Header cover image

Israeli (TA) Software Industry Analysis

UpdatedNov 27, 2022
DataAggregated Company Financials
Companies25
  • 7D-4.5%
  • 3M-9.8%
  • 1Y-26.8%
  • YTD-32.3%

Over the last 7 days, the Software industry has dropped 4.5%, driven by a pullback from NICE of 4.5%. Meanwhile, Tectona actually outperformed within the industry, gaining 18% in the last week. The industry has fallen 27% in the last year. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022₪47.3b₪10.6b₪589.8m21.7x80.2x4.5x
Tue, 25 Oct 2022₪49.8b₪10.7b₪532.5m23.3x93.6x4.7x
Thu, 22 Sep 2022₪50.1b₪10.4b₪551.7m25x90.8x4.8x
Sat, 20 Aug 2022₪53.1b₪9.7b₪435.4m26.9x122x5.5x
Mon, 18 Jul 2022₪50.6b₪9.9b₪382.6m23.9x132.4x5.1x
Wed, 15 Jun 2022₪48.4b₪9.9b₪380.3m22.6x127.4x4.9x
Fri, 13 May 2022₪47.8b₪9.4b₪387.7m24.7x123.2x5.1x
Sun, 10 Apr 2022₪54.7b₪9.0b₪404.4m28.6x135.2x6.1x
Tue, 08 Mar 2022₪54.4b₪8.9b₪427.4m29.7x127.3x6.1x
Thu, 03 Feb 2022₪61.3b₪8.4b₪422.2m32.5x145.2x7.3x
Sat, 01 Jan 2022₪69.1b₪8.3b₪416.3m32.8x166x8.3x
Mon, 29 Nov 2021₪63.5b₪8.4b₪427.3m29.7x148.5x7.6x
Wed, 27 Oct 2021₪65.5b₪7.9b₪470.6m28.4x139.2x8.3x
Fri, 24 Sep 2021₪66.0b₪7.9b₪470.8m29.4x140.1x8.4x
Sun, 22 Aug 2021₪63.3b₪8.0b₪571.6m27.8x110.7x7.9x
Fri, 09 Jul 2021₪58.0b₪8.1b₪560.4m25.4x103.4x7.2x
Thu, 01 Apr 2021₪52.0b₪7.9b₪663.5m16.8x78.4x6.6x
Sun, 03 Jan 2021₪60.9b₪7.4b₪704.4m18.8x86.4x8.2x
Wed, 07 Oct 2020₪52.7b₪7.8b₪771.2m12.8x68.3x6.8x
Tue, 30 Jun 2020₪44.0b₪7.7b₪739.9m8.2x59.5x5.7x
Fri, 03 Apr 2020₪35.5b₪7.9b₪755.8m9.8x47x4.5x
Mon, 06 Jan 2020₪37.1b₪7.5b₪687.5m26.1x53.9x4.9x
Price to Earnings Ratio

48.3x


Total Market Cap: ₪36.6bTotal Earnings: ₪757.4mTotal Revenue: ₪7.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Software Industry Price to Earnings3Y Average 94.5x202020212022
Current Industry PE
  • Investors are pessimistic on the Israeli Software 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 80.2x which is lower than its 3-year average PE of 94.5x.
  • The 3-year average PS ratio of 6.3x is higher than the industry's current PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Software industry have declined 8.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 12% 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, which has decreased profits.

Industry Trends

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

IL Market-1.85%
Tech-2.85%
Software-4.54%
Systems Software0.63%
Application Software-4.58%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 7.4%, which is lower than the prior year's growth of 77.2% per year.
  • Investors are most pessimistic about the Application Software industry, which is trading below its 3-year average of 93.0x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Systems Software industry is expected to see its earnings grow by 7.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SNEL Synel M.L.L Payway₪15.4910.3%
+₪8.2m
-67.6%PE1.6x
TECT Tectona₪0.5314.1%
+₪5.3m
-78.1%PS9.8x
SFET Safe-T Group₪1.177.1%
+₪2.5m
-63.0%PS0.7x
UWAY UserWay₪17.653.8%
+₪2.3m
n/an/a
RZR Razor Labs₪0.683.4%
+₪863.1k
-82.7%PS4.1x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
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

RZR

₪0.68

Razor Labs

7D

3.4%

1Y

-82.7%

SFET

₪1.17

Safe-T Group

7D

7.1%

1Y

-63.0%

MYSZ

₪0.62

My Size

7D

3.7%

1Y

-74.6%

GLBX

₪25.37

Glassbox

7D

-6.7%

1Y

-73.6%

TOPS

₪12.04

Top Ramdor Systems & Computers (1990)

7D

0.08%

1Y

-1.4%

TECT

₪0.53

Tectona

7D

14.1%

1Y

-78.1%

SNEL

₪15.49

Synel M.L.L Payway

7D

10.3%

1Y

-67.6%

NICE

₪653.30

NICE

7D

-3.7%

1Y

-26.2%

NRGN

₪6.75

NRGene Technologies

7D

-6.8%

1Y

-41.7%

HLAN

₪166.00

Hilan

7D

-0.4%

1Y

-13.8%

UWAY

₪17.65

UserWay

7D

3.8%

1Y

n/a

PMVM

₪7.33

Pomvom

7D

-6.4%

1Y

-67.5%

ABRA

₪3.72

Abra Information Technologies

7D

-1.6%

1Y

0.5%