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Italian (Borsa Italiana) Market Analysis & Valuation
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies412
- 7D-5.4%
- 3M-4.5%
- 1Y13.1%
- YTD4.0%
Over the last 7 days, the market has dropped 5.4%, driven by declines in every sector, especially the Financials sector. In the last year, the market is actually up 13%. Looking forward, earnings are forecast to grow by 5.1% annually.
Market Valuation and Performance
Has the Italian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | €732.4b | €869.0b | €79.8b | 14x | 9.2x | 0.8x |
| Mon, 13 May 2024 | €775.2b | €863.3b | €79.1b | 14.7x | 9.8x | 0.9x |
| Wed, 10 Apr 2024 | €770.9b | €884.0b | €78.9b | 14.5x | 9.8x | 0.9x |
| Fri, 08 Mar 2024 | €757.5b | €921.2b | €80.8b | 14.1x | 9.4x | 0.8x |
| Sun, 04 Feb 2024 | €679.8b | €920.7b | €76.8b | 15x | 8.9x | 0.7x |
| Tue, 02 Jan 2024 | €675.5b | €921.2b | €77.3b | 15x | 8.7x | 0.7x |
| Thu, 30 Nov 2023 | €651.4b | €923.6b | €77.3b | 14.3x | 8.4x | 0.7x |
| Sat, 28 Oct 2023 | €604.8b | €967.9b | €75.0b | 13.5x | 8.1x | 0.6x |
| Mon, 25 Sep 2023 | €638.9b | €964.5b | €73.8b | 15.1x | 8.7x | 0.7x |
| Wed, 23 Aug 2023 | €629.9b | €962.4b | €73.7b | 15.2x | 8.5x | 0.7x |
| Fri, 21 Jul 2023 | €638.7b | €947.1b | €69.5b | 15.9x | 9.2x | 0.7x |
| Sun, 18 Jun 2023 | €626.3b | €947.9b | €77.2b | 16x | 8.1x | 0.7x |
| Tue, 16 May 2023 | €621.5b | €945.0b | €77.5b | 16.2x | 8x | 0.7x |
| Thu, 13 Apr 2023 | €630.8b | €946.0b | €67.0b | 16.1x | 9.4x | 0.7x |
| Sat, 11 Mar 2023 | €622.9b | €948.4b | €57.2b | 15.1x | 10.9x | 0.7x |
| Mon, 06 Feb 2023 | €620.6b | €917.9b | €56.6b | 16x | 11x | 0.7x |
| Wed, 04 Jan 2023 | €574.4b | €913.9b | €51.9b | 15.8x | 11.1x | 0.6x |
| Fri, 02 Dec 2022 | €597.6b | €918.4b | €51.9b | 16.1x | 11.5x | 0.7x |
| Sun, 30 Oct 2022 | €563.3b | €918.4b | €57.0b | 15.5x | 9.9x | 0.6x |
| Tue, 27 Sep 2022 | €543.1b | €923.8b | €53.2b | 15.7x | 10.2x | 0.6x |
| Thu, 25 Aug 2022 | €585.5b | €919.3b | €53.1b | 18.1x | 11x | 0.6x |
| Sat, 23 Jul 2022 | €559.4b | €871.8b | €45.1b | 17.4x | 12.4x | 0.6x |
| Mon, 20 Jun 2022 | €577.6b | €872.3b | €45.0b | 17.1x | 12.8x | 0.7x |
| Wed, 18 May 2022 | €637.7b | €889.5b | €46.0b | 17.7x | 13.9x | 0.7x |
| Fri, 15 Apr 2022 | €655.2b | €846.5b | €44.4b | 18.6x | 14.8x | 0.8x |
| Sun, 13 Mar 2022 | €613.2b | €913.0b | €42.3b | 16.5x | 14.5x | 0.7x |
| Tue, 08 Feb 2022 | €685.7b | €829.6b | €44.0b | 18.7x | 15.6x | 0.8x |
| Thu, 06 Jan 2022 | €724.9b | €818.2b | €40.8b | 19.7x | 17.8x | 0.9x |
| Sat, 04 Dec 2021 | €671.5b | €815.4b | €40.3b | 18.3x | 16.7x | 0.8x |
| Mon, 01 Nov 2021 | €696.6b | €793.1b | €41.1b | 19.7x | 16.9x | 0.9x |
| Wed, 29 Sep 2021 | €666.3b | €782.7b | €40.1b | 21.1x | 16.6x | 0.9x |
| Fri, 27 Aug 2021 | €682.2b | €781.9b | €39.5b | 22.4x | 17.3x | 0.9x |
| Sat, 03 Jul 2021 | €652.1b | €781.9b | €39.5b | 21.1x | 16.5x | 0.8x |
Price to Earnings Ratio
16.5x
Current Market PE
- Investors are pessimistic on the Italian market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 9.2x which is lower than its 3-year average PE of 11.8x.
Past Earnings Growth
- The earnings for Italian listed companies have grown 26% per year over the last three years.
- Revenues for these companies have grown 3.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Italian Market?
| IT Market | -5.44% | |
| Consumer Staples | -1.48% | |
| Healthcare | -1.66% | |
| Materials | -2.09% | |
| Real Estate | -2.30% | |
| Tech | -2.85% | |
| Telecom | -2.91% | |
| Energy | -3.75% | |
| Utilities | -4.43% | |
| Consumer Discretionary | -5.68% | |
| Industrials | -5.76% | |
| Financials | -7.28% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 43.8x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 24.2%, which is higher than its past year's earnings growth of 17.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 89% over the next 5 years.
- This is better than its past earnings decline of 92% per year.
- In contrast, the Financials industry is expected to see its earnings growth to stay flat 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 | Sector | |
|---|---|---|---|---|---|---|
| AMP Amplifon | €34.64 | 1.9% +€144.7m | -1.3% | PE48.8x | Healthcare | |
| JUVE Juventus Football Club | €2.01 | 4.3% +€31.5m | -42.3% | PS1.9x | Telecom | |
| CALT Caltagirone | €5.62 | 4.5% +€28.8m | 37.7% | PE5.2x | Materials | |
| DHH Dominion Hosting Holding | €26.40 | 21.1% +€27.9m | 76.0% | PE40.4x | Tech | |
| TXT TXT e-solutions | €25.05 | 8.4% +€22.8m | 10.1% | PE17.6x | Tech |
