Little Excitement Around SOCO Corporation Ltd's (ASX:SOC) Revenues
Jan 13
Have your own idea? Try our Stock Screener
Australian (ASX) IT Consulting Industry Analysis
UpdatedJan 30, 2026
DataAggregated Company Financials
Companies9
- 7D3.3%
- 3M10.9%
- 1Y2.2%
- YTDn/a
Over the last 7 days, the IT Consulting industry has remained flat, although notably Appen gained 18%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 21% per annum.
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, 30 Jan 2026 | AU$2.4b | AU$1.7b | AU$24.9m | 38.8x | 97.6x | 1.4x |
| Sun, 28 Dec 2025 | AU$2.2b | AU$1.7b | AU$23.4m | 33.4x | 93.6x | 1.3x |
| Tue, 25 Nov 2025 | AU$2.2b | AU$1.7b | AU$22.1m | 35x | 97.5x | 1.2x |
| Thu, 23 Oct 2025 | AU$2.2b | AU$1.7b | AU$22.3m | 31.9x | 98.2x | 1.3x |
| Sat, 20 Sep 2025 | AU$2.3b | AU$1.7b | AU$22.9m | 32.7x | 99.3x | 1.3x |
| Mon, 18 Aug 2025 | AU$2.1b | AU$1.7b | AU$20.2m | 29x | 102.3x | 1.2x |
| Wed, 16 Jul 2025 | AU$2.1b | AU$1.7b | AU$18.5m | 34.6x | 112.1x | 1.2x |
| Fri, 13 Jun 2025 | AU$2.0b | AU$1.7b | AU$18.3m | 29.5x | 108.4x | 1.2x |
| Sun, 11 May 2025 | AU$2.0b | AU$1.7b | AU$17.8m | 30.9x | 112.6x | 1.2x |
| Tue, 08 Apr 2025 | AU$1.7b | AU$1.7b | AU$15.8m | 24.2x | 107.9x | 1x |
| Thu, 06 Mar 2025 | AU$2.1b | AU$1.7b | AU$17.1m | 29.3x | 125x | 1.3x |
| Sat, 01 Feb 2025 | AU$2.3b | AU$1.6b | -AU$97,023,807.70 | 64.6x | -23.7x | 1.5x |
| Mon, 30 Dec 2024 | AU$2.1b | AU$1.6b | -AU$96,949,790.90 | 58.6x | -22.1x | 1.4x |
| Wed, 27 Nov 2024 | AU$2.2b | AU$1.5b | -AU$90,593,598.20 | 54.3x | -24.7x | 1.4x |
| Fri, 25 Oct 2024 | AU$2.1b | AU$1.5b | -AU$87,096,304.40 | 51.6x | -23.8x | 1.3x |
| Sun, 22 Sep 2024 | AU$2.0b | AU$1.5b | -AU$83,642,405.90 | 48.1x | -24.1x | 1.3x |
| Tue, 20 Aug 2024 | AU$1.9b | AU$3.3b | -AU$126,930,032.30 | 31.3x | -14.8x | 0.6x |
| Thu, 18 Jul 2024 | AU$1.7b | AU$3.3b | -AU$125,572,123.80 | 30.8x | -13.9x | 0.5x |
| Sat, 15 Jun 2024 | AU$1.7b | AU$3.3b | -AU$128,925,567.40 | 29x | -13x | 0.5x |
| Mon, 13 May 2024 | AU$1.6b | AU$3.3b | -AU$129,173,533.30 | 28.7x | -12.6x | 0.5x |
| Wed, 10 Apr 2024 | AU$1.8b | AU$3.3b | -AU$128,713,025.20 | 31.4x | -13.7x | 0.5x |
| Fri, 08 Mar 2024 | AU$1.9b | AU$3.3b | -AU$129,232,572.80 | 32.6x | -14.4x | 0.6x |
| Sun, 04 Feb 2024 | AU$1.9b | AU$3.5b | -AU$370,368,101.00 | 32.9x | -5.3x | 0.6x |
| Tue, 02 Jan 2024 | AU$1.8b | AU$3.4b | -AU$352,158,001.00 | 32.9x | -5.1x | 0.5x |
| Thu, 30 Nov 2023 | AU$1.6b | AU$3.4b | -AU$363,624,631.00 | 32.4x | -4.5x | 0.5x |
| Sat, 28 Oct 2023 | AU$1.6b | AU$3.5b | -AU$381,479,812.00 | 29.7x | -4.1x | 0.5x |
| Mon, 25 Sep 2023 | AU$1.6b | AU$3.5b | -AU$375,200,467.00 | 29.7x | -4.4x | 0.5x |
| Wed, 23 Aug 2023 | AU$1.6b | AU$3.5b | -AU$323,374,581.00 | 23x | -4.9x | 0.5x |
| Fri, 21 Jul 2023 | AU$1.8b | AU$3.3b | -AU$302,204,051.00 | 23.4x | -6.1x | 0.6x |
| Sun, 18 Jun 2023 | AU$1.8b | AU$3.3b | -AU$300,201,607.00 | 24.1x | -6.1x | 0.6x |
| Tue, 16 May 2023 | AU$1.8b | AU$3.3b | -AU$309,740,420.00 | 23.6x | -5.7x | 0.5x |
| Thu, 13 Apr 2023 | AU$1.8b | AU$3.3b | -AU$310,624,972.00 | 24.1x | -5.8x | 0.5x |
| Sat, 11 Mar 2023 | AU$1.8b | AU$3.3b | -AU$315,023,823.00 | 26.1x | -5.8x | 0.6x |
| Mon, 06 Feb 2023 | AU$1.8b | AU$3.1b | AU$60.9m | 19.5x | 30x | 0.6x |
Price to Earnings Ratio
30x
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 95.4x which is higher than its 3-year average PE of 25.0x.
- The 3-year average PS ratio of 0.89x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have declined 26% per year over the last three years,
- Revenues have also declined 18% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Australian IT Consulting compare with similar industries?
| AU Market | 0.64% | |
| Tech | -1.31% | |
| IT | 0.69% | |
| IT Consulting | 3.29% | |
| Internet Services and Infrastructure | 0.21% | |
| Data Processing Services | -3.35% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| APX Appen | AU$1.85 | 55.5% +AU$175.3m | -32.7% | PS1.5x | |
| DTL Data#3 | AU$9.78 | 2.9% +AU$43.4m | 40.5% | PE31.5x | |
| ITS Infotrust | AU$0.52 | 1.0% +AU$950.9k | -4.6% | PS1x | |
| SOC SOCO | AU$0.059 | 11.3% +AU$836.1k | -52.8% | PE120.4x | |
| CGO CPT Global | AU$0.081 | 1.3% +AU$41.9k | 39.7% | PS0.1x |