Israeli (TA) IT Industry Analysis

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
Tue, 22 Oct 2024	₪16.7b	₪31.6b	₪750.2m	18.6x	22.3x	0.5x
Thu, 19 Sep 2024	₪15.4b	₪31.6b	₪750.5m	16.9x	20.5x	0.5x
Sat, 17 Aug 2024	₪15.8b	₪31.0b	₪693.7m	17.8x	22.8x	0.5x
Mon, 15 Jul 2024	₪15.7b	₪30.6b	₪675.0m	19.3x	23.3x	0.5x
Wed, 12 Jun 2024	₪15.0b	₪30.7b	₪671.0m	18.8x	22.3x	0.5x
Fri, 10 May 2024	₪17.0b	₪29.8b	₪630.3m	20.3x	27x	0.6x
Sun, 07 Apr 2024	₪17.1b	₪29.9b	₪633.0m	18.7x	26.9x	0.6x
Tue, 05 Mar 2024	₪15.6b	₪29.3b	₪1.1b	18.8x	14.8x	0.5x
Thu, 01 Feb 2024	₪14.4b	₪26.4b	₪666.0m	18.5x	21.7x	0.5x
Sat, 30 Dec 2023	₪14.1b	₪26.3b	₪663.9m	15.5x	21.3x	0.5x
Mon, 27 Nov 2023	₪14.2b	₪26.5b	₪673.6m	14.9x	21.1x	0.5x
Wed, 25 Oct 2023	₪13.7b	₪27.0b	₪698.6m	13.6x	19.6x	0.5x
Fri, 22 Sep 2023	₪15.9b	₪26.3b	₪682.4m	17.4x	23.3x	0.6x
Sun, 20 Aug 2023	₪15.9b	₪26.1b	₪681.1m	17x	23.3x	0.6x
Tue, 18 Jul 2023	₪15.8b	₪25.3b	₪848.3m	14x	18.7x	0.6x
Thu, 15 Jun 2023	₪16.2b	₪25.2b	₪844.3m	14.4x	19.2x	0.6x
Sat, 13 May 2023	₪15.0b	₪24.9b	₪834.9m	13.5x	18x	0.6x
Mon, 10 Apr 2023	₪13.7b	₪24.7b	₪828.2m	12.2x	16.5x	0.6x
Wed, 08 Mar 2023	₪15.4b	₪25.2b	₪890.7m	13.8x	17.2x	0.6x
Fri, 03 Feb 2023	₪16.9b	₪24.5b	₪872.0m	15.3x	19.4x	0.7x
Sun, 01 Jan 2023	₪16.7b	₪24.8b	₪878.1m	14.6x	19x	0.7x
Tue, 29 Nov 2022	₪17.1b	₪24.4b	₪872.3m	18.4x	19.7x	0.7x
Thu, 27 Oct 2022	₪17.3b	₪23.7b	₪836.8m	17.7x	20.7x	0.7x
Sat, 24 Sep 2022	₪18.4b	₪23.6b	₪895.7m	18.2x	20.6x	0.8x
Mon, 22 Aug 2022	₪19.7b	₪22.9b	₪933.0m	19.6x	21.2x	0.9x
Wed, 20 Jul 2022	₪19.2b	₪22.9b	₪745.7m	24.6x	25.7x	0.8x
Fri, 17 Jun 2022	₪17.2b	₪22.6b	₪761.9m	20.1x	22.6x	0.8x
Sun, 15 May 2022	₪17.7b	₪22.0b	₪730.5m	25.5x	24.3x	0.8x
Tue, 12 Apr 2022	₪19.4b	₪21.5b	₪720.0m	26.1x	26.9x	0.9x
Thu, 10 Mar 2022	₪20.2b	₪21.0b	₪693.6m	28.6x	29.2x	1x
Sat, 05 Feb 2022	₪21.3b	₪20.7b	₪684.9m	28.8x	31x	1x
Mon, 03 Jan 2022	₪22.7b	₪20.5b	₪680.9m	31.4x	33.4x	1.1x
Wed, 01 Dec 2021	₪21.2b	₪20.4b	₪677.4m	29.2x	31.3x	1x
Fri, 29 Oct 2021	₪20.0b	₪19.9b	₪677.8m	28x	29.6x	1x

Current Industry PE

Investors are relatively neutral on the Israeli IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 22.5x.

The industry is trading close to its 3-year average PS ratio of 0.69x.

Past Earnings Growth

The earnings for companies in the IT industry have grown 3.2% 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 Israeli Tech industry?


IL Market	3.34%
Tech	4.25%
IT	3.51%
IT Consulting	3.51%
Internet Services and Infrastructure	0%
Data Processing Services	0%

Industry PE

Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 22.6x.

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 close to its 3-year average of 22.6x.

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
ONE One Software Technologies	₪52.14	5.8% +₪203.1m	27.5%	PE18.7x
FORTY Formula Systems (1985)	₪307.70	4.1% +₪184.0m	35.8%	PE18.6x
MTRX Matrix IT	₪71.51	2.0% +₪88.3m	6.7%	PE18.5x
CMDR Computer Direct Group	₪277.00	3.7% +₪33.6m	16.5%	PE12.6x
MLTM Malam - Team	₪63.66	2.2% +₪29.3m	12.3%	PE20.4x