Turkish (BIST) Steel Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies19
- 7D-3.6%
- 3M-7.7%
- 1Y53.7%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 3.6%, driven by a pullback from Borusan Mannesmann Boru Sanayi ve Ticaret of 8.8%. Over the past 12 months, the industry was up 54%. Earnings are forecast to grow by 48% annually.
Industry Valuation and Performance
Has the Turkish Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ₺471.8b | ₺465.0b | ₺26.3b | 21.8x | 17.9x | 1x |
| Sat, 27 Apr 2024 | ₺451.5b | ₺381.7b | ₺15.9b | 28.6x | 28.3x | 1.2x |
| Mon, 25 Mar 2024 | ₺456.9b | ₺378.2b | ₺16.2b | 23.4x | 28.3x | 1.2x |
| Wed, 21 Feb 2024 | ₺504.4b | ₺318.7b | ₺5.8b | 20.8x | 86.3x | 1.6x |
| Fri, 19 Jan 2024 | ₺418.7b | ₺318.7b | ₺5.8b | 14.7x | 71.6x | 1.3x |
| Sun, 17 Dec 2023 | ₺424.5b | ₺318.7b | ₺5.8b | 13.6x | 72.6x | 1.3x |
| Tue, 14 Nov 2023 | ₺423.1b | ₺318.6b | ₺5.8b | 12.8x | 73.1x | 1.3x |
| Thu, 12 Oct 2023 | ₺492.3b | ₺300.7b | ₺7.4b | 18.5x | 66.7x | 1.6x |
| Sat, 09 Sep 2023 | ₺481.5b | ₺300.7b | ₺7.4b | 18x | 65.2x | 1.6x |
| Mon, 07 Aug 2023 | ₺385.5b | ₺295.0b | ₺24.2b | 12.1x | 15.9x | 1.3x |
| Wed, 05 Jul 2023 | ₺345.2b | ₺295.0b | ₺24.2b | 11.2x | 14.3x | 1.2x |
| Fri, 02 Jun 2023 | ₺301.6b | ₺295.0b | ₺24.2b | 10.1x | 12.5x | 1x |
| Sun, 30 Apr 2023 | ₺272.3b | ₺291.4b | ₺32.4b | 7.4x | 8.4x | 0.9x |
| Tue, 28 Mar 2023 | ₺315.8b | ₺291.4b | ₺32.5b | 8.5x | 9.7x | 1.1x |
| Thu, 23 Feb 2023 | ₺365.5b | ₺278.0b | ₺33.9b | 10.2x | 10.8x | 1.3x |
| Sat, 21 Jan 2023 | ₺325.4b | ₺268.3b | ₺33.2b | 9.1x | 9.8x | 1.2x |
| Mon, 19 Dec 2022 | ₺324.3b | ₺268.3b | ₺33.2b | 10.3x | 9.8x | 1.2x |
| Wed, 16 Nov 2022 | ₺289.2b | ₺267.5b | ₺33.2b | 8.8x | 8.7x | 1.1x |
| Fri, 14 Oct 2022 | ₺226.2b | ₺229.5b | ₺38.2b | 7.5x | 5.9x | 1x |
| Sun, 11 Sep 2022 | ₺239.4b | ₺228.9b | ₺38.2b | 6.9x | 6.3x | 1x |
| Tue, 09 Aug 2022 | ₺211.2b | ₺191.8b | ₺33.0b | 8.6x | 6.4x | 1.1x |
| Thu, 07 Jul 2022 | ₺196.6b | ₺184.8b | ₺32.4b | 8.2x | 6.1x | 1.1x |
| Sat, 04 Jun 2022 | ₺239.5b | ₺184.8b | ₺32.4b | 7.9x | 7.4x | 1.3x |
| Mon, 02 May 2022 | ₺233.4b | ₺180.5b | ₺31.7b | 9.6x | 7.4x | 1.3x |
| Wed, 30 Mar 2022 | ₺225.1b | ₺145.7b | ₺26.3b | 10.7x | 8.6x | 1.5x |
| Fri, 25 Feb 2022 | ₺194.6b | ₺139.0b | ₺26.1b | 10.5x | 7.5x | 1.4x |
| Sun, 23 Jan 2022 | ₺201.0b | ₺116.0b | ₺23.9b | 12.1x | 8.4x | 1.7x |
| Tue, 21 Dec 2021 | ₺211.7b | ₺116.0b | ₺23.9b | 12.4x | 8.8x | 1.8x |
| Thu, 18 Nov 2021 | ₺140.3b | ₺116.0b | ₺23.9b | 11.7x | 5.9x | 1.2x |
| Sat, 16 Oct 2021 | ₺118.0b | ₺94.7b | ₺15.6b | 10.5x | 7.6x | 1.2x |
| Mon, 13 Sep 2021 | ₺122.3b | ₺94.7b | ₺15.6b | 11.5x | 7.8x | 1.3x |
| Wed, 11 Aug 2021 | ₺127.3b | ₺94.7b | ₺15.6b | 11.6x | 8.1x | 1.3x |
| Sun, 06 Jun 2021 | ₺126.2b | ₺77.2b | ₺9.8b | 13.6x | 12.9x | 1.6x |
Price to Earnings Ratio
12.9x
Current Industry PE
- Investors are pessimistic on the Turkish Steel 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 17.9x which is lower than its 3-year average PE of 24.4x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Steel industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 82% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Turkish Steel compare with similar industries?
| TR Market | -5.71% | |
| Materials | -5.26% | |
| Metals and Mining | -3.66% | |
| Steel | -3.62% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Gold | -2.17% | |
| Diversified Metals and Mining | -6.72% | |
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 | |
|---|---|---|---|---|---|
| EREGL Eregli Demir ve Çelik Fabrikalari T.A.S | ₺48.58 | 0.5% +₺910.0m | 47.0% | PE17.8x | |
| DOFER Dofer Yapi Malzemeleri Sanayi ve Ticaret | ₺48.00 | 4.3% +₺111.5m | n/a | PE18.8x | |
| BMSCH Bms Celik Hasir Sanayi Ve Ticaret Anonim Sirketi | ₺27.38 | 3.3% +₺31.8m | 69.7% | PE38.6x |