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Australian (ASX) Tech Sector Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies112
  • 7D0.3%
  • 3M35.5%
  • 1Y22.2%
  • YTD1.2%

Last week, the Tech industry hasn't moved much but WiseTech Global is up 3.1% in that time. As for the the longer term, the industry is up 22% over the past 12 months. As for the next few years, earnings are expected to grow by 22% per annum.

Sector Valuation and Performance

Has the Australian Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Jul 2025AU$123.8bAU$14.0bAU$373.0m40.5x332x8.8x
Tue, 03 Jun 2025AU$121.1bAU$14.1bAU$375.9m41.3x322.1x8.6x
Thu, 01 May 2025AU$103.0bAU$13.8bAU$317.2m42.3x324.7x7.4x
Sat, 29 Mar 2025AU$98.5bAU$13.9bAU$247.1m34.9x398.5x7.1x
Mon, 24 Feb 2025AU$123.2bAU$13.6bAU$85.1m62.4x1448.3x9x
Wed, 22 Jan 2025AU$118.5bAU$13.5bAU$67.4m58.1x1757x8.8x
Fri, 20 Dec 2024AU$117.9bAU$13.5bAU$47.8m58.9x2464.6x8.7x
Sun, 17 Nov 2024AU$124.9bAU$13.5bAU$51.2m65.3x2441.3x9.3x
Tue, 15 Oct 2024AU$119.3bAU$13.2bAU$5.5m63.7x21805.4x9.1x
Thu, 12 Sep 2024AU$110.1bAU$13.3b-AU$1,734,704.6661.4x-63471.6x8.3x
Sat, 10 Aug 2024AU$95.0bAU$14.9b-AU$447,906,793.7246.4x-212.1x6.4x
Mon, 08 Jul 2024AU$106.5bAU$15.3b-AU$329,256,445.7648.2x-323.5x6.9x
Wed, 05 Jun 2024AU$104.0bAU$15.4b-AU$334,314,171.6052.7x-311.1x6.8x
Fri, 03 May 2024AU$100.5bAU$15.2b-AU$577,511,605.1952.8x-173.9x6.6x
Sun, 31 Mar 2024AU$104.5bAU$15.3b-AU$663,597,207.4153.1x-157.4x6.8x
Tue, 27 Feb 2024AU$98.0bAU$16.2b-AU$1,024,538,477.7847.4x-95.6x6.1x
Thu, 25 Jan 2024AU$89.5bAU$17.1b-AU$1,602,702,264.0041.3x-55.8x5.2x
Sat, 23 Dec 2023AU$87.8bAU$17.1b-AU$1,585,203,196.0041.1x-55.4x5.1x
Mon, 20 Nov 2023AU$83.5bAU$17.1b-AU$1,616,255,943.0037.3x-51.7x4.9x
Wed, 18 Oct 2023AU$84.2bAU$17.0b-AU$1,738,660,375.0041x-48.4x4.9x
Fri, 15 Sep 2023AU$86.7bAU$17.0b-AU$1,728,507,985.0041.3x-50.1x5.1x
Sun, 13 Aug 2023AU$92.0bAU$16.3b-AU$1,524,899,372.0033.7x-60.3x5.6x
Tue, 11 Jul 2023AU$83.9bAU$16.0b-AU$1,522,281,505.0030.8x-55.1x5.3x
Thu, 08 Jun 2023AU$85.6bAU$15.9b-AU$1,542,015,220.0026.9x-55.5x5.4x
Sat, 06 May 2023AU$76.8bAU$15.7b-AU$1,541,222,043.0030.3x-49.9x4.9x
Mon, 03 Apr 2023AU$74.3bAU$15.7b-AU$1,541,897,304.0030.1x-48.2x4.7x
Wed, 01 Mar 2023AU$90.9bAU$22.0b-AU$1,500,261,730.0032.5x-60.6x4.1x
Fri, 27 Jan 2023AU$88.1bAU$20.5b-AU$937,695,075.0045.8x-93.9x4.3x
Sun, 25 Dec 2022AU$85.1bAU$20.8b-AU$945,200,877.0044.2x-90.1x4.1x
Tue, 22 Nov 2022AU$88.3bAU$20.7b-AU$969,285,101.0048.8x-91.1x4.3x
Thu, 20 Oct 2022AU$87.7bAU$20.7b-AU$826,541,680.0041.9x-106x4.2x
Sat, 17 Sep 2022AU$89.8bAU$20.3b-AU$785,750,738.0046.4x-114.3x4.4x
Mon, 15 Aug 2022AU$92.9bAU$19.3b-AU$818,859,825.0025.9x-113.4x4.8x
Wed, 13 Jul 2022AU$83.2bAU$19.2b-AU$837,861,214.0023.4x-99.2x4.3x
Price to Earnings Ratio

-99.2x


Total Market Cap: AU$83.2bTotal Earnings: -AU$837,861,214.00Total Revenue: AU$19.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Tech Sector Price to Earnings3Y Average -401.2x202320242025
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 332x which is higher than its 3-year average PE of -401x.
  • The 3-year average PS ratio of 6.2x is lower than the industry's current PS ratio of 8.8x.
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 10.0% 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 Market1.13%
Tech0.33%
Semiconductors7.20%
Communications5.69%
Software0.68%
IT-1.38%
Electronic Equipment and Components-1.56%
Tech Hardware-8.18%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 80.5x.
    • Analysts are expecting annual earnings growth of 18.6%, which is higher than its past year's earnings decline of 4.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings growth rate of 5.6% per year.
  • In contrast, the IT 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?

CompanyLast Price7D1YValuation
WTC WiseTech GlobalAU$112.103.1%
+AU$1.1b
15.3%PE126.9x
XRO XeroAU$178.01-2.7%
AU$1.1b
31.5%PE139.2x
360 Life360AU$33.114.1%
+AU$297.4m
107.2%PE520.9x
FCL FINEOS Corporation HoldingsAU$2.6717.6%
+AU$135.4m
44.3%PS3.8x
RUL RPMGlobal HoldingsAU$3.2511.7%
+AU$75.1m
28.5%PE109.6x

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