Narrative Update • May 17
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Israeli (TA) Tech Sector Analysis
UpdatedMay 20, 2026
DataAggregated Company Financials
Companies57
- 7D-1.5%
- 3M-0.9%
- 1Y6.2%
- YTD-8.3%
Over the last 7 days, the Tech industry has dropped 1.5%, driven by NextVision Stabilized Systems declining 7.6%. Meanwhile, NICE actually outperformed within the industry, gaining 8.3% in the last week. In the past year, the industry has gained 6.2%. As for the next few years, earnings are expected to grow by 25% per annum.
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, 21 May 2026 | ₪98.3b | ₪54.3b | ₪3.4b | 25.1x | 28.9x | 1.8x |
| Sat, 18 Apr 2026 | ₪100.9b | ₪54.0b | ₪3.6b | 25.6x | 27.7x | 1.9x |
| Mon, 16 Mar 2026 | ₪112.2b | ₪56.0b | ₪3.9b | 25.9x | 28.5x | 2x |
| Wed, 11 Feb 2026 | ₪104.9b | ₪55.2b | ₪3.7b | 25.9x | 28.7x | 1.9x |
| Fri, 09 Jan 2026 | ₪106.0b | ₪55.8b | ₪3.7b | 26x | 28.4x | 1.9x |
| Sun, 07 Dec 2025 | ₪89.2b | ₪56.3b | ₪3.8b | 23.6x | 23.5x | 1.6x |
| Tue, 04 Nov 2025 | ₪94.4b | ₪54.5b | ₪3.6b | 25.2x | 26.2x | 1.7x |
| Thu, 02 Oct 2025 | ₪93.9b | ₪54.7b | ₪3.6b | 20.9x | 25.8x | 1.7x |
| Sat, 30 Aug 2025 | ₪89.5b | ₪54.8b | ₪3.6b | 19.6x | 24.5x | 1.6x |
| Mon, 28 Jul 2025 | ₪93.9b | ₪53.6b | ₪3.3b | 21.6x | 28.4x | 1.8x |
| Wed, 25 Jun 2025 | ₪90.5b | ₪54.0b | ₪3.3b | 20.4x | 27.1x | 1.7x |
| Fri, 23 May 2025 | ₪85.2b | ₪54.6b | ₪3.3b | 18.1x | 25.6x | 1.6x |
| Sun, 20 Apr 2025 | ₪80.1b | ₪55.1b | ₪3.3b | 16.7x | 24.5x | 1.5x |
| Tue, 18 Mar 2025 | ₪80.1b | ₪54.0b | ₪3.1b | 17x | 26x | 1.5x |
| Thu, 13 Feb 2025 | ₪83.2b | ₪52.4b | ₪2.9b | 16.1x | 29x | 1.6x |
| Sat, 11 Jan 2025 | ₪80.0b | ₪52.8b | ₪2.9b | 16.4x | 27.4x | 1.5x |
| Mon, 09 Dec 2024 | ₪81.6b | ₪52.1b | ₪2.9b | 15.7x | 28.6x | 1.6x |
| Wed, 06 Nov 2024 | ₪76.5b | ₪52.1b | ₪2.6b | 15x | 28.9x | 1.5x |
| Fri, 04 Oct 2024 | ₪73.3b | ₪52.4b | ₪2.7b | 14.5x | 27.4x | 1.4x |
| Sun, 01 Sep 2024 | ₪74.3b | ₪51.5b | ₪2.6b | 13.9x | 28.6x | 1.4x |
| Tue, 30 Jul 2024 | ₪76.8b | ₪51.0b | ₪2.4b | 14.1x | 32.4x | 1.5x |
| Thu, 27 Jun 2024 | ₪73.0b | ₪50.1b | ₪2.3b | 12.8x | 31.2x | 1.5x |
| Sat, 25 May 2024 | ₪81.7b | ₪48.5b | ₪2.2b | 13.2x | 36.7x | 1.7x |
| Mon, 22 Apr 2024 | ₪90.6b | ₪48.4b | ₪2.1b | 13.1x | 43.1x | 1.9x |
| Wed, 20 Mar 2024 | ₪91.4b | ₪47.9b | ₪2.5b | 13x | 37.2x | 1.9x |
| Fri, 16 Feb 2024 | ₪83.8b | ₪47.2b | ₪2.3b | 11.4x | 36.5x | 1.8x |
| Sun, 14 Jan 2024 | ₪80.2b | ₪45.4b | ₪2.0b | 11.5x | 40.9x | 1.8x |
| Tue, 12 Dec 2023 | ₪75.9b | ₪45.3b | ₪2.0b | 11.3x | 38.9x | 1.7x |
| Thu, 09 Nov 2023 | ₪69.4b | ₪45.1b | ₪1.8b | 11.8x | 38.1x | 1.5x |
| Sat, 07 Oct 2023 | ₪72.4b | ₪45.2b | ₪1.8b | 13.2x | 40x | 1.6x |
| Mon, 04 Sep 2023 | ₪77.6b | ₪45.0b | ₪1.8b | 13.8x | 43.9x | 1.7x |
| Wed, 02 Aug 2023 | ₪79.2b | ₪43.1b | ₪1.7b | 14.1x | 45.8x | 1.8x |
| Fri, 30 Jun 2023 | ₪76.7b | ₪43.5b | ₪1.7b | 14.2x | 44.6x | 1.8x |
| Sun, 28 May 2023 | ₪71.9b | ₪41.8b | ₪1.6b | 14.2x | 43.9x | 1.7x |
Price to Earnings Ratio
43.9x
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 28.9x which is lower than its 3-year average PE of 32.3x.
- The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 28% per year over the last three years.
- Revenues for these companies have grown 9.1% 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 | -5.18% | |
| Tech | -1.48% | |
| Software | 6.79% | |
| IT | 1.88% | |
| Tech Hardware | 0% | 0 |
| Semiconductors | -1.44% | |
| Electronic Equipment and Components | -5.80% | |
| Communications | -14.53% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 42.1x.
- Analysts are expecting annual earnings growth of 32.6%, which is higher than its past year's earnings growth of 13.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 33% over the next 5 years.
- This is better than its past earnings growth rate of 14% per year.
- In contrast, the Software industry is expected to see its earnings grow by 8.4% 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 | ₪267.30 | 7.0% +₪1.0b | -54.3% | PE10.2x | |
| MTRX Matrix IT | ₪92.19 | 3.6% +₪295.2m | -6.9% | PE27.8x | |
| ONE One Software Technologies | ₪65.70 | 4.3% +₪197.4m | -16.5% | PE18.4x | |
| TLSY Telsys | ₪317.90 | 5.7% +₪155.7m | 58.4% | PE27.2x | |
| RPOL RP Optical Lab | ₪40.70 | 4.6% +₪132.7m | n/a | PE167.8x |