Header cover image

Spanish (IBEX) Tech Sector Analysis

UpdatedOct 01, 2025
DataAggregated Company Financials
Companies21
  • 7D-0.1%
  • 3M4.0%
  • 1Y79.3%
  • YTD77.1%

In the last week, the Tech industry is up 2.0%, with Indra Sistemas up 0.6%. This takes the industry's 12 month performance to a gain of 83%. As for the next few years, earnings are expected to grow by 12% per annum.

Sector Valuation and Performance

Has the Spanish Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Oct 2025€9.1b€7.5b€440.0m25x20.6x1.2x
Fri, 29 Aug 2025€8.4b€7.5b€444.4m27.2x19x1.1x
Sun, 27 Jul 2025€8.8b€7.6b€437.9m27.8x20.2x1.2x
Tue, 24 Jun 2025€8.1b€7.5b€350.5m23.6x23x1.1x
Thu, 22 May 2025€8.0b€7.5b€333.6m24.9x24.1x1.1x
Sat, 19 Apr 2025€6.9b€7.5b€340.1m30.2x20.2x0.9x
Mon, 17 Mar 2025€6.6b€6.3b€290.8m30.4x22.5x1x
Wed, 12 Feb 2025€5.0b€7.3b€301.1m21.8x16.6x0.7x
Fri, 10 Jan 2025€5.1b€7.3b€301.1m20.4x17.1x0.7x
Sun, 08 Dec 2024€5.0b€7.3b€301.1m21.8x16.6x0.7x
Tue, 05 Nov 2024€4.8b€7.3b€295.8m23.6x16.3x0.7x
Thu, 03 Oct 2024€4.9b€7.2b€286.5m21.3x17.1x0.7x
Sat, 31 Aug 2024€5.0b€7.2b€287.4m21.1x17.3x0.7x
Mon, 29 Jul 2024€5.4b€7.1b€285.4m22.2x18.9x0.8x
Wed, 26 Jun 2024€5.5b€7.0b€285.1m26.5x19.4x0.8x
Fri, 24 May 2024€5.7b€6.8b€279.6m22.7x20.3x0.8x
Sun, 21 Apr 2024€5.0b€6.6b€268.1m22.9x18.7x0.8x
Tue, 19 Mar 2024€5.2b€6.7b€259.0m23.9x20.3x0.8x
Thu, 15 Feb 2024€4.8b€6.5b€256.6m26x18.7x0.7x
Sat, 13 Jan 2024€4.7b€6.5b€256.6m27.1x18.3x0.7x
Mon, 11 Dec 2023€4.5b€6.5b€257.9m25.9x17.5x0.7x
Wed, 08 Nov 2023€4.3b€6.5b€249.5m29.1x17.1x0.7x
Fri, 06 Oct 2023€4.2b€6.3b€239.4m34.8x17.4x0.7x
Sun, 03 Sep 2023€4.3b€6.3b€239.4m41.2x17.9x0.7x
Tue, 01 Aug 2023€4.3b€6.3b€239.4m44.7x18x0.7x
Thu, 29 Jun 2023€3.9b€6.2b€215.8m39.6x18.3x0.6x
Sat, 27 May 2023€4.1b€6.1b€215.9m34.6x18.8x0.7x
Mon, 24 Apr 2023€4.2b€6.0b€209.1m38.2x19.9x0.7x
Wed, 22 Mar 2023€4.1b€6.0b€203.9m26.2x20.3x0.7x
Fri, 17 Feb 2023€30.3b€9.9b€683.7m25.8x44.3x3x
Sun, 15 Jan 2023€30.0b€9.9b€685.6m35.8x43.7x3x
Tue, 13 Dec 2022€26.6b€9.9b€686.5m23.3x38.8x2.7x
Thu, 10 Nov 2022€27.0b€9.9b€714.0m24.6x37.8x2.7x
Sat, 08 Oct 2022€25.5b€9.3b€530.5m21.3x48.1x2.8x
Price to Earnings Ratio

48.1x


Total Market Cap: €25.5bTotal Earnings: €530.5mTotal Revenue: €9.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Tech Sector Price to Earnings3Y Average 22.6x202320242025
Current Industry PE
  • Investors are relatively neutral on the Spanish Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 22.7x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 6.1% per year over the last three years,
  • Revenues have also declined 6.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Spanish Tech sector?

ES Market1.96%
Tech-0.13%
Electronic Equipment and Components13.44%
IT0.022%
Semiconductors0%0
Software-1.65%
Communications-3.51%
Industry PE
  • Investors are most optimistic about the Communications industry even though it's trading below its 3-year average PE ratio of 123x.
    • Analysts are expecting annual earnings growth of 30.8% and investors are willing to pay a premium for that growth.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 90% over the next 5 years.
  • In contrast, the IT industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
IDR Indra Sistemas€38.100.6%
+€42.2m
131.2%PE17.7x
RSS Revenga Ingenieros€1.2425.3%
+€2.8m
-59.7%n/a
OPTS Optare Solutions€7.456.4%
+€1.6m
-4.5%n/a
AGIL Agile Content€2.061.0%
+€457.1k
-42.1%PS0.6x
RDG Redegal€8.402.4%
+€435.5k
n/an/a

Latest News