Zoomd Technologies Ltd. (CVE:ZOMD) Stock Catapults 110% Though Its Price And Business Still Lag The Industry
May 24
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Canadian (TSX) Software Industry Analysis
UpdatedMay 27, 2025
DataAggregated Company Financials
Companies73
- 7D-2.9%
- 3M2.5%
- 1Y26.2%
- YTD7.6%
Over the last 7 days, the Software industry has dropped 2.9%, driven by a pullback from Constellation Software of 4.1%. Over the past 12 months, the industry was up 26%. Looking forward, earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Canadian Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 27 May 2025 | CA$162.3b | CA$24.3b | CA$166.7m | 34.7x | 973.9x | 6.7x |
| Thu, 24 Apr 2025 | CA$151.3b | CA$24.0b | CA$439.5m | 29.7x | 344.4x | 6.3x |
| Sat, 22 Mar 2025 | CA$151.4b | CA$24.7b | CA$89.5m | 26.6x | 1690.5x | 6.1x |
| Mon, 17 Feb 2025 | CA$163.9b | CA$23.8b | -CA$2,307,848,099.50 | 28.7x | -71x | 6.9x |
| Wed, 15 Jan 2025 | CA$146.3b | CA$24.0b | -CA$2,404,889,701.72 | 40.6x | -60.8x | 6.1x |
| Fri, 13 Dec 2024 | CA$158.2b | CA$23.8b | -CA$2,363,187,335.98 | 43.3x | -67x | 6.6x |
| Sun, 10 Nov 2024 | CA$148.4b | CA$23.2b | -CA$2,319,705,220.87 | 43.7x | -64x | 6.4x |
| Tue, 08 Oct 2024 | CA$143.3b | CA$22.1b | -CA$2,480,359,571.33 | 42x | -57.8x | 6.5x |
| Thu, 05 Sep 2024 | CA$140.1b | CA$21.9b | -CA$2,493,934,278.12 | 42.6x | -56.2x | 6.4x |
| Sat, 03 Aug 2024 | CA$140.9b | CA$21.7b | -CA$3,387,488,387.01 | 44.2x | -41.6x | 6.5x |
| Mon, 01 Jul 2024 | CA$135.1b | CA$21.3b | -CA$3,438,889,238.29 | 42.8x | -39.3x | 6.3x |
| Wed, 29 May 2024 | CA$130.3b | CA$21.6b | -CA$3,421,992,438.93 | 56.4x | -38.1x | 6x |
| Fri, 26 Apr 2024 | CA$128.3b | CA$20.9b | -CA$4,249,765,602.77 | 45.9x | -30.2x | 6.1x |
| Sun, 24 Mar 2024 | CA$123.9b | CA$20.8b | -CA$4,812,410,606.75 | 29.2x | -25.7x | 6x |
| Tue, 20 Feb 2024 | CA$122.7b | CA$19.8b | -CA$2,760,829,945.91 | 24.5x | -44.4x | 6.2x |
| Thu, 18 Jan 2024 | CA$120.1b | CA$20.0b | -CA$3,986,623,848.00 | 26.1x | -30.1x | 6x |
| Sat, 16 Dec 2023 | CA$116.3b | CA$19.9b | -CA$4,048,610,716.00 | 26.5x | -28.7x | 5.8x |
| Mon, 13 Nov 2023 | CA$106.5b | CA$20.4b | -CA$4,250,239,406.00 | 46.2x | -25x | 5.2x |
| Wed, 11 Oct 2023 | CA$100.9b | CA$19.3b | -CA$4,176,338,147.00 | 55.3x | -24.2x | 5.2x |
| Fri, 08 Sep 2023 | CA$103.3b | CA$19.5b | -CA$4,115,828,254.00 | 55.8x | -25.1x | 5.3x |
| Sun, 06 Aug 2023 | CA$101.5b | CA$18.6b | -CA$3,768,399,072.00 | 58.5x | -26.9x | 5.5x |
| Tue, 04 Jul 2023 | CA$104.1b | CA$18.2b | -CA$3,683,149,792.00 | 74.3x | -28.3x | 5.7x |
| Thu, 01 Jun 2023 | CA$99.8b | CA$18.3b | -CA$4,097,466,824.00 | 79.7x | -24.4x | 5.5x |
| Sat, 29 Apr 2023 | CA$97.9b | CA$17.4b | -CA$3,296,323,549.00 | 51.2x | -29.7x | 5.6x |
| Mon, 27 Mar 2023 | CA$91.9b | CA$16.6b | -CA$2,584,079,360.00 | 37.6x | -35.6x | 5.5x |
| Wed, 22 Feb 2023 | CA$89.0b | CA$16.4b | -CA$2,461,858,892.00 | 35.9x | -36.2x | 5.4x |
| Fri, 20 Jan 2023 | CA$84.8b | CA$16.2b | -CA$662,433,651.00 | 30.2x | -128x | 5.2x |
| Sun, 18 Dec 2022 | CA$79.8b | CA$16.4b | -CA$570,263,154.00 | 35.1x | -139.9x | 4.9x |
| Tue, 15 Nov 2022 | CA$76.9b | CA$15.9b | -CA$289,458,620.00 | 35.8x | -265.7x | 4.8x |
| Thu, 13 Oct 2022 | CA$72.8b | CA$15.5b | -CA$279,605,082.00 | 44.2x | -260.3x | 4.7x |
| Sat, 10 Sep 2022 | CA$79.6b | CA$14.9b | -CA$429,706,724.00 | 42x | -185.3x | 5.3x |
| Mon, 08 Aug 2022 | CA$85.6b | CA$14.6b | CA$175.6m | 51.4x | 487.8x | 5.9x |
| Wed, 06 Jul 2022 | CA$77.7b | CA$14.0b | CA$524.5m | 42.5x | 148.2x | 5.5x |
| Fri, 03 Jun 2022 | CA$78.5b | CA$14.2b | CA$239.8m | 62.6x | 327.3x | 5.5x |
Price to Earnings Ratio
327.3x
Current Industry PE
- Investors are optimistic on the Canadian Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 974x which is higher than its 3-year average PE of 5.8x.
- The 3-year average PS ratio of 5.8x is lower than the industry's current PS ratio of 6.7x.
Past Earnings Growth
- The earnings for companies in the Software industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 20% 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 Trends
Which industries have driven the changes within the Canadian Tech industry?
| CA Market | 0.57% | |
| Tech | -1.87% | |
| Software | -2.87% | |
| Systems Software | -1.73% | |
| Application Software | -2.90% | |
Industry PE
- Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio.
- Analysts expect its future annual earnings growth (23.7%) to be largely in line with prior year's earnings growth.
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 47% over the next 5 years.
- In contrast, the Application Software industry is expected to see its earnings grow by 24% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DSG Descartes Systems Group | CA$160.62 | 1.2% +CA$157.5m | 17.6% | PE69.9x | |
| ACT Aduro Clean Technologies | CA$12.05 | 33.3% +CA$88.2m | 180.9% | PS1363.8x | |
| DND Dye & Durham | CA$10.33 | 12.4% +CA$76.6m | -16.7% | PS1.5x | |
| BTQ BTQ Technologies | CA$3.96 | 15.5% +CA$70.2m | 780.0% | PS572.1x | |
| ZOMD Zoomd Technologies | CA$1.23 | 48.2% +CA$39.7m | 2,136.4% | PE6.8x |
