Narrative Update • Jun 03
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Italian (Borsa Italiana) Tech Sector Analysis
UpdatedJun 07, 2026
DataAggregated Company Financials
Companies47
- 7D-2.0%
- 3M63.7%
- 1Y98.1%
- YTD67.7%
Over the last 7 days, the Tech industry has dropped 2.0%, driven by a pullback from Technoprobe of 4.0%. On the other hand Datalogic is actually up 36%. Over the past 12 months, the industry was up 98%. Earnings are forecast to grow by 37% annually.
Sector Valuation and Performance
Has the Italian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 08 Jun 2026 | €28.6b | €14.1b | €458.9m | 22.2x | 62.3x | 2x |
| Wed, 06 May 2026 | €20.7b | €14.5b | €443.5m | 20.1x | 46.8x | 1.4x |
| Fri, 03 Apr 2026 | €17.4b | €14.5b | €425.6m | 17.4x | 40.9x | 1.2x |
| Sun, 01 Mar 2026 | €19.7b | €14.5b | €417.1m | 18.9x | 47.2x | 1.4x |
| Tue, 27 Jan 2026 | €20.2b | €14.6b | €425.9m | 21x | 47.4x | 1.4x |
| Thu, 25 Dec 2025 | €17.8b | €14.7b | €415.2m | 21.6x | 42.8x | 1.2x |
| Sat, 22 Nov 2025 | €16.8b | €14.6b | €411.8m | 22x | 40.8x | 1.2x |
| Mon, 20 Oct 2025 | €15.5b | €14.5b | €372.4m | 22.7x | 41.6x | 1.1x |
| Wed, 17 Sep 2025 | €14.9b | €14.6b | €392.4m | 24.3x | 38x | 1x |
| Fri, 15 Aug 2025 | €13.5b | €14.5b | €383.1m | 22.8x | 35.3x | 0.9x |
| Sun, 13 Jul 2025 | €15.1b | €14.3b | €362.6m | 22.3x | 41.7x | 1.1x |
| Tue, 10 Jun 2025 | €15.5b | €14.4b | €342.6m | 20.9x | 45.2x | 1.1x |
| Thu, 08 May 2025 | €14.4b | €14.2b | €344.3m | 18.4x | 41.7x | 1x |
| Sat, 05 Apr 2025 | €12.8b | €14.3b | €373.1m | 15.4x | 34.3x | 0.9x |
| Mon, 03 Mar 2025 | €14.1b | €13.9b | €455.9m | 15.7x | 31x | 1x |
| Wed, 29 Jan 2025 | €14.2b | €13.8b | €454.5m | 14.4x | 31.1x | 1x |
| Fri, 27 Dec 2024 | €13.9b | €13.8b | €455.0m | 14.2x | 30.6x | 1x |
| Sun, 24 Nov 2024 | €14.1b | €14.0b | €467.8m | 14.9x | 30x | 1x |
| Tue, 22 Oct 2024 | €14.6b | €13.8b | €452.8m | 17.3x | 32.2x | 1.1x |
| Thu, 19 Sep 2024 | €14.7b | €13.4b | €423.3m | 23.2x | 34.7x | 1.1x |
| Sat, 17 Aug 2024 | €15.4b | €13.6b | €420.8m | 24.1x | 36.7x | 1.1x |
| Mon, 15 Jul 2024 | €17.7b | €13.6b | €408.5m | 21.9x | 43.3x | 1.3x |
| Wed, 12 Jun 2024 | €17.1b | €13.7b | €379.9m | 23.3x | 45x | 1.2x |
| Fri, 10 May 2024 | €15.8b | €13.9b | €418.8m | 25.4x | 37.6x | 1.1x |
| Sun, 07 Apr 2024 | €16.2b | €13.8b | €415.6m | 27.1x | 38.9x | 1.2x |
| Tue, 05 Mar 2024 | €17.1b | €14.2b | €478.7m | 25.4x | 35.8x | 1.2x |
| Thu, 01 Feb 2024 | €18.0b | €14.5b | €486.0m | 27.4x | 37.1x | 1.2x |
| Sat, 30 Dec 2023 | €17.3b | €14.5b | €486.0m | 26.9x | 35.5x | 1.2x |
| Mon, 27 Nov 2023 | €15.3b | €14.4b | €488.1m | 24.5x | 31.3x | 1.1x |
| Wed, 25 Oct 2023 | €13.8b | €14.7b | €496.9m | 24x | 27.8x | 0.9x |
| Fri, 22 Sep 2023 | €14.8b | €14.5b | €520.1m | 31.9x | 28.5x | 1x |
| Sun, 20 Aug 2023 | €15.0b | €14.5b | €517.3m | 30.3x | 29.1x | 1x |
| Tue, 18 Jul 2023 | €16.6b | €14.3b | €552.2m | 32.7x | 30x | 1.2x |
| Thu, 15 Jun 2023 | €16.6b | €14.3b | €543.6m | 31.3x | 30.6x | 1.2x |
Price to Earnings Ratio
30.6x
Current Industry PE
- Investors are optimistic on the Italian Information Technology industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 62.3x which is higher than its 3-year average PE of 37.5x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 5.5% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Italian Tech sector?
| IT Market | -0.58% | |
| Tech | -2.01% | |
| Tech Hardware | 8.92% | |
| Electronic Equipment and Components | 4.68% | |
| IT | 1.42% | |
| Software | 0.68% | |
| Semiconductors | -3.98% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 74.9x.
- Analysts are expecting annual earnings growth of 43.0%, which is lower than the prior year's growth of 53.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Tech Hardware industry, expecting annual earnings growth of 78% over the next 5 years.
- This is better than its past earnings decline of 70% per year.
- In contrast, the IT industry is expected to see its earnings grow by 7.9% 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 | |
|---|---|---|---|---|---|
| DAL Datalogic | €5.82 | 35.7% +€80.4m | 28.8% | PE37.4x | |
| REY Reply | €104.60 | 1.7% +€63.4m | -29.8% | PE14.8x | |
| SES SeSa | €99.75 | 2.8% +€41.0m | 26.3% | PE22.2x | |
| IOT Seco | €2.89 | 6.1% +€21.9m | 20.7% | PS1.9x | |
| ETH Eurotech | €1.35 | 26.4% +€16.7m | 65.8% | PS1.4x |