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Canadian (TSX) Software Industry Analysis

UpdatedAug 10, 2024
DataAggregated Company Financials
Companies83
  • 7D0.2%
  • 3M5.1%
  • 1Y31.9%
  • YTD17.6%

In the last week, the Software industry is flat overall, with Lumine Group standing out by going down 8.5%. As for the the longer term, the industry is up 32% over the past 12 months. Looking forward, earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 10 Aug 2024CA$136.6bCA$21.7b-CA$2,660,396,450.3745.1x-51.3x6.3x
Mon, 08 Jul 2024CA$136.2bCA$21.3b-CA$3,376,599,640.4344.1x-40.3x6.4x
Wed, 05 Jun 2024CA$130.7bCA$21.6b-CA$3,384,535,783.7040.8x-38.6x6x
Fri, 03 May 2024CA$127.9bCA$20.8b-CA$3,580,629,918.8347.6x-35.7x6.1x
Sun, 31 Mar 2024CA$129.4bCA$20.7b-CA$4,791,974,138.6528.6x-27x6.3x
Tue, 27 Feb 2024CA$124.0bCA$19.8b-CA$2,761,253,020.6925.5x-44.9x6.2x
Thu, 25 Jan 2024CA$123.3bCA$20.0b-CA$3,990,446,939.0025.8x-30.9x6.2x
Sat, 23 Dec 2023CA$115.2bCA$19.7b-CA$4,045,709,004.0027.2x-28.5x5.8x
Mon, 20 Nov 2023CA$110.1bCA$20.4b-CA$4,211,682,706.0030.3x-26.1x5.4x
Wed, 18 Oct 2023CA$100.3bCA$19.4b-CA$4,192,308,504.0055.6x-23.9x5.2x
Fri, 15 Sep 2023CA$102.8bCA$19.3b-CA$4,167,427,245.0056x-24.7x5.3x
Sun, 13 Aug 2023CA$102.3bCA$18.7b-CA$4,155,360,521.0057.4x-24.6x5.5x
Tue, 11 Jul 2023CA$100.7bCA$18.2b-CA$3,700,044,857.0072.1x-27.2x5.5x
Thu, 08 Jun 2023CA$102.7bCA$18.1b-CA$3,970,494,747.0077.5x-25.9x5.7x
Sat, 06 May 2023CA$97.0bCA$17.3b-CA$3,314,078,236.0063.5x-29.3x5.6x
Mon, 03 Apr 2023CA$96.3bCA$17.0b-CA$3,362,285,542.0038.2x-28.7x5.7x
Wed, 01 Mar 2023CA$88.6bCA$16.5b-CA$2,471,707,767.0034.3x-35.9x5.4x
Fri, 27 Jan 2023CA$86.9bCA$16.1b-CA$664,672,777.0028.8x-130.8x5.4x
Sun, 25 Dec 2022CA$78.7bCA$16.3b-CA$673,569,292.0033.5x-116.8x4.8x
Tue, 22 Nov 2022CA$77.1bCA$16.1b-CA$530,635,156.0037.4x-145.4x4.8x
Thu, 20 Oct 2022CA$73.5bCA$15.5b-CA$280,577,123.0044.6x-261.8x4.7x
Sat, 17 Sep 2022CA$76.1bCA$15.1b-CA$426,181,352.0042x-178.5x5x
Mon, 15 Aug 2022CA$86.6bCA$14.5b-CA$80,303,591.0049.1x-1078x6x
Wed, 13 Jul 2022CA$75.6bCA$14.0bCA$515.2m44.3x146.7x5.4x
Fri, 10 Jun 2022CA$78.4bCA$14.2bCA$178.6m56.1x439.1x5.5x
Sun, 08 May 2022CA$80.7bCA$14.1bCA$236.0m45.6x342x5.7x
Tue, 05 Apr 2022CA$99.3bCA$13.3b-CA$2,695,517,538.0053.7x-36.8x7.5x
Thu, 03 Mar 2022CA$93.1bCA$12.8b-CA$3,135,688,053.0063.6x-29.7x7.3x
Sat, 29 Jan 2022CA$90.4bCA$12.0b-CA$3,217,470,154.0066x-28.1x7.5x
Mon, 27 Dec 2021CA$106.7bCA$12.1b-CA$3,249,473,580.0080.7x-32.8x8.8x
Wed, 24 Nov 2021CA$111.7bCA$12.0b-CA$3,434,911,165.0068.4x-32.5x9.3x
Fri, 22 Oct 2021CA$118.7bCA$10.9b-CA$3,407,931,639.0055.4x-34.8x10.9x
Sun, 19 Sep 2021CA$121.2bCA$11.1b-CA$3,403,453,079.0046x-35.6x10.9x
Tue, 17 Aug 2021CA$106.0bCA$10.9b-CA$3,271,006,370.5042x-32.4x9.8x
Price to Earnings Ratio

-32.4x


Total Market Cap: CA$106.0bTotal Earnings: -CA$3,271,006,370.50Total Revenue: CA$10.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Software Industry Price to Earnings3Y Average -31.5x202220232024
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
  • The earnings for companies in the Software industry have improved over the last three years.
  • Revenues for these companies have grown 26% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the Canadian Tech industry?

CA Market-0.42%
Tech-0.29%
Software0.21%
Systems Software0.90%
Application Software0.19%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 77% over the next 5 years.
    • This is better than its past earnings decline of 32% 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?

    CompanyLast Price7D1YValuation
    		CSU Constellation SoftwareCA$4.08k0.6%
    +CA$535.5m    		47.5%PE109.2x
    		KXS KinaxisCA$154.715.8%
    +CA$240.2m    		-3.3%PE152.3x
    		TOI Topicus.comCA$122.002.1%
    +CA$206.4m    		17.9%PE86x
    		DCBO DoceboCA$57.2512.7%
    +CA$194.4m    		17.8%PE73.6x
    		LSPD Lightspeed CommerceCA$17.083.1%
    +CA$78.8m    		-19.9%PS2x
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    Latest News

    DCBO

    CA$57.25

    Docebo

    7D

    12.7%

    1Y

    17.8%

    ENGH

    CA$28.96

    Enghouse Systems

    7D

    -3.9%

    1Y

    2.7%

    CMG

    CA$12.86

    Computer Modelling Group

    7D

    -6.6%

    1Y

    67.0%

    SYZ

    CA$11.24

    Sylogist

    7D

    9.4%

    1Y

    54.0%

    HIVE

    CA$3.98

    HIVE Digital Technologies

    7D

    -6.8%

    1Y

    -36.6%

    LMN

    CA$33.25

    Lumine Group

    7D

    -8.5%

    1Y

    59.5%

    DND

    CA$12.77

    Dye & Durham

    7D

    -1.5%

    1Y

    -34.7%

    CVO

    CA$5.91

    Coveo Solutions

    7D

    -3.0%

    1Y

    -40.8%

    LSPD

    CA$17.08

    Lightspeed Commerce

    7D

    3.1%

    1Y

    -19.9%

    KXS

    CA$154.71

    Kinaxis

    7D

    5.8%

    1Y

    -3.3%

    TOI

    CA$122.00

    Topicus.com

    7D

    2.1%

    1Y

    17.9%

    TCS

    CA$42.50

    Tecsys

    7D

    6.3%

    1Y

    60.6%

    DSG

    CA$132.69

    Descartes Systems Group

    7D

    -0.09%

    1Y

    34.8%

    BITF

    CA$3.11

    Bitfarms

    7D

    2.6%

    1Y

    47.4%

    BB

    CA$2.98

    BlackBerry

    7D

    -2.3%

    1Y

    -52.0%

    CSU

    CA$4,075.00

    Constellation Software

    7D

    0.6%

    1Y

    47.5%