STMicroelectronics (EPA:STMPA) Has A Pretty Healthy Balance Sheet
Dec 03
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French (CAC) Tech Sector Analysis
UpdatedDec 03, 2024
DataAggregated Company Financials
Companies98
- 7D-2.0%
- 3M-9.7%
- 1Y-25.4%
- YTD-26.8%
In the last week, the Tech industry is flat overall, with Dassault Systèmes standing out by going down 3.2%. As for the longer term, the industry has declined 25% in the last year. As for the next few years, earnings are expected to grow by 15% per annum.
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, 03 Dec 2024 | €120.6b | €69.5b | €5.8b | 15.9x | 20.8x | 1.7x |
| Thu, 31 Oct 2024 | €123.7b | €70.0b | €6.4b | 16.1x | 19.3x | 1.8x |
| Sat, 28 Sep 2024 | €140.8b | €69.5b | €6.4b | 18.6x | 22.1x | 2x |
| Mon, 26 Aug 2024 | €133.0b | €69.7b | €6.5b | 17.1x | 20.4x | 1.9x |
| Wed, 24 Jul 2024 | €144.3b | €71.2b | €7.1b | 19.8x | 20.3x | 2x |
| Fri, 21 Jun 2024 | €144.5b | €71.4b | €7.1b | 19.1x | 20.2x | 2x |
| Sun, 19 May 2024 | €153.8b | €71.0b | €7.1b | 22.1x | 21.5x | 2.2x |
| Tue, 16 Apr 2024 | €153.3b | €73.5b | €7.4b | 20.6x | 20.6x | 2.1x |
| Thu, 14 Mar 2024 | €167.1b | €84.9b | €5.9b | 21.1x | 28.1x | 2x |
| Sat, 10 Feb 2024 | €168.0b | €88.0b | €6.3b | 20.9x | 26.7x | 1.9x |
| Mon, 08 Jan 2024 | €161.5b | €89.0b | €6.8b | 22x | 23.8x | 1.8x |
| Wed, 06 Dec 2023 | €166.1b | €89.2b | €6.8b | 21x | 24.3x | 1.9x |
| Fri, 03 Nov 2023 | €149.1b | €89.5b | €6.9b | 18.9x | 21.5x | 1.7x |
| Sun, 01 Oct 2023 | €147.7b | €89.3b | €6.9b | 19.1x | 21.4x | 1.7x |
| Tue, 29 Aug 2023 | €152.9b | €88.2b | €6.8b | 21.2x | 22.3x | 1.7x |
| Thu, 27 Jul 2023 | €160.2b | €86.2b | €6.7b | 22.5x | 23.9x | 1.9x |
| Sat, 24 Jun 2023 | €155.6b | €86.4b | €6.7b | 19.2x | 23.3x | 1.8x |
| Mon, 22 May 2023 | €153.4b | €86.3b | €6.6b | 19.5x | 23.2x | 1.8x |
| Wed, 19 Apr 2023 | €157.5b | €85.0b | €6.3b | 19.9x | 24.9x | 1.9x |
| Fri, 17 Mar 2023 | €168.4b | €89.6b | €6.4b | 20.9x | 26.4x | 1.9x |
| Sun, 12 Feb 2023 | €170.4b | €85.9b | €4.1b | 23x | 41.9x | 2x |
| Tue, 10 Jan 2023 | €156.8b | €84.7b | €3.5b | 22.1x | 45.3x | 1.9x |
| Thu, 08 Dec 2022 | €154.6b | €85.0b | €3.5b | 21.3x | 43.8x | 1.8x |
| Sat, 05 Nov 2022 | €145.6b | €85.7b | €3.7b | 20.9x | 39.5x | 1.7x |
| Mon, 03 Oct 2022 | €147.5b | €84.8b | €3.1b | 20.7x | 48x | 1.7x |
| Wed, 31 Aug 2022 | €160.2b | €83.1b | €2.8b | 23.5x | 56.5x | 1.9x |
| Fri, 29 Jul 2022 | €161.4b | €79.2b | €2.5b | 24.3x | 64x | 2x |
| Sun, 26 Jun 2022 | €154.2b | €78.2b | €2.5b | 23x | 62.2x | 2x |
| Tue, 24 May 2022 | €166.3b | €74.9b | €2.6b | 26.3x | 65.1x | 2.2x |
| Thu, 21 Apr 2022 | €169.1b | €74.3b | €2.1b | 25.5x | 80.5x | 2.3x |
| Sat, 19 Mar 2022 | €185.3b | €74.6b | €2.1b | 24.3x | 86.6x | 2.5x |
| Mon, 14 Feb 2022 | €181.5b | €72.7b | €5.0b | 27.5x | 36.5x | 2.5x |
| Wed, 12 Jan 2022 | €197.8b | €72.2b | €4.8b | 29.8x | 41.1x | 2.7x |
| Fri, 10 Dec 2021 | €207.6b | €72.2b | €4.8b | 27.9x | 43.2x | 2.9x |
Price to Earnings Ratio
43.2x
Current Industry PE
- Investors are pessimistic on the French Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 21.1x which is lower than its 3-year average PE of 35.5x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 6.5% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the French Tech sector?
| FR Market | -0.04% | |
| Tech | -2.05% | |
| Tech Hardware | 0.43% | |
| Semiconductors | -0.59% | |
| Communications | -1.83% | |
| Electronic Equipment and Components | -2.11% | |
| IT | -2.33% | |
| Software | -2.73% | |
Industry PE
- Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 56.4x.
- Analysts are expecting annual earnings growth of 14.7%, which is higher than its past year's earnings growth of 11.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 76% over the next 5 years.
- This is better than its past earnings decline of 34% per year.
- In contrast, the Semiconductors 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| STMPA STMicroelectronics | €24.63 | 0.8% +€166.2m | -43.2% | PE11.2x | |
| ATO Atos | €0.73 | 136.9% +€47.2m | -87.2% | PS0.008x | |
| LBIRD Lumibird | €9.00 | 25.0% +€39.6m | -32.2% | PE30.4x | |
| PLNW Planisware SAS | €24.41 | 1.9% +€32.6m | n/a | PE43.7x | |
| QDT Quadient | €16.78 | 3.8% +€21.2m | -11.6% | PE8x |
