Kinatico Ltd (ASX:KYP) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely
Jan 19
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Australian (ASX) IT Industry Analysis
UpdatedJan 21, 2026
DataAggregated Company Financials
Companies19
- 7D2.4%
- 3M-12.9%
- 1Y-8.1%
- YTD3.8%
The IT industry is up 2.4% in the last week, with NEXTDC up 5.6%. Meanwhile, Kinatico actually underperformed within the industry, shrinking 21% in the last week. However, the industry is down 8.1% over the past year. Earnings are forecast to grow by 10% 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 |
|---|---|---|---|---|---|---|
| Wed, 21 Jan 2026 | AU$15.2b | AU$2.9b | -AU$99,435,963.70 | 43.9x | -152.5x | 5.3x |
| Fri, 19 Dec 2025 | AU$14.2b | AU$2.9b | -AU$100,333,311.80 | 40.9x | -141.3x | 4.9x |
| Sun, 16 Nov 2025 | AU$15.3b | AU$2.9b | -AU$100,692,679.10 | 42.4x | -151.6x | 5.3x |
| Tue, 14 Oct 2025 | AU$16.8b | AU$2.9b | -AU$100,765,843.70 | 40.5x | -167.1x | 5.8x |
| Thu, 11 Sep 2025 | AU$17.6b | AU$2.9b | -AU$82,779,327.10 | 39.2x | -213.1x | 6.1x |
| Sat, 09 Aug 2025 | AU$16.0b | AU$2.8b | -AU$87,757,031.50 | 31.9x | -181.9x | 5.6x |
| Mon, 07 Jul 2025 | AU$15.2b | AU$2.8b | -AU$89,664,979.30 | 36.1x | -169.7x | 5.5x |
| Wed, 04 Jun 2025 | AU$14.4b | AU$2.8b | -AU$90,105,177.30 | 39.6x | -160.3x | 5.2x |
| Fri, 02 May 2025 | AU$13.6b | AU$2.8b | -AU$90,521,364.50 | 43.5x | -150.8x | 4.9x |
| Sun, 30 Mar 2025 | AU$13.0b | AU$2.8b | -AU$90,915,541.80 | 34.9x | -143x | 4.6x |
| Tue, 25 Feb 2025 | AU$15.8b | AU$2.8b | -AU$209,098,368.50 | 73.8x | -75.6x | 5.7x |
| Thu, 23 Jan 2025 | AU$16.3b | AU$2.6b | -AU$189,633,965.60 | 79x | -86x | 6.2x |
| Sat, 21 Dec 2024 | AU$15.3b | AU$2.6b | -AU$190,966,268.00 | 71.6x | -80.3x | 5.8x |
| Mon, 18 Nov 2024 | AU$17.0b | AU$2.6b | -AU$185,683,318.90 | 70.1x | -91.6x | 6.5x |
| Wed, 16 Oct 2024 | AU$17.2b | AU$2.6b | -AU$180,270,840.40 | 69.5x | -95.4x | 6.6x |
| Fri, 13 Sep 2024 | AU$15.6b | AU$2.6b | -AU$171,704,247.40 | 62.2x | -91x | 6x |
| Sun, 11 Aug 2024 | AU$15.3b | AU$4.4b | -AU$217,479,346.40 | 41x | -70.4x | 3.5x |
| Tue, 09 Jul 2024 | AU$15.4b | AU$4.4b | -AU$213,204,886.60 | 37x | -72.4x | 3.5x |
| Thu, 06 Jun 2024 | AU$15.3b | AU$4.4b | -AU$215,672,737.70 | 33.7x | -71.1x | 3.5x |
| Sat, 04 May 2024 | AU$14.5b | AU$4.4b | -AU$217,302,227.90 | 35.3x | -66.9x | 3.3x |
| Mon, 01 Apr 2024 | AU$15.5b | AU$4.4b | -AU$219,014,373.40 | 39.2x | -70.6x | 3.5x |
| Wed, 28 Feb 2024 | AU$13.6b | AU$4.3b | -AU$206,292,432.10 | 41x | -66.1x | 3.2x |
| Fri, 26 Jan 2024 | AU$12.4b | AU$4.4b | -AU$455,682,334.00 | 35.7x | -27.3x | 2.8x |
| Sun, 24 Dec 2023 | AU$11.9b | AU$4.4b | -AU$443,014,438.00 | 33.8x | -27x | 2.7x |
| Tue, 21 Nov 2023 | AU$11.9b | AU$4.5b | -AU$455,674,168.00 | 31.8x | -26x | 2.6x |
| Thu, 19 Oct 2023 | AU$11.6b | AU$4.5b | -AU$467,632,225.00 | 29.4x | -24.9x | 2.6x |
| Sat, 16 Sep 2023 | AU$11.8b | AU$4.5b | -AU$462,713,368.00 | 28.6x | -25.6x | 2.6x |
| Mon, 14 Aug 2023 | AU$12.2b | AU$4.3b | -AU$463,087,239.00 | 25.2x | -26.3x | 2.9x |
| Wed, 12 Jul 2023 | AU$9.9b | AU$3.9b | -AU$463,946,833.00 | 19.1x | -21.4x | 2.5x |
| Fri, 09 Jun 2023 | AU$9.3b | AU$3.9b | -AU$462,820,845.00 | 18.6x | -20.1x | 2.4x |
| Sun, 07 May 2023 | AU$8.2b | AU$3.9b | -AU$462,090,349.00 | 24.1x | -17.8x | 2.1x |
| Tue, 04 Apr 2023 | AU$7.6b | AU$3.9b | -AU$463,423,302.00 | 24.2x | -16.5x | 2x |
| Thu, 02 Mar 2023 | AU$25.0b | AU$10.2b | -AU$629,546,715.00 | 25.9x | -39.7x | 2.4x |
| Sat, 28 Jan 2023 | AU$24.4b | AU$9.3b | -AU$75,065,839.00 | 34.4x | -324.5x | 2.6x |
Price to Earnings Ratio
-324.5x
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 4.2x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
- The earnings for companies in the IT industry have deteriorated over the last three years.
- Revenues have also declined 32% 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 | 0.069% | |
| Tech | -2.92% | |
| IT | 2.44% | |
| Internet Services and Infrastructure | 3.17% | |
| Data Processing Services | 2.27% | |
| IT Consulting | -1.42% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 24.4x.
- Analysts are expecting annual earnings growth of 21.0%, 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 7.5% 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 | |
|---|---|---|---|---|---|
| NXT NEXTDC | AU$12.94 | 2.9% +AU$230.7m | -19.6% | PS19.4x | |
| APX Appen | AU$1.08 | 4.4% +AU$12.0m | -57.2% | PS0.9x | |
| DTL Data#3 | AU$9.86 | 0.7% +AU$10.9m | 46.5% | PE31.7x | |
| MAQ Macquarie Technology Group | AU$69.24 | 0.2% +AU$3.4m | -19.0% | PE51.2x | |
| SPX Spenda | AU$0.003 | 20.0% +AU$2.7m | -70.0% | PS1.5x |
