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French (CAC) Tech Sector Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies104
  • 7D-0.4%
  • 3M6.3%
  • 1Y8.2%
  • YTD1.9%

The Tech industry has stayed flat over the last week. As for the the longer term, the industry is up 8.2% over the past 12 months. As for the next few years, earnings are expected to grow by 12% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024€168.6b€87.7b€6.3b19.9x26.7x1.9x
Mon, 22 Jan 2024€168.7b€89.1b€6.8b21.6x24.8x1.9x
Wed, 20 Dec 2023€171.6b€88.9b€6.8b21.7x25.3x1.9x
Fri, 17 Nov 2023€160.0b€89.2b€6.8b20.1x23.4x1.8x
Sun, 15 Oct 2023€147.7b€89.5b€6.9b18.4x21.3x1.7x
Tue, 12 Sep 2023€152.0b€88.4b€6.8b20.7x22.4x1.7x
Thu, 10 Aug 2023€155.8b€88.0b€6.8b21.6x23x1.8x
Sat, 08 Jul 2023€157.4b€86.3b€6.6b20.1x23.7x1.8x
Mon, 05 Jun 2023€159.2b€86.5b€6.7b18.9x23.7x1.8x
Wed, 03 May 2023€148.7b€85.8b€6.5b19x22.8x1.7x
Fri, 31 Mar 2023€159.8b€85.0b€6.3b19.7x25.3x1.9x
Sun, 26 Feb 2023€168.2b€88.6b€4.3b21.8x39.4x1.9x
Tue, 24 Jan 2023€159.7b€84.6b€3.4b22.4x46.5x1.9x
Thu, 22 Dec 2022€149.5b€84.8b€3.5b21.4x42.7x1.8x
Sat, 19 Nov 2022€160.0b€85.0b€3.5b21.3x45.2x1.9x
Mon, 17 Oct 2022€144.3b€84.5b€3.1b20.1x46.8x1.7x
Wed, 14 Sep 2022€165.8b€83.1b€2.9b22.8x57.1x2x
Fri, 12 Aug 2022€173.7b€82.7b€2.7b23.9x63.3x2.1x
Sun, 10 Jul 2022€150.6b€78.7b€2.6b23.5x58.7x1.9x
Tue, 07 Jun 2022€168.7b€77.8b€2.4b24.1x69.1x2.2x
Thu, 05 May 2022€170.6b€75.4b€2.6b25.1x66x2.3x
Sat, 02 Apr 2022€181.3b€73.6b€2.1b26.6x86.6x2.5x
Mon, 28 Feb 2022€178.1b€74.5b€5.2b27.5x34.5x2.4x
Wed, 26 Jan 2022€179.1b€72.3b€4.8b27.5x37.1x2.5x
Fri, 24 Dec 2021€208.1b€72.3b€4.8b29.2x43.2x2.9x
Sun, 21 Nov 2021€215.8b€72.0b€4.7b28.5x45.9x3x
Tue, 19 Oct 2021€191.9b€70.9b€4.3b29.3x44.6x2.7x
Thu, 16 Sep 2021€198.3b€67.7b€4.3b36.3x46.5x2.9x
Sat, 14 Aug 2021€191.7b€67.6b€4.2b34.4x45.2x2.8x
Wed, 09 Jun 2021€161.4b€65.5b€3.9b30.4x40.9x2.5x
Tue, 02 Mar 2021€153.6b€63.2b€3.8b31.2x40.7x2.4x
Price to Earnings Ratio

40.7x


Total Market Cap: €153.6bTotal Earnings: €3.8bTotal Revenue: €63.2bTotal Market Cap vs Earnings and Revenue0%0%0%
French Tech Sector Price to Earnings3Y Average 41x202220232024
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 26.7x which is lower than its 3-year average PE of 41.0x.
  • 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 grown 19% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

FR Market2.32%
Tech-0.44%
IT1.42%
Electronic Equipment and Components0.29%
Software-0.56%
Tech Hardware-1.72%
Semiconductors-2.61%
Communications-2.85%
Industry PE
  • Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 28.5x.
    • Analysts are expecting annual earnings growth of 46.8%, which is higher than its past year's earnings growth of 2.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 65% over the next 5 years.
  • This is better than its past earnings growth rate of 7.8% per year.
  • In contrast, the Semiconductors industry is expected to see its earnings grow by 6.3% 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
CAP Capgemini€225.902.8%
+€1.1b
28.4%PE23.2x
SOP Sopra Steria Group€230.406.9%
+€298.6m
28.5%PE18.7x
LBIRD Lumibird€13.4010.9%
+€29.2m
-21.5%PE27.9x
ALESK Esker€158.001.9%
+€17.6m
4.6%PE61.6x
SWP Sword Group€36.953.6%
+€12.4m
-20.0%PE21.6x
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Latest News

DSY

€43.33

Dassault Systèmes

7D

-0.3%

1Y

17.4%

STMPA

€41.55

STMicroelectronics

7D

-2.4%

1Y

-6.9%

SOP

€230.40

Sopra Steria Group

7D

6.9%

1Y

28.5%

CAP

€225.90

Capgemini

7D

2.8%

1Y

28.4%

LSS

€30.95

Lectra

7D

-10.9%

1Y

-11.8%

WAVE

€54.50

Wavestone

7D

-8.2%

1Y

11.3%

SOI

€140.50

Soitec

7D

-3.6%

1Y

1.1%

EXN

€17.06

Exclusive Networks

7D

-6.5%

1Y

-14.7%

OVH

€9.14

OVH Groupe

7D

-6.7%

1Y

-36.3%

ATO

€2.41

Atos

7D

2.3%

1Y

-81.0%

SWP

€36.95

Sword Group

7D

3.6%

1Y

-20.0%

ALESK

€158.00

Esker

7D

1.9%

1Y

4.6%