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Italian (Borsa Italiana) Financials Sector Analysis
UpdatedJan 17, 2025
DataAggregated Company Financials
Companies51
- 7D2.2%
- 3M5.2%
- 1Y45.2%
- YTD5.9%
Over the last 7 days, the Financials industry has risen 2.2%, driven by gains in UniCredit and Intesa Sanpaolo of 3.4% and 2.7%, respectively. Meanwhile, Nexi actually underperformed within the industry, shrinking 11% in the last week. In the last 12 months, the industry was up 45%. In the next few years earnings are forecast to be pretty stable.
Sector Valuation and Performance
Has the Italian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 Jan 2025 | €305.4b | €170.1b | €37.0b | 9.2x | 8.3x | 1.8x |
| Mon, 16 Dec 2024 | €293.2b | €170.1b | €37.0b | 9x | 7.9x | 1.7x |
| Wed, 13 Nov 2024 | €279.6b | €170.3b | €37.0b | 8.5x | 7.6x | 1.6x |
| Fri, 11 Oct 2024 | €280.9b | €168.9b | €35.2b | 8.3x | 8x | 1.7x |
| Sun, 08 Sep 2024 | €266.9b | €168.9b | €35.2b | 8.7x | 7.6x | 1.6x |
| Tue, 06 Aug 2024 | €246.8b | €165.8b | €35.0b | 8.4x | 7.1x | 1.5x |
| Thu, 04 Jul 2024 | €272.4b | €177.5b | €34.9b | 8.8x | 7.8x | 1.5x |
| Sat, 01 Jun 2024 | €278.3b | €176.6b | €34.9b | 9.1x | 8x | 1.6x |
| Mon, 29 Apr 2024 | €269.7b | €174.4b | €33.5b | 9.2x | 8.1x | 1.5x |
| Wed, 27 Mar 2024 | €265.2b | €172.5b | €33.5b | 9.4x | 7.9x | 1.5x |
| Fri, 23 Feb 2024 | €226.1b | €185.7b | €32.9b | 8.9x | 6.9x | 1.2x |
| Sun, 21 Jan 2024 | €228.8b | €230.2b | €32.1b | 9.4x | 7.1x | 1x |
| Tue, 19 Dec 2023 | €216.5b | €230.2b | €32.1b | 9x | 6.8x | 0.9x |
| Thu, 16 Nov 2023 | €220.8b | €232.0b | €32.0b | 8.8x | 6.9x | 1x |
| Sat, 14 Oct 2023 | €205.1b | €227.8b | €28.8b | 9.1x | 7.1x | 0.9x |
| Mon, 11 Sep 2023 | €202.6b | €228.1b | €28.8b | 9.8x | 7x | 0.9x |
| Wed, 09 Aug 2023 | €200.3b | €220.9b | €27.3b | 9.8x | 7.3x | 0.9x |
| Fri, 07 Jul 2023 | €198.6b | €216.8b | €26.1b | 11.1x | 7.6x | 0.9x |
| Sun, 04 Jun 2023 | €193.5b | €216.8b | €26.0b | 11.3x | 7.4x | 0.9x |
| Tue, 02 May 2023 | €198.3b | €212.4b | €22.5b | 11.7x | 8.8x | 0.9x |
| Thu, 30 Mar 2023 | €193.7b | €192.7b | €22.5b | 11.5x | 8.6x | 1x |
| Sat, 25 Feb 2023 | €194.9b | €213.2b | €22.5b | 10.4x | 8.7x | 0.9x |
| Mon, 23 Jan 2023 | €180.6b | €206.9b | €17.2b | 11.5x | 10.5x | 0.9x |
| Wed, 21 Dec 2022 | €167.4b | €207.0b | €17.2b | 9.7x | 9.7x | 0.8x |
| Fri, 18 Nov 2022 | €169.2b | €207.1b | €17.2b | 10.6x | 9.8x | 0.8x |
| Sun, 16 Oct 2022 | €154.8b | €237.3b | €18.9b | 9.4x | 8.2x | 0.7x |
| Tue, 13 Sep 2022 | €164.3b | €234.9b | €18.7b | 9.9x | 8.8x | 0.7x |
| Thu, 11 Aug 2022 | €163.0b | €156.0b | €19.2b | 9.8x | 8.5x | 1x |
| Sat, 09 Jul 2022 | €160.8b | €250.0b | €17.2b | 9.6x | 9.4x | 0.6x |
| Mon, 06 Jun 2022 | €178.6b | €250.2b | €17.2b | 10.5x | 10.4x | 0.7x |
| Wed, 04 May 2022 | €177.8b | €251.1b | €18.8b | 10.5x | 9.5x | 0.7x |
| Fri, 01 Apr 2022 | €188.1b | €216.5b | €18.9b | 10x | 10x | 0.9x |
| Sun, 27 Feb 2022 | €200.4b | €341.8b | €16.6b | 10.3x | 12.1x | 0.6x |
| Tue, 25 Jan 2022 | €202.6b | €342.0b | €13.2b | 11.2x | 15.4x | 0.6x |
Price to Earnings Ratio
15.4x
Current Industry PE
- Investors are relatively neutral on the Italian Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 8.5x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 41% per year over the last three years.
- Meanwhile revenues for these companies have declined 21% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Italian Financials sector?
| IT Market | 1.18% | |
| Financials | 2.19% | |
| Banks | 2.91% | |
| Insurance | 2.14% | |
| Capital Markets | 1.66% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | -3.70% | |
| Diversified Financial | -4.12% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 26.5x.
- Analysts are expecting annual earnings growth of 23.8%, which is higher than its past year's earnings growth of 1.0% per year.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 8.1x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 50% per year.
- In contrast, the Banks industry is expected to see its earnings decline by 3.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| UCG UniCredit | €42.47 | 6.1% +€3.8b | 60.6% | PB1x | |
| ISP Intesa Sanpaolo | €4.14 | 3.3% +€2.4b | 50.4% | PB1.1x | |
| G Assicurazioni Generali | €29.53 | 4.1% +€1.8b | 45.3% | PE12.9x | |
| MB Mediobanca Banca di Credito Finanziario | €15.29 | 5.4% +€653.1m | 27.3% | PB1.1x | |
| PST Poste Italiane | €14.43 | 3.6% +€640.8m | 42.8% | PE9.4x |