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Italian (Borsa Italiana) Tech Sector Analysis
UpdatedDec 01, 2022
DataAggregated Company Financials
Companies49
- 7D-1.0%
- 3M0.8%
- 1Y-34.8%
- YTD-32.1%
The Tech is pretty flat in the last 7 days, but Technoprobe has stood out, gaining 3.2%. As for the longer term, the industry has declined 35% in the last year. Looking forward, earnings are forecast to grow by 29% 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 |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | €27.4b | €18.0b | €568.5m | 26.9x | 48.2x | 1.5x |
| Sat, 29 Oct 2022 | €27.0b | €17.8b | €571.2m | 28.1x | 47.3x | 1.5x |
| Mon, 26 Sep 2022 | €25.2b | €17.0b | €540.2m | 24.2x | 46.7x | 1.5x |
| Wed, 24 Aug 2022 | €28.1b | €17.4b | €633.3m | 24.7x | 44.3x | 1.6x |
| Fri, 22 Jul 2022 | €28.0b | €15.6b | €596.4m | 26.4x | 46.9x | 1.8x |
| Sun, 19 Jun 2022 | €26.1b | €15.5b | €591.5m | 24.7x | 44.2x | 1.7x |
| Tue, 17 May 2022 | €28.1b | €15.5b | €595.9m | 27.7x | 47.2x | 1.8x |
| Thu, 14 Apr 2022 | €30.6b | €15.5b | €593.5m | 29.3x | 51.6x | 2x |
| Sat, 12 Mar 2022 | €31.0b | €13.5b | €563.8m | 29.7x | 55x | 2.3x |
| Mon, 07 Feb 2022 | €32.1b | €13.5b | €563.2m | 28.7x | 57x | 2.4x |
| Wed, 05 Jan 2022 | €32.2b | €13.5b | €563.9m | 30.4x | 57.1x | 2.4x |
| Fri, 03 Dec 2021 | €31.1b | €13.4b | €559.3m | 29.8x | 55.7x | 2.3x |
| Sun, 31 Oct 2021 | €32.1b | €13.5b | €559.3m | 30.7x | 57.3x | 2.4x |
| Tue, 28 Sep 2021 | €34.4b | €13.4b | €559.2m | 37.4x | 61.5x | 2.6x |
| Thu, 26 Aug 2021 | €34.4b | €13.2b | €541.0m | 35.8x | 63.7x | 2.6x |
| Fri, 02 Jul 2021 | €25.3b | €13.2b | €541.0m | 28.8x | 46.8x | 1.9x |
| Mon, 05 Apr 2021 | €20.0b | €12.6b | €494.5m | 27.3x | 40.5x | 1.6x |
| Thu, 07 Jan 2021 | €19.9b | €12.0b | €445.5m | 24.8x | 44.6x | 1.7x |
| Wed, 30 Sep 2020 | €19.5b | €11.5b | €419.5m | 22.5x | 46.4x | 1.7x |
| Sat, 04 Jul 2020 | €16.6b | €11.1b | €402.3m | 22.7x | 41.2x | 1.5x |
| Tue, 07 Apr 2020 | €13.0b | €11.2b | €460.9m | 19x | 28.2x | 1.2x |
| Fri, 10 Jan 2020 | €15.1b | €11.1b | €369.7m | 25.1x | 40.8x | 1.4x |
Price to Earnings Ratio
44.8x
Current Industry PE
- Investors are relatively neutral on the Italian Information Technology 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 46.8x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 16% 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 Tech sector?
| IT Market | -0.095% | |
| Tech | -0.99% | |
| Semiconductors | 2.98% | |
| Software | 0.44% | |
| Communications | 0% | |
| IT | -1.76% | |
| Tech Hardware | -2.28% | |
| Electronic Equipment and Components | -2.36% | |
Industry PE
- Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio of 34.7x.
- Analysts are expecting annual earnings growth of 44.5%, which is lower than the prior year's growth of 61.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Tech Hardware industry, expecting annual earnings growth of 57% over the next 5 years.
- However this is lower than its past earnings growth rate of 137% per year.
- In contrast, the Semiconductors industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| TPRO Technoprobe | €7.43 | 3.2% +€137.0m | n/a | PE36.7x | |
| CY4 Cy4gate | €9.50 | 3.9% +€8.5m | -14.7% | PE242.9x | |
| BEST Be Shaping The Future | €3.49 | 1.2% +€5.1m | 26.7% | PS1.7x | |
| SPN Spindox | €9.50 | 6.0% +€3.0m | -38.9% | PE26.7x | |
| AIW Almawave | €4.15 | 2.1% +€2.5m | -16.4% | PE30.3x |