Filipino (PSEi) Tech Sector Analysis

Sector Valuation and Performance

Has the Filipino Tech Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 29 Nov 2022	₱27.8b	₱110.0b	₱556.1m	10.7x	50x	0.3x
Thu, 27 Oct 2022	₱26.9b	₱111.4b	₱209.6m	40.6x	128.4x	0.2x
Sat, 24 Sep 2022	₱30.0b	₱111.1b	₱210.0m	42.6x	142.7x	0.3x
Mon, 22 Aug 2022	₱34.0b	₱106.5b	₱216.5m	53.2x	157x	0.3x
Wed, 20 Jul 2022	₱29.9b	₱104.2b	₱317.3m	14.2x	94.4x	0.3x
Fri, 17 Jun 2022	₱30.7b	₱98.9b	₱312.9m	14.6x	98x	0.3x
Sun, 15 May 2022	₱30.7b	₱96.4b	₱151.8m	5.7x	202.3x	0.3x
Tue, 12 Apr 2022	₱33.0b	₱94.8b	₱449.7m	6.2x	73.3x	0.3x
Thu, 10 Mar 2022	₱35.1b	₱95.8b	₱957.3m	6.9x	36.6x	0.4x
Sat, 05 Feb 2022	₱40.7b	₱93.5b	₱931.3m	8.2x	43.7x	0.4x
Mon, 03 Jan 2022	₱37.3b	₱94.4b	₱941.4m	7.7x	39.6x	0.4x
Wed, 01 Dec 2021	₱38.9b	₱92.4b	₱919.0m	8.4x	42.4x	0.4x
Fri, 29 Oct 2021	₱41.6b	₱91.8b	₱1.6b	9.9x	26.8x	0.5x
Sun, 26 Sep 2021	₱37.7b	₱92.3b	₱1.6b	9.8x	24.1x	0.4x
Tue, 24 Aug 2021	₱40.7b	₱88.8b	₱1.5b	10.5x	27.2x	0.5x
Wed, 30 Jun 2021	₱46.1b	₱88.8b	₱1.5b	9.7x	30.8x	0.5x
Sat, 03 Apr 2021	₱47.1b	₱83.1b	₱552.0m	14.1x	85.3x	0.6x
Tue, 05 Jan 2021	₱45.9b	₱78.6b	₱45.6m	22.2x	1006.9x	0.6x
Fri, 09 Oct 2020	₱33.1b	₱79.0b	-₱198,182,924.97	8.5x	-167x	0.4x
Thu, 02 Jul 2020	₱31.8b	₱82.4b	-₱768,907,350.70	14.9x	-41.3x	0.4x
Sun, 05 Apr 2020	₱23.5b	₱89.0b	₱348.4m	7.3x	67.3x	0.3x
Wed, 08 Jan 2020	₱37.4b	₱92.8b	-₱2,139,826,446.60	10.3x	-17.5x	0.4x

Current Industry PE

Investors are pessimistic on the Filipino Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 50.2x which is lower than its 3-year average PE of 122x.

Past Earnings Growth

The earnings for companies in the Information Technology industry have declined 39% per year over the last three years.
Meanwhile revenues for these companies have grown 4.5% 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 Trends

Which industries have driven the changes within the Filipino Tech sector?


PH Market	2.84%
Tech	-0.59%
IT	5.17%
Communications	0%
Tech Hardware	0%
Electronic Equipment and Components	-1.35%
Semiconductors	-2.37%
Software	-7.41%

Industry PE

Investors are most optimistic about the Electronic Equipment and Components industry even though it's trading below its 3-year average PE ratio of 135x.

Analysts expect its future annual earnings growth (114.3%) to be largely in line with prior year's earnings growth.

Forecasted Growth

Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 114% over the next 5 years.
This is roughly in line with its past earnings growth rate.

In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 114% 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
NOW NOW	₱1.36	17.2% +₱361.3m	-12.3%	PE285.7x
I I-Remit	₱0.90	32.4% +₱134.6m	-1.1%	PS1.3x
TECH Cirtek Holdings Philippines	₱2.59	0.8% +₱13.0m	-35.3%	PE15.6x
ION Ionics	₱0.51	2.0% +₱8.4m	-33.8%	PE2x

Nov 17

Sector Valuation and Performance