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U.K. (FTSE) IT Industry Analysis

UpdatedJun 23, 2026
DataAggregated Company Financials
Companies21
  • 7D1.1%
  • 3M40.4%
  • 1Y1.4%
  • YTD23.9%

In the last week, the IT industry is up 1.1%, with Computacenter up 3.9%. Meanwhile, Kainos Group actually underperformed within the industry, shrinking 5.5% in the last week. Overall in the last year, the industry is flat. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jun 2026UK£10.1bUK£12.4bUK£264.4m28.2x38.2x0.8x
Thu, 21 May 2026UK£9.2bUK£12.4bUK£268.6m27.1x34.1x0.7x
Sat, 18 Apr 2026UK£8.3bUK£12.3bUK£256.1m30.2x32.5x0.7x
Mon, 16 Mar 2026UK£7.7bUK£12.1bUK£263.3m28.5x29.1x0.6x
Wed, 11 Feb 2026UK£7.7bUK£10.7bUK£267.3m24.2x28.9x0.7x
Fri, 09 Jan 2026UK£8.8bUK£10.7bUK£267.3m22.9x32.8x0.8x
Sun, 07 Dec 2025UK£8.7bUK£10.8bUK£261.6m24.1x33.1x0.8x
Tue, 04 Nov 2025UK£8.6bUK£10.8bUK£273.8m26.8x31.4x0.8x
Thu, 02 Oct 2025UK£8.3bUK£10.4bUK£265.7m27.7x31.3x0.8x
Sat, 30 Aug 2025UK£7.8bUK£9.5bUK£272.7m23.9x28.4x0.8x
Mon, 28 Jul 2025UK£7.8bUK£9.6bUK£278.2m24.5x28.1x0.8x
Wed, 25 Jun 2025UK£8.4bUK£9.5bUK£329.0m25.6x25.6x0.9x
Fri, 23 May 2025UK£8.5bUK£9.5bUK£319.3m20.7x26.7x0.9x
Sun, 20 Apr 2025UK£7.8bUK£9.6bUK£330.6m20.4x23.5x0.8x
Tue, 18 Mar 2025UK£7.7bUK£9.0bUK£333.5m20.7x23x0.9x
Thu, 13 Feb 2025UK£8.0bUK£9.0bUK£333.3m21.6x24x0.9x
Sat, 11 Jan 2025UK£7.8bUK£9.0bUK£335.5m25.2x23.3x0.9x
Mon, 09 Dec 2024UK£8.4bUK£9.0bUK£337.2m28.3x25x0.9x
Wed, 06 Nov 2024UK£8.4bUK£9.0bUK£322.5m23.1x26.2x0.9x
Fri, 04 Oct 2024UK£10.7bUK£9.7bUK£292.4m24.3x36.5x1.1x
Sun, 01 Sep 2024UK£11.5bUK£10.1bUK£360.9m27.6x31.8x1.1x
Tue, 30 Jul 2024UK£11.4bUK£10.2bUK£384.5m26.9x29.7x1.1x
Thu, 27 Jun 2024UK£11.9bUK£10.2bUK£381.2m27.4x31.1x1.2x
Sat, 25 May 2024UK£11.8bUK£10.2bUK£380.7m29.1x31x1.2x
Mon, 22 Apr 2024UK£9.9bUK£10.4bUK£355.2m27.3x27.8x0.9x
Wed, 20 Mar 2024UK£10.8bUK£10.8bUK£348.4m27.7x30.9x1x
Fri, 16 Feb 2024UK£11.0bUK£10.8bUK£359.4m25.6x30.6x1x
Sun, 14 Jan 2024UK£10.6bUK£12.8bUK£376.4m25.6x28.1x0.8x
Tue, 12 Dec 2023UK£10.2bUK£12.8bUK£379.4m23.1x26.8x0.8x
Thu, 09 Nov 2023UK£10.7bUK£13.4bUK£379.9m24.9x28.3x0.8x
Sat, 07 Oct 2023UK£10.9bUK£13.4bUK£372.3m26.1x29.4x0.8x
Mon, 04 Sep 2023UK£10.9bUK£12.6bUK£389.7m28x28x0.9x
Wed, 02 Aug 2023UK£11.1bUK£12.5bUK£404.7m27x27.4x0.9x
Fri, 30 Jun 2023UK£10.9bUK£12.5bUK£425.7m25.9x25.6x0.9x
Price to Earnings Ratio

25.6x


Total Market Cap: UK£10.9bTotal Earnings: UK£425.7mTotal Revenue: UK£12.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. IT Industry Price to Earnings3Y Average 28.9x202420252026
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 38.2x which is higher than its 3-year average PE of 28.9x.
  • 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 15% 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-0.40%
Tech-0.36%
IT1.06%
Internet Services and Infrastructure3.97%
IT Consulting0.93%
Data Processing Services-11.94%
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 14.7%, which is higher than its past year's earnings growth of 12.5% 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
CCC ComputacenterUK£42.503.9%
+UK£167.9m		68.3%PE29x
RCN RedcentricUK£1.307.0%
+UK£13.5m		0.8%PE74.2x
TPX TPXimpact HoldingsUK£0.7416.4%
+UK£9.8m		272.5%PS0.9x
TRD Triad GroupUK£3.1510.5%
+UK£5.2m		6.8%PE32.3x
BKS Beeks Financial Cloud GroupUK£2.101.0%
+UK£1.4m		-5.8%PE153.8x

Latest News

TRD
UK£3.15
Triad Group
7D
10.5%
1Y
6.8%
IOM
UK£0.14
iomart Group
7D
-18.0%
1Y
-50.9%
CCC
UK£42.50
Computacenter
7D
3.9%
1Y
68.3%
CLBS
UK£0.78
Celebrus Technologies
7D
-6.6%
1Y
-47.6%
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.
RCN
UK£1.30
Redcentric
7D
7.0%
1Y
0.8%
TPX
UK£0.74
TPXimpact Holdings
7D
16.4%
1Y
272.5%
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£0.29
Smarter Web
7D
-4.5%
1Y
-93.0%
SCT
UK£17.60
Softcat
7D
-1.9%
1Y
0.4%
RCGH
UK£0.021
RC365 Holding
7D
10.3%
1Y
115.0%
NCC
UK£1.24
NCC Group
7D
-5.5%
1Y
-12.8%
FDM
UK£1.00
FDM Group (Holdings)
7D
-5.5%
1Y
-52.7%
ING
UK£0.86
Ingenta
7D
-6.5%
1Y
35.2%
KNOS
UK£7.87
Kainos Group
7D
-4.2%
1Y
5.4%
CLCO
UK£0.0022
CloudCoCo Group
7D
4.9%
1Y
-17.3%
BKS
UK£2.10
Beeks Financial Cloud Group
7D
1.0%
1Y
-5.8%