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U.K. (FTSE) IT Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies20
  • 7D-2.6%
  • 3M-10.5%
  • 1Y1.4%
  • YTD-4.2%

The IT is pretty flat in the last 7 days, but Beeks Financial Cloud Group has stood out, gaining 4.8%. The past year has been better, since the industry has gained 3.7% in that time. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024UK£8.4bUK£9.0bUK£327.4m26.6x25.5x0.9x
Sat, 19 Oct 2024UK£10.6bUK£9.7bUK£294.5m24.3x36x1.1x
Mon, 16 Sep 2024UK£10.7bUK£9.7bUK£333.5m26.2x32.1x1.1x
Wed, 14 Aug 2024UK£11.2bUK£10.1bUK£361.0m27.3x31.2x1.1x
Fri, 12 Jul 2024UK£11.6bUK£10.2bUK£385.5m26.6x30.1x1.1x
Sun, 09 Jun 2024UK£11.6bUK£10.2bUK£380.5m29.1x30.5x1.1x
Tue, 07 May 2024UK£10.1bUK£10.2bUK£374.7m28.3x26.8x1x
Thu, 04 Apr 2024UK£10.3bUK£10.4bUK£353.9m27.9x29.2x1x
Sat, 02 Mar 2024UK£10.8bUK£10.8bUK£359.5m25.7x30x1x
Mon, 29 Jan 2024UK£11.1bUK£12.8bUK£366.8m25.5x30.2x0.9x
Wed, 27 Dec 2023UK£10.9bUK£12.8bUK£376.6m24.2x28.8x0.8x
Fri, 24 Nov 2023UK£10.4bUK£13.4bUK£388.9m26.7x26.9x0.8x
Sun, 22 Oct 2023UK£10.6bUK£13.4bUK£371.7m25.9x28.5x0.8x
Tue, 19 Sep 2023UK£11.0bUK£13.4bUK£389.1m27.1x28.4x0.8x
Thu, 17 Aug 2023UK£10.8bUK£12.5bUK£407.1m27x26.4x0.9x
Sat, 15 Jul 2023UK£11.1bUK£12.5bUK£400.3m26.9x27.8x0.9x
Mon, 12 Jun 2023UK£11.2bUK£12.5bUK£423.9m26.3x26.4x0.9x
Wed, 10 May 2023UK£11.4bUK£12.4bUK£421.9m26.6x27.1x0.9x
Fri, 07 Apr 2023UK£11.5bUK£12.4bUK£422.4m27x27.3x0.9x
Sun, 05 Mar 2023UK£36.8bUK£22.3bUK£2.0b28.4x18.6x1.6x
Tue, 31 Jan 2023UK£36.6bUK£21.9bUK£1.8b28.2x20.3x1.7x
Thu, 29 Dec 2022UK£35.8bUK£21.8bUK£1.8b26.8x20.2x1.6x
Sat, 26 Nov 2022UK£38.8bUK£21.7bUK£1.8b30.5x21.9x1.8x
Mon, 24 Oct 2022UK£34.2bUK£21.7bUK£1.7b27.2x20.6x1.6x
Wed, 21 Sep 2022UK£33.7bUK£21.6bUK£1.7b28.7x20.4x1.6x
Fri, 19 Aug 2022UK£33.6bUK£20.6bUK£1.6b28.7x20.6x1.6x
Sun, 17 Jul 2022UK£27.6bUK£20.4bUK£1.8b28.7x15.4x1.3x
Tue, 14 Jun 2022UK£19.1bUK£18.1bUK£808.2m36.8x23.7x1.1x
Thu, 12 May 2022UK£19.5bUK£18.0bUK£789.6m32.7x24.7x1.1x
Sat, 09 Apr 2022UK£25.8bUK£17.9bUK£782.8m35.6x32.9x1.4x
Mon, 07 Mar 2022UK£24.5bUK£17.3bUK£772.5m32.8x31.7x1.4x
Wed, 02 Feb 2022UK£28.1bUK£17.2bUK£770.4m36.5x36.4x1.6x
Fri, 31 Dec 2021UK£30.3bUK£15.5bUK£775.3m40x39.1x2x
Sun, 28 Nov 2021UK£29.6bUK£15.4bUK£744.1m42.6x39.7x1.9x
Price to Earnings Ratio

39.7x


Total Market Cap: UK£29.6bTotal Earnings: UK£744.1mTotal Revenue: UK£15.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. IT Industry Price to Earnings3Y Average 35.8x202220232024
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 26.0x which is lower than its 3-year average PE of 35.8x.
  • The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 0.94x.
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 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 industry?

GB Market0.73%
Tech3.11%
IT-2.59%
Internet Services and Infrastructure2.41%
Data Processing Services-1.39%
IT Consulting-2.92%
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 30.1x.
    • Analysts are expecting annual earnings growth of 12.0%, which is higher than its past year's earnings growth of 2.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Data Processing Services industry, expecting annual earnings growth of 45% over the next 5 years.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 12% 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
BKS Beeks Financial Cloud GroupUK£2.726.3%
+UK£10.7m		156.6%PE82.8x
MTEC Made Tech GroupUK£0.2323.0%
+UK£6.3m		109.2%PS0.9x
GST GSTechnologiesUK£0.01420.8%
+UK£4.8m		11.8%PS22.9x
TRD Triad GroupUK£3.251.6%
+UK£833.5k		154.9%PE71x
KCT Kin and CartaUK£1.300.2%
+UK£346.5k		62.0%PS1.2x
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Latest News

MTEC

UK£0.23

Made Tech Group

7D

23.0%

1Y

109.2%

Made Tech Group Plc's (LON:MTEC) Shares Climb 40% But Its Business Is Yet to Catch Up

Nov 21
Made Tech Group Plc's (LON:MTEC) Shares Climb 40% But Its Business Is Yet to Catch Up

FDM

UK£3.15

FDM Group (Holdings)

7D

-3.2%

1Y

-22.7%

BKS

UK£2.72

Beeks Financial Cloud Group

7D

6.3%

1Y

156.6%

TIA

UK£0.39

Tialis Essential IT

7D

-17.2%

1Y

-26.7%

Investors Holding Back On Tialis Essential IT PLC (LON:TIA)

Nov 15
Investors Holding Back On Tialis Essential IT PLC (LON:TIA)

TRD

UK£3.25

Triad Group

7D

1.6%

1Y

154.9%

KNOS

UK£8.14

Kainos Group

7D

-8.2%

1Y

-17.0%

Kainos Group (LON:KNOS) Is Due To Pay A Dividend Of £0.093

Nov 14
Kainos Group (LON:KNOS) Is Due To Pay A Dividend Of £0.093

SCT

UK£15.90

Softcat

7D

-3.5%

1Y

28.2%

Softcat (LON:SCT) Is Increasing Its Dividend To £0.39

Nov 05
Softcat (LON:SCT) Is Increasing Its Dividend To £0.39

CCC

UK£21.98

Computacenter

7D

-0.7%

1Y

-20.3%

CLCO

UK£0.0025

CloudCoCo Group

7D

-26.5%

1Y

-69.7%

CLBS

UK£3.03

Celebrus Technologies

7D

-2.1%

1Y

63.5%

NCC

UK£1.55

NCC Group

7D

-0.4%

1Y

38.6%

GST

UK£0.014

GSTechnologies

7D

20.8%

1Y

11.8%

KCT

UK£1.30

Kin and Carta

7D

0.2%

1Y

62.0%