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U.K. (FTSE) IT Industry Analysis

UpdatedJul 05, 2026
DataAggregated Company Financials
Companies20
  • 7D4.4%
  • 3M38.5%
  • 1Y17.9%
  • YTD29.1%

In the last week, the IT industry is up 4.4%, with Softcat up 7.7%. Meanwhile, Beeks Financial Cloud Group actually underperformed within the industry, shrinking 6.0% in the last week. This takes the industry's 12 month performance to a gain of 18%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Jul 2026UK£10.5bUK£12.4bUK£242.2m28.6x43.5x0.9x
Tue, 02 Jun 2026UK£10.3bUK£12.4bUK£268.6m27.1x38.4x0.8x
Thu, 30 Apr 2026UK£8.8bUK£12.3bUK£256.0m28.7x34.5x0.7x
Sat, 28 Mar 2026UK£7.3bUK£12.4bUK£269.4m26.9x27.2x0.6x
Mon, 23 Feb 2026UK£7.6bUK£10.7bUK£268.9m27.6x28.4x0.7x
Wed, 21 Jan 2026UK£8.3bUK£10.7bUK£267.3m22.1x31.2x0.8x
Fri, 19 Dec 2025UK£8.5bUK£10.7bUK£267.5m23.1x31.8x0.8x
Sun, 16 Nov 2025UK£8.3bUK£10.8bUK£269.0m24.5x31x0.8x
Tue, 14 Oct 2025UK£8.5bUK£10.4bUK£266.2m28x31.8x0.8x
Thu, 11 Sep 2025UK£8.0bUK£10.4bUK£261.6m25.5x30.5x0.8x
Sat, 09 Aug 2025UK£7.7bUK£9.5bUK£272.7m24.2x28.3x0.8x
Mon, 07 Jul 2025UK£8.0bUK£9.5bUK£328.4m25.1x24.3x0.8x
Wed, 04 Jun 2025UK£8.6bUK£9.5bUK£311.1m25.1x27.6x0.9x
Fri, 02 May 2025UK£8.3bUK£9.6bUK£330.5m18.9x25.1x0.9x
Sun, 30 Mar 2025UK£8.1bUK£9.6bUK£330.5m20.1x24.6x0.9x
Tue, 25 Feb 2025UK£7.8bUK£9.0bUK£333.3m22.8x23.5x0.9x
Thu, 23 Jan 2025UK£7.7bUK£9.0bUK£332.0m23.5x23.3x0.9x
Sat, 21 Dec 2024UK£8.0bUK£9.0bUK£337.2m25.7x23.6x0.9x
Mon, 18 Nov 2024UK£8.5bUK£9.0bUK£327.4m27.1x25.9x0.9x
Wed, 16 Oct 2024UK£10.5bUK£9.7bUK£294.5m23.8x35.6x1.1x
Fri, 13 Sep 2024UK£10.7bUK£9.7bUK£333.5m26.2x32x1.1x
Sun, 11 Aug 2024UK£11.2bUK£10.1bUK£361.0m27.1x30.9x1.1x
Tue, 09 Jul 2024UK£11.7bUK£10.2bUK£382.9m26.6x30.6x1.1x
Thu, 06 Jun 2024UK£11.6bUK£10.2bUK£380.6m29.1x30.6x1.1x
Sat, 04 May 2024UK£10.1bUK£10.2bUK£374.7m28.3x26.8x1x
Mon, 01 Apr 2024UK£10.4bUK£10.4bUK£353.9m27.9x29.3x1x
Wed, 28 Feb 2024UK£10.8bUK£10.8bUK£359.5m25.5x30.1x1x
Fri, 26 Jan 2024UK£11.0bUK£12.8bUK£376.2m26.1x29.1x0.9x
Sun, 24 Dec 2023UK£10.9bUK£12.8bUK£376.6m24.2x28.8x0.8x
Tue, 21 Nov 2023UK£10.6bUK£13.4bUK£384.2m24.5x27.6x0.8x
Thu, 19 Oct 2023UK£10.7bUK£13.4bUK£371.6m25.6x28.7x0.8x
Sat, 16 Sep 2023UK£11.3bUK£13.4bUK£389.0m27.8x29x0.8x
Mon, 14 Aug 2023UK£11.0bUK£12.5bUK£404.5m27x27.1x0.9x
Wed, 12 Jul 2023UK£10.6bUK£12.5bUK£413.5m25.6x25.7x0.9x
Price to Earnings Ratio

25.7x


Total Market Cap: UK£10.6bTotal Earnings: UK£413.5mTotal Revenue: UK£12.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. IT Industry Price to Earnings3Y Average 29x202420252026
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 43.5x which is higher than its 3-year average PE of 29.0x.
  • 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 Market1.61%
Tech3.02%
IT4.42%
Data Processing Services4.88%
IT Consulting4.69%
Internet Services and Infrastructure-2.12%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 25.7x.
    • Analysts are expecting annual earnings growth of 14.8%, which is higher than its past year's earnings decline of 1.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Data Processing Services industry, expecting annual earnings growth of 97% over the next 5 years.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 15% 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£19.527.7%
+UK£272.9m		17.8%PE27.2x
CCC ComputacenterUK£43.863.1%
+UK£138.5m		91.7%PE29.9x
NCC NCC GroupUK£1.294.5%
+UK£15.3m		-9.3%PS1.5x
KNOS Kainos GroupUK£7.811.5%
+UK£13.3m		6.5%PE21.2x
SWC Smarter WebUK£0.285.1%
+UK£4.9m		-91.2%PS214.5x

Latest News

KNOS
UK£7.81
Kainos Group
7D
1.5%
1Y
6.5%
CLCO
UK£0.0018
CloudCoCo Group
7D
-7.9%
1Y
-41.7%
BKS
UK£1.95
Beeks Financial Cloud Group
7D
-6.0%
1Y
-10.6%
IOM
UK£0.14
iomart Group
7D
-3.5%
1Y
-53.2%
RCGH
UK£0.028
RC365 Holding
7D
52.8%
1Y
161.9%
TRD
UK£3.30
Triad Group
7D
4.8%
1Y
10.0%
Analysis Article • Jun 29

Investors Can Find Comfort In Triad Group's (LON:TRD) Earnings Quality

Triad Group plc's ( LON:TRD ) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed...
SCT
UK£19.52
Softcat
7D
7.7%
1Y
17.8%
Narrative Update • Jun 26

SCT: Dividend Growth And Buybacks Will Support Balanced Future Returns

Analysts have adjusted their Softcat price target from £16.58 to £18.19, citing updated assumptions related to revenue growth, profit margins, the discount rate, and the stock's future P/E. What’s in the News for Softcat No recent Softcat specific news items were available from the provided sources for this period.
CCC
UK£43.86
Computacenter
7D
3.1%
1Y
91.7%
SWC
UK£0.28
Smarter Web
7D
5.1%
1Y
-91.2%
NCC
UK£1.29
NCC Group
7D
4.5%
1Y
-9.3%
FDM
UK£1.07
FDM Group (Holdings)
7D
3.7%
1Y
-51.0%
TIA
UK£0.49
Tialis Essential IT
7D
-1.0%
1Y
-23.4%
MTEC
UK£0.38
Made Tech Group
7D
-0.7%
1Y
4.8%