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Italian (Borsa Italiana) Market Analysis & Valuation

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies388
  • 7D4.3%
  • 3M0.05%
  • 1Y20.5%
  • YTD0.05%

The market has climbed by 4.3% over the past week, with every sector up and the Financials sector leading the way. As for the past 12 months, the market is up 20%. Looking forward, earnings are forecast to grow by 11% annually.

Trending IndustriesSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Apr 2026€1.0t€810.8b€42.7b16x24.6x1.3x
Sun, 01 Mar 2026€1.1t€806.7b€47.4b17.3x23.1x1.4x
Tue, 27 Jan 2026€1.1t€800.3b€65.4b17.4x16.1x1.3x
Thu, 25 Dec 2025€1.1t€801.3b€65.4b16.7x16.2x1.3x
Sat, 22 Nov 2025€1.0t€800.1b€65.4b16.2x15.3x1.3x
Mon, 20 Oct 2025€979.2b€799.6b€64.2b16.8x15.3x1.2x
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
Price to Earnings Ratio

9.3x


Total Market Cap: €623.1bTotal Earnings: €67.1bTotal Revenue: €946.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Market Price to Earnings3Y Average 11.3x202420252026
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 24.6x which is higher than its 3-year average PE of 11.3x.
Past Earnings Growth
  • The earnings for companies in the Italian industry have declined 14% per year over the last three years.
  • Revenues have also declined 5.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Italian Market?

IT Market4.30%
Materials6.72%
Consumer Discretionary5.64%
Industrials5.55%
Utilities5.41%
Telecom4.74%
Tech4.30%
Real Estate4.25%
Financials3.40%
Energy3.24%
Healthcare2.71%
Consumer Staples0.99%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 36.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 31.1%, which is higher than its past year's earnings growth of 0.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings growth rate of 0.9% per year.
  • In contrast, the Materials sector is expected to see its earnings grow by 4.3% 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
ENEL Enel€9.755.9%
+€5.5b		25.3%PE23xUtilities
ISP Intesa Sanpaolo€5.324.9%
+€4.3b		19.4%PB1.4xFinancials
G Assicurazioni Generali€35.816.1%
+€3.1b		10.2%PE13xFinancials
ENI Eni€24.694.4%
+€3.1b		80.6%PE30.6xEnergy
RACE Ferrari€295.505.6%
+€2.8b		-24.7%PE32.7xConsumer Discretionary
See more

Market Insights

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ISP
€5.32
Intesa Sanpaolo
7D
4.9%
1Y
19.4%
NWL
€15.36
NewPrinces
7D
-18.6%
1Y
-7.7%
TEN
€25.28
Tenaris
7D
-0.3%
1Y
54.7%
BFF
€1.44
BFF Bank
7D
-54.9%
1Y
-80.6%
TFIN
€0.32
TREVI - Finanziaria Industriale
7D
-29.9%
1Y
43.7%
LDO
€62.26
Leonardo
7D
6.3%
1Y
35.1%
ENEL
€9.75
Enel
7D
5.9%
1Y
25.3%
BMPS
€7.40
Banca Monte dei Paschi di Siena
7D
-1.3%
1Y
3.9%

BMPS: Bullish Fair View Will Hinge On Governance And M&A Talks

Analysts have raised the price target for Banca Monte dei Paschi di Siena to €9.20 from €8.20, citing updated assumptions on fair value, discount rate, revenue growth, profit margins and a revised future P/E multiple following recent bullish Street research. Analyst Commentary While the latest target of €9.20 reflects more constructive assumptions on revenue and profitability, not all analysts are fully comfortable with the risk and valuation profile at current levels.
YRM
€254.00
Rosetti Marino
7D
-3.1%
1Y
429.2%
G
€35.81
Assicurazioni Generali
7D
6.1%
1Y
10.2%

G: Mixed Broker Views And Dividend Plans Will Guide Measured Forward Upside

Analysts have made a modest upward adjustment to the Assicurazioni Generali price target to about €36.87, reflecting mixed recent research in which some firms raised targets toward €38 to €38.50 while others trimmed estimates, alongside updated assumptions on growth, margins and a slightly lower future P/E. Analyst Commentary Bullish Takeaways Bullish analysts highlight that recent price targets in the €38 to €38.50 range suggest room for upside relative to the current average target, which may appeal if you think Generali can deliver on its plans.
ENI
€24.69
Eni
7D
4.4%
1Y
80.6%
UCG
€62.66
UniCredit
7D
2.5%
1Y
29.2%

UCG: Higher Profitability Assumptions Will Support Future Upside Potential

Analysts have raised their fair value estimate for UniCredit from €57.00 to €72.00. They cite higher assumed revenue growth, stronger profit margins and a slightly lower future P/E multiple, which are in line with recent price target increases from major banks such as Citi, JPMorgan and Morgan Stanley.
PRY
€104.70
Prysmian
7D
9.2%
1Y
120.6%

PRY: Energy Transition Demand And Data Centres Will Support Future Upside

Prysmian's analyst fair value has been revised to €120 from €112, reflecting a combination of higher assumed revenue growth, a higher future P/E multiple, and a slightly higher discount rate. Some analysts flag that the medium term earnings consensus and current valuation may already price in much of this optimism.
IF
€20.88
Banca IFIS
7D
-5.8%
1Y
-0.9%
RACE
€295.50
Ferrari
7D
5.6%
1Y
-24.7%

RACE: Dividend And Buybacks Will Drive Stronger Future Shareholder Returns

Analysts have slightly reduced their Ferrari price target to about €369, reflecting modest tweaks to assumptions on the discount rate, revenue growth, profit margin and future P/E, without a major shift in the overall investment view. What's in the News Ferrari intends to recommend a dividend of €3.615 per share, about 21% higher than the prior year, for a total proposed distribution of about €640m, subject to shareholder approval at the AGM scheduled for April 15, 2026 (Key Developments).
MB
€16.54
Mediobanca Banca di Credito Finanziario
7D
-0.8%
1Y
-0.2%