Have your own idea? Try our Stock Screener
Australian (ASX) Application Software Industry Analysis
UpdatedApr 27, 2025
DataAggregated Company Financials
Companies65
- 7D2.9%
- 3M-17.8%
- 1Y15.6%
- YTDn/a
In the last week, the Application Software industry is up 2.9%, with WiseTech Global up 5.6%. In the last 12 months, the industry was up 16%. 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 |
|---|---|---|---|---|---|---|
| Sun, 27 Apr 2025 | AU$80.1b | AU$7.7b | AU$536.8m | 61.1x | 149.3x | 10.5x |
| Tue, 25 Mar 2025 | AU$79.3b | AU$7.7b | AU$468.9m | 59.5x | 169.2x | 10.2x |
| Thu, 20 Feb 2025 | AU$101.7b | AU$7.5b | AU$419.8m | 54.8x | 242.3x | 13.6x |
| Sat, 18 Jan 2025 | AU$94.3b | AU$7.5b | AU$361.1m | 69x | 261.2x | 12.6x |
| Mon, 16 Dec 2024 | AU$97.0b | AU$7.5b | AU$348.5m | 66.2x | 278.4x | 12.9x |
| Wed, 13 Nov 2024 | AU$98.2b | AU$7.3b | AU$282.2m | 64x | 348.1x | 13.5x |
| Fri, 11 Oct 2024 | AU$94.8b | AU$7.2b | AU$284.3m | 65.1x | 333.5x | 13.1x |
| Sun, 08 Sep 2024 | AU$87.1b | AU$7.3b | AU$283.5m | 66.4x | 307.2x | 11.9x |
| Tue, 06 Aug 2024 | AU$70.0b | AU$7.2b | -AU$98,041,961.78 | 60.1x | -713.5x | 9.8x |
| Thu, 04 Jul 2024 | AU$84.0b | AU$7.6b | AU$1.9m | 59.4x | 45376.5x | 11x |
| Sat, 01 Jun 2024 | AU$83.0b | AU$7.6b | -AU$863,330.69 | 62.4x | -96189.2x | 10.9x |
| Mon, 29 Apr 2024 | AU$77.6b | AU$7.5b | -AU$272,535,086.90 | 63.2x | -284.6x | 10.4x |
| Wed, 27 Mar 2024 | AU$81.1b | AU$7.5b | -AU$287,618,415.52 | 61.3x | -281.9x | 10.9x |
| Fri, 23 Feb 2024 | AU$74.8b | AU$7.5b | -AU$461,031,088.50 | 52.7x | -162.1x | 10x |
| Sun, 21 Jan 2024 | AU$69.2b | AU$8.1b | -AU$927,145,296.00 | 58.8x | -74.7x | 8.5x |
| Tue, 19 Dec 2023 | AU$68.2b | AU$8.1b | -AU$926,335,435.00 | 60.3x | -73.6x | 8.4x |
| Thu, 16 Nov 2023 | AU$64.5b | AU$8.1b | -AU$956,677,050.00 | 57.8x | -67.5x | 8x |
| Sat, 14 Oct 2023 | AU$65.2b | AU$7.8b | -AU$989,248,487.00 | 58x | -65.9x | 8.3x |
| Mon, 11 Sep 2023 | AU$68.4b | AU$7.8b | -AU$995,004,156.00 | 60.7x | -68.8x | 8.8x |
| Wed, 09 Aug 2023 | AU$73.9b | AU$7.5b | -AU$764,923,014.00 | 51.5x | -96.6x | 9.9x |
| Fri, 07 Jul 2023 | AU$68.9b | AU$7.5b | -AU$763,080,260.00 | 50.8x | -90.3x | 9.2x |
| Sun, 04 Jun 2023 | AU$68.3b | AU$7.5b | -AU$769,872,876.00 | 51x | -88.7x | 9.2x |
| Tue, 02 May 2023 | AU$61.0b | AU$7.3b | -AU$728,721,503.00 | 46.8x | -83.7x | 8.4x |
| Thu, 30 Mar 2023 | AU$58.0b | AU$7.3b | -AU$727,090,884.00 | 44.1x | -79.8x | 8x |
| Sat, 25 Feb 2023 | AU$57.8b | AU$7.1b | -AU$537,301,132.00 | 54.2x | -107.6x | 8.1x |
| Mon, 23 Jan 2023 | AU$55.0b | AU$6.9b | -AU$562,178,152.00 | 53.1x | -97.9x | 8x |
| Wed, 21 Dec 2022 | AU$51.9b | AU$7.0b | -AU$573,082,681.00 | 50.4x | -90.5x | 7.5x |
| Fri, 18 Nov 2022 | AU$55.4b | AU$6.8b | -AU$582,087,303.00 | 51.8x | -95.2x | 8.1x |
| Sun, 16 Oct 2022 | AU$52.5b | AU$6.7b | -AU$549,974,295.00 | 46.3x | -95.5x | 7.8x |
| Tue, 13 Sep 2022 | AU$58.7b | AU$6.6b | -AU$503,987,025.00 | 48.3x | -116.4x | 8.9x |
| Thu, 11 Aug 2022 | AU$57.1b | AU$6.2b | -AU$365,093,537.00 | 26.7x | -156.4x | 9.2x |
| Sat, 09 Jul 2022 | AU$51.0b | AU$6.3b | -AU$363,895,256.00 | 25.2x | -140.1x | 8.2x |
| Mon, 06 Jun 2022 | AU$51.0b | AU$6.2b | -AU$325,815,999.00 | 29.8x | -156.7x | 8.3x |
| Wed, 04 May 2022 | AU$52.8b | AU$6.0b | -AU$345,301,374.00 | 29x | -153x | 8.8x |
Price to Earnings Ratio
-153x
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 149x 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 8.3% 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 | 1.83% | |
| Tech | 2.68% | |
| Software | 2.90% | |
| Application Software | 2.91% | |
| Systems Software | 1.69% | |
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$86.58 | 5.6% +AU$1.5b | -4.4% | PE95.8x | |
| XRO Xero | AU$156.58 | 0.9% +AU$225.0m | 30.2% | PE119.2x | |
| 360 Life360 | AU$20.49 | 4.0% +AU$181.1m | 49.9% | PS8.1x | |
| CAT Catapult Group International | AU$3.90 | 5.4% +AU$52.5m | 161.7% | PS6.1x | |
| FCL FINEOS Corporation Holdings | AU$1.99 | 7.6% +AU$47.4m | 6.7% | PS2.8x |
