Italian (Borsa Italiana) Capital Markets Industry Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies26
- 7D0.7%
- 3M0.6%
- 1Y6.5%
- YTD4.2%
The Capital Markets industry has stayed flat over the last week. As for the the longer term, the industry is up 6.5% over the past 12 months. As for the next few years, earnings are expected to grow by 4.5% per annum.
Industry Valuation and Performance
Has the Italian Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | €11.3b | €3.8b | €978.0m | 13.5x | 11.6x | 2.9x |
| Mon, 30 Oct 2023 | €10.5b | €3.8b | €985.8m | 12.8x | 10.7x | 2.8x |
| Wed, 27 Sep 2023 | €11.2b | €3.7b | €960.3m | 14.1x | 11.6x | 3x |
| Fri, 25 Aug 2023 | €11.0b | €3.7b | €974.5m | 13x | 11.3x | 3x |
| Sun, 23 Jul 2023 | €10.8b | €3.7b | €947.9m | 13.4x | 11.4x | 3x |
| Tue, 20 Jun 2023 | €10.7b | €3.7b | €947.9m | 13.5x | 11.2x | 2.9x |
| Thu, 18 May 2023 | €10.6b | €3.7b | €931.9m | 13.4x | 11.4x | 2.9x |
| Sat, 15 Apr 2023 | €10.7b | €3.6b | €917.4m | 13.7x | 11.7x | 2.9x |
| Mon, 13 Mar 2023 | €10.6b | €3.5b | €928.8m | 14.5x | 11.4x | 3.1x |
| Wed, 08 Feb 2023 | €11.6b | €3.9b | €1.1b | 14.2x | 10.5x | 3x |
| Fri, 06 Jan 2023 | €10.9b | €4.0b | €1.1b | 13x | 9.6x | 2.8x |
| Sun, 04 Dec 2022 | €10.6b | €4.0b | €1.0b | 14x | 10.4x | 2.6x |
| Tue, 01 Nov 2022 | €9.5b | €4.2b | €1.1b | 13.1x | 8.6x | 2.3x |
| Thu, 29 Sep 2022 | €8.6b | €4.2b | €1.1b | 11.8x | 7.6x | 2.1x |
| Sat, 27 Aug 2022 | €9.3b | €4.2b | €1.1b | 11.3x | 8.1x | 2.2x |
| Mon, 25 Jul 2022 | €9.5b | €4.2b | €1.2b | 12x | 8x | 2.3x |
| Wed, 22 Jun 2022 | €9.7b | €4.2b | €1.2b | 12x | 8.1x | 2.3x |
| Fri, 20 May 2022 | €11.3b | €4.0b | €1.2b | 12.1x | 9.4x | 2.8x |
| Sun, 17 Apr 2022 | €11.5b | €4.0b | €1.3b | 11.8x | 8.9x | 2.9x |
| Tue, 15 Mar 2022 | €11.0b | €3.3b | €1.3b | 12.8x | 8.5x | 3.3x |
| Thu, 10 Feb 2022 | €12.5b | €4.0b | €1.2b | 14.9x | 10.6x | 3.1x |
| Sat, 08 Jan 2022 | €12.9b | €4.0b | €1.2b | 14.7x | 10.9x | 3.2x |
| Mon, 06 Dec 2021 | €12.5b | €4.0b | €1.2b | 13.4x | 10.6x | 3.1x |
| Wed, 03 Nov 2021 | €13.4b | €3.8b | €1.1b | 14.1x | 11.9x | 3.5x |
| Fri, 01 Oct 2021 | €12.4b | €3.8b | €1.1b | 14.8x | 11.2x | 3.3x |
| Sun, 29 Aug 2021 | €12.3b | €3.8b | €1.1b | 14.3x | 11.2x | 3.3x |
| Mon, 05 Jul 2021 | €11.3b | €3.8b | €1.1b | 13.9x | 10.3x | 3x |
| Thu, 08 Apr 2021 | €10.3b | €3.5b | €977.2m | 10.4x | 10.5x | 2.9x |
| Sun, 10 Jan 2021 | €9.3b | €3.3b | €840.4m | 14.4x | 11x | 2.8x |
Price to Earnings Ratio
12x
Current Industry PE
- Investors are optimistic on the Italian Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.6x which is higher than its 3-year average PE of 10.3x.
- The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 8.8% per year over the last three years.
- Revenues for these companies have grown 6.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Italian Financials industry?
| IT Market | 1.38% | |
| Financials | 0.79% | |
| Capital Markets | 0.68% | |
| Investment Banking and Brokerage | 0.75% | |
| Asset Management | 0.68% | |
| Financial Exchanges and Data | 0% | |
| Diversified Capital Markets | 0% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry even though it's trading below its 3-year average PE ratio of 30.3x.
- Analysts are expecting annual earnings growth of 11.0% and investors are willing to pay a premium for that growth.
- Investors are most pessimistic about the Asset Management industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.2x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Asset Management industry 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TIP Tamburi Investment Partners | €8.68 | 3.0% +€41.4m | 13.8% | PE31.8x | |
| AZM Azimut Holding | €22.29 | 0.9% +€26.3m | 13.2% | PE7.3x | |
| BGN Banca Generali | €32.84 | 0.6% +€21.6m | 0.5% | PE12x | |
| FTC Finanza.tech | €0.82 | 18.3% +€1.7m | -1.7% | PE18.9x | |
| LVEN LVenture Group | €0.28 | 6.9% +€1.0m | -12.2% | PS4.1x |