Have your own idea? Try our Stock Screener
Australian (ASX) IT Industry Analysis
UpdatedJan 14, 2026
DataAggregated Company Financials
Companies19
- 7D1.9%
- 3M-13.2%
- 1Y-5.7%
- YTD1.3%
Over the last 7 days, the IT industry has risen 1.9%, and Wrkr contributed the most with a gain of 22%. In the past year, the industry is down 5.7%. As for the next few years, earnings are expected to grow by 11% per annum.
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, 14 Jan 2026 | AU$14.8b | AU$2.9b | -AU$99,599,508.10 | 44.1x | -148.6x | 5.1x |
| Fri, 12 Dec 2025 | AU$15.3b | AU$2.9b | -AU$100,096,602.80 | 41.1x | -152.8x | 5.3x |
| Sun, 09 Nov 2025 | AU$16.4b | AU$2.9b | -AU$100,897,109.60 | 41.3x | -162.5x | 5.7x |
| Tue, 07 Oct 2025 | AU$17.8b | AU$2.9b | -AU$100,393,565.00 | 41.3x | -177.7x | 6.2x |
| Thu, 04 Sep 2025 | AU$17.1b | AU$2.9b | -AU$83,160,213.40 | 37.6x | -205.6x | 5.9x |
| Sat, 02 Aug 2025 | AU$15.7b | AU$2.8b | -AU$88,233,245.70 | 33.3x | -178.3x | 5.5x |
| Mon, 30 Jun 2025 | AU$15.4b | AU$2.8b | -AU$89,783,032.40 | 36.1x | -171.9x | 5.5x |
| Wed, 28 May 2025 | AU$14.3b | AU$2.8b | -AU$90,167,205.20 | 36.1x | -158.6x | 5.1x |
| Fri, 25 Apr 2025 | AU$12.6b | AU$2.8b | -AU$90,451,333.00 | 41.4x | -138.8x | 4.5x |
| Sun, 23 Mar 2025 | AU$14.1b | AU$2.8b | -AU$91,003,581.40 | 39x | -155x | 5x |
| Tue, 18 Feb 2025 | AU$16.0b | AU$2.7b | -AU$198,256,528.80 | 79.4x | -80.6x | 5.8x |
| Thu, 16 Jan 2025 | AU$15.3b | AU$2.6b | -AU$191,539,898.20 | 69.2x | -79.9x | 5.8x |
| Sat, 14 Dec 2024 | AU$16.0b | AU$2.6b | -AU$187,598,503.60 | 73.4x | -85x | 6.1x |
| Mon, 11 Nov 2024 | AU$16.8b | AU$2.6b | -AU$182,953,949.40 | 66.3x | -91.7x | 6.4x |
| Wed, 09 Oct 2024 | AU$16.8b | AU$2.6b | -AU$176,240,001.00 | 63x | -95.4x | 6.5x |
| Fri, 06 Sep 2024 | AU$15.7b | AU$2.6b | -AU$170,788,119.50 | 61.8x | -92x | 6.1x |
| Sun, 04 Aug 2024 | AU$16.3b | AU$4.4b | -AU$219,014,373.40 | 38x | -74.6x | 3.7x |
| Tue, 02 Jul 2024 | AU$14.9b | AU$4.4b | -AU$214,834,376.80 | 36.9x | -69.6x | 3.4x |
| Thu, 30 May 2024 | AU$15.2b | AU$4.4b | -AU$215,861,664.10 | 32.9x | -70.3x | 3.5x |
| Sat, 27 Apr 2024 | AU$14.5b | AU$4.4b | -AU$218,671,944.30 | 37.6x | -66.3x | 3.3x |
| Mon, 25 Mar 2024 | AU$15.3b | AU$4.4b | -AU$219,238,723.50 | 40.8x | -69.7x | 3.5x |
| Wed, 21 Feb 2024 | AU$13.5b | AU$4.4b | -AU$455,700,460.50 | 29.4x | -29.7x | 3.1x |
| Fri, 19 Jan 2024 | AU$12.3b | AU$4.4b | -AU$457,129,314.00 | 35x | -26.8x | 2.8x |
| Sun, 17 Dec 2023 | AU$12.1b | AU$4.4b | -AU$448,802,356.00 | 33.8x | -26.9x | 2.7x |
| Tue, 14 Nov 2023 | AU$11.5b | AU$4.5b | -AU$467,386,511.00 | 30.4x | -24.6x | 2.5x |
| Thu, 12 Oct 2023 | AU$12.0b | AU$4.5b | -AU$464,547,155.00 | 29.8x | -25.8x | 2.7x |
| Sat, 09 Sep 2023 | AU$12.0b | AU$4.5b | -AU$465,730,184.00 | 22.1x | -25.8x | 2.7x |
| Mon, 07 Aug 2023 | AU$12.0b | AU$4.3b | -AU$458,661,834.00 | 24.9x | -26.3x | 2.8x |
| Wed, 05 Jul 2023 | AU$9.6b | AU$3.9b | -AU$462,960,447.00 | 18x | -20.8x | 2.5x |
| Fri, 02 Jun 2023 | AU$9.5b | AU$3.9b | -AU$472,498,085.00 | 17.9x | -20.1x | 2.4x |
| Sun, 30 Apr 2023 | AU$8.3b | AU$3.9b | -AU$469,981,431.00 | 24x | -17.6x | 2.1x |
| Tue, 28 Mar 2023 | AU$7.3b | AU$3.9b | -AU$468,755,115.00 | 22.7x | -15.5x | 1.9x |
| Thu, 23 Feb 2023 | AU$24.6b | AU$10.1b | -AU$7,998,479.00 | 25.3x | -3070.5x | 2.4x |
| Sat, 21 Jan 2023 | AU$24.2b | AU$9.4b | -AU$70,462,885.00 | 33.3x | -343.8x | 2.6x |
Price to Earnings Ratio
-343.8x
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 | 1.64% | |
| Tech | 2.84% | |
| IT | 1.89% | |
| IT Consulting | 7.06% | |
| Internet Services and Infrastructure | 0.96% | |
| Data Processing Services | -0.21% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 24.0x.
- Analysts are expecting annual earnings growth of 21.5%, 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 | |
|---|---|---|---|---|---|
| WRK Wrkr | AU$0.17 | 22.2% +AU$57.0m | 194.6% | PS39.3x | |
| DTL Data#3 | AU$9.79 | 3.6% +AU$52.7m | 53.0% | PE31.5x | |
| MAQ Macquarie Technology Group | AU$69.11 | 2.6% +AU$44.8m | -18.7% | PE51.1x | |
| APX Appen | AU$1.03 | 17.7% +AU$41.2m | -59.8% | PS0.8x | |
| MP1 Megaport | AU$12.42 | 0.3% +AU$7.1m | 86.8% | PS9.7x |
