Have your own idea? Try our Stock Screener
Australian (ASX) IT Industry Analysis
UpdatedDec 13, 2025
DataAggregated Company Financials
Companies20
- 7D-1.8%
- 3M-15.8%
- 1Y-6.8%
- YTD-4.6%
Over the last 7 days, the IT industry has dropped 1.8%, driven by a pullback from NEXTDC of 2.5%. The industry has fallen 6.8% in the last year. As for the next few years, earnings are expected to grow by 12% 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 |
|---|---|---|---|---|---|---|
| Sat, 13 Dec 2025 | AU$15.2b | AU$2.9b | -AU$100,060,020.50 | 41.1x | -152.1x | 5.3x |
| Mon, 10 Nov 2025 | AU$16.4b | AU$2.9b | -AU$100,897,109.60 | 41.3x | -162.5x | 5.7x |
| Wed, 08 Oct 2025 | AU$17.8b | AU$2.9b | -AU$100,400,020.70 | 41.1x | -177x | 6.1x |
| Fri, 05 Sep 2025 | AU$16.7b | AU$2.9b | -AU$83,207,555.20 | 37.7x | -201x | 5.8x |
| Sun, 03 Aug 2025 | AU$15.7b | AU$2.8b | -AU$88,079,176.40 | 33.3x | -178.6x | 5.5x |
| Tue, 01 Jul 2025 | AU$15.7b | AU$2.8b | -AU$89,755,019.80 | 36.1x | -174.9x | 5.6x |
| Thu, 29 May 2025 | AU$14.6b | AU$2.8b | -AU$90,187,214.20 | 36.1x | -162x | 5.2x |
| Sat, 26 Apr 2025 | AU$12.6b | AU$2.8b | -AU$90,407,313.20 | 41.4x | -138.8x | 4.5x |
| Mon, 24 Mar 2025 | AU$14.1b | AU$2.8b | -AU$91,003,581.40 | 39x | -155x | 5x |
| Wed, 19 Feb 2025 | AU$16.0b | AU$2.8b | -AU$207,921,365.10 | 79.7x | -76.8x | 5.8x |
| Fri, 17 Jan 2025 | AU$15.3b | AU$2.6b | -AU$191,632,419.20 | 70.7x | -79.9x | 5.8x |
| Sun, 15 Dec 2024 | AU$16.0b | AU$2.6b | -AU$187,922,327.10 | 73.4x | -84.9x | 6.1x |
| Tue, 12 Nov 2024 | AU$17.0b | AU$2.6b | -AU$182,870,680.50 | 65.7x | -92.7x | 6.5x |
| Thu, 10 Oct 2024 | AU$17.0b | AU$2.6b | -AU$176,240,001.00 | 63.6x | -96.4x | 6.6x |
| Sat, 07 Sep 2024 | AU$15.8b | AU$2.6b | -AU$170,603,077.50 | 63.2x | -92.7x | 6.1x |
| Mon, 05 Aug 2024 | AU$16.3b | AU$4.4b | -AU$219,014,373.40 | 38x | -74.6x | 3.7x |
| Wed, 03 Jul 2024 | AU$14.9b | AU$4.4b | -AU$215,460,195.50 | 37.2x | -69.2x | 3.4x |
| Fri, 31 May 2024 | AU$15.2b | AU$4.4b | -AU$215,731,777.20 | 33.3x | -70.4x | 3.5x |
| Sun, 28 Apr 2024 | AU$14.5b | AU$4.4b | -AU$218,636,520.60 | 37.6x | -66.4x | 3.3x |
| Tue, 26 Mar 2024 | AU$15.3b | AU$4.4b | -AU$218,884,486.50 | 40.7x | -69.9x | 3.5x |
| Thu, 22 Feb 2024 | AU$13.3b | AU$4.4b | -AU$434,989,363.00 | 29.4x | -30.6x | 3x |
| Sat, 20 Jan 2024 | AU$12.4b | AU$4.4b | -AU$455,218,209.00 | 35.5x | -27.3x | 2.8x |
| Mon, 18 Dec 2023 | AU$12.1b | AU$4.4b | -AU$448,802,356.00 | 33.8x | -26.9x | 2.7x |
| Wed, 15 Nov 2023 | AU$11.6b | AU$4.5b | -AU$467,768,732.00 | 30.9x | -24.8x | 2.6x |
| Fri, 13 Oct 2023 | AU$12.1b | AU$4.5b | -AU$465,366,200.00 | 30.5x | -26x | 2.7x |
| Sun, 10 Sep 2023 | AU$12.0b | AU$4.5b | -AU$467,231,766.00 | 22.1x | -25.8x | 2.7x |
| Tue, 08 Aug 2023 | AU$12.0b | AU$4.3b | -AU$459,141,696.00 | 25.2x | -26.2x | 2.8x |
| Thu, 06 Jul 2023 | AU$9.7b | AU$3.9b | -AU$464,266,742.00 | 18x | -20.8x | 2.5x |
| Sat, 03 Jun 2023 | AU$9.6b | AU$3.9b | -AU$466,126,569.00 | 17.9x | -20.7x | 2.5x |
| Mon, 01 May 2023 | AU$8.3b | AU$3.9b | -AU$469,981,431.00 | 24x | -17.6x | 2.1x |
| Wed, 29 Mar 2023 | AU$7.3b | AU$3.9b | -AU$466,435,776.00 | 22.9x | -15.6x | 1.9x |
| Fri, 24 Feb 2023 | AU$24.4b | AU$10.1b | -AU$8,429,689.00 | 25.2x | -2896.4x | 2.4x |
| Sun, 22 Jan 2023 | AU$24.2b | AU$9.4b | -AU$71,988,489.00 | 33.3x | -336.5x | 2.6x |
| Tue, 20 Dec 2022 | AU$26.0b | AU$9.5b | -AU$66,893,267.00 | 34.5x | -389x | 2.7x |
Price to Earnings Ratio
-389x
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 5.3x.
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 | 0.57% | |
| Tech | -3.91% | |
| IT | -1.77% | |
| Internet Services and Infrastructure | -1.75% | |
| IT Consulting | -1.86% | |
| Data Processing Services | -3.12% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 22.1x.
- Analysts are expecting annual earnings growth of 19.2%, 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 19% 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 6.9% 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 | |
|---|---|---|---|---|---|
| MAQ Macquarie Technology Group | AU$63.90 | 1.8% +AU$29.1m | -26.2% | PE47.3x | |
| DTL Data#3 | AU$9.20 | 0.2% +AU$3.1m | 24.2% | PE29.6x | |
| PPL Pureprofile | AU$0.046 | 4.5% +AU$2.3m | 35.3% | PE35x | |
| KYP Kinatico | AU$0.29 | 1.7% +AU$2.2m | 107.0% | PE113x | |
| FCT FirstWave Cloud Technology | AU$0.009 | 12.5% +AU$1.9m | -59.1% | PS2x |
