Is Now The Time To Look At Buying Janison Education Group Limited (ASX:JAN)?
Aug 13
Australian (ASX) Software Industry Analysis
UpdatedAug 17, 2024
DataAggregated Company Financials
Companies81
- 7D4.9%
- 3M6.9%
- 1Y19.7%
- YTD26.3%
WiseTech Global is up 4.7%, leading the way for the Software industry, which has gained 7.1%. In the same time, Symbio Holdings was down 12%. In the last 12 months, the industry was up 18%. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the Australian Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 17 Aug 2024 | AU$77.4b | AU$7.3b | -AU$105,560,357.69 | 61.7x | -733.2x | 10.6x |
| Mon, 15 Jul 2024 | AU$85.3b | AU$7.7b | -AU$96,156,112.87 | 61.7x | -887.1x | 11x |
| Wed, 12 Jun 2024 | AU$83.5b | AU$7.8b | -AU$91,595,839.23 | 59.8x | -911.3x | 10.7x |
| Fri, 10 May 2024 | AU$81.4b | AU$7.6b | -AU$323,098,107.30 | 62.3x | -251.9x | 10.7x |
| Sun, 07 Apr 2024 | AU$78.2b | AU$7.6b | -AU$384,092,725.00 | 61.5x | -203.7x | 10.3x |
| Tue, 05 Mar 2024 | AU$82.0b | AU$7.7b | -AU$441,256,817.14 | 61.7x | -185.7x | 10.6x |
| Thu, 01 Feb 2024 | AU$69.5b | AU$8.4b | -AU$1,048,437,301.00 | 60.4x | -66.3x | 8.3x |
| Sat, 30 Dec 2023 | AU$70.1b | AU$8.4b | -AU$1,047,058,271.00 | 59.9x | -66.9x | 8.4x |
| Mon, 27 Nov 2023 | AU$62.8b | AU$8.4b | -AU$1,049,904,570.00 | 57.9x | -59.8x | 7.5x |
| Wed, 25 Oct 2023 | AU$61.9b | AU$8.1b | -AU$1,118,907,575.00 | 55.1x | -55.3x | 7.7x |
| Fri, 22 Sep 2023 | AU$66.8b | AU$8.1b | -AU$1,117,552,647.00 | 60.7x | -59.8x | 8.3x |
| Sun, 20 Aug 2023 | AU$71.8b | AU$7.8b | -AU$841,835,919.00 | 49.3x | -85.3x | 9.2x |
| Tue, 18 Jul 2023 | AU$72.5b | AU$7.7b | -AU$889,201,543.00 | 48x | -81.5x | 9.4x |
| Thu, 15 Jun 2023 | AU$68.7b | AU$7.7b | -AU$893,780,227.00 | 49.3x | -76.9x | 8.9x |
| Sat, 13 May 2023 | AU$63.0b | AU$7.5b | -AU$877,520,590.00 | 47x | -71.8x | 8.4x |
| Mon, 10 Apr 2023 | AU$60.8b | AU$7.5b | -AU$873,044,541.00 | 43.8x | -69.7x | 8.1x |
| Wed, 08 Mar 2023 | AU$58.2b | AU$7.4b | -AU$860,449,983.00 | 45x | -67.6x | 7.8x |
| Fri, 03 Feb 2023 | AU$60.4b | AU$7.1b | -AU$702,500,263.00 | 53.7x | -85.9x | 8.5x |
| Sun, 01 Jan 2023 | AU$52.5b | AU$7.1b | -AU$713,702,941.00 | 49.3x | -73.5x | 7.4x |
| Tue, 29 Nov 2022 | AU$54.8b | AU$7.1b | -AU$727,870,516.00 | 53.4x | -75.3x | 7.8x |
| Thu, 27 Oct 2022 | AU$55.3b | AU$6.9b | -AU$711,468,513.00 | 46.7x | -77.7x | 8x |
| Sat, 24 Sep 2022 | AU$53.1b | AU$6.8b | -AU$658,378,775.00 | 47x | -80.6x | 7.8x |
| Mon, 22 Aug 2022 | AU$57.7b | AU$6.5b | -AU$575,205,768.00 | 38.1x | -100.3x | 8.9x |
| Wed, 20 Jul 2022 | AU$51.6b | AU$6.4b | -AU$468,156,670.00 | 25.1x | -110.2x | 8x |
| Fri, 17 Jun 2022 | AU$45.1b | AU$6.4b | -AU$456,927,332.00 | 26.8x | -98.7x | 7.1x |
| Sun, 15 May 2022 | AU$50.9b | AU$6.3b | -AU$434,081,087.00 | 26.1x | -117.2x | 8x |
| Tue, 12 Apr 2022 | AU$59.0b | AU$6.1b | -AU$436,323,824.00 | 32.2x | -135.1x | 9.6x |
| Thu, 10 Mar 2022 | AU$57.3b | AU$6.2b | -AU$442,543,746.00 | 31.3x | -129.5x | 9.2x |
| Sat, 05 Feb 2022 | AU$61.1b | AU$5.7b | -AU$142,661,271.00 | 43.3x | -428.6x | 10.7x |
| Mon, 03 Jan 2022 | AU$73.4b | AU$5.5b | -AU$153,485,753.00 | 39.7x | -478.4x | 13.4x |
| Wed, 01 Dec 2021 | AU$70.6b | AU$5.5b | -AU$148,186,707.00 | 11x | -476.6x | 12.8x |
| Fri, 29 Oct 2021 | AU$73.0b | AU$5.5b | -AU$132,133,299.00 | 43.6x | -552.3x | 13.3x |
| Sun, 26 Sep 2021 | AU$71.2b | AU$5.5b | -AU$135,466,917.00 | 45.1x | -525.5x | 12.9x |
| Tue, 24 Aug 2021 | AU$66.6b | AU$5.4b | -AU$118,915,907.78 | 44.4x | -559.9x | 12.4x |
Price to Earnings Ratio
-559.9x
Current Industry PE
- Investors are optimistic on the Australian Software industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 9.4x is lower than the industry's current PS ratio of 10.5x.
Past Earnings Growth
- The earnings for companies in the Software industry have improved over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Australian Tech industry?
| AU Market | 2.55% | |
| Tech | 5.25% | |
| Software | 4.90% | |
| Systems Software | 8.77% | |
| Application Software | 4.87% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 65% over the next 5 years.
- In contrast, the Application Software industry is expected to see its earnings grow by 29% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WTC WiseTech Global | AU$93.75 | 4.7% +AU$1.4b | 11.6% | PE140.5x | |
| XRO Xero | AU$140.66 | 6.7% +AU$1.4b | 23.1% | PE135.4x | |
| TNE Technology One | AU$22.44 | 5.8% +AU$400.9m | 54.5% | PE66.7x | |
| 360 Life360 | AU$17.97 | 2.3% +AU$91.2m | 120.0% | PS8.1x | |
| NXL Nuix | AU$3.49 | 8.0% +AU$84.2m | 149.3% | PS5.9x |
