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Italian (Borsa Italiana) Market Analysis & Valuation

UpdatedSep 16, 2025
DataAggregated Company Financials
Companies394
  • 7D2.9%
  • 3M8.5%
  • 1Y26.1%
  • YTD22.7%

The market is up 2.9% over the last week, with the Financials sector leading the way, up 4.0%. As for the past 12 months, the market is up 26%. Earnings are forecast to grow by 9.0% annually.

Trending IndustriesSoftwareRenewable Energy

Market Valuation and Performance

Has the Italian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Sep 2025€993.9b€799.7b€64.1b17.9x15.5x1.2x
Thu, 14 Aug 2025€971.8b€799.4b€64.1b17.1x15.2x1.2x
Sat, 12 Jul 2025€934.4b€806.3b€71.7b16.7x13x1.2x
Mon, 09 Jun 2025€934.7b€822.9b€71.8b16x13x1.1x
Wed, 07 May 2025€893.7b€810.7b€70.5b14.9x12.7x1.1x
Fri, 04 Apr 2025€861.2b€814.8b€71.3b14.1x12.1x1.1x
Sun, 02 Mar 2025€813.3b€814.9b€67.4b14.2x12.1x1x
Tue, 28 Jan 2025€767.8b€821.2b€75.3b14.1x10.2x0.9x
Thu, 26 Dec 2024€720.9b€832.1b€76.0b13.8x9.5x0.9x
Sat, 23 Nov 2024€714.5b€833.5b€75.6b13.5x9.5x0.9x
Mon, 21 Oct 2024€745.9b€836.9b€75.3b14.3x9.9x0.9x
Wed, 18 Sep 2024€722.1b€836.5b€75.2b14.2x9.6x0.9x
Fri, 16 Aug 2024€710.9b€848.3b€75.4b13.9x9.4x0.8x
Sun, 14 Jul 2024€757.9b€854.2b€79.1b14.5x9.6x0.9x
Tue, 11 Jun 2024€774.9b€867.7b€79.9b14.6x9.7x0.9x
Thu, 09 May 2024€763.3b€869.7b€77.3b14.7x9.9x0.9x
Sat, 06 Apr 2024€772.3b€885.7b€78.7b14.3x9.8x0.9x
Mon, 04 Mar 2024€742.2b€909.7b€80.8b14.4x9.2x0.8x
Wed, 31 Jan 2024€681.1b€920.6b€76.8b15x8.9x0.7x
Fri, 29 Dec 2023€675.3b€921.2b€77.3b14.7x8.7x0.7x
Sun, 26 Nov 2023€647.5b€923.6b€77.3b14x8.4x0.7x
Tue, 24 Oct 2023€612.4b€966.1b€74.1b13.5x8.3x0.6x
Thu, 21 Sep 2023€652.4b€964.2b€73.8b15.3x8.8x0.7x
Sat, 19 Aug 2023€624.8b€962.3b€73.7b15.2x8.5x0.6x
Mon, 17 Jul 2023€636.3b€946.9b€69.5b16x9.2x0.7x
Wed, 14 Jun 2023€621.8b€947.9b€77.3b16.3x8x0.7x
Fri, 12 May 2023€618.5b€943.5b€77.0b15.8x8x0.7x
Sun, 09 Apr 2023€623.1b€936.7b€67.0b16.4x9.3x0.7x
Tue, 07 Mar 2023€638.6b€946.6b€57.5b16.2x11.1x0.7x
Thu, 02 Feb 2023€614.7b€917.3b€55.7b15.9x11x0.7x
Sat, 31 Dec 2022€566.0b€913.7b€51.8b15.6x10.9x0.6x
Mon, 28 Nov 2022€597.5b€918.6b€51.9b16.2x11.5x0.7x
Wed, 26 Oct 2022€556.6b€888.9b€51.3b15.2x10.8x0.6x
Fri, 23 Sep 2022€557.3b€922.9b€53.2b16.2x10.5x0.6x
Price to Earnings Ratio

10.5x


Total Market Cap: €557.3bTotal Earnings: €53.2bTotal Revenue: €922.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Market Price to Earnings3Y Average 10.2x202320242025
Current Market PE
  • Investors are optimistic on the Italian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 15.5x which is higher than its 3-year average PE of 10.2x.
Past Earnings Growth
  • The earnings for Italian listed companies have grown 6.5% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.7% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits are increasing.

Sector Trends

Which sectors have driven the changes within the Italian Market?

IT Market2.91%
Materials6.07%
Tech5.61%
Industrials4.92%
Financials3.97%
Consumer Discretionary2.03%
Telecom1.71%
Energy1.62%
Real Estate1.24%
Utilities1.11%
Healthcare-2.15%
Consumer Staples-2.19%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 11.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 18.9%, which is higher than its past year's earnings growth of 0.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 39% over the next 5 years.
  • However this is lower than its past earnings growth rate of 53% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 3.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
LDO Leonardo€50.787.4%
+€2.0b		155.8%PE28xIndustrials
STLAM Stellantis€8.146.8%
+€1.5b		-40.3%PS0.2xConsumer Discretionary
ISP Intesa Sanpaolo€5.481.1%
+€1.1b		45.7%PB1.5xFinancials
BAMI Banco BPM€12.794.8%
+€870.8m		112.7%PB1.3xFinancials
BPE BPER Banca€9.363.7%
+€788.6m		91.8%PB1.6xFinancials
See more

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Latest News

BPE
€9.51
BPER Banca
7D
7.8%
1Y
95.2%

Digital Transformation And ESG Lending Will Shape Future Expansion

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MB
€22.01
Mediobanca Banca di Credito Finanziario
7D
13.0%
1Y
47.2%
BMPS
€8.41
Banca Monte dei Paschi di Siena
7D
14.1%
1Y
68.1%
REC
€53.55
Recordati Industria Chimica e Farmaceutica
7D
-1.1%
1Y
5.9%

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STLAM
€8.15
Stellantis
7D
6.9%
1Y
-40.0%

Electrification And Global Market Expansion Will Unlock Value

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CPR
€5.65
Davide Campari-Milano
7D
-5.6%
1Y
-25.7%

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NEXI
€4.65
Nexi
7D
-11.6%
1Y
-23.5%

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UCG
€67.54
UniCredit
7D
2.7%
1Y
82.0%
LDO
€52.36
Leonardo
7D
10.5%
1Y
152.0%

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With no material changes in net profit margin or revenue growth forecasts, Leonardo's consensus analyst price target remains stable at €53.99. What's in the News Leonardo and Textron Aviation Defense entered a teaming agreement to offer the Beechcraft M-346N, based on Leonardo's M-346 trainer, for the U.S. Navy Undergraduate Jet Training System program.
ISP
€5.61
Intesa Sanpaolo
7D
4.9%
1Y
50.1%

Digital Transformation, ESG, And European Integration Will Drive Future Opportunity

Analysts maintain a positive outlook on Intesa Sanpaolo driven by resilient profitability, strong capital management, and sustained operating performance, resulting in no change to the consensus price target, which remains at €5.88. Analyst Commentary Bullish analysts attribute the price target increases to improved earnings visibility and resilient profitability.
RACE
€406.70
Ferrari
7D
-0.5%
1Y
-2.4%

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REY
€117.20
Reply
7D
-2.3%
1Y
-13.6%

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AMP
€14.84
Amplifon
7D
-5.3%
1Y
-45.6%

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DIA
€78.30
DiaSorin
7D
-4.5%
1Y
-24.4%

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SRG
€5.11
Snam
7D
-0.7%
1Y
11.0%

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BAMI
€12.76
Banco BPM
7D
6.7%
1Y
113.5%