We Think EOH Holdings (JSE:EOH) Is Taking Some Risk With Its Debt
Apr 30
South African (JSE) IT Industry Analysis
UpdatedMay 04, 2024
DataAggregated Company Financials
Companies7
- 7D-1.0%
- 3M-0.5%
- 1Y-14.3%
- YTD3.9%
In the last week, IT has been flat. As for the longer term, the industry has declined 12% in the last year.
Industry Valuation and Performance
Has the South African IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 04 May 2024 | R7.5b | R21.4b | -R419,068,660.00 | 11.8x | -17.9x | 0.4x |
| Mon, 01 Apr 2024 | R7.5b | R21.4b | -R420,995,660.00 | 12.2x | -17.8x | 0.3x |
| Wed, 28 Feb 2024 | R7.2b | R21.5b | -R356,907,660.00 | 12.2x | -20.1x | 0.3x |
| Fri, 26 Jan 2024 | R7.4b | R21.3b | -R358,480,085.00 | 12.4x | -20.7x | 0.3x |
| Sun, 24 Dec 2023 | R7.0b | R21.3b | -R358,480,085.00 | 9.6x | -19.5x | 0.3x |
| Tue, 21 Nov 2023 | R7.4b | R21.0b | -R158,367,034.00 | 9.8x | -46.5x | 0.4x |
| Thu, 19 Oct 2023 | R6.1b | R20.8b | -R158,367,034.00 | 10.6x | -38.2x | 0.3x |
| Sat, 16 Sep 2023 | R6.1b | R14.6b | -R76,018,034.00 | 10.9x | -80.1x | 0.4x |
| Mon, 14 Aug 2023 | R5.8b | R14.4b | -R87,939,425.00 | 10.5x | -65.8x | 0.4x |
| Wed, 12 Jul 2023 | R6.2b | R14.4b | -R579,576,425.00 | 10.1x | -10.8x | 0.4x |
| Fri, 09 Jun 2023 | R6.5b | R13.6b | -R488,589,109.00 | 10.2x | -13.2x | 0.5x |
| Sun, 07 May 2023 | R7.6b | R13.4b | -R387,675,109.00 | 11.4x | -19.6x | 0.6x |
| Tue, 04 Apr 2023 | R7.6b | R13.3b | -R387,033,145.00 | 11.4x | -19.6x | 0.6x |
| Thu, 02 Mar 2023 | R8.7b | R14.1b | -R276,996,145.00 | 10.8x | -31.3x | 0.6x |
| Sat, 28 Jan 2023 | R8.9b | R14.1b | -R276,996,145.00 | 12.4x | -32.1x | 0.6x |
| Mon, 26 Dec 2022 | R8.9b | R14.1b | -R276,996,145.00 | 13.1x | -32.2x | 0.6x |
| Wed, 23 Nov 2022 | R9.0b | R13.8b | -R426,804,169.00 | 11.2x | -21.1x | 0.6x |
| Fri, 21 Oct 2022 | R9.3b | R19.4b | -R643,839,169.00 | 11.1x | -14.5x | 0.5x |
| Sun, 18 Sep 2022 | R10.1b | R19.3b | -R653,723,047.00 | 12x | -15.5x | 0.5x |
| Tue, 16 Aug 2022 | R10.1b | R19.2b | -R165,623,047.00 | 12.8x | -61x | 0.5x |
| Thu, 14 Jul 2022 | R9.5b | R19.2b | -R165,623,047.00 | 12.9x | -57.6x | 0.5x |
| Sat, 11 Jun 2022 | R9.9b | R19.1b | -R178,226,281.00 | 13.9x | -55.5x | 0.5x |
| Mon, 09 May 2022 | R9.9b | R18.6b | -R79,462,281.00 | 12.7x | -124x | 0.5x |
| Wed, 06 Apr 2022 | R9.2b | R12.3b | R37.6m | 13.7x | 245.6x | 0.8x |
| Fri, 04 Mar 2022 | R9.2b | R12.3b | R37.6m | 14.2x | 246.2x | 0.8x |
| Sun, 30 Jan 2022 | R9.2b | R12.3b | R37.6m | 14.6x | 244.3x | 0.7x |
| Tue, 28 Dec 2021 | R9.2b | R13.0b | R91.6m | 13.5x | 100.7x | 0.7x |
| Thu, 25 Nov 2021 | R9.7b | R12.8b | R215.7m | 16.6x | 44.9x | 0.8x |
| Sat, 23 Oct 2021 | R10.5b | R20.5b | -R395,487,504.00 | 13.6x | -26.6x | 0.5x |
| Mon, 20 Sep 2021 | R9.8b | R20.5b | -R379,620,214.00 | 10.4x | -25.8x | 0.5x |
| Wed, 18 Aug 2021 | R9.8b | R20.4b | -R520,490,344.07 | 10.6x | -18.8x | 0.5x |
| Wed, 02 Jun 2021 | R11.1b | R20.4b | -R520,490,344.07 | 10x | -21.4x | 0.5x |
Price to Earnings Ratio
-21.4x
Current Industry PE
- Investors are pessimistic on the South African IT 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 0.52x.
Past Earnings Growth
- The earnings for companies in the IT industry have improved over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since losses are shrinking while sales have been flat.
Industry Trends
Which industries have driven the changes within the South African Tech industry?
| ZA Market | 1.90% | |
| Tech | 3.56% | |
| IT | -1.02% | |
| Internet Services and Infrastructure | 0% | |
| Data Processing Services | 0% | |
| IT Consulting | -1.02% | |
Industry PE
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MFL Metrofile Holdings | R2.64 | 2.7% +R29.6m | -17.5% | PE8.7x | |
| EOH EOH Holdings | R1.19 | 3.5% +R25.2m | -29.2% | PS0.1x | |
| 4SI 4Sight Holdings | R0.76 | 1.3% +R5.3m | 171.4% | PE14x |
