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Australian (ASX) Application Software Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies66
- 7D3.3%
- 3M11.2%
- 1Y65.8%
- YTDn/a
In the last week, the Application Software industry is up 1.9%, with Xero up 6.2%. In the same time, Nuix was down 17%. This takes the industry's 12 month performance to a gain of 69%. As for the next few years, earnings are expected to grow by 27% 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, 02 Feb 2025 | AU$100.5b | AU$7.5b | AU$362.8m | 70.9x | 277x | 13.4x |
| Tue, 31 Dec 2024 | AU$97.8b | AU$7.6b | AU$347.0m | 68.2x | 281.9x | 12.9x |
| Thu, 28 Nov 2024 | AU$99.4b | AU$7.5b | AU$359.5m | 64.9x | 276.5x | 13.2x |
| Sat, 26 Oct 2024 | AU$87.3b | AU$7.2b | AU$282.9m | 65.8x | 308.5x | 12x |
| Mon, 23 Sep 2024 | AU$92.4b | AU$7.3b | AU$277.8m | 67.9x | 332.5x | 12.7x |
| Wed, 21 Aug 2024 | AU$78.1b | AU$7.2b | AU$169.7m | 66.4x | 460.4x | 10.9x |
| Fri, 19 Jul 2024 | AU$83.5b | AU$7.6b | AU$84,255.93 | 60.3x | 991287.4x | 11x |
| Sun, 16 Jun 2024 | AU$82.1b | AU$7.7b | AU$4.6m | 59.8x | 18010.5x | 10.7x |
| Tue, 14 May 2024 | AU$80.9b | AU$7.4b | -AU$220,441,692.41 | 61.8x | -366.8x | 10.9x |
| Thu, 11 Apr 2024 | AU$77.8b | AU$7.5b | -AU$272,943,656.31 | 66.4x | -285x | 10.4x |
| Sat, 09 Mar 2024 | AU$81.4b | AU$7.5b | -AU$287,832,535.98 | 61x | -282.8x | 10.9x |
| Mon, 05 Feb 2024 | AU$70.0b | AU$8.2b | -AU$927,840,649.00 | 61.1x | -75.5x | 8.6x |
| Wed, 03 Jan 2024 | AU$69.4b | AU$8.1b | -AU$925,428,043.00 | 60.1x | -75x | 8.6x |
| Fri, 01 Dec 2023 | AU$64.5b | AU$8.1b | -AU$927,159,453.00 | 58.7x | -69.5x | 7.9x |
| Sun, 29 Oct 2023 | AU$59.9b | AU$7.8b | -AU$995,611,176.00 | 54.4x | -60.2x | 7.7x |
| Tue, 26 Sep 2023 | AU$66.8b | AU$7.8b | -AU$994,404,786.00 | 60.3x | -67.2x | 8.6x |
| Thu, 24 Aug 2023 | AU$67.8b | AU$7.8b | -AU$857,803,284.00 | 52.5x | -79x | 8.7x |
| Sat, 22 Jul 2023 | AU$71.1b | AU$7.4b | -AU$760,202,374.00 | 47.5x | -93.5x | 9.6x |
| Mon, 19 Jun 2023 | AU$69.7b | AU$7.4b | -AU$767,030,931.00 | 49.5x | -90.9x | 9.4x |
| Wed, 17 May 2023 | AU$61.9b | AU$7.3b | -AU$710,884,121.00 | 45.9x | -87x | 8.5x |
| Fri, 14 Apr 2023 | AU$60.9b | AU$7.3b | -AU$726,417,749.00 | 46.5x | -83.8x | 8.4x |
| Sun, 12 Mar 2023 | AU$58.6b | AU$7.2b | -AU$733,317,991.00 | 46x | -80x | 8.1x |
| Tue, 07 Feb 2023 | AU$58.4b | AU$6.9b | -AU$563,452,969.00 | 54.5x | -103.7x | 8.5x |
| Thu, 05 Jan 2023 | AU$52.6b | AU$6.9b | -AU$565,406,701.00 | 49.7x | -93x | 7.6x |
| Sat, 03 Dec 2022 | AU$56.6b | AU$6.9b | -AU$578,335,994.00 | 55.5x | -97.8x | 8.2x |
| Mon, 31 Oct 2022 | AU$53.8b | AU$6.7b | -AU$566,015,790.00 | 47.4x | -95.1x | 8x |
| Wed, 28 Sep 2022 | AU$53.4b | AU$6.6b | -AU$518,650,979.00 | 46.7x | -103x | 8.1x |
| Fri, 26 Aug 2022 | AU$58.4b | AU$6.4b | -AU$440,736,632.00 | 35.9x | -132.4x | 9.2x |
| Sun, 24 Jul 2022 | AU$54.8b | AU$6.2b | -AU$360,902,675.00 | 25.4x | -151.9x | 8.8x |
| Tue, 21 Jun 2022 | AU$44.3b | AU$6.3b | -AU$354,205,937.00 | 27.1x | -124.9x | 7.1x |
| Thu, 19 May 2022 | AU$51.3b | AU$6.2b | -AU$335,319,806.00 | 25.9x | -153x | 8.3x |
| Sat, 16 Apr 2022 | AU$57.7b | AU$6.0b | -AU$339,754,884.00 | 31.8x | -169.9x | 9.6x |
| Mon, 14 Mar 2022 | AU$55.6b | AU$6.1b | -AU$344,689,983.00 | 31.6x | -161.3x | 9.2x |
| Wed, 09 Feb 2022 | AU$60.6b | AU$5.6b | -AU$83,565,099.00 | 42.8x | -724.9x | 10.8x |
Price to Earnings Ratio
-724.9x
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 275x which is lower than its 3-year average PE of 1kx.
- The 3-year average PS ratio of 9.6x is lower than the industry's current PS ratio of 13.3x.
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 10% 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 | 1.42% | |
| Tech | 2.13% | |
| Software | 3.31% | |
| Application Software | 3.28% | |
| Systems Software | 7.33% | |
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 | |
|---|---|---|---|---|---|
| XRO Xero | AU$183.27 | 6.2% +AU$1.6b | 63.2% | PE143.3x | |
| WTC WiseTech Global | AU$123.81 | 3.0% +AU$1.2b | 66.3% | PE156.3x | |
| TNE Technology One | AU$30.94 | 4.4% +AU$425.4m | 93.4% | PE85.8x | |
| DSE Dropsuite | AU$5.73 | 30.2% +AU$93.4m | 97.6% | PE394.3x | |
| 360 Life360 | AU$25.29 | 1.4% +AU$81.4m | 229.7% | PS10.4x |
