Spanish (IBEX) IT Industry Analysis

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
Fri, 31 Jan 2025	€4.9b	€6.7b	€318.2m	21.3x	15.3x	0.7x
Sun, 29 Dec 2024	€4.5b	€6.7b	€318.2m	20.5x	14.2x	0.7x
Tue, 26 Nov 2024	€4.5b	€6.7b	€318.2m	21.5x	14x	0.7x
Thu, 24 Oct 2024	€4.6b	€6.6b	€301.2m	21.9x	15.3x	0.7x
Sat, 21 Sep 2024	€4.5b	€6.6b	€302.8m	21.5x	14.8x	0.7x
Mon, 19 Aug 2024	€4.5b	€6.6b	€302.8m	21.7x	14.9x	0.7x
Wed, 17 Jul 2024	€5.1b	€6.5b	€296.1m	21.2x	17.1x	0.8x
Fri, 14 Jun 2024	€5.4b	€6.5b	€296.1m	22.8x	18.1x	0.8x
Sun, 12 May 2024	€5.1b	€6.3b	€288.9m	21.4x	17.8x	0.8x
Tue, 09 Apr 2024	€4.9b	€6.1b	€270.9m	24.2x	18.1x	0.8x
Thu, 07 Mar 2024	€4.7b	€6.1b	€271.0m	24.1x	17.4x	0.8x
Sat, 03 Feb 2024	€4.5b	€5.9b	€267.6m	25.7x	16.7x	0.8x
Mon, 01 Jan 2024	€4.1b	€5.9b	€267.6m	25.1x	15.3x	0.7x
Wed, 29 Nov 2023	€4.1b	€5.9b	€267.6m	24.6x	15.5x	0.7x
Fri, 27 Oct 2023	€3.8b	€5.8b	€260.5m	22.2x	14.7x	0.7x
Sun, 24 Sep 2023	€4.0b	€5.7b	€258.6m	22.7x	15.4x	0.7x
Tue, 22 Aug 2023	€3.9b	€5.7b	€258.6m	25x	15.2x	0.7x
Thu, 20 Jul 2023	€3.8b	€5.6b	€236.1m	25.3x	16.1x	0.7x
Sat, 17 Jun 2023	€3.8b	€5.6b	€235.8m	23.8x	15.9x	0.7x
Mon, 15 May 2023	€3.7b	€5.6b	€236.6m	20.5x	15.5x	0.7x
Wed, 12 Apr 2023	€3.9b	€5.5b	€224.9m	25.6x	17.2x	0.7x
Fri, 10 Mar 2023	€31.5b	€9.9b	€889.6m	26x	35.4x	3.2x
Sun, 05 Feb 2023	€31.5b	€9.4b	€698.2m	23.7x	45.1x	3.4x
Tue, 03 Jan 2023	€25.8b	€9.4b	€697.9m	22.7x	36.9x	2.7x
Thu, 01 Dec 2022	€26.2b	€9.4b	€697.9m	23x	37.5x	2.8x
Sat, 29 Oct 2022	€26.2b	€8.8b	€527.9m	23.7x	49.7x	3x
Mon, 26 Sep 2022	€23.6b	€8.7b	€527.4m	27.6x	44.8x	2.7x
Wed, 24 Aug 2022	€27.8b	€8.7b	€527.4m	28.6x	52.7x	3.2x
Fri, 22 Jul 2022	€28.1b	€8.1b	€247.2m	26.3x	113.7x	3.5x
Sun, 19 Jun 2022	€26.9b	€8.0b	€244.8m	36x	109.9x	3.3x
Tue, 17 May 2022	€29.6b	€8.0b	€245.2m	52.7x	120.9x	3.7x
Thu, 14 Apr 2022	€28.5b	€7.5b	€54.7m	34.1x	520.1x	3.8x
Sat, 12 Mar 2022	€26.8b	€7.5b	€55.6m	33.5x	480.9x	3.6x
Mon, 07 Feb 2022	€30.7b	€7.0b	-€266,723,914.00	40.1x	-115x	4.4x

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 15.3x which is lower than its 3-year average PE of 59.3x.

The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 0.73x.

Past Earnings Growth

Total earnings for the IT industry have gone up over the last three years, and the industry is now profitable.
Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Spanish Tech industry?


ES Market	3.19%
Tech	-1.94%
IT	-2.04%
Internet Services and Infrastructure	1.59%
Data Processing Services	0%	0
IT Consulting	-2.10%

Industry PE

Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 15.3x.

Analysts are expecting annual earnings growth of 12.8%, which is higher than its past year's earnings growth of 9.9% per year.

Forecasted Growth

Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 13% over the next 5 years.
This is better than its past earnings growth rate of 9.9% per year.