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Turkish (BIST) Renewable Energy Industry Analysis

UpdatedFeb 29, 2024
DataAggregated Company Financials
Companies16
  • 7D-0.01%
  • 3M12.6%
  • 1Y14.3%
  • YTD34.3%

Over the last 7 days, the Renewable Energy industry has remained flat, although notably Margün Enerji Üretim Sanayi ve Ticaret gained 8.4%. The past year has been better, since the industry has gained 14% in that time. As for the next few years, earnings are forecast to decline by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Feb 2024₺209.5b₺103.4b₺6.0b24.7x34.8x2x
Sat, 27 Jan 2024₺180.2b₺103.4b₺6.0b20.9x29.9x1.7x
Mon, 25 Dec 2023₺151.6b₺103.4b₺6.0b18.9x25.2x1.5x
Wed, 22 Nov 2023₺200.3b₺103.4b₺6.0b28.8x33.3x1.9x
Fri, 20 Oct 2023₺193.2b₺110.4b₺7.3b25.1x26.3x1.8x
Sun, 17 Sep 2023₺199.1b₺110.4b₺7.3b23.1x27.1x1.8x
Tue, 15 Aug 2023₺183.0b₺115.5b₺10.7b23.6x17.1x1.6x
Thu, 13 Jul 2023₺154.0b₺114.7b₺9.9b16.2x15.5x1.3x
Sat, 10 Jun 2023₺137.1b₺114.6b₺10.2b15.7x13.4x1.2x
Mon, 08 May 2023₺112.7b₺105.4b₺9.2b13.5x12.2x1.1x
Wed, 05 Apr 2023₺131.3b₺105.3b₺8.3b22.5x15.7x1.2x
Fri, 03 Mar 2023₺133.7b₺78.7b₺8.7b15.3x15.3x1.7x
Sun, 29 Jan 2023₺131.7b₺72.3b₺8.8b14.9x15x1.8x
Tue, 27 Dec 2022₺167.0b₺71.9b₺8.6b20.4x19.4x2.3x
Thu, 24 Nov 2022₺170.6b₺71.9b₺8.6b19.3x19.8x2.4x
Sat, 22 Oct 2022₺125.1b₺53.8b₺6.9b14.6x18x2.3x
Mon, 19 Sep 2022₺89.6b₺53.8b₺6.9b9.9x12.9x1.7x
Wed, 17 Aug 2022₺83.5b₺42.5b₺5.0b14.5x16.6x2x
Fri, 15 Jul 2022₺74.9b₺43.8b₺2.4b13.7x30.7x1.7x
Sun, 12 Jun 2022₺66.3b₺43.7b₺3.0b11.1x22.4x1.5x
Tue, 10 May 2022₺58.3b₺37.2b₺2.2b12x25.9x1.6x
Thu, 07 Apr 2022₺50.4b₺33.3b₺1.9b10.8x26.3x1.5x
Sat, 05 Mar 2022₺42.9b₺27.4b₺4.4b10.1x9.8x1.6x
Mon, 31 Jan 2022₺43.5b₺22.7b₺2.6b17.9x16.9x1.9x
Wed, 29 Dec 2021₺37.6b₺22.7b₺2.6b16.6x14.6x1.7x
Fri, 26 Nov 2021₺36.4b₺22.6b₺2.5b18x14.6x1.6x
Sun, 24 Oct 2021₺29.7b₺10.8b₺1.9b19.6x15.9x2.7x
Tue, 21 Sep 2021₺26.4b₺10.8b₺1.9b15.9x14.2x2.4x
Thu, 19 Aug 2021₺25.4b₺10.8b₺1.9b16.9x13.7x2.4x
Thu, 03 Jun 2021₺26.1b₺18.5b₺1.6b14.3x16.6x1.4x
Sun, 07 Mar 2021₺15.7b₺16.1b₺628.3m27.6x25x1x
Price to Earnings Ratio

25x


Total Market Cap: ₺15.7bTotal Earnings: ₺628.3mTotal Revenue: ₺16.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Renewable Energy Industry Price to Earnings3Y Average 19.6x202220232024
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 34.8x which is higher than its 3-year average PE of 19.6x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 112% per year over the last three years.
  • Revenues for these companies have grown 86% 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 industry?

TR Market-0.54%
Utilities-2.68%
Renewable Energy-0.011%
Renewable Energy2.93%
Independent Power Producers and Energy Traders-4.64%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 19.1x.
    • Analysts are expecting annual earnings growth of 44.4%, which is higher than its past year's earnings growth of 12.5% per year.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading below its 3-year average of 27.9x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings decline by 83% 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₺15.408.4%
+₺1.4b
22.6%PE21.4x
AYDEM Aydem Yenilenebilir Enerji₺28.565.4%
+₺1.0b
67.6%PS4.5x
NATEN Naturel Yenilenebilir Enerji Ticaret Anonim Sirketi₺59.006.5%
+₺594.0m
94.3%PE12.8x
ESEN Esenboga Elektrik Üretim₺22.207.4%
+₺395.2m
34.4%PE8.4x
AKENR Akenerji Elektrik Üretim₺5.674.4%
+₺175.0m
38.3%PS0.2x
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Latest News

MAGEN

₺15.40

Margün Enerji Üretim Sanayi ve Ticaret

7D

19.2%

1Y

22.7%

AKFYE

₺26.50

Akfen Yenilenebilir Enerji

7D

-0.2%

1Y

n/a

ZOREN

₺5.43

Zorlu Enerji Elektrik Üretim

7D

-9.8%

1Y

-1.6%

PAMEL

₺146.90

Pamukova Yenilenebilir Elektrik Uretim

7D

-10.7%

1Y

-58.7%

KARYE

₺55.40

Kartal Yenilenebilir Enerji Uretim

7D

-16.9%

1Y

128.9%

AKSUE

₺14.69

Aksu Enerji ve Ticaret Anonim Sirketi

7D

-2.6%

1Y

-69.6%

HUNER

₺8.47

Hun Yenilenebilir Enerji Üretim

7D

3.0%

1Y

2.2%

AKSEN

₺37.72

Aksa Enerji Üretim

7D

-2.3%

1Y

5.2%

TATEN

₺38.88

Tatlipinar Enerji Uretim

7D

-8.5%

1Y

n/a

ESEN

₺22.20

Esenboga Elektrik Üretim

7D

12.0%

1Y

33.8%

BIOEN

₺20.32

Biotrend Cevre ve Enerji Yatirimlari

7D

-1.5%

1Y

25.8%

AYDEM

₺28.56

Aydem Yenilenebilir Enerji

7D

7.0%

1Y

68.2%

GWIND

₺27.66

Galata Wind Enerji

7D

1.8%

1Y

46.4%