Filipino (PSEi) Tech Sector Analysis
- 7D-0.5%
- 3M-6.8%
- 1Y-12.1%
- YTD-19.9%
Over the last 7 days, the Tech industry has remained flat. Unfortunately though, the industry is down 12% over the past 12 months.
Sector Valuation and Performance
Has the Filipino Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 29 Nov 2021 | ₱40.2b | ₱92.7b | ₱922.3m | 8.4x |
| Wed, 27 Oct 2021 | ₱40.9b | ₱92.0b | ₱1.6b | 9.6x |
| Fri, 24 Sep 2021 | ₱37.8b | ₱91.4b | ₱1.5b | 10.1x |
| Sun, 22 Aug 2021 | ₱39.9b | ₱88.8b | ₱1.5b | 10.7x |
| Fri, 09 Jul 2021 | ₱46.1b | ₱88.8b | ₱1.5b | 9.7x |
| Thu, 01 Apr 2021 | ₱47.1b | ₱83.1b | ₱552.0m | 14.1x |
| Sun, 03 Jan 2021 | ₱45.9b | ₱78.6b | ₱45.6m | 22.2x |
| Wed, 07 Oct 2020 | ₱33.1b | ₱79.0b | -₱198,182,924.97 | 8.5x |
| Tue, 30 Jun 2020 | ₱31.8b | ₱82.4b | -₱768,907,350.70 | 14.9x |
| Fri, 03 Apr 2020 | ₱23.5b | ₱89.0b | ₱348.4m | 7.3x |
| Mon, 06 Jan 2020 | ₱37.4b | ₱92.8b | -₱2,139,826,446.60 | 10.3x |
| Thu, 10 Oct 2019 | ₱41.9b | ₱96.5b | ₱2.4b | 15.7x |
| Wed, 03 Jul 2019 | ₱51.4b | ₱95.8b | ₱3.7b | 13.2x |
| Sat, 06 Apr 2019 | ₱61.1b | ₱99.1b | ₱5.1b | 12.9x |
| Tue, 08 Jan 2019 | ₱59.7b | ₱98.7b | ₱5.5b | 20.1x |
27.9x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 8.4x which is lower than its 3-year average PE of 15.1x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Information Technology industry have declined 36% per year over the last three years, and revenues have also declined 2.1% 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 Filipino Tech sector?
| Semiconductors | 0.36% | |
| Electronic Equipment and Components | -0.61% | |
| IT | -1.65% | |
Industry PE: Investors are most optimistic about the IT industry, which is trading close to its 3-year average PE ratio of 645x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Semiconductors industry, which is trading below its 3-year average of 11.2x.
Forecasted Growth: Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 122% over the next 5 years. This is better than it's past earnings growth rate of 97% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| SSP SFA Semicon Philippines | 4.8%+₱108.3m | -28.1% | PE5.5x | |
| SGI Solid Group | 2.6%+₱54.6m | 3.5% | PE8.2x | |
| GREEN Greenergy Holdings | 0.4%+₱26.0m | -9.5% | PS144.6x | |
| ION Ionics | 1.3%+₱8.4m | -26.7% | PE5.3x |