TIER 1 Technology, S.A.'s (BME:TR1) Low P/E No Reason For Excitement
Nov 21
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Spanish (IBEX) Application Software Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies5
- 7D1.3%
- 3M1.1%
- 1Y-7.0%
- YTDn/a
All of the companies in the Application Software industry have been up over the last week, with the industry up 1.3%. However, the industry is down 7.0% over the past year. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the Spanish Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | €189.6m | €160.0m | -€13,619,123.00 | 16.8x | -13.9x | 1.2x |
| Tue, 22 Oct 2024 | €182.3m | €162.3m | -€11,312,703.00 | 1814.4x | -16.1x | 1.1x |
| Thu, 19 Sep 2024 | €180.3m | €162.3m | -€11,312,703.00 | 1721.7x | -15.9x | 1.1x |
| Sat, 17 Aug 2024 | €188.6m | €162.3m | -€11,312,703.00 | 1793.7x | -16.7x | 1.2x |
| Mon, 15 Jul 2024 | €199.6m | €162.3m | -€11,312,703.00 | 1919.1x | -17.6x | 1.2x |
| Wed, 12 Jun 2024 | €160.6m | €58.4m | -€11,963,295.00 | 32x | -13.4x | 2.8x |
| Fri, 10 May 2024 | €138.9m | €62.5m | -€10,173,338.00 | 25.7x | -13.7x | 2.2x |
| Sun, 07 Apr 2024 | €229.0m | €160.9m | -€11,458,515.00 | 21.9x | -20x | 1.4x |
| Tue, 05 Mar 2024 | €216.1m | €183.9m | -€12,778,030.00 | 20.2x | -16.9x | 1.2x |
| Thu, 01 Feb 2024 | €205.0m | €163.4m | -€13,856,319.00 | n/a | -14.8x | 1.3x |
| Sat, 30 Dec 2023 | €204.0m | €180.9m | -€12,841,482.00 | 17.6x | -15.9x | 1.1x |
| Mon, 27 Nov 2023 | €212.7m | €180.9m | -€12,841,481.00 | 18.9x | -16.6x | 1.2x |
| Wed, 25 Oct 2023 | €194.8m | €177.3m | -€21,208,975.00 | 28.5x | -9.2x | 1.1x |
| Fri, 22 Sep 2023 | €215.4m | €172.7m | -€21,502,441.00 | 31.6x | -10x | 1.2x |
| Sun, 20 Aug 2023 | €216.3m | €172.7m | -€21,502,441.00 | 30.7x | -10.1x | 1.3x |
| Tue, 18 Jul 2023 | €201.2m | €172.7m | -€21,502,441.00 | 29.2x | -9.4x | 1.2x |
| Thu, 15 Jun 2023 | €208.4m | €155.2m | -€22,494,943.00 | 38.1x | -9.3x | 1.3x |
| Sat, 13 May 2023 | €209.2m | €131.9m | -€23,686,825.00 | 735x | -8.8x | 1.6x |
| Mon, 10 Apr 2023 | €221.3m | €130.0m | -€22,734,481.00 | 760.8x | -9.7x | 1.7x |
| Wed, 08 Mar 2023 | €233.1m | €130.0m | -€22,734,481.00 | 744x | -10.3x | 1.8x |
| Fri, 03 Feb 2023 | €257.9m | €120.9m | -€20,775,120.00 | 482.2x | -12.4x | 2.1x |
| Sun, 01 Jan 2023 | €218.1m | €120.9m | -€20,775,120.00 | 359.2x | -10.5x | 1.8x |
| Tue, 29 Nov 2022 | €236.6m | €136.1m | -€19,414,726.00 | 35.4x | -12.2x | 1.7x |
| Thu, 27 Oct 2022 | €202.7m | €130.7m | -€5,662,489.00 | 24.7x | -35.8x | 1.6x |
| Sat, 24 Sep 2022 | €211.4m | €101.5m | -€4,932,294.00 | 25.1x | -42.9x | 2.1x |
| Mon, 22 Aug 2022 | €248.7m | €101.5m | -€4,932,294.00 | 31.8x | -50.4x | 2.4x |
| Wed, 20 Jul 2022 | €268.9m | €101.5m | -€4,932,294.00 | 31.6x | -54.5x | 2.6x |
| Fri, 17 Jun 2022 | €282.3m | €87.6m | -€5,572,140.00 | 18x | -50.7x | 3.2x |
| Sun, 15 May 2022 | €239.9m | €59.0m | -€5,359,490.00 | 20x | -44.8x | 4.1x |
| Tue, 12 Apr 2022 | €262.3m | €53.7m | -€7,173,485.00 | 17.8x | -36.6x | 4.9x |
| Thu, 10 Mar 2022 | €258.8m | €53.7m | -€7,173,485.00 | 14.4x | -36.1x | 4.8x |
| Sat, 05 Feb 2022 | €293.9m | €53.7m | -€7,173,485.00 | 16.3x | -41x | 5.5x |
| Mon, 03 Jan 2022 | €311.7m | €51.8m | -€6,487,921.00 | 23.1x | -48x | 6x |
| Wed, 01 Dec 2021 | €307.5m | €51.8m | -€6,487,921.00 | 13.5x | -47.4x | 5.9x |
Price to Earnings Ratio
-47.4x
Current Industry PE
- Investors are pessimistic on the Spanish Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 46% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does Spanish Application Software compare with similar industries?
| ES Market | 0.36% | |
| Tech | -0.49% | |
| Software | 1.30% | |
| Application Software | 1.30% | |
| Systems Software | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SAI Substrate Artificial Inteligence | €0.13 | 19.1% +€1.9m | -47.5% | PS1.4x | |
| FACE Facephi Biometria | €1.60 | 0.9% +€336.5k | -36.7% | PS1.1x | |
| TR1 TIER 1 Technology | €2.94 | 0.7% +€195.3k | 50.8% | PE16.8x |