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Israeli (TA) Tech Sector Analysis

UpdatedDec 08, 2022
DataAggregated Company Financials
Companies64
  • 7D-1.0%
  • 3M-11.7%
  • 1Y-29.1%
  • YTD-30.9%

In the last week, the Tech industry is flat overall, with Hilan standing out by going down 6.9%. Unfortunately though, the industry is down 27% over the past 12 months. As for the next few years, earnings are expected to grow by 22% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Dec 2022₪73.7b₪42.2b₪1.7b16.6x44.6x1.7x
Sat, 05 Nov 2022₪74.5b₪41.5b₪1.6b19x46.2x1.8x
Mon, 03 Oct 2022₪76.2b₪39.9b₪1.6b17.3x47.3x1.9x
Wed, 31 Aug 2022₪84.4b₪38.2b₪1.5b20.7x55.7x2.2x
Fri, 29 Jul 2022₪81.4b₪37.7b₪1.3b21.2x65.1x2.2x
Sun, 26 Jun 2022₪79.2b₪39.3b₪1.3b20.3x60x2x
Tue, 24 May 2022₪76.2b₪36.7b₪1.3b20.2x59.8x2.1x
Thu, 21 Apr 2022₪82.6b₪35.4b₪1.2b21.3x67.4x2.3x
Sat, 19 Mar 2022₪81.4b₪35.0b₪1.3b20.7x64.7x2.3x
Mon, 14 Feb 2022₪92.9b₪34.1b₪1.3b25.6x73.8x2.7x
Wed, 12 Jan 2022₪97.5b₪33.4b₪1.2b26.1x80.7x2.9x
Fri, 10 Dec 2021₪101.3b₪33.4b₪1.2b27x87.5x3x
Sun, 07 Nov 2021₪97.1b₪32.1b₪1.2b27.2x81.3x3x
Tue, 05 Oct 2021₪93.3b₪32.7b₪1.2b23.3x77x2.9x
Thu, 02 Sep 2021₪96.3b₪32.8b₪1.3b24.5x72.7x2.9x
Sat, 31 Jul 2021₪93.6b₪32.8b₪1.3b26.1x70.7x2.9x
Tue, 04 May 2021₪81.1b₪31.1b₪1.4b21.5x57.7x2.6x
Fri, 05 Feb 2021₪80.9b₪29.1b₪1.3b22.6x60.3x2.8x
Mon, 09 Nov 2020₪71.5b₪29.0b₪1.4b18.9x49.6x2.5x
Sun, 02 Aug 2020₪65.8b₪28.9b₪1.3b15.2x50.4x2.3x
Wed, 06 May 2020₪55.9b₪29.3b₪1.3b15.4x43.1x1.9x
Sat, 08 Feb 2020₪58.5b₪28.4b₪1.2b19.4x50.1x2.1x
Price to Earnings Ratio

46x


Total Market Cap: ₪53.8bTotal Earnings: ₪1.2bTotal Revenue: ₪28.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Tech Sector Price to Earnings3Y Average 58.8x20212022
Current Industry PE
  • Investors are pessimistic on the Israeli 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 45.2x which is lower than its 3-year average PE of 58.8x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Israeli Tech sector?

IL Market-2.07%
Tech-0.96%
Communications4.50%
Tech Hardware1.88%
Software0.46%
IT-3.26%
Electronic Equipment and Components-4.18%
Semiconductors-5.73%
Industry PE
  • Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 290x.
    • 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 industry, which is trading below its 3-year average of 25.3x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 73% over the next 5 years.
  • This is better than its past earnings growth rate of 25% per year.
  • In contrast, the Software industry is expected to see its earnings grow by 19% 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
NICE NICE₪655.201.3%
+₪521.0m
-29.9%PE49.2x
HUB HUB Security₪7.0217.2%
+₪123.9m
86.8%PS3.5x
ABRA Abra Information Technologies₪3.926.1%
+₪17.1m
4.6%PS0.9x
HIPR Hiper Global₪17.372.2%
+₪16.4m
n/an/a
SNCM Suny Cellular Communication₪1.704.5%
+₪16.1m
4.7%PE4.9x
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SPDV

₪5.71

Speedvalue

7D

9.2%

1Y

-32.2%

EMCO

₪8.70

E & M Computing

7D

1.8%

1Y

-63.3%

SHVA

₪15.68

Automatic Bank Services

7D

-7.5%

1Y

-41.7%

FORTY

₪263.70

Formula Systems (1985)

7D

-5.3%

1Y

-29.0%

PRTC

₪65.61

Priortech

7D

-8.3%

1Y

-40.4%

ONE

₪47.52

One Software Technologies

7D

-5.0%

1Y

-14.8%

NYAX

₪64.59

Nayax

7D

-5.2%

1Y

-43.8%

SNCM

₪1.70

Suny Cellular Communication

7D

4.5%

1Y

4.7%

HLAN

₪155.10

Hilan

7D

-6.9%

1Y

-22.6%

HUB

₪7.02

HUB Security

7D

17.2%

1Y

86.8%

UWAY

₪20.57

UserWay

7D

4.0%

1Y

n/a

ABRA

₪3.92

Abra Information Technologies

7D

6.1%

1Y

4.6%