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Canadian (TSX) Application Software Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies75
  • 7D-1.5%
  • 3M14.4%
  • 1Y39.0%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 1.5%, driven by a pullback from Constellation Software of 1.2%. On the other hand Dye & Durham is actually up 8.6%. This takes the industry's 12 month performance to a gain of 39%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024CA$120.1bCA$19.3b-CA$3,939,653,674.9622.3x-30.5x6.2x
Wed, 14 Feb 2024CA$115.3bCA$18.4b-CA$1,944,378,799.5122.3x-59.3x6.3x
Fri, 12 Jan 2024CA$114.1bCA$18.4b-CA$3,168,231,203.0027.6x-36x6.2x
Sun, 10 Dec 2023CA$111.0bCA$18.8b-CA$3,446,219,330.0025.8x-32.2x5.9x
Tue, 07 Nov 2023CA$97.8bCA$18.2b-CA$3,584,507,668.0055.5x-27.3x5.4x
Thu, 05 Oct 2023CA$95.1bCA$17.9b-CA$3,408,673,849.0041.9x-27.9x5.3x
Sat, 02 Sep 2023CA$100.1bCA$17.8b-CA$3,336,537,593.0045.3x-30x5.6x
Mon, 31 Jul 2023CA$99.1bCA$16.6b-CA$3,096,722,922.0060.5x-32x6x
Wed, 28 Jun 2023CA$95.8bCA$16.6b-CA$2,959,085,108.0060.5x-32.4x5.8x
Fri, 26 May 2023CA$92.3bCA$16.9b-CA$3,098,720,798.0066x-29.8x5.5x
Sun, 23 Apr 2023CA$93.3bCA$16.1b-CA$2,291,989,141.0028.9x-40.7x5.8x
Tue, 21 Mar 2023CA$85.8bCA$15.3b-CA$2,372,608,530.0027.6x-36.2x5.6x
Thu, 16 Feb 2023CA$86.6bCA$15.0b-CA$2,092,662,659.0030.2x-41.4x5.8x
Sat, 14 Jan 2023CA$80.3bCA$14.8b-CA$511,440,025.0023.6x-157x5.4x
Mon, 12 Dec 2022CA$75.0bCA$15.0b-CA$524,261,089.0027.3x-143.2x5x
Wed, 09 Nov 2022CA$67.8bCA$14.7b-CA$234,119,194.0017.9x-289.8x4.6x
Fri, 07 Oct 2022CA$72.6bCA$14.2b-CA$228,860,211.0028.9x-317.2x5.1x
Sun, 04 Sep 2022CA$72.5bCA$13.7b-CA$252,786,554.0030.7x-286.8x5.3x
Tue, 02 Aug 2022CA$78.1bCA$12.6bCA$548.5m36.9x142.5x6.2x
Thu, 30 Jun 2022CA$70.9bCA$12.6bCA$727.3m35.9x97.4x5.6x
Sat, 28 May 2022CA$74.4bCA$13.1bCA$273.7m45.1x271.7x5.7x
Mon, 25 Apr 2022CA$80.6bCA$12.3b-CA$2,672,659,930.0023.6x-30.1x6.6x
Wed, 23 Mar 2022CA$90.3bCA$11.6b-CA$2,615,918,832.0021.2x-34.5x7.8x
Fri, 18 Feb 2022CA$85.7bCA$11.6b-CA$2,587,261,872.0047.3x-33.1x7.4x
Sun, 16 Jan 2022CA$87.6bCA$10.6b-CA$2,607,252,142.0049.2x-33.6x8.2x
Tue, 14 Dec 2021CA$93.9bCA$10.8b-CA$2,618,677,635.0054x-35.9x8.7x
Thu, 11 Nov 2021CA$105.8bCA$10.3b-CA$2,664,950,767.0051x-39.7x10.3x
Sat, 09 Oct 2021CA$100.5bCA$9.6b-CA$2,599,486,233.0042.3x-38.7x10.5x
Mon, 06 Sep 2021CA$110.3bCA$9.4b-CA$2,672,027,645.5546x-41.3x11.7x
Wed, 04 Aug 2021CA$92.6bCA$9.4b-CA$2,619,587,677.5535x-35.4x9.8x
Sat, 08 May 2021CA$78.1bCA$7.7bCA$261.4m47.2x298.9x10.2x
Price to Earnings Ratio

292.5x


Total Market Cap: CA$77.2bTotal Earnings: CA$263.9mTotal Revenue: CA$7.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Application Software Industry Price to Earnings3Y Average -15.2x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 6.2x.
Past Earnings Growth
  • Total earnings for the Application Software industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 36% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Canadian Application Software compare with similar industries?

CA Market0.35%
Tech-1.07%
Software-1.60%
Application Software-1.53%
Systems Software-3.93%
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
DND Dye & DurhamCA$15.078.6%
+CA$79.6m
-17.4%PS2.2x
DSG Descartes Systems GroupCA$125.080.7%
+CA$75.8m
16.9%PE67.9x
KXS KinaxisCA$149.421.6%
+CA$66.9m
-16.4%PE310.7x
CVO Coveo SolutionsCA$10.14-3.9%
CA$38.6m
44.9%PS6.7x
TCXT TrueContextCA$1.0537.3%
+CA$38.1m
110.0%PS4.4x
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Latest News

CMG

CA$10.03

Computer Modelling Group

7D

-2.6%

1Y

48.6%

CSU

CA$3,750.81

Constellation Software

7D

-1.2%

1Y

57.6%

LABZ

CA$0.95

Metasphere Labs

7D

53.2%

1Y

-57.8%

KXS

CA$149.42

Kinaxis

7D

1.6%

1Y

-16.4%

GRDI

CA$1.75

Griid Infrastructure

7D

-30.0%

1Y

-87.6%

TCXT

CA$1.05

TrueContext

7D

37.3%

1Y

110.0%

DSG

CA$125.08

Descartes Systems Group

7D

0.7%

1Y

16.9%

CVO

CA$10.14

Coveo Solutions

7D

-3.9%

1Y

44.9%

LMN

CA$33.31

Lumine Group

7D

-8.7%

1Y

n/a

BITF

CA$3.05

Bitfarms

7D

-5.6%

1Y

144.0%

TOI

CA$119.13

Topicus.com

7D

-2.9%

1Y

35.5%

DND

CA$15.07

Dye & Durham

7D

8.6%

1Y

-17.4%