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Spanish (IBEX) IT Industry Analysis

UpdatedMar 23, 2023
DataAggregated Company Financials
  • 7D2.8%
  • 3M7.5%
  • 1Y10.1%
  • YTD4.0%

Over the last 7 days, the IT industry has risen 2.8%, driven by gains from Indra Sistemas of 4.9%. This takes the industry's 12 month performance to a gain of 10%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 Mar 2023€3.7b€5.5b€224.9m24.7x16.5x0.7x
Sat, 18 Feb 2023€29.4b€9.4b€698.2m24.7x42.1x3.1x
Mon, 16 Jan 2023€29.4b€9.4b€698.2m23.3x42.2x3.1x
Wed, 14 Dec 2022€27.3b€9.4b€697.9m22.8x39.1x2.9x
Fri, 11 Nov 2022€26.6b€9.4b€711.5m23x37.4x2.8x
Sun, 09 Oct 2022€25.1b€8.7b€527.8m27.2x47.6x2.9x
Tue, 06 Sep 2022€26.1b€8.7b€527.4m28.3x49.5x3x
Thu, 04 Aug 2022€28.6b€8.7b€527.4m27.1x54.1x3.3x
Sat, 02 Jul 2022€26.9b€8.1b€247.2m26.7x108.7x3.3x
Mon, 30 May 2022€30.4b€8.0b€245.2m51.2x124x3.8x
Wed, 27 Apr 2022€29.6b€7.5b€51.9m35.6x571x3.9x
Fri, 25 Mar 2022€28.7b€7.5b€55.6m32.9x516.5x3.8x
Sun, 20 Feb 2022€30.7b€7.0b-€266,723,914.0037.8x-115.2x4.4x
Tue, 18 Jan 2022€32.0b€7.0b-€266,723,914.0035x-120.2x4.6x
Thu, 16 Dec 2021€27.8b€7.0b-€271,342,397.0021.7x-102.3x4x
Sat, 13 Nov 2021€31.3b€7.0b-€271,342,397.0024.8x-115.3x4.5x
Mon, 11 Oct 2021€29.1b€6.6b-€467,628,610.0024.1x-62.3x4.4x
Wed, 08 Sep 2021€26.6b€6.6b-€470,407,763.0027.6x-56.6x4.1x
Fri, 06 Aug 2021€27.1b€6.6b-€470,407,763.0027x-57.7x4.1x
Mon, 10 May 2021€28.2b€6.0b-€859,289,263.0031x-32.8x4.7x
Sun, 31 Jan 2021€26.0b€6.5b-€671,256,763.0050.3x-38.7x4x
Wed, 04 Nov 2020€20.2b€7.4b-€81,498,404.0031.2x-247.3x2.7x
Sat, 08 Aug 2020€20.9b€8.5b€363.8m59.1x57.5x2.5x
Fri, 01 May 2020€21.9b€9.7b€1.1b22.5x20.3x2.2x
Price to Earnings Ratio


Total Market Cap: €20.6bTotal Earnings: €1.1bTotal Revenue: €9.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish IT Industry Price to Earnings3Y Average 9.6x202120222023
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 16.5x which is higher than its 3-year average PE of 9.6x.
  • The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 41% per year over the last three years,
  • Revenues have also declined 18% 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 Market2.63%
Internet Services and Infrastructure4.63%
IT Consulting2.71%
Data Processing Services0%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 4.8x.
    • Analysts are expecting annual earnings growth of 12.5%, which is higher than its past year's earnings decline of 2.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings decline of 2.4% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 12% 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€12.066.1%
ALC Altia Consultores€34.603.0%
GIGA Gigas Hosting€8.584.6%
DOM Global Dominion Access€3.570.6%
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