U.K. (FTSE) IT Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 05 Jun 2026	UK£10.6b	UK£12.4b	UK£268.6m	27.1x	39.5x	0.9x
Sun, 03 May 2026	UK£8.8b	UK£12.3b	UK£256.0m	27.1x	34.4x	0.7x
Tue, 31 Mar 2026	UK£7.3b	UK£12.3b	UK£259.5m	26.2x	28.2x	0.6x
Thu, 26 Feb 2026	UK£7.5b	UK£10.7b	UK£268.9m	27.1x	27.9x	0.7x
Sat, 24 Jan 2026	UK£8.7b	UK£10.7b	UK£267.3m	23.9x	32.6x	0.8x
Mon, 22 Dec 2025	UK£8.5b	UK£10.7b	UK£267.3m	23.1x	31.8x	0.8x
Wed, 19 Nov 2025	UK£8.2b	UK£10.8b	UK£267.3m	24.2x	30.6x	0.8x
Fri, 17 Oct 2025	UK£8.3b	UK£10.4b	UK£266.2m	27.6x	31.4x	0.8x
Sun, 14 Sep 2025	UK£8.0b	UK£10.4b	UK£260.3m	25.5x	30.6x	0.8x
Tue, 12 Aug 2025	UK£7.7b	UK£9.5b	UK£272.7m	23.7x	28.1x	0.8x
Thu, 10 Jul 2025	UK£8.0b	UK£9.5b	UK£328.4m	25.1x	24.5x	0.8x
Sat, 07 Jun 2025	UK£8.7b	UK£9.5b	UK£311.1m	25.5x	27.9x	0.9x
Mon, 05 May 2025	UK£8.4b	UK£9.6b	UK£330.5m	19.2x	25.3x	0.9x
Wed, 02 Apr 2025	UK£8.1b	UK£9.6b	UK£330.5m	19.3x	24.4x	0.8x
Fri, 28 Feb 2025	UK£7.7b	UK£9.0b	UK£333.3m	23.3x	23x	0.9x
Sun, 26 Jan 2025	UK£7.9b	UK£9.0b	UK£332.1m	24.2x	23.6x	0.9x
Tue, 24 Dec 2024	UK£8.0b	UK£9.0b	UK£337.2m	25.8x	23.8x	0.9x
Thu, 21 Nov 2024	UK£8.4b	UK£9.0b	UK£327.4m	26.6x	25.5x	0.9x
Sat, 19 Oct 2024	UK£10.6b	UK£9.7b	UK£294.5m	24.3x	36x	1.1x
Mon, 16 Sep 2024	UK£10.7b	UK£9.7b	UK£333.5m	26.2x	32.1x	1.1x
Wed, 14 Aug 2024	UK£11.2b	UK£10.1b	UK£361.0m	27.3x	31.2x	1.1x
Fri, 12 Jul 2024	UK£11.6b	UK£10.2b	UK£385.5m	26.6x	30.1x	1.1x
Sun, 09 Jun 2024	UK£11.6b	UK£10.2b	UK£380.5m	29.1x	30.5x	1.1x
Tue, 07 May 2024	UK£10.1b	UK£10.2b	UK£374.7m	28.3x	26.8x	1x
Thu, 04 Apr 2024	UK£10.3b	UK£10.4b	UK£353.9m	27.9x	29.2x	1x
Sat, 02 Mar 2024	UK£10.8b	UK£10.8b	UK£359.5m	25.7x	30x	1x
Mon, 29 Jan 2024	UK£11.1b	UK£12.8b	UK£366.8m	25.5x	30.2x	0.9x
Wed, 27 Dec 2023	UK£10.9b	UK£12.8b	UK£376.6m	24.2x	28.8x	0.8x
Fri, 24 Nov 2023	UK£10.4b	UK£13.4b	UK£388.9m	26.7x	26.9x	0.8x
Sun, 22 Oct 2023	UK£10.6b	UK£13.4b	UK£371.7m	25.9x	28.5x	0.8x
Tue, 19 Sep 2023	UK£11.0b	UK£13.4b	UK£389.1m	27.1x	28.4x	0.8x
Thu, 17 Aug 2023	UK£10.8b	UK£12.5b	UK£407.1m	27x	26.4x	0.9x
Sat, 15 Jul 2023	UK£11.1b	UK£12.5b	UK£400.3m	26.9x	27.8x	0.9x
Mon, 12 Jun 2023	UK£11.2b	UK£12.5b	UK£423.9m	26.3x	26.4x	0.9x

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 39.5x which is higher than its 3-year average PE of 28.7x.

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 14% 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 Market	-0.63%
Tech	3.96%
IT	7.17%
IT Consulting	7.41%
Internet Services and Infrastructure	1.06%
Data Processing Services	-8.97%

Industry PE

Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 25.6x.

Analysts expect its future annual earnings growth (12.8%) to be largely in line with prior year's earnings growth.

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 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
SCT Softcat	UK£18.72	7.8% +UK£265.0m	2.9%	PE26x
BKS Beeks Financial Cloud Group	UK£1.63	7.3% +UK£7.5m	-22.4%	PE119x
TPX TPXimpact Holdings	UK£0.58	10.4% +UK£5.1m	178.6%	PS0.7x
NCC NCC Group	UK£1.44	1.3% +UK£4.9m	-9.6%	PS1.6x
IOM iomart Group	UK£0.19	7.5% +UK£1.5m	-37.7%	PS0.1x

Ikigai Ventures Limited Announces Intention to Delist Ordinary Shares from London Stock Exchange

In view of Ikigai Ventures Limited's ("Ikigai Ventures" or the "Company") proposed application for admission of its Ordinary Shares to trading on AIM concurrent with the acquisitions of Dotlines Global Limited and Audra Solutions Limited, the directors of Ikigai Ventures hereby give notice of their intention to request the Financial Conduct Authority ("FCA") to cancel the listing of the Company's ordinary shares (ISIN: GG00BPG8J619) (the "Ordinary Shares") on the Equity Shares (shell companies) category of the Official List of the FCA (the "Official List"), and to request London Stock Exchange plc ("LSE") to cancel the admission to trading of the Ordinary Shares on the Main Market for listed securities of the LSE (together, the "Delisting"). On 21 August 2025, the Company announced that it had entered into non-binding heads of terms for the acquisitions of Dotlines Global Limited and Audra Solutions Limited, which would constitute an "initial transaction" under the Listing Rules (the "Proposed Transaction"). The Company is progressing the Proposed Transaction and expects to be able to provide further details and convene a shareholder meeting to approve the Proposed Transaction shortly. In the meantime, pursuant to Listing Rule 21.2.17R, the Company is required to give at least 20 business days' notice of its intended date of Delisting. Accordingly, it is intended that the Delisting will become effective on 28 April 2026 at 8.00 a.m. (BST), such that the last date of listing on the Official List and trading of the Ordinary Shares on the Main Market of the LSE would be on 27 April 2026. A further update will be provided to confirm the Delisting date. This notice of Delisting is made in anticipation of the Company's proposed application for the admission of the Ordinary Shares to trading on AIM concurrent with completion of the Proposed Transaction. Further details of the Proposed Transaction and a shareholder meeting to approve the Proposed Transaction will be provided before the Delisting date.

U.K. (FTSE) IT Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

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