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Australian (ASX) IT Industry Analysis
UpdatedDec 21, 2025
DataAggregated Company Financials
Companies20
- 7D-7.0%
- 3M-23.3%
- 1Y-9.8%
- YTD-11.3%
Over the last 7 days, the IT industry has dropped 7.0%, driven by NEXTDC declining 12%. Overall the industry is down 9.8% in 12 months. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Australian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Dec 2025 | AU$14.2b | AU$2.9b | -AU$100,329,008.00 | 41.5x | -141.3x | 4.9x |
| Tue, 18 Nov 2025 | AU$15.6b | AU$2.9b | -AU$100,783,058.90 | 41.9x | -155.1x | 5.4x |
| Thu, 16 Oct 2025 | AU$16.8b | AU$2.9b | -AU$100,780,907.00 | 40.7x | -167.1x | 5.8x |
| Sat, 13 Sep 2025 | AU$17.9b | AU$2.9b | -AU$82,568,440.90 | 38.9x | -216.2x | 6.2x |
| Mon, 11 Aug 2025 | AU$16.0b | AU$2.8b | -AU$87,771,037.80 | 31.9x | -181.9x | 5.6x |
| Wed, 09 Jul 2025 | AU$15.1b | AU$2.8b | -AU$89,711,000.00 | 36.1x | -168.2x | 5.4x |
| Fri, 06 Jun 2025 | AU$14.7b | AU$2.8b | -AU$89,849,062.10 | 39.6x | -163.4x | 5.3x |
| Sun, 04 May 2025 | AU$13.7b | AU$2.8b | -AU$90,147,196.20 | 43.7x | -152.1x | 4.9x |
| Tue, 01 Apr 2025 | AU$12.7b | AU$2.8b | -AU$91,127,637.20 | 34.9x | -138.8x | 4.5x |
| Thu, 27 Feb 2025 | AU$15.1b | AU$2.8b | -AU$230,775,603.90 | 69.8x | -65.6x | 5.4x |
| Sat, 25 Jan 2025 | AU$16.2b | AU$2.6b | -AU$188,912,301.80 | 78.9x | -86x | 6.2x |
| Mon, 23 Dec 2024 | AU$15.3b | AU$2.6b | -AU$190,309,368.90 | 71.6x | -80.5x | 5.8x |
| Wed, 20 Nov 2024 | AU$17.0b | AU$2.6b | -AU$184,869,134.10 | 70.8x | -91.9x | 6.5x |
| Fri, 18 Oct 2024 | AU$17.0b | AU$2.6b | -AU$180,687,184.90 | 69.1x | -93.9x | 6.5x |
| Sun, 15 Sep 2024 | AU$16.3b | AU$2.6b | -AU$171,269,398.70 | 62.6x | -95.3x | 6.3x |
| Tue, 13 Aug 2024 | AU$15.7b | AU$4.4b | -AU$216,841,719.80 | 41x | -72.3x | 3.6x |
| Thu, 11 Jul 2024 | AU$15.4b | AU$4.4b | -AU$213,122,231.30 | 36.6x | -72.3x | 3.5x |
| Sat, 08 Jun 2024 | AU$15.3b | AU$4.4b | -AU$215,271,269.10 | 35.2x | -71.1x | 3.5x |
| Mon, 06 May 2024 | AU$14.6b | AU$4.4b | -AU$216,511,098.60 | 35.3x | -67.2x | 3.3x |
| Wed, 03 Apr 2024 | AU$15.1b | AU$4.4b | -AU$219,486,689.40 | 41.1x | -68.7x | 3.4x |
| Fri, 01 Mar 2024 | AU$15.3b | AU$4.4b | -AU$219,618,384.20 | 39x | -69.5x | 3.5x |
| Sun, 28 Jan 2024 | AU$12.4b | AU$4.4b | -AU$456,392,173.00 | 35.7x | -27.3x | 2.8x |
| Tue, 26 Dec 2023 | AU$11.9b | AU$4.4b | -AU$443,369,358.00 | 33.8x | -26.9x | 2.7x |
| Thu, 23 Nov 2023 | AU$11.9b | AU$4.4b | -AU$458,112,168.00 | 32.5x | -25.9x | 2.7x |
| Sat, 21 Oct 2023 | AU$11.4b | AU$4.5b | -AU$471,536,339.00 | 29x | -24.2x | 2.5x |
| Mon, 18 Sep 2023 | AU$11.9b | AU$4.5b | -AU$463,464,159.00 | 28.5x | -25.6x | 2.6x |
| Wed, 16 Aug 2023 | AU$12.4b | AU$4.3b | -AU$464,606,805.00 | 24.4x | -26.7x | 2.9x |
| Fri, 14 Jul 2023 | AU$10.2b | AU$3.9b | -AU$452,803,344.00 | 18.8x | -22.5x | 2.6x |
| Sun, 11 Jun 2023 | AU$9.2b | AU$3.9b | -AU$459,275,189.00 | 18.6x | -20.1x | 2.4x |
| Tue, 09 May 2023 | AU$8.3b | AU$3.9b | -AU$459,504,419.00 | 24.2x | -18.1x | 2.1x |
| Thu, 06 Apr 2023 | AU$7.6b | AU$3.9b | -AU$462,010,371.00 | 24.1x | -16.5x | 2x |
| Sat, 04 Mar 2023 | AU$24.6b | AU$10.2b | -AU$624,257,902.00 | 24.6x | -39.5x | 2.4x |
| Mon, 30 Jan 2023 | AU$24.4b | AU$9.3b | -AU$75,147,617.00 | 34.4x | -324.2x | 2.6x |
| Wed, 28 Dec 2022 | AU$25.8b | AU$9.5b | -AU$65,006,203.00 | 32.1x | -397.1x | 2.7x |
Price to Earnings Ratio
-397.1x
Current Industry PE
- Investors are optimistic on the Australian IT industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 4.1x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the IT industry have deteriorated over the last three years.
- Revenues have also declined 33% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Trends
Which industries have driven the changes within the Australian Tech industry?
| AU Market | -0.62% | |
| Tech | -0.88% | |
| IT | -7.02% | |
| Data Processing Services | 1.36% | |
| IT Consulting | -0.20% | |
| Internet Services and Infrastructure | -8.17% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 22.5x.
- Analysts are expecting annual earnings growth of 19.8%, which is lower than the prior year's growth of 27.9% per year.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 20% over the next 5 years.
- However this is lower than its past earnings growth rate of 28% per year.
- In contrast, the Data Processing Services industry is expected to see its earnings grow by 7.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAQ Macquarie Technology Group | AU$65.91 | 3.1% +AU$51.8m | -21.3% | PE48.7x | |
| APX Appen | AU$0.75 | 7.1% +AU$13.3m | -65.1% | PS0.6x | |
| ITS Infotrust | AU$0.57 | 12.9% +AU$12.4m | -8.1% | PS1.1x | |
| KYP Kinatico | AU$0.31 | 5.1% +AU$6.5m | 121.4% | PE118.7x | |
| AI1 Adisyn | AU$0.058 | 7.4% +AU$2.9m | -23.7% | PS12.1x |
