Quorum Information Technologies (CVE:QIS) Takes On Some Risk With Its Use Of Debt
Jun 07
Canadian (TSX) Systems Software Industry Analysis
UpdatedJun 08, 2023
DataAggregated Company Financials
Companies17
- 7D-1.8%
- 3M33.2%
- 1Y-12.8%
- YTD44.9%
The Systems Software industry is up 2.7% in the last week, with VERSES AI up 20%. Meanwhile, BlackBerry actually underperformed within the industry, shrinking 5.1% in the last week. In contrast, the industry has lost 12% in the last 12 months. Earnings are forecast to grow by 91% annually.
Industry Valuation and Performance
Has the Canadian Systems Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Jun 2023 | CA$5.4b | CA$1.3b | -CA$991,682,790.00 | 86x | -5.4x | 4.3x |
| Sat, 06 May 2023 | CA$4.7b | CA$1.2b | -CA$990,714,989.00 | 73.8x | -4.7x | 3.8x |
| Mon, 03 Apr 2023 | CA$4.4b | CA$1.2b | -CA$978,147,689.00 | 45.3x | -4.5x | 3.5x |
| Wed, 01 Mar 2023 | CA$3.9b | CA$1.3b | -CA$164,042,136.00 | 47.6x | -23.7x | 3x |
| Fri, 27 Jan 2023 | CA$4.1b | CA$1.3b | -CA$161,222,465.00 | 50.4x | -25.5x | 3.2x |
| Sun, 25 Dec 2022 | CA$3.5b | CA$1.3b | -CA$164,069,478.00 | 50x | -21.2x | 2.7x |
| Tue, 22 Nov 2022 | CA$4.4b | CA$1.3b | -CA$55,739,541.00 | 37.4x | -79x | 3.4x |
| Thu, 20 Oct 2022 | CA$4.2b | CA$1.3b | -CA$57,022,150.00 | 75.7x | -73.6x | 3.2x |
| Sat, 17 Sep 2022 | CA$5.3b | CA$1.3b | -CA$175,134,139.00 | 76.6x | -30x | 4.1x |
| Mon, 15 Aug 2022 | CA$6.0b | CA$1.2b | -CA$168,477,356.00 | 56.1x | -35.8x | 4.9x |
| Wed, 13 Jul 2022 | CA$5.1b | CA$1.2b | -CA$142,572,506.00 | 70.4x | -35.9x | 4.2x |
| Fri, 10 Jun 2022 | CA$5.2b | CA$1.2b | CA$10.3m | 99.2x | 501.7x | 4.3x |
| Sun, 08 May 2022 | CA$5.1b | CA$1.2b | -CA$43,460,631.00 | 89.7x | -116.2x | 4.1x |
| Tue, 05 Apr 2022 | CA$6.1b | CA$1.2b | -CA$43,211,902.00 | 123.6x | -141.4x | 5.1x |
| Thu, 03 Mar 2022 | CA$6.1b | CA$1.2b | -CA$623,450,482.00 | 102.1x | -9.7x | 4.9x |
| Sat, 29 Jan 2022 | CA$7.0b | CA$1.2b | -CA$625,475,605.00 | 66x | -11.2x | 5.7x |
| Mon, 27 Dec 2021 | CA$8.5b | CA$1.2b | -CA$626,900,104.00 | 80.7x | -13.5x | 6.9x |
| Wed, 24 Nov 2021 | CA$8.7b | CA$1.3b | -CA$879,359,593.00 | 82.3x | -9.9x | 6.9x |
| Fri, 22 Oct 2021 | CA$10.0b | CA$1.4b | -CA$815,937,801.00 | 91.5x | -12.3x | 7.3x |
| Sun, 19 Sep 2021 | CA$10.1b | CA$1.5b | -CA$687,056,265.00 | 89.8x | -14.7x | 6.7x |
| Tue, 17 Aug 2021 | CA$9.0b | CA$1.5b | -CA$651,418,692.95 | 85.7x | -13.8x | 6.2x |
| Tue, 01 Jun 2021 | CA$9.1b | CA$1.4b | -CA$638,753,299.00 | 73.8x | -14.3x | 6.3x |
| Fri, 05 Mar 2021 | CA$9.5b | CA$1.5b | -CA$1,392,863,580.74 | 83.5x | -6.8x | 6.3x |
| Mon, 07 Dec 2020 | CA$5.2b | CA$1.5b | -CA$1,089,334,704.75 | 126.8x | -4.8x | 3.6x |
| Thu, 10 Sep 2020 | CA$4.6b | CA$1.6b | -CA$967,115,996.15 | 104.7x | -4.8x | 3x |
Price to Earnings Ratio
-4.2x
Current Industry PE
- Investors are relatively neutral on the Canadian Systems 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 4.6x.
Past Earnings Growth
- Losses for companies in the Systems Software industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 7.7% per year.
- This means that the cost of doing business could be reducing since sales have declined but losses haven't fallen much further.
Industry Comparison
How does Canadian Systems Software compare with similar industries?
| CA Market | 2.01% | |
| Tech | -1.27% | |
| Software | -1.40% | |
| Systems Software | -1.77% | |
| Application Software | -1.38% | |
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 | |
|---|---|---|---|---|---|
| VERS VERSES AI | CA$2.89 | 20.4% +CA$68.7m | n/a | PS173.2x | |
| SYZ Sylogist | CA$6.66 | 12.5% +CA$17.5m | -16.8% | PE108.5x | |
| QIS Quorum Information Technologies | CA$0.72 | 38.5% +CA$14.7m | -18.2% | PS1.3x | |
| BTQ BTQ Technologies | CA$0.75 | 19.0% +CA$14.5m | n/a | n/a | |
| NBVA Nubeva Technologies | CA$1.01 | 7.4% +CA$5.8m | -1.9% | PS49.8x |
