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French (CAC) Tech Sector Analysis

UpdatedSep 16, 2025
DataAggregated Company Financials
Companies92
  • 7D-0.8%
  • 3M-14.5%
  • 1Y-20.8%
  • YTD-13.9%

The Tech industry has been flat over the last week, but Capgemini has lost 4.8%. Unfortunately though, the industry is down 21% over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Sector Valuation and Performance

Has the French Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Sep 2025€102.2b€63.3b€4.2b15.8x24.4x1.6x
Thu, 14 Aug 2025€103.0b€63.3b€4.2b16.3x24.5x1.6x
Sat, 12 Jul 2025€122.5b€73.1b€5.1b16.9x24.2x1.7x
Mon, 09 Jun 2025€119.2b€73.4b€5.1b16.2x23.4x1.6x
Wed, 07 May 2025€112.4b€73.4b€5.1b15.7x22.1x1.5x
Fri, 04 Apr 2025€111.7b€75.6b€5.5b16.4x20.3x1.5x
Sun, 02 Mar 2025€126.5b€68.2b€5.4b16.3x23.5x1.9x
Tue, 28 Jan 2025€130.4b€69.4b€5.8b16.6x22.5x1.9x
Thu, 26 Dec 2024€123.8b€69.5b€5.8b16.4x21.3x1.8x
Sat, 23 Nov 2024€120.8b€69.7b€5.8b15.7x20.7x1.7x
Mon, 21 Oct 2024€130.5b€69.8b€6.4b16.5x20.3x1.9x
Wed, 18 Sep 2024€134.9b€69.5b€6.4b18x21.1x1.9x
Fri, 16 Aug 2024€131.8b€70.0b€6.6b17.3x20.1x1.9x
Sun, 14 Jul 2024€146.4b€71.1b€7.1b19.7x20.7x2.1x
Tue, 11 Jun 2024€153.7b€71.3b€7.1b19.9x21.6x2.2x
Thu, 09 May 2024€152.4b€73.2b€6.9b23x22.1x2.1x
Sat, 06 Apr 2024€156.8b€73.2b€7.4b22.6x21.3x2.1x
Mon, 04 Mar 2024€169.3b€86.0b€6.1b21.5x28x2x
Wed, 31 Jan 2024€175.9b€89.0b€6.3b21.9x27.8x2x
Fri, 29 Dec 2023€171.1b€88.8b€6.7b21.5x25.4x1.9x
Sun, 26 Nov 2023€161.9b€88.9b€6.8b20.2x23.9x1.8x
Tue, 24 Oct 2023€140.1b€89.3b€6.9b17.8x20.4x1.6x
Thu, 21 Sep 2023€148.6b€88.6b€6.9b20.2x21.6x1.7x
Sat, 19 Aug 2023€150.6b€88.1b€6.8b21.3x22.1x1.7x
Mon, 17 Jul 2023€166.2b€85.9b€6.5b20.8x25.4x1.9x
Wed, 14 Jun 2023€164.4b€86.5b€6.7b21.2x24.6x1.9x
Fri, 12 May 2023€147.1b€86.0b€6.6b20.4x22.4x1.7x
Sun, 09 Apr 2023€156.9b€85.0b€6.3b19.5x24.8x1.8x
Tue, 07 Mar 2023€172.8b€89.7b€6.8b22.3x25.6x1.9x
Thu, 02 Feb 2023€165.5b€85.3b€3.9b22.2x42.7x1.9x
Sat, 31 Dec 2022€148.9b€84.7b€3.5b22.1x42.8x1.8x
Mon, 28 Nov 2022€161.3b€85.1b€3.6b21.5x45.3x1.9x
Wed, 26 Oct 2022€155.4b€84.1b€3.0b21.1x51.5x1.8x
Fri, 23 Sep 2022€149.5b€84.0b€3.0b22.2x49.2x1.8x
Price to Earnings Ratio

49.2x


Total Market Cap: €149.5bTotal Earnings: €3.0bTotal Revenue: €84.0bTotal Market Cap vs Earnings and Revenue0%0%0%
French Tech Sector Price to Earnings3Y Average 26.2x202320242025
Current Industry PE
  • Investors are relatively neutral on the French Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 26.2x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 11% per year over the last three years.
  • Meanwhile revenues for these companies have declined 9.0% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the French Tech sector?

FR Market2.14%
Tech-0.78%
Electronic Equipment and Components4.13%
Communications3.67%
Semiconductors1.25%
Tech Hardware0.37%
Software-0.85%
IT-3.11%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 12.9x.
    • Analysts are expecting annual earnings growth of 34.1%, which is higher than its past year's earnings decline of 55.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 65% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 9.9% 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
STMPA STMicroelectronics€23.091.9%
+€392.6m
-7.3%PE37.2x
OVH OVH Groupe€12.0418.2%
+€280.6m
95.8%PE129x
VU VusionGroup€212.003.7%
+€128.0m
40.9%PS3.7x
ATO Atos€46.0011.8%
+€94.1m
-99.3%PE0.6x
SOP Sopra Steria Group€159.201.8%
+€53.8m
-14.7%PE10.8x

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