Calculating The Fair Value Of Speedvalue Ltd (TLV:SPDV)
Apr 16
Israeli (TA) IT Industry Analysis
UpdatedJun 07, 2023
DataAggregated Company Financials
Companies8
- 7D-0.1%
- 3M4.5%
- 1Y-12.9%
- YTD-3.5%
Over the last 7 days, the IT industry has remained flat, although notably Matrix IT gained 3.1%. Unfortunately though, the industry is down 15% over the past 12 months.
Industry Valuation and Performance
Has the Israeli IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 07 Jun 2023 | ₪15.0b | ₪25.4b | ₪853.6m | 13.4x | 17.6x | 0.6x |
| Fri, 05 May 2023 | ₪14.6b | ₪24.7b | ₪831.2m | 13.3x | 17.6x | 0.6x |
| Sun, 02 Apr 2023 | ₪13.5b | ₪24.6b | ₪826.8m | 12.4x | 16.3x | 0.5x |
| Tue, 28 Feb 2023 | ₪14.9b | ₪25.4b | ₪892.9m | 13.2x | 16.7x | 0.6x |
| Thu, 26 Jan 2023 | ₪16.4b | ₪24.5b | ₪870.9m | 14.9x | 18.8x | 0.7x |
| Sat, 24 Dec 2022 | ₪17.0b | ₪24.9b | ₪880.7m | 17.8x | 19.2x | 0.7x |
| Mon, 21 Nov 2022 | ₪17.2b | ₪24.3b | ₪870.7m | 18.1x | 19.8x | 0.7x |
| Wed, 19 Oct 2022 | ₪17.7b | ₪23.7b | ₪898.4m | 18.2x | 19.8x | 0.7x |
| Fri, 16 Sep 2022 | ₪19.1b | ₪23.5b | ₪897.0m | 20x | 21.3x | 0.8x |
| Sun, 14 Aug 2022 | ₪19.6b | ₪22.3b | ₪732.6m | 26.2x | 26.7x | 0.9x |
| Tue, 12 Jul 2022 | ₪19.2b | ₪22.9b | ₪746.5m | 25.3x | 25.8x | 0.8x |
| Thu, 09 Jun 2022 | ₪17.9b | ₪22.3b | ₪752.1m | 20.5x | 23.7x | 0.8x |
| Sat, 07 May 2022 | ₪18.6b | ₪22.0b | ₪730.9m | 25.9x | 25.5x | 0.8x |
| Mon, 04 Apr 2022 | ₪19.8b | ₪21.5b | ₪719.3m | 26.1x | 27.5x | 0.9x |
| Wed, 02 Mar 2022 | ₪20.6b | ₪20.9b | ₪692.4m | 29.3x | 29.7x | 1x |
| Fri, 28 Jan 2022 | ₪20.7b | ₪20.7b | ₪685.2m | 29.5x | 30.2x | 1x |
| Sun, 26 Dec 2021 | ₪21.8b | ₪20.6b | ₪683.0m | 30.2x | 32x | 1.1x |
| Tue, 23 Nov 2021 | ₪21.2b | ₪20.0b | ₪665.3m | 29.3x | 31.9x | 1.1x |
| Thu, 21 Oct 2021 | ₪19.8b | ₪20.0b | ₪680.3m | 27.4x | 29.1x | 1x |
| Sat, 18 Sep 2021 | ₪19.6b | ₪20.0b | ₪690.3m | 26.9x | 28.4x | 1x |
| Mon, 16 Aug 2021 | ₪18.4b | ₪20.1b | ₪692.6m | 27.4x | 26.6x | 0.9x |
| Mon, 31 May 2021 | ₪17.7b | ₪18.9b | ₪659.9m | 26.9x | 26.8x | 0.9x |
| Thu, 04 Mar 2021 | ₪16.4b | ₪17.7b | ₪605.3m | 26.2x | 27.1x | 0.9x |
| Sun, 06 Dec 2020 | ₪15.0b | ₪17.1b | ₪570.0m | 22.5x | 26.3x | 0.9x |
| Wed, 09 Sep 2020 | ₪14.9b | ₪16.9b | ₪586.5m | 21x | 25.4x | 0.9x |
Price to Earnings Ratio
22.6x
Current Industry PE
- Investors are pessimistic on the Israeli 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 17.5x which is lower than its 3-year average PE of 24.7x.
- The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 15% 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 industry?
| IL Market | -0.14% | |
| Tech | 7.42% | |
| IT | -0.15% | |
| Internet Services and Infrastructure | 0% | |
| Data Processing Services | 0% | |
| IT Consulting | -0.15% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 25.0x.
- 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 25.0x.
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 | |
|---|---|---|---|---|---|
| MTRX Matrix IT | ₪71.85 | 3.1% +₪135.7m | -9.5% | PE13.4x | |
| CMDR Computer Direct Group | ₪268.00 | 2.7% +₪24.4m | -5.9% | PE13.4x |