Financial Outlook of Borsa Istanbul's Top 10 Companies
The total market value of the 10 largest companies in Borsa Istanbul reached 6.76 trillion TL. Aselsan ranked first in market value with 1.71 trillion TL.
While the total size of the 10 largest companies on Borsa Istanbul by market value reached the level of 6.76 trillion TL, significant differences caught attention among the companies' profit, equity, and multiplier ratios.
Top Companies by Market Value
When examining the largest companies on Borsa Istanbul, Aselsan is at the top with a market value of 1.71 trillion TL. The company is followed by QNB Bank in second place, while the total market value of the top 10 companies reached approximately 6.76 trillion TL.
Highest Profit Makers in the Last Four Quarters
It is observed that companies with the highest market value do not always have the highest profit. Garanti Bank took the lead with a profit of 102.7 billion TL generated in the last four quarters, followed by Turkish Airlines, Tüpraş, and Akbank.
Equity and Book Value Ratios
Turkish Airlines ranks first with an equity size exceeding 1.02 trillion TL. The fact that the company's market value remains low relative to its equity constituted the lowest level with a price-to-book (P/B) ratio of 0.39.
Changes in Companies' P/E Ratios
There is a wide gap among companies in Price/Earnings ratios. The lowest P/E ratio was seen in Turkish Airlines with 3.58, while Enpara Bank was at the other end of the list with a P/E ratio of 62.70.
Earnings Per Share and Dividend Yield
In the earnings per share ranking, Turkish Airlines is far ahead with 81.20 TL. On the dividend yield side, Tüpraş and Enka İnşaat positioned at the top with a rate of 4.21 percent.