French (CAC) Tech Hardware Industry Analysis

Industry Valuation and Performance

Has the French Tech Hardware Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 25 May 2026	€4.1b	€1.9b	-€49,220,708.00	16.5x	-82.9x	2.2x
Wed, 22 Apr 2026	€3.9b	€1.9b	-€42,985,574.00	17.2x	-90.2x	2.1x
Fri, 20 Mar 2026	€3.4b	€1.7b	€87.1m	13.9x	38.7x	2x
Sun, 15 Feb 2026	€3.3b	€1.7b	€87.1m	12.3x	37.6x	1.9x
Tue, 13 Jan 2026	€3.3b	€1.7b	€87.1m	13.5x	37.4x	1.9x
Thu, 11 Dec 2025	€3.2b	€1.7b	€87.1m	12.6x	36.6x	1.8x
Sat, 08 Nov 2025	€3.3b	€1.7b	€87.1m	12.5x	38.4x	1.9x
Mon, 06 Oct 2025	€3.4b	€1.6b	€90.5m	14.3x	37.2x	2.1x
Wed, 03 Sep 2025	€3.4b	€1.7b	€103.5m	15.3x	32.7x	2x
Fri, 01 Aug 2025	€3.4b	€1.7b	€103.1m	16.7x	33.4x	2.1x
Sun, 29 Jun 2025	€3.4b	€1.7b	€103.1m	17.2x	32.6x	2x
Tue, 27 May 2025	€3.3b	€1.7b	€103.1m	17.3x	31.6x	1.9x
Thu, 24 Apr 2025	€3.7b	€1.7b	€102.5m	14.2x	36.4x	2.2x
Sat, 22 Mar 2025	€3.9b	€1.6b	€96.7m	13.5x	40.7x	2.4x
Mon, 17 Feb 2025	€4.3b	€1.6b	€97.1m	11.9x	44.8x	2.7x
Wed, 15 Jan 2025	€3.9b	€1.6b	€97.1m	11.7x	39.8x	2.4x
Fri, 13 Dec 2024	€3.6b	€1.6b	€97.1m	11.1x	36.7x	2.2x
Sun, 10 Nov 2024	€3.5b	€1.6b	€96.8m	12.1x	35.8x	2.1x
Tue, 08 Oct 2024	€3.4b	€1.7b	€91.2m	11.1x	37.2x	2.1x
Thu, 05 Sep 2024	€2.4b	€1.6b	€107.4m	11.4x	22x	1.5x
Sat, 03 Aug 2024	€2.3b	€1.6b	€107.0m	15.2x	21.7x	1.4x
Mon, 01 Jul 2024	€2.2b	€1.6b	€107.0m	13.5x	20.5x	1.4x
Wed, 29 May 2024	€2.4b	€1.6b	€107.0m	16.5x	22.8x	1.5x
Fri, 26 Apr 2024	€2.2b	€1.6b	€100.8m	16x	22.1x	1.4x
Sun, 24 Mar 2024	€2.2b	€1.6b	€34.7m	24.4x	64.4x	1.4x
Tue, 20 Feb 2024	€2.3b	€1.6b	€34.7m	23.5x	65.6x	1.4x
Thu, 18 Jan 2024	€2.5b	€1.8b	€50.4m	14.6x	48.7x	1.4x
Sat, 16 Dec 2023	€2.5b	€1.8b	€48.3m	16.6x	51.9x	1.4x
Mon, 13 Nov 2023	€2.5b	€1.8b	€49.9m	17.6x	49.4x	1.4x
Wed, 11 Oct 2023	€2.4b	€1.8b	€48.6m	14.8x	48.8x	1.3x
Fri, 08 Sep 2023	€2.5b	€1.8b	€60.7m	14.7x	40.7x	1.4x
Sun, 06 Aug 2023	€2.5b	€1.8b	€60.7m	14.6x	41.7x	1.4x
Tue, 04 Jul 2023	€2.5b	€1.8b	€71.7m	24.8x	34.4x	1.4x
Thu, 01 Jun 2023	€2.3b	€1.8b	€71.7m	20.1x	32.1x	1.3x

Current Industry PE

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

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

Past Earnings Growth

Total earnings for the Tech industry have declined over the last three years, with the industry now making a loss overall.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, 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	1.81%
Tech	6.95%
Tech Hardware	6.28%
Tech Hardware Storage and Peripherals	6.28%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
AL2SI 2CRSI	€49.40	32.1% +€270.9m	861.1%	PE137x
ARTO Société Industrielle et Financière de l'Artois Société anonyme	€9.15k	1.7% +€39.9m	1.7%	PE293.5x
QDT Quadient	€12.30	3.4% +€13.6m	-25.7%	PS0.4x
ALMDG MGI Digital Technology Société Anonyme	€13.76	4.2% +€3.4m	9.2%	PE12.6x
GUI Guillemot	€4.85	3.2% +€2.2m	4.5%	PS0.6x

Company

Last Price

Valuation

AL2SI 2CRSI

€49.40

32.1%
+€270.9m

861.1%

PE137x

ARTO Société Industrielle et Financière de l'Artois Société anonyme

€9.15k

1.7%
+€39.9m

1.7%

PE293.5x

QDT Quadient

€12.30

3.4%
+€13.6m

-25.7%

PS0.4x

ALMDG MGI Digital Technology Société Anonyme

€13.76

4.2%
+€3.4m

9.2%

PE12.6x

GUI Guillemot

€4.85

3.2%
+€2.2m

4.5%

PS0.6x

New major risk - Shareholder dilution

The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 292% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€5.4m free cash flow). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (292% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€9.40m market cap, or US$10.9m).

French (CAC) Tech Hardware Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Price target increased by 24% to €47.05

New minor risk - Dividend sustainability

New major risk - Shareholder dilution

Ordissimo SA, Annual General Meeting, Jun 30, 2026

Now 20% undervalued

QDT: Expanded SaaS Communications Footprint Will Support A Stronger Long Term Outlook

Earnings Troubles May Signal Larger Issues for MGI Digital Technology Société Anonyme (EPA:ALMDG) Shareholders

Archos S.A. has announced a Derivatives Offering in the amount of €1.935101 million.

Société Industrielle et Financière de l'Artois Société anonyme, Annual General Meeting, Jun 19, 2026