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Spanish (IBEX) IT Industry Analysis
UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies13
- 7D-3.2%
- 3M8.4%
- 1Y120.7%
- YTD2.6%
Over the last 7 days, the IT industry has dropped 1.6%, driven by Indra Sistemas declining 3.1%. Over the past 12 months, the industry was up 116%. 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 |
|---|---|---|---|---|---|---|
| Thu, 26 Feb 2026 | €11.0b | €7.0b | €436.5m | 23.7x | 25.1x | 1.6x |
| Sat, 24 Jan 2026 | €11.6b | €7.0b | €436.5m | 25.2x | 26.6x | 1.7x |
| Mon, 22 Dec 2025 | €10.4b | €7.2b | €443.7m | 26.6x | 23.3x | 1.4x |
| Wed, 19 Nov 2025 | €10.4b | €7.2b | €443.7m | 25.5x | 23.5x | 1.5x |
| Fri, 17 Oct 2025 | €9.5b | €7.0b | €437.4m | 28.5x | 21.7x | 1.4x |
| Sun, 14 Sep 2025 | €7.8b | €7.0b | €436.2m | 28.2x | 17.9x | 1.1x |
| Tue, 12 Aug 2025 | €8.0b | €7.0b | €436.2m | 28.2x | 18.3x | 1.1x |
| Thu, 10 Jul 2025 | €8.8b | €6.9b | €348.8m | 28x | 25.2x | 1.3x |
| Sat, 07 Jun 2025 | €7.9b | €6.9b | €348.8m | 25.2x | 22.7x | 1.1x |
| Mon, 05 May 2025 | €6.8b | €6.8b | €349.0m | 24.4x | 19.5x | 1x |
| Wed, 02 Apr 2025 | €6.4b | €5.7b | €301.9m | 24.4x | 21.3x | 1.1x |
| Fri, 28 Feb 2025 | €5.2b | €6.9b | €351.7m | 20.9x | 14.9x | 0.8x |
| Sun, 26 Jan 2025 | €4.8b | €6.7b | €318.2m | 21.3x | 15.2x | 0.7x |
| Tue, 24 Dec 2024 | €4.5b | €6.7b | €318.2m | 20.1x | 14x | 0.7x |
| Thu, 21 Nov 2024 | €4.5b | €6.7b | €318.2m | 21.6x | 14x | 0.7x |
| Sat, 19 Oct 2024 | €4.6b | €6.6b | €301.2m | 21.9x | 15.4x | 0.7x |
| Mon, 16 Sep 2024 | €4.6b | €6.6b | €302.8m | 21.2x | 15.1x | 0.7x |
| Wed, 14 Aug 2024 | €4.5b | €6.6b | €302.8m | 21.5x | 14.8x | 0.7x |
| Fri, 12 Jul 2024 | €5.0b | €6.5b | €296.1m | 22.5x | 16.8x | 0.8x |
| Sun, 09 Jun 2024 | €5.5b | €6.3b | €288.9m | 22.1x | 18.9x | 0.9x |
| Tue, 07 May 2024 | €5.1b | €6.1b | €271.4m | 20.9x | 18.7x | 0.8x |
| Thu, 04 Apr 2024 | €4.9b | €6.1b | €270.9m | 23.7x | 18x | 0.8x |
| Sat, 02 Mar 2024 | €4.8b | €6.1b | €271.0m | 25.5x | 17.6x | 0.8x |
| Mon, 29 Jan 2024 | €4.5b | €5.9b | €267.6m | 26.7x | 17x | 0.8x |
| Wed, 27 Dec 2023 | €4.1b | €5.9b | €267.6m | 25.4x | 15.2x | 0.7x |
| Fri, 24 Nov 2023 | €4.2b | €5.9b | €267.6m | 24.6x | 15.6x | 0.7x |
| Sun, 22 Oct 2023 | €3.9b | €5.8b | €260.5m | 24.3x | 14.8x | 0.7x |
| Tue, 19 Sep 2023 | €4.0b | €5.7b | €258.6m | 24.4x | 15.6x | 0.7x |
| Thu, 17 Aug 2023 | €3.9b | €5.7b | €258.6m | 24.7x | 15.2x | 0.7x |
| Sat, 15 Jul 2023 | €3.8b | €5.6b | €236.1m | 25.1x | 15.9x | 0.7x |
| Mon, 12 Jun 2023 | €3.7b | €5.6b | €235.8m | 22.8x | 15.7x | 0.7x |
| Wed, 10 May 2023 | €3.7b | €5.6b | €236.6m | 22.2x | 15.7x | 0.7x |
| Fri, 07 Apr 2023 | €3.9b | €5.5b | €224.9m | 25.6x | 17.2x | 0.7x |
| Sun, 05 Mar 2023 | €31.4b | €9.8b | €862.2m | 24.1x | 36.4x | 3.2x |
Price to Earnings Ratio
36.4x
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 24.8x which is higher than its 3-year average PE of 18.2x.
- The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 21% per year over the last three years,
- Revenues have also declined 11% 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 | 1.18% | |
| Tech | -3.07% | |
| IT | -3.16% | |
| Data Processing Services | 0% | 0 |
| Internet Services and Infrastructure | -1.16% | |
| IT Consulting | -3.17% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 17.4x.
- 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 | |
|---|---|---|---|---|---|
| ATSI Aplicaciones y Tratamiento de Sistemas | €4.52 | 1.3% +€3.0m | 24.9% | n/a |