An Intrinsic Calculation For Kinaxis Inc. (TSE:KXS) Suggests It's 42% Undervalued
May 01
Canadian (TSX) Application Software Industry Analysis
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies79
- 7D-1.3%
- 3M-0.9%
- 1Y28.7%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 1.3%, driven by Constellation Software declining 2.2%. This takes the industry's 12 month performance to a gain of 29%. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Canadian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | CA$121.9b | CA$19.3b | -CA$3,815,704,733.49 | 35x | -32x | 6.3x |
| Sat, 30 Mar 2024 | CA$126.1b | CA$19.2b | -CA$3,931,897,655.43 | 22.2x | -32.1x | 6.5x |
| Mon, 26 Feb 2024 | CA$120.5b | CA$18.4b | -CA$1,903,638,681.69 | 23.1x | -63.3x | 6.5x |
| Wed, 24 Jan 2024 | CA$118.8b | CA$18.5b | -CA$3,179,244,901.00 | 26x | -37.4x | 6.4x |
| Fri, 22 Dec 2023 | CA$109.0b | CA$18.3b | -CA$3,253,342,425.00 | 26.9x | -33.5x | 5.9x |
| Sun, 19 Nov 2023 | CA$105.7b | CA$18.8b | -CA$3,427,201,732.00 | 46.5x | -30.9x | 5.6x |
| Tue, 17 Oct 2023 | CA$96.2b | CA$17.8b | -CA$3,380,988,661.00 | 45.2x | -28.4x | 5.4x |
| Thu, 14 Sep 2023 | CA$97.3b | CA$17.8b | -CA$3,282,879,994.00 | 43.4x | -29.6x | 5.5x |
| Sat, 12 Aug 2023 | CA$97.5b | CA$17.2b | -CA$3,371,507,620.00 | 42.3x | -28.9x | 5.7x |
| Mon, 10 Jul 2023 | CA$96.2b | CA$16.7b | -CA$2,927,453,202.00 | 61x | -32.9x | 5.8x |
| Wed, 07 Jun 2023 | CA$97.3b | CA$16.8b | -CA$2,984,230,450.00 | 68.8x | -32.6x | 5.8x |
| Fri, 05 May 2023 | CA$91.7b | CA$16.1b | -CA$2,343,331,541.00 | 49.5x | -39.1x | 5.7x |
| Sun, 02 Apr 2023 | CA$92.0b | CA$15.7b | -CA$2,384,137,853.00 | 31.2x | -38.6x | 5.8x |
| Tue, 28 Feb 2023 | CA$84.2b | CA$15.1b | -CA$2,299,525,306.00 | 30.9x | -36.6x | 5.6x |
| Thu, 26 Jan 2023 | CA$82.6b | CA$14.8b | -CA$501,946,063.00 | 24.9x | -164.5x | 5.6x |
| Sat, 24 Dec 2022 | CA$75.2b | CA$15.0b | -CA$509,520,076.00 | 27x | -147.6x | 5x |
| Mon, 21 Nov 2022 | CA$72.5b | CA$14.7b | -CA$476,634,031.00 | 29.3x | -152x | 4.9x |
| Wed, 19 Oct 2022 | CA$70.4b | CA$14.3b | -CA$223,161,530.00 | 28.3x | -315.6x | 4.9x |
| Fri, 16 Sep 2022 | CA$72.1b | CA$13.8b | -CA$254,092,290.00 | 20.4x | -283.9x | 5.2x |
| Sun, 14 Aug 2022 | CA$80.5b | CA$13.3b | CA$88.5m | 46.1x | 909.5x | 6.1x |
| Tue, 12 Jul 2022 | CA$71.9b | CA$12.7b | CA$657.1m | 27.3x | 109.4x | 5.7x |
| Thu, 09 Jun 2022 | CA$74.0b | CA$13.0b | CA$167.2m | 36.7x | 442.2x | 5.7x |
| Sat, 07 May 2022 | CA$75.7b | CA$12.9b | CA$279.4m | 44.7x | 270.8x | 5.9x |
| Mon, 04 Apr 2022 | CA$90.4b | CA$12.1b | -CA$2,667,857,427.00 | 23.7x | -33.9x | 7.5x |
| Wed, 02 Mar 2022 | CA$86.6b | CA$11.6b | -CA$2,522,246,320.00 | 24.4x | -34.3x | 7.5x |
| Fri, 28 Jan 2022 | CA$80.4b | CA$10.8b | -CA$2,582,256,079.00 | 46x | -31.1x | 7.5x |
| Sun, 26 Dec 2021 | CA$98.2b | CA$10.8b | -CA$2,628,944,065.00 | 55x | -37.3x | 9.1x |
| Tue, 23 Nov 2021 | CA$105.4b | CA$10.6b | -CA$2,546,370,793.00 | 40x | -41.4x | 9.9x |
| Thu, 21 Oct 2021 | CA$107.4b | CA$9.5b | -CA$2,587,584,399.00 | 46.8x | -41.5x | 11.4x |
| Sat, 18 Sep 2021 | CA$111.1b | CA$9.6b | -CA$2,716,425,954.00 | 40.8x | -40.9x | 11.5x |
| Mon, 16 Aug 2021 | CA$98.3b | CA$9.4b | -CA$2,619,587,677.55 | 36.3x | -37.5x | 10.4x |
| Mon, 31 May 2021 | CA$73.5b | CA$7.7b | CA$246.4m | 38.1x | 298.3x | 9.6x |
Price to Earnings Ratio
298.9x
Current Industry PE
- Investors are relatively neutral on the Canadian 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 6.8x.
Past Earnings Growth
- Total earnings for the Application Software industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 36% 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 Comparison
How does Canadian Application Software compare with similar industries?
| CA Market | -0.54% | |
| Tech | -2.02% | |
| Software | -1.32% | |
| Application Software | -1.33% | |
| Systems Software | -0.93% | |
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 | |
|---|---|---|---|---|---|
| LMN Lumine Group | CA$38.20 | 4.7% +CA$436.3m | 101.1% | PS14.3x | |
| DSG Descartes Systems Group | CA$130.50 | 0.9% +CA$105.9m | 28.2% | PE69.8x | |
| DCBO Docebo | CA$62.17 | 1.8% +CA$33.4m | 21.8% | PE483.4x | |
| CMG Computer Modelling Group | CA$10.93 | 3.1% +CA$26.9m | 43.4% | PE36.7x | |
| KXS Kinaxis | CA$152.49 | 0.5% +CA$22.1m | -14.1% | PE312.7x |
