Estimating The Fair Value Of Nuix Limited (ASX:NXL)
Dec 09
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Australian (ASX) Tech Sector Analysis
UpdatedDec 10, 2024
DataAggregated Company Financials
Companies113
- 7D1.1%
- 3M12.7%
- 1Y63.9%
- YTD52.5%
Xero is up 2.4%, leading the way for the Tech industry, which has gained 2.0%. In the same time, Life360 was down 5.7%. In the last 12 months, the industry was up 64%. As for the next few years, earnings are expected to grow by 27% per annum.
Sector Valuation and Performance
Has the Australian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 10 Dec 2024 | AU$126.5b | AU$13.5b | AU$67.6m | 64.2x | 1870.2x | 9.4x |
| Thu, 07 Nov 2024 | AU$116.6b | AU$13.2b | -AU$4,752,719.34 | 63.8x | -24523.1x | 8.8x |
| Sat, 05 Oct 2024 | AU$116.1b | AU$13.2b | AU$14.1m | 64.2x | 8205.6x | 8.8x |
| Mon, 02 Sep 2024 | AU$108.9b | AU$13.3b | AU$3.4m | 59.7x | 31569.6x | 8.2x |
| Wed, 31 Jul 2024 | AU$106.8b | AU$15.3b | -AU$333,035,040.48 | 54.3x | -320.5x | 7x |
| Fri, 28 Jun 2024 | AU$106.7b | AU$15.4b | -AU$331,344,671.97 | 49.1x | -322.1x | 6.9x |
| Sun, 26 May 2024 | AU$105.3b | AU$15.4b | -AU$349,363,078.89 | 54.2x | -301.5x | 6.8x |
| Tue, 23 Apr 2024 | AU$97.7b | AU$15.3b | -AU$648,238,246.45 | 52x | -150.7x | 6.4x |
| Thu, 21 Mar 2024 | AU$104.1b | AU$16.2b | -AU$670,032,565.92 | 54x | -155.3x | 6.4x |
| Sat, 17 Feb 2024 | AU$93.6b | AU$16.1b | -AU$1,286,247,324.33 | 43.6x | -72.7x | 5.8x |
| Mon, 15 Jan 2024 | AU$87.7b | AU$17.1b | -AU$1,595,869,066.00 | 41.2x | -55x | 5.1x |
| Wed, 13 Dec 2023 | AU$85.5b | AU$17.1b | -AU$1,603,282,025.00 | 39.9x | -53.3x | 5x |
| Fri, 10 Nov 2023 | AU$80.8b | AU$17.1b | -AU$1,671,608,016.00 | 36.7x | -48.3x | 4.7x |
| Sun, 08 Oct 2023 | AU$82.2b | AU$17.0b | -AU$1,730,340,546.00 | 41.4x | -47.5x | 4.8x |
| Tue, 05 Sep 2023 | AU$89.6b | AU$17.0b | -AU$1,726,113,546.00 | 41.9x | -51.9x | 5.3x |
| Thu, 03 Aug 2023 | AU$93.2b | AU$16.3b | -AU$1,515,161,618.00 | 33.2x | -61.5x | 5.7x |
| Sat, 01 Jul 2023 | AU$87.5b | AU$16.0b | -AU$1,547,881,821.00 | 28x | -56.5x | 5.5x |
| Mon, 29 May 2023 | AU$84.3b | AU$16.0b | -AU$1,600,225,180.00 | 27.1x | -52.7x | 5.3x |
| Wed, 26 Apr 2023 | AU$77.5b | AU$15.7b | -AU$1,549,179,095.00 | 31.3x | -50x | 4.9x |
| Fri, 24 Mar 2023 | AU$72.3b | AU$15.7b | -AU$1,529,896,676.00 | 28.7x | -47.2x | 4.6x |
| Sun, 19 Feb 2023 | AU$88.5b | AU$21.3b | -AU$787,689,524.00 | 31.7x | -112.4x | 4.2x |
| Tue, 17 Jan 2023 | AU$86.7b | AU$20.6b | -AU$941,980,658.00 | 44.7x | -92x | 4.2x |
| Thu, 15 Dec 2022 | AU$88.8b | AU$20.7b | -AU$946,733,561.00 | 51.1x | -93.7x | 4.3x |
| Sat, 12 Nov 2022 | AU$88.3b | AU$20.6b | -AU$836,815,970.00 | 49.8x | -105.5x | 4.3x |
| Mon, 10 Oct 2022 | AU$87.0b | AU$20.5b | -AU$801,036,804.00 | 43.8x | -108.6x | 4.2x |
| Wed, 07 Sep 2022 | AU$89.7b | AU$20.2b | -AU$779,409,211.00 | 46.8x | -115.1x | 4.4x |
| Fri, 05 Aug 2022 | AU$95.5b | AU$19.1b | -AU$834,997,737.00 | 25.5x | -114.3x | 5x |
| Sun, 03 Jul 2022 | AU$79.9b | AU$19.2b | -AU$839,135,536.00 | 25x | -95.2x | 4.2x |
| Tue, 31 May 2022 | AU$88.6b | AU$18.8b | -AU$783,564,739.00 | 26.6x | -113.1x | 4.7x |
| Thu, 28 Apr 2022 | AU$92.1b | AU$18.7b | -AU$748,153,031.00 | 27.4x | -123.1x | 4.9x |
| Sat, 26 Mar 2022 | AU$120.6b | AU$19.5b | -AU$888,634,387.00 | 31.4x | -135.7x | 6.2x |
| Mon, 21 Feb 2022 | AU$119.8b | AU$18.8b | -AU$539,543,711.00 | 28.7x | -222x | 6.4x |
| Wed, 19 Jan 2022 | AU$132.4b | AU$18.2b | -AU$467,205,052.00 | 37x | -283.4x | 7.3x |
| Fri, 17 Dec 2021 | AU$141.2b | AU$17.9b | -AU$475,603,385.00 | 34.5x | -297x | 7.9x |
Price to Earnings Ratio
-297x
Current Industry PE
- Investors are optimistic on the Australian Information Technology industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 2kx which is higher than its 3-year average PE of -626x.
- The 3-year average PS ratio of 5.7x is lower than the industry's current PS ratio of 9.4x.
Past Earnings Growth
- Total earnings for the Information Technology industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 9.0% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Australian Tech sector?
| AU Market | -0.25% | |
| Tech | 1.05% | |
| Tech Hardware | 6.52% | |
| Software | 1.46% | |
| Electronic Equipment and Components | 1.12% | |
| IT | -1.15% | |
| Communications | -2.34% | |
| Semiconductors | -5.02% | |
Industry PE
- Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 28.3%, which is higher than its past year's earnings growth of 6.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Tech Hardware industry, expecting annual earnings growth of 102% over the next 5 years.
- In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 19% per year 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 | |
|---|---|---|---|---|---|
| XRO Xero | AU$178.81 | 2.4% +AU$650.8m | 71.3% | PE139.2x | |
| WTC WiseTech Global | AU$131.32 | 1.4% +AU$590.4m | 93.1% | PE165.7x | |
| BVS Bravura Solutions | AU$2.22 | 41.4% +AU$291.4m | 175.8% | PE113.4x | |
| TNE Technology One | AU$31.55 | 2.1% +AU$208.6m | 113.5% | PE87.1x | |
| NXL Nuix | AU$6.72 | 7.0% +AU$145.5m | 285.1% | PE442.2x |
