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Greek (ASE) Tech Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
  • 7D4.8%
  • 3M20.7%
  • 1Y122.7%
  • YTD81.2%

Over the last 7 days, the Tech industry has risen 4.8%, driven by gains from Epsilon Net of 8.4%. This takes the industry's 12 month performance to a gain of 123%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 05 Dec 2021€1.5b€1.2b€58.6m27x
Tue, 02 Nov 2021€1.4b€1.1b€44.9m26.1x
Thu, 30 Sep 2021€1.3b€1.1b€44.2m26.2x
Sat, 28 Aug 2021€1.3b€1.1b€39.9m29.2x
Sun, 04 Jul 2021€967.8m€1.1b€39.9m22.1x
Wed, 07 Apr 2021€763.1m€1.0b€35.6m18.9x
Sat, 09 Jan 2021€725.4m€964.2m€28.4m20.6x
Fri, 02 Oct 2020€548.1m€916.9m€9.4m16.2x
Mon, 06 Jul 2020€467.4m€874.7m€16.3m19.6x
Thu, 09 Apr 2020€389.2m€853.0m€15.2m15.5x
Wed, 01 Jan 2020€483.4m€831.5m€15.2m25x
Sat, 05 Oct 2019€495.7m€797.5m€31.3m19.7x
Tue, 09 Jul 2019€478.4m€764.8m€29.9m21.3x
Mon, 01 Apr 2019€377.3m€739.3m€26.9m17.7x
Thu, 03 Jan 2019€336.4m€723.7m€20.9m15.6x
PE Ratio


Total Market Cap: €336.4mTotal Earnings: €20.9mTotal Revenue: €723.7m0%0%0%3 Year10 Year

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 26.8x which is higher than its 3-year average PE of 20.4x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Information Technology industry have grown 41% per year over the last three years, and revenues for these companies have grown 18% 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?

Electronic Equipment and Components2.16%

Industry PE: Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio of 23.4x. However analysts are expecting annual earnings growth of 23%, which is lower than the prior year's growth of 169% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the IT industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 19.3x.

Forecasted Growth: Analysts are most optimistic on the Software industry, expecting annual earnings growth of 23% over the next 5 years. However this is lower than its past earnings growth rate of 169% per year. Meanwhile, the Electronic Equipment and Components industry is expected to see its earnings grow by 5.8% per year over the next few years.

Top Stock Gainers and Losers

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

EPSIL Epsilon Net8.4%+€22.5m479.7%PE49.5x
ENTER Entersoft6.2%+€9.6m167.6%PE34.1x
QUEST Quest Holdings1.4%+€8.6m84.4%PE15.5x
BYTE Byte Computer16.8%+€7.0m148.8%PE22.7x
INTEK Ideal Group5.8%+€6.3m102.8%n/a
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