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Spanish (IBEX) Software Industry Analysis

UpdatedFeb 18, 2026
DataAggregated Company Financials
Companies4
  • 7D1.7%
  • 3M1.2%
  • 1Y-3.0%
  • YTD-3.0%

The Software industry is up 1.7% in the last week, with Soluciones Cuatroochenta up 4.7%. During this same period, the Substrate Artificial Inteligence underperformed, falling 7.3%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 90% per annum.

Industry Valuation and Performance

Has the Spanish Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Feb 2026€167.8m€138.5m-€1,292,087.001.4x-129.9x1.2x
Fri, 16 Jan 2026€175.2m€138.5m-€1,292,087.001.5x-135.6x1.3x
Sun, 14 Dec 2025€158.8m€136.4m-€1,488,272.001.7x-106.7x1.2x
Tue, 11 Nov 2025€167.0m€136.4m-€1,488,272.002x-112.2x1.2x
Thu, 09 Oct 2025€170.9m€135.5m-€2,515,640.001.7x-67.9x1.3x
Sat, 06 Sep 2025€172.6m€135.0m-€3,961,070.001.9x-43.6x1.3x
Mon, 04 Aug 2025€173.0m€135.0m-€3,961,070.002x-43.7x1.3x
Wed, 02 Jul 2025€185.4m€135.0m-€3,961,070.002x-46.8x1.4x
Fri, 30 May 2025€177.1m€135.0m-€3,961,070.001.9x-44.7x1.3x
Sun, 27 Apr 2025€163.4m€138.3m-€15,325,735.00n/a-10.7x1.2x
Tue, 25 Mar 2025€176.0m€138.2m-€15,325,728.00n/a-11.5x1.3x
Thu, 20 Feb 2025€156.4m€138.2m-€15,325,728.00n/a-10.2x1.1x
Sat, 18 Jan 2025€182.2m€160.0m-€13,619,123.0017.2x-13.4x1.1x
Mon, 16 Dec 2024€175.7m€160.0m-€13,619,123.0017x-12.9x1.1x
Wed, 13 Nov 2024€187.6m€160.0m-€13,619,123.0015.3x-13.8x1.2x
Fri, 11 Oct 2024€172.5m€162.3m-€11,312,703.001607.8x-15.2x1.1x
Sun, 08 Sep 2024€186.2m€162.3m-€11,312,703.001794.1x-16.5x1.1x
Tue, 06 Aug 2024€185.1m€162.3m-€11,312,703.001783.6x-16.4x1.1x
Thu, 04 Jul 2024€239.5m€162.3m-€11,312,703.001970.7x-21.2x1.5x
Sat, 01 Jun 2024€156.1m€57.3m-€10,173,338.0028.4x-15.3x2.7x
Mon, 29 Apr 2024€141.7m€54.7m-€5,397,999.0025.7x-26.3x2.6x
Wed, 27 Mar 2024€234.4m€183.9m-€12,778,030.0021.5x-18.3x1.3x
Fri, 23 Feb 2024€205.4m€163.4m-€13,856,319.00n/a-14.8x1.3x
Sun, 21 Jan 2024€207.0m€163.4m-€13,856,319.00n/a-14.9x1.3x
Tue, 19 Dec 2023€203.9m€180.9m-€12,841,482.0018.3x-15.9x1.1x
Thu, 16 Nov 2023€212.0m€177.3m-€21,208,975.0030.4x-10x1.2x
Sat, 14 Oct 2023€196.7m€172.7m-€21,502,441.0028.7x-9.1x1.1x
Mon, 11 Sep 2023€210.5m€172.7m-€21,502,441.0030x-9.8x1.2x
Wed, 09 Aug 2023€217.1m€172.7m-€21,502,441.0030.2x-10.1x1.3x
Fri, 07 Jul 2023€210.2m€155.2m-€22,517,278.0039.6x-9.3x1.4x
Sun, 04 Jun 2023€208.9m€155.2m-€22,494,943.0039.1x-9.3x1.3x
Tue, 02 May 2023€222.8m€131.9m-€23,686,825.00849.8x-9.4x1.7x
Thu, 30 Mar 2023€227.3m€130.0m-€22,734,481.00769.4x-10x1.7x
Sat, 25 Feb 2023€237.9m€130.0m-€22,734,481.00769.3x-10.5x1.8x
Price to Earnings Ratio

-10.5x


Total Market Cap: €237.9mTotal Earnings: -€22,734,481.00Total Revenue: €130.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Software Industry Price to Earnings3Y Average -29.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Spanish Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Software industry have improved over the last three years.
  • Revenues for these companies have grown 2.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

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

ES Market-0.76%
Tech2.51%
Software1.72%
Application Software1.72%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 90% over the next 5 years.
    • In contrast, the Application Software industry is expected to see its earnings grow by 90% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    480S Soluciones Cuatroochenta€15.704.7%
    +€1.9m
    15.4%n/a
    FACE Facephi Biometria€2.432.1%
    +€1.3m
    18.0%PS1.9x
    AGIL Agile Content€2.180.9%
    +€457.1k
    -15.5%PS0.6x