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Australian (ASX) IT Industry Analysis
UpdatedJan 11, 2026
DataAggregated Company Financials
Companies19
- 7D1.0%
- 3M-15.6%
- 1Y-8.2%
- YTD1.0%
Last week, the IT industry hasn't moved much but Data#3 is up 6.0% in that time. As for the longer term, the industry has declined 8.2% in the last year. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Australian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 11 Jan 2026 | AU$14.7b | AU$2.9b | -AU$99,666,217.00 | 43x | -147.9x | 5.1x |
| Tue, 09 Dec 2025 | AU$15.8b | AU$2.9b | -AU$100,212,805.40 | 40.7x | -157.2x | 5.4x |
| Thu, 06 Nov 2025 | AU$16.9b | AU$2.9b | -AU$100,989,641.30 | 40.4x | -167.5x | 5.8x |
| Sat, 04 Oct 2025 | AU$17.8b | AU$2.9b | -AU$89,952,934.70 | 40.9x | -198.2x | 6.2x |
| Mon, 01 Sep 2025 | AU$17.5b | AU$2.9b | -AU$83,084,896.90 | 39x | -210.1x | 6x |
| Wed, 30 Jul 2025 | AU$15.8b | AU$2.8b | -AU$87,829,063.90 | 34x | -179.7x | 5.6x |
| Fri, 27 Jun 2025 | AU$15.4b | AU$2.8b | -AU$89,723,005.40 | 39x | -171.3x | 5.5x |
| Sun, 25 May 2025 | AU$14.4b | AU$2.8b | -AU$89,923,095.40 | 40.8x | -160x | 5.2x |
| Tue, 22 Apr 2025 | AU$12.4b | AU$2.8b | -AU$90,289,260.10 | 37.9x | -137.8x | 4.4x |
| Thu, 20 Mar 2025 | AU$13.9b | AU$2.8b | -AU$90,697,443.70 | 39x | -153.7x | 5x |
| Sat, 15 Feb 2025 | AU$15.9b | AU$2.7b | -AU$198,876,419.50 | 78.7x | -80x | 5.8x |
| Mon, 13 Jan 2025 | AU$15.7b | AU$2.6b | -AU$192,918,461.10 | 74x | -81.5x | 6x |
| Wed, 11 Dec 2024 | AU$16.0b | AU$2.6b | -AU$186,978,612.90 | 72.4x | -85.4x | 6.1x |
| Fri, 08 Nov 2024 | AU$16.4b | AU$2.6b | -AU$181,899,210.00 | 65.9x | -90.1x | 6.3x |
| Sun, 06 Oct 2024 | AU$16.9b | AU$2.6b | -AU$174,907,698.60 | 63.2x | -96.4x | 6.5x |
| Tue, 03 Sep 2024 | AU$15.2b | AU$2.5b | -AU$169,886,687.60 | 55.5x | -89.7x | 6x |
| Thu, 01 Aug 2024 | AU$16.3b | AU$4.4b | -AU$219,581,152.60 | 38.2x | -74.2x | 3.7x |
| Sat, 29 Jun 2024 | AU$15.2b | AU$4.4b | -AU$215,224,037.50 | 37.4x | -70.6x | 3.5x |
| Mon, 27 May 2024 | AU$15.3b | AU$4.4b | -AU$216,038,782.60 | 32.7x | -70.6x | 3.5x |
| Wed, 24 Apr 2024 | AU$14.7b | AU$4.4b | -AU$220,974,484.80 | 36.4x | -66.3x | 3.3x |
| Fri, 22 Mar 2024 | AU$15.3b | AU$4.4b | -AU$216,877,143.50 | 41x | -70.7x | 3.5x |
| Sun, 18 Feb 2024 | AU$13.4b | AU$4.4b | -AU$455,509,350.00 | 28.7x | -29.4x | 3.1x |
| Tue, 16 Jan 2024 | AU$12.3b | AU$4.4b | -AU$451,232,190.00 | 33.8x | -27.2x | 2.8x |
| Thu, 14 Dec 2023 | AU$11.9b | AU$4.4b | -AU$457,921,057.00 | 33.5x | -25.9x | 2.7x |
| Sat, 11 Nov 2023 | AU$11.5b | AU$4.5b | -AU$468,915,395.00 | 30.3x | -24.5x | 2.5x |
| Mon, 09 Oct 2023 | AU$11.5b | AU$4.5b | -AU$466,540,165.00 | 29.1x | -24.6x | 2.5x |
| Wed, 06 Sep 2023 | AU$12.3b | AU$4.5b | -AU$467,777,796.00 | 22.6x | -26.3x | 2.7x |
| Fri, 04 Aug 2023 | AU$12.0b | AU$4.3b | -AU$459,100,415.00 | 25.9x | -26x | 2.8x |
| Sun, 02 Jul 2023 | AU$9.6b | AU$3.9b | -AU$464,320,059.00 | 17.5x | -20.8x | 2.5x |
| Tue, 30 May 2023 | AU$9.5b | AU$3.9b | -AU$471,245,109.00 | 17.8x | -20.2x | 2.4x |
| Thu, 27 Apr 2023 | AU$8.0b | AU$3.9b | -AU$470,061,409.00 | 24.9x | -17.1x | 2.1x |
| Sat, 25 Mar 2023 | AU$7.3b | AU$3.9b | -AU$468,755,115.00 | 22.7x | -15.5x | 1.9x |
| Mon, 20 Feb 2023 | AU$24.5b | AU$10.1b | AU$111.3m | 25x | 220.4x | 2.4x |
| Wed, 18 Jan 2023 | AU$24.2b | AU$9.4b | -AU$71,042,157.00 | 32.7x | -340.2x | 2.6x |
Price to Earnings Ratio
-340.2x
Current Industry PE
- Investors are optimistic on the Australian IT industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 4.1x is lower than the industry's current PS ratio of 5.1x.
Past Earnings Growth
- The earnings for companies in the IT industry have deteriorated over the last three years.
- Revenues have also declined 33% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Trends
Which industries have driven the changes within the Australian Tech industry?
| AU Market | 0.16% | |
| Tech | 0.36% | |
| IT | 0.97% | |
| IT Consulting | 3.87% | |
| Internet Services and Infrastructure | 0.45% | |
| Data Processing Services | -1.20% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 23.8x.
- Analysts are expecting annual earnings growth of 20.9%, which is lower than the prior year's growth of 27.9% per year.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 21% over the next 5 years.
- However this is lower than its past earnings growth rate of 28% per year.
- In contrast, the Data Processing Services industry is expected to see its earnings grow by 7.4% 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 | |
|---|---|---|---|---|---|
| DTL Data#3 | AU$9.58 | 6.0% +AU$83.7m | 50.4% | PE30.8x | |
| WRK Wrkr | AU$0.15 | 15.4% +AU$38.0m | 172.7% | PS35.7x | |
| APX Appen | AU$0.96 | 11.6% +AU$26.6m | -65.5% | PS0.8x | |
| MAQ Macquarie Technology Group | AU$69.05 | 0.9% +AU$16.5m | -22.0% | PE51.1x | |
| AI1 Adisyn | AU$0.065 | 1.6% +AU$7.8m | -13.3% | PS15.6x |
