ₺142.5bTotal Earnings: ₺8.6bTotal Revenue: ₺71.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Renewable Energy Industry Price to Earnings3Y Average 11x202320242025
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 2.1x is lower than the industry's current PS ratio of 2.8x.
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 21% 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 Market1.90%
Utilities3.87%
Renewable Energy5.76%
Independent Power Producers and Energy Traders11.95%
Renewable Energy3.71%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 42% over the next 5 years.
    • This is better than its past earnings decline of 57% per year.
    • In contrast, the Renewable Energy industry is expected to see its earnings grow by 42% 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
    AKSEN Aksa Enerji Üretim₺57.5018.6%
    +₺11.1b
    77.8%PE53.3x
    ENTRA IC Enterra Yenilenebilir Enerji₺11.459.6%
    +₺1.8b
    49.7%PS6.9x
    ZOREN Zorlu Enerji Elektrik Üretim₺3.6110.7%
    +₺1.8b
    -10.9%PS0.6x
    AKENR Akenerji Elektrik Üretim₺11.7015.0%
    +₺1.1b
    5.2%PS0.4x
    MOGAN Mogan Enerji Yatirim Holding Anonim Sirketi₺9.674.0%
    +₺902.8m
    -2.8%PS2.2x

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