NICE Ltd. (TLV:NICE) Shares Could Be 49% Below Their Intrinsic Value Estimate
Dec 19
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Israeli (TA) Application Software Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies16
- 7D3.9%
- 3M9.0%
- 1Y-8.0%
- YTDn/a
Over the last 7 days, the Application Software industry has risen 1.4%, driven by gains from NICE of 3.0%. In the past year, the industry is down 7.3%. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Israeli Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Dec 2024 | ₪43.9b | ₪10.6b | ₪1.5b | 16.5x | 30.1x | 4.2x |
| Sat, 16 Nov 2024 | ₪41.8b | ₪11.0b | ₪1.5b | 17.6x | 27.5x | 3.8x |
| Mon, 14 Oct 2024 | ₪41.0b | ₪10.9b | ₪1.4b | 15.6x | 29.5x | 3.8x |
| Wed, 11 Sep 2024 | ₪39.5b | ₪11.1b | ₪1.4b | 15.2x | 28.7x | 3.6x |
| Fri, 09 Aug 2024 | ₪42.0b | ₪10.8b | ₪1.3b | 17.1x | 33.5x | 3.9x |
| Sun, 07 Jul 2024 | ₪42.2b | ₪10.6b | ₪1.2b | 14x | 34.2x | 4x |
| Tue, 04 Jun 2024 | ₪43.9b | ₪10.5b | ₪1.2b | 14x | 36.4x | 4.2x |
| Thu, 02 May 2024 | ₪54.3b | ₪10.4b | ₪1.1b | 15.4x | 48.1x | 5.2x |
| Sat, 30 Mar 2024 | ₪62.1b | ₪10.3b | ₪1.1b | 21.4x | 57.7x | 6x |
| Mon, 26 Feb 2024 | ₪59.3b | ₪10.2b | ₪1.0b | 14.8x | 58.7x | 5.8x |
| Wed, 24 Jan 2024 | ₪53.1b | ₪10.3b | ₪1.0b | 14.6x | 52.7x | 5.1x |
| Fri, 22 Dec 2023 | ₪47.4b | ₪10.0b | ₪965.1m | 14.6x | 49.1x | 4.7x |
| Sun, 19 Nov 2023 | ₪48.1b | ₪10.2b | ₪991.3m | 13.3x | 48.5x | 4.7x |
| Tue, 17 Oct 2023 | ₪42.0b | ₪10.7b | ₪964.6m | 13.7x | 43.5x | 3.9x |
| Thu, 14 Sep 2023 | ₪45.2b | ₪10.3b | ₪906.5m | 14.2x | 49.8x | 4.4x |
| Sat, 12 Aug 2023 | ₪53.2b | ₪9.9b | ₪691.1m | 27.6x | 77x | 5.4x |
| Mon, 10 Jul 2023 | ₪48.0b | ₪9.8b | ₪638.9m | 44.2x | 75.1x | 4.9x |
| Wed, 07 Jun 2023 | ₪51.8b | ₪9.8b | ₪639.5m | 47.6x | 81x | 5.3x |
| Fri, 05 May 2023 | ₪46.2b | ₪9.5b | ₪555.3m | 46.2x | 83.2x | 4.9x |
| Sun, 02 Apr 2023 | ₪56.1b | ₪11.2b | ₪748.2m | 53.5x | 74.9x | 5x |
| Tue, 28 Feb 2023 | ₪53.2b | ₪11.3b | ₪710.5m | 19.7x | 74.8x | 4.7x |
| Thu, 26 Jan 2023 | ₪50.0b | ₪10.5b | ₪588.6m | 22.4x | 85x | 4.8x |
| Sat, 24 Dec 2022 | ₪48.5b | ₪10.8b | ₪608.4m | 21.9x | 79.7x | 4.5x |
| Mon, 21 Nov 2022 | ₪49.2b | ₪10.5b | ₪591.5m | 24.2x | 83.2x | 4.7x |
| Wed, 19 Oct 2022 | ₪49.2b | ₪10.4b | ₪531.3m | 26.2x | 92.6x | 4.7x |
| Fri, 16 Sep 2022 | ₪50.9b | ₪10.1b | ₪556.2m | 27.7x | 91.5x | 5x |
| Sun, 14 Aug 2022 | ₪53.8b | ₪9.2b | ₪368.5m | 28.8x | 145.9x | 5.8x |
| Tue, 12 Jul 2022 | ₪50.9b | ₪9.7b | ₪387.0m | 27.6x | 131.6x | 5.3x |
| Thu, 09 Jun 2022 | ₪49.4b | ₪9.4b | ₪373.9m | 26.5x | 132.1x | 5.2x |
| Sat, 07 May 2022 | ₪50.4b | ₪9.2b | ₪383.6m | 26.8x | 131.4x | 5.5x |
| Mon, 04 Apr 2022 | ₪52.4b | ₪8.7b | ₪408.5m | 28.9x | 128.4x | 6x |
| Wed, 02 Mar 2022 | ₪53.2b | ₪8.6b | ₪422.9m | 42.1x | 125.7x | 6.2x |
| Fri, 28 Jan 2022 | ₪56.6b | ₪8.3b | ₪424.4m | 43.1x | 133.3x | 6.8x |
| Sun, 26 Dec 2021 | ₪68.9b | ₪8.2b | ₪419.8m | 43.6x | 164x | 8.4x |
Price to Earnings Ratio
164x
Current Industry PE
- 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 29.8x which is lower than its 3-year average PE of 76.6x.
- The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Application 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 Comparison
How does Israeli Application Software compare with similar industries?
| IL Market | 0.24% | |
| Tech | 2.19% | |
| Software | 3.77% | |
| Application Software | 3.88% | |
| Systems Software | -5.35% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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 |
