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Australian (ASX) Application Software Industry Analysis

UpdatedMay 26, 2024
DataAggregated Company Financials
Companies77
  • 7D3.2%
  • 3M8.8%
  • 1Y26.9%
  • YTDn/a

In the last week, the Application Software industry is up 3.2%, with Xero up 8.4%. In the last 12 months, the industry was up 27%. Earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 May 2024AU$83.0bAU$7.6b-AU$1,319,031.3261.3x-62890.1x10.9x
Tue, 23 Apr 2024AU$75.8bAU$7.5b-AU$273,341,739.3363.2x-277.3x10.1x
Thu, 21 Mar 2024AU$80.9bAU$7.5b-AU$288,005,062.1861x-280.7x10.8x
Sat, 17 Feb 2024AU$72.7bAU$7.5b-AU$654,029,583.3852.5x-111.2x9.7x
Mon, 15 Jan 2024AU$67.8bAU$8.1b-AU$926,865,882.0059.6x-73.2x8.3x
Wed, 13 Dec 2023AU$66.2bAU$8.1b-AU$927,137,892.0059.9x-71.4x8.1x
Fri, 10 Nov 2023AU$61.8bAU$8.1b-AU$980,609,779.0055.3x-63x7.7x
Sun, 08 Oct 2023AU$63.6bAU$7.8b-AU$989,150,060.0057.8x-64.3x8.1x
Tue, 05 Sep 2023AU$69.7bAU$7.8b-AU$994,113,824.0062.6x-70.1x8.9x
Thu, 03 Aug 2023AU$74.1bAU$7.5b-AU$764,430,210.0051.7x-97x9.9x
Sat, 01 Jul 2023AU$70.0bAU$7.5b-AU$773,363,016.0047.8x-90.6x9.4x
Mon, 29 May 2023AU$67.4bAU$7.5b-AU$792,623,460.0044.4x-85x9x
Wed, 26 Apr 2023AU$62.0bAU$7.3b-AU$728,909,775.0047.1x-85.1x8.5x
Fri, 24 Mar 2023AU$58.0bAU$7.3b-AU$725,944,628.0045.2x-79.9x8x
Sun, 19 Feb 2023AU$56.2bAU$6.9b-AU$572,698,795.0048.6x-98.1x8.2x
Tue, 17 Jan 2023AU$54.7bAU$6.9b-AU$563,113,521.0052.4x-97.1x8x
Thu, 15 Dec 2022AU$55.2bAU$6.9b-AU$566,150,407.0051.6x-97.4x8x
Sat, 12 Nov 2022AU$54.6bAU$6.8b-AU$570,238,392.0051.6x-95.8x8x
Mon, 10 Oct 2022AU$53.8bAU$6.6b-AU$543,868,353.0047.9x-99x8.1x
Wed, 07 Sep 2022AU$56.1bAU$6.6b-AU$504,977,457.0049.2x-111.1x8.5x
Fri, 05 Aug 2022AU$57.8bAU$6.2b-AU$361,430,759.0027.5x-159.9x9.3x
Sun, 03 Jul 2022AU$46.2bAU$6.3b-AU$365,480,155.0025x-126.4x7.4x
Tue, 31 May 2022AU$52.8bAU$6.2b-AU$327,835,807.0026.2x-161x8.5x
Thu, 28 Apr 2022AU$54.3bAU$6.0b-AU$343,728,576.0029.1x-157.9x9x
Sat, 26 Mar 2022AU$60.1bAU$6.0b-AU$340,955,361.0038.1x-176.3x9.9x
Mon, 21 Feb 2022AU$59.9bAU$5.8b-AU$245,781,511.0038.4x-243.8x10.4x
Wed, 19 Jan 2022AU$67.9bAU$5.6b-AU$78,178,494.0043.7x-869x12.2x
Fri, 17 Dec 2021AU$72.0bAU$5.4b-AU$87,932,665.0040x-818.3x13.3x
Sun, 14 Nov 2021AU$71.3bAU$5.4b-AU$84,252,661.0041.8x-846.8x13.3x
Tue, 12 Oct 2021AU$66.2bAU$5.4b-AU$84,753,786.0044x-780.7x12.4x
Thu, 09 Sep 2021AU$67.3bAU$5.2b-AU$66,436,677.8944.3x-1013.2x12.9x
Sat, 07 Aug 2021AU$63.6bAU$5.3b-AU$69,482,902.1144.2x-915x12.1x
Price to Earnings Ratio

-843.2x


Total Market Cap: AU$56.1bTotal Earnings: -AU$66,591,284.09Total Revenue: AU$5.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Application Software Industry Price to Earnings3Y Average -415.8x202220232024
Current Industry PE
  • Investors are optimistic on the Australian Application Software industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 9.6x is lower than the industry's current PS ratio of 10.9x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have improved over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Comparison

How does Australian Application Software compare with similar industries?

AU Market-1.06%
Tech2.12%
Software3.12%
Application Software3.15%
Systems Software-0.66%
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
XRO XeroAU$131.198.4%
+AU$1.6b
18.5%PE123.9x
TNE Technology OneAU$17.7812.2%
+AU$631.9m
6.1%PE52.9x
NXL NuixAU$3.0628.6%
+AU$220.0m
210.7%PS5.1x
WTC WiseTech GlobalAU$98.670.6%
+AU$205.1m
31.7%PE147.4x
RUL RPMGlobal HoldingsAU$2.504.6%
+AU$24.4m
85.2%PE59.7x
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Latest News

XRO

AU$131.19

Xero

7D

8.4%

1Y

18.5%

TNE

AU$17.78

Technology One

7D

12.2%

1Y

6.1%

RDY

AU$3.27

ReadyTech Holdings

7D

-2.1%

1Y

13.5%

VNL

AU$0.12

Vinyl Group

7D

-17.2%

1Y

114.3%

NXL

AU$3.06

Nuix

7D

28.6%

1Y

210.7%

DUG

AU$2.69

DUG Technology

7D

-3.2%

1Y

133.9%

SYM

AU$2.63

Symbio Holdings

7D

-12.3%

1Y

40.3%

FCL

AU$1.65

FINEOS Corporation Holdings

7D

-7.8%

1Y

-2.7%

ALU

AU$66.77

Altium

7D

-0.09%

1Y

67.6%

HSN

AU$4.59

Hansen Technologies

7D

1.5%

1Y

-1.7%

IFM

AU$1.61

Infomedia

7D

2.6%

1Y

13.0%