Do Dassault Systèmes' (EPA:DSY) Earnings Warrant Your Attention?
Nov 29
French (CAC) Tech Sector Analysis
UpdatedNov 29, 2022
DataAggregated Company Financials
Companies114
- 7D-0.3%
- 3M-1.2%
- 1Y-22.5%
- YTD-23.5%
Over the last 7 days, the Tech industry has remained flat, although notably Worldline gained 5.3%. Unfortunately though, the industry is down 22% over the past 12 months. Earnings are forecast to grow by 17% annually.
Sector Valuation and Performance
Has the French Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | €158.8b | €85.1b | €3.6b | 21.4x | 44.5x | 1.9x |
| Thu, 27 Oct 2022 | €155.0b | €84.1b | €3.0b | 21.4x | 51.3x | 1.8x |
| Sat, 24 Sep 2022 | €147.1b | €84.2b | €3.1b | 21x | 48.1x | 1.7x |
| Mon, 22 Aug 2022 | €170.3b | €83.1b | €2.8b | 24.2x | 60.2x | 2x |
| Wed, 20 Jul 2022 | €152.6b | €79.0b | €2.6b | 24.4x | 58.9x | 1.9x |
| Fri, 17 Jun 2022 | €145.3b | €78.3b | €2.5b | 23.4x | 58.5x | 1.9x |
| Sun, 15 May 2022 | €165.7b | €75.6b | €2.6b | 24.8x | 63.2x | 2.2x |
| Tue, 12 Apr 2022 | €168.2b | €74.1b | €2.1b | 27.9x | 79.2x | 2.3x |
| Thu, 10 Mar 2022 | €172.0b | €74.6b | €2.1b | 25.1x | 80.5x | 2.3x |
| Sat, 05 Feb 2022 | €180.9b | €72.6b | €5.0b | 27.5x | 36.4x | 2.5x |
| Mon, 03 Jan 2022 | €209.9b | €72.2b | €4.8b | 29.8x | 43.6x | 2.9x |
| Wed, 01 Dec 2021 | €204.7b | €72.1b | €4.7b | 27.6x | 43.4x | 2.8x |
| Fri, 29 Oct 2021 | €201.3b | €70.9b | €4.3b | 27.4x | 46.7x | 2.8x |
| Sun, 26 Sep 2021 | €197.2b | €70.0b | €4.3b | 34.9x | 45.9x | 2.8x |
| Tue, 24 Aug 2021 | €192.3b | €67.6b | €4.2b | 34.2x | 45.3x | 2.8x |
| Wed, 30 Jun 2021 | €169.2b | €66.9b | €4.0b | 31.4x | 42.4x | 2.5x |
| Sat, 03 Apr 2021 | €159.2b | €64.5b | €3.8b | 29.8x | 42.3x | 2.5x |
| Tue, 05 Jan 2021 | €149.2b | €63.1b | €3.8b | 28.2x | 39.8x | 2.4x |
| Fri, 09 Oct 2020 | €128.2b | €62.6b | €3.5b | 25.8x | 37.1x | 2x |
| Thu, 02 Jul 2020 | €122.0b | €62.4b | €3.6b | 21.5x | 34.3x | 2x |
| Sun, 05 Apr 2020 | €99.4b | €62.5b | €3.7b | 18.5x | 26.9x | 1.6x |
| Wed, 08 Jan 2020 | €121.5b | €61.8b | €3.7b | 23.2x | 32.5x | 2x |
Price to Earnings Ratio
28.4x
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 43.6x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 4.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% 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 decreased profits.
Industry Trends
Which industries have driven the changes within the French Tech sector?
| FR Market | 0.42% | |
| Tech | -0.25% | |
| Electronic Equipment and Components | 4.15% | |
| Tech Hardware | 1.32% | |
| IT | 1.20% | |
| Communications | 0.022% | |
| Software | -1.17% | |
| Semiconductors | -1.71% | |
Industry PE
- Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 77.2x.
- Analysts are expecting annual earnings growth of 17.2%, which is lower than the prior year's growth of 23.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings growth rate of 20% per year.
- In contrast, the Semiconductors industry is expected to see its earnings grow by 7.1% 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 | |
|---|---|---|---|---|---|
| WLN Worldline | €46.27 | 5.3% +€650.8m | -2.5% | PE68.2x | |
| EDEN Edenred | €53.04 | 2.1% +€269.1m | 31.0% | PE37.8x | |
| SESL SES-imagotag Société Anonyme | €127.80 | 5.8% +€110.3m | 89.1% | PE307.3x | |
| ALESK Esker | €160.30 | 8.5% +€73.4m | -54.3% | PE55.2x | |
| WAVE Wavestone | €44.15 | 6.1% +€51.0m | -12.4% | PE17.3x |
