Turkish (BIST) Construction Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies12
- 7D-4.6%
- 3M-6.4%
- 1Y68.5%
- YTD9.6%
Over the last 7 days, the Construction industry has dropped 5.4%, driven by Enka Insaat ve Sanayi declining 5.8%. In contrast, Yesil Yapi Endüstrisi has gained 45%. Over the past 12 months, the industry was up 64%. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Turkish Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | ₺346.7b | ₺144.0b | ₺19.3b | 26.6x | 17.9x | 2.4x |
| Mon, 15 Apr 2024 | ₺347.0b | ₺129.9b | ₺23.8b | 15.4x | 14.6x | 2.7x |
| Wed, 13 Mar 2024 | ₺341.0b | ₺129.9b | ₺23.6b | 15.1x | 14.5x | 2.6x |
| Fri, 09 Feb 2024 | ₺366.6b | ₺126.4b | ₺21.7b | 13.1x | 16.9x | 2.9x |
| Sun, 07 Jan 2024 | ₺309.6b | ₺126.4b | ₺21.7b | 11.5x | 14.3x | 2.4x |
| Tue, 05 Dec 2023 | ₺332.2b | ₺126.4b | ₺21.7b | 11.4x | 15.3x | 2.6x |
| Thu, 02 Nov 2023 | ₺303.7b | ₺119.6b | ₺19.7b | 12.4x | 15.4x | 2.5x |
| Sat, 30 Sep 2023 | ₺364.3b | ₺119.6b | ₺19.7b | 14.8x | 18.5x | 3x |
| Mon, 28 Aug 2023 | ₺319.2b | ₺119.6b | ₺19.7b | 13.1x | 16.2x | 2.7x |
| Wed, 26 Jul 2023 | ₺113.4b | ₺47.3b | ₺6.4b | 10x | 17.8x | 2.4x |
| Fri, 23 Jun 2023 | ₺77.6b | ₺47.3b | ₺6.4b | 8.2x | 12.2x | 1.6x |
| Sun, 21 May 2023 | ₺66.9b | ₺46.6b | ₺6.1b | 7.6x | 10.9x | 1.4x |
| Tue, 18 Apr 2023 | ₺88.0b | ₺41.9b | ₺6.3b | 8.4x | 14x | 2.1x |
| Thu, 16 Mar 2023 | ₺81.5b | ₺41.9b | ₺5.6b | 10.3x | 14.5x | 1.9x |
| Sat, 11 Feb 2023 | ₺62.3b | ₺35.8b | ₺2.7b | 15.7x | 23.3x | 1.7x |
| Mon, 09 Jan 2023 | ₺82.9b | ₺35.8b | ₺2.7b | 18.1x | 31x | 2.3x |
| Wed, 07 Dec 2022 | ₺85.2b | ₺35.8b | ₺2.7b | 20x | 31.9x | 2.4x |
| Fri, 04 Nov 2022 | ₺64.8b | ₺33.8b | ₺2.4b | 15.2x | 26.7x | 1.9x |
| Sun, 02 Oct 2022 | ₺38.2b | ₺29.2b | ₺2.2b | 12.4x | 17.7x | 1.3x |
| Tue, 30 Aug 2022 | ₺31.1b | ₺28.9b | ₺2.1b | 12x | 14.8x | 1.1x |
| Thu, 28 Jul 2022 | ₺25.5b | ₺23.4b | ₺1.1b | 15.9x | 22.3x | 1.1x |
| Sat, 25 Jun 2022 | ₺22.8b | ₺23.4b | ₺1.1b | 14.6x | 19.9x | 1x |
| Mon, 23 May 2022 | ₺19.2b | ₺23.3b | ₺1.1b | 14x | 17.3x | 0.8x |
| Wed, 20 Apr 2022 | ₺20.8b | ₺20.4b | ₺1.3b | 14.4x | 15.7x | 1x |
| Fri, 18 Mar 2022 | ₺17.6b | ₺20.4b | ₺1.3b | 13.2x | 13.3x | 0.9x |
| Sun, 13 Feb 2022 | ₺19.8b | ₺17.3b | ₺1.3b | 12.1x | 15.7x | 1.1x |
| Tue, 11 Jan 2022 | ₺17.4b | ₺17.3b | ₺1.3b | 10.4x | 13.8x | 1x |
| Thu, 09 Dec 2021 | ₺17.6b | ₺17.3b | ₺1.3b | 11.8x | 14x | 1x |
| Sat, 06 Nov 2021 | ₺15.2b | ₺17.1b | ₺1.2b | 12.4x | 13x | 0.9x |
| Mon, 04 Oct 2021 | ₺13.7b | ₺16.1b | ₺668.2m | 11.3x | 20.4x | 0.8x |
| Wed, 01 Sep 2021 | ₺14.2b | ₺16.4b | ₺692.7m | 12.7x | 20.5x | 0.9x |
| Thu, 08 Jul 2021 | ₺11.1b | ₺14.9b | ₺454.0m | 10.9x | 24.4x | 0.7x |
Price to Earnings Ratio
51.7x
Current Industry PE
- Investors are relatively neutral on the Turkish Construction industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 19.5x.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Construction industry have grown 351% per year over the last three years.
- Revenues for these companies have grown 118% 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 Industrials industry?
| TR Market | -0.18% | |
| Industrials | -1.73% | |
| Construction | -4.60% | |
| Construction and Engineering | -4.60% | |
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 | |
|---|---|---|---|---|---|
| TKFEN Tekfen Holding Anonim Sirketi | ₺56.15 | 4.4% +₺869.5m | 109.5% | PS0.5x | |
| BRLSM Birlesim Mühendislik Isitma Sogutma Havalandirma Sanayi ve Ticaret Anonim Sirketi | ₺22.22 | 3.6% +₺174.7m | 185.2% | PS1.3x | |
| NIBAS Nigbas Nigde Beton Sanayi Ve Ticaret | ₺19.89 | 2.8% +₺29.7m | 53.1% | PE30.1x | |
| OSTIM Ostim Endüstriyel Yatirimlar ve Isletme | ₺6.37 | 0.8% +₺7.9m | 109.5% | PE3.7x |