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
UpdatedJan 29, 2026
DataAggregated Company Financials
Companies13
- 7D0.9%
- 3M9.4%
- 1Y134.6%
- YTD7.9%
Over the last 7 days, the IT industry has dropped 1.1%, driven by a pullback from izertis of 2.4%. In the past year, the industry has gained 138%. As for the next few years, earnings are expected to grow by 14% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 29 Jan 2026 | €11.5b | €7.0b | €436.5m | 24.8x | 26.3x | 1.6x |
| Sat, 27 Dec 2025 | €10.2b | €7.2b | €443.7m | 26.5x | 23x | 1.4x |
| Mon, 24 Nov 2025 | €9.7b | €7.2b | €443.7m | 26.1x | 21.9x | 1.4x |
| Wed, 22 Oct 2025 | €9.3b | €7.0b | €435.9m | 27.5x | 21.3x | 1.3x |
| Fri, 19 Sep 2025 | €8.0b | €7.0b | €436.2m | 28.2x | 18.2x | 1.1x |
| Sun, 17 Aug 2025 | €7.9b | €7.0b | €436.2m | 28.4x | 18.1x | 1.1x |
| Tue, 15 Jul 2025 | €8.7b | €6.9b | €348.8m | 28.4x | 25x | 1.3x |
| Thu, 12 Jun 2025 | €8.0b | €6.9b | €348.8m | 25.8x | 22.9x | 1.2x |
| Sat, 10 May 2025 | €7.0b | €6.9b | €348.8m | 24.4x | 20x | 1x |
| Mon, 07 Apr 2025 | €6.3b | €6.8b | €350.9m | 24.6x | 17.8x | 0.9x |
| Wed, 05 Mar 2025 | €5.7b | €5.7b | €301.9m | 22.9x | 19x | 1x |
| Fri, 31 Jan 2025 | €4.9b | €6.7b | €318.2m | 20.9x | 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 |
Price to Earnings Ratio
45.1x
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 | 0.82% | |
| Tech | 0.99% | |
| IT | 0.88% | |
| Internet Services and Infrastructure | 3.30% | |
| IT Consulting | 0.87% | |
| Data Processing Services | 0% | 0 |
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 13.7%, 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 | |
|---|---|---|---|---|---|
| IDR Indra Sistemas | €54.30 | 0.8% +€79.1m | 193.8% | PE24.8x | |
| DOM Global Dominion Access | €3.43 | 7.4% +€35.2m | 11.4% | PE18.1x | |
| GIGA Gigas Hosting | €3.76 | 3.3% +€1.5m | -41.3% | PS0.6x | |
| RDG Redegal | €7.20 | 7.5% +€1.1m | -12.7% | n/a | |
| ATSI Aplicaciones y Tratamiento de Sistemas | €4.48 | 0.4% +€993.0k | 25.1% | n/a |
