Header cover image

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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jun 2023₪15.0b₪25.4b₪853.6m13.4x17.6x0.6x
Fri, 05 May 2023₪14.6b₪24.7b₪831.2m13.3x17.6x0.6x
Sun, 02 Apr 2023₪13.5b₪24.6b₪826.8m12.4x16.3x0.5x
Tue, 28 Feb 2023₪14.9b₪25.4b₪892.9m13.2x16.7x0.6x
Thu, 26 Jan 2023₪16.4b₪24.5b₪870.9m14.9x18.8x0.7x
Sat, 24 Dec 2022₪17.0b₪24.9b₪880.7m17.8x19.2x0.7x
Mon, 21 Nov 2022₪17.2b₪24.3b₪870.7m18.1x19.8x0.7x
Wed, 19 Oct 2022₪17.7b₪23.7b₪898.4m18.2x19.8x0.7x
Fri, 16 Sep 2022₪19.1b₪23.5b₪897.0m20x21.3x0.8x
Sun, 14 Aug 2022₪19.6b₪22.3b₪732.6m26.2x26.7x0.9x
Tue, 12 Jul 2022₪19.2b₪22.9b₪746.5m25.3x25.8x0.8x
Thu, 09 Jun 2022₪17.9b₪22.3b₪752.1m20.5x23.7x0.8x
Sat, 07 May 2022₪18.6b₪22.0b₪730.9m25.9x25.5x0.8x
Mon, 04 Apr 2022₪19.8b₪21.5b₪719.3m26.1x27.5x0.9x
Wed, 02 Mar 2022₪20.6b₪20.9b₪692.4m29.3x29.7x1x
Fri, 28 Jan 2022₪20.7b₪20.7b₪685.2m29.5x30.2x1x
Sun, 26 Dec 2021₪21.8b₪20.6b₪683.0m30.2x32x1.1x
Tue, 23 Nov 2021₪21.2b₪20.0b₪665.3m29.3x31.9x1.1x
Thu, 21 Oct 2021₪19.8b₪20.0b₪680.3m27.4x29.1x1x
Sat, 18 Sep 2021₪19.6b₪20.0b₪690.3m26.9x28.4x1x
Mon, 16 Aug 2021₪18.4b₪20.1b₪692.6m27.4x26.6x0.9x
Mon, 31 May 2021₪17.7b₪18.9b₪659.9m26.9x26.8x0.9x
Thu, 04 Mar 2021₪16.4b₪17.7b₪605.3m26.2x27.1x0.9x
Sun, 06 Dec 2020₪15.0b₪17.1b₪570.0m22.5x26.3x0.9x
Wed, 09 Sep 2020₪14.9b₪16.9b₪586.5m21x25.4x0.9x
Price to Earnings Ratio

22.6x


Total Market Cap: ₪13.3bTotal Earnings: ₪586.5mTotal Revenue: ₪16.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli IT Industry Price to Earnings3Y Average 24.7x202120222023
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%
Tech7.42%
IT-0.15%
Internet Services and Infrastructure0%
Data Processing Services0%
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?

CompanyLast Price7D1YValuation
MTRX Matrix IT₪71.853.1%
+₪135.7m
-9.5%PE13.4x
CMDR Computer Direct Group₪268.002.7%
+₪24.4m
-5.9%PE13.4x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

CMDR

₪268.00

Computer Direct Group

7D

2.7%

1Y

-5.9%

FORTY

₪249.20

Formula Systems (1985)

7D

-2.7%

1Y

-21.6%

MLTM

₪60.80

Malam - Team

7D

-1.8%

1Y

-18.0%

EMCO

₪9.23

E & M Computing

7D

-6.7%

1Y

-4.9%

ONE

₪45.60

One Software Technologies

7D

-0.4%

1Y

-8.5%

MTRX

₪71.85

Matrix IT

7D

3.1%

1Y

-9.5%