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Greek (ASE) Tech Sector Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies16
  • 7D-2.6%
  • 3M-1.8%
  • 1Y3.4%
  • YTD0.2%

Over the last 7 days, the Tech industry has dropped 2.6%, driven by a pullback from Quest Holdings of 3.0%. This takes the industry's 12 month performance to a gain of 3.4%. Looking forward, earnings are forecast to grow by 7.6% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024€1.5b€2.4b€99.9m13.8x15x0.6x
Tue, 22 Oct 2024€1.6b€2.4b€95.3m16x16.5x0.7x
Thu, 19 Sep 2024€2.2b€2.4b€112.7m20x19.4x0.9x
Sat, 17 Aug 2024€2.4b€2.4b€122.0m20.5x19.8x1x
Mon, 15 Jul 2024€2.4b€2.3b€120.4m21.2x20.2x1x
Wed, 12 Jun 2024€2.4b€2.3b€120.0m21x20.1x1x
Fri, 10 May 2024€2.5b€2.2b€119.1m21.2x20.9x1.1x
Sun, 07 Apr 2024€2.3b€2.1b€141.3m19.7x16x1.1x
Tue, 05 Mar 2024€2.4b€2.0b€131.8m21.5x17.9x1.2x
Thu, 01 Feb 2024€2.2b€2.1b€135.4m20x16.3x1.1x
Sat, 30 Dec 2023€2.3b€2.1b€135.4m18.1x16.6x1.1x
Mon, 27 Nov 2023€2.2b€2.1b€135.4m16.8x16.3x1.1x
Wed, 25 Oct 2023€2.1b€2.1b€138.5m16.5x15x1x
Fri, 22 Sep 2023€2.1b€2.0b€133.8m19.1x16x1.1x
Sun, 20 Aug 2023€2.5b€2.0b€123.6m20.1x20.4x1.3x
Tue, 18 Jul 2023€2.2b€2.0b€121.4m21.7x18.3x1.1x
Thu, 15 Jun 2023€2.1b€2.0b€121.4m19.7x17.4x1.1x
Sat, 13 May 2023€1.8b€1.9b€119.2m19.1x15.1x1x
Mon, 10 Apr 2023€1.5b€1.5b€81.3m18.5x18.8x1x
Wed, 08 Mar 2023€1.5b€1.4b€4.2m24.4x365x1.1x
Fri, 03 Feb 2023€1.5b€1.4b€4.2m24.4x361.8x1x
Sun, 01 Jan 2023€1.4b€1.4b€4.2m23.5x334.4x1x
Tue, 29 Nov 2022€1.4b€1.4b€4.2m23.4x332.1x1x
Thu, 27 Oct 2022€1.2b€1.4b€81.5m19.8x15.3x0.9x
Sat, 24 Sep 2022€1.3b€1.4b€76.3m20.9x16.6x0.9x
Mon, 22 Aug 2022€1.4b€1.3b€74.6m21.5x18.4x1x
Wed, 20 Jul 2022€1.3b€1.3b€74.3m20.3x17.6x1x
Fri, 17 Jun 2022€1.2b€1.3b€74.3m17.6x16.7x0.9x
Sun, 15 May 2022€1.4b€1.3b€71.5m23.9x20x1.1x
Tue, 12 Apr 2022€1.7b€1.3b€68.9m28x24.3x1.3x
Thu, 10 Mar 2022€1.5b€1.2b€58.6m25.5x24.8x1.2x
Sat, 05 Feb 2022€1.6b€1.2b€58.6m27.9x27.6x1.4x
Mon, 03 Jan 2022€1.6b€1.2b€58.6m28x26.7x1.3x
Wed, 01 Dec 2021€1.5b€1.2b€58.6m26.5x25.4x1.3x
Price to Earnings Ratio

25.4x


Total Market Cap: €1.5bTotal Earnings: €58.6mTotal Revenue: €1.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Tech Sector Price to Earnings3Y Average 58.6x202220232024
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 15.0x which is lower than its 3-year average PE of 58.7x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.62x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 27% 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-0.85%
Tech-2.62%
Communications0%
Semiconductors0%
Software-1.93%
IT-2.54%
Electronic Equipment and Components-2.56%
Tech Hardware-3.60%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 14.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Tech Hardware industry, which is trading below its 3-year average of 21.7x.
Forecasted Growth
  • Analysts are most optimistic on the Tech Hardware industry, expecting annual earnings growth of 24% over the next 5 years.
  • However this is lower than its past earnings growth rate of 86% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings decline by 3.8% 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
REALCONS Real Consulting€3.210.3%
+€215.0k
30.0%n/a
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