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U.K. (FTSE) IT Industry Analysis

UpdatedJul 22, 2026
DataAggregated Company Financials
Companies20
  • 7D2.5%
  • 3M30.0%
  • 1Y29.9%
  • YTD34.9%

Over the last 7 days, the IT industry has risen 2.4%, driven by gains from Computacenter of 6.0%. In the last 12 months, the industry was up 26%. 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
Wed, 22 Jul 2026UK£11.0bUK£12.3bUK£239.2m28.6x46x0.9x
Fri, 19 Jun 2026UK£10.0bUK£12.4bUK£264.4m27.1x37.7x0.8x
Sun, 17 May 2026UK£9.1bUK£12.3bUK£256.8m27.8x35.6x0.7x
Tue, 14 Apr 2026UK£7.8bUK£12.3bUK£256.2m28.4x30.3x0.6x
Thu, 12 Mar 2026UK£7.8bUK£10.7bUK£269.4m28.5x29.1x0.7x
Sat, 07 Feb 2026UK£7.7bUK£10.7bUK£267.3m23.7x28.7x0.7x
Mon, 05 Jan 2026UK£8.2bUK£10.7bUK£267.3m22.7x30.8x0.8x
Wed, 03 Dec 2025UK£8.5bUK£10.8bUK£261.9m23.9x32.5x0.8x
Fri, 31 Oct 2025UK£8.6bUK£10.8bUK£273.8m26.9x31.5x0.8x
Sun, 28 Sep 2025UK£8.2bUK£10.4bUK£265.7m27.4x30.8x0.8x
Tue, 26 Aug 2025UK£7.8bUK£9.5bUK£272.7m24.5x28.6x0.8x
Thu, 24 Jul 2025UK£7.8bUK£9.5bUK£332.6m19.7x23.4x0.8x
Sat, 21 Jun 2025UK£8.7bUK£9.5bUK£321.8m25.5x27x0.9x
Mon, 19 May 2025UK£8.8bUK£9.6bUK£327.5m19.2x26.8x0.9x
Wed, 16 Apr 2025UK£7.8bUK£9.6bUK£330.6m20.6x23.6x0.8x
Fri, 14 Mar 2025UK£7.5bUK£9.0bUK£333.4m21.1x22.5x0.8x
Sun, 09 Feb 2025UK£8.0bUK£9.0bUK£333.2m21.3x24x0.9x
Tue, 07 Jan 2025UK£8.2bUK£9.0bUK£335.6m26x24.5x0.9x
Thu, 05 Dec 2024UK£8.4bUK£9.0bUK£337.2m29.2x24.9x0.9x
Sat, 02 Nov 2024UK£8.5bUK£9.0bUK£322.5m23.1x26.4x0.9x
Mon, 30 Sep 2024UK£10.9bUK£9.7bUK£293.6m25.6x37.1x1.1x
Wed, 28 Aug 2024UK£11.5bUK£10.1bUK£360.9m28.2x31.7x1.1x
Fri, 26 Jul 2024UK£11.3bUK£10.2bUK£384.6m27.3x29.5x1.1x
Sun, 23 Jun 2024UK£12.0bUK£10.2bUK£381.2m28.4x31.5x1.2x
Tue, 21 May 2024UK£11.7bUK£10.2bUK£374.0m29.1x31.3x1.1x
Thu, 18 Apr 2024UK£9.9bUK£10.4bUK£355.2m27.4x28x1x
Sat, 16 Mar 2024UK£10.8bUK£10.8bUK£348.4m28x31x1x
Mon, 12 Feb 2024UK£11.0bUK£10.8bUK£359.3m25.7x30.6x1x
Wed, 10 Jan 2024UK£10.5bUK£12.8bUK£376.4m24.4x27.9x0.8x
Fri, 08 Dec 2023UK£10.1bUK£12.8bUK£379.4m23.1x26.5x0.8x
Sun, 05 Nov 2023UK£10.7bUK£13.4bUK£379.8m25x28.2x0.8x
Tue, 03 Oct 2023UK£11.1bUK£13.4bUK£372.3m26.1x29.8x0.8x
Thu, 31 Aug 2023UK£10.9bUK£12.6bUK£390.0m27.7x27.9x0.9x
Sat, 29 Jul 2023UK£11.3bUK£12.5bUK£404.6m27x27.8x0.9x
Price to Earnings Ratio

27.8x


Total Market Cap: UK£11.3bTotal Earnings: UK£404.6mTotal Revenue: UK£12.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. IT Industry Price to Earnings3Y Average 29.3x202420252026
Current Industry PE
  • Investors are optimistic on the British IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 45.9x which is higher than its 3-year average PE of 29.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.88x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 16% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

GB Market0.56%
Tech0.26%
IT2.46%
IT Consulting2.56%
Data Processing Services1.05%
Internet Services and Infrastructure-0.044%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 26.0x.
    • Analysts are expecting annual earnings growth of 16.9%, which is higher than its past year's earnings growth of 5.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Data Processing Services industry, expecting annual earnings growth of 103% over the next 5 years.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 17% 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£48.666.0%
+UK£289.7m		117.2%PE33.2x
KNOS Kainos GroupUK£8.336.6%
+UK£59.5m		15.3%PE22.7x
CLBS Celebrus TechnologiesUK£1.079.7%
+UK£3.6m		-40.9%PS2.3x
FDM FDM Group (Holdings)UK£1.202.7%
+UK£3.5m		-40.9%PE23.2x
SYS SysGroupUK£0.3015.1%
+UK£3.3m		52.5%PS1.2x

Latest News

CLBS
UK£1.07
Celebrus Technologies
7D
9.7%
1Y
-40.9%
Narrative Update • Jul 20

CLBS: Share Buybacks And Dividend Policy Will Support Future Upside Potential

Analysts have reduced their fair value estimate for Celebrus Technologies from £2.00 to £1.50, citing updated assumptions around discount rates, revenue growth, profit margins and a lower future P/E of 34.91 versus the previous 98.13. What’s in the News for Celebrus Technologies Completed share buyback from July 8, 2025 to October 8, 2025, repurchasing 500,000 shares, representing 1.26%, for US$1.18 million under the previously announced program.
CCC
UK£48.66
Computacenter
7D
6.0%
1Y
117.2%
TPX
UK£0.70
TPXimpact Holdings
7D
-2.8%
1Y
218.2%
Narrative Update • Jul 16

TPX: Ministry Of Justice Contract Will Support Measured Medium-Term Opportunity And Risks

Analysts have revised their fair value estimate for TPXimpact Holdings from £0.45 to £0.66, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E multiples as the key drivers of the change. What’s in the News for TPXimpact Holdings TPXimpact Holdings has been selected as the successful bidder for a £16,000,000, 2 year contract with the UK Ministry of Justice for Product Team Bench Model Services.
BKS
UK£2.18
Beeks Financial Cloud Group
7D
1.2%
1Y
0%
SYS
UK£0.30
SysGroup
7D
15.1%
1Y
52.5%
SCT
UK£18.58
Softcat
7D
-2.3%
1Y
14.9%
Narrative Update • Jul 10

SCT: Higher P/E And Lower Margins Will Continue To Mask Weakening Earnings Quality

Analysts have raised their Softcat price target from £13.50 to £15.00, citing updated assumptions on revenue growth, profit margins and future P/E that together support a higher fair value estimate despite a slightly higher discount rate. What’s in the News for Softcat No recent Softcat specific news items were provided in the primary news feed.
TRD
UK£3.60
Triad Group
7D
0%
1Y
20.0%
GST
UK£0.0044
GSTechnologies
7D
-13.7%
1Y
-60.9%
KNOS
UK£8.33
Kainos Group
7D
6.6%
1Y
15.3%
RCN
UK£1.25
Redcentric
7D
-2.0%
1Y
0.4%
IOM
UK£0.13
iomart Group
7D
2.6%
1Y
-56.2%
ING
UK£0.65
Ingenta
7D
-4.6%
1Y
4.9%
SWC
UK£0.29
Smarter Web
7D
-2.7%
1Y
-87.3%
NCC
UK£1.42
NCC Group
7D
-0.3%
1Y
-4.2%
FDM
UK£1.20
FDM Group (Holdings)
7D
2.7%
1Y
-40.9%
MTEC
UK£0.36
Made Tech Group
7D
-0.7%
1Y
2.8%