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U.K. (FTSE) IT Industry Analysis

UpdatedJun 21, 2025
DataAggregated Company Financials
Companies19
  • 7D-0.2%
  • 3M4.5%
  • 1Y-11.7%
  • YTD9.2%

The IT is pretty flat in the last 7 days, but Smarter Web has stood out, gaining 174%. As for the longer term, the industry has declined 12% in the last year. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Jun 2025UK£8.7bUK£9.5bUK£321.8m25.5x27x0.9x
Tue, 20 May 2025UK£8.7bUK£9.5bUK£319.3m21.1x27.2x0.9x
Thu, 17 Apr 2025UK£7.8bUK£9.6bUK£330.6m20.4x23.7x0.8x
Sat, 15 Mar 2025UK£7.7bUK£9.0bUK£333.4m20.7x23.1x0.9x
Mon, 10 Feb 2025UK£8.0bUK£9.0bUK£333.2m21.3x24x0.9x
Wed, 08 Jan 2025UK£8.2bUK£9.0bUK£335.6m25.9x24.3x0.9x
Fri, 06 Dec 2024UK£8.4bUK£9.0bUK£337.2m28.5x25x0.9x
Sun, 03 Nov 2024UK£8.5bUK£9.0bUK£322.5m23.1x26.4x0.9x
Tue, 01 Oct 2024UK£10.8bUK£9.7bUK£293.7m25.1x36.8x1.1x
Thu, 29 Aug 2024UK£11.4bUK£10.1bUK£360.9m28.1x31.6x1.1x
Sat, 27 Jul 2024UK£11.5bUK£10.2bUK£384.6m27.3x29.8x1.1x
Mon, 24 Jun 2024UK£12.0bUK£10.2bUK£381.2m28.4x31.5x1.2x
Wed, 22 May 2024UK£11.8bUK£10.2bUK£380.8m29.9x30.9x1.2x
Fri, 19 Apr 2024UK£9.9bUK£10.4bUK£355.1m27.4x28x1x
Sun, 17 Mar 2024UK£10.8bUK£10.8bUK£348.4m28x31x1x
Tue, 13 Feb 2024UK£11.0bUK£10.8bUK£359.3m25.6x30.6x1x
Thu, 11 Jan 2024UK£10.5bUK£12.8bUK£376.4m25x27.9x0.8x
Sat, 09 Dec 2023UK£10.1bUK£12.8bUK£379.4m22.9x26.6x0.8x
Mon, 06 Nov 2023UK£10.7bUK£13.4bUK£379.8m25x28.2x0.8x
Wed, 04 Oct 2023UK£10.9bUK£13.4bUK£372.3m25.7x29.3x0.8x
Fri, 01 Sep 2023UK£10.9bUK£12.6bUK£389.8m28x28.1x0.9x
Sun, 30 Jul 2023UK£11.2bUK£12.5bUK£404.5m27x27.8x0.9x
Tue, 27 Jun 2023UK£10.9bUK£12.5bUK£425.3m25.3x25.7x0.9x
Thu, 25 May 2023UK£11.2bUK£12.5bUK£424.5m26.6x26.4x0.9x
Sat, 22 Apr 2023UK£11.6bUK£12.4bUK£422.7m25x27.5x0.9x
Mon, 20 Mar 2023UK£11.3bUK£13.2bUK£422.2m28.2x26.7x0.9x
Wed, 15 Feb 2023UK£37.8bUK£21.9bUK£1.8b27.5x20.6x1.7x
Fri, 13 Jan 2023UK£37.8bUK£21.9bUK£1.8b28.6x21x1.7x
Sun, 11 Dec 2022UK£37.5bUK£21.7bUK£1.8b28.4x21.4x1.7x
Tue, 08 Nov 2022UK£36.0bUK£21.6bUK£1.8b28.2x20.3x1.7x
Thu, 06 Oct 2022UK£34.2bUK£21.7bUK£1.7b25.7x20.4x1.6x
Sat, 03 Sep 2022UK£32.1bUK£20.8bUK£1.7b28.7x19.4x1.5x
Mon, 01 Aug 2022UK£32.4bUK£20.5bUK£1.8b29.6x17.5x1.6x
Wed, 29 Jun 2022UK£19.6bUK£18.1bUK£820.1m28.7x23.9x1.1x
Price to Earnings Ratio

23.9x


Total Market Cap: UK£19.6bTotal Earnings: UK£820.1mTotal Revenue: UK£18.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. IT Industry Price to Earnings3Y Average 34.1x202320242025
Current Industry PE
  • Investors are pessimistic on the British IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 27.0x which is lower than its 3-year average PE of 34.1x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 0.91x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 27% per year over the last three years,
  • Revenues have also declined 19% 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-0.86%
Tech0.16%
IT-0.16%
Data Processing Services12.02%
Internet Services and Infrastructure1.88%
IT Consulting-0.27%
Industry PE
  • Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 27.9x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings decline of 27.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 24% over the next 5 years.
  • However this is lower than its past earnings growth rate of 122% per year.
  • In contrast, the Data Processing Services industry is expected to see its earnings grow by 8.0% 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£5.00174.0%
+UK£729.8m		n/aPE-2184.3x
SCT SoftcatUK£18.883.1%
+UK£111.7m		3.9%PE30x
BKS Beeks Financial Cloud GroupUK£2.4010.3%
+UK£15.1m		42.4%PE69.6x
IOM iomart GroupUK£0.303.4%
+UK£1.1m		-77.8%PE10x
NARF Narf IndustriesUK£0.005310.5%
+UK£848.7k		-54.3%PS2.9x

Latest News

CLBS
UK£1.49
Celebrus Technologies
7D
-2.6%
1Y
-33.8%
NCC
UK£1.46
NCC Group
7D
-11.2%
1Y
-4.8%
ELEG
UK£0.0008
Electric Guitar
7D
-13.0%
1Y
-92.0%
SWC
UK£5.00
Smarter Web
7D
174.0%
1Y
n/a
TRD
UK£3.00
Triad Group
7D
-6.3%
1Y
3.4%
RCGH
UK£0.01
RC365 Holding
7D
5.3%
1Y
-53.5%
RCN
UK£1.25
Redcentric
7D
-1.6%
1Y
-8.9%
SPA
UK£0.48
1Spatial
7D
1.0%
1Y
-29.7%
CCC
UK£25.06
Computacenter
7D
-2.0%
1Y
-15.0%

These 4 Measures Indicate That Computacenter (LON:CCC) Is Using Debt Reasonably Well

May 30
These 4 Measures Indicate That Computacenter (LON:CCC) Is Using Debt Reasonably Well
BKS
UK£2.40
Beeks Financial Cloud Group
7D
10.3%
1Y
42.4%
FDM
UK£2.11
FDM Group (Holdings)
7D
-1.9%
1Y
-47.9%
SCT
UK£18.88
Softcat
7D
3.1%
1Y
3.9%
KNOS
UK£7.46
Kainos Group
7D
-1.7%
1Y
-32.1%

We Think You Can Look Beyond Kainos Group's (LON:KNOS) Lackluster Earnings

May 26
We Think You Can Look Beyond Kainos Group's (LON:KNOS) Lackluster Earnings
IOM
UK£0.30
iomart Group
7D
3.4%
1Y
-77.8%

Investors Still Aren't Entirely Convinced By iomart Group plc's (LON:IOM) Earnings Despite 28% Price Jump

May 25
Investors Still Aren't Entirely Convinced By iomart Group plc's (LON:IOM) Earnings Despite 28% Price Jump
NARF
UK£0.0053
Narf Industries
7D
10.5%
1Y
-54.3%
GST
UK£0.011
GSTechnologies
7D
-11.5%
1Y
52.3%