Narrative Update • Sep 04
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- 7D2.4%
- 3M-1.3%
- 1Y-11.4%
- YTD-6.6%
All of the companies in the IT industry have been up over the last week, with the industry up 1.0%. In the past year, the industry is down 15%. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Belgian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 16 Sep 2026 | €222.6m | €2.9b | €43.3m | 5.1x | 5.1x | 0.08x |
| Fri, 14 Aug 2026 | €236.8m | €2.9b | €42.8m | 5.5x | 5.5x | 0.08x |
| Sun, 12 Jul 2026 | €231.1m | €2.9b | €52.0m | 4.4x | 4.4x | 0.08x |
| Tue, 09 Jun 2026 | €245.8m | €2.9b | €52.0m | 4.7x | 4.7x | 0.08x |
| Thu, 07 May 2026 | €227.9m | €2.9b | €52.0m | 4.4x | 4.4x | 0.08x |
| Sat, 04 Apr 2026 | €227.9m | €2.9b | €52.0m | 4.4x | 4.4x | 0.08x |
| Mon, 02 Mar 2026 | €258.9m | €2.9b | €53.2m | 4.9x | 4.9x | 0.09x |
| Wed, 28 Jan 2026 | €289.7m | €2.8b | €39.6m | 7.3x | 7.3x | 0.1x |
| Fri, 26 Dec 2025 | €263.9m | €2.8b | €39.6m | 6.7x | 6.7x | 0.09x |
| Sun, 23 Nov 2025 | €270.3m | €2.8b | €39.6m | 6.8x | 6.8x | 0.1x |
| Tue, 21 Oct 2025 | €278.3m | €2.8b | €39.6m | 7x | 7x | 0.1x |
| Thu, 18 Sep 2025 | €285.7m | €2.8b | €39.6m | 7.2x | 7.2x | 0.1x |
| Sat, 16 Aug 2025 | €306.7m | €2.8b | €39.6m | 7.7x | 7.7x | 0.1x |
| Mon, 14 Jul 2025 | €320.7m | €2.7b | €38.5m | 8.3x | 8.3x | 0.1x |
| Wed, 11 Jun 2025 | €330.8m | €2.7b | €38.5m | 8.6x | 8.6x | 0.1x |
| Fri, 09 May 2025 | €325.1m | €2.7b | €38.5m | 8.4x | 8.4x | 0.1x |
| Sun, 06 Apr 2025 | €290.7m | €2.7b | €38.5m | 7.5x | 7.5x | 0.1x |
| Tue, 04 Mar 2025 | €315.6m | €2.7b | €38.5m | 8.2x | 8.2x | 0.1x |
| Thu, 30 Jan 2025 | €301.9m | €2.7b | €56.9m | 5.3x | 5.3x | 0.1x |
| Sat, 28 Dec 2024 | €320.4m | €2.7b | €56.9m | 5.6x | 5.6x | 0.1x |
| Mon, 25 Nov 2024 | €349.9m | €2.7b | €56.9m | 6.1x | 6.1x | 0.1x |
| Wed, 23 Oct 2024 | €332.7m | €2.7b | €56.9m | 5.8x | 5.8x | 0.1x |
| Fri, 20 Sep 2024 | €349.9m | €2.7b | €56.9m | 6.1x | 6.1x | 0.1x |
| Sun, 18 Aug 2024 | €352.5m | €2.7b | €56.9m | 6.2x | 6.2x | 0.1x |
| Tue, 16 Jul 2024 | €376.3m | €2.7b | €60.4m | 6.2x | 6.2x | 0.1x |
| Thu, 13 Jun 2024 | €408.2m | €2.7b | €60.4m | 6.8x | 6.8x | 0.2x |
| Sat, 11 May 2024 | €410.8m | €2.7b | €60.4m | 6.8x | 6.8x | 0.2x |
| Mon, 08 Apr 2024 | €372.8m | €2.7b | €60.4m | 6.2x | 6.2x | 0.1x |
| Wed, 06 Mar 2024 | €370.6m | €2.7b | €59.5m | 6.2x | 6.2x | 0.1x |
| Fri, 02 Feb 2024 | €412.7m | €2.8b | €57.7m | 7.2x | 7.2x | 0.1x |
| Sun, 31 Dec 2023 | €460.1m | €2.8b | €57.7m | 8x | 8x | 0.2x |
| Tue, 28 Nov 2023 | €447.6m | €2.8b | €57.7m | 7.8x | 7.8x | 0.2x |
| Thu, 26 Oct 2023 | €386.7m | €2.8b | €57.7m | 6.7x | 6.7x | 0.1x |
| Sat, 23 Sep 2023 | €485.2m | €2.8b | €57.7m | 8.4x | 8.4x | 0.2x |
Price to Earnings Ratio
8.4x
Current Industry PE
- There is only one company in the Belgian IT industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 9.1% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Belgian Tech industry?
| BE Market | -0.41% | |
| Tech | -3.25% | |
| IT | 2.36% | |
| IT Consulting | 2.36% | |
| Data Processing Services | 0% | 0 |
Industry PE
- Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 6.6x.
- Analysts are expecting annual earnings growth of 14.9%, which is lower than the prior year's growth of 17.3% per year.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 6.6x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 15% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| ECONB Econocom Group | €1.52 | 2.4% +€5.1m | -11.4% | PE5.1x |