Turkish (BIST) Renewable Energy Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies15
- 7D2.6%
- 3M21.4%
- 1Y60.3%
- YTDn/a
In the last week, the Renewable Energy industry is up 3.2%, with Margün Enerji Üretim Sanayi ve Ticaret up 30%. In the same time, IC Enterra Yenilenebilir Enerji was down 11%. This takes the industry's 12 month performance to a gain of 60%. Looking forward, earnings are forecast to grow by 54% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₺196.6b | ₺31.7b | ₺3.8b | 25.3x | 51.9x | 6.2x |
| Sun, 24 Mar 2024 | ₺173.8b | ₺29.9b | ₺4.8b | 33.7x | 36.6x | 5.8x |
| Tue, 20 Feb 2024 | ₺126.3b | ₺15.7b | ₺2.8b | 33.3x | 44.6x | 8x |
| Thu, 18 Jan 2024 | ₺102.6b | ₺15.7b | ₺2.8b | 27.1x | 36.2x | 6.5x |
| Sat, 16 Dec 2023 | ₺101.5b | ₺15.7b | ₺2.8b | 25.8x | 35.8x | 6.5x |
| Mon, 13 Nov 2023 | ₺121.9b | ₺15.4b | ₺2.7b | 34.6x | 45.4x | 7.9x |
| Wed, 11 Oct 2023 | ₺140.6b | ₺13.7b | ₺3.5b | 29.5x | 39.7x | 10.3x |
| Fri, 08 Sep 2023 | ₺131.5b | ₺13.5b | ₺3.5b | 27x | 37.4x | 9.7x |
| Sun, 06 Aug 2023 | ₺103.1b | ₺13.0b | ₺5.6b | 30.3x | 18.4x | 7.9x |
| Tue, 04 Jul 2023 | ₺82.7b | ₺12.9b | ₺5.2b | 21x | 15.8x | 6.4x |
| Thu, 01 Jun 2023 | ₺74.3b | ₺12.8b | ₺5.5b | 17.3x | 13.5x | 5.8x |
| Sat, 29 Apr 2023 | ₺76.3b | ₺12.6b | ₺5.7b | 16.3x | 13.3x | 6.1x |
| Mon, 27 Mar 2023 | ₺90.9b | ₺10.1b | ₺4.5b | 24.2x | 20x | 9x |
| Wed, 22 Feb 2023 | ₺69.5b | ₺8.9b | ₺3.9b | 15.1x | 17.7x | 7.8x |
| Fri, 20 Jan 2023 | ₺79.6b | ₺8.9b | ₺3.9b | 17.1x | 20.2x | 8.9x |
| Sun, 18 Dec 2022 | ₺91.6b | ₺8.5b | ₺3.8b | 19.3x | 24.1x | 10.7x |
| Tue, 15 Nov 2022 | ₺73.0b | ₺8.1b | ₺3.8b | 14.1x | 19.2x | 9x |
| Thu, 13 Oct 2022 | ₺52.3b | ₺7.0b | ₺3.3b | 10.3x | 15.8x | 7.5x |
| Sat, 10 Sep 2022 | ₺43.1b | ₺6.9b | ₺3.2b | 9.4x | 13.5x | 6.3x |
| Mon, 08 Aug 2022 | ₺39.1b | ₺5.4b | ₺2.2b | 13.8x | 17.7x | 7.2x |
| Wed, 06 Jul 2022 | ₺32.4b | ₺5.4b | ₺2.2b | 12x | 14.6x | 6x |
| Fri, 03 Jun 2022 | ₺29.6b | ₺5.3b | ₺2.7b | 11.1x | 10.8x | 5.5x |
| Sun, 01 May 2022 | ₺30.6b | ₺4.2b | ₺3.1b | 8.1x | 10x | 7.3x |
| Tue, 29 Mar 2022 | ₺25.3b | ₺3.7b | ₺2.5b | 13x | 10.2x | 6.9x |
| Thu, 24 Feb 2022 | ₺25.2b | ₺2.9b | ₺1.9b | 23.5x | 13.5x | 8.7x |
| Sat, 22 Jan 2022 | ₺24.8b | ₺2.4b | ₺1.8b | 23x | 13.8x | 10.4x |
| Mon, 20 Dec 2021 | ₺21.8b | ₺2.4b | ₺1.8b | 18.9x | 12.1x | 9.2x |
| Wed, 17 Nov 2021 | ₺20.3b | ₺2.3b | ₺1.7b | 18.6x | 12.3x | 8.8x |
| Fri, 15 Oct 2021 | ₺20.3b | ₺2.3b | ₺1.1b | 20.9x | 18x | 8.9x |
| Sun, 12 Sep 2021 | ₺17.1b | ₺2.3b | ₺1.1b | 20x | 15.2x | 7.6x |
| Tue, 10 Aug 2021 | ₺17.1b | ₺2.3b | ₺1.1b | 18.1x | 15.2x | 7.5x |
| Mon, 03 May 2021 | ₺16.0b | ₺2.2b | ₺1.0b | 18.4x | 15.5x | 7.2x |
Price to Earnings Ratio
15.5x
Current Industry PE
- Investors are optimistic on the Turkish Renewable Electricity industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 51.7x which is higher than its 3-year average PE of 20.9x.
- The 3-year average PS ratio of 7.7x is higher than the industry's current PS ratio of 6.2x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have grown 54% per year over the last three years.
- Revenues for these companies have grown 143% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Turkish Renewable Energy compare with similar industries?
| TR Market | 3.75% | |
| Utilities | 3.03% | |
| Renewable Energy | 3.47% | |
| Renewable Energy | 2.63% | |
| Independent Power Producers and Energy Traders | 5.21% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAGEN Margün Enerji Üretim Sanayi ve Ticaret | ₺23.10 | 29.8% +₺6.3b | 72.8% | PE87.7x | |
| NATEN Naturel Yenilenebilir Enerji Ticaret Anonim Sirketi | ₺59.30 | 24.8% +₺1.9b | 91.8% | PE120.5x | |
| ESEN Esenboga Elektrik Üretim | ₺22.20 | 20.3% +₺975.0m | 62.1% | PE24.9x | |
| GWIND Galata Wind Enerji | ₺27.90 | 5.7% +₺810.0m | 76.3% | PE24.2x | |
| CONSE Consus Enerji Isletmeciligi ve Hizmetleri | ₺7.59 | 21.4% +₺516.6m | 33.6% | PE14x |