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Apr 13
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Australian (ASX) Application Software Industry Analysis
UpdatedApr 13, 2025
DataAggregated Company Financials
Companies66
- 7D7.3%
- 3M-21.2%
- 1Y12.1%
- YTDn/a
Over the last 7 days, the Application Software industry has risen 7.3%, driven by gains from WiseTech Global of 12%. In the same time, Nuix was down 13%. This means that the industry has gained 12% over the past year. As for the next few years, earnings are expected to grow by 26% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 14 Apr 2025 | AU$77.9b | AU$7.8b | AU$472.0m | 60.4x | 165x | 10x |
| Wed, 12 Mar 2025 | AU$80.3b | AU$7.7b | AU$468.0m | 58x | 171.5x | 10.4x |
| Fri, 07 Feb 2025 | AU$102.0b | AU$7.5b | AU$354.1m | 70.3x | 288.1x | 13.6x |
| Sun, 05 Jan 2025 | AU$98.1b | AU$7.5b | AU$345.8m | 68.4x | 283.9x | 13x |
| Tue, 03 Dec 2024 | AU$101.0b | AU$7.5b | AU$360.2m | 64.2x | 280.3x | 13.4x |
| Thu, 31 Oct 2024 | AU$89.2b | AU$7.3b | AU$282.7m | 64x | 315.7x | 12.3x |
| Sat, 28 Sep 2024 | AU$94.0b | AU$7.3b | AU$279.3m | 69x | 336.5x | 13x |
| Mon, 26 Aug 2024 | AU$86.8b | AU$7.3b | AU$222.4m | 68.2x | 390.4x | 11.8x |
| Wed, 24 Jul 2024 | AU$84.4b | AU$7.5b | AU$7.0m | 60.8x | 11980.7x | 11.2x |
| Fri, 21 Jun 2024 | AU$80.9b | AU$7.6b | AU$2.9m | 62.2x | 27548.1x | 10.6x |
| Sun, 19 May 2024 | AU$80.4b | AU$7.4b | -AU$220,670,310.49 | 59.6x | -364.5x | 10.8x |
| Tue, 16 Apr 2024 | AU$76.8b | AU$7.5b | -AU$272,968,150.89 | 63x | -281.4x | 10.3x |
| Thu, 14 Mar 2024 | AU$82.6b | AU$7.5b | -AU$288,068,350.58 | 60.9x | -286.9x | 11.1x |
| Sat, 10 Feb 2024 | AU$68.3b | AU$7.5b | -AU$660,561,272.39 | 55.6x | -103.4x | 9.1x |
| Mon, 08 Jan 2024 | AU$66.1b | AU$8.1b | -AU$926,354,021.00 | 57.1x | -71.4x | 8.2x |
| Wed, 06 Dec 2023 | AU$64.1b | AU$8.2b | -AU$927,634,309.00 | 58.4x | -69.2x | 7.9x |
| Fri, 03 Nov 2023 | AU$61.9b | AU$7.9b | -AU$1,043,704,355.00 | 55.1x | -59.3x | 7.8x |
| Sun, 01 Oct 2023 | AU$64.7b | AU$7.8b | -AU$994,718,566.00 | 58.5x | -65.1x | 8.3x |
| Tue, 29 Aug 2023 | AU$68.7b | AU$7.7b | -AU$1,050,355,105.00 | 61.3x | -65.4x | 8.9x |
| Thu, 27 Jul 2023 | AU$72.4b | AU$7.4b | -AU$760,165,745.00 | 47.5x | -95.2x | 9.7x |
| Sat, 24 Jun 2023 | AU$67.2b | AU$7.5b | -AU$771,753,764.00 | 49.5x | -87x | 9x |
| Mon, 22 May 2023 | AU$65.0b | AU$7.5b | -AU$800,360,605.00 | 45.3x | -81.2x | 8.7x |
| Wed, 19 Apr 2023 | AU$63.3b | AU$7.2b | -AU$725,865,992.00 | 46.6x | -87.2x | 8.7x |
| Fri, 17 Mar 2023 | AU$57.5b | AU$7.2b | -AU$730,434,990.00 | 46.4x | -78.8x | 8x |
| Sun, 12 Feb 2023 | AU$55.8b | AU$6.9b | -AU$562,447,100.00 | 53x | -99.2x | 8.1x |
| Tue, 10 Jan 2023 | AU$52.3b | AU$6.9b | -AU$564,570,574.00 | 51.2x | -92.7x | 7.6x |
| Thu, 08 Dec 2022 | AU$53.0b | AU$6.9b | -AU$570,944,314.00 | 50.6x | -92.8x | 7.6x |
| Sat, 05 Nov 2022 | AU$55.0b | AU$6.7b | -AU$569,644,368.00 | 51.2x | -96.6x | 8.2x |
| Mon, 03 Oct 2022 | AU$51.0b | AU$6.6b | -AU$521,944,682.00 | 45.3x | -97.7x | 7.7x |
| Wed, 31 Aug 2022 | AU$56.7b | AU$6.5b | -AU$474,157,792.00 | 47.4x | -119.7x | 8.7x |
| Fri, 29 Jul 2022 | AU$53.9b | AU$6.2b | -AU$360,905,033.00 | 25x | -149.4x | 8.7x |
| Sun, 26 Jun 2022 | AU$47.7b | AU$6.2b | -AU$361,302,449.00 | 26.9x | -132.1x | 7.6x |
| Tue, 24 May 2022 | AU$52.3b | AU$6.2b | -AU$334,869,082.00 | 25.6x | -156.1x | 8.5x |
| Thu, 21 Apr 2022 | AU$57.6b | AU$6.0b | -AU$340,376,849.00 | 31.6x | -169.2x | 9.6x |
Price to Earnings Ratio
-169.2x
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 165x which is lower than its 3-year average PE of 2kx.
- The industry is trading close to its 3-year average PS ratio of 9.7x.
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 9.1% 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 | 0.081% | |
| Tech | 6.07% | |
| Software | 7.25% | |
| Application Software | 7.34% | |
| Systems Software | -4.43% | |
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 | |
|---|---|---|---|---|---|
| WTC WiseTech Global | AU$84.15 | 12.5% +AU$3.1b | -6.9% | PE91.5x | |
| XRO Xero | AU$155.04 | 6.5% +AU$1.5b | 27.1% | PE118.7x | |
| TNE Technology One | AU$27.72 | 9.3% +AU$775.5m | 70.8% | PE76.9x | |
| 360 Life360 | AU$18.64 | 3.5% +AU$142.9m | 37.6% | PS7.2x | |
| HSN Hansen Technologies | AU$5.12 | 6.9% +AU$67.1m | 8.9% | PE296.2x |
