Best Turkish Stocks: October 2026
Momentum 83: outperforming the market over 6 months and above its moving averages. Value 74: cheap on EV/EBITDA and below book value. Quality 69: ROIC in the top 5% of its sector and low debt.
October 2026 edition · data as of ·1 new, 1 out, biggest climb DOHOL.IS since September·Next edition forms ·How we score stocks·How past rankings did·All Turkey stocks, refreshed daily
Top 25 Turkish Stocks by StockRank
- New in October 2026: Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S. YGGYO.IS
- Dropped out: Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S. GRSEL.IS
- Biggest climbs: Dogan Sirketler Grubu Holding A.S. DOHOL.IS #19 to #16, Albaraka Türk Katilim Bankasi A.S. ALBRK.IS #23 to #20, Dogu Aras Enerji Yatirimlari AS ARASE.IS #14 to #12
- Biggest falls: Ege Profil Ticaret ve Sanayi Anonim Sirketi EGPRO.IS #12 to #15, Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. AHGAZ.IS #16 to #19, AG Anadolu Grubu Holding A.S. AGHOL.IS #5 to #7
What changed since September: 1 new, 1 out
- New in October 2026: Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S. YGGYO.IS
- Dropped out: Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S. GRSEL.IS
- Biggest climbs: Dogan Sirketler Grubu Holding A.S. DOHOL.IS #19 to #16, Albaraka Türk Katilim Bankasi A.S. ALBRK.IS #23 to #20, Dogu Aras Enerji Yatirimlari AS ARASE.IS #14 to #12
- Biggest falls: Ege Profil Ticaret ve Sanayi Anonim Sirketi EGPRO.IS #12 to #15, Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. AHGAZ.IS #16 to #19, AG Anadolu Grubu Holding A.S. AGHOL.IS #5 to #7
| # | Stock | Yield | P/E | Score | Q | V | M | Style · Activity | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Yield 4.8% | P/E 6.9 | 100 Score | 69 Q | 74 V | 83 M | Full HouseDir. buyBuyback | ||
| 2 | Momentum 81: outperforming the market over 6 months and above its moving averages. Quality 72: ROIC in the top 5% of its sector and high return on equity. Value 71: cheap on P/E and below book value. | Yield 0.8% | P/E 3.4 | 99 Score | 72 Q | 71 V | 81 M | Full House | |
| 3 | Momentum 90: near its 52-week high and above its moving averages. Value 75: cheap on free cash flow and below book value. Quality 52: strong free cash flow but low gross profitability. | Yield — | P/E 11.5 | 99 Score | 52 Q | 75 V | 90 M | Full House | |
| 4 | Quality 75: strong free cash flow and ROIC in the top 5% of its sector. Momentum 75: above its moving averages and outperforming the market over 6 months. Value 65: cheap on free cash flow and cheap on sales. | Yield 4.2% | P/E 11.7 | 99 Score | 75 Q | 65 V | 75 M | Full House | |
| 5 | Value 74: cheap on EV/EBITDA and cheap on free cash flow. Quality 72: ROIC in the top 5% of its sector and strong free cash flow. Momentum 68: quarterly earnings growing and outperforming the market over 6 months. | Yield 4.7% | P/E 20.3 | 98 Score | 72 Q | 74 V | 68 M | Full House | |
| 6 | Momentum 77: EPS improving and outperforming the market over 6 months. Quality 73: low debt and a liquid balance sheet. Value 61: cheap on EV/EBITDA. | Yield 5.4% | P/E 11.4 | 98 Score | 73 Q | 61 V | 77 M | Full House | |
| 7 | Momentum 80: EPS improving and quarterly earnings growing. Value 76: cheap on sales and cheap on free cash flow. Quality 55: ROIC in the top 10% of its sector but a tight balance sheet. | Yield 2.0% | P/E 19.0 | 98 Score | 55 Q | 76 V | 80 M | Full House | |
| 8 | Quality 77: high gross profitability and low debt. Value 69: a high yield and cheap on free cash flow. Momentum 57: near its 52-week high but quarterly earnings shrinking. | Yield 3.7% | P/E 21.6 | 96 Score | 77 Q | 69 V | 57 M | Full HouseDir. buyBuyback | |
| 9 | Quality 72: ROIC in the top 5% of its sector and F-Score 8/9. Momentum 71: outperforming the market over 6 months and above its moving averages. Value 60: cheap on P/E and cheap on EV/EBITDA. | Yield 1.8% | P/E 11.1 | 96 Score | 72 Q | 60 V | 71 M | Full House | |
| 10 | Quality 80: F-Score 9/9 and strong free cash flow. Momentum 63: outperforming the market over 6 months and above its moving averages. Value 58: cheap on free cash flow but far above book value. | Yield 1.3% | P/E 18.6 | 95 Score | 80 Q | 58 V | 63 M | Full House | |
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| 11 | Quality 73: strong free cash flow and ROIC in the top 5% of its sector. Value 70: cheap on EV/EBITDA and cheap on free cash flow. Momentum 57: EPS improving but quarterly earnings shrinking. | Yield 4.4% | P/E 16.8 | 95 Score | 73 Q | 70 V | 57 M | Full HouseBuyback | |
| 12 | Quality 68: F-Score 4/4 and interest well covered. Momentum 67: above its moving averages and outperforming the market over 6 months. Value 64: cheap on EV/EBITDA and cheap on sales. | Yield 2.1% | P/E 24.0 | 95 Score | 68 Q | 64 V | 67 M | Full House | |
| 13 | Quality 88: ROIC in the top 5% of its sector and strong free cash flow. Momentum 76: above its moving averages and outperforming the market over 6 months. Value 33: expensive on sales. | Yield — | P/E 12.3 | 94 Score | 88 Q | 33 V | 76 M | Premium Grower | |
| 14 | Momentum 92: above its moving averages and outperforming the market over 6 months. Quality 67: wide operating margins and ROIC in the top 5% of its sector. Value 38: expensive on sales. | Yield — | P/E 6.1 | 94 Score | 67 Q | 38 V | 92 M | Premium Grower | |
| 15 | Quality 72: ROIC in the top 10% of its sector and high gross profitability. Momentum 66: quarterly earnings growing and outperforming the market over 6 months. Value 59: a high yield but expensive on free cash flow. | Yield 5.3% | P/E 12.6 | 94 Score | 72 Q | 59 V | 66 M | Full House | |
| 16 | Value 87: cheap on EV/EBITDA and cheap on free cash flow. Momentum 57: quarterly earnings growing but EPS deteriorating. Quality 52: strong free cash flow but thin interest cover. | Yield 1.5% | P/E 8.5 | 93 Score | 52 Q | 87 V | 57 M | Full House | |
| 17 | Quality 75: F-Score 8/9 and interest well covered. Momentum 60: outperforming the market over 6 months. Value 57: cheap on EV/EBITDA. | Yield — | P/E 11.7 | 92 Score | 75 Q | 57 V | 60 M | Full House | |
| 18 | Value 77: cheap on P/E and cheap on sales; EV/EBITDA and P/FCF excluded. Quality 76: high return on equity and high gross profitability. Momentum 39: EPS deteriorating. | Yield 5.3% | P/E 3.3 | 92 Score | 76 Q | 77 V | 39 M | Unloved Quality | |
| 19 | Momentum 95: quarterly earnings growing and outperforming the market over 6 months. Quality 62: strong free cash flow and low debt. Value 35: little or no yield. | Yield 0.1% | P/E 22.2 | 92 Score | 62 Q | 35 V | 95 M | Premium GrowerBuyback | |
| 20 | Value 84: valuation ratios not meaningful for a financial. Quality 58: high return on equity but a weak F-Score 3/7. Momentum 48: quarterly earnings growing but EPS deteriorating. | Yield 3.1% | P/E 2.3 | 90 Score | 58 Q | 84 V | 48 M | Unloved Quality | |
| 21 | Value 69: cheap on EV/EBITDA and cheap on sales. Quality 62: ROIC in the top 10% of its sector and high return on equity. Momentum 58: mixed. | Yield — | P/E 14.4 | 90 Score | 62 Q | 69 V | 58 M | Full House | |
| 22 | Quality 72: a liquid balance sheet and wide operating margins. Momentum 72: above its moving averages and outperforming the market over 6 months. Value 44: cheap on P/E but expensive on sales. | Yield — | P/E 11.9 | 90 Score | 72 Q | 44 V | 72 M | Premium Grower | |
| 23 | Momentum 73: outperforming the market over 6 months and above its moving averages. Quality 60: strong free cash flow and high gross profitability. Value 55: cheap on free cash flow but little or no yield. | Yield 1.2% | P/E 24.4 | 89 Score | 60 Q | 55 V | 73 M | Full House | |
| 24 | Value 82: valuation ratios not meaningful for a financial. Quality 64: F-Score 7/7 and high return on equity. Momentum 42: EPS improving but quarterly earnings shrinking. | Yield 4.0% | P/E 4.9 | 89 Score | 64 Q | 82 V | 42 M | Unloved Quality | |
| 25 | Quality 83: high return on equity and strong free cash flow. Momentum 62: above its moving averages and outperforming the market over 6 months. Value 41: expensive on sales. | Yield 4.9% | P/E 9.6 | 88 Score | 83 Q | 41 V | 62 M | Premium Grower | |
Ranked by StockRank (Quality + Value + Momentum composite) at a minimum market cap of $250M. Yield and P/E are as of the data date; click a ticker for today’s price and score. A new edition is generated on the first scoring run of each month.
Director buying reported in the 90 days to : Akis Gayrimenkul Yatirim Ortakligi A.S. AKSGY.IS, Logo Yazilim Sanayi ve Ticaret A.S. LOGO.IS
Active share buybacks in the 180 days to : Akis Gayrimenkul Yatirim Ortakligi A.S. AKSGY.IS, Logo Yazilim Sanayi ve Ticaret A.S. LOGO.IS, Mavi Giyim Sanayi ve Ticaret A.S. MAVI.IS, Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. AHGAZ.IS
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How Turkey scores
Where the top 25 come from, and how the whole Turkish market sits against the global universe. StockRank is a global percentile, so the universe splits evenly into five bands by construction; a market that piles up on the right is scoring well as a whole.
Top 25 by sector
- Industrials5
- Real Estate5
- Financial Services4
- Utilities3
- Basic Materials2
- Consumer Cyclical2
- Other4
Share of Turkish stocks by StockRank band
- 0-1932% / 20%
- 20-3922% / 20%
- 40-5919% / 20%
- 60-7913% / 20%
- 80-10014% / 20%
Turkeyall markets
Inflation, the Lira, and Reading Turkish Numbers
Turkey is a large, young, industrialised economy with one of the most volatile stock markets in the world: a board of more than five hundred companies, a retail investor base that grew tenfold in three years as savers fled inflation, and a currency that has lost most of its value against the dollar in a decade. Read in lira the market looks spectacular; read in dollars it is one of the cheapest anywhere. The list below is where Quality, Value and Momentum agree.
MoatMap scored 481 Turkish stocks on 2026-10-01; 185 cleared the $250M market-cap floor this list applies. The market's average StockRank is 41. Real Estate is the most represented sector in the top 10 (3 names).
The first thing to understand about Borsa Istanbul is that every number on it is quoted in a currency that has been losing value at double-digit rates. Turkish inflation ran above fifty percent for much of 2022 to 2024 and the lira fell against the dollar in every one of those years, so a company whose lira revenue doubled may have shrunk in real terms, and a share price that tripled may have lost money for a dollar-based holder. MoatMap converts every balance-sheet and cash-flow figure to dollars before scoring, and the Value pillar reads the multiples on that basis, but the growth and Momentum figures still carry the lira's signature. A strong Turkish Momentum score is worth checking against the currency chart before it is taken at face value.
The market itself is broad and industrial. The largest names are the holding companies (Koc, Sabanci), the banks (Akbank, Garanti, Isbank, Yapi Kredi), Turkish Airlines, the defence group Aselsan, the steel, cement, glass, white-goods and automotive manufacturers that make Turkey a supplier to European industry, and a large bench of food, retail and energy companies. It is family-controlled to an unusual degree: the two large holding groups own stakes across most sectors, and free floats are often small. Below the top fifty the retail investor base that arrived during the inflation years drives prices, and a factor screen can find genuinely strong exporters with dollar revenues and lira costs, the combination that has made Turkish industrial companies attractive through every currency crisis.
Disclosure runs through the Public Disclosure Platform, KAP, and MoatMap reads it directly. Under the Capital Markets Board's rules, managers and holders above five percent must notify share purchases and sales, and the notices carry the person, the role, the shares, the price range and the holding before and after; companies executing buybacks file a report every day they buy, listing every execution of the programme. Both feed the director-buying and buyback callouts below the table, and Turkish buybacks have been unusually active since the 2023 rules that let companies repurchase shares to support the price.
Access has widened: most international brokers now offer Borsa Istanbul trading, several large names trade as US ADRs, and settlement is in lira. Turkey withholds 10% on dividends paid to non-residents, reduced under treaties, and it levies no capital gains tax on listed shares held more than a year. The practical constraints are the ones the currency imposes: a lira position needs a view on the exchange rate as much as on the company, and the central bank's policy swings, from deeply negative real rates to sharply positive ones and back, have moved the whole market more than any earnings season has.
Frequently Asked Questions
- What are the top-ranked Turkish stocks right now?
- The table above ranks MoatMap's top 25 Borsa Istanbul stocks by StockRank, a composite of Quality (ROIC, F-Score, leverage), Value (P/E, EV/EBITDA, P/B, shareholder yield) and Momentum (price trend plus earnings revisions). It refreshes monthly with a stated data date, and each ticker links to a full score breakdown.
- How does MoatMap handle Turkish inflation and the lira?
- Every balance-sheet and cash-flow figure is converted to dollars before scoring, so the Value multiples are on a dollar basis. Growth and Momentum figures still carry the lira's signature: a share price that tripled in lira may have lost money in dollars, so read a strong Turkish Momentum score against the currency chart.
- Why are so many Turkish companies family-controlled?
- The two large holding groups, Koc and Sabanci, own stakes across most sectors, and many listed companies are founder or family controlled with small free floats. A high Value score on a controlled company is partly a discount for that control, and thin free floats mean the retail investor base that arrived during the inflation years can move prices sharply.
- Does MoatMap track Turkish insider trades and buybacks?
- Yes, from the Public Disclosure Platform (KAP): the Capital Markets Board's share purchase and sale notices filed by managers and 5% holders (person, role, shares, price range, holding before and after) and the daily buyback reports that list every execution of a programme. The callouts on this page draw on them.
- How can foreigners buy Turkish stocks, and what about the tax?
- Most international brokers offer Borsa Istanbul access, several large names trade as US ADRs, and settlement is in lira. Turkey withholds 10% on dividends to non-residents, reduced under treaties, and levies no capital gains tax on listed shares held more than a year. The lira is the largest single risk in any Turkish position.
- How often does this Turkey ranking refresh?
- A new edition forms on the first scoring run of each calendar month and the page states its data-as-of date. Underlying scores recompute nightly; for the daily view, use the ranked-stocks screener filtered to Turkey.