Turkish (BIST) Application Software Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies8
- 7D2.3%
- 3M-2.8%
- 1Y326.4%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 6.2%, driven by MIA Teknoloji Anonim Sirketi declining 7.3%. This takes the industry's 12 month performance to a gain of 310%. As for the next few years, earnings are expected to grow by 79% per annum.
Industry Valuation and Performance
Has the Turkish Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ₺74.7b | ₺7.3b | ₺1.1b | 61.9x | 66.3x | 10.3x |
| Tue, 16 Apr 2024 | ₺84.8b | ₺7.5b | ₺1.5b | 56.7x | 55.8x | 11.3x |
| Thu, 14 Mar 2024 | ₺77.1b | ₺5.6b | ₺1.7b | 45.9x | 46.1x | 13.8x |
| Sat, 10 Feb 2024 | ₺72.7b | ₺5.5b | ₺1.7b | 47.8x | 43.6x | 13.2x |
| Mon, 08 Jan 2024 | ₺53.7b | ₺5.5b | ₺1.7b | 34.5x | 32.2x | 9.8x |
| Wed, 06 Dec 2023 | ₺55.8b | ₺5.5b | ₺1.7b | 37.6x | 33.4x | 10.1x |
| Fri, 03 Nov 2023 | ₺55.4b | ₺5.2b | ₺1.5b | 28.4x | 37x | 10.6x |
| Sun, 01 Oct 2023 | ₺50.4b | ₺4.8b | ₺1.4b | 30.3x | 34.9x | 10.6x |
| Tue, 29 Aug 2023 | ₺35.6b | ₺4.7b | ₺1.5b | 20.5x | 24.6x | 7.5x |
| Thu, 27 Jul 2023 | ₺34.5b | ₺4.1b | ₺1.2b | 20.9x | 29.7x | 8.5x |
| Sat, 24 Jun 2023 | ₺21.3b | ₺3.7b | ₺1.1b | 16.5x | 19.5x | 5.8x |
| Mon, 22 May 2023 | ₺15.7b | ₺3.7b | ₺1.1b | 14.5x | 14.4x | 4.3x |
| Wed, 19 Apr 2023 | ₺17.6b | ₺3.2b | ₺1.0b | 15.9x | 17.3x | 5.5x |
| Fri, 17 Mar 2023 | ₺18.0b | ₺3.2b | ₺1.0b | 15.7x | 17.7x | 5.6x |
| Sun, 12 Feb 2023 | ₺14.3b | ₺2.8b | ₺1.0b | 14.7x | 14x | 5.1x |
| Tue, 10 Jan 2023 | ₺18.0b | ₺2.6b | ₺901.5m | 21.3x | 20x | 6.9x |
| Thu, 08 Dec 2022 | ₺19.0b | ₺2.6b | ₺901.5m | 21.5x | 21x | 7.3x |
| Sat, 05 Nov 2022 | ₺15.9b | ₺2.2b | ₺781.4m | 28x | 20.4x | 7.2x |
| Mon, 03 Oct 2022 | ₺11.4b | ₺1.9b | ₺691.7m | 15.9x | 16.5x | 6.1x |
| Wed, 31 Aug 2022 | ₺11.5b | ₺1.8b | ₺684.9m | 14.6x | 16.8x | 6.3x |
| Fri, 29 Jul 2022 | ₺10.9b | ₺1.5b | ₺522.8m | 18.9x | 20.9x | 7.1x |
| Sun, 26 Jun 2022 | ₺10.6b | ₺1.5b | ₺522.8m | 17.8x | 20.3x | 6.9x |
| Tue, 24 May 2022 | ₺10.2b | ₺1.5b | ₺522.8m | 17.7x | 19.6x | 6.7x |
| Thu, 21 Apr 2022 | ₺11.1b | ₺1.3b | ₺449.7m | 19.9x | 24.8x | 8.4x |
| Sat, 19 Mar 2022 | ₺11.3b | ₺1.3b | ₺421.4m | 20.7x | 26.8x | 8.5x |
| Mon, 14 Feb 2022 | ₺10.0b | ₺1.2b | ₺286.3m | 47.6x | 34.8x | 8.5x |
| Wed, 12 Jan 2022 | ₺9.7b | ₺1.2b | ₺286.3m | 44.2x | 33.9x | 8.3x |
| Fri, 10 Dec 2021 | ₺10.2b | ₺1.2b | ₺286.3m | 47.4x | 35.6x | 8.7x |
| Sun, 07 Nov 2021 | ₺7.4b | ₺1.2b | ₺281.4m | 31.5x | 26.4x | 6.4x |
| Tue, 05 Oct 2021 | ₺7.1b | ₺1.1b | ₺269.9m | 30x | 26.3x | 6.4x |
| Thu, 02 Sep 2021 | ₺7.1b | ₺1.1b | ₺269.9m | 31.3x | 26.4x | 6.4x |
| Sat, 31 Jul 2021 | ₺6.7b | ₺1.1b | ₺269.9m | 32.6x | 24.8x | 6.1x |
Price to Earnings Ratio
26.4x
Current Industry PE
- Investors are optimistic on the Turkish Application Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 62.1x which is higher than its 3-year average PE of 27.2x.
- The 3-year average PS ratio of 7.8x is lower than the industry's current PS ratio of 9.6x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 77% per year over the last three years.
- Revenues for these companies have grown 107% 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 Application Software compare with similar industries?
| TR Market | 1.88% | |
| Tech | -0.67% | |
| Software | 2.29% | |
| Application Software | 2.29% | |
| Systems Software | 0% | |
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 | |
|---|---|---|---|---|---|
| MIATK MIA Teknoloji Anonim Sirketi | ₺59.85 | 6.0% +₺1.7b | 722.5% | PE58.7x | |
| ATATP ATP Yazilim ve Teknoloji Anonim Sirketi | ₺149.20 | 4.3% +₺581.3m | 829.6% | PE128.5x | |
| LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret | ₺431.50 | 7.3% +₺324.5m | 1,176.6% | PE1700x |