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Canadian (TSX) Software Industry Analysis

UpdatedAug 25, 2024
DataAggregated Company Financials
Companies82
  • 7D1.3%
  • 3M9.7%
  • 1Y37.7%
  • YTD23.1%

In the last week, the Software industry is up 1.3%, with Constellation Software up 1.9%. This means that the industry has gained 38% over the past year. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Aug 2024CA$142.9bCA$22.0b-CA$2,514,582,192.9238.6x-56.8x6.5x
Wed, 24 Jul 2024CA$143.4bCA$21.5b-CA$3,420,026,082.7550.8x-41.9x6.7x
Fri, 21 Jun 2024CA$130.1bCA$21.6b-CA$3,382,019,624.2739.5x-38.5x6x
Sun, 19 May 2024CA$130.0bCA$21.5b-CA$3,426,759,742.5440.7x-37.9x6x
Tue, 16 Apr 2024CA$127.6bCA$21.1b-CA$4,277,071,878.8032.2x-29.8x6.1x
Thu, 14 Mar 2024CA$124.6bCA$20.6b-CA$4,781,680,270.2226.6x-26.1x6x
Sat, 10 Feb 2024CA$121.7bCA$19.7b-CA$2,884,020,939.0725x-42.2x6.2x
Mon, 08 Jan 2024CA$113.7bCA$19.8b-CA$3,952,044,280.0026.7x-28.8x5.7x
Wed, 06 Dec 2023CA$113.4bCA$20.2b-CA$4,266,444,408.0026.6x-26.6x5.6x
Fri, 03 Nov 2023CA$99.4bCA$19.6b-CA$4,152,192,126.0072.5x-23.9x5.1x
Sun, 01 Oct 2023CA$100.7bCA$19.3b-CA$4,177,310,018.0054.9x-24.1x5.2x
Tue, 29 Aug 2023CA$102.1bCA$19.4b-CA$4,166,981,992.0057.6x-24.5x5.3x
Thu, 27 Jul 2023CA$103.5bCA$18.2b-CA$3,857,687,072.0071.8x-26.8x5.7x
Sat, 24 Jun 2023CA$99.2bCA$17.9b-CA$3,938,982,418.0070.1x-25.2x5.5x
Mon, 22 May 2023CA$101.1bCA$18.0b-CA$3,195,413,934.0068.8x-31.7x5.6x
Wed, 19 Apr 2023CA$96.3bCA$16.9b-CA$3,305,096,771.0045.1x-29.1x5.7x
Fri, 17 Mar 2023CA$88.3bCA$16.6b-CA$2,547,244,174.0037.4x-34.7x5.3x
Sun, 12 Feb 2023CA$88.6bCA$16.3b-CA$2,217,978,020.0034.3x-39.9x5.4x
Tue, 10 Jan 2023CA$82.2bCA$16.1b-CA$673,749,502.0028x-122x5.1x
Thu, 08 Dec 2022CA$78.9bCA$16.3b-CA$583,749,664.0035.1x-135.2x4.8x
Sat, 05 Nov 2022CA$72.0bCA$15.4b-CA$326,733,772.0028x-220.5x4.7x
Mon, 03 Oct 2022CA$75.0bCA$15.5b-CA$285,562,336.0042x-262.8x4.8x
Wed, 31 Aug 2022CA$80.1bCA$14.9b-CA$404,113,177.0031.2x-198.2x5.4x
Fri, 29 Jul 2022CA$80.8bCA$13.9bCA$407.6m49.7x198.2x5.8x
Sun, 26 Jun 2022CA$78.1bCA$13.9bCA$588.2m52.7x132.8x5.6x
Tue, 24 May 2022CA$79.5bCA$14.3bCA$278.2m48.6x285.6x5.6x
Thu, 21 Apr 2022CA$90.8bCA$13.3b-CA$2,678,766,003.0045.6x-33.9x6.9x
Sat, 19 Mar 2022CA$95.0bCA$12.8b-CA$3,253,507,435.0049.7x-29.2x7.4x
Mon, 14 Feb 2022CA$95.8bCA$12.7b-CA$3,277,672,596.0072.1x-29.2x7.5x
Wed, 12 Jan 2022CA$97.9bCA$11.9b-CA$3,221,908,288.0075.1x-30.4x8.2x
Fri, 10 Dec 2021CA$103.1bCA$12.0b-CA$3,457,774,086.0077.6x-29.8x8.6x
Sun, 07 Nov 2021CA$113.8bCA$11.5b-CA$3,491,763,040.0076x-32.6x9.9x
Tue, 05 Oct 2021CA$108.4bCA$11.0b-CA$3,459,862,221.0046.7x-31.3x9.9x
Thu, 02 Sep 2021CA$119.8bCA$10.9b-CA$3,271,006,370.5046.4x-36.6x11x
Price to Earnings Ratio

-36.6x


Total Market Cap: CA$119.8bTotal 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 -31.8x202220232024
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 6.3x.
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 Market0.92%
Tech0.77%
Software1.32%
Systems Software3.06%
Application Software1.28%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 90% 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$4.31k1.9%
    +CA$1.7b
    58.2%PE104.1x
    LMN Lumine GroupCA$33.544.2%
    +CA$343.9m
    49.5%PS11x
    HIVE HIVE Digital TechnologiesCA$4.8014.6%
    +CA$72.4m
    2.6%PS3.4x
    DCBO DoceboCA$59.653.6%
    +CA$62.0m
    -2.7%PE77.9x
    BB BlackBerryCA$3.282.8%
    +CA$53.2m
    -53.7%PS2.3x
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