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U.K. (FTSE) IT Industry Analysis

UpdatedJun 28, 2026
DataAggregated Company Financials
Companies21
  • 7D0.4%
  • 3M39.8%
  • 1Y15.3%
  • YTD23.6%

The IT industry has stayed flat over the last week. The past year has been better, since the industry has gained 15% in that time. 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, 28 Jun 2026UK£10.1bUK£12.4bUK£315.7m29x32x0.8x
Tue, 26 May 2026UK£9.9bUK£12.4bUK£268.6m27.1x36.7x0.8x
Thu, 23 Apr 2026UK£8.6bUK£12.3bUK£256.1m30.1x33.4x0.7x
Sat, 21 Mar 2026UK£7.5bUK£12.4bUK£269.4m27.8x27.9x0.6x
Mon, 16 Feb 2026UK£7.4bUK£10.7bUK£267.3m23.4x27.8x0.7x
Wed, 14 Jan 2026UK£8.7bUK£10.7bUK£267.3m22.9x32.6x0.8x
Fri, 12 Dec 2025UK£8.6bUK£10.8bUK£261.7m23.2x32.9x0.8x
Sun, 09 Nov 2025UK£8.2bUK£10.8bUK£273.8m25.5x30.1x0.8x
Tue, 07 Oct 2025UK£8.5bUK£10.4bUK£266.3m27.8x31.8x0.8x
Thu, 04 Sep 2025UK£7.8bUK£9.5bUK£272.7m24.8x28.6x0.8x
Sat, 02 Aug 2025UK£7.7bUK£9.6bUK£277.1m24.4x27.7x0.8x
Mon, 30 Jun 2025UK£8.2bUK£9.5bUK£329.0m25.1x25x0.9x
Wed, 28 May 2025UK£8.6bUK£9.5bUK£311.1m25.3x27.5x0.9x
Fri, 25 Apr 2025UK£7.9bUK£9.6bUK£330.6m17x23.8x0.8x
Sun, 23 Mar 2025UK£8.3bUK£9.6bUK£330.5m20.9x25.2x0.9x
Tue, 18 Feb 2025UK£8.1bUK£9.0bUK£333.3m21.6x24.3x0.9x
Thu, 16 Jan 2025UK£7.8bUK£9.0bUK£335.5m24.5x23.3x0.9x
Sat, 14 Dec 2024UK£8.2bUK£9.0bUK£337.7m28.3x24.3x0.9x
Mon, 11 Nov 2024UK£8.5bUK£9.0bUK£324.2m28x26.1x0.9x
Wed, 09 Oct 2024UK£10.5bUK£9.7bUK£294.1m23.9x35.8x1.1x
Fri, 06 Sep 2024UK£10.9bUK£10.1bUK£360.9m26.6x30.3x1.1x
Sun, 04 Aug 2024UK£11.2bUK£10.2bUK£358.5m27.1x31.3x1.1x
Tue, 02 Jul 2024UK£11.9bUK£10.2bUK£383.0m26.6x30.9x1.2x
Thu, 30 May 2024UK£11.6bUK£10.2bUK£380.6m28.7x30.4x1.1x
Sat, 27 Apr 2024UK£9.9bUK£10.2bUK£374.8m27.7x26.3x1x
Mon, 25 Mar 2024UK£10.2bUK£10.5bUK£352.7m26.6x28.9x1x
Wed, 21 Feb 2024UK£10.8bUK£10.8bUK£359.4m24.9x30x1x
Fri, 19 Jan 2024UK£10.6bUK£12.8bUK£376.2m25.2x28.3x0.8x
Sun, 17 Dec 2023UK£10.4bUK£12.8bUK£379.5m23.5x27.4x0.8x
Tue, 14 Nov 2023UK£10.3bUK£13.4bUK£380.0m24.7x27x0.8x
Thu, 12 Oct 2023UK£10.9bUK£13.4bUK£371.5m26x29.3x0.8x
Sat, 09 Sep 2023UK£11.4bUK£12.6bUK£389.5m28x29.2x0.9x
Mon, 07 Aug 2023UK£10.9bUK£12.5bUK£404.9m26.6x27x0.9x
Wed, 05 Jul 2023UK£11.1bUK£12.5bUK£427.6m26.3x25.9x0.9x
Price to Earnings Ratio

25.9x


Total Market Cap: UK£11.1bTotal Earnings: UK£427.6mTotal 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 relatively neutral on the British IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio 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 9.6% 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 Market1.14%
Tech-2.02%
IT0.42%
IT Consulting0.49%
Internet Services and Infrastructure-1.22%
Data Processing Services-7.04%
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£18.132.3%
+UK£78.5m		5.1%PE25.2x
CCC ComputacenterUK£42.540.2%
+UK£8.4m		77.4%PE29x
TRD Triad GroupUK£3.1510.5%
+UK£5.2m		5.0%PE32.3x
BKS Beeks Financial Cloud GroupUK£2.083.8%
+UK£5.1m		-9.8%PE152x
TPX TPXimpact HoldingsUK£0.701.4%
+UK£934.9k		233.3%PS0.8x

Latest News

RCN
UK£1.25
Redcentric
7D
-2.0%
1Y
0%
GST
UK£0.0037
GSTechnologies
7D
-11.8%
1Y
-69.4%
SCT
UK£18.13
Softcat
7D
2.3%
1Y
5.1%
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.
ING
UK£0.61
Ingenta
7D
-31.5%
1Y
-5.4%
IOM
UK£0.14
iomart Group
7D
-21.7%
1Y
-50.2%
TRD
UK£3.15
Triad Group
7D
10.5%
1Y
5.0%
CCC
UK£42.54
Computacenter
7D
0.2%
1Y
77.4%
CLBS
UK£0.76
Celebrus Technologies
7D
-3.8%
1Y
-48.6%
Narrative Update • Jun 22

CLBS: Rising AI Data Adoption Will Support Higher Long Term Margins

Analysts have kept their £1.75 price target for Celebrus Technologies unchanged, citing only small adjustments in assumptions, such as a slightly higher discount rate and modestly lower projected profit margin, that did not materially alter their valuation view. What’s in the News for Celebrus Technologies Celebrus Technologies launched Celebrus AI, a conversational analytics tool that lets business users ask natural language questions directly against real time, first party behavioral customer data.
TPX
UK£0.70
TPXimpact Holdings
7D
1.4%
1Y
233.3%
Narrative Update • Jun 17

TPX: New Justice Contract And Margin Expansion Will Support Future Upside

Analysts have raised their fair value estimate for TPXimpact Holdings to £0.93 from £0.59, citing updated assumptions for revenue growth, profit margins, a lower discount rate, and a revised future P/E framework. What’s in the News for TPXimpact Holdings TPXimpact Holdings was selected as the successful bidder for a £16 million, 2 year Product Team Bench Model Services contract with the Ministry of Justice (MoJ), following a competitive tender process.
SWC
UK£0.27
Smarter Web
7D
-6.8%
1Y
-86.5%
NCC
UK£1.23
NCC Group
7D
-2.1%
1Y
-13.2%
KNOS
UK£7.70
Kainos Group
7D
-2.8%
1Y
4.9%
BKS
UK£2.08
Beeks Financial Cloud Group
7D
3.8%
1Y
-9.8%