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French (CAC) Tech Sector Analysis

UpdatedFeb 17, 2026
DataAggregated Company Financials
Companies91
  • 7D-12.0%
  • 3M-9.5%
  • 1Y-36.7%
  • YTD-16.3%

Over the last 7 days, the Tech industry has dropped 12%, driven by Dassault Systèmes declining 25%. Overall the industry is down 37% in 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
Wed, 18 Feb 2026€84.3b€62.9b€3.7b17.6x23x1.3x
Fri, 16 Jan 2026€103.2b€63.6b€4.0b21.5x26x1.6x
Sun, 14 Dec 2025€101.5b€63.5b€4.0b21.4x25.6x1.6x
Tue, 11 Nov 2025€96.2b€63.7b€4.0b20.9x23.8x1.5x
Thu, 09 Oct 2025€107.3b€63.4b€4.1b18.6x26x1.7x
Sat, 06 Sep 2025€101.9b€63.3b€4.2b15.2x24.3x1.6x
Mon, 04 Aug 2025€104.5b€63.4b€4.2b15.9x24.8x1.6x
Wed, 02 Jul 2025€118.0b€73.0b€5.1b17x23.3x1.6x
Fri, 30 May 2025€116.8b€73.4b€5.1b16.1x22.9x1.6x
Sun, 27 Apr 2025€109.2b€73.3b€5.0b15.1x21.7x1.5x
Tue, 25 Mar 2025€124.9b€76.0b€5.6b17.7x22.5x1.6x
Thu, 20 Feb 2025€132.1b€68.4b€5.4b16.7x24.7x1.9x
Sat, 18 Jan 2025€126.6b€69.7b€5.8b16.7x21.7x1.8x
Mon, 16 Dec 2024€125.7b€69.4b€5.8b16.4x21.7x1.8x
Wed, 13 Nov 2024€124.5b€69.2b€5.8b15.9x21.4x1.8x
Fri, 11 Oct 2024€131.1b€69.8b€6.4b16.9x20.4x1.9x
Sun, 08 Sep 2024€128.7b€69.5b€6.5b18.7x19.8x1.9x
Tue, 06 Aug 2024€127.4b€70.0b€6.6b17.1x19.4x1.8x
Thu, 04 Jul 2024€144.8b€71.2b€7.1b19.8x20.4x2x
Sat, 01 Jun 2024€148.1b€71.0b€7.1b20.7x20.8x2.1x
Mon, 29 Apr 2024€151.0b€73.2b€7.0b19.1x21.7x2.1x
Wed, 27 Mar 2024€160.4b€85.0b€6.0b19.6x26.5x1.9x
Fri, 23 Feb 2024€168.6b€87.7b€6.3b20.2x26.7x1.9x
Sun, 21 Jan 2024€168.7b€89.1b€6.8b21.6x24.8x1.9x
Tue, 19 Dec 2023€173.2b€89.0b€6.8b21.1x25.5x1.9x
Thu, 16 Nov 2023€160.0b€89.2b€6.8b20.1x23.4x1.8x
Sat, 14 Oct 2023€147.7b€89.5b€6.9b18.1x21.3x1.6x
Mon, 11 Sep 2023€152.4b€88.5b€6.8b21x22.4x1.7x
Wed, 09 Aug 2023€155.9b€88.0b€6.8b21.5x23x1.8x
Fri, 07 Jul 2023€155.4b€86.4b€6.7b20.1x23.3x1.8x
Sun, 04 Jun 2023€159.2b€86.5b€6.7b18.9x23.7x1.8x
Tue, 02 May 2023€148.5b€85.8b€6.5b19.1x22.7x1.7x
Thu, 30 Mar 2023€155.7b€85.0b€6.4b19.5x24.5x1.8x
Sat, 25 Feb 2023€168.2b€88.6b€4.3b21.8x39.3x1.9x
Price to Earnings Ratio

39.3x


Total Market Cap: €168.2bTotal Earnings: €4.3bTotal Revenue: €88.6bTotal Market Cap vs Earnings and Revenue0%0%0%
French Tech Sector Price to Earnings3Y Average 23.4x202420252026
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 23.4x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 4.6% per year over the last three years,
  • Revenues have also declined 11% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

FR Market-0.40%
Tech-12.04%
Semiconductors2.46%
Tech Hardware-1.27%
Communications-5.36%
Electronic Equipment and Components-5.80%
IT-10.84%
Software-26.19%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 18.9x.
    • Analysts are expecting annual earnings growth of 35.2%, which is higher than its past year's earnings decline of 43.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 105% over the next 5 years.
  • This is better than its past earnings decline of 79% per year.
  • In contrast, the Software industry is expected to see its earnings grow by 8.8% 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
VU Vusion€131.004.0%
+€83.7m		-16.8%PS1.9x
SOI Soitec€37.116.6%
+€82.4m		-41.0%PE122.7x
MEMS MEMSCAP€4.9811.9%
+€4.0m		48.9%PE42.4x
PARRO Parrot€5.781.8%
+€3.1m		26.2%PS2.2x
ALNXT Nextedia€0.4516.9%
+€2.5m		-4.3%PE11.3x

Latest News

ATE
€59.45
Alten
7D
-17.5%
1Y
-33.4%
PARRO
€5.78
Parrot
7D
1.8%
1Y
26.2%
ATO
€41.23
Atos
7D
-15.3%
1Y
21.3%

ATO: AI Alliances And Agentic Solutions Will Support Future Upside

Analysts have raised their price target on Atos from €46.50 to €51.40. The change reflects updated assumptions that include softer revenue growth, a slightly lower profit margin outlook, and a marginally lower future P/E multiple.
DSY
€16.73
Dassault Systèmes
7D
-25.4%
1Y
-58.4%
CAP
€103.70
Capgemini
7D
-8.7%
1Y
-37.7%
WAVE
€45.45
Wavestone
7D
-11.4%
1Y
-7.0%
SOI
€37.11
Soitec
7D
6.6%
1Y
-41.0%

There's No Escaping Soitec SA's (EPA:SOI) Muted Revenues Despite A 29% Share Price Rise

Feb 11
There's No Escaping Soitec SA's (EPA:SOI) Muted Revenues Despite A 29% Share Price Rise
STMPA
€27.72
STMicroelectronics
7D
-1.3%
1Y
19.8%
GEA
€89.00
Grenobloise d'Electronique et d'Automatismes Société Anonyme
7D
1.7%
1Y
4.1%

Grenobloise d'Electronique et d'Automatismes Société Anonyme's (EPA:GEA) Solid Earnings Have Been Accounted For Conservatively

Feb 08
Grenobloise d'Electronique et d'Automatismes Société Anonyme's (EPA:GEA) Solid Earnings Have Been Accounted For Conservatively
VU
€131.00
Vusion
7D
4.0%
1Y
-16.8%

VU: Store Digitization Rollouts Will Support Future Upside Despite Softer Sentiment

Analysts have trimmed their price targets on Vusion slightly, with recent Street research including a cut of €18 and a move to a target of €210, which helps to explain the modest adjustment in the updated fair value framework. Analyst Commentary Recent Street research on Vusion points to a more balanced stance, with some analysts stepping back from earlier enthusiasm while still assigning a triple digit price target.
SOP
€119.70
Sopra Steria Group
7D
-14.3%
1Y
-32.2%

SOP: Raised EUR 168 Fair Value Will Support Leadership Transition Execution

Narrative Update Analysts have raised their price target for Sopra Steria Group by €8 to €168, citing updated fair value assumptions, slightly revised discount and growth inputs, and recent Street research supporting the new level. Analyst Commentary Recent research moves around Sopra Steria Group center on the new €168 price target and what it implies for execution and valuation, rather than a clear shift in stance on the shares.
MEMS
€4.98
MEMSCAP
7D
11.9%
1Y
48.9%
ALRIB
€5.36
Riber
7D
1.1%
1Y
60.0%
PLNW
€15.86
Planisware SAS
7D
-14.9%
1Y
-43.5%
ALBPK
€2.46
Broadpeak Société anonyme
7D
7.9%
1Y
125.7%

Here's Why Broadpeak Société anonyme (EPA:ALBPK) Can Afford Some Debt

Dec 16
Here's Why Broadpeak Société anonyme (EPA:ALBPK) Can Afford Some Debt
ALNXT
€0.45
Nextedia
7D
16.9%
1Y
-4.3%