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Italian (Borsa Italiana) Market Analysis & Valuation

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies394
  • 7D1.2%
  • 3M7.3%
  • 1Y24.0%
  • YTD21.3%

The market is up 1.2% in the last 7 days, led by the Financials and Industrials sectors. The market is up 24% over the last 12 months. As for the next few years, earnings are expected to grow by 9.1% per annum.

Trending IndustriesSoftwareRenewable Energy

Market Valuation and Performance

Has the Italian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Sep 2025€982.8b€799.6b€64.1b17.8x15.3x1.2x
Fri, 15 Aug 2025€981.8b€798.9b€64.1b17.2x15.3x1.2x
Sun, 13 Jul 2025€926.9b€806.4b€71.7b16.5x12.9x1.1x
Tue, 10 Jun 2025€931.0b€823.0b€71.8b16.1x13x1.1x
Thu, 08 May 2025€889.0b€810.9b€70.9b14.8x12.5x1.1x
Sat, 05 Apr 2025€808.6b€814.3b€71.2b13.6x11.4x1x
Mon, 03 Mar 2025€813.3b€814.3b€67.4b14.2x12.1x1x
Wed, 29 Jan 2025€768.4b€821.3b€75.4b14.1x10.2x0.9x
Fri, 27 Dec 2024€720.9b€832.1b€76.0b13.8x9.5x0.9x
Sun, 24 Nov 2024€714.8b€834.6b€75.6b13.4x9.5x0.9x
Tue, 22 Oct 2024€741.0b€837.2b€75.4b14.2x9.8x0.9x
Thu, 19 Sep 2024€720.1b€836.5b€75.2b14.3x9.6x0.9x
Sat, 17 Aug 2024€722.2b€848.2b€75.4b14.2x9.6x0.9x
Mon, 15 Jul 2024€757.9b€854.2b€79.1b14.5x9.6x0.9x
Wed, 12 Jun 2024€758.4b€869.0b€79.9b14.3x9.5x0.9x
Fri, 10 May 2024€768.0b€870.2b€78.0b14.9x9.8x0.9x
Sun, 07 Apr 2024€772.2b€885.6b€78.7b14.3x9.8x0.9x
Tue, 05 Mar 2024€747.7b€920.8b€80.8b14.2x9.2x0.8x
Thu, 01 Feb 2024€684.0b€920.7b€76.8b14.9x8.9x0.7x
Sat, 30 Dec 2023€675.5b€921.2b€77.3b15x8.7x0.7x
Mon, 27 Nov 2023€647.5b€923.6b€77.3b14x8.4x0.7x
Wed, 25 Oct 2023€612.9b€966.2b€74.2b13.5x8.3x0.6x
Fri, 22 Sep 2023€641.7b€964.4b€73.8b15.1x8.7x0.7x
Sun, 20 Aug 2023€624.8b€962.3b€73.7b15.2x8.5x0.6x
Tue, 18 Jul 2023€633.5b€946.9b€69.5b15.9x9.1x0.7x
Thu, 15 Jun 2023€625.3b€947.8b€77.2b16.3x8.1x0.7x
Sat, 13 May 2023€622.9b€944.5b€77.1b15.9x8.1x0.7x
Mon, 10 Apr 2023€623.1b€946.1b€67.1b16.3x9.3x0.7x
Wed, 08 Mar 2023€635.1b€946.7b€57.6b16.3x11x0.7x
Fri, 03 Feb 2023€622.5b€917.2b€55.7b16.1x11.2x0.7x
Sun, 01 Jan 2023€561.1b€913.7b€51.8b15.6x10.8x0.6x
Tue, 29 Nov 2022€591.7b€918.2b€51.9b16.5x11.4x0.6x
Thu, 27 Oct 2022€559.0b€888.9b€51.3b15.3x10.9x0.6x
Sat, 24 Sep 2022€539.6b€922.7b€53.2b15.6x10.1x0.6x
Price to Earnings Ratio

10.1x


Total Market Cap: €539.6bTotal Earnings: €53.2bTotal Revenue: €922.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Market Price to Earnings3Y Average 10.2x202320242025
Current Market PE
  • Investors are optimistic on the Italian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 15.3x which is higher than its 3-year average PE of 10.2x.
Past Earnings Growth
  • The earnings for Italian listed companies have grown 6.4% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.7% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits are increasing.

Sector Trends

Which sectors have driven the changes within the Italian Market?

IT Market1.20%
Tech6.19%
Materials4.18%
Industrials3.78%
Consumer Discretionary1.62%
Financials0.93%
Energy0.52%
Real Estate0.48%
Utilities0.47%
Telecom-0.42%
Consumer Staples-0.60%
Healthcare-2.89%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 11.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.0%, which is higher than its past year's earnings growth of 0.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 39% over the next 5 years.
  • However this is lower than its past earnings growth rate of 53% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 3.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
LDO Leonardo€50.787.4%
+€2.0b		155.8%PE28xIndustrials
STLAM Stellantis€8.146.8%
+€1.5b		-40.3%PS0.2xConsumer Discretionary
ISP Intesa Sanpaolo€5.481.1%
+€1.1b		45.7%PB1.5xFinancials
BAMI Banco BPM€12.794.8%
+€870.8m		112.7%PB1.3xFinancials
BPE BPER Banca€9.363.7%
+€788.6m		91.8%PB1.6xFinancials
See more

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€9.36
BPER Banca
7D
3.7%
1Y
91.8%

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MB
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4.2%
1Y
42.6%
REC
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4.0%

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7D
6.8%
1Y
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CPR
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1Y
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UniCredit
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7.4%
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155.8%

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ISP
€5.48
Intesa Sanpaolo
7D
1.1%
1Y
45.7%

Digital Transformation, ESG, And European Integration Will Drive Future Opportunity

Analysts maintain a positive outlook on Intesa Sanpaolo driven by resilient profitability, strong capital management, and sustained operating performance, resulting in no change to the consensus price target, which remains at €5.88. Analyst Commentary Bullish analysts attribute the price target increases to improved earnings visibility and resilient profitability.
G
€32.67
Assicurazioni Generali
7D
-1.0%
1Y
26.6%

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Snam
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BAMI
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7D
4.8%
1Y
112.7%