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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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | AU$51.6b | AU$6.2b | -AU$329,221,890.00 | 25.6x |
| Mon, 25 Apr 2022 | AU$56.2b | AU$6.0b | -AU$341,948,883.00 | 30.7x |
| Wed, 23 Mar 2022 | AU$58.6b | AU$6.1b | -AU$342,818,289.00 | 36x |
| Fri, 18 Feb 2022 | AU$60.6b | AU$5.8b | -AU$241,565,145.00 | 44.1x |
| Sun, 16 Jan 2022 | AU$66.1b | AU$5.6b | -AU$78,055,238.00 | 44.2x |
| Tue, 14 Dec 2021 | AU$70.6b | AU$5.4b | -AU$85,562,175.00 | 40.5x |
| Thu, 11 Nov 2021 | AU$72.4b | AU$5.3b | -AU$45,083,523.00 | 46.2x |
| Sat, 09 Oct 2021 | AU$67.7b | AU$5.4b | -AU$84,728,145.00 | 44x |
| Mon, 06 Sep 2021 | AU$69.3b | AU$5.2b | -AU$66,436,677.89 | 43.8x |
| Wed, 04 Aug 2021 | AU$62.6b | AU$5.3b | -AU$69,482,902.11 | 44.7x |
| Sat, 08 May 2021 | AU$59.4b | AU$5.1b | -AU$57,878,151.09 | 34.9x |
| Tue, 09 Feb 2021 | AU$58.1b | AU$5.0b | -AU$21,507,531.78 | 35x |
| Mon, 02 Nov 2020 | AU$51.2b | AU$4.7b | -AU$19,140,700.75 | 40x |
| Thu, 06 Aug 2020 | AU$42.1b | AU$4.5b | -AU$10,777,039.14 | 36.4x |
| Sun, 10 May 2020 | AU$37.5b | AU$4.5b | -AU$54,588,577.97 | 37.1x |
| Sat, 01 Feb 2020 | AU$42.9b | AU$4.2b | -AU$132,044,238.81 | 45.1x |
| Tue, 05 Nov 2019 | AU$38.3b | AU$3.9b | -AU$53,795,956.16 | 35.2x |
| Fri, 09 Aug 2019 | AU$39.1b | AU$3.6b | -AU$69,624,194.94 | 36.5x |
Median PE Ratio
37x
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FCL FINEOS Corporation Holdings | AU$1.80 | 12.2% +AU$62.3m | -52.5% | PS3.2x | |
| OCL Objective | AU$15.26 | 2.9% +AU$40.8m | 3.7% | PS82.5x | |
| IFM Infomedia | AU$1.72 | 4.2% +AU$26.3m | 24.6% | PS63.8x | |
| EVS Envirosuite | AU$0.17 | 6.5% +AU$12.5m | 43.5% | PS4x | |
| SYM Symbio Holdings | AU$4.40 | 3.3% +AU$11.9m | -16.2% | PS31.5x |
