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Israeli (TA) IT Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies8
  • 7D-2.6%
  • 3M-1.5%
  • 1Y7.1%
  • YTD-5.6%

Over the last 7 days, the IT industry has dropped 2.6%, driven by a pullback from Matrix IT of 5.0%. Over the past 12 months, the industry was up 7.1%.

Industry Valuation and Performance

Has the Israeli IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Apr 2024₪16.2b₪29.9b₪632.9m19.1x25.7x0.5x
Wed, 20 Mar 2024₪16.6b₪29.7b₪1.1b19.6x15.6x0.6x
Fri, 16 Feb 2024₪14.6b₪29.4b₪1.1b17.8x13.8x0.5x
Sun, 14 Jan 2024₪14.2b₪26.6b₪671.7m15.9x21.2x0.5x
Tue, 12 Dec 2023₪13.7b₪26.6b₪673.1m14.2x20.3x0.5x
Thu, 09 Nov 2023₪14.1b₪26.3b₪683.5m14.2x20.6x0.5x
Sat, 07 Oct 2023₪16.0b₪26.4b₪684.5m16.8x23.3x0.6x
Mon, 04 Sep 2023₪15.8b₪26.3b₪681.6m17.5x23.2x0.6x
Wed, 02 Aug 2023₪15.6b₪25.3b₪849.4m14.3x18.4x0.6x
Fri, 30 Jun 2023₪16.0b₪25.5b₪854.5m14x18.7x0.6x
Sun, 28 May 2023₪14.7b₪25.4b₪853.0m13.4x17.3x0.6x
Tue, 25 Apr 2023₪13.4b₪24.8b₪831.8m13.1x16.2x0.5x
Thu, 23 Mar 2023₪14.3b₪25.1b₪857.7m12.4x16.6x0.6x
Sat, 18 Feb 2023₪16.2b₪25.0b₪886.1m14.5x18.3x0.6x
Mon, 16 Jan 2023₪17.2b₪24.6b₪872.8m15.3x19.7x0.7x
Wed, 14 Dec 2022₪17.0b₪24.6b₪875.3m18x19.4x0.7x
Fri, 11 Nov 2022₪17.2b₪23.7b₪836.6m18.5x20.5x0.7x
Sun, 09 Oct 2022₪17.6b₪23.7b₪898.6m18x19.6x0.7x
Tue, 06 Sep 2022₪19.5b₪23.4b₪898.1m19.6x21.7x0.8x
Thu, 04 Aug 2022₪19.3b₪22.6b₪739.4m25x26.1x0.9x
Sat, 02 Jul 2022₪18.5b₪23.0b₪747.5m24.2x24.7x0.8x
Mon, 30 May 2022₪18.3b₪22.2b₪741.2m22.1x24.7x0.8x
Wed, 27 Apr 2022₪19.6b₪21.7b₪724.1m27x27x0.9x
Fri, 25 Mar 2022₪19.8b₪21.4b₪705.2m26.8x28.1x0.9x
Sun, 20 Feb 2022₪21.5b₪20.9b₪691.1m29.5x31.1x1x
Tue, 18 Jan 2022₪21.6b₪20.5b₪680.9m30.5x31.8x1.1x
Thu, 16 Dec 2021₪21.0b₪20.5b₪682.0m29.1x30.8x1x
Sat, 13 Nov 2021₪21.2b₪19.8b₪675.5m28.9x31.3x1.1x
Mon, 11 Oct 2021₪19.3b₪20.0b₪681.2m25.5x28.3x1x
Wed, 08 Sep 2021₪19.3b₪20.1b₪692.6m27.5x27.9x1x
Fri, 06 Aug 2021₪18.7b₪20.1b₪692.6m27.3x27x0.9x
Mon, 10 May 2021₪18.0b₪18.9b₪659.9m26.5x27.3x1x
Price to Earnings Ratio

27.3x


Total Market Cap: ₪18.0bTotal Earnings: ₪659.9mTotal Revenue: ₪18.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli IT Industry Price to Earnings3Y Average 23.2x202220232024
Current Industry PE
  • Investors are optimistic on the Israeli IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 25.7x which is higher than its 3-year average PE of 23.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
  • The earnings for companies in the IT industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 17% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Israeli Tech industry?

IL Market0.34%
Tech-2.91%
IT-2.56%
Internet Services and Infrastructure0%
Data Processing Services0%
IT Consulting-2.56%
Industry PE
  • Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 23.4x.
    • 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 23.4x.
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
ARAD Arad Investment & Industrial Development₪91.753.8%
+₪21.4m		-76.6%PS0.2x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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