Header cover image

Israeli (TA) Software Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies21
  • 7D2.0%
  • 3M1.1%
  • 1Y-31.5%
  • YTD-5.5%

In the last week, the Software industry is up 14%, with NICE up 2.6%. During this same period, the Michpal Technologies underperformed, falling 7.5%. However, the industry is down 34% over the past year. Earnings are forecast to grow by 2.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026₪24.1b₪10.8b₪1.8b25.8x13.1x2.2x
Sun, 25 Jan 2026₪24.8b₪10.6b₪1.7b34.2x14.8x2.3x
Tue, 23 Dec 2025₪24.9b₪10.8b₪1.7b29.9x14.5x2.3x
Thu, 20 Nov 2025₪24.0b₪11.0b₪1.8b17.1x13.6x2.2x
Sat, 18 Oct 2025₪29.5b₪11.0b₪1.7b19.2x17.3x2.7x
Mon, 15 Sep 2025₪31.1b₪10.8b₪1.7b16.6x18.1x2.9x
Wed, 13 Aug 2025₪32.9b₪10.8b₪1.5b21.1x21.7x3x
Fri, 11 Jul 2025₪37.1b₪10.5b₪1.5b21.1x25.2x3.5x
Sun, 08 Jun 2025₪40.8b₪11.1b₪1.6b20.4x26.1x3.7x
Tue, 06 May 2025₪38.1b₪11.3b₪1.5b20.4x25.1x3.4x
Thu, 03 Apr 2025₪38.1b₪11.5b₪1.6b20.2x24.5x3.3x
Sat, 01 Mar 2025₪34.7b₪11.2b₪1.5b14.7x22.8x3.1x
Mon, 27 Jan 2025₪37.7b₪10.8b₪1.5b13x25.8x3.5x
Wed, 25 Dec 2024₪42.0b₪10.9b₪1.5b13x28.3x3.8x
Fri, 22 Nov 2024₪41.9b₪11.1b₪1.5b16x27.9x3.8x
Sun, 20 Oct 2024₪43.1b₪11.0b₪1.4b16.6x31.5x3.9x
Tue, 17 Sep 2024₪40.8b₪11.3b₪1.4b15x29.9x3.6x
Thu, 15 Aug 2024₪41.4b₪10.9b₪1.2b15.3x34.6x3.8x
Sat, 13 Jul 2024₪42.9b₪10.6b₪1.2b11.1x36.8x4.1x
Mon, 10 Jun 2024₪42.3b₪11.0b₪1.2b11.9x35.2x3.9x
Wed, 08 May 2024₪54.8b₪10.5b₪1.1b13.4x51.4x5.2x
Fri, 05 Apr 2024₪62.0b₪10.6b₪1.1b13.7x57.1x5.8x
Sun, 03 Mar 2024₪57.9b₪10.3b₪907.6m12.7x63.8x5.6x
Tue, 30 Jan 2024₪51.6b₪10.3b₪895.6m13.5x57.6x5x
Thu, 28 Dec 2023₪48.5b₪10.2b₪881.7m11.7x55.1x4.8x
Sat, 25 Nov 2023₪47.2b₪10.5b₪914.0m10.8x51.7x4.5x
Mon, 23 Oct 2023₪41.4b₪11.0b₪885.1m11.8x46.8x3.7x
Wed, 20 Sep 2023₪44.3b₪10.5b₪808.9m11.5x54.7x4.2x
Fri, 18 Aug 2023₪47.5b₪10.2b₪627.9m13.3x75.7x4.6x
Sun, 16 Jul 2023₪49.4b₪9.8b₪548.4m28.6x90.1x5x
Tue, 13 Jun 2023₪50.8b₪9.8b₪532.7m31x95.4x5.2x
Thu, 11 May 2023₪45.6b₪9.7b₪465.9m29.9x97.9x4.7x
Sat, 08 Apr 2023₪57.0b₪11.6b₪684.7m36.9x83.3x4.9x
Mon, 06 Mar 2023₪54.7b₪11.5b₪702.1m18.8x78x4.8x
Price to Earnings Ratio

78x


Total Market Cap: ₪54.7bTotal Earnings: ₪702.1mTotal Revenue: ₪11.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Software Industry Price to Earnings3Y Average 42.3x202420252026
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 13.3x which is lower than its 3-year average PE of 42.3x.
  • The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Software industry have grown 37% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.4% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

IL Market-3.00%
Tech1.86%
Software1.98%
Application Software2.11%
Systems Software-7.42%
Industry PE
  • Investors are most optimistic about the Application Software industry even though it's trading below its 3-year average PE ratio of 39.3x.
    • Analysts are expecting annual earnings growth of 1.5%, which is higher than its past year's earnings decline of 2.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 79% over the next 5 years.
  • This is better than its past earnings decline of 53% per year.
  • In contrast, the Application Software industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
NICE NICE₪350.902.6%
+₪549.5m
-32.9%PE11.3x
TOPG Top Group Software₪12.948.6%
+₪21.6m
1.2%PE16x
PRPD Propdo₪22.558.5%
+₪12.6m
12.7%PS12.3x
RZR Razor Labs₪6.692.2%
+₪5.7m
37.1%PS9.5x
TECT Tectona₪2.745.8%
+₪5.0m
-25.0%PS8.2x

Latest News