Gigas Hosting, S.A.'s (BME:GIGA) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
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Spanish (IBEX) IT Industry Analysis
UpdatedFeb 04, 2026
DataAggregated Company Financials
Companies13
- 7D-7.9%
- 3M0.7%
- 1Y129.9%
- YTD-0.1%
Over the last 7 days, the IT industry has dropped 7.9%, driven by a pullback from Indra Sistemas of 9.3%. In the past year, the industry has gained 130%. 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 |
|---|---|---|---|---|---|---|
| Wed, 04 Feb 2026 | €10.7b | €7.0b | €436.5m | 22.7x | 24.4x | 1.5x |
| Fri, 02 Jan 2026 | €10.4b | €7.0b | €436.5m | 22.2x | 23.9x | 1.5x |
| Sun, 30 Nov 2025 | €9.9b | €7.2b | €443.7m | 25.8x | 22.4x | 1.4x |
| Tue, 28 Oct 2025 | €10.5b | €7.1b | €437.2m | 27.2x | 24.1x | 1.5x |
| Thu, 25 Sep 2025 | €8.8b | €7.0b | €436.2m | 28x | 20.2x | 1.3x |
| Sat, 23 Aug 2025 | €7.8b | €7.0b | €436.2m | 28.7x | 18x | 1.1x |
| Mon, 21 Jul 2025 | €8.7b | €6.9b | €348.8m | 28x | 25x | 1.3x |
| Wed, 18 Jun 2025 | €8.1b | €6.9b | €348.8m | 26x | 23.2x | 1.2x |
| Fri, 16 May 2025 | €7.1b | €6.9b | €348.8m | 24x | 20.3x | 1x |
| Sun, 13 Apr 2025 | €6.2b | €6.8b | €351.2m | 24.1x | 17.7x | 0.9x |
| Tue, 11 Mar 2025 | €6.0b | €5.7b | €301.9m | 23.1x | 19.8x | 1.1x |
| Thu, 06 Feb 2025 | €4.6b | €6.7b | €318.2m | 21.3x | 14.4x | 0.7x |
| Sat, 04 Jan 2025 | €4.7b | €6.7b | €318.2m | 20.5x | 14.7x | 0.7x |
| Mon, 02 Dec 2024 | €4.5b | €6.7b | €318.2m | 21.5x | 14.1x | 0.7x |
| Wed, 30 Oct 2024 | €4.5b | €6.6b | €300.9m | 20.2x | 15.1x | 0.7x |
| Fri, 27 Sep 2024 | €4.5b | €6.6b | €302.8m | 21.7x | 15x | 0.7x |
| Sun, 25 Aug 2024 | €4.5b | €6.6b | €302.8m | 21.7x | 15x | 0.7x |
| Tue, 23 Jul 2024 | €5.2b | €6.5b | €296.1m | 22.2x | 17.4x | 0.8x |
| Thu, 20 Jun 2024 | €5.3b | €6.5b | €296.1m | 22.8x | 17.8x | 0.8x |
| Sat, 18 May 2024 | €5.2b | €6.3b | €288.9m | 21.1x | 18.1x | 0.8x |
| Mon, 15 Apr 2024 | €4.8b | €6.1b | €272.6m | 22.6x | 17.7x | 0.8x |
| Wed, 13 Mar 2024 | €4.7b | €6.1b | €270.9m | 24.2x | 17.5x | 0.8x |
| Fri, 09 Feb 2024 | €4.5b | €5.9b | €267.6m | 26.1x | 16.8x | 0.8x |
| Sun, 07 Jan 2024 | €4.1b | €5.9b | €267.6m | 26.1x | 15.3x | 0.7x |
| Tue, 05 Dec 2023 | €4.2b | €5.9b | €267.6m | 25.5x | 15.6x | 0.7x |
| Thu, 02 Nov 2023 | €3.9b | €5.8b | €260.5m | 23.5x | 14.9x | 0.7x |
| Sat, 30 Sep 2023 | €4.0b | €5.7b | €258.6m | 23.6x | 15.3x | 0.7x |
| Mon, 28 Aug 2023 | €3.9b | €5.7b | €258.6m | 25x | 15x | 0.7x |
| Wed, 26 Jul 2023 | €3.8b | €5.6b | €239.6m | 25.3x | 15.9x | 0.7x |
| Fri, 23 Jun 2023 | €3.7b | €5.6b | €235.8m | 22.9x | 15.5x | 0.7x |
| Sun, 21 May 2023 | €3.7b | €5.6b | €236.6m | 21.9x | 15.8x | 0.7x |
| Tue, 18 Apr 2023 | €3.8b | €5.5b | €224.9m | 24x | 16.9x | 0.7x |
| Thu, 16 Mar 2023 | €29.8b | €9.9b | €889.6m | 25.6x | 33.5x | 3x |
| Sat, 11 Feb 2023 | €29.8b | €9.4b | €698.2m | 24.1x | 42.7x | 3.2x |
Price to Earnings Ratio
42.7x
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 24.4x which is higher than its 3-year average PE of 18.5x.
- The 3-year average PS ratio of 0.97x 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 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 | 1.45% | |
| Tech | -7.71% | |
| IT | -7.87% | |
| Internet Services and Infrastructure | 3.78% | |
| Data Processing Services | 0% | 0 |
| IT Consulting | -7.92% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 17.2x.
- 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 | |
|---|---|---|---|---|---|
| IZER izertis | €9.60 | -6.8% €33.2m | 0.2% | PE61.1x | |
| DOM Global Dominion Access | €3.41 | 1.6% +€8.2m | 10.9% | PE18x | |
| ALC Altia Consultores | €7.10 | 0.7% +€3.4m | 56.4% | PE31.6x | |
| GIGA Gigas Hosting | €3.84 | 3.8% +€1.8m | -35.5% | PS0.6x | |
| OPTS Optare Solutions | €7.55 | 2.0% +€528.5k | -3.2% | n/a |
