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Australian (ASX) Application Software Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies68
- 7D-1.2%
- 3M3.5%
- 1Y61.1%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 1.2%, driven by Xero declining 1.8%. This takes the industry's 12 month performance to a gain of 61%. Earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Australian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | AU$95.9b | AU$7.6b | AU$342.5m | 68.4x | 280x | 12.7x |
| Tue, 19 Nov 2024 | AU$99.8b | AU$7.5b | AU$341.2m | 63.8x | 292.6x | 13.3x |
| Thu, 17 Oct 2024 | AU$93.9b | AU$7.2b | AU$284.3m | 65.8x | 330.1x | 13x |
| Sat, 14 Sep 2024 | AU$89.8b | AU$7.3b | AU$276.9m | 66.5x | 324.2x | 12.3x |
| Mon, 12 Aug 2024 | AU$73.3b | AU$7.2b | -AU$107,691,666.93 | 60.2x | -680.6x | 10.2x |
| Wed, 10 Jul 2024 | AU$84.0b | AU$7.6b | AU$1.4m | 58.2x | 60337.1x | 11.1x |
| Fri, 07 Jun 2024 | AU$82.8b | AU$7.6b | AU$14.0m | 62.8x | 5933.6x | 10.8x |
| Sun, 05 May 2024 | AU$79.2b | AU$7.4b | -AU$226,888,916.95 | 63.8x | -349.2x | 10.7x |
| Tue, 02 Apr 2024 | AU$81.0b | AU$7.5b | -AU$287,480,148.27 | 63x | -281.9x | 10.9x |
| Thu, 29 Feb 2024 | AU$78.5b | AU$7.6b | -AU$376,997,798.94 | 56.8x | -208.2x | 10.4x |
| Sat, 27 Jan 2024 | AU$69.1b | AU$8.1b | -AU$927,183,308.00 | 60.7x | -74.5x | 8.5x |
| Mon, 25 Dec 2023 | AU$68.2b | AU$8.1b | -AU$925,650,444.00 | 60.7x | -73.7x | 8.4x |
| Wed, 22 Nov 2023 | AU$63.8b | AU$8.1b | -AU$934,660,610.00 | 57.3x | -68.3x | 7.9x |
| Fri, 20 Oct 2023 | AU$62.7b | AU$7.8b | -AU$996,385,322.00 | 58.2x | -62.9x | 8x |
| Sun, 17 Sep 2023 | AU$68.9b | AU$7.8b | -AU$993,660,792.00 | 60.1x | -69.4x | 8.8x |
| Tue, 15 Aug 2023 | AU$72.9b | AU$7.5b | -AU$764,179,196.00 | 50.9x | -95.4x | 9.7x |
| Thu, 13 Jul 2023 | AU$68.5b | AU$7.5b | -AU$761,707,375.00 | 48x | -90x | 9.2x |
| Sat, 10 Jun 2023 | AU$66.9b | AU$7.4b | -AU$766,902,246.00 | 49.5x | -87.2x | 9x |
| Mon, 08 May 2023 | AU$61.0b | AU$7.3b | -AU$731,493,984.00 | 48.9x | -83.3x | 8.4x |
| Wed, 05 Apr 2023 | AU$61.1b | AU$7.3b | -AU$724,759,006.00 | 45.3x | -84.3x | 8.4x |
| Fri, 03 Mar 2023 | AU$56.9b | AU$7.2b | -AU$541,495,258.00 | 45.9x | -105.1x | 7.9x |
| Sun, 29 Jan 2023 | AU$56.5b | AU$6.9b | -AU$557,409,564.00 | 54.1x | -101.3x | 8.2x |
| Tue, 27 Dec 2022 | AU$52.3b | AU$6.9b | -AU$570,880,242.00 | 50.1x | -91.6x | 7.6x |
| Thu, 24 Nov 2022 | AU$53.2b | AU$6.9b | -AU$586,336,985.00 | 50x | -90.7x | 7.7x |
| Sat, 22 Oct 2022 | AU$53.3b | AU$6.7b | -AU$568,018,050.00 | 48.1x | -93.8x | 7.9x |
| Mon, 19 Sep 2022 | AU$55.9b | AU$6.6b | -AU$513,388,837.00 | 49.3x | -108.8x | 8.4x |
| Wed, 17 Aug 2022 | AU$58.4b | AU$6.2b | -AU$363,393,735.00 | 27.3x | -160.7x | 9.4x |
| Fri, 15 Jul 2022 | AU$50.7b | AU$6.3b | -AU$364,903,534.00 | 25.2x | -138.8x | 8.1x |
| Sun, 12 Jun 2022 | AU$48.1b | AU$6.2b | -AU$328,495,513.00 | 29.4x | -146.6x | 7.8x |
| Tue, 10 May 2022 | AU$50.1b | AU$6.0b | -AU$343,811,373.00 | 27.2x | -145.8x | 8.3x |
| Thu, 07 Apr 2022 | AU$60.7b | AU$6.0b | -AU$334,345,930.00 | 33.2x | -181.4x | 10.2x |
| Sat, 05 Mar 2022 | AU$57.2b | AU$6.1b | -AU$333,431,680.00 | 37.1x | -171.6x | 9.4x |
| Mon, 31 Jan 2022 | AU$58.9b | AU$5.6b | -AU$79,938,546.00 | 40.5x | -736.3x | 10.5x |
| Wed, 29 Dec 2021 | AU$72.2b | AU$5.4b | -AU$86,871,147.00 | 39.6x | -831.6x | 13.4x |
Price to Earnings Ratio
-831.6x
Current Industry PE
- Investors are pessimistic on the Australian Application Software 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 277x which is lower than its 3-year average PE of 1kx.
- The 3-year average PS ratio of 9.5x is lower than the industry's current PS ratio of 12.7x.
Past Earnings Growth
- Total earnings for the Application Software industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 12% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Application Software compare with similar industries?
| AU Market | -2.74% | |
| Tech | -1.45% | |
| Software | -1.16% | |
| Application Software | -1.20% | |
| Systems Software | 4.99% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SDR SiteMinder | AU$6.07 | 4.3% +AU$69.1m | 18.6% | PS8.8x | |
| BRN BrainChip Holdings | AU$0.25 | 4.2% +AU$19.7m | 38.9% | PS1382.7x | |
| RDY ReadyTech Holdings | AU$3.11 | 3.3% +AU$12.0m | -10.6% | PE68.4x | |
| EIQ Echo IQ | AU$0.27 | 8.2% +AU$11.8m | 65.6% | PS3504.7x | |
| CCR Credit Clear | AU$0.34 | 6.2% +AU$8.4m | 91.7% | PS3.4x |
