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Italian (Borsa Italiana) Market Analysis & Valuation

UpdatedMar 04, 2026
DataAggregated Company Financials
Companies393
  • 7D-4.6%
  • 3M1.8%
  • 1Y17.0%
  • YTD-1.8%

Over the last 7 days, the market has dropped 4.6%, driven by a pullback of 6.9% in the Financials sector. On the other hand, the Utilities has risen by 6.9%. In contrast to the last week, the market is actually up 17% over the past year. As for the next few years, earnings are expected to grow by 10% per annum.

Trending IndustriesSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Mar 2026€1.0t€807.5b€47.4b16.5x22.2x1.3x
Sat, 31 Jan 2026€1.1t€800.2b€65.4b17x16.2x1.3x
Mon, 29 Dec 2025€1.1t€801.3b€65.4b16.7x16.2x1.3x
Wed, 26 Nov 2025€1.0t€800.1b€65.4b16.4x15.4x1.3x
Fri, 24 Oct 2025€997.8b€799.7b€64.2b17.1x15.5x1.2x
Sun, 21 Sep 2025€989.7b€799.6b€64.2b17.8x15.4x1.2x
Tue, 19 Aug 2025€982.9b€798.9b€64.1b17.4x15.3x1.2x
Thu, 17 Jul 2025€919.8b€806.4b€71.7b16.9x12.8x1.1x
Sat, 14 Jun 2025€909.7b€823.0b€71.7b16.1x12.7x1.1x
Mon, 12 May 2025€909.5b€815.3b€71.7b15.3x12.7x1.1x
Wed, 09 Apr 2025€789.1b€815.3b€71.1b13.3x11.1x1x
Fri, 07 Mar 2025€818.1b€812.1b€68.2b14.1x12x1x
Sun, 02 Feb 2025€776.9b€833.3b€75.4b14.2x10.3x0.9x
Tue, 31 Dec 2024€730.0b€821.1b€75.4b14.1x9.7x0.9x
Thu, 28 Nov 2024€708.1b€831.7b€75.9b13.4x9.3x0.9x
Sat, 26 Oct 2024€734.2b€836.7b€74.1b14x9.9x0.9x
Mon, 23 Sep 2024€720.6b€836.8b€75.2b14.3x9.6x0.9x
Wed, 21 Aug 2024€710.1b€848.0b€75.5b14x9.4x0.8x
Fri, 19 Jul 2024€760.1b€854.0b€79.1b14.8x9.6x0.9x
Sun, 16 Jun 2024€732.2b€868.6b€79.9b13.9x9.2x0.8x
Tue, 14 May 2024€778.2b€863.3b€79.1b14.9x9.8x0.9x
Thu, 11 Apr 2024€771.7b€883.8b€79.0b14.5x9.8x0.9x
Sat, 09 Mar 2024€757.8b€921.2b€80.8b14x9.4x0.8x
Mon, 05 Feb 2024€679.8b€920.7b€76.8b15x8.9x0.7x
Wed, 03 Jan 2024€678.2b€921.3b€77.4b14.9x8.8x0.7x
Fri, 01 Dec 2023€653.5b€923.7b€77.3b14.3x8.5x0.7x
Sun, 29 Oct 2023€604.7b€947.4b€71.3b13.5x8.5x0.6x
Tue, 26 Sep 2023€633.3b€964.6b€73.8b15.1x8.6x0.7x
Thu, 24 Aug 2023€631.3b€962.3b€73.7b15.3x8.6x0.7x
Sat, 22 Jul 2023€639.9b€947.1b€69.5b15.8x9.2x0.7x
Mon, 19 Jun 2023€626.3b€947.9b€77.2b16x8.1x0.7x
Wed, 17 May 2023€620.2b€945.4b€77.5b16.2x8x0.7x
Fri, 14 Apr 2023€630.7b€951.1b€67.0b16x9.4x0.7x
Sun, 12 Mar 2023€622.9b€948.5b€57.2b15.1x10.9x0.7x
Price to Earnings Ratio

10.9x


Total Market Cap: €622.9bTotal Earnings: €57.2bTotal Revenue: €948.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Market Price to Earnings3Y Average 11x202420252026
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 21.8x which is higher than its 3-year average PE of 10.9x.
Past Earnings Growth
  • The earnings for companies in the Italian industry have declined 6.1% per year over the last three years.
  • Revenues have also declined 5.2% 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 Market-4.64%
Energy3.96%
Healthcare-1.75%
Utilities-3.08%
Real Estate-3.20%
Industrials-3.57%
Telecom-3.86%
Materials-4.52%
Consumer Discretionary-5.74%
Tech-6.28%
Financials-6.93%
Consumer Staples-7.43%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 36.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 34.9% which is higher than its past year's earnings decline of 4.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings decline of 4.9% per year.
  • In contrast, the Utilities sector is expected to see its earnings grow by 3.8% 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
ENI Eni€19.965.7%
+€3.2b		51.9%PE22.5xEnergy
LDO Leonardo€60.406.1%
+€2.0b		33.6%PE32.9xIndustrials
LTMC Lottomatica Group€24.3018.8%
+€966.3m		47.4%PE41.9xConsumer Discretionary
PRY Prysmian€102.202.2%
+€630.8m		82.6%PE23xIndustrials
SOL SOL€51.503.1%
+€140.6m		41.5%PE29.9xMaterials
See more

Market Insights

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Latest News

LTMC
€24.30
Lottomatica Group
7D
18.8%
1Y
47.4%
BPE
€11.45
BPER Banca
7D
-6.1%
1Y
54.6%
AVIO
€37.50
Avio
7D
3.6%
1Y
97.4%

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ENI
€19.96
Eni
7D
5.7%
1Y
51.9%
ISP
€5.42
Intesa Sanpaolo
7D
-6.7%
1Y
12.2%
PRY
€102.20
Prysmian
7D
2.2%
1Y
82.6%
ENEL
€9.57
Enel
7D
-4.3%
1Y
42.5%
G
€33.96
Assicurazioni Generali
7D
-6.1%
1Y
5.7%

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UCG
€68.79
UniCredit
7D
-7.2%
1Y
28.7%

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We have raised our UniCredit fair value estimate to €83.56 from €74.86, reflecting analysts' higher price targets and assumptions for slightly stronger revenue growth, improved profit margins, and a lower future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts are lifting price targets into the high €70s and low €80s, which supports a higher central fair value range for UniCredit and aligns with our updated €83.56 estimate.
REY
€90.30
Reply
7D
2.6%
1Y
-41.2%

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NEXI
€3.39
Nexi
7D
3.4%
1Y
-33.9%

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Analysts have lowered their average price target on Nexi to €7.54 from €8.00, citing updated assumptions on discount rates, revenue trends, profit margins and future P/E expectations following recent Hold and Underweight views. Analyst Commentary Recent research updates on Nexi continue to cluster around more cautious ratings such as Hold and Underweight, but there are still some constructive signals that matter if you are weighing the risk and reward.
MB
€16.83
Mediobanca Banca di Credito Finanziario
7D
-14.4%
1Y
-2.7%
BMPS
€7.69
Banca Monte dei Paschi di Siena
7D
-13.0%
1Y
6.4%
BAMI
€11.91
Banco BPM
7D
-7.5%
1Y
20.8%

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SOL
€51.50
SOL
7D
3.1%
1Y
41.5%

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LDO
€60.40
Leonardo
7D
6.1%
1Y
33.6%