Turkish (BIST) Renewable Energy Industry Analysis
UpdatedMar 25, 2023
DataAggregated Company Financials
Companies15
- 7D1.1%
- 3M-26.4%
- 1Y160.4%
- YTD-18.1%
In the last week, the Renewable Energy industry is up 1.1%, with Akfen Yenilenebilir Enerji up 61%. Meanwhile, Pamukova Yenilenebilir Elektrik Uretim actually underperformed within the industry, shrinking 26% in the last week. This means that the industry has gained 160% over the past year. As for the next few years, earnings are expected to grow by 55% per annum.
Industry Valuation and Performance
Has the Turkish Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 26 Mar 2023 | ₺145.1b | ₺102.8b | ₺7.6b | 24.2x | 19x | 1.4x |
| Tue, 21 Feb 2023 | ₺122.6b | ₺72.3b | ₺8.8b | 15.7x | 14x | 1.7x |
| Thu, 19 Jan 2023 | ₺146.6b | ₺72.3b | ₺8.8b | 17.2x | 16.7x | 2x |
| Sat, 17 Dec 2022 | ₺166.6b | ₺71.9b | ₺8.6b | 19.3x | 19.3x | 2.3x |
| Mon, 14 Nov 2022 | ₺142.5b | ₺71.4b | ₺8.6b | 13.8x | 16.5x | 2x |
| Wed, 12 Oct 2022 | ₺110.8b | ₺53.8b | ₺6.9b | 11.8x | 16x | 2.1x |
| Fri, 09 Sep 2022 | ₺85.3b | ₺53.7b | ₺6.8b | 9.5x | 12.5x | 1.6x |
| Sun, 07 Aug 2022 | ₺83.5b | ₺43.8b | ₺2.4b | 14x | 34.2x | 1.9x |
| Tue, 05 Jul 2022 | ₺69.4b | ₺43.8b | ₺2.4b | 12.3x | 28.4x | 1.6x |
| Thu, 02 Jun 2022 | ₺64.6b | ₺43.7b | ₺3.0b | 11.1x | 21.8x | 1.5x |
| Sat, 30 Apr 2022 | ₺57.4b | ₺33.6b | ₺2.1b | 11.4x | 26.8x | 1.7x |
| Mon, 28 Mar 2022 | ₺47.3b | ₺33.1b | ₺1.5b | 11.6x | 30.6x | 1.4x |
| Wed, 23 Feb 2022 | ₺45.3b | ₺23.2b | ₺2.6b | 22.1x | 17.1x | 2x |
| Fri, 21 Jan 2022 | ₺43.0b | ₺22.7b | ₺2.6b | 19.1x | 16.7x | 1.9x |
| Sun, 19 Dec 2021 | ₺37.9b | ₺22.7b | ₺2.6b | 17.5x | 14.7x | 1.7x |
| Tue, 16 Nov 2021 | ₺33.6b | ₺22.6b | ₺2.4b | 18.1x | 13.8x | 1.5x |
| Thu, 14 Oct 2021 | ₺28.1b | ₺10.8b | ₺1.9b | 18.1x | 15.1x | 2.6x |
| Sat, 11 Sep 2021 | ₺26.3b | ₺10.8b | ₺1.9b | 16.6x | 14.1x | 2.4x |
| Mon, 09 Aug 2021 | ₺25.2b | ₺10.8b | ₺1.9b | 16.9x | 13.5x | 2.3x |
| Sun, 02 May 2021 | ₺27.0b | ₺18.5b | ₺1.6b | 15x | 17.1x | 1.5x |
| Wed, 03 Feb 2021 | ₺15.6b | ₺16.1b | ₺628.3m | 24.1x | 24.8x | 1x |
| Sat, 07 Nov 2020 | ₺6.4b | ₺7.3b | ₺673.3m | 13.2x | 9.5x | 0.9x |
| Fri, 31 Jul 2020 | ₺9.3b | ₺15.4b | ₺402.6m | 10.2x | 23.1x | 0.6x |
| Mon, 04 May 2020 | ₺6.4b | ₺16.9b | -₺574,178,890.00 | 7.8x | -11.1x | 0.4x |
Price to Earnings Ratio
-9.4x
Current Industry PE
- Investors are optimistic on the Turkish Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.0x which is higher than its 3-year average PE of 15.7x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- Total earnings for the Renewable Energy industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 83% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Turkish Utilities industry?
| TR Market | -1.49% | |
| Utilities | -1.32% | |
| Renewable Energy | 1.13% | |
| Renewable Energy | 2.48% | |
| Independent Power Producers and Energy Traders | -1.05% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 15.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading below its 3-year average of 25.5x.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 55% over the next 5 years.
- However this is lower than its past earnings growth rate of 172% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 55% 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 | |
|---|---|---|---|---|---|
| AKFYE Akfen Yenilenebilir Enerji | ₺19.06 | 60.8% +₺7.3b | n/a | n/a | |
| AKSEN Aksa Enerji Üretim | ₺32.08 | 0.8% +₺294.3m | 134.2% | PE8.6x | |
| GWIND Galata Wind Enerji | ₺17.77 | 1.1% +₺107.0m | 175.9% | PE9x |