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Australian (ASX) IT Consulting Industry Analysis

UpdatedSep 27, 2023
DataAggregated Company Financials
Companies7
  • 7D-0.3%
  • 3M-8.2%
  • 1Y-8.2%
  • YTD-6.7%

The IT Consulting industry has been flat over the last week, but Appen has lost 6.5%. As for the longer term, the industry has declined 7.3% in the last year. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Sep 2023AU$1.6bAU$3.5b-AU$377,684,903.0029.7x-4.3x0.5x
Fri, 25 Aug 2023AU$1.8bAU$3.5b-AU$322,696,963.0023x-5.5x0.5x
Sun, 23 Jul 2023AU$1.8bAU$3.3b-AU$307,869,963.0024.1x-6x0.6x
Tue, 20 Jun 2023AU$1.8bAU$3.3b-AU$301,654,195.0024.1x-6.1x0.6x
Thu, 18 May 2023AU$1.7bAU$3.3b-AU$311,652,964.0022.2x-5.5x0.5x
Sat, 15 Apr 2023AU$1.8bAU$3.3b-AU$304,839,526.0024.4x-6x0.6x
Mon, 13 Mar 2023AU$1.8bAU$3.3b-AU$315,764,934.0026.1x-5.8x0.6x
Wed, 08 Feb 2023AU$1.8bAU$3.1bAU$60.9m18.3x29.7x0.6x
Fri, 06 Jan 2023AU$1.7bAU$3.1bAU$58.0m27.2x29.8x0.6x
Sun, 04 Dec 2022AU$1.7bAU$3.1bAU$56.3m25.3x30.2x0.5x
Tue, 01 Nov 2022AU$1.6bAU$3.2bAU$57.4m22.2x28.3x0.5x
Thu, 29 Sep 2022AU$1.6bAU$3.2bAU$57.3m21x27.8x0.5x
Sat, 27 Aug 2022AU$1.7bAU$3.1bAU$54.9m26.8x30.5x0.5x
Mon, 25 Jul 2022AU$1.9bAU$3.0bAU$72.7m21.3x26.8x0.6x
Wed, 22 Jun 2022AU$1.6bAU$3.0bAU$72.6m21.2x22.6x0.5x
Fri, 20 May 2022AU$1.8bAU$3.0bAU$72.5m23.3x25.4x0.6x
Sun, 17 Apr 2022AU$2.0bAU$3.0bAU$70.2m23.8x27.8x0.7x
Tue, 15 Mar 2022AU$1.9bAU$3.0bAU$70.7m22x27.3x0.6x
Thu, 10 Feb 2022AU$2.1bAU$2.8bAU$74.3m25.6x28.8x0.8x
Sat, 08 Jan 2022AU$2.4bAU$2.8bAU$74.1m29.8x31.8x0.8x
Mon, 06 Dec 2021AU$2.4bAU$2.9bAU$81.0m28.4x29.7x0.8x
Wed, 03 Nov 2021AU$3.1bAU$3.0bAU$86.0m31.7x35.6x1x
Fri, 01 Oct 2021AU$2.6bAU$3.0bAU$87.6m29.1x29.9x0.9x
Sun, 29 Aug 2021AU$2.9bAU$3.0bAU$86.2m33.7x33.5x1x
Mon, 05 Jul 2021AU$3.1bAU$3.0bAU$86.2m41.3x36.5x1.1x
Thu, 08 Apr 2021AU$3.2bAU$2.9bAU$93.2m29x34.8x1.1x
Sun, 10 Jan 2021AU$4.4bAU$2.8bAU$100.1m19.2x44x1.6x
Sat, 03 Oct 2020AU$5.6bAU$2.7bAU$90.5m26.1x62.2x2.1x
Price to Earnings Ratio

62.2x


Total Market Cap: AU$5.6bTotal Earnings: AU$90.5mTotal Revenue: AU$2.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian IT Consulting Industry Price to Earnings3Y Average 26.6x202120222023
Current Industry PE
  • Investors are pessimistic on the Australian IT Consulting and Other Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading close to its 3-year average PS ratio of 0.88x.
Past Earnings Growth
  • Total earnings for the IT Consulting and Other Services industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 9.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Australian IT Consulting compare with similar industries?

AU Market-2.01%
Tech-1.76%
IT-0.43%
IT Consulting-0.31%
Data Processing Services3.50%
Internet Services and Infrastructure-0.44%
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
DTL Data#3AU$7.121.1%
+AU$12.4m
14.3%PE29.7x
SOC SOCOAU$0.3110.7%
+AU$3.8m
n/aPE26.6x
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Latest News

ATA

AU$0.80

Atturra

7D

-3.6%

1Y

6.7%

CNW

AU$0.06

Cirrus Networks Holdings

7D

-1.6%

1Y

81.8%

APX

AU$1.23

Appen

7D

-6.5%

1Y

-61.4%

SOC

AU$0.31

SOCO

7D

10.7%

1Y

n/a