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

Investors are pessimistic on the Israeli Application 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 11.6x which is lower than its 3-year average PE of 33.3x. The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 1.7x.

How does Israeli Application Software compare with similar industries?

There are no additional sub-industries under this industry.

Israeli (TA) Application Software Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 13 Jun 2026	₪17.3b	₪10.3b	₪1.5b	22.5x	11.6x	1.7x
Mon, 11 May 2026	₪18.4b	₪10.2b	₪1.5b	24x	12.6x	1.8x
Wed, 08 Apr 2026	₪23.7b	₪10.7b	₪1.9b	23.9x	12.8x	2.2x
Fri, 06 Mar 2026	₪26.9b	₪10.5b	₪1.8b	25.3x	14.7x	2.6x
Sun, 01 Feb 2026	₪23.1b	₪10.3b	₪1.7b	31.4x	13.8x	2.2x
Tue, 30 Dec 2025	₪25.0b	₪10.6b	₪1.7b	27.7x	14.5x	2.4x
Thu, 27 Nov 2025	₪23.6b	₪10.8b	₪1.8b	26.6x	13.4x	2.2x
Sat, 25 Oct 2025	₪29.6b	₪10.7b	₪1.7b	27.2x	17.5x	2.8x
Mon, 22 Sep 2025	₪32.7b	₪10.6b	₪1.7b	17.5x	19x	3.1x
Wed, 20 Aug 2025	₪31.3b	₪10.8b	₪1.7b	27x	17.9x	2.9x
Fri, 18 Jul 2025	₪34.1b	₪10.5b	₪1.5b	26.5x	22.8x	3.3x
Sun, 15 Jun 2025	₪40.6b	₪11.2b	₪1.6b	23.4x	25.1x	3.6x
Tue, 13 May 2025	₪38.7b	₪10.9b	₪1.5b	25.3x	25.7x	3.6x
Thu, 10 Apr 2025	₪35.7b	₪11.4b	₪1.6b	21x	22.7x	3.1x
Sat, 08 Mar 2025	₪34.5b	₪11.0b	₪1.5b	18.5x	22.7x	3.1x
Mon, 03 Feb 2025	₪39.0b	₪10.5b	₪1.5b	17.7x	26.9x	3.7x
Wed, 01 Jan 2025	₪40.4b	₪10.7b	₪1.5b	17.4x	27.3x	3.8x
Fri, 29 Nov 2024	₪42.3b	₪10.7b	₪1.5b	15.4x	28.5x	3.9x
Sun, 27 Oct 2024	₪44.2b	₪11.0b	₪1.4b	17.2x	31.6x	4x
Tue, 24 Sep 2024	₪40.7b	₪10.9b	₪1.4b	15x	29.2x	3.7x
Thu, 22 Aug 2024	₪43.8b	₪11.0b	₪1.4b	16.3x	32.3x	4x
Sat, 20 Jul 2024	₪43.4b	₪10.5b	₪1.2b	15.1x	35.5x	4.1x
Mon, 17 Jun 2024	₪42.4b	₪10.7b	₪1.2b	14.7x	34.2x	4x
Wed, 15 May 2024	₪55.1b	₪10.3b	₪1.1b	14.5x	49.4x	5.3x
Fri, 12 Apr 2024	₪58.5b	₪10.3b	₪1.1b	15.4x	52.3x	5.7x
Sun, 10 Mar 2024	₪55.5b	₪10.1b	₪994.5m	14.1x	55.8x	5.5x
Tue, 06 Feb 2024	₪51.1b	₪10.1b	₪980.0m	14.3x	52.2x	5.1x
Thu, 04 Jan 2024	₪46.2b	₪10.1b	₪976.7m	14.3x	47.3x	4.6x
Sat, 02 Dec 2023	₪46.8b	₪10.2b	₪990.0m	15.6x	47.2x	4.6x
Mon, 30 Oct 2023	₪40.0b	₪10.9b	₪983.3m	14x	40.7x	3.7x
Wed, 27 Sep 2023	₪42.5b	₪10.3b	₪919.0m	14.5x	46.3x	4.1x
Fri, 25 Aug 2023	₪48.5b	₪10.2b	₪867.1m	24.8x	56x	4.8x
Sun, 23 Jul 2023	₪51.5b	₪9.7b	₪626.4m	43.9x	82.3x	5.3x
Tue, 20 Jun 2023	₪52.9b	₪9.6b	₪622.5m	49.1x	85x	5.5x


IL Market	-0.22%
Tech	-2.69%
Software	-6.76%
Application Software	-6.88%
Systems Software	-0.56%

Company	Last Price	7D	1Y	Valuation
MCPL Michpal Technologies	₪52.33	0.2% +₪1.9m	n/a	PE84.4x
SOLT Solterra Renewable Energies	₪2.94	6.1% +₪975.5k	-22.4%	PS7x
TOPG Top Group Software	₪10.50	0.4% +₪847.5k	-16.3%	PE13.8x
PHTM Photomyne	₪19.27	1.6% +₪834.5k	-35.7%	PS1x
TRAN Trucknet Enterprise	₪0.63	5.0% +₪721.5k	-20.1%	n/a

Announcement • Jun 10

NiCE Announces the Future of AI-Powered CX

NiCE announced a fundamental shift in customer experience: with agentic AI native at the core of its platform, enterprises can now run AI agents, human teams, workflows, data, and systems as one intelligent operating model. AI now understands intent, resolves issues autonomously, engages customers proactively, orchestrates work across front- and back-office systems, and elevates human expertise when it matters most. Every interaction becomes intelligence, every workflow can be automated, and every outcome can be measured and improved. NiCE gives enterprises a single platform to design, deploy, govern, and continuously improve AI agents across voice, digital, self-service, proactive engagement, agent assistance, analytics, and workflow orchestration. NiCE Cognigy’s Agentic AI operates as the brain of the platform, reasoning across channels, orchestrating actions, and powering AI agents that can move from conversation to resolution. Its industry-leading, cloud-native platform provides the enterprise foundation: global scale, security, compliance, workforce intelligence, analytics, routing, and operational reliability trusted by the world’s most complex organizations. NiCE supports the highest security and compliance standards, including SOC 2 Type II, ISO 27001, PCI DSS, and FedRAMP authorization, protecting customer data at the highest levels of assurance. NiCE’s annual recurring revenue grew 66% year over year in the first quarter of 2026 and represented 14% of cloud revenue. NiCE was the sole vendor named a Customers’ Choice in the 2025 Gartner Peer Insights Voice of the Customer for Enterprise Conversational AI Platforms, and NiCE was named to Fast Company’s World’s Most Innovative Companies of 2026, ranking 11th in the Applied AI category. NiCE delivers AI-native orchestration across every dimension of customer experience. Capabilities on show at NiCE World 2026 include: NiCE AI Agents: The execution layer for autonomous customer resolution. Running natively inside the platform, NiCE AI Agents understand intent, take action across enterprise systems, complete workflows end to end, and resolve customer needs across voice and digital channels without unnecessary handoffs. Agentic Engagement Plane: The orchestration layer for the agentic era. As customers, employees, personal AI agents, enterprise AI agents, and systems interact, CX needs a trusted layer to authenticate, mediate, route, and govern engagement. The Agentic Engagement Plane connects this ecosystem and moves work intelligently from intent to resolution. NiCE Guardian AI: The governance layer for enterprise-scale AI operations. Guardian AI monitors AI and human actions in real time, applies compliance guardrails, detects risk, and continuously improves performance across the CX operation. Agentic Analytics: The discovery layer that transforms intelligence into action. Agentic Analytics moves beyond reporting what happened to identifying what should happen next, quantifying business impact, and feeding precise signals into AI agents, workflows, and teams so the platform continuously improves. At NiCE World 2026, leading organizations are showcasing what NiCE makes possible in production, at scale. Citi, a global leader in financial services, is using NiCE to connect AI agents, human expertise, and intelligent workflows, delivering more seamless, personalized customer engagement at a scale that only NiCE can support. Fabletics, one of the larger digitally native activewear brands, is leveraging AI-powered journeys to strengthen customer relationships while enabling teams to operate with greater speed and efficiency. Arizona State University, recognized globally for its commitment to innovation, is operationalizing AI across student and constituent journeys, improving experience quality, institutional efficiency, and outcomes at a scale few organizations have achieved.

Israeli (TA) Application Software Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New major risk - Market cap size

NiCE Announces the Future of AI-Powered CX

Less than half of directors are independent

New minor risk - Share price stability

First quarter 2026 earnings released: ₪1.24 loss per share (vs ₪1.06 loss in 1Q 2025)

First quarter 2026 earnings released: EPS: ₪0.14 (vs ₪0.14 in 1Q 2025)

New major risk - Share price stability

Full year 2025 earnings released: ₪0.07 loss per share (vs ₪0.061 loss in FY 2024)

Idomoo Ltd., Annual General Meeting, May 11, 2026

Full year 2025 earnings released: ₪0.32 loss per share (vs ₪1.88 loss in FY 2024)

Michpal Technologies Ltd announces Annual dividend, payable on April 14, 2026

New major risk - Negative shareholders equity

Full year 2025 earnings released: US$1.66 loss per share (vs US$1.40 loss in FY 2024)

Water.Io Ltd, Annual General Meeting, Mar 05, 2026

Solterra Renewable Energies Ltd, Annual General Meeting, Mar 15, 2026