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Turkish (BIST) Market Analysis & Valuation

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies588
  • 7D-1.6%
  • 3M19.9%
  • 1Y50.3%
  • YTD15.3%

Over the last 7 days, the market has dropped 1.6%, driven by a loss of 4.9% in the Industrials sector. In contrast to the last week, the market is actually up 50% over the past year. Looking forward, earnings are forecast to grow by 36% annually.

Trending IndustriesOil and GasSoftwareRenewable Energy

Market Valuation and Performance

Has the Turkish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Mar 2026₺20.6t₺18.4t₺1.0t19.1x19.7x1.1x
Tue, 27 Jan 2026₺19.8t₺16.4t₺912.0b20.8x21.7x1.2x
Thu, 25 Dec 2025₺17.4t₺16.4t₺910.4b18.5x19.1x1.1x
Sat, 22 Nov 2025₺17.1t₺16.5t₺904.0b17.5x18.9x1x
Mon, 20 Oct 2025₺16.3t₺15.8t₺795.7b21.2x20.5x1x
Wed, 17 Sep 2025₺17.2t₺15.9t₺794.9b23.7x21.6x1.1x
Fri, 15 Aug 2025₺17.3t₺15.6t₺816.3b22.5x21.2x1.1x
Sun, 13 Jul 2025₺14.8t₺15.4t₺844.6b18.3x17.5x1x
Tue, 10 Jun 2025₺13.6t₺15.4t₺841.6b17.3x16.1x0.9x
Thu, 08 May 2025₺12.9t₺15.4t₺861.1b17.5x15x0.8x
Sat, 05 Apr 2025₺13.5t₺15.4t₺876.7b17.5x15.5x0.9x
Mon, 03 Mar 2025₺13.3t₺13.2t₺1.1t16x12.4x1x
Wed, 29 Jan 2025₺13.6t₺11.4t₺1.2t15.6x11.1x1.2x
Fri, 27 Dec 2024₺13.5t₺11.4t₺1.2t15.7x11x1.2x
Sun, 24 Nov 2024₺13.1t₺11.4t₺1.2t15.2x10.7x1.1x
Tue, 22 Oct 2024₺12.0t₺11.6t₺1.4t14.4x8.8x1x
Thu, 19 Sep 2024₺13.2t₺11.6t₺1.4t15.9x9.5x1.1x
Sat, 17 Aug 2024₺13.1t₺11.5t₺1.4t16.3x9.3x1.1x
Mon, 15 Jul 2024₺14.5t₺11.2t₺1.4t16.2x10.2x1.3x
Wed, 12 Jun 2024₺13.6t₺11.1t₺1.4t15.5x9.7x1.2x
Fri, 10 May 2024₺14.5t₺11.3t₺1.5t16.1x9.8x1.3x
Sun, 07 Apr 2024₺13.0t₺10.2t₺1.4t14.8x9x1.3x
Tue, 05 Mar 2024₺12.6t₺8.5t₺1.4t16.6x9.2x1.5x
Thu, 01 Feb 2024₺11.3t₺8.2t₺1.4t13.9x8.2x1.4x
Sat, 30 Dec 2023₺10.1t₺8.2t₺1.4t11.8x7.4x1.2x
Mon, 27 Nov 2023₺11.7t₺8.2t₺1.3t13.7x8.7x1.4x
Wed, 25 Oct 2023₺10.8t₺7.3t₺1.1t14.9x9.4x1.5x
Fri, 22 Sep 2023₺10.2t₺7.2t₺1.1t14.6x8.9x1.4x
Sun, 20 Aug 2023₺8.8t₺7.2t₺1.1t13.1x7.9x1.2x
Tue, 18 Jul 2023₺7.5t₺6.7t₺1.1t12.1x7x1.1x
Thu, 15 Jun 2023₺6.1t₺6.6t₺1.1t9.3x5.8x0.9x
Sat, 13 May 2023₺5.7t₺6.5t₺1.1t8x5.5x0.9x
Mon, 10 Apr 2023₺5.5t₺5.9t₺1.0t8.9x5.5x0.9x
Wed, 08 Mar 2023₺6.1t₺5.8t₺938.0b10.7x6.5x1.1x
Price to Earnings Ratio

6.5x


Total Market Cap: ₺6.1tTotal Earnings: ₺938.0bTotal Revenue: ₺5.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Market Price to Earnings3Y Average 12.3x202420252026
Current Market PE
  • Investors are optimistic on the Turkish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 19.7x which is higher than its 3-year average PE of 12.3x.
Past Earnings Growth
  • The earnings for Turkish listed companies have grown 3.7% per year over the last three years.
  • Revenues for these companies have grown 47% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Turkish Market?

TR Market-1.57%
Financials1.96%
Materials0.33%
Utilities-0.41%
Tech-0.94%
Energy-1.17%
Real Estate-1.34%
Consumer Discretionary-3.40%
Healthcare-3.58%
Consumer Staples-4.06%
Telecom-4.07%
Industrials-4.87%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 217x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 55.8% which is higher than its past year's earnings decline of 46.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 56% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the Utilities sector is expected to see its earnings grow by 8.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
DSTKF Destek Finans Faktoring₺1.50k17.4%
+₺74.0b		1,278.5%PE132.5xFinancials
ASELS ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi₺322.002.8%
+₺39.9b		244.6%PE49xIndustrials
TERA Tera Yatirim Menkul Degerler₺264.0013.7%
+₺22.3b		3,159.3%PE5.3xFinancials
EREGL Eregli Demir ve Çelik Fabrikalari T.A.S₺32.668.6%
+₺18.2b		46.3%PE446.7xMaterials
HEDEF Hedef Holding₺104.609.5%
+₺17.7b		1,812.2%PE272.3xFinancials
See more

Market Insights

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