NICE Ltd. (TLV:NICE) Shares Could Be 49% Below Their Intrinsic Value Estimate
Dec 19
Have your own idea? Try our Stock Screener
Israeli (TA) Software Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies20
- 7D3.8%
- 3M8.8%
- 1Y-7.6%
- YTD-6.2%
Over the last 7 days, the Software industry has risen 1.4%, driven by gains from NICE of 3.0%. However, the industry is down 7.0% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.
Industry Valuation and Performance
Has the Israeli Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Dec 2024 | ₪44.4b | ₪10.8b | ₪1.5b | 13.1x | 30.4x | 4.1x |
| Sat, 16 Nov 2024 | ₪42.3b | ₪11.2b | ₪1.5b | 17.6x | 28x | 3.8x |
| Mon, 14 Oct 2024 | ₪41.4b | ₪11.1b | ₪1.4b | 15.6x | 29.9x | 3.7x |
| Wed, 11 Sep 2024 | ₪40.0b | ₪11.4b | ₪1.4b | 15.2x | 29.2x | 3.5x |
| Fri, 09 Aug 2024 | ₪42.7b | ₪11.0b | ₪1.2b | 15.8x | 35x | 3.9x |
| Sun, 07 Jul 2024 | ₪43.6b | ₪10.8b | ₪1.2b | 10.9x | 36.4x | 4x |
| Tue, 04 Jun 2024 | ₪45.0b | ₪10.7b | ₪1.2b | 11.9x | 38.5x | 4.2x |
| Thu, 02 May 2024 | ₪55.2b | ₪10.6b | ₪1.1b | 13.9x | 50.9x | 5.2x |
| Sat, 30 Mar 2024 | ₪62.8b | ₪10.6b | ₪1.0b | 13.9x | 61.4x | 6x |
| Mon, 26 Feb 2024 | ₪59.8b | ₪10.4b | ₪927.6m | 13.1x | 64.4x | 5.7x |
| Wed, 24 Jan 2024 | ₪53.5b | ₪10.5b | ₪922.5m | 12.7x | 58x | 5.1x |
| Fri, 22 Dec 2023 | ₪47.7b | ₪10.2b | ₪883.6m | 11.9x | 54x | 4.7x |
| Sun, 19 Nov 2023 | ₪48.4b | ₪10.4b | ₪905.4m | 10.9x | 53.4x | 4.6x |
| Tue, 17 Oct 2023 | ₪42.3b | ₪10.9b | ₪871.6m | 11.2x | 48.5x | 3.9x |
| Thu, 14 Sep 2023 | ₪45.4b | ₪10.5b | ₪811.8m | 11.4x | 55.9x | 4.3x |
| Sat, 12 Aug 2023 | ₪53.5b | ₪10.1b | ₪615.8m | 13.4x | 86.8x | 5.3x |
| Mon, 10 Jul 2023 | ₪48.1b | ₪10.0b | ₪564.5m | 29.3x | 85.3x | 4.8x |
| Wed, 07 Jun 2023 | ₪52.0b | ₪10.0b | ₪550.3m | 30.5x | 94.5x | 5.2x |
| Fri, 05 May 2023 | ₪46.4b | ₪9.7b | ₪466.1m | 29.7x | 99.5x | 4.8x |
| Sun, 02 Apr 2023 | ₪56.3b | ₪11.5b | ₪696.7m | 36.6x | 80.8x | 4.9x |
| Tue, 28 Feb 2023 | ₪53.4b | ₪11.6b | ₪704.6m | 18.4x | 75.8x | 4.6x |
| Thu, 26 Jan 2023 | ₪50.3b | ₪10.7b | ₪587.0m | 20.8x | 85.7x | 4.7x |
| Sat, 24 Dec 2022 | ₪48.7b | ₪11.0b | ₪605.0m | 19.8x | 80.6x | 4.4x |
| Mon, 21 Nov 2022 | ₪49.6b | ₪10.7b | ₪591.9m | 22.4x | 83.7x | 4.6x |
| Wed, 19 Oct 2022 | ₪49.7b | ₪10.6b | ₪530.6m | 23.5x | 93.7x | 4.7x |
| Fri, 16 Sep 2022 | ₪51.4b | ₪10.3b | ₪557.0m | 24.9x | 92.3x | 5x |
| Sun, 14 Aug 2022 | ₪54.5b | ₪9.4b | ₪369.0m | 26x | 147.6x | 5.8x |
| Tue, 12 Jul 2022 | ₪51.6b | ₪9.9b | ₪383.8m | 23.9x | 134.4x | 5.2x |
| Thu, 09 Jun 2022 | ₪50.1b | ₪9.6b | ₪370.2m | 23.3x | 135.3x | 5.2x |
| Sat, 07 May 2022 | ₪51.2b | ₪9.4b | ₪386.4m | 25.9x | 132.4x | 5.5x |
| Mon, 04 Apr 2022 | ₪53.3b | ₪8.9b | ₪414.1m | 27.8x | 128.6x | 6x |
| Wed, 02 Mar 2022 | ₪54.0b | ₪8.8b | ₪422.6m | 30.2x | 127.9x | 6.1x |
| Fri, 28 Jan 2022 | ₪57.5b | ₪8.5b | ₪424.5m | 31.8x | 135.4x | 6.8x |
| Sun, 26 Dec 2021 | ₪69.7b | ₪8.4b | ₪420.6m | 33x | 165.8x | 8.3x |
Price to Earnings Ratio
165.8x
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 30.0x which is lower than its 3-year average PE of 80.1x.
- The 3-year average PS ratio of 4.9x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Software industry have grown 52% per year over the last three years.
- Revenues for these companies have grown 8.9% 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 | 0.24% | |
| Tech | 2.19% | |
| Software | 3.77% | |
| Application Software | 3.88% | |
| Systems Software | -5.35% | |
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 45.8%, which is higher than its past year's earnings growth of 6.2% per year.
- Investors are most pessimistic about the Application Software industry, which is trading below its 3-year average of 76.6x.
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 46% over the next 5 years.
- This is better than its past earnings growth rate of 6.2% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NICE NICE | ₪678.50 | 4.0% +₪1.6b | -8.7% | PE27.9x | |
| ABRA Abra Information Technologies | ₪2.97 | 3.6% +₪10.7m | 0.5% | PE17.9x | |
| TECT Tectona | ₪5.03 | 6.9% +₪7.5m | 160.4% | PE31.1x | |
| UWAY UserWay | ₪72.83 | 1.2% +₪3.1m | 95.5% | PS5.3x | |
| PRPD Propdo | ₪19.95 | 2.6% +₪2.5m | -15.9% | PS103.8x |
