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French (CAC) IT Industry Analysis

UpdatedDec 18, 2025
DataAggregated Company Financials
Companies21
  • 7D2.3%
  • 3M12.8%
  • 1Y-2.4%
  • YTD-4.0%

In the last week, the IT industry is up 1.5%, with Sopra Steria Group leading the way, up 13%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 9.6% annually.

Industry Valuation and Performance

Has the French IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Dec 2025€35.2b€37.1b€2.2b16.2x15.9x0.9x
Sat, 15 Nov 2025€31.9b€37.1b€2.2b16x14.5x0.9x
Mon, 13 Oct 2025€29.3b€37.1b€2.2b15.4x13.3x0.8x
Wed, 10 Sep 2025€30.6b€37.1b€2.3b14.7x13.5x0.8x
Fri, 08 Aug 2025€31.4b€37.1b€2.3b15.6x13.9x0.8x
Sun, 06 Jul 2025€36.5b€46.8b€2.6b15.5x13.8x0.8x
Tue, 03 Jun 2025€36.1b€46.7b€2.6b14.8x13.7x0.8x
Thu, 01 May 2025€34.8b€46.7b€2.6b14x13.4x0.7x
Sat, 29 Mar 2025€37.5b€47.7b€2.6b16.4x14.5x0.8x
Mon, 24 Feb 2025€42.0b€39.9b€2.3b17x18.4x1.1x
Wed, 22 Jan 2025€41.4b€40.0b€2.3b16.6x17.6x1x
Fri, 20 Dec 2024€40.0b€40.0b€2.3b15.9x17.1x1x
Sun, 17 Nov 2024€40.9b€39.9b€2.3b17.2x17.5x1x
Tue, 15 Oct 2024€46.1b€39.8b€2.3b17.7x20x1.2x
Thu, 12 Sep 2024€47.2b€39.8b€2.3b19.3x20.5x1.2x
Sat, 10 Aug 2024€44.4b€40.0b€2.3b17.4x19.2x1.1x
Mon, 08 Jul 2024€48.4b€40.1b€2.2b20.6x21.5x1.2x
Wed, 05 Jun 2024€48.8b€40.0b€2.2b23.3x21.7x1.2x
Fri, 03 May 2024€50.0b€39.9b€2.2b22.4x22.3x1.3x
Sun, 31 Mar 2024€54.4b€39.6b€2.2b22.1x24.2x1.4x
Tue, 27 Feb 2024€57.1b€54.1b€1.2b21.3x46.9x1.1x
Thu, 25 Jan 2024€54.7b€54.3b€1.5b19.3x36.1x1x
Sat, 23 Dec 2023€51.7b€54.4b€1.5b18.4x34.1x1x
Mon, 20 Nov 2023€48.2b€54.3b€1.5b17.1x31.8x0.9x
Wed, 18 Oct 2023€45.2b€54.3b€1.5b16.5x29.5x0.8x
Fri, 15 Sep 2023€47.5b€54.0b€1.6b17.5x30.5x0.9x
Sun, 13 Aug 2023€47.2b€53.9b€1.6b17.4x28.6x0.9x
Tue, 11 Jul 2023€48.7b€52.6b€1.6b19.1x30.5x0.9x
Thu, 08 Jun 2023€49.1b€52.5b€1.6b18.8x31x0.9x
Sat, 06 May 2023€49.0b€52.4b€1.5b18.6x32.5x0.9x
Mon, 03 Apr 2023€49.5b€52.3b€1.5b16.3x32.3x0.9x
Wed, 01 Mar 2023€63.0b€55.7b-€572,245,668.0018.9x-110.1x1.1x
Fri, 27 Jan 2023€61.2b€52.9b-€990,618,094.0018.9x-61.8x1.2x
Sun, 25 Dec 2022€55.4b€52.8b-€1,001,974,799.0017.7x-55.3x1x
Price to Earnings Ratio

-55.3x


Total Market Cap: €55.4bTotal Earnings: -€1,001,974,799.00Total Revenue: €52.8bTotal Market Cap vs Earnings and Revenue0%0%0%
French IT Industry Price to Earnings3Y Average 17.3x202320242025
Current Industry PE
  • Investors are relatively neutral on the French IT 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 17.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
  • Total earnings for the IT industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 11% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

FR Market0.73%
Tech0.93%
IT2.32%
Data Processing Services2.92%
IT Consulting2.33%
Internet Services and Infrastructure-1.26%
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 17.8x.
    • Analysts are expecting annual earnings growth of 9.6%, which is higher than its past year's earnings decline of 6.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 31% over the next 5 years.
  • However this is lower than its past earnings growth rate of 40% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 9.6% 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
SOP Sopra Steria Group€154.7013.3%
+€349.7m		-7.5%PE10.5x
CAP Capgemini€147.851.2%
+€297.4m		-4.1%PE16.1x
ATE Alten€72.707.2%
+€170.9m		-5.9%PE16.8x
AUB Aubay Société Anonyme€55.003.8%
+€25.7m		25.1%PE20.3x
SWP Sword Group€35.350.7%
+€2.4m		-0.7%PE16.3x

Latest News

AUB
€55.00
Aubay Société Anonyme
7D
3.8%
1Y
25.1%

Aubay Société Anonyme's (EPA:AUB) Popularity With Investors Is Under Threat From Overpricing

Dec 17
Aubay Société Anonyme's (EPA:AUB) Popularity With Investors Is Under Threat From Overpricing
ATO
€47.85
Atos
7D
-2.4%
1Y
127.8%
OVH
€6.88
OVH Groupe
7D
-4.4%
1Y
-18.4%

Here's Why OVH Groupe (EPA:OVH) Has A Meaningful Debt Burden

Dec 15
Here's Why OVH Groupe (EPA:OVH) Has A Meaningful Debt Burden
SOP
€154.70
Sopra Steria Group
7D
13.3%
1Y
-7.5%
ATE
€72.70
Alten
7D
7.2%
1Y
-5.9%

ATE: Leadership Transition And 2025 Downturn Will Shape Moderate Longer-Term Outlook

Analysts have nudged their price target for Alten higher to approximately €68 from about €66.80, citing a modestly stronger outlook for revenue growth and profit margins. This improvement more than offsets a slightly higher assumed discount rate and a marginally lower future P/E multiple.
ALHIT
€15.30
HITECHPROS Société anonyme
7D
4.8%
1Y
-6.1%
CAP
€147.85
Capgemini
7D
1.2%
1Y
-4.1%

CAP: AI Partnerships And Sovereign Cloud Deals Will Drive Future Upside

Analysts have modestly lowered their price target on Capgemini, with updated modeling for a slightly higher discount rate, softer medium term revenue growth, and a marginally lower profit margin contributing to a reduced fair value and a new Street target of EUR 165, down from EUR 186. Analyst Commentary Street research on Capgemini reflects a constructive long term view tempered by near term caution, with the lower price target primarily driven by adjustments to growth and risk assumptions rather than a fundamental change in the company narrative.
WAVE
€56.00
Wavestone
7D
-1.4%
1Y
37.9%
NRO
€42.70
Neurones
7D
-2.0%
1Y
-3.8%

These 4 Measures Indicate That Neurones (EPA:NRO) Is Using Debt Safely

Dec 03
These 4 Measures Indicate That Neurones (EPA:NRO) Is Using Debt Safely
FPG
€0.13
Union Technologies Informatique Group
7D
-4.5%
1Y
-35.8%

Union Technologies Informatique Group (EPA:FPG) Is Making Moderate Use Of Debt

Nov 28
Union Technologies Informatique Group (EPA:FPG) Is Making Moderate Use Of Debt
INF
€42.10
Infotel
7D
-0.9%
1Y
4.5%
ALKEY
€8.42
Keyrus
7D
0.7%
1Y
6.3%
S30
€0.89
Solutions 30
7D
-5.5%
1Y
6.6%
SWP
€35.35
Sword Group
7D
0.7%
1Y
-0.7%
ALNXT
€0.42
Nextedia
7D
-2.5%
1Y
-2.5%
ALWIT
€1.45
Witbe
7D
2.5%
1Y
-39.8%