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Canadian (TSX) Systems Software Industry Analysis

UpdatedJul 26, 2026
DataAggregated Company Financials
Companies10
  • 7D-3.7%
  • 3M52.2%
  • 1Y65.2%
  • YTDn/a

Over the last 7 days, the Systems Software industry has dropped 3.7%, driven by BlackBerry declining 4.4%. In the past year, the industry has gained 65%. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Jul 2026CA$8.4bCA$1.1bCA$17.2m101x486.9x7.8x
Tue, 23 Jun 2026CA$8.6bCA$1.0bCA$20.9m91.1x411x8.3x
Thu, 21 May 2026CA$6.2bCA$1.0bCA$18.2m77.5x339.4x6.1x
Sat, 18 Apr 2026CA$5.1bCA$1.0bCA$38.9m69.5x130.2x5x
Mon, 16 Mar 2026CA$3.8bCA$988.4mCA$6.9m78.4x548x3.8x
Wed, 11 Feb 2026CA$3.8bCA$976.0mCA$16.3m67.6x234.7x3.9x
Fri, 09 Jan 2026CA$4.8bCA$992.7mCA$13.0m82.4x370.3x4.9x
Sun, 07 Dec 2025CA$5.5bCA$1.0bCA$11.8m73.8x465.3x5.3x
Tue, 04 Nov 2025CA$6.3bCA$1.0bCA$20.6m79.3x308.3x6.1x
Thu, 02 Oct 2025CA$6.1bCA$1.0bCA$20.9m77.8x292.3x5.9x
Sat, 30 Aug 2025CA$4.6bCA$1.0bCA$8.2m104.4x557.8x4.5x
Mon, 28 Jul 2025CA$5.0bCA$1.0bCA$10.0m123.1x502.6x4.9x
Wed, 25 Jun 2025CA$5.0bCA$1.0b-CA$16,710,920.6987.5x-300.9x4.9x
Fri, 23 May 2025CA$4.5bCA$1.0b-CA$25,628,519.0590.5x-176.9x4.4x
Sun, 20 Apr 2025CA$3.7bCA$1.1b-CA$28,028,795.03148.9x-133.2x3.4x
Tue, 18 Mar 2025CA$4.7bCA$1.3b-CA$227,255,624.65128x-20.8x3.8x
Thu, 13 Feb 2025CA$5.5bCA$1.3b-CA$228,384,225.03159.1x-24x4.4x
Sat, 11 Jan 2025CA$4.3bCA$1.3b-CA$234,891,281.29153.2x-18.5x3.4x
Mon, 09 Dec 2024CA$3.1bCA$1.2b-CA$212,536,769.85151.4x-14.8x2.5x
Wed, 06 Nov 2024CA$2.9bCA$1.2b-CA$205,694,060.26428.9x-13.9x2.5x
Fri, 04 Oct 2024CA$2.9bCA$1.1b-CA$201,549,007.07423.8x-14.4x2.5x
Sun, 01 Sep 2024CA$2.9bCA$1.1b-CA$231,069,556.20464.2x-12.6x2.6x
Tue, 30 Jul 2024CA$3.0bCA$1.2b-CA$240,693,163.00320.2x-12.5x2.6x
Thu, 27 Jun 2024CA$2.9bCA$1.5b-CA$249,832,755.42238.5x-11.5x1.9x
Sat, 25 May 2024CA$3.4bCA$1.5b-CA$255,845,077.88242.9x-13.1x2.3x
Mon, 22 Apr 2024CA$3.3bCA$1.5b-CA$268,648,825.15233.1x-12.3x2.2x
Wed, 20 Mar 2024CA$3.2bCA$1.4b-CA$860,663,880.39230.5x-3.7x2.2x
Fri, 16 Feb 2024CA$3.4bCA$1.4b-CA$840,352,215.67238.9x-4x2.3x
Sun, 14 Jan 2024CA$3.8bCA$1.4b-CA$793,016,297.00103.6x-4.8x2.6x
Tue, 12 Dec 2023CA$4.3bCA$1.5b-CA$787,762,677.00104.2x-5.4x2.9x
Thu, 09 Nov 2023CA$4.1bCA$1.5b-CA$814,770,223.00129.4x-5x2.6x
Sat, 07 Oct 2023CA$4.1bCA$1.5b-CA$807,123,886.00128x-5x2.7x
Mon, 04 Sep 2023CA$5.6bCA$1.6b-CA$803,468,155.00204x-7x3.6x
Wed, 02 Aug 2023CA$5.1bCA$1.5b-CA$773,486,788.00118.1x-6.6x3.3x
Price to Earnings Ratio

-6.6x


Total Market Cap: CA$5.1bTotal Earnings: -CA$773,486,788.00Total Revenue: CA$1.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Systems Software Industry Price to Earnings3Y Average 123.8x202420252026
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 487x which is higher than its 3-year average PE of 124x.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 7.8x.
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 11% 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 Market0.56%
Tech-2.25%
Software-4.36%
Systems Software-3.67%
Application Software-4.42%
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
BTQ BTQ TechnologiesCA$4.682.0%
+CA$12.7m		-33.3%PS10097.2x
CYBT Cybeats TechnologiesCA$0.208.3%
+CA$3.2m		85.7%PS14.2x
CYBE CyberCatch HoldingsCA$1.792.9%
+CA$1.3m		-62.2%PS206.9x
PLUR Plurilock SecurityCA$0.129.1%
+CA$1.1m		-44.2%PS0.3x
NP NorthPalm CapitalCA$0.105.3%
+CA$235.4k		0%PB0.6x

Latest News

BB
CA$12.04
BlackBerry
7D
-4.4%
1Y
124.6%
Narrative Update • Jul 24

BB: Physical AI And Secure Communications Momentum Will Need To Sustain Rich Premium

Analysts have lifted the BlackBerry fair value estimate from CA$10.22 to CA$11.36, reflecting higher projected revenue growth and a richer future P/E assumption. This change is partly informed by recent Street research that highlights stronger Q1 results, improved outlooks for QNX and secure communications, and BlackBerry's positioning in physical AI.
SYZ
CA$3.31
Sylogist
7D
-2.9%
1Y
-66.3%
Narrative Update • Jul 24

SYZ: New Leadership And Dividend Suspension Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for Sylogist, reflecting the recent cut in the Street price target from CA$4.50 to CA$3.75 and a reassessment of growth, profitability, and valuation assumptions. What's in the News Sylogist appointed Joel Leetzow as its new Chief Executive Officer, effective May 19, 2026.
TCS
CA$33.09
Tecsys
7D
-1.2%
1Y
-10.6%
New Narrative • Jul 23

Rising Compliance Costs And Slower Health Care Projects Will Constrain Future Profitability

Catalysts About Tecsys Tecsys provides supply chain management software with a focus on complex distribution and health care customers. What are the underlying business or industry changes driving this perspective?
CYBT
CA$0.20
Cybeats Technologies
7D
8.3%
1Y
85.7%
BTQ
CA$4.68
BTQ Technologies
7D
2.0%
1Y
-33.3%
CYBE
CA$1.79
CyberCatch Holdings
7D
2.9%
1Y
-62.2%
PLUR
CA$0.12
Plurilock Security
7D
9.1%
1Y
-44.2%
NP
CA$0.10
NorthPalm Capital
7D
5.3%
1Y
0%
ROI
CA$0.14
Route1
7D
3.8%
1Y
170.0%
NBVA
CA$0.14
Nubeva Technologies
7D
-3.3%
1Y
45.0%