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Canadian (TSX) Systems Software Industry Analysis

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies8
  • 7D-5.1%
  • 3M-34.1%
  • 1Y-35.1%
  • YTDn/a

Over the last 7 days, the Systems Software industry has dropped 5.1%, driven by a pullback from BTQ Technologies of 18%. In contrast, VERSES AI has gained 206%. Overall the industry is down 35% in 12 months. Looking forward, earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Feb 2026CA$3.8bCA$981.3mCA$16.5m67.2x231.7x3.9x
Wed, 07 Jan 2026CA$4.8bCA$989.9mCA$12.9m81.8x374x4.9x
Fri, 05 Dec 2025CA$5.5bCA$1.0bCA$11.1m84.4x500x5.3x
Sun, 02 Nov 2025CA$6.3bCA$1.0bCA$20.5m79x309x6.1x
Tue, 30 Sep 2025CA$5.8bCA$1.0bCA$20.9m79.4x278.4x5.6x
Thu, 28 Aug 2025CA$4.6bCA$1.0bCA$8.2m104x556.7x4.5x
Sat, 26 Jul 2025CA$5.1bCA$1.0bCA$10.0m123.1x508.2x5x
Mon, 23 Jun 2025CA$4.9bCA$1.0b-CA$16,723,358.1594.2x-292.2x4.8x
Wed, 21 May 2025CA$4.7bCA$1.0b-CA$25,670,484.9183.7x-182.3x4.6x
Fri, 18 Apr 2025CA$3.8bCA$1.1b-CA$28,023,633.91149x-134.1x3.5x
Sun, 16 Mar 2025CA$4.7bCA$1.3b-CA$228,466,915.46125.3x-20.7x3.8x
Tue, 11 Feb 2025CA$5.4bCA$1.3b-CA$228,770,871.47155.7x-23.8x4.3x
Thu, 09 Jan 2025CA$4.4bCA$1.3b-CA$234,195,015.62153.5x-18.8x3.5x
Sat, 07 Dec 2024CA$3.1bCA$1.2b-CA$212,536,769.85151.4x-14.7x2.5x
Mon, 04 Nov 2024CA$2.8bCA$1.2b-CA$207,347,033.20433.9x-13.7x2.4x
Wed, 02 Oct 2024CA$3.1bCA$1.1b-CA$200,643,718.16428.9x-15.4x2.7x
Fri, 30 Aug 2024CA$2.9bCA$1.1b-CA$232,138,337.76454.1x-12.4x2.6x
Sun, 28 Jul 2024CA$3.0bCA$1.2b-CA$240,335,809.52321.9x-12.5x2.6x
Tue, 25 Jun 2024CA$3.0bCA$1.5b-CA$249,146,404.23245.9x-11.9x2x
Thu, 23 May 2024CA$3.4bCA$1.5b-CA$256,572,445.53248.6x-13.3x2.3x
Sat, 20 Apr 2024CA$3.4bCA$1.5b-CA$268,957,087.10240x-12.7x2.3x
Mon, 18 Mar 2024CA$3.4bCA$1.4b-CA$859,273,861.53228.5x-4x2.4x
Wed, 14 Feb 2024CA$3.3bCA$1.4b-CA$846,439,313.83236.3x-3.9x2.3x
Fri, 12 Jan 2024CA$3.8bCA$1.4b-CA$792,447,691.00100.6x-4.8x2.6x
Sun, 10 Dec 2023CA$4.3bCA$1.5b-CA$788,658,988.00106.8x-5.5x3x
Tue, 07 Nov 2023CA$4.0bCA$1.5b-CA$808,961,599.00119.5x-5x2.6x
Thu, 05 Oct 2023CA$4.6bCA$1.5b-CA$811,699,492.00119.7x-5.7x3x
Sat, 02 Sep 2023CA$5.5bCA$1.6b-CA$791,556,145.00204x-7x3.5x
Mon, 31 Jul 2023CA$4.8bCA$1.5b-CA$770,332,382.00111.1x-6.3x3.2x
Wed, 28 Jun 2023CA$5.0bCA$1.2b-CA$976,853,531.0088.3x-5.1x4x
Fri, 26 May 2023CA$5.2bCA$1.3b-CA$1,008,558,238.0088.6x-5.1x4.1x
Sun, 23 Apr 2023CA$4.3bCA$1.3b-CA$1,001,404,320.0070.4x-4.3x3.4x
Tue, 21 Mar 2023CA$3.6bCA$1.3b-CA$165,371,891.0066.8x-22x2.8x
Thu, 16 Feb 2023CA$4.2bCA$1.3b-CA$161,941,653.0049.7x-26x3.3x
Price to Earnings Ratio

-26x


Total Market Cap: CA$4.2bTotal Earnings: -CA$161,941,653.00Total Revenue: CA$1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Systems Software Industry Price to Earnings3Y Average 69.8x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Systems Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 232x which is higher than its 3-year average PE of 69.6x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • Total earnings for the Systems Software industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 8.4% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Canadian Systems Software compare with similar industries?

CA Market2.10%
Tech-0.98%
Software-5.22%
Systems Software-5.14%
Application Software-5.22%
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
VERS VERSES AICA$2.60205.9%
+CA$22.2m
-93.0%PS60.3x
CYBE CyberCatch HoldingsCA$1.357.1%
+CA$2.3m
110.9%PS104.9x
ROI Route1CA$0.0716.7%
+CA$479.9k
16.7%PS0.3x
PLUR Plurilock SecurityCA$0.182.8%
+CA$395.2k
-50.7%PS0.2x
NBVA Nubeva TechnologiesCA$0.153.3%
+CA$350.9k
24.0%PS20.9x

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