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Italian (Borsa Italiana) Market Analysis & Valuation

UpdatedNov 25, 2025
DataAggregated Company Financials
Companies389
  • 7D-0.008%
  • 3M1.4%
  • 1Y27.1%
  • YTD22.7%

In the last week, the market has stayed flat, however the Materials sector stood out, gaining 5.3%. As for the longer term, the market has risen 27% in the past 12 months. Looking forward, earnings are forecast to grow by 9.9% annually.

Trending IndustriesSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Nov 2025€996.6b€800.1b€65.4b16.4x15.2x1.2x
Fri, 24 Oct 2025€997.8b€799.7b€64.2b17.1x15.5x1.2x
Sun, 21 Sep 2025€989.7b€799.6b€64.2b17.8x15.4x1.2x
Tue, 19 Aug 2025€982.9b€798.9b€64.1b17.4x15.3x1.2x
Thu, 17 Jul 2025€919.8b€806.4b€71.7b16.9x12.8x1.1x
Sat, 14 Jun 2025€909.7b€823.0b€71.7b16.1x12.7x1.1x
Mon, 12 May 2025€909.5b€815.3b€71.7b15.3x12.7x1.1x
Wed, 09 Apr 2025€789.1b€815.3b€71.1b13.3x11.1x1x
Fri, 07 Mar 2025€818.1b€812.1b€68.2b14.1x12x1x
Sun, 02 Feb 2025€776.9b€833.3b€75.4b14.2x10.3x0.9x
Tue, 31 Dec 2024€730.0b€821.1b€75.4b14.1x9.7x0.9x
Thu, 28 Nov 2024€708.1b€831.7b€75.9b13.4x9.3x0.9x
Sat, 26 Oct 2024€734.2b€836.7b€74.1b14x9.9x0.9x
Mon, 23 Sep 2024€720.6b€836.8b€75.2b14.3x9.6x0.9x
Wed, 21 Aug 2024€710.1b€848.0b€75.5b14x9.4x0.8x
Fri, 19 Jul 2024€760.1b€854.0b€79.1b14.8x9.6x0.9x
Sun, 16 Jun 2024€732.2b€868.6b€79.9b13.9x9.2x0.8x
Tue, 14 May 2024€778.2b€863.3b€79.1b14.9x9.8x0.9x
Thu, 11 Apr 2024€771.7b€883.8b€79.0b14.5x9.8x0.9x
Sat, 09 Mar 2024€757.8b€921.2b€80.8b14x9.4x0.8x
Mon, 05 Feb 2024€679.8b€920.7b€76.8b15x8.9x0.7x
Wed, 03 Jan 2024€678.2b€921.3b€77.4b14.9x8.8x0.7x
Fri, 01 Dec 2023€653.5b€923.7b€77.3b14.3x8.5x0.7x
Sun, 29 Oct 2023€604.7b€947.4b€71.3b13.5x8.5x0.6x
Tue, 26 Sep 2023€633.3b€964.6b€73.8b15.1x8.6x0.7x
Thu, 24 Aug 2023€631.3b€962.3b€73.7b15.3x8.6x0.7x
Sat, 22 Jul 2023€639.9b€947.1b€69.5b15.8x9.2x0.7x
Mon, 19 Jun 2023€626.3b€947.9b€77.2b16x8.1x0.7x
Wed, 17 May 2023€620.2b€945.4b€77.5b16.2x8x0.7x
Fri, 14 Apr 2023€630.7b€951.1b€67.0b16x9.4x0.7x
Sun, 12 Mar 2023€622.9b€948.5b€57.2b15.1x10.9x0.7x
Tue, 07 Feb 2023€622.2b€917.3b€55.7b16x11.2x0.7x
Thu, 05 Jan 2023€582.4b€913.8b€51.8b16x11.2x0.6x
Sat, 03 Dec 2022€596.1b€918.4b€51.9b16.1x11.5x0.6x
Price to Earnings Ratio

11.5x


Total Market Cap: €596.1bTotal Earnings: €51.9bTotal Revenue: €918.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Market Price to Earnings3Y Average 10.5x202320242025
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 15.2x which is higher than its 3-year average PE of 10.5x.
Past Earnings Growth
  • The earnings for Italian listed companies have grown 8.0% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.5% 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 Market-0.0075%
Materials5.28%
Telecom3.27%
Consumer Staples2.65%
Consumer Discretionary1.41%
Tech1.02%
Real Estate1.00%
Healthcare0.57%
Financials0.49%
Utilities-1.45%
Industrials-1.88%
Energy-2.74%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 17.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 20.7%, which is higher than its past year's earnings growth of 6.3% per year.
  • The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 8.5x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings decline of 60% per year.
  • In contrast, the Utilities sector is expected to see its earnings grow by 3.2% 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
STLAM Stellantis€9.057.8%
+€1.9b		-25.8%PS0.2xConsumer Discretionary
G Assicurazioni Generali€33.532.3%
+€1.2b		21.0%PE13.2xFinancials
BMPS Banca Monte dei Paschi di Siena€8.683.2%
+€829.5m		48.8%PB1xFinancials
TIT Telecom Italia€0.506.3%
+€625.1m		114.3%PS0.7xTelecom
UCG UniCredit€63.150.6%
+€576.3m		76.1%PB1.4xFinancials
See more

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€8.68
Banca Monte dei Paschi di Siena
7D
3.2%
1Y
48.8%

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BZU
€52.85
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5.4%
1Y
29.5%

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BAMI
€12.29
Banco BPM
7D
-2.3%
1Y
77.2%
PST
€20.55
Poste Italiane
7D
-1.6%
1Y
55.1%
STLAM
€9.05
Stellantis
7D
7.8%
1Y
-25.8%
UCG
€63.15
UniCredit
7D
0.6%
1Y
76.1%

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Analysts have increased their fair value estimate for UniCredit from approximately €68.29 to €71.00. They cite improved profit margins and stronger revenue growth expectations as key factors driving this upward revision.
ENI
€15.68
Eni
7D
-4.0%
1Y
16.5%

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G
€33.53
Assicurazioni Generali
7D
2.3%
1Y
21.0%

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ISP
€5.51
Intesa Sanpaolo
7D
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1Y
53.8%
FCT
€17.62
Fincantieri
7D
-6.0%
1Y
206.5%

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ENEL
€8.78
Enel
7D
-2.5%
1Y
30.8%

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RACE
€333.80
Ferrari
7D
-2.5%
1Y
-19.1%

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DLG
€36.80
De'Longhi
7D
10.0%
1Y
31.9%

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Leonardo
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1Y
80.6%
TIT
€0.50
Telecom Italia
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6.3%
1Y
114.3%
PRY
€82.78
Prysmian
7D
2.1%
1Y
33.9%

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