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Canadian (TSX) Application Software Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies71
- 7D-4.5%
- 3M3.8%
- 1Y30.1%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 4.7%, driven by Constellation Software declining 4.7%. Meanwhile, Tiny actually outperformed within the industry, gaining 23% in the last week. This takes the industry's 12 month performance to a gain of 33%. Earnings are forecast to grow by 29% 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, 21 Dec 2024 | CA$146.5b | CA$22.8b | -CA$2,174,431,936.32 | 26.1x | -67.4x | 6.4x |
| Mon, 18 Nov 2024 | CA$146.8b | CA$22.3b | -CA$2,152,579,480.04 | 22.1x | -68.2x | 6.6x |
| Wed, 16 Oct 2024 | CA$142.3b | CA$21.1b | -CA$2,300,621,124.11 | 21.9x | -61.9x | 6.7x |
| Fri, 13 Sep 2024 | CA$138.0b | CA$20.9b | -CA$2,273,646,983.82 | 22.4x | -60.7x | 6.6x |
| Sun, 11 Aug 2024 | CA$133.8b | CA$21.1b | -CA$2,321,200,699.46 | 32.5x | -57.6x | 6.3x |
| Tue, 09 Jul 2024 | CA$133.2b | CA$20.1b | -CA$3,141,324,219.69 | 44.1x | -42.4x | 6.6x |
| Thu, 06 Jun 2024 | CA$127.2b | CA$20.2b | -CA$3,135,184,228.03 | 38.6x | -40.6x | 6.3x |
| Sat, 04 May 2024 | CA$122.0b | CA$19.4b | -CA$3,314,048,273.63 | 35x | -36.8x | 6.3x |
| Mon, 01 Apr 2024 | CA$126.1b | CA$19.3b | -CA$3,932,762,209.64 | 22.2x | -32.1x | 6.5x |
| Wed, 28 Feb 2024 | CA$120.8b | CA$18.4b | -CA$1,906,175,092.48 | 23.6x | -63.4x | 6.5x |
| Fri, 26 Jan 2024 | CA$119.1b | CA$18.5b | -CA$3,180,317,798.00 | 26.3x | -37.4x | 6.4x |
| Sun, 24 Dec 2023 | CA$111.4b | CA$18.3b | -CA$3,235,934,253.00 | 27.2x | -34.4x | 6.1x |
| Tue, 21 Nov 2023 | CA$106.1b | CA$18.8b | -CA$3,398,833,939.00 | 30.3x | -31.2x | 5.6x |
| Thu, 19 Oct 2023 | CA$95.4b | CA$17.9b | -CA$3,399,599,678.00 | 44.3x | -28.1x | 5.3x |
| Sat, 16 Sep 2023 | CA$97.3b | CA$17.7b | -CA$3,362,385,903.00 | 43.6x | -28.9x | 5.5x |
| Mon, 14 Aug 2023 | CA$97.5b | CA$17.8b | -CA$3,401,544,040.00 | 42.3x | -28.7x | 5.5x |
| Wed, 12 Jul 2023 | CA$95.7b | CA$16.7b | -CA$2,919,028,799.00 | 61.6x | -32.8x | 5.7x |
| Fri, 09 Jun 2023 | CA$94.5b | CA$16.8b | -CA$2,974,571,121.00 | 68.2x | -31.8x | 5.6x |
| Sun, 07 May 2023 | CA$92.3b | CA$16.0b | -CA$2,316,670,096.00 | 51.1x | -39.8x | 5.8x |
| Tue, 04 Apr 2023 | CA$91.0b | CA$15.7b | -CA$2,373,233,734.00 | 31.2x | -38.4x | 5.8x |
| Thu, 02 Mar 2023 | CA$83.4b | CA$15.2b | -CA$2,319,289,450.00 | 30x | -36x | 5.5x |
| Sat, 28 Jan 2023 | CA$84.0b | CA$14.8b | -CA$503,726,795.00 | 25.3x | -166.7x | 5.7x |
| Mon, 26 Dec 2022 | CA$75.2b | CA$15.0b | -CA$509,253,849.00 | 27x | -147.7x | 5x |
| Wed, 23 Nov 2022 | CA$73.3b | CA$14.7b | -CA$476,258,503.00 | 28.9x | -154x | 5x |
| Fri, 21 Oct 2022 | CA$69.7b | CA$14.2b | -CA$225,821,965.00 | 29.2x | -308.7x | 4.9x |
| Sun, 18 Sep 2022 | CA$70.8b | CA$13.8b | -CA$251,047,213.00 | 20.4x | -282.1x | 5.1x |
| Tue, 16 Aug 2022 | CA$80.3b | CA$13.4b | CA$93.4m | 42.3x | 859.7x | 6x |
| Thu, 14 Jul 2022 | CA$70.1b | CA$12.7b | CA$655.3m | 27.2x | 107x | 5.5x |
| Sat, 11 Jun 2022 | CA$70.7b | CA$13.1b | CA$173.0m | 34.8x | 408.9x | 5.4x |
| Mon, 09 May 2022 | CA$75.7b | CA$12.9b | CA$279.4m | 44.7x | 270.8x | 5.9x |
| Wed, 06 Apr 2022 | CA$92.5b | CA$12.0b | -CA$2,633,443,408.00 | 23.6x | -35.1x | 7.7x |
| Fri, 04 Mar 2022 | CA$86.0b | CA$11.6b | -CA$2,502,712,340.00 | 18.6x | -34.4x | 7.4x |
| Sun, 30 Jan 2022 | CA$83.4b | CA$10.8b | -CA$2,591,994,549.00 | 47.9x | -32.2x | 7.7x |
| Tue, 28 Dec 2021 | CA$98.2b | CA$10.8b | -CA$2,621,106,159.00 | 55.1x | -37.5x | 9.1x |
Price to Earnings Ratio
-37.5x
Current Industry PE
- Investors are relatively neutral on the Canadian Application Software industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 6.1x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have improved over the last three years.
- Revenues for these companies have grown 28% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Canadian Application Software compare with similar industries?
| CA Market | -2.58% | |
| Tech | -3.42% | |
| Software | -3.96% | |
| Application Software | -4.47% | |
| Systems Software | 23.43% | |
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 | |
|---|---|---|---|---|---|
| TINY Tiny | CA$1.51 | 16.2% +CA$39.4m | -39.6% | PS1.4x | |
| CVO Coveo Solutions | CA$6.87 | 4.2% +CA$27.3m | -29.5% | PS3.6x | |
| CTRL Edge Total Intelligence | CA$0.70 | 18.6% +CA$7.7m | 42.9% | PS10.5x | |
| NDA Neptune Digital Assets | CA$1.14 | 3.6% +CA$5.1m | 185.0% | PE59.7x | |
| ZOMD Zoomd Technologies | CA$0.80 | 6.7% +CA$4.9m | 1,130.8% | PE9.4x |
