Seco (BIT:IOT) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 06
Italian (Borsa Italiana) Tech Hardware Storage and Peripherals Industry Analysis
UpdatedApr 12, 2024
DataAggregated Company Financials
Companies7
- 7D-2.6%
- 3M3.9%
- 1Y-22.7%
- YTDn/a
Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 3.0%, driven by Seco declining 4.6%. Meanwhile, Matica Fintec actually outperformed within the industry, gaining 6.6% in the last week. The industry has fallen 24% in the last year. Looking forward, earnings are forecast to grow by 43% annually.
Industry Valuation and Performance
Has the Italian Tech Hardware Storage and Peripherals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Apr 2024 | €806.3m | €571.5m | €5.0m | 26.9x | 161.9x | 1.4x |
| Mon, 11 Mar 2024 | €839.2m | €587.9m | -€29,953,594.00 | 60.3x | -28x | 1.4x |
| Wed, 07 Feb 2024 | €783.1m | €587.9m | -€29,953,594.00 | 56x | -26.1x | 1.3x |
| Fri, 05 Jan 2024 | €807.4m | €587.9m | -€29,953,594.00 | 61.5x | -27x | 1.4x |
| Sun, 03 Dec 2023 | €801.4m | €587.9m | -€29,953,594.00 | 59.9x | -26.8x | 1.4x |
| Tue, 31 Oct 2023 | €772.1m | €588.9m | -€27,145,594.00 | 33.4x | -28.4x | 1.3x |
| Thu, 28 Sep 2023 | €929.8m | €561.2m | -€17,515,814.00 | 22.4x | -53.1x | 1.7x |
| Sat, 26 Aug 2023 | €915.4m | €533.7m | -€59,322,814.00 | 27x | -15.4x | 1.7x |
| Mon, 24 Jul 2023 | €985.9m | €503.7m | -€48,927,455.00 | 29.6x | -20.2x | 2x |
| Wed, 21 Jun 2023 | €1.0b | €481.5m | -€59,288,455.00 | 56.9x | -17.2x | 2.1x |
| Fri, 19 May 2023 | €914.5m | €481.1m | -€59,288,000.00 | 47.1x | -15.4x | 1.9x |
| Sun, 16 Apr 2023 | €980.5m | €454.8m | -€63,080,000.00 | 33.7x | -15.5x | 2.2x |
| Tue, 14 Mar 2023 | €914.8m | €419.3m | -€39,516,272.00 | 37.7x | -23.1x | 2.2x |
| Thu, 09 Feb 2023 | €1.0b | €419.3m | -€39,516,272.00 | 42.5x | -25.3x | 2.4x |
| Sat, 07 Jan 2023 | €998.4m | €419.3m | -€39,516,272.00 | 42.7x | -25.3x | 2.4x |
| Mon, 05 Dec 2022 | €906.0m | €419.3m | -€39,516,272.00 | 45.4x | -22.9x | 2.2x |
| Wed, 02 Nov 2022 | €859.0m | €380.2m | -€44,774,272.00 | 62.4x | -19.2x | 2.3x |
| Fri, 30 Sep 2022 | €671.4m | €378.9m | -€45,373,303.00 | 48.2x | -14.8x | 1.8x |
| Sun, 28 Aug 2022 | €832.0m | €337.8m | -€7,510,303.00 | 95.5x | -110.8x | 2.5x |
| Tue, 26 Jul 2022 | €908.8m | €337.8m | -€7,510,303.00 | 106.4x | -121x | 2.7x |
| Thu, 23 Jun 2022 | €871.4m | €337.8m | -€7,510,303.00 | 99.5x | -116x | 2.6x |
| Sat, 21 May 2022 | €860.9m | €307.5m | -€8,326,303.00 | 85.4x | -103.4x | 2.8x |
| Mon, 18 Apr 2022 | €862.4m | €302.9m | -€8,878,303.00 | 86.9x | -97.1x | 2.8x |
| Wed, 16 Mar 2022 | €1.0b | €271.4m | €13.0m | 33.8x | 77.4x | 3.7x |
| Fri, 11 Feb 2022 | €1.0b | €271.4m | €13.0m | 39.1x | 79.1x | 3.8x |
| Sun, 09 Jan 2022 | €1.2b | €271.4m | €13.0m | 44x | 95.2x | 4.6x |
| Tue, 07 Dec 2021 | €1.3b | €271.4m | €13.0m | 41.6x | 96.5x | 4.6x |
| Thu, 04 Nov 2021 | €1.1b | €261.4m | €12.9m | 44.8x | 85.8x | 4.2x |
| Sat, 02 Oct 2021 | €916.2m | €260.1m | €12.3m | 161.9x | 74.3x | 3.5x |
| Mon, 30 Aug 2021 | €759.5m | €253.6m | €9.4m | 122.2x | 80.9x | 3x |
| Tue, 06 Jul 2021 | €674.7m | €253.6m | €9.4m | 105.6x | 71.9x | 2.7x |
Price to Earnings Ratio
34.1x
Current Industry PE
- Investors are optimistic on the Italian Technology Hardware, Storage and Peripherals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 162x which is higher than its 3-year average PE of -3.6x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Technology Hardware, Storage and Peripherals industry have declined 16% per year over the last three years.
- Meanwhile revenues for these companies have grown 48% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Italian Tech Hardware Storage and Peripherals compare with similar industries?
| IT Market | -2.15% | |
| Tech | -1.89% | |
| Tech Hardware | -2.62% | |
| Tech Hardware Storage and Peripherals | -2.62% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MFT Matica Fintec | €1.46 | 2.1% +€328.1k | -43.0% | PE7.3x | |
| ETH Eurotech | €1.60 | 0.1% +€70.6k | -46.6% | PS0.6x |
