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Canadian (TSX) Application Software Industry Analysis

UpdatedApr 14, 2025
DataAggregated Company Financials
Companies67
  • 7D4.1%
  • 3M1.3%
  • 1Y17.1%
  • YTDn/a

Over the last 7 days, the Application Software industry has risen 4.1%, driven by gains from Constellation Software of 4.7%. In the last 12 months, the industry was up 17%. Earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

Has the Canadian Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Apr 2025CA$144.0bCA$22.9bCA$470.1m24.1x306.3x6.3x
Thu, 13 Mar 2025CA$148.2bCA$23.5bCA$328.9m21x450.5x6.3x
Sat, 08 Feb 2025CA$158.2bCA$22.7b-CA$2,146,452,156.7621.8x-73.7x7x
Mon, 06 Jan 2025CA$148.3bCA$22.9b-CA$2,182,231,670.8323.3x-67.9x6.5x
Wed, 04 Dec 2024CA$156.4bCA$22.3b-CA$2,136,112,805.5024.9x-73.2x7x
Fri, 01 Nov 2024CA$141.6bCA$21.3b-CA$2,323,487,071.6721.9x-60.9x6.6x
Sun, 29 Sep 2024CA$140.4bCA$20.8b-CA$2,261,926,216.2422.1x-62.1x6.8x
Tue, 27 Aug 2024CA$139.9bCA$20.8b-CA$2,278,259,534.5522.6x-61.4x6.7x
Thu, 25 Jul 2024CA$141.6bCA$20.4b-CA$3,184,917,140.7945.6x-44.5x6.9x
Sat, 22 Jun 2024CA$126.4bCA$20.2b-CA$3,135,504,847.9534.2x-40.3x6.3x
Mon, 20 May 2024CA$126.6bCA$20.0b-CA$3,171,571,921.1335.7x-39.9x6.3x
Wed, 17 Apr 2024CA$123.0bCA$19.6b-CA$4,016,225,815.2826.8x-30.6x6.3x
Fri, 15 Mar 2024CA$121.0bCA$19.3b-CA$3,939,902,111.7623.1x-30.7x6.3x
Sun, 11 Feb 2024CA$118.4bCA$18.2b-CA$2,044,255,287.4222.2x-57.9x6.5x
Tue, 09 Jan 2024CA$110.0bCA$18.3b-CA$3,159,546,032.0027.3x-34.8x6x
Thu, 07 Dec 2023CA$109.7bCA$18.8b-CA$3,447,172,844.0026.3x-31.8x5.8x
Sat, 04 Nov 2023CA$97.8bCA$18.2b-CA$3,578,941,228.0054.6x-27.3x5.4x
Mon, 02 Oct 2023CA$95.8bCA$17.8b-CA$3,374,948,736.0042.5x-28.4x5.4x
Wed, 30 Aug 2023CA$98.1bCA$17.8b-CA$3,370,103,867.0044.2x-29.1x5.5x
Fri, 28 Jul 2023CA$98.7bCA$16.6b-CA$3,088,515,368.0060x-32x5.9x
Sun, 25 Jun 2023CA$94.3bCA$16.6b-CA$2,961,352,236.0060x-31.9x5.7x
Tue, 23 May 2023CA$95.9bCA$16.8b-CA$2,193,820,317.0065x-43.7x5.7x
Thu, 20 Apr 2023CA$91.7bCA$15.7b-CA$2,319,844,269.0023.6x-39.5x5.8x
Sat, 18 Mar 2023CA$84.6bCA$15.3b-CA$2,399,168,248.0027.6x-35.3x5.5x
Mon, 13 Feb 2023CA$84.5bCA$15.0b-CA$2,056,532,468.0029.6x-41.1x5.6x
Wed, 11 Jan 2023CA$79.5bCA$14.9b-CA$511,194,368.0023.2x-155.5x5.3x
Fri, 09 Dec 2022CA$74.1bCA$15.0b-CA$524,836,711.0026.3x-141.1x4.9x
Sun, 06 Nov 2022CA$67.8bCA$14.1b-CA$271,836,826.0018.4x-249.4x4.8x
Tue, 04 Oct 2022CA$72.1bCA$14.1b-CA$231,375,565.0028.9x-311.7x5.1x
Thu, 01 Sep 2022CA$73.4bCA$13.7b-CA$233,927,740.0019.5x-313.9x5.4x
Sat, 30 Jul 2022CA$78.1bCA$12.6bCA$546.1m37x143.1x6.2x
Mon, 27 Jun 2022CA$72.9bCA$12.7bCA$731.1m34.3x99.7x5.8x
Wed, 25 May 2022CA$72.4bCA$13.1bCA$272.1m43.4x266x5.5x
Fri, 22 Apr 2022CA$82.8bCA$12.1b-CA$2,656,810,811.0024.5x-31.2x6.8x
Price to Earnings Ratio

-31.2x


Total Market Cap: CA$82.8bTotal Earnings: -CA$2,656,810,811.00Total Revenue: CA$12.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Application Software Industry Price to Earnings3Y Average -33.4x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Application Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 306x which is higher than its 3-year average PE of -33.7x.
  • The industry is trading close to its 3-year average PS ratio of 6.0x.
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 24% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Canadian Application Software compare with similar industries?

CA Market2.97%
Tech4.20%
Software4.15%
Application Software4.11%
Systems Software5.60%
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
CSU Constellation SoftwareCA$4.57k5.1%
+CA$4.7b
27.2%PE95.4x
TOI Topicus.comCA$151.5010.4%
+CA$1.2b
25.2%PE86.8x
DSG Descartes Systems GroupCA$140.953.5%
+CA$413.5m
17.1%PE60.7x
KXS KinaxisCA$166.266.7%
+CA$295.8m
10.7%PE60225.5x
LSPD Lightspeed CommerceCA$12.6711.7%
+CA$194.7m
-28.9%PS1.3x
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Latest News

CSU

CA$4,565.00

Constellation Software

7D

5.1%

1Y

27.2%

DCBO

CA$41.08

Docebo

7D

6.1%

1Y

-31.2%

LSPK

CA$0.22

LifeSpeak

7D

-30.2%

1Y

-61.4%

LSPD

CA$12.67

Lightspeed Commerce

7D

11.7%

1Y

-28.9%

DSG

CA$140.95

Descartes Systems Group

7D

3.5%

1Y

17.1%

THNC

CA$2.32

Thinkific Labs

7D

-9.4%

1Y

-40.2%

SATO

CA$0.12

SATO Technologies

7D

-20.7%

1Y

-72.3%

LMN

CA$39.44

Lumine Group

7D

-3.0%

1Y

5.2%

TOI

CA$151.50

Topicus.com

7D

10.4%

1Y

25.2%

KXS

CA$166.26

Kinaxis

7D

6.7%

1Y

10.7%

ISGI

CA$0.015

InsuraGuest Technologies

7D

-50.0%

1Y

0%

CLTE

CA$1.70

Clara Technologies

7D

-15.0%

1Y

2,990.9%