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U.K. (FTSE) Tech Sector Analysis

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies117
  • 7D-3.0%
  • 3M0.03%
  • 1Y2.3%
  • YTD1.7%

Over the last 7 days, the Tech industry has dropped 3.0%, driven by Sage Group declining 9.3%. Meanwhile, Computacenter actually outperformed within the industry, gaining 5.6% in the last week. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 15 Aug 2025UK£50.1bUK£22.7bUK£1.1b29.7x47.7x2.2x
Sun, 13 Jul 2025UK£52.3bUK£22.7bUK£1.2b31.8x42.3x2.3x
Tue, 10 Jun 2025UK£52.4bUK£22.9bUK£1.2b29.2x42x2.3x
Thu, 08 May 2025UK£49.1bUK£23.0bUK£1.3b26.4x39x2.1x
Sat, 05 Apr 2025UK£45.1bUK£23.0bUK£1.2b21x36.4x2x
Mon, 03 Mar 2025UK£49.7bUK£22.5bUK£1.2b24.3x41.3x2.2x
Wed, 29 Jan 2025UK£51.9bUK£22.6bUK£1.2b27.5x42x2.3x
Fri, 27 Dec 2024UK£50.6bUK£22.6bUK£1.2b28.2x40.9x2.2x
Sun, 24 Nov 2024UK£50.5bUK£22.6bUK£1.3b29.1x40.2x2.2x
Tue, 22 Oct 2024UK£49.0bUK£23.0bUK£1.1b25.7x43.9x2.1x
Thu, 19 Sep 2024UK£53.6bUK£23.5bUK£1.2b25.9x43.7x2.3x
Sat, 17 Aug 2024UK£55.8bUK£24.0bUK£1.3b28.6x44.1x2.3x
Mon, 15 Jul 2024UK£57.7bUK£24.2bUK£1.2b27.9x49.1x2.4x
Wed, 12 Jun 2024UK£54.7bUK£24.0bUK£1.0b29.5x54.4x2.3x
Fri, 10 May 2024UK£54.5bUK£24.0bUK£999.6m27.8x54.5x2.3x
Sun, 07 Apr 2024UK£52.9bUK£24.1bUK£893.6m28.4x59.2x2.2x
Tue, 05 Mar 2024UK£53.1bUK£24.4bUK£912.1m30.2x58.2x2.2x
Thu, 01 Feb 2024UK£74.0bUK£31.4bUK£938.2m29x78.9x2.4x
Sat, 30 Dec 2023UK£74.1bUK£31.4bUK£948.5m27.8x78.2x2.4x
Mon, 27 Nov 2023UK£70.7bUK£32.0bUK£1.0b27.9x69.1x2.2x
Wed, 25 Oct 2023UK£66.9bUK£32.0bUK£1.0b26x66.8x2.1x
Fri, 22 Sep 2023UK£71.6bUK£31.8bUK£1.0b28.1x69.5x2.3x
Sun, 20 Aug 2023UK£69.9bUK£30.8bUK£1.0b28.4x67.5x2.3x
Tue, 18 Jul 2023UK£73.3bUK£31.1bUK£1.1b28.1x69.7x2.4x
Thu, 15 Jun 2023UK£75.2bUK£30.9bUK£1.2b30.5x63.6x2.4x
Sat, 13 May 2023UK£73.7bUK£31.0bUK£1.1b30.9x68x2.4x
Mon, 10 Apr 2023UK£71.8bUK£30.8bUK£1.3b30.4x56.2x2.3x
Wed, 08 Mar 2023UK£98.4bUK£40.3bUK£3.0b29.3x33.1x2.4x
Fri, 03 Feb 2023UK£100.4bUK£39.7bUK£2.8b29.4x36.1x2.5x
Sun, 01 Jan 2023UK£95.3bUK£39.6bUK£2.8b28.4x34.6x2.4x
Tue, 29 Nov 2022UK£100.9bUK£39.5bUK£2.8b29.1x36.2x2.6x
Thu, 27 Oct 2022UK£94.9bUK£39.1bUK£2.8b28.3x33.6x2.4x
Sat, 24 Sep 2022UK£91.5bUK£39.5bUK£2.7b30.3x33.7x2.3x
Mon, 22 Aug 2022UK£92.1bUK£37.4bUK£2.6b31.5x35.5x2.5x
Price to Earnings Ratio

35.5x


Total Market Cap: UK£92.1bTotal Earnings: UK£2.6bTotal Revenue: UK£37.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Tech Sector Price to Earnings3Y Average 52x202320242025
Current Industry PE
  • Investors are pessimistic on the British Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 47.7x which is lower than its 3-year average PE of 52.0x.
  • 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 26% per year over the last three years,
  • Revenues have also declined 15% 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 Market0.86%
Tech-3.05%
Communications1.26%
Semiconductors0.97%
IT0.52%
Electronic Equipment and Components-1.89%
Tech Hardware-4.41%
Software-6.83%
Industry PE
  • Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 144x.
    • Analysts are expecting annual earnings growth of 41.9%, which is higher than its past year's earnings decline of 7.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 89% over the next 5 years.
  • In contrast, the IT 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
CCC ComputacenterUK£23.745.6%
+UK£132.1m
-11.3%PE14.6x
RSW RenishawUK£30.052.0%
+UK£43.6m
-17.0%PE22.4x
AWE Alphawave IP GroupUK£1.771.4%
+UK£19.6m
21.7%PS6.1x
FTC FiltronicUK£1.445.9%
+UK£17.5m
111.8%PE22.5x
OXIG Oxford InstrumentsUK£18.321.2%
+UK£11.4m
-20.5%PE40.5x

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