French (CAC) Semiconductors Industry Analysis

UpdatedDec 18, 2025

DataAggregated Company Financials

Companies8

7D-2.2%
3M-11.3%
1Y-19.9%
YTD-14.9%

Over the last 7 days, the Semiconductors industry has dropped 2.2%, driven by STMicroelectronics declining 2.0%. Meanwhile, SEMCO Technologies Société anonyme actually outperformed within the industry, gaining 8.2% in the last week. The industry has fallen 20% in the last year. Looking forward, earnings are forecast to grow by 38% annually.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 18 Dec 2025	€21.4b	€11.7b	€481.3m	41.3x	44.5x	1.8x
Sat, 15 Nov 2025	€20.6b	€11.9b	€568.1m	36.7x	36.3x	1.7x
Mon, 13 Oct 2025	€24.3b	€11.9b	€674.5m	35.5x	36x	2x
Wed, 10 Sep 2025	€22.4b	€11.8b	€661.7m	34.4x	33.8x	1.9x
Fri, 08 Aug 2025	€21.9b	€11.9b	€664.3m	34.1x	32.9x	1.8x
Sun, 06 Jul 2025	€27.0b	€12.1b	€1.1b	19.9x	25.6x	2.2x
Tue, 03 Jun 2025	€21.6b	€12.5b	€1.1b	16.3x	19.9x	1.7x
Thu, 01 May 2025	€20.2b	€12.6b	€1.1b	15.8x	18.2x	1.6x
Sat, 29 Mar 2025	€20.8b	€14.0b	€1.6b	12.8x	13x	1.5x
Mon, 24 Feb 2025	€27.0b	€14.5b	€1.6b	16.1x	16.4x	1.9x
Wed, 22 Jan 2025	€25.9b	€15.5b	€2.2b	15.1x	11.9x	1.7x
Fri, 20 Dec 2024	€24.8b	€15.6b	€2.2b	11.7x	11.3x	1.6x
Sun, 17 Nov 2024	€24.7b	€15.4b	€2.2b	11.1x	11.1x	1.6x
Tue, 15 Oct 2024	€26.7b	€16.0b	€2.8b	11.4x	9.4x	1.7x
Thu, 12 Sep 2024	€27.1b	€15.9b	€2.8b	14.6x	9.6x	1.7x
Sat, 10 Aug 2024	€28.7b	€16.0b	€2.9b	14.6x	10.1x	1.8x
Mon, 08 Jul 2024	€40.0b	€17.1b	€3.5b	16x	11.5x	2.3x
Wed, 05 Jun 2024	€40.1b	€17.1b	€3.5b	16.1x	11.5x	2.3x
Fri, 03 May 2024	€37.0b	€17.3b	€3.6b	15.1x	10.4x	2.1x
Sun, 31 Mar 2024	€40.6b	€18.0b	€4.1b	15.8x	10x	2.3x
Tue, 27 Feb 2024	€43.5b	€17.9b	€4.2b	23x	10.3x	2.4x
Thu, 25 Jan 2024	€45.0b	€17.9b	€4.7b	23.5x	9.5x	2.5x
Sat, 23 Dec 2023	€48.5b	€17.7b	€4.7b	26.9x	10.4x	2.7x
Mon, 20 Nov 2023	€45.4b	€17.9b	€4.7b	27.4x	9.6x	2.5x
Wed, 18 Oct 2023	€44.3b	€18.4b	€4.8b	23.5x	9.2x	2.4x
Fri, 15 Sep 2023	€45.1b	€18.2b	€4.8b	24.8x	9.4x	2.5x
Sun, 13 Aug 2023	€47.1b	€17.7b	€4.7b	26.2x	10.1x	2.7x
Tue, 11 Jul 2023	€46.8b	€17.2b	€4.5b	22.9x	10.4x	2.7x
Thu, 08 Jun 2023	€45.3b	€17.5b	€4.6b	21.9x	9.9x	2.6x
Sat, 06 May 2023	€41.1b	€17.0b	€4.5b	21.8x	9.2x	2.4x
Mon, 03 Apr 2023	€51.0b	€16.6b	€4.2b	23.5x	12x	3.1x
Wed, 01 Mar 2023	€47.6b	€16.9b	€4.0b	22.6x	11.9x	2.8x
Fri, 27 Jan 2023	€45.1b	€16.5b	€3.9b	22.8x	11.6x	2.7x
Sun, 25 Dec 2022	€37.1b	€16.1b	€3.5b	24.6x	10.6x	2.3x

Price to Earnings Ratio

10.6x

Sun, 25 Dec 2022

Current Industry PE

Investors are optimistic on the French Semiconductor industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 44.5x which is higher than its 3-year average PE of 15.2x.

The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.8x.

Past Earnings Growth

The earnings for companies in the Semiconductor industry have declined 48% per year over the last three years,
Revenues have also declined 10% 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 industry?


FR Market	0.73%
Tech	0.93%
Semiconductors	-2.21%
Semiconductors	-2.15%
Semiconductor Equipment	-3.15%

Industry PE

Investors are most optimistic about the Semiconductor Equipment industry which is trading above its 3-year average PE ratio of 22.4x.

Analysts are expecting annual earnings growth of 43.3%, which is higher than its past year's earnings decline of 34.5% per year.

Investors are most pessimistic about the Semiconductors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.1x.

Forecasted Growth

Analysts are most optimistic on the Semiconductor Equipment industry, expecting annual earnings growth of 43% over the next 5 years.
This is better than its past earnings decline of 34% per year.