Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.K. (FTSE) IT Industry Analysis

UpdatedMar 15, 2026
DataAggregated Company Financials
Companies21
  • 7D-3.8%
  • 3M-11.4%
  • 1Y-0.8%
  • YTD-7.4%

Over the last 7 days, the IT industry has dropped 3.8%, driven by Computacenter declining 6.3%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Mar 2026UK£7.7bUK£12.1bUK£263.3m28.5x29.1x0.6x
Tue, 10 Feb 2026UK£7.7bUK£10.7bUK£267.3m23.9x28.7x0.7x
Thu, 08 Jan 2026UK£8.5bUK£10.7bUK£267.3m22.4x31.7x0.8x
Sat, 06 Dec 2025UK£8.7bUK£10.8bUK£261.6m24.1x33.1x0.8x
Mon, 03 Nov 2025UK£8.6bUK£10.8bUK£273.8m26.8x31.4x0.8x
Wed, 01 Oct 2025UK£8.4bUK£10.4bUK£265.7m27.9x31.6x0.8x
Fri, 29 Aug 2025UK£7.8bUK£9.5bUK£272.7m23.5x28.5x0.8x
Sun, 27 Jul 2025UK£7.8bUK£9.6bUK£278.2m24.5x28.1x0.8x
Tue, 24 Jun 2025UK£8.4bUK£9.5bUK£321.8m25.4x26.2x0.9x
Thu, 22 May 2025UK£8.5bUK£9.5bUK£319.3m20.8x26.7x0.9x
Sat, 19 Apr 2025UK£7.8bUK£9.6bUK£330.6m20.4x23.5x0.8x
Mon, 17 Mar 2025UK£7.7bUK£9.0bUK£333.4m20.7x23.1x0.9x
Wed, 12 Feb 2025UK£8.1bUK£9.0bUK£333.2m21.6x24.2x0.9x
Fri, 10 Jan 2025UK£7.8bUK£9.0bUK£335.5m25.1x23.2x0.9x
Sun, 08 Dec 2024UK£8.4bUK£9.0bUK£337.2m28.3x25x0.9x
Tue, 05 Nov 2024UK£8.5bUK£9.0bUK£322.5m23.1x26.2x0.9x
Thu, 03 Oct 2024UK£10.7bUK£9.7bUK£292.7m24.7x36.6x1.1x
Sat, 31 Aug 2024UK£11.5bUK£10.1bUK£360.9m27.6x31.8x1.1x
Mon, 29 Jul 2024UK£11.4bUK£10.2bUK£384.6m27.3x29.8x1.1x
Wed, 26 Jun 2024UK£11.9bUK£10.2bUK£381.2m27.6x31.2x1.2x
Fri, 24 May 2024UK£11.8bUK£10.2bUK£380.7m29.1x31x1.2x
Sun, 21 Apr 2024UK£9.9bUK£10.4bUK£355.2m27.3x27.8x0.9x
Tue, 19 Mar 2024UK£10.8bUK£10.8bUK£348.4m27.9x31.1x1x
Thu, 15 Feb 2024UK£11.0bUK£10.8bUK£359.3m25.9x30.7x1x
Sat, 13 Jan 2024UK£10.6bUK£12.8bUK£376.4m25.6x28.1x0.8x
Mon, 11 Dec 2023UK£10.1bUK£12.8bUK£379.4m22.9x26.6x0.8x
Wed, 08 Nov 2023UK£10.7bUK£13.4bUK£379.9m24.6x28.1x0.8x
Fri, 06 Oct 2023UK£10.8bUK£13.4bUK£372.3m25.9x28.9x0.8x
Sun, 03 Sep 2023UK£10.9bUK£12.6bUK£389.7m28x28x0.9x
Tue, 01 Aug 2023UK£11.3bUK£12.5bUK£404.7m27x27.8x0.9x
Thu, 29 Jun 2023UK£10.8bUK£12.5bUK£425.5m25.8x25.5x0.9x
Sat, 27 May 2023UK£11.1bUK£12.5bUK£424.4m26.2x26.2x0.9x
Mon, 24 Apr 2023UK£11.6bUK£12.4bUK£422.6m25x27.5x0.9x
Wed, 22 Mar 2023UK£11.5bUK£13.2bUK£422.5m27.2x27.2x0.9x
Price to Earnings Ratio

27.2x


Total Market Cap: UK£11.5bTotal Earnings: UK£422.5mTotal Revenue: UK£13.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. IT Industry Price to Earnings3Y Average 28.3x202420252026
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 28.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 15% per year over the last three years,
  • Revenues have also declined 2.8% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

GB Market-0.58%
Tech-1.58%
IT-3.77%
Data Processing Services0%0
IT Consulting-3.73%
Internet Services and Infrastructure-4.49%
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 25.6x.
    • Analysts are expecting annual earnings growth of 17.0%, which is higher than its past year's earnings decline of 10.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings decline of 10% per year.
  • In contrast, the Internet Services and Infrastructure industry is expected to see its earnings decline by 30% 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
SWC Smarter WebUK£0.312.1%
+UK£2.3m		n/aPE67.5x
GST GSTechnologiesUK£0.003710.3%
+UK£813.8k		-75.4%PS5.4x
SPA 1SpatialUK£0.720.7%
+UK£559.3k		11.6%PE2777.2x
CLCO CloudCoCo GroupUK£0.001960.9%
+UK£494.4k		19.4%PE0.4x

Latest News

CCC
UK£30.26
Computacenter
7D
-6.3%
1Y
29.9%
KNOS
UK£7.86
Kainos Group
7D
-3.7%
1Y
9.2%
CLCO
UK£0.0019
CloudCoCo Group
7D
60.9%
1Y
19.4%
SCT
UK£11.65
Softcat
7D
-0.2%
1Y
-22.0%

SCT: Buybacks And Rising Dividends Will Drive Strong Future Returns

Analysts have trimmed their fair value estimate for Softcat from £18.27 to £17.43, citing slightly higher discount rate assumptions, marginally adjusted profit margin expectations, and a modestly different future P/E outlook. What's in the News Softcat plc began a share repurchase program on January 8, 2026, following approval at the December 15, 2025 AGM, with authority to buy back up to 19,994,626 shares, to be either cancelled or held as treasury shares (Key Developments).
NCC
UK£1.27
NCC Group
7D
-4.2%
1Y
-3.5%
TPX
UK£0.34
TPXimpact Holdings
7D
-9.5%
1Y
48.9%
SWC
UK£0.31
Smarter Web
7D
2.1%
1Y
n/a
BKS
UK£1.90
Beeks Financial Cloud Group
7D
-6.9%
1Y
-25.2%
TIA
UK£0.46
Tialis Essential IT
7D
-23.3%
1Y
22.7%
FDM
UK£1.29
FDM Group (Holdings)
7D
-5.1%
1Y
-40.8%
GST
UK£0.0037
GSTechnologies
7D
10.3%
1Y
-75.4%

Here's Why We're A Bit Worried About GSTechnologies' (LON:GST) Cash Burn Situation

Jan 14
Here's Why We're A Bit Worried About GSTechnologies' (LON:GST) Cash Burn Situation
SPA
UK£0.72
1Spatial
7D
0.7%
1Y
11.6%

SPA: Upcoming Acquisition Deal Will Likely Unlock Stronger Margin Expansion Potential

Analysts have raised their price target on 1Spatial from £0.75 to £0.95, citing expectations of stronger profit margins and a more attractive future earnings multiple, despite slightly slower projected revenue growth. What's in the News VertiGIS Ltd.