Gigas Hosting, S.A.'s (BME:GIGA) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Jan 29
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Spanish (IBEX) IT Industry Analysis
UpdatedFeb 01, 2026
DataAggregated Company Financials
Companies13
- 7D-0.9%
- 3M7.1%
- 1Y133.9%
- YTD8.2%
Last week, the IT industry hasn't moved much but Global Dominion Access is up 5.1% in that time. The past year has been better, since the industry has gained 135% in that time. Looking forward, earnings are forecast to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Sun, 01 Feb 2026 | €11.6b | €7.0b | €436.5m | 25x | 26.5x | 1.7x |
| Tue, 30 Dec 2025 | €10.2b | €7.2b | €443.7m | 26.6x | 23x | 1.4x |
| Thu, 27 Nov 2025 | €9.9b | €7.2b | €443.7m | 26.1x | 22.3x | 1.4x |
| Sat, 25 Oct 2025 | €9.9b | €7.1b | €437.2m | 27.4x | 22.6x | 1.4x |
| Mon, 22 Sep 2025 | €8.3b | €7.0b | €436.2m | 28.2x | 19x | 1.2x |
| Wed, 20 Aug 2025 | €7.7b | €7.0b | €436.2m | 28.4x | 17.7x | 1.1x |
| Fri, 18 Jul 2025 | €8.7b | €6.9b | €348.8m | 28x | 24.9x | 1.3x |
| Sun, 15 Jun 2025 | €8.2b | €6.9b | €348.8m | 26x | 23.5x | 1.2x |
| Tue, 13 May 2025 | €6.9b | €6.9b | €348.8m | 24.1x | 19.7x | 1x |
| Thu, 10 Apr 2025 | €6.0b | €6.8b | €350.9m | 23.4x | 17x | 0.9x |
| Sat, 08 Mar 2025 | €6.0b | €5.7b | €301.9m | 23.1x | 19.8x | 1x |
| Mon, 03 Feb 2025 | €4.9b | €6.7b | €318.2m | 20.9x | 15.3x | 0.7x |
| Wed, 01 Jan 2025 | €4.6b | €6.7b | €318.2m | 20.9x | 14.4x | 0.7x |
| Fri, 29 Nov 2024 | €4.5b | €6.7b | €318.2m | 21.1x | 14x | 0.7x |
| Sun, 27 Oct 2024 | €4.5b | €6.6b | €300.9m | 20.4x | 15x | 0.7x |
| Tue, 24 Sep 2024 | €4.5b | €6.6b | €302.8m | 21.5x | 14.8x | 0.7x |
| Thu, 22 Aug 2024 | €4.5b | €6.6b | €302.8m | 21.7x | 15x | 0.7x |
| Sat, 20 Jul 2024 | €5.1b | €6.5b | €296.1m | 21.7x | 17.2x | 0.8x |
| Mon, 17 Jun 2024 | €5.2b | €6.5b | €296.1m | 22.8x | 17.6x | 0.8x |
| Wed, 15 May 2024 | €5.2b | €6.3b | €288.9m | 20.9x | 17.9x | 0.8x |
| Fri, 12 Apr 2024 | €4.8b | €6.1b | €272.6m | 22.4x | 17.6x | 0.8x |
| Sun, 10 Mar 2024 | €4.8b | €6.1b | €270.9m | 24.4x | 17.6x | 0.8x |
| Tue, 06 Feb 2024 | €4.5b | €5.9b | €267.6m | 25.9x | 16.8x | 0.8x |
| Thu, 04 Jan 2024 | €4.1b | €5.9b | €267.6m | 25.5x | 15.3x | 0.7x |
| Sat, 02 Dec 2023 | €4.2b | €5.9b | €267.6m | 24.6x | 15.5x | 0.7x |
| Mon, 30 Oct 2023 | €3.8b | €5.8b | €260.5m | 22.9x | 14.7x | 0.7x |
| Wed, 27 Sep 2023 | €3.9b | €5.7b | €258.6m | 23.1x | 15.2x | 0.7x |
| Fri, 25 Aug 2023 | €3.9b | €5.7b | €258.6m | 25x | 14.9x | 0.7x |
| Sun, 23 Jul 2023 | €3.8b | €5.6b | €239.6m | 25x | 16.1x | 0.7x |
| Tue, 20 Jun 2023 | €3.7b | €5.6b | €235.8m | 23.8x | 15.7x | 0.7x |
| Thu, 18 May 2023 | €3.7b | €5.6b | €236.6m | 20.9x | 15.6x | 0.7x |
| Sat, 15 Apr 2023 | €3.8b | €5.5b | €224.9m | 24.8x | 17x | 0.7x |
| Mon, 13 Mar 2023 | €31.0b | €9.9b | €889.6m | 26.3x | 34.8x | 3.1x |
| Wed, 08 Feb 2023 | €31.3b | €9.4b | €698.2m | 24.3x | 44.8x | 3.3x |
Price to Earnings Ratio
44.8x
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 26.4x which is higher than its 3-year average PE of 18.6x.
- The 3-year average PS ratio of 0.98x 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 | 1.75% | |
| Tech | -0.73% | |
| IT | -0.90% | |
| Internet Services and Infrastructure | 2.73% | |
| Data Processing Services | 0% | 0 |
| IT Consulting | -0.91% | |
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 13.9%, 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 14% 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 14% 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 | €9.70 | -6.7% €33.8m | 0% | PE61.7x | |
| DOM Global Dominion Access | €3.48 | 5.1% +€25.5m | 15.0% | PE18.4x | |
| GIGA Gigas Hosting | €3.76 | 2.7% +€1.3m | -38.4% | PS0.6x | |
| ATSI Aplicaciones y Tratamiento de Sistemas | €4.50 | 0.4% +€993.0k | 24.3% | n/a | |
| OPTS Optare Solutions | €7.55 | 2.0% +€528.5k | -5.6% | n/a |
