Impressive Earnings May Not Tell The Whole Story For Performance Technologies (ATH:PERF)
Apr 08
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- 7D3.8%
- 3M-6.3%
- 1Y36.7%
- YTD-6.2%
Over the last 7 days, the IT industry has risen 2.4%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 37%. As for the next few years, earnings are expected to grow by 20% per annum.
Industry Valuation and Performance
Has the Greek IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 15 Apr 2026 | €494.5m | €298.5m | €12.2m | 29.6x | 40.6x | 1.7x |
| Fri, 13 Mar 2026 | €410.8m | €289.6m | €11.1m | 28.7x | 36.9x | 1.4x |
| Sun, 08 Feb 2026 | €468.9m | €289.6m | €11.1m | 35.6x | 42.1x | 1.6x |
| Tue, 06 Jan 2026 | €461.2m | €289.6m | €11.1m | 30.2x | 41.4x | 1.6x |
| Thu, 04 Dec 2025 | €409.8m | €294.6m | €12.8m | 24.4x | 32x | 1.4x |
| Sat, 01 Nov 2025 | €400.7m | €294.6m | €12.8m | 25.3x | 31.3x | 1.4x |
| Mon, 29 Sep 2025 | €379.9m | €299.9m | €13.2m | 26.3x | 28.7x | 1.3x |
| Wed, 27 Aug 2025 | €374.5m | €289.9m | €11.4m | 27.7x | 32.8x | 1.3x |
| Fri, 25 Jul 2025 | €367.5m | €289.9m | €11.4m | 26.9x | 32.2x | 1.3x |
| Sun, 22 Jun 2025 | €334.4m | €289.9m | €11.4m | 20.3x | 29.3x | 1.2x |
| Tue, 20 May 2025 | €333.4m | €289.9m | €11.4m | 21.8x | 29.2x | 1.1x |
| Thu, 17 Apr 2025 | €315.6m | €259.7m | €11.4m | 12.5x | 27.6x | 1.2x |
| Sat, 15 Mar 2025 | €293.1m | €253.1m | €10.8m | 13.3x | 27.2x | 1.2x |
| Mon, 10 Feb 2025 | €297.1m | €253.1m | €10.8m | 13.8x | 27.5x | 1.2x |
| Wed, 08 Jan 2025 | €310.2m | €253.1m | €10.8m | 15.2x | 28.8x | 1.2x |
| Fri, 06 Dec 2024 | €285.8m | €253.1m | €10.8m | 13.8x | 26.5x | 1.1x |
| Sun, 03 Nov 2024 | €298.0m | €253.1m | €10.8m | 14.8x | 27.6x | 1.2x |
| Tue, 01 Oct 2024 | €320.2m | €221.1m | €11.8m | 15.8x | 27.1x | 1.4x |
| Thu, 29 Aug 2024 | €317.6m | €221.2m | €12.2m | 14.8x | 26.1x | 1.4x |
| Sat, 27 Jul 2024 | €318.6m | €221.2m | €12.2m | 15x | 26.1x | 1.4x |
| Mon, 24 Jun 2024 | €308.5m | €221.2m | €12.2m | 15.1x | 25.3x | 1.4x |
| Wed, 22 May 2024 | €314.0m | €221.2m | €12.2m | 15.8x | 25.8x | 1.4x |
| Fri, 19 Apr 2024 | €266.1m | €207.3m | €10.7m | 11x | 24.8x | 1.3x |
| Sun, 17 Mar 2024 | €273.3m | €198.3m | €10.1m | 11.9x | 27.1x | 1.4x |
| Tue, 13 Feb 2024 | €244.6m | €198.3m | €10.1m | 11.2x | 24.3x | 1.2x |
| Thu, 11 Jan 2024 | €294.0m | €242.7m | €13.6m | 13.7x | 21.6x | 1.2x |
| Sat, 09 Dec 2023 | €267.8m | €242.7m | €13.6m | 13.3x | 19.6x | 1.1x |
| Mon, 06 Nov 2023 | €244.2m | €242.7m | €13.6m | 12.3x | 17.9x | 1x |
| Wed, 04 Oct 2023 | €247.1m | €235.7m | €13.7m | 12.3x | 18x | 1x |
| Fri, 01 Sep 2023 | €282.5m | €224.5m | €13.5m | 13.8x | 20.9x | 1.3x |
| Sun, 30 Jul 2023 | €265.8m | €224.1m | €12.5m | 16.7x | 21.2x | 1.2x |
| Tue, 27 Jun 2023 | €237.4m | €224.1m | €12.5m | 16.1x | 19x | 1.1x |
| Thu, 25 May 2023 | €223.0m | €215.6m | €12.8m | 15x | 17.4x | 1x |
| Sat, 22 Apr 2023 | €217.1m | €209.9m | €12.9m | 14.8x | 16.8x | 1x |
Price to Earnings Ratio
16.8x
Current Industry PE
- Investors are optimistic on the Greek IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.6x which is higher than its 3-year average PE of 27.0x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 2.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% per year.
- This means that although more sales are being generated, 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 Greek Tech industry?
| GR Market | 7.50% | |
| Tech | 3.51% | |
| IT | 3.85% | |
| IT Consulting | 3.85% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 27.0x.
- Analysts are expecting annual earnings growth of 20.1%, which is higher than its past year's earnings growth of 3.5% per year.
- Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 27.0x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings growth rate of 3.5% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| REALCONS Real Consulting | €5.78 | 5.1% +€8.4m | 29.9% | PE77.7x | |
| PERF Performance Technologies | €8.20 | 4.3% +€4.8m | 51.6% | PE16.5x | |
| EIS European Innovation Solutions | €1.58 | 9.0% +€2.0m | 48.8% | n/a | |
| SPACE Space Hellas | €6.28 | 3.3% +€1.3m | 13.4% | PE21.5x | |
| QUAL Quality & ReliabilityE.E | €1.14 | 3.1% +€1.2m | 4.0% | PE37.8x |