Sector Valuation and Performance
Has the Spanish Tech Sector valuation changed over the past few years?
Date Market Cap Revenue Earnings PE Absolute PE PS Mon, 04 Dec 2023 €4.5b €6.5b €257.9m 24.6x 17.6x 0.7x Wed, 01 Nov 2023 €4.2b €6.4b €241.6m 39.3x 17.5x 0.7x Fri, 29 Sep 2023 €4.3b €6.3b €239.4m 43.3x 18x 0.7x Sun, 27 Aug 2023 €4.2b €6.3b €239.4m 41x 17.7x 0.7x Tue, 25 Jul 2023 €4.1b €6.2b €220.5m 40.1x 18.8x 0.7x Thu, 22 Jun 2023 €4.0b €6.2b €215.8m 38.9x 18.7x 0.7x Sat, 20 May 2023 €4.1b €6.1b €215.9m 34.5x 19x 0.7x Mon, 17 Apr 2023 €4.2b €6.0b €204.2m 49.8x 20.7x 0.7x Wed, 15 Mar 2023 €31.3b €10.5b €868.6m 34.1x 36.1x 3x Fri, 10 Feb 2023 €31.4b €9.9b €683.7m 26x 45.9x 3.2x Sun, 08 Jan 2023 €28.5b €9.9b €684.8m 25.1x 41.7x 2.9x Tue, 06 Dec 2022 €26.8b €9.9b €686.5m 23.8x 39.1x 2.7x Thu, 03 Nov 2022 €26.5b €9.3b €530.6m 21.5x 49.9x 2.9x Sat, 01 Oct 2022 €24.7b €9.2b €531.2m 21.2x 46.5x 2.7x Mon, 29 Aug 2022 €28.0b €9.2b €530.8m 23.5x 52.8x 3x Wed, 27 Jul 2022 €28.6b €8.5b €251.8m 21.6x 113.6x 3.4x Fri, 24 Jun 2022 €27.3b €8.5b €248.1m 20.4x 110.2x 3.2x Sun, 22 May 2022 €30.3b €8.5b €247.7m 27.8x 122.4x 3.6x Tue, 19 Apr 2022 €29.2b €7.9b €55.4m 21.1x 528.2x 3.7x Thu, 17 Mar 2022 €28.3b €7.9b €55.5m 23.3x 510.3x 3.6x Sat, 12 Feb 2022 €31.3b €7.4b -€273,360,819.00 39.3x -114.4x 4.2x Mon, 10 Jan 2022 €32.0b €7.4b -€272,675,255.00 34.8x -117.4x 4.3x Wed, 08 Dec 2021 €30.1b €7.3b -€276,274,318.00 23x -109.1x 4.1x Fri, 05 Nov 2021 €30.4b €7.0b -€451,810,214.00 24.9x -67.4x 4.4x Sun, 03 Oct 2021 €29.6b €6.9b -€469,087,153.00 30.2x -63x 4.3x Tue, 31 Aug 2021 €26.7b €6.9b -€472,570,365.00 28.5x -56.5x 3.9x Wed, 07 Jul 2021 €29.7b €6.9b -€472,570,365.00 25.4x -62.9x 4.3x Sat, 10 Apr 2021 €30.2b €6.3b -€861,451,865.00 32.6x -35.1x 4.8x Fri, 01 Jan 2021 €29.6b €6.8b -€668,876,365.00 76.8x -44.3x 4.4x 1Y 3Y 5Y 10Y Price to Earnings Price to Sales Median Price to Earnings Price to Earnings Ratio
Thu, 10 Dec 2020 Total Market Cap: €28.5b Total Earnings: -€77,146,305.00 Total Revenue: €7.7b Total Market Cap vs Earnings and Revenue 0% 0% 0% Spanish Tech Sector Price to Earnings 3Y Average 33x 2021 2022 2023 Current Industry PE Investors are pessimistic on the Spanish Information Technology 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 17.6x which is lower than its 3-year average PE of 33.0x. The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 0.69x. Past Earnings Growth Total earnings for the Information Technology industry have gone up over the last three years and the industry is now profitable. Revenues have declined 5.4% per year. This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing. Industry Trends
Which industries have driven the changes within the Spanish Tech sector?
ES Market 1.87% Tech 0.24% Communications 3.11% Software 0.90% Electronic Equipment and Components 0.40% IT 0.14% Tech Hardware 0% Semiconductors 0% Industry PE Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 29.4x. It looks like they are confident that earnings will grow faster in the future than they have historically. Forecasted Growth Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 73% over the next 5 years. This is better than its past earnings decline of 72% per year. In contrast, the IT industry is expected to see its earnings grow by 11% per year over the next few years. Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
Simply Wall St ™ Simply Wall Street Pty Ltd Level 7, 320 Pitt Street, Sydney
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.