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Australian (ASX) Application Software Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies63
  • 7D3.0%
  • 3M-27.1%
  • 1Y-34.2%
  • YTDn/a

Over the last 7 days, the Application Software industry has risen 3.8%, driven by gains from WiseTech Global of 12%. During this same period, the Life360 underperformed, falling 17%. However, the industry is down 31% 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Mar 2026AU$56.5bAU$8.4bAU$813.3m23.7x69.5x6.7x
Thu, 05 Feb 2026AU$57.9bAU$7.9bAU$692.5m35.5x83.6x7.3x
Sat, 03 Jan 2026AU$74.2bAU$8.1bAU$707.5m37.5x104.8x9.2x
Mon, 01 Dec 2025AU$80.5bAU$8.1bAU$717.1m34.8x112.3x10x
Wed, 29 Oct 2025AU$91.5bAU$7.9bAU$693.9m36.4x131.9x11.5x
Fri, 26 Sep 2025AU$100.0bAU$7.9bAU$696.2m34.2x143.6x12.6x
Sun, 24 Aug 2025AU$104.4bAU$7.9bAU$703.2m35.1x148.4x13.2x
Tue, 22 Jul 2025AU$105.3bAU$7.8bAU$587.7m72.6x179.2x13.5x
Thu, 19 Jun 2025AU$101.2bAU$7.9bAU$591.6m76.3x171x12.9x
Sat, 17 May 2025AU$93.4bAU$7.8bAU$566.8m91.8x164.8x11.9x
Mon, 14 Apr 2025AU$77.9bAU$7.8bAU$472.0m60.4x165x10x
Wed, 12 Mar 2025AU$80.3bAU$7.7bAU$468.0m58x171.5x10.4x
Fri, 07 Feb 2025AU$102.0bAU$7.5bAU$354.1m70.3x288.1x13.6x
Sun, 05 Jan 2025AU$98.1bAU$7.5bAU$345.8m68.4x283.9x13x
Tue, 03 Dec 2024AU$101.0bAU$7.5bAU$360.2m64.2x280.3x13.4x
Thu, 31 Oct 2024AU$89.2bAU$7.3bAU$282.7m64x315.7x12.3x
Sat, 28 Sep 2024AU$94.0bAU$7.3bAU$279.3m69x336.5x13x
Mon, 26 Aug 2024AU$86.8bAU$7.3bAU$222.4m68.2x390.4x11.8x
Wed, 24 Jul 2024AU$84.4bAU$7.5bAU$7.0m60.8x11980.7x11.2x
Fri, 21 Jun 2024AU$80.9bAU$7.6bAU$2.9m62.2x27548.1x10.6x
Sun, 19 May 2024AU$80.4bAU$7.4b-AU$220,670,310.4959.6x-364.5x10.8x
Tue, 16 Apr 2024AU$76.8bAU$7.5b-AU$272,968,150.8963x-281.4x10.3x
Thu, 14 Mar 2024AU$82.6bAU$7.5b-AU$288,068,350.5860.9x-286.9x11.1x
Sat, 10 Feb 2024AU$68.3bAU$7.5b-AU$660,561,272.3955.6x-103.4x9.1x
Mon, 08 Jan 2024AU$66.1bAU$8.1b-AU$926,354,021.0057.1x-71.4x8.2x
Wed, 06 Dec 2023AU$64.1bAU$8.2b-AU$927,634,309.0058.4x-69.2x7.9x
Fri, 03 Nov 2023AU$61.9bAU$7.9b-AU$1,043,704,355.0055.1x-59.3x7.8x
Sun, 01 Oct 2023AU$64.7bAU$7.8b-AU$994,718,566.0058.5x-65.1x8.3x
Tue, 29 Aug 2023AU$68.7bAU$7.7b-AU$1,050,355,105.0061.3x-65.4x8.9x
Thu, 27 Jul 2023AU$72.4bAU$7.4b-AU$760,165,745.0047.5x-95.2x9.7x
Sat, 24 Jun 2023AU$67.2bAU$7.5b-AU$771,753,764.0049.5x-87x9x
Mon, 22 May 2023AU$65.0bAU$7.5b-AU$800,360,605.0045.3x-81.2x8.7x
Wed, 19 Apr 2023AU$63.3bAU$7.2b-AU$725,865,992.0046.6x-87.2x8.7x
Fri, 17 Mar 2023AU$57.5bAU$7.2b-AU$730,434,990.0046.4x-78.8x8x
Price to Earnings Ratio

-78.8x


Total Market Cap: AU$57.5bTotal Earnings: -AU$730,434,990.00Total Revenue: AU$7.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Application Software Industry Price to Earnings3Y Average 1587.7x202420252026
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 72.5x 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 7.0x.
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 5.3% 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-6.36%
Tech0.69%
Software2.96%
Application Software3.03%
Systems Software-4.24%
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
WTC WiseTech GlobalAU$51.0815.4%
+AU$2.3b
-40.7%PE74.2x
TNE Technology OneAU$27.4410.8%
+AU$871.5m
0.7%PE65.1x
XRO XeroAU$83.726.2%
+AU$826.2m
-47.2%PE63.5x
360 Life360AU$22.5110.6%
+AU$517.3m
7.2%PE25.4x
CAT Catapult SportsAU$3.9018.5%
+AU$184.0m
13.7%PS6.6x

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