Turkish (BIST) Food Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies43
- 7D-9.9%
- 3M19.2%
- 1Y264.7%
- YTD63.7%
Over the last 7 days, the Food industry has dropped 9.9%, driven by Kent Gida Maddeleri Sanayii ve Ticaret declining 13%. In contrast, Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi has gained 9.0%. This takes the industry's 12 month performance to a gain of 265%. As for the next few years, earnings are expected to grow by 43% per annum.
Industry Valuation and Performance
Has the Turkish Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | ₺563.6b | ₺291.0b | ₺17.6b | 21.9x | 32x | 1.9x |
| Fri, 26 Apr 2024 | ₺644.4b | ₺250.9b | ₺21.7b | 17.2x | 29.7x | 2.6x |
| Sun, 24 Mar 2024 | ₺572.5b | ₺240.4b | ₺20.4b | 16.5x | 28.1x | 2.4x |
| Tue, 20 Feb 2024 | ₺443.6b | ₺204.3b | ₺17.7b | 17.5x | 25x | 2.2x |
| Thu, 18 Jan 2024 | ₺313.5b | ₺194.4b | ₺16.9b | 15.2x | 18.5x | 1.6x |
| Sat, 16 Dec 2023 | ₺322.0b | ₺194.0b | ₺16.4b | 16.1x | 19.7x | 1.7x |
| Mon, 13 Nov 2023 | ₺508.9b | ₺193.6b | ₺15.6b | 17x | 32.6x | 2.6x |
| Wed, 11 Oct 2023 | ₺337.0b | ₺173.2b | ₺12.7b | 16.3x | 26.5x | 1.9x |
| Fri, 08 Sep 2023 | ₺326.1b | ₺169.4b | ₺12.5b | 16.7x | 26.1x | 1.9x |
| Sun, 06 Aug 2023 | ₺213.9b | ₺156.1b | ₺12.9b | 16x | 16.6x | 1.4x |
| Tue, 04 Jul 2023 | ₺153.6b | ₺151.1b | ₺10.0b | 11.2x | 15.4x | 1x |
| Thu, 01 Jun 2023 | ₺138.6b | ₺142.4b | ₺7.9b | 9.5x | 17.6x | 1x |
| Sat, 29 Apr 2023 | ₺128.7b | ₺128.1b | ₺7.7b | 8.9x | 16.7x | 1x |
| Mon, 27 Mar 2023 | ₺151.5b | ₺124.2b | ₺7.5b | 10x | 20.2x | 1.2x |
| Wed, 22 Feb 2023 | ₺132.0b | ₺88.7b | ₺2.6b | 11.7x | 51x | 1.5x |
| Fri, 20 Jan 2023 | ₺155.1b | ₺88.0b | ₺2.5b | 14.5x | 62.2x | 1.8x |
| Sun, 18 Dec 2022 | ₺166.1b | ₺88.0b | ₺2.5b | 15.1x | 66.7x | 1.9x |
| Tue, 15 Nov 2022 | ₺129.0b | ₺87.9b | ₺2.4b | 15.1x | 53x | 1.5x |
| Thu, 13 Oct 2022 | ₺112.5b | ₺71.0b | ₺1.7b | 14.9x | 67.1x | 1.6x |
| Sat, 10 Sep 2022 | ₺98.3b | ₺70.3b | ₺1.7b | 12.2x | 59.3x | 1.4x |
| Mon, 08 Aug 2022 | ₺94.2b | ₺58.4b | ₺1.4b | 14.8x | 68.7x | 1.6x |
| Wed, 06 Jul 2022 | ₺89.8b | ₺58.0b | ₺1.3b | 11.4x | 66.6x | 1.5x |
| Fri, 03 Jun 2022 | ₺87.9b | ₺58.0b | ₺1.3b | 10.7x | 65.3x | 1.5x |
| Sun, 01 May 2022 | ₺85.0b | ₺46.8b | ₺1.2b | 14.7x | 73.3x | 1.8x |
| Tue, 29 Mar 2022 | ₺85.5b | ₺46.4b | ₺1.1b | 15.1x | 78.5x | 1.8x |
| Thu, 24 Feb 2022 | ₺72.4b | ₺38.9b | ₺2.6b | 23.3x | 28.4x | 1.9x |
| Sat, 22 Jan 2022 | ₺77.4b | ₺38.8b | ₺2.5b | 24.7x | 31.4x | 2x |
| Mon, 20 Dec 2021 | ₺79.1b | ₺38.8b | ₺2.5b | 27x | 32x | 2x |
| Wed, 17 Nov 2021 | ₺70.9b | ₺38.4b | ₺2.4b | 25.1x | 29.6x | 1.8x |
| Fri, 15 Oct 2021 | ₺72.6b | ₺35.1b | ₺2.6b | 22.6x | 27.7x | 2.1x |
| Sun, 12 Sep 2021 | ₺79.3b | ₺35.1b | ₺2.6b | 22.6x | 30.3x | 2.3x |
| Tue, 10 Aug 2021 | ₺78.3b | ₺35.1b | ₺2.6b | 21.2x | 29.9x | 2.2x |
Price to Earnings Ratio
33.5x
Current Industry PE
- Investors are pessimistic on the Turkish Food industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 31.6x which is lower than its 3-year average PE of 39.5x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Food industry have grown 89% per year over the last three years.
- Revenues for these companies have grown 110% 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 Consumer Staples industry?
| TR Market | -3.20% | |
| Consumer Staples | -5.25% | |
| Food | -9.91% | |
| Packaged Foods and Meats | -8.08% | |
| Agricultural Products | -29.39% | |
Industry PE
- Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 39.4x.
- Analysts expect its future annual earnings growth (43.1%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Agricultural Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 43% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 43% 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 | |
|---|---|---|---|---|---|
| BANVT Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi | ₺312.00 | 9.0% +₺2.6b | 285.4% | PE22x | |
| ULKER Ülker Bisküvi Sanayi | ₺141.80 | 3.5% +₺1.8b | 324.3% | PE15.5x | |
| KRVGD Kervan Gida Sanayi ve Ticaret | ₺31.00 | 9.6% +₺652.8m | 102.6% | PE23.1x | |
| ATAKP Atakey Patates Gida Sanayi ve Ticaret | ₺50.70 | 7.9% +₺513.4m | n/a | PE23.8x | |
| KTSKR Kutahya Seker Fabrikasi Anonim Sirketi | ₺78.00 | 11.1% +₺358.8m | 85.8% | PE7.3x |