Italian (Borsa Italiana) IT Industry Analysis
UpdatedJan 28, 2023
DataAggregated Company Financials
Companies19
- 7D0.5%
- 3M-1.0%
- 1Y-29.4%
- YTD9.8%
Over the last 7 days, the IT industry has remained flat. Unfortunately though, the industry is down 29% over the past 12 months. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Italian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 28 Jan 2023 | €17.4b | €7.7b | €298.5m | 24.4x | 58.4x | 2.2x |
| Mon, 26 Dec 2022 | €15.8b | €7.7b | €298.5m | 22.6x | 53x | 2x |
| Wed, 23 Nov 2022 | €17.2b | €7.8b | €298.5m | 23x | 57.5x | 2.2x |
| Fri, 21 Oct 2022 | €17.9b | €7.7b | €299.4m | 26.7x | 59.9x | 2.3x |
| Sun, 18 Sep 2022 | €16.8b | €7.1b | €258.0m | 23.7x | 65.3x | 2.4x |
| Tue, 16 Aug 2022 | €19.5b | €7.6b | €302.6m | 24.5x | 64.5x | 2.6x |
| Thu, 14 Jul 2022 | €17.0b | €5.9b | €262.4m | 22.5x | 64.8x | 2.9x |
| Sat, 11 Jun 2022 | €16.2b | €5.1b | €220.7m | 25.1x | 73.4x | 3.2x |
| Mon, 09 May 2022 | €18.4b | €5.1b | €219.8m | 27x | 83.7x | 3.6x |
| Wed, 06 Apr 2022 | €20.9b | €5.1b | €212.8m | 36.2x | 98.3x | 4.1x |
| Fri, 04 Mar 2022 | €21.6b | €3.8b | €300.7m | 35.4x | 71.7x | 5.6x |
| Sun, 30 Jan 2022 | €23.6b | €3.8b | €300.4m | 32x | 78.6x | 6.2x |
| Tue, 28 Dec 2021 | €23.0b | €3.8b | €300.4m | 30.1x | 76.4x | 6x |
| Thu, 25 Nov 2021 | €22.4b | €3.8b | €300.4m | 30.1x | 74.7x | 5.9x |
| Sat, 23 Oct 2021 | €25.8b | €3.8b | €298.2m | 31.7x | 86.6x | 6.8x |
| Mon, 20 Sep 2021 | €26.8b | €3.7b | €297.5m | 45.7x | 90.1x | 7.2x |
| Wed, 18 Aug 2021 | €25.4b | €3.7b | €297.5m | 42.4x | 85.5x | 6.9x |
| Wed, 02 Jun 2021 | €16.3b | €3.5b | €273.4m | 39.2x | 59.5x | 4.6x |
| Sat, 06 Mar 2021 | €13.7b | €3.3b | €260.3m | 29.1x | 52.7x | 4.1x |
| Tue, 08 Dec 2020 | €14.1b | €3.2b | €245.7m | 29x | 57.5x | 4.4x |
| Mon, 31 Aug 2020 | €13.4b | €3.1b | €229.0m | 44x | 58.7x | 4.3x |
| Thu, 04 Jun 2020 | €12.7b | €3.1b | €189.8m | 53.4x | 67.1x | 4.1x |
| Sun, 08 Mar 2020 | €12.2b | €3.2b | €150.7m | 49.6x | 81.1x | 3.9x |
Price to Earnings Ratio
74.7x
Current Industry PE
- Investors are pessimistic on the Italian IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 57.7x which is lower than its 3-year average PE of 66.5x.
- The 3-year average PS ratio of 4.2x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 35% 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 industry?
| IT Market | 1.13% | |
| Tech | 0.98% | |
| IT | 0.50% | |
| IT Consulting | 1.93% | |
| Internet Services and Infrastructure | 0.72% | |
| Data Processing Services | -0.21% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 119x.
- Analysts are expecting annual earnings growth of 28.3%, which is higher than its past year's earnings decline of 40.4% per year.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 32.3x.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 54% over the next 5 years.
- This is better than its past earnings decline of 7.2% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| REY Reply | €121.20 | 2.0% +€89.3m | -15.8% | PE29.1x | |
| DGV Digital Value | €72.60 | 2.5% +€17.9m | -19.3% | PE21.7x | |
| WIIT Wiit | €21.40 | 1.7% +€9.1m | -28.8% | PE601.9x | |
| NRST Neurosoft Software Production | €0.61 | 4.2% +€639.6k | -24.5% | PE7.9x | |
| XPR Exprivia | €1.42 | 0.6% +€373.6k | -29.0% | PE5.8x |