Narrative Update • May 13

Over the last 7 days, the Construction industry has dropped 1.2%, driven by a pullback from Webuild of 5.9%. In contrast, Next Geosolutions Europe has gained 8.8%. Over the past 12 months, the industry was up 14%. Earnings are forecast to grow by 13% annually.
Has the Italian Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 May 2026 | €9.7b | €21.2b | €628.9m | 13.6x | 15.5x | 0.5x |
| Thu, 23 Apr 2026 | €9.7b | €21.7b | €647.1m | 11.8x | 14.9x | 0.4x |
| Sat, 21 Mar 2026 | €8.5b | €22.3b | €639.4m | 12.3x | 13.3x | 0.4x |
| Mon, 16 Feb 2026 | €10.8b | €20.8b | €629.8m | 13.7x | 17.2x | 0.5x |
| Wed, 14 Jan 2026 | €10.1b | €20.8b | €629.8m | 14.7x | 16x | 0.5x |
| Fri, 12 Dec 2025 | €9.7b | €20.9b | €636.4m | 13.7x | 15.2x | 0.5x |
| Sun, 09 Nov 2025 | €9.5b | €20.9b | €636.8m | 12.5x | 14.9x | 0.5x |
| Tue, 07 Oct 2025 | €10.0b | €20.6b | €613.1m | 14.8x | 16.4x | 0.5x |
| Thu, 04 Sep 2025 | €9.6b | €20.6b | €599.5m | 13.5x | 15.9x | 0.5x |
| Sat, 02 Aug 2025 | €9.5b | €20.7b | €590.8m | 15.4x | 16.1x | 0.5x |
| Mon, 30 Jun 2025 | €9.0b | €19.1b | €510.3m | 17.9x | 17.6x | 0.5x |
| Wed, 28 May 2025 | €8.8b | €19.0b | €510.3m | 15.8x | 17.3x | 0.5x |
| Fri, 25 Apr 2025 | €7.2b | €18.7b | €489.9m | 12.5x | 14.7x | 0.4x |
| Sun, 23 Mar 2025 | €7.8b | €19.3b | €486.7m | 15x | 16x | 0.4x |
| Tue, 18 Feb 2025 | €7.7b | €16.9b | €451.2m | 14.9x | 17.1x | 0.5x |
| Thu, 16 Jan 2025 | €7.1b | €16.9b | €451.2m | 15.3x | 15.7x | 0.4x |
| Sat, 14 Dec 2024 | €6.9b | €16.8b | €440.4m | 14.7x | 15.6x | 0.4x |
| Mon, 11 Nov 2024 | €7.9b | €17.7b | €511.3m | 13.9x | 15.5x | 0.4x |
| Wed, 09 Oct 2024 | €7.7b | €17.1b | €459.0m | 14.4x | 16.8x | 0.5x |
| Fri, 06 Sep 2024 | €7.7b | €17.0b | €452.1m | 14x | 17x | 0.4x |
| Sun, 04 Aug 2024 | €7.4b | €17.1b | €476.3m | 13.3x | 15.5x | 0.4x |
| Tue, 02 Jul 2024 | €7.2b | €15.8b | €406.7m | 13.8x | 17.7x | 0.5x |
| Thu, 30 May 2024 | €7.3b | €15.8b | €391.5m | 14.7x | 18.6x | 0.5x |
| Sat, 27 Apr 2024 | €7.2b | €15.7b | €383.8m | 15.9x | 18.7x | 0.5x |
| Mon, 25 Mar 2024 | €6.8b | €15.4b | €366.4m | 11.7x | 18.6x | 0.4x |
| Wed, 21 Feb 2024 | €5.7b | €14.3b | €210.7m | 10.9x | 26.9x | 0.4x |
| Fri, 19 Jan 2024 | €5.7b | €14.3b | €207.1m | 12.4x | 27.4x | 0.4x |
| Sun, 17 Dec 2023 | €5.6b | €14.3b | €207.1m | 13x | 26.9x | 0.4x |
| Tue, 14 Nov 2023 | €5.3b | €14.2b | €202.8m | 12.9x | 26.3x | 0.4x |
| Thu, 12 Oct 2023 | €5.3b | €14.0b | €191.0m | 14.1x | 27.6x | 0.4x |
| Sat, 09 Sep 2023 | €5.1b | €13.9b | €144.1m | 16.6x | 35.3x | 0.4x |
| Mon, 07 Aug 2023 | €5.0b | €13.8b | €144.1m | 16.5x | 34.9x | 0.4x |
| Wed, 05 Jul 2023 | €5.0b | €13.7b | €7.8b | 12.4x | 0.6x | 0.4x |
| Fri, 02 Jun 2023 | €4.9b | €13.7b | €7.8b | 17.9x | 0.6x | 0.4x |
0.6x
Which industries have driven the changes within the Italian Industrials industry?
| IT Market | 2.79% | |
| Industrials | 3.49% | |
| Construction | 3.64% | |
| Construction and Engineering | 3.64% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAIRE Maire | €14.63 | 3.2% +€146.8m | 31.9% | PE17.9x | |
| TFIN TREVI - Finanziaria Industriale | €6.86 | 5.8% +€117.7m | 3.3% | PE567.2x | |
| NXT Next Geosolutions Europe | €15.05 | 16.7% +€103.2m | 83.5% | PE15x | |
| ICOP I.CO.P.. Società Benefit | €27.80 | 4.5% +€38.1m | 176.6% | PE29.6x | |
| WBD Webuild | €2.54 | 1.3% +€31.7m | -29.7% | PE10x |