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Greek (ASE) IT Industry Analysis
UpdatedAug 25, 2025
DataAggregated Company Financials
Companies7
- 7D-0.07%
- 3M11.1%
- 1Y20.0%
- YTD24.2%
Over the last 7 days, the IT industry has remained flat, although notably European Innovation Solutions gained 8.0%. As for the the longer term, the industry is up 20% over the past 12 months. Earnings are forecast to grow by 31% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 26 Aug 2025 | €373.7m | €289.9m | €11.4m | 26.3x | 32.7x | 1.3x |
| Thu, 24 Jul 2025 | €369.2m | €289.9m | €11.4m | 27.1x | 32.3x | 1.3x |
| Sat, 21 Jun 2025 | €334.4m | €289.9m | €11.4m | 20.3x | 29.3x | 1.2x |
| Mon, 19 May 2025 | €331.6m | €289.9m | €11.4m | 22x | 29x | 1.1x |
| Wed, 16 Apr 2025 | €313.5m | €259.7m | €11.4m | 12.5x | 27.4x | 1.2x |
| Fri, 14 Mar 2025 | €291.3m | €253.1m | €10.8m | 13.2x | 27x | 1.2x |
| Sun, 09 Feb 2025 | €297.1m | €253.1m | €10.8m | 13.8x | 27.5x | 1.2x |
| Tue, 07 Jan 2025 | €307.1m | €253.1m | €10.8m | 15.3x | 28.5x | 1.2x |
| Thu, 05 Dec 2024 | €286.1m | €253.1m | €10.8m | 13.7x | 26.5x | 1.1x |
| Sat, 02 Nov 2024 | €298.0m | €253.1m | €10.8m | 14.8x | 27.6x | 1.2x |
| Mon, 30 Sep 2024 | €325.3m | €221.1m | €11.8m | 16.4x | 27.6x | 1.5x |
| Wed, 28 Aug 2024 | €313.0m | €221.2m | €12.2m | 14.5x | 25.7x | 1.4x |
| Fri, 26 Jul 2024 | €317.8m | €221.2m | €12.2m | 14.8x | 26.1x | 1.4x |
| Sun, 23 Jun 2024 | €308.5m | €221.2m | €12.2m | 15.1x | 25.3x | 1.4x |
| Tue, 21 May 2024 | €314.5m | €217.5m | €11.3m | 10.2x | 27.9x | 1.4x |
| Thu, 18 Apr 2024 | €262.4m | €207.3m | €10.7m | 10.5x | 24.5x | 1.3x |
| Sat, 16 Mar 2024 | €273.3m | €198.3m | €10.1m | 11.9x | 27.1x | 1.4x |
| Mon, 12 Feb 2024 | €246.5m | €198.3m | €10.1m | 11.4x | 24.5x | 1.2x |
| Wed, 10 Jan 2024 | €293.0m | €242.7m | €13.6m | 13.7x | 21.5x | 1.2x |
| Fri, 08 Dec 2023 | €264.5m | €242.7m | €13.6m | 13.1x | 19.4x | 1.1x |
| Sun, 05 Nov 2023 | €244.2m | €242.7m | €13.6m | 12.3x | 17.9x | 1x |
| Tue, 03 Oct 2023 | €252.3m | €235.7m | €13.7m | 12.5x | 18.4x | 1.1x |
| Thu, 31 Aug 2023 | €286.9m | €224.5m | €13.5m | 14x | 21.2x | 1.3x |
| Sat, 29 Jul 2023 | €265.8m | €224.1m | €12.5m | 16.7x | 21.2x | 1.2x |
| Mon, 26 Jun 2023 | €242.3m | €224.1m | €12.5m | 16.2x | 19.3x | 1.1x |
| Wed, 24 May 2023 | €221.6m | €215.6m | €12.8m | 15x | 17.3x | 1x |
| Fri, 21 Apr 2023 | €217.5m | €209.9m | €12.9m | 14.9x | 16.8x | 1x |
| Sun, 19 Mar 2023 | €202.7m | €209.9m | €12.9m | 13.7x | 15.7x | 1x |
| Tue, 14 Feb 2023 | €226.4m | €209.9m | €12.9m | 15.2x | 17.5x | 1.1x |
| Thu, 12 Jan 2023 | €213.3m | €209.9m | €12.9m | 14.4x | 16.5x | 1x |
| Sat, 10 Dec 2022 | €211.7m | €209.9m | €12.9m | 14.3x | 16.3x | 1x |
| Mon, 07 Nov 2022 | €210.3m | €209.9m | €12.9m | 14.5x | 16.2x | 1x |
| Wed, 05 Oct 2022 | €207.7m | €209.9m | €12.9m | 14x | 16x | 1x |
| Fri, 02 Sep 2022 | €214.9m | €190.2m | €11.1m | 13.5x | 19.3x | 1.1x |
Price to Earnings Ratio
19.3x
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 32.7x which is higher than its 3-year average PE of 23.0x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the IT industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 15% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Greek Tech industry?
| GR Market | 0.43% | |
| Tech | 1.24% | |
| IT | -0.069% | |
| IT Consulting | -0.069% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 23.0x.
- Analysts are expecting annual earnings growth of 31.0%, which is higher than its past year's earnings decline of 30.2% 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 23.0x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings decline of 30% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 31% 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 | |
|---|---|---|---|---|---|
| EIS European Innovation Solutions | €1.41 | 8.0% +€1.6m | 13.0% | PE13x | |
| SOFTWEB SOFTWeb Adaptive I.T. Solutions | €2.06 | 11.4% +€1.1m | 14.2% | n/a | |
| SPACE Space Hellas | €7.74 | 1.0% +€516.5k | 19.4% | PE27x | |
| QUAL Quality & ReliabilityE.E | €1.37 | 0.4% +€164.1k | 16.6% | PE114.4x |
