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Canadian (TSX) IT Consulting Industry Analysis

UpdatedMar 16, 2024
DataAggregated Company Financials
Companies9
  • 7D0.2%
  • 3M11.3%
  • 1Y25.9%
  • YTDn/a

Last week, the IT Consulting industry hasn't moved much but Converge Technology Solutions is up 5.9% in that time. As for the the longer term, the industry is up 26% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 16 Mar 2024CA$38.0bCA$17.8bCA$1.6b14.3x24.1x2.1x
Mon, 12 Feb 2024CA$36.6bCA$17.8bCA$1.6b21.6x23.4x2.1x
Wed, 10 Jan 2024CA$33.7bCA$17.6bCA$1.5b20x21.7x1.9x
Fri, 08 Dec 2023CA$33.8bCA$17.6bCA$1.5b20.2x21.8x1.9x
Sun, 05 Nov 2023CA$32.7bCA$17.2bCA$1.5b36.8x21.5x1.9x
Tue, 03 Oct 2023CA$32.1bCA$17.2bCA$1.5b34.4x21.1x1.9x
Thu, 31 Aug 2023CA$33.6bCA$17.2bCA$1.5b34.8x22.1x2x
Sat, 29 Jul 2023CA$31.3bCA$17.0bCA$1.5b21.7x20.3x1.8x
Mon, 26 Jun 2023CA$32.2bCA$16.7bCA$1.5b22.3x21.6x1.9x
Wed, 24 May 2023CA$33.2bCA$16.6bCA$1.5b23.2x22x2x
Fri, 21 Apr 2023CA$32.0bCA$16.0bCA$1.4b24.4x22.1x2x
Sun, 19 Mar 2023CA$30.4bCA$16.0bCA$1.4b25.4x21.1x1.9x
Tue, 14 Feb 2023CA$31.0bCA$16.1bCA$1.5b25x21.3x1.9x
Thu, 12 Jan 2023CA$28.7bCA$15.7bCA$1.4b22.9x19.9x1.8x
Sat, 10 Dec 2022CA$28.7bCA$15.7bCA$1.5b22.4x19.8x1.8x
Mon, 07 Nov 2022CA$26.2bCA$15.2bCA$1.4b32.5x18.5x1.7x
Wed, 05 Oct 2022CA$27.0bCA$15.2bCA$1.4b43.2x19x1.8x
Fri, 02 Sep 2022CA$25.4bCA$15.2bCA$1.4b36.3x17.9x1.7x
Sun, 31 Jul 2022CA$27.8bCA$14.9bCA$1.4b73.6x19.7x1.9x
Tue, 28 Jun 2022CA$26.3bCA$14.7bCA$1.4b68.1x19x1.8x
Thu, 26 May 2022CA$27.2bCA$14.6bCA$1.4b84.8x19.5x1.9x
Sat, 23 Apr 2022CA$26.9bCA$14.2bCA$1.4b66.3x19.4x1.9x
Mon, 21 Mar 2022CA$27.9bCA$14.0bCA$1.4b120.1x20.3x2x
Wed, 16 Feb 2022CA$28.9bCA$14.0bCA$1.4b123.8x21x2.1x
Fri, 14 Jan 2022CA$28.3bCA$13.9bCA$1.3b111.1x21x2x
Sun, 12 Dec 2021CA$29.5bCA$13.9bCA$1.3b133.6x21.9x2.1x
Tue, 09 Nov 2021CA$30.4bCA$13.6bCA$1.3b45.6x24.2x2.2x
Thu, 07 Oct 2021CA$28.8bCA$13.6bCA$1.3b45.6x22.9x2.1x
Sat, 04 Sep 2021CA$31.3bCA$13.6bCA$1.3b49.1x25x2.3x
Mon, 02 Aug 2021CA$30.3bCA$13.6bCA$1.3b63.1x24.2x2.2x
Thu, 06 May 2021CA$28.2bCA$13.5bCA$1.2b24.8x24.1x2.1x
Price to Earnings Ratio

23.3x


Total Market Cap: CA$27.3bTotal Earnings: CA$1.2bTotal Revenue: CA$13.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 21.5x202220232024
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 24.2x which is higher than its 3-year average PE of 21.5x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 9.7% 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 Market0.43%
Tech-1.23%
IT0.24%
IT Consulting0.23%
Internet Services and Infrastructure6.23%
Data Processing Services0%
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
CTS Converge Technology SolutionsCA$5.745.9%
+CA$65.1m
41.0%PS0.4x
GIB.A CGICA$158.020.04%
+CA$13.8m
26.2%PE22.2x
ALYA Alithya GroupCA$2.084.5%
+CA$8.6m
-21.8%PS0.4x
GNFI genifiCA$0.015200.0%
+CA$1.4m
-80.0%PS1x
CISC CiscomCA$0.0823.1%
+CA$773.5k
n/an/a
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Latest News

CISC

CA$0.08

Ciscom

7D

23.1%

1Y

n/a

PVT

CA$1.55

Pivotree

7D

-6.1%

1Y

-56.9%

CTS

CA$5.74

Converge Technology Solutions

7D

5.9%

1Y

41.0%

NERD

CA$0.065

Nerds on Site

7D

8.3%

1Y

0%

HOLD

CA$0.11

Immutable Holdings

7D

-21.4%

1Y

-59.3%

SPTZ

CA$0.27

Spetz

7D

-10.0%

1Y

-82.0%

GNFI

CA$0.015

genifi

7D

200.0%

1Y

-80.0%