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French (CAC) Tech Sector Analysis
UpdatedMar 31, 2026
DataAggregated Company Financials
Companies91
- 7D0.8%
- 3M-15.9%
- 1Y-25.6%
- YTD-15.8%
Last week, the Tech industry hasn't moved much but STMicroelectronics is up 3.4% in that time. Unfortunately though, the industry is down 26% over the past 12 months. Looking forward, earnings are forecast to grow by 20% annually.
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, 31 Mar 2026 | €84.9b | €63.6b | €3.6b | 17.1x | 23.4x | 1.3x |
| Thu, 26 Feb 2026 | €88.5b | €62.9b | €3.6b | 18x | 24.4x | 1.4x |
| Sat, 24 Jan 2026 | €100.8b | €63.4b | €4.0b | 21.6x | 25.5x | 1.6x |
| Mon, 22 Dec 2025 | €101.1b | €63.5b | €4.0b | 21x | 25.5x | 1.6x |
| Wed, 19 Nov 2025 | €93.9b | €63.7b | €4.0b | 19.6x | 23.2x | 1.5x |
| Fri, 17 Oct 2025 | €108.0b | €63.4b | €4.1b | 19.6x | 26.2x | 1.7x |
| Sun, 14 Sep 2025 | €102.4b | €63.3b | €4.2b | 15.6x | 24.4x | 1.6x |
| Tue, 12 Aug 2025 | €103.1b | €63.4b | €4.2b | 16.7x | 24.5x | 1.6x |
| Thu, 10 Jul 2025 | €120.4b | €73.1b | €5.1b | 17.1x | 23.8x | 1.6x |
| Sat, 07 Jun 2025 | €119.2b | €73.4b | €5.1b | 16.2x | 23.4x | 1.6x |
| Mon, 05 May 2025 | €113.6b | €73.5b | €5.1b | 15.6x | 22.3x | 1.5x |
| Wed, 02 Apr 2025 | €116.5b | €75.9b | €5.5b | 17.9x | 21x | 1.5x |
| Fri, 28 Feb 2025 | €127.6b | €68.5b | €5.3b | 16.5x | 24.1x | 1.9x |
| Sun, 26 Jan 2025 | €130.4b | €69.4b | €5.8b | 16.7x | 22.5x | 1.9x |
| Tue, 24 Dec 2024 | €122.6b | €69.5b | €5.8b | 16.3x | 21.1x | 1.8x |
| Thu, 21 Nov 2024 | €119.6b | €69.5b | €5.9b | 15.2x | 20.4x | 1.7x |
| Sat, 19 Oct 2024 | €130.5b | €69.8b | €6.4b | 16.5x | 20.3x | 1.9x |
| Mon, 16 Sep 2024 | €136.5b | €69.6b | €6.4b | 18.3x | 21.4x | 2x |
| Wed, 14 Aug 2024 | €129.3b | €69.9b | €6.6b | 17.5x | 19.7x | 1.8x |
| Fri, 12 Jul 2024 | €144.1b | €71.1b | €7.1b | 19.3x | 20.3x | 2x |
| Sun, 09 Jun 2024 | €153.7b | €71.2b | €7.1b | 20.1x | 21.6x | 2.2x |
| Tue, 07 May 2024 | €149.8b | €73.1b | €6.9b | 22.6x | 21.7x | 2x |
| Thu, 04 Apr 2024 | €157.0b | €73.1b | €7.3b | 22.4x | 21.4x | 2.1x |
| Sat, 02 Mar 2024 | €169.3b | €86.0b | €6.1b | 21.5x | 28x | 2x |
| Mon, 29 Jan 2024 | €174.9b | €89.0b | €6.3b | 21.7x | 27.6x | 2x |
| Wed, 27 Dec 2023 | €171.2b | €88.9b | €6.8b | 21.5x | 25.3x | 1.9x |
| Fri, 24 Nov 2023 | €161.9b | €89.0b | €6.8b | 20.3x | 23.8x | 1.8x |
| Sun, 22 Oct 2023 | €139.8b | €89.4b | €6.9b | 17.7x | 20.2x | 1.6x |
| Tue, 19 Sep 2023 | €148.0b | €88.6b | €6.9b | 20.2x | 21.5x | 1.7x |
| Thu, 17 Aug 2023 | €153.6b | €88.1b | €6.8b | 21.7x | 22.6x | 1.7x |
| Sat, 15 Jul 2023 | €166.2b | €85.9b | €6.5b | 20.8x | 25.4x | 1.9x |
| Mon, 12 Jun 2023 | €159.7b | €86.6b | €6.7b | 21.6x | 23.8x | 1.8x |
| Wed, 10 May 2023 | €146.8b | €85.9b | €6.6b | 19.8x | 22.4x | 1.7x |
| Fri, 07 Apr 2023 | €156.9b | €85.0b | €6.3b | 18.9x | 24.9x | 1.8x |
Price to Earnings Ratio
24.9x
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 23.2x.
- 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 17% per year over the last three years,
- Revenues have also declined 9.2% 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 | 0.36% | |
| Tech | 0.81% | |
| Tech Hardware | 4.85% | |
| Semiconductors | 3.01% | |
| Electronic Equipment and Components | 1.31% | |
| Software | -0.50% | |
| Communications | -0.73% | |
| IT | -0.80% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 24.6x.
- Analysts are expecting annual earnings growth of 36.2%, 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 93% over the next 5 years.
- In contrast, the Software industry is expected to see its earnings grow by 8.9% 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 | €27.92 | 3.4% +€813.2m | 39.6% | PE171.3x | |
| AL2SI 2CRSI | €27.55 | 24.9% +€124.0m | 611.0% | PE291.8x | |
| OVH OVH Groupe | €9.38 | 7.6% +€100.0m | 25.2% | PE3526.9x | |
| ARTO Société Industrielle et Financière de l'Artois Société anonyme | €8.90k | 4.1% +€93.2m | -22.6% | PE143.5x | |
| VU Vusion | €109.70 | 4.3% +€75.4m | -44.3% | PE21.8x |
