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Australian (ASX) IT Consulting Industry Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies6
  • 7D-3.9%
  • 3M-3.6%
  • 1Y-15.7%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 3.0%, driven by a pullback from Data#3 of 2.9%. In contrast, Kinatico has gained 6.1%. The industry has fallen 14% in the last year. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Mar 2024AU$1.7bAU$3.3b-AU$131,476,073.8030.2x-13.1x0.5x
Sat, 24 Feb 2024AU$1.7bAU$3.4b-AU$364,281,894.5029.3x-4.6x0.5x
Mon, 22 Jan 2024AU$1.9bAU$3.4b-AU$365,153,515.0032.9x-5.2x0.5x
Wed, 20 Dec 2023AU$1.8bAU$3.4b-AU$356,826,557.0032.9x-5x0.5x
Fri, 17 Nov 2023AU$1.6bAU$3.5b-AU$370,941,433.0030.7x-4.4x0.5x
Sun, 15 Oct 2023AU$1.6bAU$3.5b-AU$384,837,896.0030.2x-4.2x0.5x
Tue, 12 Sep 2023AU$1.6bAU$3.5b-AU$376,046,813.0028.6x-4.4x0.5x
Thu, 10 Aug 2023AU$1.9bAU$3.3b-AU$319,982,830.0024.1x-5.8x0.6x
Sat, 08 Jul 2023AU$1.8bAU$3.3b-AU$310,236,736.0024.1x-5.8x0.6x
Mon, 05 Jun 2023AU$2.0bAU$3.3b-AU$313,924,110.0024.1x-6.2x0.6x
Wed, 03 May 2023AU$1.9bAU$3.3b-AU$312,872,211.0024.1x-5.9x0.6x
Fri, 31 Mar 2023AU$1.8bAU$3.3b-AU$309,214,471.0023.1x-5.8x0.5x
Sun, 26 Feb 2023AU$1.8bAU$3.3bAU$66.9m21.9x26.8x0.5x
Tue, 24 Jan 2023AU$1.8bAU$3.1bAU$57.6m25.3x30.5x0.6x
Thu, 22 Dec 2022AU$1.6bAU$3.1bAU$56.6m29.6x28.6x0.5x
Sat, 19 Nov 2022AU$1.7bAU$3.1bAU$56.7m27.8x29.2x0.5x
Mon, 17 Oct 2022AU$1.6bAU$3.2bAU$57.9m24.3x27.1x0.5x
Wed, 14 Sep 2022AU$1.7bAU$3.1bAU$56.1m25.5x30.5x0.5x
Fri, 12 Aug 2022AU$1.8bAU$3.0bAU$71.9m19.1x25x0.6x
Sun, 10 Jul 2022AU$1.8bAU$3.0bAU$73.2m22.4x24.7x0.6x
Tue, 07 Jun 2022AU$1.8bAU$3.0bAU$71.2m22.7x24.7x0.6x
Thu, 05 May 2022AU$1.9bAU$3.0bAU$71.8m22.9x26x0.6x
Sat, 02 Apr 2022AU$2.0bAU$3.0bAU$69.7m24.4x28.4x0.7x
Mon, 28 Feb 2022AU$1.8bAU$3.0bAU$74.4m22.5x24.8x0.6x
Wed, 26 Jan 2022AU$2.2bAU$2.8bAU$74.5m27.1x30x0.8x
Fri, 24 Dec 2021AU$2.5bAU$2.8bAU$73.9m32.6x33.6x0.9x
Sun, 21 Nov 2021AU$2.8bAU$2.9bAU$79.7m36.3x34.8x1x
Tue, 19 Oct 2021AU$2.8bAU$3.0bAU$86.6m31.9x32.3x0.9x
Thu, 16 Sep 2021AU$2.7bAU$3.0bAU$86.2m31x31.7x0.9x
Sat, 14 Aug 2021AU$2.9bAU$3.0bAU$86.2m36.4x33.9x1x
Wed, 09 Jun 2021AU$3.1bAU$2.9bAU$93.2m27.5x33.5x1.1x
Price to Earnings Ratio

34.8x


Total Market Cap: AU$3.2bTotal Earnings: AU$93.2mTotal Revenue: AU$2.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian IT Consulting Industry Price to Earnings3Y Average 17.3x202220232024
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 0.68x.
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 4.7% 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 Market1.46%
Tech-0.19%
IT0.48%
IT Consulting-3.94%
Data Processing Services2.69%
Internet Services and Infrastructure1.08%
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
KYP KinaticoAU$0.105.0%
+AU$2.2m
47.9%PE28.9x
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