Calculating The Intrinsic Value Of Solid World Group S.p.A. (BIT:S3D)
Nov 30
Italian (Borsa Italiana) Software Industry Analysis
UpdatedDec 09, 2023
DataAggregated Company Financials
Companies16
- 7D-0.6%
- 3M-3.7%
- 1Y-3.6%
- YTD-0.5%
Over the last 7 days, the Software industry has remained flat, although notably Expert.ai gained 5.2%. Unfortunately though, the industry is down 3.8% over the past 12 months. As for the next few years, earnings are expected to grow by 32% per annum.
Industry Valuation and Performance
Has the Italian Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 09 Dec 2023 | €1.2b | €856.9m | €18.7m | 26.9x | 65.9x | 1.4x |
| Mon, 06 Nov 2023 | €1.2b | €833.9m | €18.3m | 26.5x | 66.2x | 1.5x |
| Wed, 04 Oct 2023 | €1.3b | €827.6m | €19.2m | 43.9x | 66x | 1.5x |
| Fri, 01 Sep 2023 | €1.4b | €811.1m | €14.9m | 40.7x | 91.6x | 1.7x |
| Sun, 30 Jul 2023 | €1.4b | €781.8m | €11.3m | 41.5x | 123.1x | 1.8x |
| Tue, 27 Jun 2023 | €1.4b | €781.1m | €11.6m | 48.1x | 121.9x | 1.8x |
| Thu, 25 May 2023 | €1.4b | €778.6m | €12.8m | 36.1x | 106.1x | 1.7x |
| Sat, 22 Apr 2023 | €1.4b | €695.9m | €12.0m | 32.9x | 114.9x | 2x |
| Mon, 20 Mar 2023 | €1.4b | €628.7m | €16.6m | 32x | 83.6x | 2.2x |
| Wed, 15 Feb 2023 | €1.4b | €591.5m | €12.8m | 33.4x | 108.4x | 2.4x |
| Fri, 13 Jan 2023 | €1.2b | €591.5m | €12.8m | 30.6x | 96.9x | 2.1x |
| Sun, 11 Dec 2022 | €1.3b | €591.5m | €12.8m | 31.9x | 98.6x | 2.1x |
| Tue, 08 Nov 2022 | €1.2b | €584.6m | €13.1m | 29.1x | 90.5x | 2x |
| Thu, 06 Oct 2022 | €1.2b | €577.2m | €12.5m | 35.3x | 92.5x | 2x |
| Sat, 03 Sep 2022 | €1.2b | €509.3m | €23.8m | 35.5x | 50.7x | 2.4x |
| Mon, 01 Aug 2022 | €1.2b | €461.6m | €22.1m | 38.9x | 54.7x | 2.6x |
| Wed, 29 Jun 2022 | €1.9b | €1.2b | €63.2m | 38.2x | 29.3x | 1.5x |
| Fri, 27 May 2022 | €2.2b | €1.3b | €68.4m | 39.8x | 31.7x | 1.7x |
| Sun, 24 Apr 2022 | €2.3b | €1.3b | €66.8m | 39.2x | 34.5x | 1.8x |
| Tue, 22 Mar 2022 | €2.4b | €1.1b | €69.8m | 39.6x | 34.1x | 2.1x |
| Thu, 17 Feb 2022 | €2.3b | €1.1b | €67.1m | 37x | 34.9x | 2.1x |
| Sat, 15 Jan 2022 | €2.5b | €1.1b | €68.5m | 37.8x | 37.1x | 2.3x |
| Mon, 13 Dec 2021 | €2.6b | €1.1b | €68.5m | 42.5x | 38.6x | 2.4x |
| Wed, 10 Nov 2021 | €2.5b | €1.1b | €67.1m | 36.3x | 36.6x | 2.2x |
| Fri, 08 Oct 2021 | €2.2b | €1.1b | €67.1m | 30.1x | 33.4x | 2x |
| Sun, 05 Sep 2021 | €2.4b | €1.0b | €60.4m | 36.8x | 40.3x | 2.4x |
| Tue, 03 Aug 2021 | €2.1b | €1.0b | €60.4m | 32.2x | 35x | 2.1x |
| Fri, 07 May 2021 | €1.8b | €994.8m | €61.4m | 28.6x | 28.7x | 1.8x |
| Mon, 08 Feb 2021 | €1.4b | €958.8m | €58.8m | 20.4x | 23.4x | 1.4x |
Price to Earnings Ratio
22.4x
Current Industry PE
- Investors are optimistic on the Italian Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 65.5x which is higher than its 3-year average PE of 59.8x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Software industry have declined 32% per year over the last three years,
- Revenues have also declined 3.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Italian Tech industry?
| IT Market | 1.19% | |
| Tech | 0.67% | |
| Software | -0.64% | |
| Systems Software | -0.24% | |
| Application Software | -0.87% | |
Industry PE
- Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 30.1%, which is lower than the prior year's growth of 65.0% per year.
- Investors are most pessimistic about the Systems Software industry, which is trading close to its 3-year average of 29.4x.
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings decline of 26% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 30% 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 | |
|---|---|---|---|---|---|
| EXAI Expert.ai | €0.86 | 5.2% +€2.9m | 39.6% | PS1.6x | |
| S3D Solid World Group | €3.37 | 5.0% +€2.5m | 51.3% | PE145.1x | |
| SIAV Siav | €3.20 | 3.9% +€1.1m | -2.7% | PE44.7x | |
| MAPS Maps | €2.92 | 2.1% +€743.1k | -18.7% | PE24.1x | |
| AAT AATECH. Società Benefit | €1.50 | 6.8% +€577.6k | n/a | PS5.6x |
