Turkish (BIST) Healthcare Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies15
- 7D3.5%
- 3M9.0%
- 1Y139.9%
- YTD28.1%
In the last week, the Healthcare industry is up 3.5%, with MLP Saglik Hizmetleri up 8.6%. This takes the industry's 12 month performance to a gain of 140%. As for the next few years, earnings are expected to grow by 37% per annum.
Sector Valuation and Performance
Has the Turkish Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ₺164.7b | ₺148.0b | ₺10.1b | 25.4x | 16.3x | 1.1x |
| Tue, 16 Apr 2024 | ₺144.4b | ₺144.1b | ₺9.3b | 25.5x | 15.5x | 1x |
| Thu, 14 Mar 2024 | ₺147.5b | ₺132.2b | ₺7.4b | 23.5x | 20.1x | 1.1x |
| Sat, 10 Feb 2024 | ₺144.5b | ₺103.7b | ₺10.2b | 18.1x | 14.2x | 1.4x |
| Mon, 08 Jan 2024 | ₺123.9b | ₺102.8b | ₺9.8b | 13.8x | 12.6x | 1.2x |
| Wed, 06 Dec 2023 | ₺129.0b | ₺102.8b | ₺9.8b | 17x | 13.1x | 1.3x |
| Fri, 03 Nov 2023 | ₺132.5b | ₺90.0b | ₺9.0b | 15.9x | 14.7x | 1.5x |
| Sun, 01 Oct 2023 | ₺141.5b | ₺89.8b | ₺9.0b | 18.1x | 15.7x | 1.6x |
| Tue, 29 Aug 2023 | ₺131.2b | ₺89.8b | ₺9.0b | 17.6x | 14.5x | 1.5x |
| Thu, 27 Jul 2023 | ₺101.4b | ₺80.3b | ₺8.2b | 11.3x | 12.4x | 1.3x |
| Sat, 24 Jun 2023 | ₺76.5b | ₺80.2b | ₺8.1b | 8.7x | 9.4x | 1x |
| Mon, 22 May 2023 | ₺65.1b | ₺80.0b | ₺8.1b | 7.5x | 8x | 0.8x |
| Wed, 19 Apr 2023 | ₺73.0b | ₺67.9b | ₺7.7b | 9x | 9.5x | 1.1x |
| Fri, 17 Mar 2023 | ₺81.1b | ₺67.9b | ₺7.7b | 9.8x | 10.6x | 1.2x |
| Sun, 12 Feb 2023 | ₺74.6b | ₺58.8b | ₺6.8b | 11.2x | 11x | 1.3x |
| Tue, 10 Jan 2023 | ₺83.7b | ₺58.6b | ₺6.8b | 13x | 12.4x | 1.4x |
| Thu, 08 Dec 2022 | ₺77.9b | ₺58.6b | ₺6.8b | 12.8x | 11.5x | 1.3x |
| Sat, 05 Nov 2022 | ₺63.6b | ₺51.2b | ₺5.1b | 13.3x | 12.4x | 1.2x |
| Mon, 03 Oct 2022 | ₺50.6b | ₺50.6b | ₺4.7b | 11x | 10.8x | 1x |
| Wed, 31 Aug 2022 | ₺47.7b | ₺50.6b | ₺4.7b | 10.2x | 10.2x | 0.9x |
| Fri, 29 Jul 2022 | ₺44.7b | ₺43.7b | ₺3.8b | 10.7x | 11.7x | 1x |
| Sun, 26 Jun 2022 | ₺39.4b | ₺43.9b | ₺3.8b | 12.8x | 10.2x | 0.9x |
| Tue, 24 May 2022 | ₺36.3b | ₺43.7b | ₺3.8b | 10.4x | 9.5x | 0.8x |
| Thu, 21 Apr 2022 | ₺37.1b | ₺39.1b | ₺3.2b | 11.6x | 11.7x | 0.9x |
| Sat, 19 Mar 2022 | ₺31.8b | ₺39.1b | ₺3.2b | 10.7x | 10x | 0.8x |
| Mon, 14 Feb 2022 | ₺34.6b | ₺35.5b | ₺2.3b | 13.1x | 14.9x | 1x |
| Wed, 12 Jan 2022 | ₺34.5b | ₺35.5b | ₺2.3b | 14.4x | 14.8x | 1x |
| Fri, 10 Dec 2021 | ₺35.2b | ₺35.5b | ₺2.3b | 15x | 15.1x | 1x |
| Sun, 07 Nov 2021 | ₺28.6b | ₺34.1b | ₺2.3b | 14.3x | 12.7x | 0.8x |
| Tue, 05 Oct 2021 | ₺26.2b | ₺33.5b | ₺2.2b | 15.5x | 11.7x | 0.8x |
| Thu, 02 Sep 2021 | ₺28.0b | ₺33.5b | ₺2.2b | 17.3x | 12.5x | 0.8x |
| Sat, 31 Jul 2021 | ₺21.0b | ₺30.5b | ₺2.0b | 16.4x | 10.6x | 0.7x |
Price to Earnings Ratio
13.1x
Current Industry PE
- Investors are optimistic on the Turkish Healthcare industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.3x which is higher than its 3-year average PE of 12.3x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 84% per year over the last three years.
- Revenues for these companies have grown 73% 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 Healthcare sector?
| TR Market | 1.88% | |
| Healthcare | 3.54% | |
| Pharma | 7.64% | |
| Healthcare Services | 2.90% | |
| Medical Equipment | 0.66% | |
| Life Sciences | 0% | |
| Biotech | -2.64% | |
| Healthtech | -6.57% | |
Industry PE
- Investors are most optimistic about the Biotech industry which is trading above its 3-year average PE ratio of 16.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings growth rate of 1.7% per year.
- In contrast, the Healthcare Services industry is expected to see its earnings grow by 37% 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 | |
|---|---|---|---|---|---|
| MPARK MLP Saglik Hizmetleri | ₺290.00 | 8.6% +₺4.8b | 369.3% | PE13.3x | |
| GENIL Gen Ilac Ve Saglik Urunleri Sanayi Ve Ticaret Anonim Sirketi | ₺61.75 | 8.1% +₺1.4b | 59.1% | PE40.8x | |
| TRILC Turk Ilac Ve Serum Sanayi Anonim Sirketi | ₺35.78 | 26.7% +₺1.2b | 328.0% | PE54.8x | |
| LKMNH Lokman Hekim Engürüsag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhüt | ₺97.55 | 9.2% +₺295.2m | 377.3% | PE10.9x | |
| DEVA Deva Holding | ₺78.95 | 1.5% +₺230.0m | 103.6% | PE4.7x |