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French (CAC) IT Industry Analysis

UpdatedDec 26, 2025
DataAggregated Company Financials
Companies21
  • 7D-2.2%
  • 3M14.7%
  • 1Y-7.0%
  • YTD-7.1%

Over the last 7 days, the IT industry has dropped 3.2%, driven by Capgemini declining 4.2%. In contrast, OVH Groupe has gained 6.0%. However, the industry is down 6.4% over the past year. 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
Fri, 26 Dec 2025€34.1b€37.1b€2.2b15.9x15.4x0.9x
Sun, 23 Nov 2025€31.3b€37.1b€2.2b14.7x14.2x0.8x
Tue, 21 Oct 2025€30.0b€37.1b€2.2b15.9x13.6x0.8x
Thu, 18 Sep 2025€30.4b€37.1b€2.3b14.8x13.5x0.8x
Sat, 16 Aug 2025€31.1b€37.1b€2.3b15.6x13.7x0.8x
Mon, 14 Jul 2025€35.6b€46.8b€2.6b15.6x13.4x0.8x
Wed, 11 Jun 2025€38.1b€46.8b€2.6b15.5x14.4x0.8x
Fri, 09 May 2025€35.8b€46.7b€2.6b14.8x13.6x0.8x
Sun, 06 Apr 2025€34.2b€47.7b€2.6b14.2x13.2x0.7x
Tue, 04 Mar 2025€38.5b€39.6b€2.4b16.2x16.3x1x
Thu, 30 Jan 2025€42.6b€40.0b€2.3b16.5x18.1x1.1x
Sat, 28 Dec 2024€40.4b€40.0b€2.3b16.6x17.2x1x
Mon, 25 Nov 2024€40.9b€40.1b€2.3b17.1x17.5x1x
Wed, 23 Oct 2024€46.5b€39.7b€2.3b17.2x20.2x1.2x
Fri, 20 Sep 2024€48.7b€39.8b€2.3b19.8x21.1x1.2x
Sun, 18 Aug 2024€45.5b€40.0b€2.3b17.6x19.7x1.1x
Tue, 16 Jul 2024€48.4b€40.1b€2.2b20.3x21.5x1.2x
Thu, 13 Jun 2024€48.6b€40.1b€2.2b21.7x21.6x1.2x
Sat, 11 May 2024€51.7b€40.0b€2.2b22.7x23x1.3x
Mon, 08 Apr 2024€54.4b€39.7b€2.3b22.2x23.9x1.4x
Wed, 06 Mar 2024€57.2b€51.9b€1.2b20.8x46.9x1.1x
Fri, 02 Feb 2024€55.6b€54.3b€1.5b19.2x36.7x1x
Sun, 31 Dec 2023€51.7b€54.3b€1.5b18.8x34.1x1x
Tue, 28 Nov 2023€48.8b€54.3b€1.5b17.1x32.3x0.9x
Thu, 26 Oct 2023€44.1b€54.3b€1.5b16.7x28.8x0.8x
Sat, 23 Sep 2023€46.6b€54.0b€1.6b17.1x29.9x0.9x
Mon, 21 Aug 2023€46.3b€53.9b€1.6b17.3x28.1x0.9x
Wed, 19 Jul 2023€50.4b€52.6b€1.6b19.5x31.6x1x
Fri, 16 Jun 2023€50.2b€52.6b€1.6b18.9x31.5x1x
Sun, 14 May 2023€48.4b€52.4b€1.5b18x32.2x0.9x
Tue, 11 Apr 2023€49.1b€52.3b€1.6b16.4x31.6x0.9x
Thu, 09 Mar 2023€63.8b€56.6b€1.8b19x36.3x1.1x
Sat, 04 Feb 2023€65.8b€52.9b-€990,618,094.0019.9x-66.4x1.2x
Mon, 02 Jan 2023€55.6b€52.8b-€992,694,310.0017.9x-56x1.1x
Price to Earnings Ratio

-56x


Total Market Cap: €55.6bTotal Earnings: -€992,694,310.00Total Revenue: €52.8bTotal Market Cap vs Earnings and Revenue0%0%0%
French IT Industry Price to Earnings3Y Average 17.8x20242025
Current Industry PE
  • Investors are pessimistic on the French IT 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 15.4x which is lower than its 3-year average PE of 17.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.98x.
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 Market-0.39%
Tech-0.89%
IT-2.24%
Internet Services and Infrastructure4.42%
Data Processing Services0.31%
IT Consulting-2.25%
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 18.2x.
    • 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 32% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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
OVH OVH Groupe€7.298.4%
+€85.0m		-15.9%PE2741.1x
AUB Aubay Société Anonyme€55.802.4%
+€16.7m		25.0%PE20.6x
S30 Solutions 30€0.9612.0%
+€11.0m		10.6%PS0.1x
WAVE Wavestone€54.900.5%
+€7.4m		30.2%PE17.1x
ALPRO Prodware€28.000.7%
+€1.5m		185.7%PE7.3x

Latest News

S30
€0.96
Solutions 30
7D
12.0%
1Y
10.6%

Estimating The Intrinsic Value Of Solutions 30 SE (EPA:S30)

Dec 26
Estimating The Intrinsic Value Of Solutions 30 SE (EPA:S30)
SOP
€154.50
Sopra Steria Group
7D
-0.9%
1Y
-8.0%

SOP: Buy Rating Will Remain Backed By Modestly Reduced Revenue Expectations

Analysts have trimmed their fair value estimate for Sopra Steria Group from EUR 201.90 to EUR 197.60, citing slightly softer revenue growth and margin expectations in line with recent Street price target reductions, while maintaining a positive long term view. Analyst Commentary Bullish Takeaways Bullish analysts continue to see upside potential to the current share price, as the latest price target remains comfortably above spot levels despite the modest cut.
WAVE
€54.90
Wavestone
7D
0.5%
1Y
30.2%
ATO
€45.80
Atos
7D
-1.4%
1Y
69.6%
CAP
€141.65
Capgemini
7D
-2.7%
1Y
-9.8%

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

Narrative Update on Capgemini The analyst price target for Capgemini has been reduced by EUR 21, from EUR 186 to EUR 165. Analysts are factoring in slightly higher discount rates and modestly softer long term growth expectations, while maintaining a positive view on the shares.
AUB
€55.80
Aubay Société Anonyme
7D
2.4%
1Y
25.0%

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
OVH
€7.29
OVH Groupe
7D
8.4%
1Y
-15.9%

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
ATE
€71.30
Alten
7D
-4.1%
1Y
-8.9%

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
€15.50
HITECHPROS Société anonyme
7D
5.4%
1Y
1.3%
NRO
€42.60
Neurones
7D
-1.0%
1Y
-3.4%

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
INF
€42.50
Infotel
7D
-1.2%
1Y
-1.6%
ALKEY
€8.22
Keyrus
7D
-1.7%
1Y
4.8%
MLCHE
€61.00
Cheops Technology France Société anonyme
7D
0.8%
1Y
-3.9%
ALPRO
€28.00
Prodware
7D
0.7%
1Y
185.7%
ALNXT
€0.42
Nextedia
7D
5.0%
1Y
-3.4%
MLACT
€1.34
Activium Group SAS
7D
-15.2%
1Y
-9.5%