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U.K. (FTSE) IT Industry Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies20
  • 7D-3.0%
  • 3M10.2%
  • 1Y-16.2%
  • YTD0.2%

Over the last 7 days, the IT industry has dropped 3.0%, driven by declines in Softcat and Computacenter of 3.9% and 4.6%, respectively. In contrast, Smarter Web has gained 61%. However, the industry is down 16% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Jul 2025UK£7.9bUK£9.5bUK£328.4m24.8x24x0.8x
Tue, 03 Jun 2025UK£8.6bUK£9.5bUK£311.1m25.1x27.8x0.9x
Thu, 01 May 2025UK£8.1bUK£9.6bUK£330.5m17.7x24.6x0.9x
Sat, 29 Mar 2025UK£8.1bUK£9.6bUK£330.5m20.1x24.6x0.9x
Mon, 24 Feb 2025UK£7.8bUK£9.0bUK£333.3m22.9x23.6x0.9x
Wed, 22 Jan 2025UK£7.7bUK£9.0bUK£332.0m24.2x23.3x0.9x
Fri, 20 Dec 2024UK£8.0bUK£9.0bUK£338.2m26.2x23.6x0.9x
Sun, 17 Nov 2024UK£8.5bUK£9.0bUK£327.4m27.1x25.9x0.9x
Tue, 15 Oct 2024UK£10.5bUK£9.7bUK£294.1m23.5x35.6x1.1x
Thu, 12 Sep 2024UK£10.5bUK£9.7bUK£333.5m25.9x31.5x1.1x
Sat, 10 Aug 2024UK£11.2bUK£10.1bUK£361.0m27.1x31x1.1x
Mon, 08 Jul 2024UK£11.8bUK£10.2bUK£383.0m26.6x30.8x1.2x
Wed, 05 Jun 2024UK£11.6bUK£10.2bUK£380.6m29.1x30.5x1.1x
Fri, 03 May 2024UK£9.9bUK£10.2bUK£374.7m27.8x26.5x1x
Sun, 31 Mar 2024UK£10.4bUK£10.4bUK£353.9m27.9x29.3x1x
Tue, 27 Feb 2024UK£10.9bUK£10.8bUK£359.5m26.1x30.3x1x
Thu, 25 Jan 2024UK£11.0bUK£12.8bUK£376.3m26x29.3x0.9x
Sat, 23 Dec 2023UK£10.9bUK£12.8bUK£379.8m24.2x28.6x0.8x
Mon, 20 Nov 2023UK£10.6bUK£13.4bUK£384.2m24.6x27.6x0.8x
Wed, 18 Oct 2023UK£10.7bUK£13.4bUK£371.5m25.7x28.9x0.8x
Fri, 15 Sep 2023UK£11.3bUK£13.4bUK£389.0m27.8x29x0.8x
Sun, 13 Aug 2023UK£11.0bUK£12.5bUK£404.5m27x27.1x0.9x
Tue, 11 Jul 2023UK£10.7bUK£12.5bUK£412.2m25.8x26.1x0.9x
Thu, 08 Jun 2023UK£11.1bUK£12.5bUK£424.1m26.4x26.1x0.9x
Sat, 06 May 2023UK£11.5bUK£12.4bUK£422.6m26.6x27.3x0.9x
Mon, 03 Apr 2023UK£11.7bUK£12.4bUK£422.4m27.8x27.7x0.9x
Wed, 01 Mar 2023UK£36.7bUK£22.0bUK£1.8b28.9x20x1.7x
Fri, 27 Jan 2023UK£36.0bUK£21.9bUK£1.8b28.2x20x1.6x
Sun, 25 Dec 2022UK£35.2bUK£21.8bUK£1.8b27x19.8x1.6x
Tue, 22 Nov 2022UK£37.1bUK£21.7bUK£1.8b28.4x20.8x1.7x
Thu, 20 Oct 2022UK£35.0bUK£21.7bUK£1.7b25.7x21x1.6x
Sat, 17 Sep 2022UK£33.3bUK£21.6bUK£1.7b28.7x20.1x1.5x
Mon, 15 Aug 2022UK£34.2bUK£20.6bUK£1.6b28.9x21x1.7x
Wed, 13 Jul 2022UK£28.5bUK£18.4bUK£833.5m29.5x34.2x1.5x
Price to Earnings Ratio

34.2x


Total Market Cap: UK£28.5bTotal Earnings: UK£833.5mTotal Revenue: UK£18.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. IT Industry Price to Earnings3Y Average 34.2x202320242025
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 24.0x which is lower than its 3-year average PE of 34.2x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 0.82x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 27% 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 Market0.12%
Tech-1.84%
IT-3.04%
Data Processing Services1.49%
Internet Services and Infrastructure-1.24%
IT Consulting-3.15%
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 27.9x.
    • Analysts are expecting annual earnings growth of 17.5%, which is higher than its past year's earnings decline of 27.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 27% over the next 5 years.
  • However this is lower than its past earnings growth rate of 122% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 18% 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
SWC Smarter WebUK£3.2361.3%
+UK£297.0m		n/aPE-1549.3x
FDM FDM Group (Holdings)UK£2.182.8%
+UK£6.6m		-46.3%PE11.6x
GST GSTechnologiesUK£0.01412.2%
+UK£3.2m		92.3%PS11.5x
TPX TPXimpact HoldingsUK£0.224.8%
+UK£911.9k		-49.4%PS0.3x
IOM iomart GroupUK£0.302.8%
+UK£902.2k		-76.8%PE9.9x

Latest News

GST
UK£0.014
GSTechnologies
7D
12.2%
1Y
92.3%
CCC
UK£22.88
Computacenter
7D
-4.6%
1Y
-21.8%

A Look At The Fair Value Of Computacenter plc (LON:CCC)

Jul 01
A Look At The Fair Value Of Computacenter plc (LON:CCC)
CLCO
UK£0.003
CloudCoCo Group
7D
15.4%
1Y
9.1%
TPX
UK£0.22
TPXimpact Holdings
7D
4.8%
1Y
-49.4%
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NARF
UK£0.0055
Narf Industries
7D
4.8%
1Y
-52.2%
MTEC
UK£0.36
Made Tech Group
7D
-2.0%
1Y
119.7%

A Piece Of The Puzzle Missing From Made Tech Group Plc's (LON:MTEC) 30% Share Price Climb

Jun 27
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ING
UK£0.67
Ingenta
7D
3.9%
1Y
-41.2%
SWC
UK£3.23
Smarter Web
7D
61.3%
1Y
n/a
FDM
UK£2.18
FDM Group (Holdings)
7D
2.8%
1Y
-46.3%
SCT
UK£16.57
Softcat
7D
-3.9%
1Y
-1.3%

There's Reason For Concern Over Softcat plc's (LON:SCT) Price

Jun 23
There's Reason For Concern Over Softcat plc's (LON:SCT) Price
RCGH
UK£0.011
RC365 Holding
7D
-4.5%
1Y
-46.4%
RCN
UK£1.24
Redcentric
7D
-0.8%
1Y
-9.2%
SPA
UK£0.47
1Spatial
7D
-2.1%
1Y
-35.4%
BKS
UK£2.18
Beeks Financial Cloud Group
7D
-5.2%
1Y
24.2%
KNOS
UK£7.34
Kainos Group
7D
0%
1Y
-31.6%

We Think You Can Look Beyond Kainos Group's (LON:KNOS) Lackluster Earnings

May 26
We Think You Can Look Beyond Kainos Group's (LON:KNOS) Lackluster Earnings
IOM
UK£0.30
iomart Group
7D
2.8%
1Y
-76.8%

Investors Still Aren't Entirely Convinced By iomart Group plc's (LON:IOM) Earnings Despite 28% Price Jump

May 25
Investors Still Aren't Entirely Convinced By iomart Group plc's (LON:IOM) Earnings Despite 28% Price Jump