01 Quantum (CVE:ONE) Is In A Good Position To Deliver On Growth Plans
Jan 23
Have your own idea? Try our Stock Screener
Canadian (TSX) Application Software Industry Analysis
UpdatedJan 24, 2026
DataAggregated Company Financials
Companies72
- 7D-3.3%
- 3M-24.9%
- 1Y-33.6%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 5.7%, driven by a pullback from Constellation Software of 7.2%. In contrast, Topicus.com has gained 6.1%. The industry has fallen 34% in the last year. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Canadian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 24 Jan 2026 | CA$100.4b | CA$25.1b | CA$126.1m | 39.8x | 796.3x | 4x |
| Mon, 22 Dec 2025 | CA$117.7b | CA$25.2b | CA$138.4m | 40.1x | 850.1x | 4.7x |
| Wed, 19 Nov 2025 | CA$110.9b | CA$25.4b | CA$204.5m | 45.3x | 542.2x | 4.4x |
| Fri, 17 Oct 2025 | CA$138.4b | CA$24.7b | CA$237.5m | 54.3x | 582.6x | 5.6x |
| Sun, 14 Sep 2025 | CA$148.9b | CA$24.3b | CA$236.0m | 65.1x | 631x | 6.1x |
| Tue, 12 Aug 2025 | CA$154.8b | CA$24.1b | CA$147.7m | 49.3x | 1047.4x | 6.4x |
| Thu, 10 Jul 2025 | CA$161.4b | CA$23.2b | CA$170.3m | 41.3x | 947.8x | 6.9x |
| Sat, 07 Jun 2025 | CA$158.3b | CA$23.2b | CA$171.8m | 38.3x | 921.4x | 6.8x |
| Mon, 05 May 2025 | CA$159.4b | CA$22.8b | CA$920.7m | 32.2x | 173.1x | 7x |
| Wed, 02 Apr 2025 | CA$144.9b | CA$23.5b | CA$447.7m | 26.9x | 323.6x | 6.2x |
| Fri, 28 Feb 2025 | CA$156.0b | CA$23.0b | -CA$2,132,757,272.88 | 26.4x | -73.2x | 6.8x |
| Sun, 26 Jan 2025 | CA$152.1b | CA$22.8b | -CA$2,167,585,525.35 | 26x | -70.2x | 6.7x |
| Tue, 24 Dec 2024 | CA$147.3b | CA$22.8b | -CA$2,174,809,684.18 | 26.1x | -67.7x | 6.5x |
| Thu, 21 Nov 2024 | CA$147.2b | CA$22.2b | -CA$2,138,770,881.26 | 22.8x | -68.8x | 6.6x |
| Sat, 19 Oct 2024 | CA$143.1b | CA$21.2b | -CA$2,304,083,163.34 | 22.1x | -62.1x | 6.8x |
| Mon, 16 Sep 2024 | CA$138.8b | CA$20.9b | -CA$2,275,441,490.95 | 22.1x | -61x | 6.6x |
| Wed, 14 Aug 2024 | CA$130.7b | CA$21.1b | -CA$2,283,882,399.44 | 32.4x | -57.2x | 6.2x |
| Fri, 12 Jul 2024 | CA$135.8b | CA$20.1b | -CA$3,139,939,295.15 | 44.4x | -43.3x | 6.7x |
| Sun, 09 Jun 2024 | CA$128.6b | CA$20.3b | -CA$3,150,459,846.50 | 38.1x | -40.8x | 6.3x |
| Tue, 07 May 2024 | CA$127.4b | CA$19.4b | -CA$3,317,129,552.48 | 35.4x | -38.4x | 6.6x |
| Thu, 04 Apr 2024 | CA$123.8b | CA$19.3b | -CA$3,934,520,289.83 | 22.7x | -31.5x | 6.4x |
| Sat, 02 Mar 2024 | CA$121.1b | CA$18.5b | -CA$1,913,966,894.34 | 22.3x | -63.3x | 6.5x |
| Mon, 29 Jan 2024 | CA$120.4b | CA$18.4b | -CA$3,174,432,528.00 | 26.8x | -37.9x | 6.5x |
| Wed, 27 Dec 2023 | CA$111.4b | CA$18.3b | -CA$3,227,634,945.00 | 27.2x | -34.5x | 6.1x |
| Fri, 24 Nov 2023 | CA$106.4b | CA$18.8b | -CA$3,395,745,259.00 | 40.7x | -31.3x | 5.7x |
| Sun, 22 Oct 2023 | CA$95.0b | CA$17.9b | -CA$3,395,431,595.00 | 43.2x | -28x | 5.3x |
| Tue, 19 Sep 2023 | CA$98.5b | CA$17.7b | -CA$3,357,274,938.00 | 43.2x | -29.3x | 5.6x |
| Thu, 17 Aug 2023 | CA$96.5b | CA$17.8b | -CA$3,353,743,663.00 | 42.4x | -28.8x | 5.4x |
| Sat, 15 Jul 2023 | CA$97.9b | CA$16.7b | -CA$2,912,573,582.00 | 62.3x | -33.6x | 5.9x |
| Mon, 12 Jun 2023 | CA$94.6b | CA$16.8b | -CA$2,973,763,594.00 | 67.4x | -31.8x | 5.6x |
| Wed, 10 May 2023 | CA$93.4b | CA$16.0b | -CA$2,314,559,429.00 | 51.6x | -40.4x | 5.8x |
| Fri, 07 Apr 2023 | CA$91.7b | CA$15.7b | -CA$2,363,351,802.00 | 32x | -38.8x | 5.8x |
| Sun, 05 Mar 2023 | CA$84.5b | CA$15.2b | -CA$2,301,355,920.00 | 30.6x | -36.7x | 5.5x |
| Tue, 31 Jan 2023 | CA$82.8b | CA$14.8b | -CA$510,839,597.00 | 25.3x | -162.1x | 5.6x |
Price to Earnings Ratio
-162.1x
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 779x which is higher than its 3-year average PE of 164x.
- The 3-year average PS ratio of 6.1x is higher than the industry's current PS ratio of 4.0x.
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 19% 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 Market | 1.16% | |
| Tech | -3.62% | |
| Software | -3.47% | |
| Application Software | -3.31% | |
| Systems Software | -6.87% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LMN Lumine Group | CA$24.59 | 1.2% +CA$74.4m | -37.9% | PE46.7x | |
| MKT DeepMarkit | CA$0.74 | 32.1% +CA$11.0m | 1,380.0% | PE-153.8x | |
| ONE 01 Quantum | CA$0.72 | 12.5% +CA$8.7m | 80.0% | PS101.5x | |
| APP Global Compliance Applications | CA$0.015 | 200.0% +CA$3.6m | 200.0% | PS452.6x | |
| QBTQ SuperQ Quantum Computing | CA$1.21 | 9.0% +CA$3.3m | 384.0% | PB77.8x |
