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Feb 03
French (CAC) IT Industry Analysis
UpdatedFeb 03, 2023
DataAggregated Company Financials
Companies35
- 7D7.7%
- 3M15.5%
- 1Y-5.7%
- YTD16.6%
Over the last 7 days, the IT industry has risen 7.7%, driven by gains from Capgemini of 9.5%. In contrast, the industry has lost 5.7% in the last 12 months. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the French IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 Feb 2023 | €65.9b | €52.9b | -€990,618,094.00 | 19.9x | -66.5x | 1.2x |
| Sun, 01 Jan 2023 | €55.7b | €52.8b | -€992,694,310.00 | 17.9x | -56.1x | 1.1x |
| Tue, 29 Nov 2022 | €61.7b | €52.7b | -€999,188,799.00 | 17.8x | -61.7x | 1.2x |
| Thu, 27 Oct 2022 | €60.3b | €52.7b | -€1,008,358,731.00 | 17.5x | -59.8x | 1.1x |
| Sat, 24 Sep 2022 | €54.5b | €52.1b | -€1,064,187,619.00 | 17.6x | -51.2x | 1x |
| Mon, 22 Aug 2022 | €63.0b | €51.7b | -€1,203,146,619.00 | 21.3x | -52.4x | 1.2x |
| Wed, 20 Jul 2022 | €56.4b | €49.0b | -€1,081,468,619.00 | 19.5x | -52.2x | 1.2x |
| Fri, 17 Jun 2022 | €56.2b | €49.0b | -€1,081,260,652.00 | 19.2x | -51.9x | 1.1x |
| Sun, 15 May 2022 | €63.5b | €49.2b | -€1,016,848,411.00 | 23.2x | -62.4x | 1.3x |
| Tue, 12 Apr 2022 | €65.1b | €49.1b | -€977,779,089.00 | 21.8x | -66.6x | 1.3x |
| Thu, 10 Mar 2022 | €66.9b | €49.9b | -€895,981,067.00 | 22.1x | -74.6x | 1.3x |
| Sat, 05 Feb 2022 | €71.2b | €48.4b | €2.0b | 24x | 35.8x | 1.5x |
| Mon, 03 Jan 2022 | €79.3b | €48.4b | €2.0b | 27.2x | 39.8x | 1.6x |
| Wed, 01 Dec 2021 | €73.3b | €48.3b | €2.0b | 23x | 37.5x | 1.5x |
| Fri, 29 Oct 2021 | €74.0b | €46.1b | €2.0b | 23.8x | 37.5x | 1.6x |
| Sun, 26 Sep 2021 | €72.0b | €45.3b | €2.0b | 28.5x | 35.9x | 1.6x |
| Tue, 24 Aug 2021 | €73.6b | €45.2b | €2.0b | 29.5x | 37.6x | 1.6x |
| Wed, 30 Jun 2021 | €68.8b | €45.2b | €2.0b | 25x | 35.2x | 1.5x |
| Sat, 03 Apr 2021 | €64.7b | €44.1b | €2.1b | 22.6x | 31.3x | 1.5x |
| Tue, 05 Jan 2021 | €63.5b | €42.9b | €2.2b | 22.1x | 29.2x | 1.5x |
| Fri, 09 Oct 2020 | €50.9b | €42.5b | €2.2b | 19.6x | 23.7x | 1.2x |
| Thu, 02 Jul 2020 | €49.7b | €42.0b | €2.1b | 15.6x | 23.4x | 1.2x |
| Sun, 05 Apr 2020 | €38.0b | €41.9b | €2.1b | 12.9x | 17.9x | 0.9x |
Price to Earnings Ratio
24.2x
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 PS ratio of 1.3x.
Past Earnings Growth
- Total earnings for the IT industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 8.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the French Tech industry?
| FR Market | 1.14% | |
| Tech | 8.20% | |
| IT | 7.66% | |
| Data Processing Services | 8.68% | |
| IT Consulting | 7.91% | |
| Internet Services and Infrastructure | 0.064% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry, which is trading close to its 3-year average PE ratio of 71.3x.
- Analysts are expecting annual earnings growth of 43.8%, which is higher than its past year's earnings growth of 36.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 89% over the next 5 years.
- This is better than its past earnings growth rate of 14% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| CAP Capgemini | €189.00 | 9.2% +€2.8b | -2.1% | PE23.7x | |
| WLN Worldline | €44.02 | 6.4% +€746.7m | 3.6% | PE64.9x | |
| ATE Alten | €148.70 | 7.3% +€343.0m | 3.8% | PE19.6x | |
| SOP Sopra Steria Group | €163.20 | 7.4% +€226.3m | 5.3% | PE15.3x | |
| EDEN Edenred | €50.78 | 1.5% +€189.4m | 39.3% | PE36.2x |
