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Canadian (TSX) Application Software Industry Analysis

UpdatedMay 19, 2025
DataAggregated Company Financials
Companies64
  • 7D-0.4%
  • 3M3.7%
  • 1Y29.9%
  • YTDn/a

Last week, the Application Software industry hasn't moved much but Descartes Systems Group is up 6.1% in that time. The past year has been better, since the industry has gained 30% in that time. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 19 May 2025CA$164.0bCA$23.5bCA$958.7m33.1x171.1x7x
Wed, 16 Apr 2025CA$145.0bCA$23.0bCA$479.8m28.1x302.1x6.3x
Fri, 14 Mar 2025CA$149.7bCA$23.6bCA$331.0m21x452.1x6.3x
Sun, 09 Feb 2025CA$157.8bCA$22.7b-CA$2,146,449,512.4421.8x-73.5x7x
Tue, 07 Jan 2025CA$148.3bCA$22.7b-CA$2,166,777,878.8524.3x-68.4x6.5x
Thu, 05 Dec 2024CA$154.0bCA$22.3b-CA$2,121,534,375.6724.9x-72.6x6.9x
Sat, 02 Nov 2024CA$137.2bCA$21.4b-CA$2,320,534,413.7121.9x-59.1x6.4x
Mon, 30 Sep 2024CA$140.4bCA$20.8b-CA$2,261,926,216.2422.1x-62.1x6.8x
Wed, 28 Aug 2024CA$140.3bCA$20.8b-CA$2,271,530,200.3724.1x-61.8x6.8x
Fri, 26 Jul 2024CA$140.9bCA$20.4b-CA$3,187,599,789.9045x-44.2x6.9x
Sun, 23 Jun 2024CA$128.1bCA$20.2b-CA$3,135,504,847.9534.2x-40.8x6.3x
Tue, 21 May 2024CA$126.6bCA$20.0b-CA$3,172,692,939.2535.7x-39.9x6.3x
Thu, 18 Apr 2024CA$126.3bCA$19.6b-CA$4,004,199,903.7027.3x-31.5x6.5x
Sat, 16 Mar 2024CA$119.9bCA$19.3b-CA$3,943,660,972.7922.3x-30.4x6.2x
Mon, 12 Feb 2024CA$118.4bCA$18.2b-CA$2,044,255,287.4222.2x-57.9x6.5x
Wed, 10 Jan 2024CA$113.2bCA$18.4b-CA$3,168,770,835.0027.6x-35.7x6.2x
Fri, 08 Dec 2023CA$109.7bCA$18.8b-CA$3,447,697,712.0025.9x-31.8x5.8x
Sun, 05 Nov 2023CA$97.8bCA$18.2b-CA$3,578,941,228.0054.6x-27.3x5.4x
Tue, 03 Oct 2023CA$95.8bCA$17.9b-CA$3,392,505,773.0042.3x-28.2x5.4x
Thu, 31 Aug 2023CA$98.7bCA$17.8b-CA$3,357,135,147.0044.7x-29.4x5.5x
Sat, 29 Jul 2023CA$97.8bCA$16.6b-CA$3,096,723,058.0060.5x-31.6x5.9x
Mon, 26 Jun 2023CA$94.3bCA$16.6b-CA$2,961,352,236.0060x-31.9x5.7x
Wed, 24 May 2023CA$92.7bCA$16.8b-CA$3,083,904,005.0066.6x-30.1x5.5x
Fri, 21 Apr 2023CA$92.1bCA$15.7b-CA$2,322,668,437.0023.2x-39.7x5.9x
Sun, 19 Mar 2023CA$84.6bCA$15.3b-CA$2,379,149,659.0027.6x-35.6x5.5x
Tue, 14 Feb 2023CA$85.1bCA$15.0b-CA$2,086,155,014.0029.2x-40.8x5.7x
Thu, 12 Jan 2023CA$79.3bCA$14.9b-CA$511,102,346.0023.2x-155.1x5.3x
Sat, 10 Dec 2022CA$75.0bCA$15.0b-CA$524,261,089.0027.3x-143.2x5x
Mon, 07 Nov 2022CA$67.9bCA$14.8b-CA$233,563,290.0018.4x-290.9x4.6x
Wed, 05 Oct 2022CA$74.8bCA$14.1b-CA$233,419,843.0028.9x-320.3x5.3x
Fri, 02 Sep 2022CA$72.5bCA$13.7b-CA$244,335,455.0019.2x-296.7x5.3x
Sun, 31 Jul 2022CA$78.1bCA$12.6bCA$546.1m37x143.1x6.2x
Tue, 28 Jun 2022CA$72.1bCA$12.6bCA$728.5m33.2x99x5.7x
Thu, 26 May 2022CA$72.7bCA$13.1bCA$269.7m43.4x269.7x5.6x
Price to Earnings Ratio

269.7x


Total Market Cap: CA$72.7bTotal Earnings: CA$269.7mTotal Revenue: CA$13.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Application Software Industry Price to Earnings3Y Average -28.7x202320242025
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 171x which is higher than its 3-year average PE of -28.7x.
  • The 3-year average PS ratio of 6.0x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 53% per year over the last three years.
  • Revenues for these companies have grown 22% 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 Application Software compare with similar industries?

CA Market1.46%
Tech1.32%
Software-0.35%
Application Software-0.44%
Systems Software2.90%
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
LMN Lumine GroupCA$49.402.9%
+CA$359.3m
28.3%PE137x
LSPD Lightspeed CommerceCA$15.153.2%
+CA$68.8m
-27.8%PS1.5x
HIVE HIVE Digital TechnologiesCA$2.8810.8%
+CA$43.5m
-13.0%PS2.6x
DSG Descartes Systems GroupCA$158.780.3%
+CA$41.1m
19.1%PE67.9x
ENGH Enghouse SystemsCA$26.662.7%
+CA$39.2m
-8.0%PE17.3x
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