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Australian (ASX) IT Consulting Industry Analysis

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies9
  • 7D-5.6%
  • 3M-19.8%
  • 1Y-5.1%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 5.6%, driven by a pullback from Appen of 11%. On the other hand StepChange Holdings is actually up 13%. The industry has fallen 5.1% in the last year. Looking forward, earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Apr 2026AU$1.8bAU$1.8bAU$14.1m31.4x126.9x1x
Sun, 01 Mar 2026AU$2.0bAU$1.8bAU$18.2m49.4x112.4x1.1x
Tue, 27 Jan 2026AU$2.3bAU$1.7bAU$24.4m41.8x96.4x1.4x
Thu, 25 Dec 2025AU$2.2bAU$1.7bAU$23.4m33.4x93.5x1.3x
Sat, 22 Nov 2025AU$2.1bAU$1.7bAU$22.0m35.7x96.9x1.2x
Mon, 20 Oct 2025AU$2.2bAU$1.7bAU$22.4m31.2x97.2x1.3x
Wed, 17 Sep 2025AU$2.3bAU$1.7bAU$23.2m31.3x99.7x1.3x
Fri, 15 Aug 2025AU$2.1bAU$1.7bAU$20.3m28.2x101.5x1.2x
Sun, 13 Jul 2025AU$2.1bAU$1.7bAU$18.5m33.1x110.8x1.2x
Tue, 10 Jun 2025AU$2.0bAU$1.7bAU$18.3m30.9x108.9x1.2x
Thu, 08 May 2025AU$1.9bAU$1.7bAU$18.1m30.9x106.5x1.1x
Sat, 05 Apr 2025AU$1.8bAU$1.7bAU$16.4m26.2x109x1x
Mon, 03 Mar 2025AU$2.1bAU$1.7bAU$16.7m30.3x126.4x1.2x
Wed, 29 Jan 2025AU$2.2bAU$1.6b-AU$96,191,118.7064.6x-23.3x1.4x
Fri, 27 Dec 2024AU$2.0bAU$1.6b-AU$96,496,438.0058.3x-21.1x1.3x
Sun, 24 Nov 2024AU$2.2bAU$1.5b-AU$90,464,068.8053.1x-24.5x1.4x
Tue, 22 Oct 2024AU$2.1bAU$1.5b-AU$86,559,682.6052.4x-24.3x1.4x
Thu, 19 Sep 2024AU$2.0bAU$1.5b-AU$84,077,254.6046.7x-23.2x1.3x
Sat, 17 Aug 2024AU$1.9bAU$3.3b-AU$128,406,019.8030.5x-14.6x0.6x
Mon, 15 Jul 2024AU$1.7bAU$3.3b-AU$124,473,989.1028.6x-13.3x0.5x
Wed, 12 Jun 2024AU$1.7bAU$3.3b-AU$129,350,651.8028.8x-13.1x0.5x
Fri, 10 May 2024AU$1.6bAU$3.3b-AU$129,988,278.4028.7x-12.5x0.5x
Sun, 07 Apr 2024AU$1.7bAU$3.3b-AU$129,882,007.3030.7x-13.3x0.5x
Tue, 05 Mar 2024AU$1.8bAU$3.3b-AU$131,464,265.9031.8x-13.4x0.5x
Thu, 01 Feb 2024AU$2.0bAU$3.5b-AU$366,272,876.0032.9x-5.4x0.6x
Sat, 30 Dec 2023AU$1.8bAU$3.4b-AU$352,840,538.0032.9x-5x0.5x
Mon, 27 Nov 2023AU$1.6bAU$3.5b-AU$365,699,545.0032.3x-4.4x0.5x
Wed, 25 Oct 2023AU$1.6bAU$3.5b-AU$380,851,877.0029.6x-4.1x0.5x
Fri, 22 Sep 2023AU$1.6bAU$3.5b-AU$377,357,285.0030x-4.3x0.5x
Sun, 20 Aug 2023AU$1.9bAU$3.3b-AU$327,776,447.0024.3x-5.7x0.6x
Tue, 18 Jul 2023AU$1.8bAU$3.3b-AU$303,495,018.0023.6x-6.1x0.6x
Thu, 15 Jun 2023AU$1.9bAU$3.3b-AU$304,241,856.0024.2x-6.1x0.6x
Sat, 13 May 2023AU$1.7bAU$3.3b-AU$309,788,234.0023.6x-5.6x0.5x
Mon, 10 Apr 2023AU$1.8bAU$3.3b-AU$310,840,133.0024.1x-5.8x0.6x
Price to Earnings Ratio

-5.8x


Total Market Cap: AU$1.8bTotal Earnings: -AU$310,840,133.00Total Revenue: AU$3.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian IT Consulting Industry Price to Earnings3Y Average 30.8x202420252026
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 127x which is higher than its 3-year average PE of 30.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.93x.
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 Market0.42%
Tech-2.73%
IT-7.28%
IT Consulting-5.64%
Data Processing Services1.07%
Internet Services and Infrastructure-7.56%
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?

CompanyLast Price7D1YValuation
STH StepChange HoldingsAU$0.1313.0%
+AU$2.5m		n/aPS0.9x
PPL PureprofileAU$0.0382.7%
+AU$1.2m		11.8%PE24.3x
AD1 AdNeoAU$0.033.4%
+AU$380.5k		-45.5%PS1.6x

Latest News

ITS
AU$0.45
Infotrust
7D
-4.3%
1Y
-2.2%
DTL
AU$6.57
Data#3
7D
-1.8%
1Y
-3.7%

DTL: Fully Franked Interim Dividend Will Support Positive Forward Outlook

Analysts have nudged their price target on Data#3 slightly lower to A$8.34 from A$8.35, reflecting small adjustments to assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Declared an ordinary fully franked interim dividend of A$0.135 per share for the six months to December 31, 2025, providing investors with clarity on upcoming income.
APX
AU$1.39
Appen
7D
-3.8%
1Y
61.6%

APX: Fiscal 2026 Guidance And Margin Outlook Will Support Long Term Upside

Analysts have lifted their price target for Appen to A$2.35, reflecting updated assumptions around slightly higher revenue growth, a modestly better profit margin and a lower future P/E multiple, offset by a marginally reduced discount rate. What's in the News Appen released group earnings guidance for fiscal 2026, giving investors a clearer view of management expectations for the medium term (company guidance).
KYP
AU$0.14
Kinatico
7D
-6.7%
1Y
-15.2%

KYP: Future Returns Should Rise As Refined Assumptions Support Undervalued Outlook

Analysts have maintained Kinatico's fair value at A$0.43, with only slight adjustments to the discount rate, revenue growth, profit margin assumptions and future P/E. This reflects fine tuning of their models rather than a material change in conviction.
PPL
AU$0.038
Pureprofile
7D
2.7%
1Y
11.8%
ATA
AU$0.46
Atturra
7D
-16.5%
1Y
-41.3%
STH
AU$0.13
StepChange Holdings
7D
13.0%
1Y
n/a
AD1
AU$0.03
AdNeo
7D
3.4%
1Y
-45.5%