Turkish (BIST) Materials Sector Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies84
- 7D-5.3%
- 3M-7.5%
- 1Y35.2%
- YTD10.2%
Over the last 7 days, the Materials industry has dropped 5.3%, driven by a pullback from Sasa Polyester Sanayi of 4.6%. Over the past 12 months, the industry was up 35%. Looking forward, earnings are forecast to grow by 51% annually.
Sector Valuation and Performance
Has the Turkish Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ₺1.6t | ₺875.5b | ₺89.2b | 20.5x | 17.7x | 1.8x |
| Sat, 27 Apr 2024 | ₺1.6t | ₺770.8b | ₺77.2b | 19.3x | 20.8x | 2.1x |
| Mon, 25 Mar 2024 | ₺1.6t | ₺706.7b | ₺76.8b | 21.1x | 20.8x | 2.3x |
| Wed, 21 Feb 2024 | ₺1.7t | ₺610.6b | ₺53.6b | 19.3x | 31.7x | 2.8x |
| Fri, 19 Jan 2024 | ₺1.4t | ₺615.2b | ₺58.5b | 14.4x | 23.6x | 2.2x |
| Sun, 17 Dec 2023 | ₺1.5t | ₺615.2b | ₺58.5b | 14.1x | 25.8x | 2.5x |
| Tue, 14 Nov 2023 | ₺1.6t | ₺609.2b | ₺58.1b | 14.5x | 27.3x | 2.6x |
| Thu, 12 Oct 2023 | ₺1.7t | ₺573.1b | ₺51.5b | 18.3x | 32.6x | 2.9x |
| Sat, 09 Sep 2023 | ₺1.6t | ₺571.5b | ₺51.1b | 16.2x | 31.7x | 2.8x |
| Mon, 07 Aug 2023 | ₺1.5t | ₺560.9b | ₺74.4b | 13.1x | 19.5x | 2.6x |
| Wed, 05 Jul 2023 | ₺1.3t | ₺559.9b | ₺74.3b | 11.7x | 17.4x | 2.3x |
| Fri, 02 Jun 2023 | ₺1.1t | ₺553.0b | ₺73.2b | 10.2x | 15.6x | 2.1x |
| Sun, 30 Apr 2023 | ₺984.5b | ₺536.7b | ₺82.5b | 9.3x | 11.9x | 1.8x |
| Tue, 28 Mar 2023 | ₺1.1t | ₺534.8b | ₺82.1b | 10.1x | 13x | 2x |
| Thu, 23 Feb 2023 | ₺1.2t | ₺497.1b | ₺71.7b | 12.1x | 16.6x | 2.4x |
| Sat, 21 Jan 2023 | ₺1.2t | ₺482.8b | ₺69.8b | 13.8x | 17.2x | 2.5x |
| Mon, 19 Dec 2022 | ₺1.1t | ₺482.8b | ₺69.8b | 14.5x | 16.4x | 2.4x |
| Wed, 16 Nov 2022 | ₺1.1t | ₺479.8b | ₺69.5b | 12.6x | 16.2x | 2.3x |
| Fri, 14 Oct 2022 | ₺733.8b | ₺405.0b | ₺68.0b | 12x | 10.8x | 1.8x |
| Sun, 11 Sep 2022 | ₺658.8b | ₺404.4b | ₺68.0b | 9.8x | 9.7x | 1.6x |
| Tue, 09 Aug 2022 | ₺578.3b | ₺335.2b | ₺55.7b | 12.3x | 10.4x | 1.7x |
| Thu, 07 Jul 2022 | ₺504.3b | ₺326.1b | ₺54.7b | 9.9x | 9.2x | 1.5x |
| Sat, 04 Jun 2022 | ₺568.9b | ₺324.2b | ₺54.5b | 10.9x | 10.4x | 1.8x |
| Mon, 02 May 2022 | ₺507.6b | ₺296.2b | ₺49.1b | 11.6x | 10.3x | 1.7x |
| Wed, 30 Mar 2022 | ₺471.6b | ₺256.5b | ₺42.7b | 11.7x | 11.1x | 1.8x |
| Fri, 25 Feb 2022 | ₺387.8b | ₺230.6b | ₺41.3b | 11.7x | 9.4x | 1.7x |
| Sun, 23 Jan 2022 | ₺425.4b | ₺206.0b | ₺38.4b | 15x | 11.1x | 2.1x |
| Tue, 21 Dec 2021 | ₺439.1b | ₺206.0b | ₺38.4b | 14.8x | 11.4x | 2.1x |
| Thu, 18 Nov 2021 | ₺322.2b | ₺206.0b | ₺38.4b | 13.6x | 8.4x | 1.6x |
| Sat, 16 Oct 2021 | ₺272.5b | ₺173.8b | ₺27.4b | 14.8x | 9.9x | 1.6x |
| Mon, 13 Sep 2021 | ₺280.3b | ₺173.8b | ₺27.4b | 15.5x | 10.2x | 1.6x |
| Wed, 11 Aug 2021 | ₺283.7b | ₺173.8b | ₺27.4b | 16.3x | 10.4x | 1.6x |
| Sun, 06 Jun 2021 | ₺297.4b | ₺143.4b | ₺18.6b | 16.3x | 16x | 2.1x |
Price to Earnings Ratio
16x
Current Industry PE
- Investors are relatively neutral on the Turkish Materials 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 17.7x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 69% per year over the last three years.
- Revenues for these companies have grown 83% 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 Materials sector?
| TR Market | -5.71% | |
| Materials | -5.26% | |
| Metals and Mining | -3.66% | |
| Paper and Forestry Products | -4.18% | |
| Chemicals | -5.52% | |
| Packaging | -6.66% | |
| Basic Materials | -7.18% | |
Industry PE
- Investors are most optimistic about the Packaging industry which is trading above its 3-year average PE ratio of 20.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Basic Materials industry, which is trading below its 3-year average of 16.2x.
Forecasted Growth
- Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 57% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Chemicals industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| EREGL Eregli Demir ve Çelik Fabrikalari T.A.S | ₺48.58 | 0.5% +₺910.0m | 47.0% | PE17.8x | |
| ALKA Alkim Kagit Sanayi ve Ticaret | ₺31.10 | 12.7% +₺643.1m | 23.8% | PE63.1x | |
| MEGAP Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi | ₺10.14 | 24.7% +₺502.5m | 160.7% | PE10.3x | |
| BAYRK Bayrak EBT Taban Sanayi ve Ticaret Anonim Sirketi | ₺72.85 | 6.7% +₺216.8m | 1,497.6% | PE130.5x | |
| DOFER Dofer Yapi Malzemeleri Sanayi ve Ticaret | ₺48.00 | 4.3% +₺111.5m | n/a | PE18.8x |