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French (CAC) Software Industry Analysis
UpdatedApr 17, 2024
DataAggregated Company Financials
Companies30
- 7D-2.3%
- 3M-14.1%
- 1Y3.5%
- YTD-8.7%
Over the last 7 days, the Software industry has dropped 3.0%, driven by a pullback from Dassault Systèmes of 2.5%. On the other hand Linedata Services is actually up 5.4%. This takes the industry's 12 month performance to a gain of 4.0%. Looking forward, earnings are forecast to grow by 14% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | €55.3b | €7.6b | €1.1b | 44.1x | 49.4x | 7.3x |
| Fri, 15 Mar 2024 | €59.2b | €7.6b | €1.1b | 57.4x | 53.1x | 7.8x |
| Sun, 11 Feb 2024 | €61.7b | €7.6b | €1.0b | 61.5x | 59.4x | 8.1x |
| Tue, 09 Jan 2024 | €61.7b | €8.0b | €1.1b | 57.8x | 57.1x | 7.8x |
| Thu, 07 Dec 2023 | €63.8b | €8.0b | €1.1b | 56x | 59.2x | 8x |
| Sat, 04 Nov 2023 | €57.5b | €8.0b | €1.1b | 49.7x | 53.1x | 7.2x |
| Mon, 02 Oct 2023 | €51.1b | €7.8b | €1.0b | 43.4x | 49.3x | 6.6x |
| Wed, 30 Aug 2023 | €53.1b | €7.8b | €1.1b | 43.5x | 50.5x | 6.8x |
| Fri, 28 Jul 2023 | €54.2b | €7.8b | €1.1b | 45x | 51.3x | 7x |
| Sun, 25 Jun 2023 | €56.5b | €7.7b | €948.6m | 31x | 59.6x | 7.3x |
| Tue, 23 May 2023 | €56.4b | €7.7b | €958.1m | 35.1x | 58.9x | 7.3x |
| Thu, 20 Apr 2023 | €53.7b | €7.6b | €972.6m | 33.9x | 55.2x | 7.1x |
| Sat, 18 Mar 2023 | €54.0b | €7.6b | €944.1m | 38.4x | 57.2x | 7.2x |
| Mon, 13 Feb 2023 | €53.6b | €7.5b | €1.0b | 42.6x | 53.3x | 7.1x |
| Wed, 11 Jan 2023 | €50.1b | €7.3b | €913.9m | 35.9x | 54.8x | 6.9x |
| Fri, 09 Dec 2022 | €49.8b | €7.3b | €911.8m | 34.8x | 54.6x | 6.8x |
| Sun, 06 Nov 2022 | €48.3b | €7.3b | €905.2m | 38.5x | 53.3x | 6.6x |
| Tue, 04 Oct 2022 | €51.0b | €7.5b | €872.4m | 27.2x | 58.5x | 6.8x |
| Thu, 01 Sep 2022 | €55.3b | €7.5b | €868.6m | 31.9x | 63.6x | 7.4x |
| Sat, 30 Jul 2022 | €59.4b | €7.5b | €875.2m | 35.2x | 67.9x | 8x |
| Mon, 27 Jun 2022 | €52.6b | €7.2b | €932.9m | 36x | 56.4x | 7.3x |
| Wed, 25 May 2022 | €53.7b | €7.3b | €941.3m | 36.8x | 57.1x | 7.4x |
| Fri, 22 Apr 2022 | €59.1b | €7.0b | €850.0m | 40.2x | 69.5x | 8.4x |
| Sun, 20 Mar 2022 | €65.4b | €7.0b | €874.2m | 39.9x | 74.9x | 9.3x |
| Tue, 15 Feb 2022 | €58.7b | €7.0b | €881.1m | 37.9x | 66.6x | 8.3x |
| Thu, 13 Jan 2022 | €68.3b | €6.8b | €844.6m | 43.3x | 80.9x | 10x |
| Sat, 11 Dec 2021 | €76.4b | €6.8b | €843.7m | 40.5x | 90.5x | 11.2x |
| Mon, 08 Nov 2021 | €78.0b | €6.8b | €833.7m | 42x | 93.5x | 11.4x |
| Wed, 06 Oct 2021 | €66.3b | €8.7b | €691.7m | 40.3x | 95.8x | 7.6x |
| Fri, 03 Sep 2021 | €70.5b | €6.6b | €722.7m | 50.2x | 97.6x | 10.7x |
| Sun, 01 Aug 2021 | €67.3b | €6.6b | €722.7m | 47.7x | 93.1x | 10.2x |
| Wed, 05 May 2021 | €55.9b | €6.5b | €624.2m | 48.6x | 89.6x | 8.7x |
Price to Earnings Ratio
89.6x
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 49.4x which is lower than its 3-year average PE of 66.4x.
- The industry is trading close to its 3-year average PS ratio of 8.0x.
Past Earnings Growth
- The earnings for companies in the Software industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 5.7% 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 | -0.19% | |
| Tech | -2.46% | |
| Software | -2.35% | |
| Systems Software | 0.30% | |
| Application Software | -2.35% | |
Industry PE
- Investors are most optimistic about the Application Software industry even though it's trading below its 3-year average PE ratio of 64.9x.
- Analysts are expecting annual earnings growth of 14.3%, which is higher than its past year's earnings decline of 3.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 83% over the next 5 years.
- In contrast, the Application Software 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 | |
|---|---|---|---|---|---|
| LIN Linedata Services | €73.80 | 5.4% +€18.8m | 67.0% | PE14.4x | |
| CLA Claranova | €2.69 | 13.3% +€17.9m | 41.1% | PS0.3x | |
| ALBFR Sidetrade | €160.50 | 1.6% +€3.5m | 15.1% | PE39.4x | |
| ALPRG Prologue | €0.20 | 13.3% +€2.0m | -17.0% | PS0.1x | |
| PROAC Proactis | €0.06 | 8.1% +€609.5k | -47.8% | PS0.6x |
