Analysis Article • Jul 26
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- 7D7.1%
- 3M3.8%
- 1Y31.0%
- YTD4.1%
The IT industry is up 7.1% in the last week, with Indra Sistemas up 8.9%. In the last 12 months, the industry was up 31%. Earnings are forecast to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Mon, 27 Jul 2026 | €11.1b | €8.3b | €486.1m | 21.5x | 22.8x | 1.3x |
| Wed, 24 Jun 2026 | €11.2b | €7.8b | €498.4m | 20.6x | 22.4x | 1.4x |
| Fri, 22 May 2026 | €10.9b | €7.5b | €487.4m | 23.1x | 22.4x | 1.5x |
| Sun, 19 Apr 2026 | €11.6b | €7.2b | €465.1m | 31x | 24.9x | 1.6x |
| Tue, 17 Mar 2026 | €12.2b | €7.2b | €476.1m | 27.8x | 25.6x | 1.7x |
| Thu, 12 Feb 2026 | €11.1b | €7.0b | €436.5m | 23.8x | 25.4x | 1.6x |
| Sat, 10 Jan 2026 | €12.2b | €7.0b | €436.5m | 26.8x | 28x | 1.7x |
| Mon, 08 Dec 2025 | €10.2b | €7.2b | €443.7m | 26.7x | 22.9x | 1.4x |
| Wed, 05 Nov 2025 | €10.8b | €7.2b | €443.7m | 27.8x | 24.3x | 1.5x |
| Fri, 03 Oct 2025 | €8.8b | €7.0b | €437.4m | 26.7x | 20x | 1.3x |
| Sun, 31 Aug 2025 | €7.9b | €7.0b | €436.2m | 28.7x | 18.2x | 1.1x |
| Tue, 29 Jul 2025 | €8.2b | €7.0b | €436.2m | 28.4x | 18.9x | 1.2x |
| Thu, 26 Jun 2025 | €7.5b | €6.9b | €348.8m | 25.9x | 21.6x | 1.1x |
| Sat, 24 May 2025 | €7.8b | €6.9b | €348.8m | 24.1x | 22.3x | 1.1x |
| Mon, 21 Apr 2025 | €6.5b | €6.8b | €351.2m | 23.9x | 18.4x | 0.9x |
| Wed, 19 Mar 2025 | €6.3b | €5.7b | €301.9m | 23.6x | 21x | 1.1x |
| Fri, 14 Feb 2025 | €4.6b | €6.7b | €318.2m | 21.1x | 14.4x | 0.7x |
| Sun, 12 Jan 2025 | €4.7b | €6.7b | €318.2m | 20x | 14.8x | 0.7x |
| Tue, 10 Dec 2024 | €4.6b | €6.7b | €318.2m | 20.9x | 14.5x | 0.7x |
| Thu, 07 Nov 2024 | €4.4b | €6.7b | €312.9m | 25.9x | 14.2x | 0.7x |
| Sat, 05 Oct 2024 | €4.7b | €6.6b | €301.9m | 21.5x | 15.5x | 0.7x |
| Mon, 02 Sep 2024 | €4.6b | €6.6b | €302.8m | 21.7x | 15.1x | 0.7x |
| Wed, 31 Jul 2024 | €4.9b | €6.5b | €295.7m | 22.5x | 16.7x | 0.8x |
| Fri, 28 Jun 2024 | €5.0b | €6.5b | €296.1m | 21.8x | 17x | 0.8x |
| Sun, 26 May 2024 | €5.3b | €6.3b | €288.9m | 21.4x | 18.3x | 0.8x |
| Tue, 23 Apr 2024 | €4.7b | €6.1b | €272.6m | 22.2x | 17.2x | 0.8x |
| Thu, 21 Mar 2024 | €4.8b | €6.1b | €270.9m | 24.4x | 17.8x | 0.8x |
| Sat, 17 Feb 2024 | €4.5b | €5.9b | €267.6m | 25.9x | 16.6x | 0.8x |
| Mon, 15 Jan 2024 | €4.3b | €5.9b | €267.6m | 27.1x | 16.2x | 0.7x |
| Wed, 13 Dec 2023 | €4.1b | €5.9b | €267.6m | 24.3x | 15.2x | 0.7x |
| Fri, 10 Nov 2023 | €4.0b | €5.9b | €267.6m | 25.4x | 14.8x | 0.7x |
| Sun, 08 Oct 2023 | €3.9b | €5.8b | €258.7m | 24.5x | 14.9x | 0.7x |
| Tue, 05 Sep 2023 | €3.9b | €5.7b | €258.6m | 25x | 15.2x | 0.7x |
| Thu, 03 Aug 2023 | €4.0b | €5.7b | €258.6m | 25.2x | 15.4x | 0.7x |
Price to Earnings Ratio
15.4x
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 22.8x which is higher than its 3-year average PE of 18.7x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Spanish Tech industry?
| ES Market | 1.92% | |
| Tech | 6.14% | |
| IT | 7.09% | |
| IT Consulting | 7.14% | |
| Data Processing Services | 0% | 0 |
| Internet Services and Infrastructure | -5.83% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 18.3x.
- Analysts are expecting annual earnings growth of 16.7%, which is higher than its past year's earnings growth of 13.4% per year.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 17% 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 | €53.36 | 7.3% +€605.5m | 48.1% | PE21.2x | |
| RDG Redegal | €0.92 | 3.4% +€653.3k | 4.0% | n/a | |
| SCO Seresco | €5.65 | 0.9% +€455.2k | -31.1% | n/a |