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U.K. (FTSE) IT Industry Analysis

UpdatedFeb 06, 2025
DataAggregated Company Financials
Companies19
  • 7D0.6%
  • 3M-3.8%
  • 1Y-11.9%
  • YTD0.7%

Last week, the IT industry hasn't moved much but Softcat is up 3.1% in that time. Unfortunately though, the industry is down 12% over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the U.K. IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Feb 2025UK£8.1bUK£9.0bUK£332.1m21.1x24.4x0.9x
Sun, 05 Jan 2025UK£8.1bUK£9.0bUK£335.6m25.8x24.1x0.9x
Tue, 03 Dec 2024UK£8.3bUK£9.0bUK£337.2m29.7x24.5x0.9x
Thu, 31 Oct 2024UK£8.9bUK£9.0bUK£322.5m24.6x27.5x1x
Sat, 28 Sep 2024UK£10.9bUK£9.7bUK£293.6m25.6x37.2x1.1x
Mon, 26 Aug 2024UK£11.5bUK£10.1bUK£361.0m28.1x31.9x1.1x
Wed, 24 Jul 2024UK£11.5bUK£10.2bUK£385.5m27.5x29.7x1.1x
Fri, 21 Jun 2024UK£12.0bUK£10.2bUK£381.2m28.7x31.5x1.2x
Sun, 19 May 2024UK£10.7bUK£10.2bUK£374.0m29.1x28.7x1.1x
Tue, 16 Apr 2024UK£10.2bUK£10.4bUK£355.1m27.9x28.7x1x
Thu, 14 Mar 2024UK£10.8bUK£10.8bUK£348.4m27.6x31x1x
Sat, 10 Feb 2024UK£11.0bUK£10.8bUK£359.3m25.7x30.6x1x
Mon, 08 Jan 2024UK£10.5bUK£12.8bUK£376.4m23.3x27.9x0.8x
Wed, 06 Dec 2023UK£10.0bUK£12.8bUK£385.2m22.9x26x0.8x
Fri, 03 Nov 2023UK£10.6bUK£13.4bUK£379.9m25.1x27.8x0.8x
Sun, 01 Oct 2023UK£11.1bUK£13.4bUK£373.0m26.8x29.7x0.8x
Tue, 29 Aug 2023UK£10.5bUK£12.6bUK£389.8m27.4x27.1x0.8x
Thu, 27 Jul 2023UK£11.3bUK£12.5bUK£400.1m27.2x28.2x0.9x
Sat, 24 Jun 2023UK£11.0bUK£12.5bUK£425.4m25.8x26x0.9x
Mon, 22 May 2023UK£11.6bUK£12.5bUK£420.5m26.7x27.6x0.9x
Wed, 19 Apr 2023UK£11.9bUK£12.4bUK£422.6m26.7x28.1x1x
Fri, 17 Mar 2023UK£34.8bUK£22.2bUK£2.0b24.7x17.5x1.6x
Sun, 12 Feb 2023UK£37.9bUK£22.0bUK£1.8b27.9x20.7x1.7x
Tue, 10 Jan 2023UK£36.8bUK£21.9bUK£1.8b28.3x20.5x1.7x
Thu, 08 Dec 2022UK£38.0bUK£21.6bUK£1.7b29.6x21.8x1.8x
Sat, 05 Nov 2022UK£35.6bUK£21.7bUK£1.8b27.4x20x1.6x
Mon, 03 Oct 2022UK£33.9bUK£21.7bUK£1.7b25.4x20.4x1.6x
Wed, 31 Aug 2022UK£33.1bUK£20.6bUK£1.6b28.7x20.2x1.6x
Fri, 29 Jul 2022UK£30.5bUK£20.5bUK£1.8b29.1x16.5x1.5x
Sun, 26 Jun 2022UK£20.2bUK£18.1bUK£817.4m30.5x24.7x1.1x
Tue, 24 May 2022UK£20.4bUK£17.9bUK£787.6m35.7x25.9x1.1x
Thu, 21 Apr 2022UK£25.6bUK£17.9bUK£782.4m37.1x32.7x1.4x
Sat, 19 Mar 2022UK£26.7bUK£17.8bUK£771.6m33x34.6x1.5x
Mon, 14 Feb 2022UK£27.3bUK£17.2bUK£770.4m36.1x35.4x1.6x
Price to Earnings Ratio

35.4x


Total Market Cap: UK£27.3bTotal Earnings: UK£770.4mTotal Revenue: UK£17.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. IT Industry Price to Earnings3Y Average 34.8x202320242025
Current Industry PE
  • Investors are pessimistic on the British IT 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 24.4x which is lower than its 3-year average PE of 34.8x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 0.90x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 24% per year over the last three years,
  • Revenues have also declined 20% 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 industry?

GB Market0.78%
Tech0.037%
IT0.60%
Data Processing Services4.98%
IT Consulting0.76%
Internet Services and Infrastructure-1.63%
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 28.9x.
    • Analysts are expecting annual earnings growth of 10.6%, which is higher than its past year's earnings growth of 6.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 51% over the next 5 years.
  • This is better than its past earnings decline of 48% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 11% 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
SCT SoftcatUK£16.052.9%
+UK£89.7m		8.7%PE26.9x
BKS Beeks Financial Cloud GroupUK£3.019.5%
+UK£17.4m		112.7%PE92x
MTEC Made Tech GroupUK£0.3117.0%
+UK£6.6m		226.3%PS1.1x
NCC NCC GroupUK£1.431.1%
+UK£4.9m		17.0%PS1.4x
SYS SysGroupUK£0.2330.6%
+UK£4.6m		-32.9%PS0.9x
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Latest News

SYS

UK£0.23

SysGroup

7D

30.6%

1Y

-32.9%

TPX

UK£0.27

TPXimpact Holdings

7D

-23.9%

1Y

-31.6%

MTEC

UK£0.31

Made Tech Group

7D

17.0%

1Y

226.3%

CCC

UK£22.60

Computacenter

7D

-2.6%

1Y

-22.8%

Calculating The Intrinsic Value Of Computacenter plc (LON:CCC)

Feb 04
Calculating The Intrinsic Value Of Computacenter plc (LON:CCC)

TRD

UK£3.50

Triad Group

7D

-2.8%

1Y

81.8%

SCT

UK£16.05

Softcat

7D

2.9%

1Y

8.7%

BKS

UK£3.01

Beeks Financial Cloud Group

7D

9.5%

1Y

112.7%

RCN

UK£1.20

Redcentric

7D

-7.5%

1Y

-8.4%

IOM

UK£0.59

iomart Group

7D

-15.1%

1Y

-57.0%

KNOS

UK£8.10

Kainos Group

7D

-0.6%

1Y

-27.2%

GST

UK£0.016

GSTechnologies

7D

-12.2%

1Y

44.4%

TIA

UK£0.33

Tialis Essential IT

7D

3.2%

1Y

-48.0%

CLBS

UK£2.20

Celebrus Technologies

7D

-3.1%

1Y

-5.4%

Slowing Rates Of Return At Celebrus Technologies (LON:CLBS) Leave Little Room For Excitement

Jan 15
Slowing Rates Of Return At Celebrus Technologies (LON:CLBS) Leave Little Room For Excitement

RCGH

UK£0.017

RC365 Holding

7D

3.2%

1Y

-80.9%

NCC

UK£1.43

NCC Group

7D

1.1%

1Y

17.0%

NCC Group (LON:NCC) Is Due To Pay A Dividend Of £0.015

Dec 24
NCC Group (LON:NCC) Is Due To Pay A Dividend Of £0.015

ING

UK£0.71

Ingenta

7D

2.2%

1Y

-59.0%

Not Many Are Piling Into Ingenta plc (LON:ING) Stock Yet As It Plummets 27%

Oct 17
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