Quisitive Technology Solutions, Inc.'s (CVE:QUIS) CEO Compensation Is Looking A Bit Stretched At The Moment
Aug 07
Canadian (TSX) Software Industry Analysis
UpdatedAug 08, 2024
DataAggregated Company Financials
Companies83
- 7D-8.1%
- 3M1.1%
- 1Y30.4%
- YTD15.2%
Over the last 7 days, the Software industry has dropped 5.5%, driven by a pullback from Constellation Software of 8.3%. In contrast, VERSES AI has gained 7.8%. This takes the industry's 12 month performance to a gain of 32%. As for the next few years, earnings are expected to grow by 28% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 08 Aug 2024 | CA$135.0b | CA$21.6b | -CA$3,358,241,191.65 | 43.5x | -40.2x | 6.3x |
| Sat, 06 Jul 2024 | CA$137.9b | CA$21.3b | -CA$3,426,092,493.68 | 44.1x | -40.3x | 6.5x |
| Mon, 03 Jun 2024 | CA$131.0b | CA$21.6b | -CA$3,394,625,672.18 | 42.9x | -38.6x | 6.1x |
| Wed, 01 May 2024 | CA$125.3b | CA$20.9b | -CA$4,101,254,415.78 | 39.6x | -30.6x | 6x |
| Fri, 29 Mar 2024 | CA$130.9b | CA$20.7b | -CA$4,791,783,074.80 | 28.6x | -27.3x | 6.3x |
| Sun, 25 Feb 2024 | CA$123.6b | CA$19.8b | -CA$2,760,886,481.82 | 25x | -44.8x | 6.2x |
| Tue, 23 Jan 2024 | CA$122.8b | CA$19.9b | -CA$3,978,883,270.00 | 26.1x | -30.9x | 6.2x |
| Thu, 21 Dec 2023 | CA$112.5b | CA$19.9b | -CA$4,053,622,692.00 | 26.7x | -27.8x | 5.7x |
| Sat, 18 Nov 2023 | CA$109.7b | CA$20.3b | -CA$4,240,203,199.00 | 46.5x | -25.9x | 5.4x |
| Mon, 16 Oct 2023 | CA$99.4b | CA$19.4b | -CA$4,196,524,153.00 | 55.2x | -23.7x | 5.1x |
| Wed, 13 Sep 2023 | CA$103.5b | CA$19.4b | -CA$4,091,521,398.00 | 55.7x | -25.3x | 5.3x |
| Fri, 11 Aug 2023 | CA$102.4b | CA$18.8b | -CA$4,290,975,213.00 | 57.3x | -23.9x | 5.5x |
| Sun, 09 Jul 2023 | CA$101.1b | CA$18.2b | -CA$3,700,383,678.00 | 71x | -27.3x | 5.5x |
| Tue, 06 Jun 2023 | CA$102.3b | CA$18.1b | -CA$3,995,681,785.00 | 75.4x | -25.6x | 5.6x |
| Thu, 04 May 2023 | CA$99.1b | CA$17.4b | -CA$3,346,007,170.00 | 62.2x | -29.6x | 5.7x |
| Sat, 01 Apr 2023 | CA$96.4b | CA$17.0b | -CA$2,490,454,166.00 | 38.2x | -38.7x | 5.7x |
| Mon, 27 Feb 2023 | CA$87.7b | CA$16.4b | -CA$2,467,015,974.00 | 35.9x | -35.5x | 5.3x |
| Wed, 25 Jan 2023 | CA$87.2b | CA$16.1b | -CA$663,996,880.00 | 29.2x | -131.3x | 5.4x |
| Fri, 23 Dec 2022 | CA$79.0b | CA$16.3b | -CA$677,004,039.00 | 33.5x | -116.7x | 4.8x |
| Sun, 20 Nov 2022 | CA$76.9b | CA$16.0b | -CA$532,093,814.00 | 38.9x | -144.6x | 4.8x |
| Tue, 18 Oct 2022 | CA$72.5b | CA$15.6b | -CA$277,375,405.00 | 43.8x | -261.3x | 4.6x |
| Thu, 15 Sep 2022 | CA$78.4b | CA$15.0b | -CA$429,088,098.00 | 40.2x | -182.7x | 5.2x |
| Sat, 13 Aug 2022 | CA$86.6b | CA$14.5b | -CA$53,739,770.00 | 49.1x | -1610.7x | 6x |
| Mon, 11 Jul 2022 | CA$79.0b | CA$13.9b | CA$513.3m | 44.3x | 153.9x | 5.7x |
| Wed, 08 Jun 2022 | CA$79.3b | CA$14.2b | CA$177.4m | 56.1x | 447.3x | 5.6x |
| Fri, 06 May 2022 | CA$81.6b | CA$13.7b | CA$81.8m | 51.7x | 998.6x | 6x |
| Sun, 03 Apr 2022 | CA$96.2b | CA$13.3b | -CA$2,711,200,515.00 | 53.1x | -35.5x | 7.2x |
| Tue, 01 Mar 2022 | CA$93.1b | CA$12.8b | -CA$3,169,806,360.00 | 58.7x | -29.4x | 7.3x |
| Thu, 27 Jan 2022 | CA$89.1b | CA$11.9b | -CA$3,210,295,165.00 | 65.8x | -27.7x | 7.5x |
| Sat, 25 Dec 2021 | CA$106.7b | CA$12.1b | -CA$3,255,844,169.00 | 80.7x | -32.8x | 8.8x |
| Mon, 22 Nov 2021 | CA$114.5b | CA$11.9b | -CA$3,425,361,106.00 | 65.6x | -33.4x | 9.6x |
| Wed, 20 Oct 2021 | CA$117.8b | CA$10.9b | -CA$3,408,137,195.00 | 54.4x | -34.6x | 10.8x |
| Fri, 17 Sep 2021 | CA$121.0b | CA$11.1b | -CA$3,394,770,101.00 | 45.5x | -35.6x | 10.9x |
| Sun, 15 Aug 2021 | CA$106.9b | CA$10.9b | -CA$3,271,006,370.50 | 43.9x | -32.7x | 9.8x |
Price to Earnings Ratio
-32.7x
Current Industry PE
- Investors are relatively neutral on the Canadian 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 6.4x.
Past Earnings Growth
- Losses for companies in the Software industry have mostly stayed the same over the last three years.
- Meanwhile revenues for these companies have grown 26% 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 and as a result, losses haven't seen much improvement.
Industry Trends
Which industries have driven the changes within the Canadian Tech industry?
| CA Market | -5.76% | |
| Tech | -8.25% | |
| Software | -8.09% | |
| Application Software | -8.08% | |
| Systems Software | -8.72% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 79% over the next 5 years.
- This is better than its past earnings decline of 39% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 27% 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 | |
|---|---|---|---|---|---|
| VERS VERSES AI | CA$1.24 | 7.8% +CA$13.7m | -33.0% | PS69.6x | |
| VXTR Voxtur Analytics | CA$0.13 | 13.0% +CA$10.9m | -13.3% | PS1.9x | |
| QUIS Quisitive Technology Solutions | CA$0.32 | 6.7% +CA$5.5m | 25.5% | PS0.5x | |
| NBVA Nubeva Technologies | CA$0.28 | 27.3% +CA$5.1m | -68.2% | PS6.8x | |
| CTRL Edge Total Intelligence | CA$0.47 | 17.3% +CA$3.9m | -49.5% | PS5.2x |
