Australian (ASX) IT Consulting Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 15 May 2026	AU$1.9b	AU$1.8b	AU$15.7m	35.3x	123.8x	1.1x
Sun, 12 Apr 2026	AU$1.8b	AU$1.8b	AU$15.0m	35.5x	122x	1x
Tue, 10 Mar 2026	AU$2.0b	AU$1.8b	AU$14.7m	36.3x	134.8x	1.1x
Thu, 05 Feb 2026	AU$2.5b	AU$1.7b	AU$24.8m	39.5x	99.9x	1.4x
Sat, 03 Jan 2026	AU$2.2b	AU$1.7b	AU$23.3m	36.5x	95.4x	1.3x
Mon, 01 Dec 2025	AU$2.2b	AU$1.7b	AU$22.6m	36.5x	97.9x	1.3x
Wed, 29 Oct 2025	AU$2.3b	AU$1.7b	AU$22.6m	35.7x	100x	1.3x
Fri, 26 Sep 2025	AU$2.3b	AU$1.7b	AU$22.8m	33.4x	99.8x	1.3x
Sun, 24 Aug 2025	AU$2.1b	AU$1.7b	AU$20.1m	28.1x	103x	1.2x
Tue, 22 Jul 2025	AU$2.1b	AU$1.7b	AU$20.3m	30.2x	104.9x	1.2x
Thu, 19 Jun 2025	AU$2.0b	AU$1.7b	AU$18.1m	28.9x	107.7x	1.2x
Sat, 17 May 2025	AU$2.2b	AU$1.7b	AU$17.8m	31.8x	122x	1.3x
Mon, 14 Apr 2025	AU$1.9b	AU$1.7b	AU$17.2m	27x	109.9x	1.1x
Wed, 12 Mar 2025	AU$2.0b	AU$1.7b	AU$17.2m	28.3x	118.6x	1.2x
Fri, 07 Feb 2025	AU$2.5b	AU$1.7b	-AU$106,312,522.10	66.4x	-23.1x	1.5x
Sun, 05 Jan 2025	AU$2.2b	AU$1.6b	-AU$96,903,530.40	57.2x	-22.5x	1.4x
Tue, 03 Dec 2024	AU$2.3b	AU$1.5b	-AU$90,630,606.60	57x	-25.3x	1.5x
Thu, 31 Oct 2024	AU$2.2b	AU$1.5b	-AU$88,789,438.70	54.9x	-24.4x	1.4x
Sat, 28 Sep 2024	AU$2.0b	AU$1.5b	-AU$82,171,322.00	47.7x	-24.9x	1.3x
Mon, 26 Aug 2024	AU$1.9b	AU$1.5b	-AU$123,048,742.60	39.1x	-15.4x	1.3x
Wed, 24 Jul 2024	AU$1.7b	AU$3.3b	-AU$128,642,177.80	31.5x	-13.6x	0.5x
Fri, 21 Jun 2024	AU$1.7b	AU$3.3b	-AU$127,402,348.30	28.4x	-13x	0.5x
Sun, 19 May 2024	AU$1.6b	AU$3.3b	-AU$126,776,529.60	28.3x	-12.8x	0.5x
Tue, 16 Apr 2024	AU$1.7b	AU$3.3b	-AU$132,562,400.60	30.2x	-13.1x	0.5x
Thu, 14 Mar 2024	AU$1.9b	AU$3.3b	-AU$128,996,414.80	31.9x	-14.5x	0.6x
Sat, 10 Feb 2024	AU$1.9b	AU$3.3b	-AU$372,366,658.00	33.3x	-5.2x	0.6x
Mon, 08 Jan 2024	AU$1.8b	AU$3.4b	-AU$357,864,014.00	32.9x	-5x	0.5x
Wed, 06 Dec 2023	AU$1.7b	AU$3.5b	-AU$367,419,539.00	32.9x	-4.5x	0.5x
Fri, 03 Nov 2023	AU$1.6b	AU$3.5b	-AU$375,446,180.00	29.9x	-4.2x	0.5x
Sun, 01 Oct 2023	AU$1.6b	AU$3.5b	-AU$376,046,813.00	29.6x	-4.3x	0.5x
Tue, 29 Aug 2023	AU$1.7b	AU$3.5b	-AU$325,254,991.00	23.2x	-5.2x	0.5x
Thu, 27 Jul 2023	AU$1.8b	AU$3.3b	-AU$306,316,021.00	24.1x	-5.9x	0.6x
Sat, 24 Jun 2023	AU$1.8b	AU$3.3b	-AU$310,045,482.00	24.1x	-5.7x	0.5x
Mon, 22 May 2023	AU$1.7b	AU$3.3b	-AU$311,676,871.00	23x	-5.6x	0.5x

Current Industry PE

Investors are optimistic on the Australian IT Consulting and Other Services industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 124x which is higher than its 3-year average PE of 35.9x.

The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.1x.

Past Earnings Growth

Total earnings for the IT Consulting and Other Services industry have gone up over the last three years and the industry is now profitable.
Revenues have declined 18% per year.
This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Australian IT Consulting compare with similar industries?


AU Market	-2.68%
Tech	-5.69%
IT	2.46%
IT Consulting	-1.65%
Internet Services and Infrastructure	3.04%
Data Processing Services	-3.03%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Company	Last Price	7D	1Y	Valuation
ATA Atturra	AU$0.46	8.3% +AU$12.9m	-51.6%	PE189x
KYP Kinatico	AU$0.17	10.0% +AU$6.5m	-15.4%	PE45.3x
STH StepChange Holdings	AU$0.15	7.1% +AU$1.7m	n/a	PS1x

Company

Last Price

Valuation

ATA Atturra

AU$0.46

8.3%
+AU$12.9m

-51.6%

PE189x

KYP Kinatico

AU$0.17

10.0%
+AU$6.5m

-15.4%

PE45.3x

STH StepChange Holdings

AU$0.15

7.1%
+AU$1.7m

n/a

PS1x

Infotrust Ltd (ASX:ITS) completed the acquisition of Catalyst Cyber Pty Ltd.

Infotrust Ltd (ASX:ITS) entered into a share sale agreement to acquire Catalyst Cyber Pty Ltd for AUD 5.8 million on March 18, 2026. The estimated completion consideration for FY26 is approximately AUD 5.75 million, comprising approximately AUD 3.5 million in cash and approximately AUD 1.5 million or 5 million in Infotrust shares. At completion, Infotrust will pay an initial cash amount and issue shares based on an estimated FY26 EBIT, with a subsequent cash and share adjustment payable or refundable following determination of the final FY26 EBIT based on the audited FY26 accounts. Shares issued as part of the completion consideration will be calculated by reference to a 21-day VWAP of AUD 0.55. Half of the consideration shares will be subject to 2-year escrow arrangements. A further portion of the cash consideration is payable on a deferred basis, subject to satisfaction of agreed performance. Additional earnout may be payable based on EBIT growth achieved in FY27 and FY28. This consideration is uncapped and is payable through a combination of cash and Infotrust shares, calculated by applying agreed earnings multiple of 6x incremental EBIT uplift, with Infotrust shares issued in each year subject to escrow arrangements. The acquisition is structured to align consideration with earnings performance and key personnel retention, with completion consideration calculated by reference to a 5x multiple of EBIT and payable as a combination of cash and Infotrust shares. The completion of the transaction is subject to the satisfaction of standard conditions precedent and regulatory approval. Hugh Brolsma and Kimberley Bruce of Clayton Utz acted as legal advisors for Catalyst Cyber Pty Ltd. Infotrust Ltd (ASX:ITS) completed the acquisition of Catalyst Cyber Pty Ltd on April 17, 2026. At completion, Infotrust paid AUD 1.6 million in cash and issued 1.87 million fully paid ordinary shares with the final consideration remaining subject to customary completion adjustments following determination of audited FY26 results.

Australian (ASX) IT Consulting Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

APX: 2026 Earnings Guidance And Benchmark Collaboration Will Support Upside Potential

KYP: Future Returns Should Rise As Slightly Higher Assumptions Support Undervalued Outlook

Pureprofile Ltd to Report Q3, 2026 Results on Apr 23, 2026

Infotrust Ltd (ASX:ITS) completed the acquisition of Catalyst Cyber Pty Ltd.

First half 2026 earnings released: AU$0.011 loss per share (vs AU$0.013 profit in 1H 2025)

StepChange Holdings Limited to Report First Half, 2026 Final Results on Feb 26, 2026

Adneo Limited Announces Changes to Its Board, Effective from January 2, 2026