Esker SA's (EPA:ALESK) Intrinsic Value Is Potentially 19% Below Its Share Price
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French (CAC) Software Industry Analysis
UpdatedSep 23, 2022
DataAggregated Company Financials
Companies33
- 7D-4.3%
- 3M-5.1%
- 1Y-31.2%
- YTD-32.1%
Over the last 7 days, the Software industry has dropped 4.3%, driven by a pullback from Dassault Systèmes of 2.5%. Overall the industry is down 31% in 12 months. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the French Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 24 Sep 2022 | €50.2b | €7.5b | €871.9m | 35.5x | 57.6x | 6.7x |
| Mon, 22 Aug 2022 | €60.7b | €7.5b | €868.5m | 33.7x | 69.9x | 8.1x |
| Wed, 20 Jul 2022 | €54.3b | €7.3b | €933.3m | 35x | 58.2x | 7.5x |
| Fri, 17 Jun 2022 | €48.3b | €7.2b | €932.9m | 36.2x | 51.8x | 6.7x |
| Sun, 15 May 2022 | €54.9b | €7.3b | €947.2m | 37.6x | 57.9x | 7.6x |
| Tue, 12 Apr 2022 | €58.8b | €7.0b | €872.1m | 40.8x | 67.4x | 8.3x |
| Thu, 10 Mar 2022 | €60.7b | €7.0b | €879.2m | 35.8x | 69.1x | 8.6x |
| Sat, 05 Feb 2022 | €61.6b | €7.0b | €876.0m | 39.3x | 70.4x | 8.8x |
| Mon, 03 Jan 2022 | €75.6b | €6.8b | €844.6m | 43.1x | 89.5x | 11.1x |
| Wed, 01 Dec 2021 | €76.5b | €6.8b | €833.8m | 41.3x | 91.8x | 11.2x |
| Fri, 29 Oct 2021 | €74.0b | €8.7b | €698.7m | 41.7x | 105.8x | 8.5x |
| Sun, 26 Sep 2021 | €73.2b | €8.7b | €692.2m | 42.5x | 105.8x | 8.4x |
| Tue, 24 Aug 2021 | €69.9b | €6.6b | €722.7m | 49.3x | 96.7x | 10.6x |
| Wed, 30 Jun 2021 | €59.2b | €6.6b | €730.3m | 47.1x | 81.1x | 9x |
| Sat, 03 Apr 2021 | €52.7b | €6.5b | €624.2m | 45.7x | 84.4x | 8.2x |
| Tue, 05 Jan 2021 | €47.9b | €6.4b | €553.7m | 43.7x | 86.5x | 7.5x |
| Fri, 09 Oct 2020 | €45.4b | €6.3b | €495.9m | 45.6x | 91.6x | 7.2x |
| Thu, 02 Jul 2020 | €43.1b | €6.2b | €543.7m | 33.8x | 79.3x | 6.9x |
| Sun, 05 Apr 2020 | €37.7b | €6.1b | €577.2m | 31.5x | 65.3x | 6.2x |
| Wed, 08 Jan 2020 | €41.3b | €5.9b | €600.2m | 34.3x | 68.7x | 7x |
| Tue, 01 Oct 2019 | €36.8b | €5.7b | €652.5m | 34.9x | 56.3x | 6.4x |
Price to Earnings Ratio
56.3x
Current Industry PE
- Investors are pessimistic on the French Software 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 57.6x which is lower than its 3-year average PE of 77.3x.
- The 3-year average PS ratio of 7.9x is higher than the industry's current PS ratio of 6.7x.
Past Earnings Growth
- The earnings for companies in the Software industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 9.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the French Tech industry?
| FR Market | -3.97% | |
| Tech | -5.12% | |
| Software | -4.25% | |
| Application Software | -4.25% | |
| Systems Software | -6.20% | |
Industry PE
- Investors are most optimistic about the Application Software industry even though it's trading below its 3-year average PE ratio of 75.2x.
- Analysts are expecting annual earnings growth of 18.1%, which is lower than the prior year's growth of 23.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 56% over the next 5 years.
- In contrast, the Application Software industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| ESI ESI Group | €71.80 | 2.3% +€9.2m | 7.8% | PS2.9x | |
| CAS Cast | €7.70 | 1.3% +€1.8m | 92.5% | PE57.8x | |
| PROAC Proactis | €0.13 | 4.9% +€812.7k | -18.4% | PS1.4x | |
| ALIMR Immersion | €5.30 | 6.0% +€380.5k | 251.0% | PE27.8x | |
| ALNRG SA Energisme | €0.70 | 1.6% +€81.0k | -80.3% | PS0.9x |
