Narrative Update • Jun 29
Have your own idea? Try our Stock Screener
- 7D0.5%
- 3M115.0%
- 1Y129.6%
- YTD170.9%
Over the last 7 days, the Semiconductors industry has dropped 4.8%, driven by a pullback from STMicroelectronics of 5.0%. This takes the industry's 12 month performance to a gain of 122%. As for the next few years, earnings are expected to grow by 42% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 04 Jul 2026 | €62.1b | €12.3b | -€65,416,345.00 | 53.1x | -949.6x | 5.1x |
| Mon, 01 Jun 2026 | €61.4b | €12.0b | -€71,576,380.00 | 83.2x | -858x | 5.1x |
| Wed, 29 Apr 2026 | €42.9b | €12.2b | €170.3m | 55.9x | 251.8x | 3.5x |
| Fri, 27 Mar 2026 | €29.3b | €11.9b | €176.6m | 44.1x | 165.8x | 2.5x |
| Sun, 22 Feb 2026 | €28.0b | €11.7b | €172.8m | 47.6x | 162.3x | 2.4x |
| Tue, 20 Jan 2026 | €22.9b | €11.7b | €485.5m | 43x | 47.2x | 1.9x |
| 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 |
Price to Earnings Ratio
10.4x
Current Industry PE
- Investors are optimistic on the French Semiconductor industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
- Total earnings for the Semiconductor industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 11% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the French Tech industry?
| FR Market | 1.51% | |
| Tech | 2.17% | |
| Semiconductors | 0.52% | |
| Semiconductor Equipment | 2.83% | |
| Semiconductors | 0.32% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 52.1x.
- Analysts are expecting annual earnings growth of 40.7%, which is higher than its past year's earnings decline of 62.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Semiconductor Equipment industry, expecting annual earnings growth of 63% over the next 5 years.
- This is better than its past earnings growth rate of 39% per year.
- In contrast, the Semiconductors industry is expected to see its earnings grow by 41% 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 | €62.78 | 0.3% +€177.8m | 130.9% | PE434.2x | |
| SOI Soitec | €117.30 | 2.6% +€105.3m | 146.7% | PS7.1x | |
| ALSEM SEMCO Technologies Société anonyme | €52.20 | 6.3% +€31.8m | 248.0% | PE53.1x | |
| ALKAL Kalray | €9.42 | 17.5% +€21.0m | 1,862.5% | PS5.7x | |
| MEMS MEMSCAP | €4.90 | 5.2% +€1.8m | 21.3% | PE41.7x |