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Spanish (IBEX) IT Industry Analysis

UpdatedSep 19, 2025
DataAggregated Company Financials
Companies12
  • 7D4.1%
  • 3M2.1%
  • 1Y73.0%
  • YTD72.3%

The IT industry is up 3.7% in the last week, with Indra Sistemas up 4.9%. In the last 12 months, the industry was up 76%. Looking forward, earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

Has the Spanish IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Sep 2025€8.0b€7.0b€436.2m28.2x18.2x1.1x
Sun, 17 Aug 2025€7.9b€7.0b€436.2m28.4x18.1x1.1x
Tue, 15 Jul 2025€8.7b€6.9b€348.8m28.4x25x1.3x
Thu, 12 Jun 2025€8.0b€6.9b€348.8m25.8x22.9x1.2x
Sat, 10 May 2025€7.0b€6.9b€348.8m24.4x20x1x
Mon, 07 Apr 2025€6.3b€6.8b€350.9m24.6x17.8x0.9x
Wed, 05 Mar 2025€5.7b€5.7b€301.9m22.9x19x1x
Fri, 31 Jan 2025€4.9b€6.7b€318.2m20.9x15.3x0.7x
Sun, 29 Dec 2024€4.5b€6.7b€318.2m20.5x14.2x0.7x
Tue, 26 Nov 2024€4.5b€6.7b€318.2m21.5x14x0.7x
Thu, 24 Oct 2024€4.6b€6.6b€301.2m21.9x15.3x0.7x
Sat, 21 Sep 2024€4.5b€6.6b€302.8m21.5x14.8x0.7x
Mon, 19 Aug 2024€4.5b€6.6b€302.8m21.7x14.9x0.7x
Wed, 17 Jul 2024€5.1b€6.5b€296.1m21.2x17.1x0.8x
Fri, 14 Jun 2024€5.4b€6.5b€296.1m22.8x18.1x0.8x
Sun, 12 May 2024€5.1b€6.3b€288.9m21.4x17.8x0.8x
Tue, 09 Apr 2024€4.9b€6.1b€270.9m24.2x18.1x0.8x
Thu, 07 Mar 2024€4.7b€6.1b€271.0m24.1x17.4x0.8x
Sat, 03 Feb 2024€4.5b€5.9b€267.6m25.7x16.7x0.8x
Mon, 01 Jan 2024€4.1b€5.9b€267.6m25.1x15.3x0.7x
Wed, 29 Nov 2023€4.1b€5.9b€267.6m24.6x15.5x0.7x
Fri, 27 Oct 2023€3.8b€5.8b€260.5m22.2x14.7x0.7x
Sun, 24 Sep 2023€4.0b€5.7b€258.6m22.7x15.4x0.7x
Tue, 22 Aug 2023€3.9b€5.7b€258.6m25x15.2x0.7x
Thu, 20 Jul 2023€3.8b€5.6b€236.1m25.3x16.1x0.7x
Sat, 17 Jun 2023€3.8b€5.6b€235.8m23.8x15.9x0.7x
Mon, 15 May 2023€3.7b€5.6b€236.6m20.5x15.5x0.7x
Wed, 12 Apr 2023€3.9b€5.5b€224.9m25.6x17.2x0.7x
Fri, 10 Mar 2023€31.5b€9.9b€889.6m26x35.4x3.2x
Sun, 05 Feb 2023€31.5b€9.4b€698.2m23.7x45.1x3.4x
Tue, 03 Jan 2023€25.8b€9.4b€697.9m22.7x36.9x2.7x
Thu, 01 Dec 2022€26.2b€9.4b€697.9m23x37.5x2.8x
Sat, 29 Oct 2022€26.2b€8.8b€527.9m23.7x49.7x3x
Mon, 26 Sep 2022€23.6b€8.7b€527.4m27.6x44.8x2.7x
Price to Earnings Ratio

44.8x


Total Market Cap: €23.6bTotal Earnings: €527.4mTotal Revenue: €8.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish IT Industry Price to Earnings3Y Average 20.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Spanish IT 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 18.1x which is lower than its 3-year average PE of 20.9x.
  • The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 6.1% per year over the last three years,
  • Revenues have also declined 7.3% 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-1.01%
Tech3.92%
IT4.10%
IT Consulting4.16%
Data Processing Services0%0
Internet Services and Infrastructure-2.91%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.2x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 10% over the next 5 years.
  • This is better than its past earnings decline of 7.2% per year.
  • In contrast, the IT Consulting 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€34.665.1%
+€295.2m
107.5%PE16.1x
DOM Global Dominion Access€3.364.3%
+€21.0m
14.3%PE18.6x
SNG Singular People€2.441.7%
+€2.1m
-20.3%PE23.6x
RDG Redegal€8.203.8%
+€653.3k
n/an/a
SCO Seresco€8.150.6%
+€455.2k
63.0%n/a

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