Filipino (PSEi) Tech Sector Analysis
UpdatedNov 30, 2023
DataAggregated Company Financials
Companies8
- 7D-2.5%
- 3M-10.6%
- 1Y-22.9%
- YTD-27.3%
Over the last 7 days, the Tech industry has dropped 2.5%, driven by SFA Semicon Philippines declining 5.7%. Overall the industry is down 23% in 12 months. As for the next few years, earnings are expected to grow by 117% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 30 Nov 2023 | ₱19.3b | ₱104.9b | -₱3,917,209,917.00 | 33.6x | -4.9x | 0.2x |
| Sat, 28 Oct 2023 | ₱20.3b | ₱110.1b | -₱3,415,515,417.00 | 7.3x | -5.9x | 0.2x |
| Mon, 25 Sep 2023 | ₱20.4b | ₱109.9b | -₱3,407,482,406.00 | 7.6x | -6x | 0.2x |
| Wed, 23 Aug 2023 | ₱21.2b | ₱108.8b | -₱3,372,064,716.00 | 6.7x | -6.3x | 0.2x |
| Fri, 21 Jul 2023 | ₱23.4b | ₱107.0b | ₱1.2b | 9.7x | 20.1x | 0.2x |
| Sun, 18 Jun 2023 | ₱26.3b | ₱109.6b | ₱1.2b | 10.1x | 22.3x | 0.2x |
| Tue, 16 May 2023 | ₱26.2b | ₱111.6b | ₱1.1b | 5.1x | 24.4x | 0.2x |
| Thu, 13 Apr 2023 | ₱26.8b | ₱108.2b | ₱1.3b | 5.5x | 21.3x | 0.2x |
| Sat, 11 Mar 2023 | ₱29.5b | ₱107.1b | ₱547.9m | 12.6x | 53.9x | 0.3x |
| Mon, 06 Feb 2023 | ₱31.4b | ₱104.9b | ₱541.8m | 12.3x | 58x | 0.3x |
| Wed, 04 Jan 2023 | ₱29.0b | ₱108.6b | ₱552.0m | 11.5x | 52.6x | 0.3x |
| Fri, 02 Dec 2022 | ₱27.6b | ₱109.5b | ₱549.8m | 10.8x | 50.1x | 0.3x |
| Sun, 30 Oct 2022 | ₱26.7b | ₱110.2b | ₱211.2m | 42x | 126.7x | 0.2x |
| Tue, 27 Sep 2022 | ₱30.1b | ₱111.5b | ₱209.3m | 42.4x | 143.6x | 0.3x |
| Thu, 25 Aug 2022 | ₱33.2b | ₱106.6b | ₱216.4m | 53.5x | 153.4x | 0.3x |
| Sat, 23 Jul 2022 | ₱31.1b | ₱104.3b | ₱317.4m | 15.4x | 97.9x | 0.3x |
| Mon, 20 Jun 2022 | ₱30.1b | ₱99.7b | ₱313.5m | 14.3x | 95.9x | 0.3x |
| Wed, 18 May 2022 | ₱31.1b | ₱97.1b | ₱87.9m | 6.2x | 354x | 0.3x |
| Fri, 15 Apr 2022 | ₱32.5b | ₱95.8b | ₱455.3m | 6.2x | 71.3x | 0.3x |
| Sun, 13 Mar 2022 | ₱35.5b | ₱96.0b | ₱959.0m | 6.9x | 37x | 0.4x |
| Tue, 08 Feb 2022 | ₱40.5b | ₱94.0b | ₱937.2m | 8.2x | 43.2x | 0.4x |
| Thu, 06 Jan 2022 | ₱36.7b | ₱93.9b | ₱935.4m | 7.5x | 39.2x | 0.4x |
| Sat, 04 Dec 2021 | ₱38.4b | ₱92.6b | ₱920.6m | 7.9x | 41.7x | 0.4x |
| Mon, 01 Nov 2021 | ₱41.0b | ₱92.4b | ₱748.8m | 9.9x | 54.8x | 0.4x |
| Wed, 29 Sep 2021 | ₱36.5b | ₱92.9b | ₱1.6b | 9.7x | 23.2x | 0.4x |
| Fri, 27 Aug 2021 | ₱40.5b | ₱88.8b | ₱1.5b | 10.4x | 27.1x | 0.5x |
| Sat, 03 Jul 2021 | ₱46.1b | ₱88.8b | ₱1.5b | 9.7x | 30.8x | 0.5x |
| Tue, 06 Apr 2021 | ₱47.1b | ₱83.1b | ₱552.0m | 14.1x | 85.3x | 0.6x |
| Fri, 08 Jan 2021 | ₱45.9b | ₱78.6b | ₱45.6m | 22.2x | 1006.9x | 0.6x |
Price to Earnings Ratio
-210.5x
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 close to its 3-year average PS ratio of 0.36x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 9.9% 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 caused losses to expand.
Industry Trends
Which industries have driven the changes within the Filipino Tech sector?
| PH Market | 0.30% | |
| Tech | -2.51% | |
| Semiconductors | 0.16% | |
| Software | 0% | |
| Communications | 0% | |
| Tech Hardware | 0% | |
| Electronic Equipment and Components | -2.62% | |
| IT | -7.33% | |
Industry PE
- Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 117% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 117% per year over the next few years.