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Canadian (TSX) IT Consulting Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies5
  • 7D-1.7%
  • 3M2.3%
  • 1Y10.2%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 1.8%, driven by a pullback from CGI of 1.7%. On the other hand Nerds on Site is actually up 40%. In the past year, the industry has gained 9.8%. As for the next few years, earnings are expected to grow by 9.9% per annum.

Industry Valuation and Performance

Has the Canadian IT Consulting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024CA$36.2bCA$17.8bCA$1.5b21x23.9x2x
Mon, 18 Nov 2024CA$35.0bCA$17.8bCA$1.5b20.2x23.1x2x
Wed, 16 Oct 2024CA$37.0bCA$17.7bCA$1.5b21.5x24.8x2.1x
Fri, 13 Sep 2024CA$36.2bCA$17.7bCA$1.5b21.1x24.3x2x
Sun, 11 Aug 2024CA$34.1bCA$17.7bCA$1.5b19.8x22.9x1.9x
Tue, 09 Jul 2024CA$32.4bCA$17.7bCA$1.6b19x20x1.8x
Thu, 06 Jun 2024CA$32.2bCA$17.7bCA$1.6b19.1x20.2x1.8x
Sat, 04 May 2024CA$33.2bCA$17.8bCA$1.6b13x20.9x1.9x
Mon, 01 Apr 2024CA$35.8bCA$17.8bCA$1.6b13.7x22.7x2x
Wed, 28 Feb 2024CA$37.2bCA$17.8bCA$1.6b22x23.7x2.1x
Fri, 26 Jan 2024CA$35.1bCA$17.6bCA$1.5b21x22.7x2x
Sun, 24 Dec 2023CA$34.0bCA$17.6bCA$1.5b20.2x22x1.9x
Tue, 21 Nov 2023CA$33.3bCA$17.6bCA$1.5b19.8x21.5x1.9x
Thu, 19 Oct 2023CA$32.3bCA$17.2bCA$1.5b30.6x21.2x1.9x
Sat, 16 Sep 2023CA$33.5bCA$17.2bCA$1.5b37.1x22x2x
Mon, 14 Aug 2023CA$33.2bCA$17.2bCA$1.5b34.3x21.6x1.9x
Wed, 12 Jul 2023CA$33.6bCA$16.7bCA$1.5b23.7x22.5x2x
Fri, 09 Jun 2023CA$33.3bCA$16.7bCA$1.5b23.8x22.3x2x
Sun, 07 May 2023CA$32.4bCA$16.5bCA$1.5b23.2x21.6x2x
Tue, 04 Apr 2023CA$31.8bCA$16.0bCA$1.4b25.8x22x2x
Thu, 02 Mar 2023CA$30.3bCA$16.1bCA$1.5b22.4x20.8x1.9x
Sat, 28 Jan 2023CA$28.3bCA$15.7bCA$1.4b25.1x19.6x1.8x
Mon, 26 Dec 2022CA$28.9bCA$15.7bCA$1.4b21.9x20x1.8x
Wed, 23 Nov 2022CA$28.2bCA$15.7bCA$1.5b20.4x19.4x1.8x
Fri, 21 Oct 2022CA$26.0bCA$15.2bCA$1.4b41x18.3x1.7x
Sun, 18 Sep 2022CA$25.8bCA$15.2bCA$1.4b37.8x18.1x1.7x
Tue, 16 Aug 2022CA$27.6bCA$15.2bCA$1.4b46x19.5x1.8x
Thu, 14 Jul 2022CA$27.0bCA$14.7bCA$1.4b65.3x19.5x1.8x
Sat, 11 Jun 2022CA$25.9bCA$14.6bCA$1.4b80.4x18.6x1.8x
Mon, 09 May 2022CA$26.6bCA$14.4bCA$1.4b63.2x18.9x1.8x
Wed, 06 Apr 2022CA$27.6bCA$14.2bCA$1.4b77.8x20x1.9x
Fri, 04 Mar 2022CA$27.9bCA$14.0bCA$1.4b108.7x20.3x2x
Sun, 30 Jan 2022CA$28.0bCA$13.9bCA$1.3b108.4x20.8x2x
Tue, 28 Dec 2021CA$29.9bCA$13.9bCA$1.3b122.7x22.2x2.2x
Price to Earnings Ratio

22.2x


Total Market Cap: CA$29.9bTotal Earnings: CA$1.3bTotal Revenue: CA$13.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 21.2x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian IT Consulting and Other Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.6x which is higher than its 3-year average PE of 21.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 3.9% per year over the last three years.
  • Revenues for these companies have grown 8.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian IT Consulting compare with similar industries?

CA Market-2.58%
Tech-3.42%
IT-1.76%
IT Consulting-1.75%
Data Processing Services0%
Internet Services and Infrastructure-19.15%
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
NERD Nerds on SiteCA$0.0740.0%
+CA$1.8m		16.7%PS0.6x
PVT PivotreeCA$0.771.3%
+CA$263.8k		-48.3%PS0.3x
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