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U.K. (FTSE) IT Industry Analysis

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies43
  • 7D4.4%
  • 3M16.8%
  • 1Y-26.9%
  • YTD-24.1%

Over the last 7 days, the IT industry has risen 4.4%, driven by gains from Kaspi.kz of 8.3%. In contrast, the industry has lost 27% in the last 12 months. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022UK£38.8bUK£21.7bUK£1.8b30.4x22x1.8x
Fri, 28 Oct 2022UK£35.4bUK£21.6bUK£1.8b27.1x19.9x1.6x
Sun, 25 Sep 2022UK£32.8bUK£21.7bUK£1.7b26x19.8x1.5x
Tue, 23 Aug 2022UK£32.4bUK£20.6bUK£1.6b28.7x19.8x1.6x
Thu, 21 Jul 2022UK£29.5bUK£20.5bUK£1.8b29.5x16.5x1.4x
Sat, 18 Jun 2022UK£19.3bUK£18.1bUK£805.9m35.3x24x1.1x
Mon, 16 May 2022UK£19.9bUK£17.9bUK£790.1m33.4x25.2x1.1x
Wed, 13 Apr 2022UK£25.5bUK£17.9bUK£782.6m35.7x32.6x1.4x
Fri, 11 Mar 2022UK£24.7bUK£17.3bUK£800.1m31.2x30.9x1.4x
Sun, 06 Feb 2022UK£27.3bUK£17.2bUK£770.9m36.3x35.4x1.6x
Tue, 04 Jan 2022UK£30.2bUK£15.5bUK£773.3m41.7x39.1x2x
Thu, 02 Dec 2021UK£30.3bUK£15.4bUK£744.1m42.6x40.7x2x
Sat, 30 Oct 2021UK£30.1bUK£15.2bUK£729.4m44.1x41.3x2x
Mon, 27 Sep 2021UK£31.4bUK£13.9bUK£703.3m47.7x44.7x2.3x
Wed, 25 Aug 2021UK£31.3bUK£13.9bUK£661.1m46.6x47.4x2.3x
Thu, 01 Jul 2021UK£19.0bUK£13.5bUK£630.2m40.4x30.2x1.4x
Sun, 04 Apr 2021UK£18.9bUK£13.1bUK£462.0m42.2x40.8x1.4x
Wed, 06 Jan 2021UK£16.5bUK£9.4bUK£289.1m44x57.1x1.8x
Sat, 10 Oct 2020UK£14.0bUK£9.2bUK£303.6m37.1x46.2x1.5x
Fri, 03 Jul 2020UK£13.0bUK£9.1bUK£319.3m30.4x40.8x1.4x
Mon, 06 Apr 2020UK£11.3bUK£9.0bUK£324.0m26x34.9x1.3x
Thu, 09 Jan 2020UK£16.0bUK£8.9bUK£338.1m30.7x47.2x1.8x
Price to Earnings Ratio

44.6x


Total Market Cap: UK£15.1bTotal Earnings: UK£337.7mTotal Revenue: UK£8.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. IT Industry Price to Earnings3Y Average 46.9x202020212022
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 22.0x which is lower than its 3-year average PE of 46.9x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 74% per year over the last three years.
  • Revenues for these companies have grown 35% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

GB Market1.10%
Tech2.00%
IT4.39%
Data Processing Services6.15%
Internet Services and Infrastructure2.37%
IT Consulting1.14%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 126x.
    • Analysts are expecting annual earnings growth of 6.3%, which is higher than its past year's earnings decline of 46.5% per year.
  • Investors are most pessimistic about the Data Processing Services industry, which is trading below its 3-year average of 105x.
Forecasted Growth
  • Analysts are most optimistic on the Data Processing Services industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 6.3% 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
KSPI Kaspi.kzUS$76.106.3%
+US$859.0m
-41.0%PE12.7x
KWS Keywords StudiosUK£28.904.5%
+UK£96.4m
7.1%PE55.7x
SCT SoftcatUK£12.871.9%
+UK£47.7m
-30.4%PE23.2x
NETW Network International HoldingsUK£3.362.6%
+UK£45.8m
25.7%PE30x
WISE WiseUK£6.120.7%
+UK£43.0m
-24.7%PE190.5x
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Latest News

KSPI

US$76.10

Kaspi.kz

7D

6.3%

1Y

-41.0%

KWS

UK£28.90

Keywords Studios

7D

4.5%

1Y

7.1%

KNOS

UK£16.11

Kainos Group

7D

-7.0%

1Y

-13.3%

WISE

UK£6.12

Wise

7D

0.7%

1Y

-24.7%

TPX

UK£0.41

TPXimpact Holdings

7D

-10.9%

1Y

-84.4%

RCN

UK£1.09

Redcentric

7D

-5.2%

1Y

-12.9%

MTEC

UK£0.28

Made Tech Group

7D

-5.9%

1Y

-74.7%

CPI

UK£0.25

Capita

7D

-5.2%

1Y

-44.0%

CCC

UK£19.93

Computacenter

7D

-2.7%

1Y

-29.2%

NCC

UK£2.11

NCC Group

7D

2.7%

1Y

-7.9%

KCT

UK£2.35

Kin and Carta

7D

-4.9%

1Y

-21.4%

IOM

UK£1.15

iomart Group

7D

-3.4%

1Y

-23.3%