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Australian (ASX) Application Software Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies101
  • 7D-1.4%
  • 3M-9.5%
  • 1Y-12.6%
  • YTD-33.2%

The Application Software industry is down 1.4% over the last week with WiseTech Global the worst performer, down 1.2%. In contrast, FINEOS Corporation Holdings has gained 12%. Overall the industry is down 13% in 12 months. As for the next few years, earnings are expected to grow by 35% per annum.

Industry Valuation and Performance

Has the Australian Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022AU$51.6bAU$6.2b-AU$329,221,890.0025.6x
Mon, 25 Apr 2022AU$56.2bAU$6.0b-AU$341,948,883.0030.7x
Wed, 23 Mar 2022AU$58.6bAU$6.1b-AU$342,818,289.0036x
Fri, 18 Feb 2022AU$60.6bAU$5.8b-AU$241,565,145.0044.1x
Sun, 16 Jan 2022AU$66.1bAU$5.6b-AU$78,055,238.0044.2x
Tue, 14 Dec 2021AU$70.6bAU$5.4b-AU$85,562,175.0040.5x
Thu, 11 Nov 2021AU$72.4bAU$5.3b-AU$45,083,523.0046.2x
Sat, 09 Oct 2021AU$67.7bAU$5.4b-AU$84,728,145.0044x
Mon, 06 Sep 2021AU$69.3bAU$5.2b-AU$66,436,677.8943.8x
Wed, 04 Aug 2021AU$62.6bAU$5.3b-AU$69,482,902.1144.7x
Sat, 08 May 2021AU$59.4bAU$5.1b-AU$57,878,151.0934.9x
Tue, 09 Feb 2021AU$58.1bAU$5.0b-AU$21,507,531.7835x
Mon, 02 Nov 2020AU$51.2bAU$4.7b-AU$19,140,700.7540x
Thu, 06 Aug 2020AU$42.1bAU$4.5b-AU$10,777,039.1436.4x
Sun, 10 May 2020AU$37.5bAU$4.5b-AU$54,588,577.9737.1x
Sat, 01 Feb 2020AU$42.9bAU$4.2b-AU$132,044,238.8145.1x
Tue, 05 Nov 2019AU$38.3bAU$3.9b-AU$53,795,956.1635.2x
Fri, 09 Aug 2019AU$39.1bAU$3.6b-AU$69,624,194.9436.5x
Median PE Ratio

37x


Total Market Cap: AU$34.5bTotal Earnings: -AU$66,838,994.13Total Revenue: AU$3.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Application Software Industry Median PE3Y Average 37.5x202020212022
Current Industry PE
  • Investors are more pessimistic on the 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 25.6x which is lower than its 3-year average PE of 37.5x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 22% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Comparison

How does Australian Application Software compare with similar industries?

AU Market-1.30%
Tech-2.07%
Software-1.42%
Application Software-1.40%
Systems Software-2.38%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FCL FINEOS Corporation HoldingsAU$1.8012.2%
+AU$62.3m
-52.5%PS3.2x
OCL ObjectiveAU$15.262.9%
+AU$40.8m
3.7%PS82.5x
IFM InfomediaAU$1.724.2%
+AU$26.3m
24.6%PS63.8x
EVS EnvirosuiteAU$0.176.5%
+AU$12.5m
43.5%PS4x
SYM Symbio HoldingsAU$4.403.3%
+AU$11.9m
-16.2%PS31.5x
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