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Australian (ASX) Application Software Industry Analysis

UpdatedMay 30, 2023
DataAggregated Company Financials
Companies101
  • 7D1.8%
  • 3M15.2%
  • 1Y24.0%
  • YTD30.5%

Over the last 7 days, the Application Software industry has risen 1.8%, driven by gains from WiseTech Global of 2.2%. In the same time, BrainChip Holdings was down 12%. This means that the industry has gained 24% over the past year. As for the next few years, earnings are expected to grow by 34% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 May 2023AU$67.1bAU$7.5b-AU$791,815,675.0044.1x-84.8x9x
Thu, 27 Apr 2023AU$61.8bAU$7.3b-AU$729,567,876.0047.2x-84.7x8.5x
Sat, 25 Mar 2023AU$57.9bAU$7.3b-AU$727,927,823.0045x-79.5x8x
Mon, 20 Feb 2023AU$56.2bAU$6.9b-AU$572,698,795.0048.6x-98.1x8.2x
Wed, 18 Jan 2023AU$54.1bAU$6.9b-AU$563,777,766.0053.8x-95.9x7.9x
Fri, 16 Dec 2022AU$55.1bAU$6.9b-AU$569,537,770.0052.3x-96.7x8x
Sun, 13 Nov 2022AU$54.6bAU$6.8b-AU$567,271,407.0051.6x-96.3x8x
Tue, 11 Oct 2022AU$52.4bAU$6.6b-AU$543,868,353.0048.1x-96.4x7.9x
Thu, 08 Sep 2022AU$56.1bAU$6.6b-AU$504,977,457.0049.2x-111.1x8.5x
Sat, 06 Aug 2022AU$57.7bAU$6.2b-AU$362,594,156.0027.6x-159.1x9.2x
Mon, 04 Jul 2022AU$46.2bAU$6.3b-AU$365,480,155.0025x-126.4x7.4x
Wed, 01 Jun 2022AU$51.6bAU$6.2b-AU$327,190,297.0027.3x-157.8x8.4x
Fri, 29 Apr 2022AU$54.0bAU$6.0b-AU$344,220,687.0028.9x-156.8x9x
Sun, 27 Mar 2022AU$60.1bAU$6.0b-AU$340,959,547.0038.1x-176.3x9.9x
Tue, 22 Feb 2022AU$58.7bAU$5.8b-AU$237,065,651.0037.6x-247.4x10.1x
Thu, 20 Jan 2022AU$66.9bAU$5.6b-AU$78,962,685.0044x-847x12x
Sat, 18 Dec 2021AU$70.2bAU$5.4b-AU$87,195,590.0039.6x-805x13x
Mon, 15 Nov 2021AU$71.3bAU$5.4b-AU$84,252,661.0041.8x-846.8x13.3x
Wed, 13 Oct 2021AU$65.8bAU$5.3b-AU$84,197,127.0044x-781x12.3x
Fri, 10 Sep 2021AU$68.6bAU$5.2b-AU$66,436,677.8944.3x-1031.8x13.1x
Sun, 08 Aug 2021AU$63.6bAU$5.3b-AU$69,482,902.1144.2x-915x12.1x
Sat, 01 May 2021AU$59.4bAU$5.1b-AU$57,878,151.0934.9x-1025.7x11.6x
Tue, 02 Feb 2021AU$58.1bAU$5.0b-AU$21,507,531.7835x-2702.9x11.6x
Fri, 06 Nov 2020AU$51.2bAU$4.7b-AU$19,140,700.7540x-2676x10.8x
Mon, 10 Aug 2020AU$42.1bAU$4.5b-AU$10,777,039.1436.4x-3902.9x9.3x
Price to Earnings Ratio

-738.3x


Total Market Cap: AU$40.3bTotal Earnings: -AU$54,588,577.97Total Revenue: AU$4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Application Software Industry Price to Earnings3Y Average -1224.5x202120222023
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 3-year average PS ratio of 10.1x is higher than the industry's current PS ratio of 9.0x.
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 19% 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-0.72%
Tech2.33%
Software1.76%
Application Software1.79%
Systems Software-3.14%
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$74.632.3%
+AU$549.9m
77.3%PE108.6x
ALU AltiumAU$39.245.4%
+AU$265.9m
36.4%PE54.2x
TNE Technology OneAU$16.444.4%
+AU$224.0m
56.6%PE55.1x
OCL ObjectiveAU$13.836.5%
+AU$80.1m
-12.3%PE60.9x
HSN Hansen TechnologiesAU$4.968.3%
+AU$76.7m
-3.1%PE28.8x
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Latest News

NXL

AU$0.99

Nuix

7D

-2.9%

1Y

0%

TNE

AU$16.44

Technology One

7D

4.4%

1Y

56.6%

360

AU$6.65

Life360

7D

-2.9%

1Y

78.8%

XRO

AU$109.73

Xero

7D

-0.6%

1Y

22.9%

ATV

AU$0.12

ActivePort Group

7D

-14.8%

1Y

-4.2%

IRE

AU$10.23

Iress

7D

-2.0%

1Y

-2.3%

BTH

AU$0.55

Bigtincan Holdings

7D

-1.8%

1Y

3.8%

NOV

AU$0.13

Novatti Group

7D

-10.3%

1Y

-42.2%

ALU

AU$39.24

Altium

7D

5.4%

1Y

36.4%

HSN

AU$4.96

Hansen Technologies

7D

8.3%

1Y

-3.1%