Header cover image

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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022€158.8b€85.1b€3.6b21.4x44.5x1.9x
Thu, 27 Oct 2022€155.0b€84.1b€3.0b21.4x51.3x1.8x
Sat, 24 Sep 2022€147.1b€84.2b€3.1b21x48.1x1.7x
Mon, 22 Aug 2022€170.3b€83.1b€2.8b24.2x60.2x2x
Wed, 20 Jul 2022€152.6b€79.0b€2.6b24.4x58.9x1.9x
Fri, 17 Jun 2022€145.3b€78.3b€2.5b23.4x58.5x1.9x
Sun, 15 May 2022€165.7b€75.6b€2.6b24.8x63.2x2.2x
Tue, 12 Apr 2022€168.2b€74.1b€2.1b27.9x79.2x2.3x
Thu, 10 Mar 2022€172.0b€74.6b€2.1b25.1x80.5x2.3x
Sat, 05 Feb 2022€180.9b€72.6b€5.0b27.5x36.4x2.5x
Mon, 03 Jan 2022€209.9b€72.2b€4.8b29.8x43.6x2.9x
Wed, 01 Dec 2021€204.7b€72.1b€4.7b27.6x43.4x2.8x
Fri, 29 Oct 2021€201.3b€70.9b€4.3b27.4x46.7x2.8x
Sun, 26 Sep 2021€197.2b€70.0b€4.3b34.9x45.9x2.8x
Tue, 24 Aug 2021€192.3b€67.6b€4.2b34.2x45.3x2.8x
Wed, 30 Jun 2021€169.2b€66.9b€4.0b31.4x42.4x2.5x
Sat, 03 Apr 2021€159.2b€64.5b€3.8b29.8x42.3x2.5x
Tue, 05 Jan 2021€149.2b€63.1b€3.8b28.2x39.8x2.4x
Fri, 09 Oct 2020€128.2b€62.6b€3.5b25.8x37.1x2x
Thu, 02 Jul 2020€122.0b€62.4b€3.6b21.5x34.3x2x
Sun, 05 Apr 2020€99.4b€62.5b€3.7b18.5x26.9x1.6x
Wed, 08 Jan 2020€121.5b€61.8b€3.7b23.2x32.5x2x
Price to Earnings Ratio

28.4x


Total Market Cap: €116.9bTotal Earnings: €4.1bTotal Revenue: €60.9bTotal Market Cap vs Earnings and Revenue0%0%0%
French Tech Sector Price to Earnings3Y Average 43.6x202020212022
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 Market0.42%
Tech-0.25%
Electronic Equipment and Components4.15%
Tech Hardware1.32%
IT1.20%
Communications0.022%
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?

CompanyLast Price7D1YValuation
WLN Worldline€46.275.3%
+€650.8m
-2.5%PE68.2x
EDEN Edenred€53.042.1%
+€269.1m
31.0%PE37.8x
SESL SES-imagotag Société Anonyme€127.805.8%
+€110.3m
89.1%PE307.3x
ALESK Esker€160.308.5%
+€73.4m
-54.3%PE55.2x
WAVE Wavestone€44.156.1%
+€51.0m
-12.4%PE17.3x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

OVH

€13.82

OVH Groupe

7D

-6.9%

1Y

-32.4%

CAP

€178.05

Capgemini

7D

0.1%

1Y

-11.8%

ALESK

€160.30

Esker

7D

8.5%

1Y

-54.3%

XFAB

€6.17

X-FAB Silicon Foundries

7D

-3.1%

1Y

-33.9%

NRO

€38.25

Neurones

7D

4.5%

1Y

11.2%

AUB

€50.00

Aubay Société Anonyme

7D

7.2%

1Y

-3.7%

ATEME

€10.40

ATEME

7D

-3.3%

1Y

-20.0%

EXN

€16.44

Exclusive Networks

7D

-1.4%

1Y

-12.5%

WAVE

€44.15

Wavestone

7D

6.1%

1Y

-12.4%