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Australian (ASX) IT Industry Analysis

UpdatedAug 20, 2025
DataAggregated Company Financials
Companies20
  • 7D-0.3%
  • 3M10.4%
  • 1Y-10.3%
  • YTD1.0%

The IT industry has stayed flat over the last week. Unfortunately though, the industry is down 10% over the past 12 months. Earnings are forecast to grow by 1.4% annually.

Industry Valuation and Performance

Has the Australian IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Aug 2025AU$16.0bAU$2.8b-AU$87,925,107.1034.4x-182x5.6x
Sat, 19 Jul 2025AU$15.8bAU$2.8b-AU$87,769,036.9033.9x-179.9x5.6x
Mon, 16 Jun 2025AU$15.0bAU$2.8b-AU$89,931,099.0039.6x-167.1x5.4x
Wed, 14 May 2025AU$14.9bAU$2.8b-AU$90,315,271.8046x-164.5x5.3x
Fri, 11 Apr 2025AU$12.4bAU$2.8b-AU$91,493,801.9034.9x-135.5x4.4x
Sun, 09 Mar 2025AU$14.4bAU$2.8b-AU$90,825,501.3038.9x-158.5x5.1x
Tue, 04 Feb 2025AU$15.9bAU$2.8b-AU$202,530,999.0078.8x-78.5x5.8x
Thu, 02 Jan 2025AU$15.6bAU$2.6b-AU$191,882,225.9074.7x-81.2x5.9x
Sat, 30 Nov 2024AU$16.6bAU$2.6b-AU$184,545,310.6073.2x-89.8x6.3x
Mon, 28 Oct 2024AU$15.8bAU$2.6b-AU$182,491,344.4063.9x-86.4x6.1x
Wed, 25 Sep 2024AU$16.4bAU$2.6b-AU$168,382,743.5062.3x-97.3x6.3x
Fri, 23 Aug 2024AU$16.5bAU$2.6b-AU$212,074,837.6053.6x-77.7x6.4x
Sun, 21 Jul 2024AU$16.4bAU$4.4b-AU$214,633,642.5040.3x-76.3x3.7x
Tue, 18 Jun 2024AU$15.4bAU$4.4b-AU$216,640,985.5033.2x-70.9x3.5x
Thu, 16 May 2024AU$15.3bAU$4.4b-AU$215,802,624.6035.1x-70.9x3.5x
Sat, 13 Apr 2024AU$14.8bAU$4.4b-AU$219,829,118.5046.9x-67.5x3.4x
Mon, 11 Mar 2024AU$15.4bAU$4.4b-AU$216,263,132.7038.2x-71.2x3.5x
Wed, 07 Feb 2024AU$13.2bAU$4.3b-AU$462,188,977.5040.3x-28.7x3.1x
Fri, 05 Jan 2024AU$12.0bAU$4.4b-AU$447,218,869.0033.9x-26.8x2.7x
Sun, 03 Dec 2023AU$11.8bAU$4.4b-AU$450,658,858.0032.9x-26.2x2.7x
Tue, 31 Oct 2023AU$10.9bAU$4.5b-AU$467,359,210.0029.8x-23.4x2.4x
Thu, 28 Sep 2023AU$11.6bAU$4.5b-AU$467,586,686.0029.6x-24.9x2.6x
Sat, 26 Aug 2023AU$12.5bAU$4.5b-AU$429,450,932.0023.2x-29.2x2.8x
Mon, 24 Jul 2023AU$10.2bAU$3.9b-AU$460,241,223.0018.8x-22.2x2.6x
Wed, 21 Jun 2023AU$10.0bAU$3.9b-AU$456,535,613.0017.9x-21.9x2.6x
Fri, 19 May 2023AU$8.2bAU$3.9b-AU$464,926,911.0016.8x-17.6x2.1x
Sun, 16 Apr 2023AU$8.3bAU$3.9b-AU$464,569,642.0024.4x-17.9x2.1x
Tue, 14 Mar 2023AU$23.9bAU$10.3b-AU$623,656,818.0026.1x-38.4x2.3x
Thu, 09 Feb 2023AU$25.0bAU$9.3b-AU$28,069,355.0025.3x-891.6x2.7x
Sat, 07 Jan 2023AU$24.8bAU$9.4b-AU$68,764,930.0032.5x-360.3x2.6x
Mon, 05 Dec 2022AU$26.8bAU$9.5b-AU$68,791,320.0034.8x-390x2.8x
Wed, 02 Nov 2022AU$25.3bAU$9.5bAU$38.5m39x656.3x2.6x
Fri, 30 Sep 2022AU$24.8bAU$9.5bAU$36.2m37.2x684.7x2.6x
Sun, 28 Aug 2022AU$26.6bAU$9.1b-AU$181,459,411.0031.5x-146.5x2.9x
Price to Earnings Ratio

-146.5x


Total Market Cap: AU$26.6bTotal Earnings: -AU$181,459,411.00Total Revenue: AU$9.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian IT Industry Price to Earnings3Y Average -51x202320242025
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 3.8x is lower than the industry's current PS ratio of 5.6x.
Past Earnings Growth
  • The earnings for companies in the IT industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 32% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Trends

Which industries have driven the changes within the Australian Tech industry?

AU Market0.32%
Tech0.55%
IT-0.30%
IT Consulting2.66%
Internet Services and Infrastructure-0.73%
Data Processing Services-6.25%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 14.6x.
    • Analysts are expecting annual earnings growth of 22.2%, which is higher than its past year's earnings decline of 15.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 15% per year.
  • In contrast, the Internet Services and Infrastructure 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
WRK WrkrAU$0.120%
AU$19.2m
283.3%PS26.6x
AI1 AdisynAU$0.076.1%
+AU$2.9m
133.3%PS9.4x
CYB AUCyberAU$0.081.3%
+AU$208.7k
-71.9%PS0.9x

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