Quality & ReliabilityE.E (ATH:QUAL) Takes On Some Risk With Its Use Of Debt
Nov 23
Greek (ASE) IT Industry Analysis
UpdatedMar 16, 2023
DataAggregated Company Financials
Companies7
- 7D-2.5%
- 3M-0.1%
- 1Y-18.4%
- YTD3.2%
Over the last 7 days, the IT industry has dropped 2.5%, driven by pullbacks from every company within the industry. Overall the industry is down 18% in 12 months.
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 |
|---|---|---|---|---|---|---|
| Fri, 17 Mar 2023 | €203.1m | €209.9m | €12.9m | 13.7x | 15.7x | 1x |
| Sun, 12 Feb 2023 | €223.9m | €209.9m | €12.9m | 15x | 17.3x | 1.1x |
| Tue, 10 Jan 2023 | €210.5m | €209.9m | €12.9m | 14.4x | 16.3x | 1x |
| Thu, 08 Dec 2022 | €211.3m | €209.9m | €12.9m | 14.3x | 16.3x | 1x |
| Sat, 05 Nov 2022 | €210.3m | €209.9m | €12.9m | 14.5x | 16.2x | 1x |
| Mon, 03 Oct 2022 | €210.2m | €193.2m | €11.9m | 14x | 17.7x | 1.1x |
| Wed, 31 Aug 2022 | €211.7m | €190.2m | €11.1m | 13.6x | 19x | 1.1x |
| Fri, 29 Jul 2022 | €218.5m | €188.3m | €10.5m | 14.1x | 20.8x | 1.2x |
| Sun, 26 Jun 2022 | €209.8m | €188.3m | €10.5m | 13.8x | 20x | 1.1x |
| Tue, 24 May 2022 | €239.1m | €188.3m | €10.5m | 15.1x | 22.8x | 1.3x |
| Thu, 21 Apr 2022 | €252.6m | €164.2m | €7.8m | 22x | 32.6x | 1.5x |
| Sat, 19 Mar 2022 | €236.2m | €160.5m | €6.8m | 21.9x | 34.9x | 1.5x |
| Mon, 14 Feb 2022 | €256.7m | €160.5m | €6.8m | 25.7x | 37.9x | 1.6x |
| Wed, 12 Jan 2022 | €265.0m | €160.5m | €6.8m | 25x | 39.1x | 1.7x |
| Fri, 10 Dec 2021 | €229.1m | €160.5m | €6.8m | 21.9x | 33.8x | 1.4x |
| Sun, 07 Nov 2021 | €228.2m | €160.5m | €6.8m | 22.3x | 33.7x | 1.4x |
| Tue, 05 Oct 2021 | €215.1m | €160.5m | €6.8m | 20.1x | 31.8x | 1.3x |
| Thu, 02 Sep 2021 | €211.2m | €146.6m | €5.4m | 26.4x | 38.9x | 1.4x |
| Sat, 31 Jul 2021 | €142.0m | €146.6m | €5.4m | 22.1x | 26.2x | 1x |
| Tue, 04 May 2021 | €115.0m | €146.6m | €5.4m | 18x | 21.2x | 0.8x |
| Fri, 05 Feb 2021 | €99.6m | €146.6m | €5.4m | 13.4x | 18.3x | 0.7x |
| Mon, 09 Nov 2020 | €66.4m | €141.1m | €4.8m | 12x | 13.8x | 0.5x |
| Sun, 02 Aug 2020 | €66.8m | €135.6m | €4.2m | 12.8x | 15.8x | 0.5x |
| Wed, 06 May 2020 | €58.3m | €132.9m | €3.8m | 16x | 15.5x | 0.4x |
Price to Earnings Ratio
12.8x
Current Industry PE
- Investors are pessimistic on the Greek IT 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 16.0x which is lower than its 3-year average PE of 22.0x.
- The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 51% per year over the last three years.
- Revenues for these companies have grown 16% 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 industry?
| GR Market | -4.63% | |
| Tech | -4.55% | |
| IT | -2.46% | |
| Internet Services and Infrastructure | 0% | |
| Data Processing Services | 0% | |
| IT Consulting | -2.46% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 22.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 22.0x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| QUAL Quality & ReliabilityE.E | €0.51 | 0.8% +€109.4k | 6.9% | PS2.9x |