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U.K. (FTSE) Tech Sector Analysis

UpdatedOct 01, 2025
DataAggregated Company Financials
Companies116
  • 7D0.4%
  • 3M2.2%
  • 1Y11.4%
  • YTD6.3%

The Tech industry has been flat over the last week, but Pinewood Technologies Group has lost 22%. As for the the longer term, the industry is up 11% over the past 12 months. Earnings are forecast to grow by 22% annually.

Sector Valuation and Performance

Has the U.K. Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Oct 2025UK£52.4bUK£23.5bUK£924.3m30.7x56.7x2.2x
Sat, 30 Aug 2025UK£50.7bUK£22.7bUK£1.1b29.7x48.3x2.2x
Mon, 28 Jul 2025UK£52.2bUK£22.7bUK£1.2b31.1x43x2.3x
Wed, 25 Jun 2025UK£53.0bUK£23.0bUK£1.2b31.4x42.6x2.3x
Fri, 23 May 2025UK£50.0bUK£23.1bUK£1.3b27.8x39.6x2.2x
Sun, 20 Apr 2025UK£45.6bUK£23.0bUK£1.3b23.2x36.1x2x
Tue, 18 Mar 2025UK£47.8bUK£22.5bUK£1.2b23.1x39.6x2.1x
Thu, 13 Feb 2025UK£52.6bUK£22.6bUK£1.2b27.2x42.5x2.3x
Sat, 11 Jan 2025UK£50.0bUK£22.6bUK£1.2b27.3x40.5x2.2x
Mon, 09 Dec 2024UK£51.5bUK£22.6bUK£1.3b29x40.8x2.3x
Wed, 06 Nov 2024UK£46.7bUK£22.4bUK£1.1b26.4x40.9x2.1x
Fri, 04 Oct 2024UK£49.3bUK£22.9bUK£1.1b26.9x44.6x2.2x
Sun, 01 Sep 2024UK£56.0bUK£23.9bUK£1.3b27.5x43.8x2.3x
Tue, 30 Jul 2024UK£56.8bUK£24.2bUK£1.2b27.9x48.5x2.3x
Thu, 27 Jun 2024UK£57.7bUK£24.3bUK£1.2b27.9x49.1x2.4x
Sat, 25 May 2024UK£55.4bUK£23.9bUK£1.1b30.3x52x2.3x
Mon, 22 Apr 2024UK£50.9bUK£24.1bUK£959.0m27.4x53x2.1x
Wed, 20 Mar 2024UK£53.2bUK£24.3bUK£860.8m29.1x61.8x2.2x
Fri, 16 Feb 2024UK£52.5bUK£24.4bUK£908.2m28.8x57.8x2.1x
Sun, 14 Jan 2024UK£72.9bUK£31.4bUK£947.1m26.3x77x2.3x
Tue, 12 Dec 2023UK£72.1bUK£31.4bUK£952.1m27.1x75.7x2.3x
Thu, 09 Nov 2023UK£68.3bUK£31.9bUK£1.0b27.4x67.7x2.1x
Sat, 07 Oct 2023UK£69.6bUK£31.9bUK£989.1m26.3x70.3x2.2x
Mon, 04 Sep 2023UK£71.2bUK£30.8bUK£1.0b28.5x70.2x2.3x
Wed, 02 Aug 2023UK£72.9bUK£31.3bUK£1.1b29.4x67.7x2.3x
Fri, 30 Jun 2023UK£73.5bUK£31.2bUK£1.1b27.3x68.5x2.4x
Sun, 28 May 2023UK£73.4bUK£31.0bUK£954.2m30.7x77x2.4x
Tue, 25 Apr 2023UK£73.0bUK£30.8bUK£1.3b30.9x56.9x2.4x
Thu, 23 Mar 2023UK£71.4bUK£31.5bUK£1.3b29x54.6x2.3x
Sat, 18 Feb 2023UK£100.0bUK£39.9bUK£2.8b29.9x35.5x2.5x
Mon, 16 Jan 2023UK£99.4bUK£39.8bUK£2.8b30.4x35.8x2.5x
Wed, 14 Dec 2022UK£99.0bUK£39.4bUK£2.8b28.5x36x2.5x
Fri, 11 Nov 2022UK£97.7bUK£39.3bUK£2.8b28.3x34.6x2.5x
Sun, 09 Oct 2022UK£92.6bUK£39.4bUK£2.7b29.7x33.9x2.4x
Price to Earnings Ratio

33.9x


Total Market Cap: UK£92.6bTotal Earnings: UK£2.7bTotal Revenue: UK£39.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Tech Sector Price to Earnings3Y Average 52.6x202320242025
Current Industry PE
  • Investors are optimistic on the British Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 56.7x which is higher than its 3-year average PE of 52.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 30% per year over the last three years,
  • Revenues have also declined 16% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the U.K. Tech sector?

GB Market1.54%
Tech0.40%
IT3.87%
Communications0.75%
Electronic Equipment and Components0.69%
Software-1.31%
Tech Hardware-1.45%
Semiconductors-2.47%
Industry PE
  • Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 217x.
    • Analysts are expecting annual earnings growth of 48.8%, which is higher than its past year's earnings decline of 29.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 124% over the next 5 years.
  • In contrast, the Software industry is expected to see its earnings grow by 14% 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
HLMA HalmaUK£34.603.7%
+UK£460.8m		33.0%PE44.1x
CCC ComputacenterUK£26.746.9%
+UK£180.4m		8.5%PE17.6x
KNOS Kainos GroupUK£9.425.7%
+UK£60.6m		8.1%PE31.8x
SGE Sage GroupUK£10.930.6%
+UK£56.9m		7.7%PE29.9x
SXS SpectrisUK£41.100.6%
+UK£26.0m		51.2%PE70.6x

Latest News

AWE
UK£1.88
Alphawave IP Group
7D
-2.3%
1Y
84.3%
RPI
UK£4.16
Raspberry Pi Holdings
7D
-3.4%
1Y
17.4%
RSW
UK£36.35
Renishaw
7D
0.7%
1Y
-3.5%
CCC
UK£26.74
Computacenter
7D
6.9%
1Y
8.5%

Many Would Be Envious Of Computacenter's (LON:CCC) Excellent Returns On Capital

Sep 27
Many Would Be Envious Of Computacenter's (LON:CCC) Excellent Returns On Capital
KNOS
UK£9.42
Kainos Group
7D
5.7%
1Y
8.1%
HLMA
UK£34.60
Halma
7D
3.7%
1Y
33.0%
PINE
UK£4.12
Pinewood Technologies Group
7D
-8.4%
1Y
28.3%

Acquisition Of Seez AI Will Expand Global Automotive Markets

The upward revision in Pinewood Technologies Group’s price target reflects stronger consensus revenue growth forecasts, partially offset by a slight decline in net profit margin, resulting in an increased fair value estimate from £5.95 to £7.14. What's in the News Pinewood Technologies Group PLC added to the FTSE 250 Index.
SGE
UK£10.93
Sage Group
7D
0.6%
1Y
7.7%
BGO
UK£0.96
Bango
7D
-20.0%
1Y
-13.9%
SXS
UK£41.10
Spectris
7D
0.6%
1Y
51.2%

Overvaluation Will Collapse As GB Electronic Industry Faces Uncertainty

Spectris’s future P/E multiple has increased while its net profit margin has declined slightly, resulting in a marginal upward revision of the consensus analyst price target from £33.52 to £34.06. What's in the News Spectris received competing acquisition offers from Advent International and KKR, with the board ultimately recommending a revised higher cash offer from KKR at £41.75 per share, including a 28p interim dividend, and withdrawing support for Advent's offer.
ALFA
UK£2.32
Alfa Financial Software Holdings
7D
-3.1%
1Y
17.9%
SWC
UK£1.03
Smarter Web
7D
-6.8%
1Y
n/a
KETL
UK£0.37
Strix Group
7D
-23.2%
1Y
-45.1%
SCT
UK£15.55
Softcat
7D
-0.8%
1Y
0.3%
CER
UK£15.15
Cerillion
7D
5.6%
1Y
-11.4%

Subdued Growth No Barrier To Cerillion Plc's (LON:CER) Price

Aug 28
Subdued Growth No Barrier To Cerillion Plc's (LON:CER) Price
SPT
UK£1.98
Spirent Communications
7D
1.4%
1Y
16.0%