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Greek (ASE) Tech Sector Analysis

UpdatedMar 29, 2024
DataAggregated Company Financials
Companies17
  • 7D0.2%
  • 3M7.0%
  • 1Y34.4%
  • YTD7.2%

In the last week, Tech has been flat. The past year has been better, since the industry has gained 34% in that time. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

Has the Greek Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 Mar 2024€2.4b€2.0b€138.0m21.2x17.1x1.1x
Sun, 25 Feb 2024€2.2b€2.0b€131.8m21.1x17x1.1x
Tue, 23 Jan 2024€2.2b€2.1b€135.4m20.1x16.5x1.1x
Thu, 21 Dec 2023€2.3b€2.1b€135.4m16.8x16.7x1.1x
Sat, 18 Nov 2023€2.2b€2.1b€135.6m16.4x16.4x1.1x
Mon, 16 Oct 2023€2.1b€2.1b€138.5m17x14.9x1x
Wed, 13 Sep 2023€2.3b€2.0b€128.9m19.7x17.9x1.2x
Fri, 11 Aug 2023€2.3b€2.0b€123.6m20.1x18.9x1.2x
Sun, 09 Jul 2023€2.2b€2.0b€121.4m20.7x17.7x1.1x
Tue, 06 Jun 2023€2.0b€2.0b€121.3m18.7x16.9x1x
Thu, 04 May 2023€1.6b€1.6b€114.5m16.4x13.7x1x
Sat, 01 Apr 2023€1.5b€1.4b€4.2m24.1x366.5x1.1x
Mon, 27 Feb 2023€1.5b€1.4b€4.2m25.2x365.4x1.1x
Wed, 25 Jan 2023€1.5b€1.4b€4.2m23.3x351.2x1x
Fri, 23 Dec 2022€1.4b€1.4b€4.2m22.8x330.4x1x
Sun, 20 Nov 2022€1.3b€1.4b€81.6m21.9x16.3x0.9x
Tue, 18 Oct 2022€1.2b€1.4b€81.5m19.1x15.3x0.9x
Thu, 15 Sep 2022€1.3b€1.4b€73.3m21.4x17.7x1x
Sat, 13 Aug 2022€1.3b€1.3b€74.6m22.4x18x1x
Mon, 11 Jul 2022€1.3b€1.3b€74.3m20x17.3x1x
Wed, 08 Jun 2022€1.4b€1.3b€74.3m22.6x19.4x1.1x
Fri, 06 May 2022€1.5b€1.3b€70.9m25.2x21x1.2x
Sun, 03 Apr 2022€1.6b€1.2b€65.0m27.6x25.3x1.4x
Tue, 01 Mar 2022€1.5b€1.2b€58.6m26.5x26.1x1.3x
Thu, 27 Jan 2022€1.6b€1.2b€58.6m28.8x27x1.3x
Sat, 25 Dec 2021€1.5b€1.2b€58.6m27.9x26.1x1.3x
Mon, 22 Nov 2021€1.5b€1.1b€45.1m27.5x33.5x1.3x
Wed, 20 Oct 2021€1.3b€1.1b€44.9m24.8x29.5x1.2x
Fri, 17 Sep 2021€1.3b€1.1b€40.8m28.7x31.3x1.1x
Sun, 15 Aug 2021€1.2b€1.1b€39.9m25.4x30.2x1.1x
Thu, 10 Jun 2021€948.6m€1.0b€35.6m23.9x26.7x0.9x
Price to Earnings Ratio

21.5x


Total Market Cap: €763.1mTotal Earnings: €35.6mTotal Revenue: €1.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Tech Sector Price to Earnings3Y Average 60.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Greek Information Technology 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 17.1x which is lower than its 3-year average PE of 60.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 57% per year over the last three years.
  • Revenues for these companies have grown 26% 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 Greek Tech sector?

GR Market-0.80%
Tech0.22%
Communications5.23%
IT4.11%
Electronic Equipment and Components1.36%
Semiconductors0%
Software-1.40%
Tech Hardware-2.74%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 23.4x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Tech Hardware industry, expecting annual earnings growth of 24% over the next 5 years.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 7.6% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
QUEST Quest Holdings€5.881.2%
+€7.4m
16.0%PE15.1x
REALCONS Real Consulting€4.275.7%
+€4.9m
117.9%n/a
QUAL Quality & ReliabilityE.E€1.3315.2%
+€4.8m
145.4%PS5.5x
CPI CPI Computer Peripherals International€0.9341.2%
+€2.9m
58.0%PS0.5x
INTEK Ideal Holdings€6.280.6%
+€1.9m
47.1%PE8x
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