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Spanish (IBEX) IT Industry Analysis
UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies13
- 7D0.5%
- 3M3.9%
- 1Y127.9%
- YTD2.1%
In the last week, the IT industry is up 3.3%, with Indra Sistemas up 4.0%. In the last 12 months, the industry was up 134%. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Spanish IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 16 Feb 2026 | €10.9b | €7.0b | €436.5m | 23.4x | 25x | 1.6x |
| Wed, 14 Jan 2026 | €12.1b | €7.0b | €436.5m | 26.5x | 27.7x | 1.7x |
| Fri, 12 Dec 2025 | €10.5b | €7.2b | €443.7m | 27.3x | 23.8x | 1.5x |
| Sun, 09 Nov 2025 | €10.3b | €7.2b | €443.7m | 26.7x | 23.3x | 1.4x |
| Tue, 07 Oct 2025 | €8.6b | €7.0b | €437.4m | 26.4x | 19.8x | 1.2x |
| Thu, 04 Sep 2025 | €7.7b | €7.0b | €436.2m | 28.7x | 17.7x | 1.1x |
| Sat, 02 Aug 2025 | €8.2b | €7.0b | €436.2m | 28.2x | 18.7x | 1.2x |
| Mon, 30 Jun 2025 | €8.0b | €6.9b | €348.8m | 25.9x | 22.8x | 1.2x |
| Wed, 28 May 2025 | €8.1b | €6.9b | €348.8m | 24.3x | 23.1x | 1.2x |
| Fri, 25 Apr 2025 | €6.5b | €6.8b | €351.2m | 23.8x | 18.4x | 0.9x |
| Sun, 23 Mar 2025 | €6.3b | €5.7b | €301.9m | 24.5x | 20.8x | 1.1x |
| Tue, 18 Feb 2025 | €4.7b | €6.7b | €318.2m | 20.4x | 14.8x | 0.7x |
| Thu, 16 Jan 2025 | €4.7b | €6.7b | €318.2m | 20.4x | 14.7x | 0.7x |
| Sat, 14 Dec 2024 | €4.6b | €6.7b | €318.2m | 20.8x | 14.4x | 0.7x |
| Mon, 11 Nov 2024 | €4.5b | €6.7b | €312.9m | 25x | 14.4x | 0.7x |
| Wed, 09 Oct 2024 | €4.6b | €6.6b | €301.9m | 21.9x | 15.3x | 0.7x |
| Fri, 06 Sep 2024 | €4.5b | €6.6b | €302.8m | 21.5x | 14.9x | 0.7x |
| Sun, 04 Aug 2024 | €4.7b | €6.6b | €302.7m | 21.5x | 15.7x | 0.7x |
| Tue, 02 Jul 2024 | €5.1b | €6.5b | €296.1m | 21.9x | 17.1x | 0.8x |
| Thu, 30 May 2024 | €5.3b | €6.3b | €288.9m | 21.4x | 18.3x | 0.8x |
| Sat, 27 Apr 2024 | €4.8b | €6.1b | €274.2m | 21.4x | 17.4x | 0.8x |
| Mon, 25 Mar 2024 | €4.8b | €6.1b | €270.9m | 24.3x | 17.7x | 0.8x |
| Wed, 21 Feb 2024 | €4.4b | €5.9b | €267.6m | 25.9x | 16.5x | 0.7x |
| Fri, 19 Jan 2024 | €4.4b | €5.9b | €267.6m | 27.2x | 16.6x | 0.7x |
| Sun, 17 Dec 2023 | €4.1b | €5.9b | €267.6m | 25.3x | 15.2x | 0.7x |
| Tue, 14 Nov 2023 | €4.0b | €5.9b | €267.6m | 24.4x | 15x | 0.7x |
| Thu, 12 Oct 2023 | €3.9b | €5.8b | €258.7m | 24.1x | 15.2x | 0.7x |
| Sat, 09 Sep 2023 | €4.0b | €5.7b | €258.6m | 24.6x | 15.4x | 0.7x |
| Mon, 07 Aug 2023 | €4.0b | €5.7b | €258.6m | 25.3x | 15.3x | 0.7x |
| Wed, 05 Jul 2023 | €3.7b | €5.6b | €235.8m | 23x | 15.6x | 0.7x |
| Fri, 02 Jun 2023 | €3.8b | €5.6b | €236.6m | 22.1x | 15.9x | 0.7x |
| Sun, 30 Apr 2023 | €3.8b | €5.5b | €230.8m | 25.6x | 16.3x | 0.7x |
| Tue, 28 Mar 2023 | €3.7b | €5.5b | €224.9m | 24.3x | 16.7x | 0.7x |
| Thu, 23 Feb 2023 | €28.5b | €9.4b | €698.2m | 24.4x | 40.9x | 3x |
Price to Earnings Ratio
40.9x
Current Industry PE
- Investors are optimistic on the Spanish IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 25.0x which is higher than its 3-year average PE of 18.3x.
- The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 14% per year over the last three years,
- Revenues have also declined 9.4% 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 industry?
| ES Market | -2.29% | |
| Tech | 0.48% | |
| IT | 0.51% | |
| IT Consulting | 0.53% | |
| Data Processing Services | 0% | 0 |
| Internet Services and Infrastructure | -4.44% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 17.3x.
- Analysts are expecting annual earnings growth of 14.8%, which is higher than its past year's earnings growth of 0.5% per year.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 15% over the next 5 years.
- This is better than its past earnings growth rate of 0.5% per year.
- 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 | |
|---|---|---|---|---|---|
| IDR Indra Sistemas | €51.10 | 0.8% +€70.3m | 189.2% | PE23.4x | |
| ATSI Aplicaciones y Tratamiento de Sistemas | €4.42 | 0.9% +€2.0m | 20.8% | n/a | |
| OPTS Optare Solutions | €7.45 | 2.8% +€704.7k | -9.1% | n/a | |
| RDG Redegal | €7.00 | 0.7% +€108.9k | -25.5% | n/a |