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
Mon, 29 Jul 2024	₪16.5b	₪30.8b	₪679.4m	19.5x	24.3x	0.5x
Wed, 26 Jun 2024	₪14.8b	₪31.0b	₪684.2m	17.1x	21.6x	0.5x
Fri, 24 May 2024	₪16.2b	₪30.0b	₪638.5m	20x	25.3x	0.5x
Sun, 21 Apr 2024	₪16.2b	₪29.9b	₪632.9m	18.8x	25.7x	0.5x
Tue, 19 Mar 2024	₪16.0b	₪29.6b	₪1.1b	19.2x	15.1x	0.5x
Thu, 15 Feb 2024	₪14.4b	₪29.5b	₪1.1b	17.6x	13.6x	0.5x
Sat, 13 Jan 2024	₪14.2b	₪26.6b	₪671.7m	15.9x	21.2x	0.5x
Mon, 11 Dec 2023	₪13.9b	₪26.5b	₪671.7m	14.7x	20.7x	0.5x
Wed, 08 Nov 2023	₪14.5b	₪26.5b	₪686.6m	15.3x	21.2x	0.5x
Fri, 06 Oct 2023	₪16.1b	₪26.4b	₪684.2m	16.8x	23.5x	0.6x
Sun, 03 Sep 2023	₪16.0b	₪26.3b	₪681.6m	17.5x	23.5x	0.6x
Tue, 01 Aug 2023	₪15.7b	₪25.4b	₪851.9m	13.9x	18.4x	0.6x
Thu, 29 Jun 2023	₪15.9b	₪25.4b	₪852.4m	13.9x	18.6x	0.6x
Sat, 27 May 2023	₪14.7b	₪25.4b	₪853.0m	13.4x	17.3x	0.6x
Mon, 24 Apr 2023	₪13.4b	₪24.8b	₪831.5m	12.9x	16.1x	0.5x
Wed, 22 Mar 2023	₪14.2b	₪25.2b	₪866.1m	12.5x	16.4x	0.6x
Fri, 17 Feb 2023	₪16.2b	₪24.9b	₪879.8m	14.5x	18.4x	0.7x
Sun, 15 Jan 2023	₪16.7b	₪24.6b	₪872.8m	14.8x	19.1x	0.7x
Tue, 13 Dec 2022	₪16.8b	₪24.5b	₪869.5m	18x	19.3x	0.7x
Thu, 10 Nov 2022	₪17.2b	₪23.7b	₪836.6m	18.5x	20.5x	0.7x
Sat, 08 Oct 2022	₪17.6b	₪23.7b	₪898.1m	18x	19.6x	0.7x
Mon, 05 Sep 2022	₪19.7b	₪23.3b	₪895.9m	19.7x	22x	0.8x
Wed, 03 Aug 2022	₪19.2b	₪22.6b	₪740.1m	24.9x	26x	0.8x
Fri, 01 Jul 2022	₪18.5b	₪23.0b	₪747.5m	24.2x	24.7x	0.8x
Sun, 29 May 2022	₪17.7b	₪22.2b	₪741.2m	21.4x	23.9x	0.8x
Tue, 26 Apr 2022	₪19.6b	₪21.7b	₪724.2m	26.9x	27.1x	0.9x
Thu, 24 Mar 2022	₪19.9b	₪21.4b	₪704.9m	26.9x	28.2x	0.9x
Sat, 19 Feb 2022	₪21.5b	₪20.9b	₪691.2m	29.5x	31x	1x
Mon, 17 Jan 2022	₪22.0b	₪20.5b	₪680.9m	30.7x	32.3x	1.1x
Wed, 15 Dec 2021	₪21.2b	₪20.5b	₪682.3m	29.1x	31x	1x
Fri, 12 Nov 2021	₪21.2b	₪19.8b	₪675.5m	28.9x	31.3x	1.1x
Sun, 10 Oct 2021	₪19.2b	₪20.0b	₪681.2m	25.6x	28.2x	1x
Tue, 07 Sep 2021	₪19.3b	₪20.1b	₪692.6m	27.5x	27.9x	1x
Thu, 05 Aug 2021	₪18.7b	₪20.1b	₪692.6m	27.3x	27x	0.9x

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 23.0x.

The industry is trading close to its 3-year average PS ratio of 0.72x.

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 15% 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 Market	-1.16%
Tech	0.23%
IT	0.20%
IT Consulting	0.20%
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 23.1x.

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 23.1x.

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	₪74.68	1.6% +₪74.3m	3.2%	PE20.2x
ARAD Arad Investment & Industrial Development	₪91.61	7.8% +₪42.3m	-80.0%	PS0.2x
FORTY Formula Systems (1985)	₪302.00	0.2% +₪7.7m	13.9%	PE19.5x
EMCO E & M Computing	₪9.49	1.2% +₪4.8m	-1.7%	PE20.8x
MLTM Malam - Team	₪58.11	0.2% +₪3.1m	-6.7%	PE19.5x