Is Wiit (BIT:WIIT) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Has the Italian IT Industry valuation changed over the past few years?
|Thu, 20 Jan 2022||€25.4b||€3.8b||€300.4m||31.1x|
|Sat, 18 Dec 2021||€22.5b||€3.8b||€300.4m||31.1x|
|Mon, 15 Nov 2021||€24.9b||€3.8b||€298.8m||31.3x|
|Wed, 13 Oct 2021||€23.8b||€3.8b||€298.2m||32.8x|
|Fri, 10 Sep 2021||€26.5b||€3.7b||€297.5m||46.1x|
|Sun, 08 Aug 2021||€24.7b||€3.7b||€297.5m||40x|
|Sat, 01 May 2021||€15.1b||€3.5b||€273.4m||33.8x|
|Tue, 02 Feb 2021||€13.7b||€3.3b||€260.3m||30.6x|
|Fri, 06 Nov 2020||€12.4b||€3.2b||€245.7m||28.5x|
|Mon, 10 Aug 2020||€13.0b||€3.1b||€228.2m||52.3x|
|Sun, 03 May 2020||€11.6b||€3.1b||€189.8m||52.9x|
|Wed, 05 Feb 2020||€11.3b||€3.2b||€150.7m||50.3x|
|Sat, 09 Nov 2019||€8.5b||€3.1b||€115.4m||69.4x|
|Fri, 02 Aug 2019||€8.7b||€3.0b||€112.0m||31x|
|Mon, 06 May 2019||€7.6b||€2.6b||€140.0m||36.2x|
|Thu, 07 Feb 2019||€2.1b||€1.3b||€107.2m||54.6x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 30.9x which is lower than its 3-year average PE of 39.7x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the IT industry have grown 41% per year over the last three years, and revenues for these companies have grown 42% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Italian IT industry?
|Data Processing Services||-0.72%|
|Internet Services and Infrastructure||-3.67%|
Industry PE: Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 144x. However analysts are expecting annual earnings growth of 41%, which is lower than the prior year's growth of 412% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the IT Consulting industry, which is trading close to its 3-year average of 28.8x.
Forecasted Growth: Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 41% over the next 5 years. However this is lower than its past earnings growth rate of 412% per year. Meanwhile, the IT Consulting industry is expected to see its earnings grow by 11% per year over the next few years.
Which companies have driven the market over the last 7 days?
Be Shaping The Future