Israeli (TA) Tech Sector Analysis

Sector Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 08 Dec 2022	₪73.7b	₪42.2b	₪1.7b	16.6x	44.6x	1.7x
Sat, 05 Nov 2022	₪74.5b	₪41.5b	₪1.6b	19x	46.2x	1.8x
Mon, 03 Oct 2022	₪76.2b	₪39.9b	₪1.6b	17.3x	47.3x	1.9x
Wed, 31 Aug 2022	₪84.4b	₪38.2b	₪1.5b	20.7x	55.7x	2.2x
Fri, 29 Jul 2022	₪81.4b	₪37.7b	₪1.3b	21.2x	65.1x	2.2x
Sun, 26 Jun 2022	₪79.2b	₪39.3b	₪1.3b	20.3x	60x	2x
Tue, 24 May 2022	₪76.2b	₪36.7b	₪1.3b	20.2x	59.8x	2.1x
Thu, 21 Apr 2022	₪82.6b	₪35.4b	₪1.2b	21.3x	67.4x	2.3x
Sat, 19 Mar 2022	₪81.4b	₪35.0b	₪1.3b	20.7x	64.7x	2.3x
Mon, 14 Feb 2022	₪92.9b	₪34.1b	₪1.3b	25.6x	73.8x	2.7x
Wed, 12 Jan 2022	₪97.5b	₪33.4b	₪1.2b	26.1x	80.7x	2.9x
Fri, 10 Dec 2021	₪101.3b	₪33.4b	₪1.2b	27x	87.5x	3x
Sun, 07 Nov 2021	₪97.1b	₪32.1b	₪1.2b	27.2x	81.3x	3x
Tue, 05 Oct 2021	₪93.3b	₪32.7b	₪1.2b	23.3x	77x	2.9x
Thu, 02 Sep 2021	₪96.3b	₪32.8b	₪1.3b	24.5x	72.7x	2.9x
Sat, 31 Jul 2021	₪93.6b	₪32.8b	₪1.3b	26.1x	70.7x	2.9x
Tue, 04 May 2021	₪81.1b	₪31.1b	₪1.4b	21.5x	57.7x	2.6x
Fri, 05 Feb 2021	₪80.9b	₪29.1b	₪1.3b	22.6x	60.3x	2.8x
Mon, 09 Nov 2020	₪71.5b	₪29.0b	₪1.4b	18.9x	49.6x	2.5x
Sun, 02 Aug 2020	₪65.8b	₪28.9b	₪1.3b	15.2x	50.4x	2.3x
Wed, 06 May 2020	₪55.9b	₪29.3b	₪1.3b	15.4x	43.1x	1.9x
Sat, 08 Feb 2020	₪58.5b	₪28.4b	₪1.2b	19.4x	50.1x	2.1x

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%
Communications	4.50%
Tech Hardware	1.88%
Software	0.46%
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?

Company	Last Price	7D	1Y	Valuation
NICE NICE	₪655.20	1.3% +₪521.0m	-29.9%	PE49.2x
HUB HUB Security	₪7.02	17.2% +₪123.9m	86.8%	PS3.5x
ABRA Abra Information Technologies	₪3.92	6.1% +₪17.1m	4.6%	PS0.9x
HIPR Hiper Global	₪17.37	2.2% +₪16.4m	n/a	n/a
SNCM Suny Cellular Communication	₪1.70	4.5% +₪16.1m	4.7%	PE4.9x

Nov 01

Sector Valuation and Performance