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Australian (ASX) IT Consulting Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies6
- 7D-3.2%
- 3M-2.6%
- 1Y-38.3%
- YTD-28.9%
Over the last 7 days, the IT Consulting industry has dropped 3.2%, driven by declines from every company within the industry. However, the industry is down 38% over the past year. As for the next few years, earnings are expected to grow by 17% 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 |
|---|---|---|---|---|
| Sat, 28 May 2022 | AU$1.8b | AU$3.0b | AU$72.0m | 23.3x |
| Mon, 25 Apr 2022 | AU$1.9b | AU$3.0b | AU$71.0m | 24.3x |
| Wed, 23 Mar 2022 | AU$2.0b | AU$3.0b | AU$70.2m | 23.2x |
| Fri, 18 Feb 2022 | AU$2.1b | AU$2.8b | AU$74.1m | 25.6x |
| Sun, 16 Jan 2022 | AU$2.3b | AU$2.8b | AU$73.8m | 29.4x |
| Tue, 14 Dec 2021 | AU$2.3b | AU$2.7b | AU$69.6m | 33.2x |
| Thu, 11 Nov 2021 | AU$3.0b | AU$3.0b | AU$86.4m | 33.7x |
| Sat, 09 Oct 2021 | AU$2.7b | AU$3.0b | AU$87.2m | 32x |
| Mon, 06 Sep 2021 | AU$2.9b | AU$3.0b | AU$86.2m | 34.2x |
| Wed, 04 Aug 2021 | AU$3.0b | AU$3.0b | AU$86.2m | 39.1x |
| Sat, 08 May 2021 | AU$3.5b | AU$2.9b | AU$93.2m | 31.6x |
| Tue, 09 Feb 2021 | AU$4.1b | AU$2.8b | AU$100.1m | 22.9x |
| Mon, 02 Nov 2020 | AU$5.4b | AU$2.7b | AU$90.5m | 25.2x |
| Thu, 06 Aug 2020 | AU$5.6b | AU$2.6b | AU$80.2m | 23.6x |
| Sun, 10 May 2020 | AU$4.1b | AU$2.5b | AU$65.3m | 27.1x |
| Sat, 01 Feb 2020 | AU$4.2b | AU$2.4b | AU$39.8m | 47.5x |
| Tue, 05 Nov 2019 | AU$3.7b | AU$2.3b | AU$42.1m | 60.2x |
| Fri, 09 Aug 2019 | AU$4.6b | AU$2.2b | AU$44.3m | 37x |
Median PE Ratio
17.1x
Current Industry PE
- Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 23.3x which is lower than its 3-year average PE of 31.3x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have grown 5.4% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian IT Consulting compare with similar industries?
| AU Market | -1.30% | |
| Tech | -2.07% | |
| IT | -3.80% | |
| IT Consulting | -3.15% | |
| Internet Services and Infrastructure | -0.68% | |
| Data Processing Services | -4.99% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||