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Australian (ASX) Application Software Industry Analysis
UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies60
- 7D-9.3%
- 3M-28.9%
- 1Y-37.7%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 9.3%, driven by a pullback from WiseTech Global of 9.0%. On the other hand Ion Video is actually up 72%. However, the industry is down 38% over the past year. As for the next few years, earnings are expected to grow by 24% 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 |
|---|---|---|---|---|---|---|
| Tue, 03 Feb 2026 | AU$63.3b | AU$8.0b | AU$696.8m | 32.6x | 90.9x | 8x |
| Thu, 01 Jan 2026 | AU$74.6b | AU$8.1b | AU$707.7m | 36.5x | 105.4x | 9.3x |
| Sat, 29 Nov 2025 | AU$80.5b | AU$8.1b | AU$717.9m | 34.8x | 112.2x | 10x |
| Mon, 27 Oct 2025 | AU$95.6b | AU$8.0b | AU$696.6m | 36.1x | 137.3x | 12x |
| Wed, 24 Sep 2025 | AU$101.3b | AU$7.9b | AU$696.7m | 34.2x | 145.4x | 12.8x |
| Fri, 22 Aug 2025 | AU$104.7b | AU$7.9b | AU$699.2m | 40.1x | 149.7x | 13.2x |
| Sun, 20 Jul 2025 | AU$105.2b | AU$7.8b | AU$588.1m | 73.8x | 178.9x | 13.4x |
| Tue, 17 Jun 2025 | AU$99.8b | AU$7.8b | AU$590.4m | 77.7x | 169x | 12.7x |
| Thu, 15 May 2025 | AU$92.3b | AU$7.6b | AU$553.5m | 89.8x | 166.8x | 12.1x |
| Sat, 12 Apr 2025 | AU$77.9b | AU$7.8b | AU$474.6m | 60.4x | 164.1x | 10x |
| Mon, 10 Mar 2025 | AU$83.4b | AU$7.7b | AU$467.0m | 57.5x | 178.6x | 10.8x |
| Wed, 05 Feb 2025 | AU$100.4b | AU$7.5b | AU$353.2m | 71.2x | 284.1x | 13.4x |
| Fri, 03 Jan 2025 | AU$97.2b | AU$7.6b | AU$345.8m | 68.4x | 281.2x | 12.9x |
| Sun, 01 Dec 2024 | AU$100.4b | AU$7.5b | AU$360.4m | 63.8x | 278.5x | 13.4x |
| Tue, 29 Oct 2024 | AU$88.5b | AU$7.3b | AU$282.6m | 65.6x | 313x | 12.2x |
| Thu, 26 Sep 2024 | AU$91.8b | AU$7.3b | AU$279.3m | 67.9x | 328.7x | 12.7x |
| Sat, 24 Aug 2024 | AU$86.8b | AU$7.3b | AU$218.9m | 68.2x | 396.7x | 11.8x |
| Mon, 22 Jul 2024 | AU$83.4b | AU$7.5b | AU$7.0m | 60.8x | 11967.8x | 11.1x |
| Wed, 19 Jun 2024 | AU$81.0b | AU$7.6b | AU$3.5m | 60.6x | 22924.9x | 10.6x |
| Fri, 17 May 2024 | AU$83.1b | AU$7.4b | -AU$220,710,173.92 | 60.1x | -376.3x | 11.2x |
| Sun, 14 Apr 2024 | AU$77.8b | AU$7.5b | -AU$272,951,830.13 | 65.3x | -285.2x | 10.4x |
| Tue, 12 Mar 2024 | AU$81.2b | AU$7.5b | -AU$288,167,224.24 | 61x | -281.7x | 10.9x |
| Thu, 08 Feb 2024 | AU$66.4b | AU$7.5b | -AU$660,156,186.26 | 56.9x | -100.6x | 8.9x |
| Sat, 06 Jan 2024 | AU$66.1b | AU$8.1b | -AU$926,620,964.00 | 57x | -71.4x | 8.1x |
| Mon, 04 Dec 2023 | AU$63.9b | AU$8.1b | -AU$926,509,693.00 | 58.2x | -68.9x | 7.9x |
| Wed, 01 Nov 2023 | AU$59.9b | AU$7.8b | -AU$995,870,812.00 | 53x | -60.1x | 7.7x |
| Fri, 29 Sep 2023 | AU$64.6b | AU$7.8b | -AU$994,896,601.00 | 57.6x | -64.9x | 8.3x |
| Sun, 27 Aug 2023 | AU$69.0b | AU$7.7b | -AU$1,050,336,367.00 | 60.9x | -65.7x | 8.9x |
| Tue, 25 Jul 2023 | AU$71.4b | AU$7.4b | -AU$760,222,406.00 | 48.3x | -93.9x | 9.6x |
| Thu, 22 Jun 2023 | AU$70.2b | AU$7.4b | -AU$769,803,350.00 | 50.4x | -91.2x | 9.4x |
| Sat, 20 May 2023 | AU$65.0b | AU$7.5b | -AU$800,178,016.00 | 45.3x | -81.2x | 8.7x |
| Mon, 17 Apr 2023 | AU$61.1b | AU$7.3b | -AU$726,873,358.00 | 46.1x | -84.1x | 8.4x |
| Wed, 15 Mar 2023 | AU$56.9b | AU$7.2b | -AU$730,721,718.00 | 46.2x | -77.8x | 7.9x |
| Fri, 10 Feb 2023 | AU$57.4b | AU$6.9b | -AU$560,984,745.00 | 54.6x | -102.3x | 8.3x |
Price to Earnings Ratio
-102.3x
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 90.9x which is lower than its 3-year average PE of 2kx.
- The 3-year average PS ratio of 10.5x is higher than the industry's current PS ratio of 8.0x.
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 5.0% 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 | -1.47% | |
| Tech | -7.61% | |
| Software | -9.18% | |
| Application Software | -9.26% | |
| Systems Software | 0.41% | |
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 | |
|---|---|---|---|---|---|
| IOV Ion Video | AU$0.43 | 72.0% +AU$16.3m | 186.7% | PS49.7x | |
| GTI Gratifii | AU$0.09 | 28.6% +AU$8.7m | -14.3% | PS0.7x | |
| VNL Vinyl Group | AU$0.088 | 6.0% +AU$6.9m | -10.2% | PS8.5x | |
| ACE Acusensus | AU$1.64 | 2.5% +AU$6.5m | 32.3% | PS4.5x | |
| ADS Adslot | AU$0.002 | 100.0% +AU$5.9m | 100.0% | PS2.1x |
