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French (CAC) Tech Sector Analysis

UpdatedJun 06, 2026
DataAggregated Company Financials
Companies87
  • 7D2.5%
  • 3M43.1%
  • 1Y7.3%
  • YTD27.3%

Over the last 7 days, the Tech industry has risen 6.4%, driven by gains from STMicroelectronics of 6.6%. In the same time, Soitec was down 17%. This means that the industry has gained 12% over the past year. Earnings are forecast to grow by 27% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 06 Jun 2026€128.5b€63.8b€3.5b17.9x37.2x2x
Mon, 04 May 2026€109.9b€63.8b€3.7b17.2x29.5x1.7x
Wed, 01 Apr 2026€86.7b€63.5b€3.6b17.3x24x1.4x
Fri, 27 Feb 2026€89.9b€63.0b€3.6b18.8x24.8x1.4x
Sun, 25 Jan 2026€100.8b€63.3b€4.0b21.6x25.5x1.6x
Tue, 23 Dec 2025€101.0b€63.5b€4.0b20.4x25.5x1.6x
Thu, 20 Nov 2025€94.2b€63.8b€4.0b19.8x23.3x1.5x
Sat, 18 Oct 2025€107.0b€63.4b€4.1b19.6x25.9x1.7x
Mon, 15 Sep 2025€102.4b€63.3b€4.2b15.6x24.4x1.6x
Wed, 13 Aug 2025€102.5b€63.3b€4.2b16.3x24.4x1.6x
Fri, 11 Jul 2025€122.5b€73.1b€5.1b16.9x24.2x1.7x
Sun, 08 Jun 2025€119.2b€73.4b€5.1b16.2x23.4x1.6x
Tue, 06 May 2025€113.1b€73.5b€5.1b15.7x22.2x1.5x
Thu, 03 Apr 2025€116.9b€75.8b€5.5b17.1x21.1x1.5x
Sat, 01 Mar 2025€127.6b€68.2b€5.4b16.3x23.7x1.9x
Mon, 27 Jan 2025€130.4b€69.4b€5.8b16.7x22.5x1.9x
Wed, 25 Dec 2024€123.6b€69.6b€5.8b16.4x21.2x1.8x
Fri, 22 Nov 2024€119.8b€69.5b€5.8b15.4x20.6x1.7x
Sun, 20 Oct 2024€130.5b€69.8b€6.4b16.5x20.3x1.9x
Tue, 17 Sep 2024€133.9b€69.5b€6.4b17.9x21x1.9x
Thu, 15 Aug 2024€129.6b€69.9b€6.5b17.3x19.8x1.9x
Sat, 13 Jul 2024€146.4b€71.1b€7.1b19.7x20.7x2.1x
Mon, 10 Jun 2024€153.7b€71.2b€7.1b20.1x21.6x2.2x
Wed, 08 May 2024€152.5b€73.2b€6.9b22.7x22.1x2.1x
Fri, 05 Apr 2024€157.0b€73.2b€7.4b22.6x21.4x2.1x
Sun, 03 Mar 2024€169.3b€86.0b€6.1b21.5x28x2x
Tue, 30 Jan 2024€174.7b€89.0b€6.3b21.9x27.6x2x
Thu, 28 Dec 2023€172.3b€88.8b€6.7b21.3x25.6x1.9x
Sat, 25 Nov 2023€161.9b€89.0b€6.8b20.2x23.9x1.8x
Mon, 23 Oct 2023€139.8b€89.4b€6.9b17.7x20.2x1.6x
Wed, 20 Sep 2023€147.1b€88.6b€6.9b20.4x21.4x1.7x
Fri, 18 Aug 2023€150.5b€88.1b€6.8b20.9x22.1x1.7x
Sun, 16 Jul 2023€166.2b€85.9b€6.5b20.8x25.4x1.9x
Tue, 13 Jun 2023€162.9b€86.6b€6.7b21x24.2x1.9x
Price to Earnings Ratio

24.2x


Total Market Cap: €162.9bTotal Earnings: €6.7bTotal Revenue: €86.6bTotal Market Cap vs Earnings and Revenue0%0%0%
French Tech Sector Price to Earnings3Y Average 23.5x202420252026
Current Industry PE
  • Investors are optimistic on the French Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 38.8x which is higher than its 3-year average PE of 23.5x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 20% per year over the last three years,
  • Revenues have also declined 9.7% 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-0.077%
Tech2.51%
Software3.87%
Semiconductors3.54%
Electronic Equipment and Components2.10%
IT-0.59%
Tech Hardware-1.54%
Communications-1.86%
Industry PE
  • Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 41.7x.
    • Analysts are expecting annual earnings growth of 8.2%, which is higher than its past year's earnings growth of 4.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 91% over the next 5 years.
  • In contrast, the Software industry is expected to see its earnings grow by 8.2% 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
STMPA STMicroelectronics€62.826.6%
+€3.4b		150.8%PE437.8x
DSY Dassault Systèmes€19.724.8%
+€1.2b		-39.0%PE21.1x
OVH OVH Groupe€16.5516.4%
+€350.4m		16.8%PS2.3x
VU Vusion€140.804.9%
+€110.6m		-42.0%PE16.5x
AUB Aubay Société Anonyme€55.903.1%
+€21.6m		11.1%PE18.7x

Latest News

VU
€140.80
Vusion
7D
4.9%
1Y
-42.0%
STMPA
€62.82
STMicroelectronics
7D
6.6%
1Y
150.8%
Narrative Update • Jun 05

STMPA: AI Data Center Hype Will Likely Pressure Future Return Profile

Analysts have lifted the fair value estimate for STMicroelectronics to €28.77, up from €21.13, citing higher assumed revenue growth, stronger profit margins, and a slightly richer future P/E multiple supported by ongoing positive research around AI driven data center and industrial demand. Analyst Commentary Recent Street research on STMicroelectronics has generally tilted constructive, with several firms lifting price targets in both US$ and euro terms and, in some cases, upgrading ratings.
SOP
€150.10
Sopra Steria Group
7D
0.7%
1Y
-22.9%
Narrative Update • Jun 05

SOP: AI Collaboration And PLM Expansion Will Support Future Confidence

Analysts have made a small trim to their fair value estimate for Sopra Steria Group, with the price target shifting from about €195.91 to €194.90 as they fine tune assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News Sopra Steria, through its subsidiary CIMPA, has entered exclusive negotiations to acquire Digital Product Simulation, a digital engineering consulting firm focused on design and simulation for industrial product development.
QDT
€12.56
Quadient
7D
2.8%
1Y
-19.9%
Narrative Update • Jun 04

QDT: Mail Digitization And Cloud Services Will Drive Future Upside

Analysts have adjusted their price target on Quadient from €20.30 to about €18.43, citing updated assumptions on growth, profitability and the P/E multiple as the key drivers of this reset. What's in the News Quadient expanded availability of Inspire Digital Vault, a secure cloud-native archiving and retrieval solution built with Solix Technologies, from Europe and APAC to North America and South America, aiming to support a full SaaS communications lifecycle across regions.
OVH
€16.55
OVH Groupe
7D
16.4%
1Y
16.8%
XFAB
€10.26
X-FAB Silicon Foundries
7D
-4.6%
1Y
83.5%
Narrative Update • Jun 01

XFAB: Future Revenue Guidance Will Highlight Execution Risk And Overvaluation

Analysts have nudged their price target for X-FAB Silicon Foundries higher to about €5.53 from roughly €5.06, citing updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E. This comes even as some recent research has turned more cautious on the stock.
DSY
€19.72
Dassault Systèmes
7D
4.8%
1Y
-39.0%
Narrative Update • May 31

DSY: AI Partnerships And Execution Progress Will Support Future Upside Potential

Analysts have trimmed the fair value estimate for Dassault Systèmes from about €34.10 to €32.51. Street price targets have been adjusted in a mixed fashion, with some firms lifting their targets around €1 to €20 and €24 and others cutting or resetting them toward the low €20s as they balance higher modeled revenue growth and slightly stronger profit margins against a lower future P/E assumption and a tougher IT spending backdrop.
ALRIB
€13.70
Riber
7D
-12.7%
1Y
393.7%
ATO
€37.52
Atos
7D
-6.4%
1Y
1.4%
Narrative Update • May 29

ATO: Digital Sovereignty And Agentic AI Will Drive Future Upside Potential

Analysts have reduced their price target for Atos from €59.00 to €50.00, reflecting updated assumptions for softer revenue growth, a sharp fall in expected profit margins and a much higher future P/E multiple. What's in the News Atos SE has changed its corporate name to Atos Group as of May 22, 2026, signaling a refreshed group identity and branding.
SOI
€146.65
Soitec
7D
-17.4%
1Y
214.4%
ALSEM
€49.30
SEMCO Technologies Société anonyme
7D
-8.7%
1Y
n/a
LBIRD
€24.75
Lumibird
7D
-7.6%
1Y
76.2%
AL2SI
€49.74
2CRSI
7D
-3.6%
1Y
707.5%
AUB
€55.90
Aubay Société Anonyme
7D
3.1%
1Y
11.1%
LACR
€19.00
LACROIX Group
7D
9.2%
1Y
153.3%
WAVE
€43.10
Wavestone
7D
-9.1%
1Y
-24.0%