Why Orcoda Limited (ASX:ODA) Could Be Worth Watching
May 02
Australian (ASX) Application Software Industry Analysis
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies78
- 7D-0.5%
- 3M19.0%
- 1Y33.0%
- YTDn/a
In the last week, the Application Software industry is up 2.3%, with WiseTech Global up 3.5%. In the same time, BrainChip Holdings was down 7.8%. In the last 12 months, the industry was up 30%. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Australian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | AU$77.6b | AU$7.5b | -AU$272,657,587.49 | 63.4x | -284.6x | 10.4x |
| Sat, 30 Mar 2024 | AU$81.0b | AU$7.5b | -AU$287,479,921.21 | 63x | -281.9x | 10.9x |
| Mon, 26 Feb 2024 | AU$75.6b | AU$7.5b | -AU$421,696,879.30 | 52.6x | -179.2x | 10.1x |
| Wed, 24 Jan 2024 | AU$70.3b | AU$8.1b | -AU$927,154,141.00 | 60.6x | -75.8x | 8.7x |
| Fri, 22 Dec 2023 | AU$68.1b | AU$8.1b | -AU$925,971,379.00 | 60.6x | -73.6x | 8.4x |
| Sun, 19 Nov 2023 | AU$64.2b | AU$8.1b | -AU$934,871,966.00 | 57.5x | -68.7x | 7.9x |
| Tue, 17 Oct 2023 | AU$65.2b | AU$7.8b | -AU$989,272,665.00 | 57.9x | -65.9x | 8.3x |
| Thu, 14 Sep 2023 | AU$67.2b | AU$7.8b | -AU$994,407,612.00 | 59.9x | -67.5x | 8.6x |
| Sat, 12 Aug 2023 | AU$72.8b | AU$7.5b | -AU$763,865,046.00 | 50.7x | -95.3x | 9.7x |
| Mon, 10 Jul 2023 | AU$67.6b | AU$7.5b | -AU$762,047,190.00 | 49.6x | -88.8x | 9.1x |
| Wed, 07 Jun 2023 | AU$67.6b | AU$7.5b | -AU$768,296,164.00 | 51x | -87.9x | 9.1x |
| Fri, 05 May 2023 | AU$61.1b | AU$7.3b | -AU$733,611,986.00 | 47.7x | -83.3x | 8.4x |
| Sun, 02 Apr 2023 | AU$59.5b | AU$7.3b | -AU$726,900,538.00 | 45.6x | -81.8x | 8.2x |
| Tue, 28 Feb 2023 | AU$57.1b | AU$7.1b | -AU$477,688,439.00 | 45x | -119.4x | 8x |
| Thu, 26 Jan 2023 | AU$56.3b | AU$6.9b | -AU$559,773,959.00 | 52.9x | -100.7x | 8.2x |
| Sat, 24 Dec 2022 | AU$52.3b | AU$6.9b | -AU$571,949,720.00 | 50.1x | -91.4x | 7.5x |
| Mon, 21 Nov 2022 | AU$55.3b | AU$6.9b | -AU$584,463,236.00 | 51.4x | -94.6x | 8.1x |
| Wed, 19 Oct 2022 | AU$54.9b | AU$6.7b | -AU$569,466,951.00 | 47.6x | -96.4x | 8.2x |
| Fri, 16 Sep 2022 | AU$57.2b | AU$6.6b | -AU$511,753,869.00 | 49.7x | -111.7x | 8.6x |
| Sun, 14 Aug 2022 | AU$57.1b | AU$6.2b | -AU$362,025,492.00 | 26.7x | -157.6x | 9.2x |
| Tue, 12 Jul 2022 | AU$49.5b | AU$6.2b | -AU$363,035,638.00 | 25.6x | -136.4x | 7.9x |
| Thu, 09 Jun 2022 | AU$48.4b | AU$6.2b | -AU$326,236,984.00 | 29.1x | -148.2x | 7.8x |
| Sat, 07 May 2022 | AU$51.5b | AU$6.0b | -AU$343,668,760.00 | 27.7x | -149.9x | 8.6x |
| Mon, 04 Apr 2022 | AU$59.8b | AU$6.0b | -AU$340,534,144.00 | 33.9x | -175.6x | 10x |
| Wed, 02 Mar 2022 | AU$58.1b | AU$6.0b | -AU$326,275,651.00 | 38x | -178x | 9.7x |
| Fri, 28 Jan 2022 | AU$57.6b | AU$5.6b | -AU$78,878,291.00 | 40.7x | -730.3x | 10.3x |
| Sun, 26 Dec 2021 | AU$72.2b | AU$5.4b | -AU$87,141,851.00 | 39.6x | -829x | 13.4x |
| Tue, 23 Nov 2021 | AU$73.3b | AU$5.4b | -AU$84,366,253.00 | 41.6x | -868.6x | 13.6x |
| Thu, 21 Oct 2021 | AU$70.6b | AU$5.3b | -AU$82,845,286.00 | 45.1x | -852.3x | 13.2x |
| Sat, 18 Sep 2021 | AU$71.0b | AU$5.4b | -AU$85,391,568.00 | 45.6x | -831x | 13.2x |
| Mon, 16 Aug 2021 | AU$64.1b | AU$5.3b | -AU$69,482,902.11 | 46.3x | -923.1x | 12.2x |
| Mon, 31 May 2021 | AU$56.1b | AU$5.1b | -AU$66,591,284.09 | 35x | -843.2x | 11x |
Price to Earnings Ratio
-1025.7x
Current Industry PE
- Investors are relatively neutral on the Australian Application Software industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 9.6x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 13% 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 Comparison
How does Australian Application Software compare with similar industries?
| AU Market | -1.54% | |
| Tech | -0.75% | |
| Software | -0.48% | |
| Application Software | -0.45% | |
| Systems Software | -3.46% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| XRO Xero | AU$123.18 | 2.8% +AU$513.2m | 35.4% | PS13.4x | |
| 360 Life360 | AU$14.35 | 7.0% +AU$202.6m | 189.3% | PS6.4x | |
| ALU Altium | AU$65.82 | 0.6% +AU$48.8m | 79.1% | PE81x | |
| VNL Vinyl Group | AU$0.12 | 25.0% +AU$35.7m | 185.7% | PS80.2x | |
| RUL RPMGlobal Holdings | AU$2.41 | 3.9% +AU$20.0m | 75.9% | PE57.6x |
