Sage Group (LON:SGE) Is Due To Pay A Dividend Of UK£0.12
The board of The Sage Group plc ( LON:SGE ) has announced that it will pay a dividend of UK£0.12 per share on the 10th...
Has the U.K. Software Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||UK£42.6b||UK£8.9b||-UK£1,269,440,265.00||49.9x|
|Tue, 26 Oct 2021||UK£45.4b||UK£8.7b||-UK£1,216,486,334.00||59.1x|
|Thu, 23 Sep 2021||UK£49.0b||UK£8.7b||-UK£1,203,297,992.00||56.6x|
|Sat, 21 Aug 2021||UK£42.2b||UK£8.3b||-UK£1,095,385,509.28||58.2x|
|Sat, 05 Jun 2021||UK£37.7b||UK£8.2b||-UK£1,143,199,516.81||51.5x|
|Tue, 09 Mar 2021||UK£35.2b||UK£8.2b||-UK£1,471,502,433.51||47.7x|
|Mon, 30 Nov 2020||UK£32.5b||UK£7.9b||-UK£1,906,649,267.53||52.8x|
|Thu, 03 Sep 2020||UK£32.6b||UK£8.0b||-UK£1,074,006,765.66||38.1x|
|Sun, 07 Jun 2020||UK£29.1b||UK£8.2b||-UK£530,347,895.18||32.3x|
|Sat, 29 Feb 2020||UK£29.2b||UK£8.0b||UK£64.3m||35.7x|
|Tue, 03 Dec 2019||UK£31.6b||UK£8.0b||UK£396.7m||30.9x|
|Fri, 06 Sep 2019||UK£28.5b||UK£7.6b||UK£281.5m||34.8x|
|Mon, 10 Jun 2019||UK£32.0b||UK£7.4b||UK£318.9m||39.6x|
|Sun, 03 Mar 2019||UK£30.0b||UK£7.3b||UK£598.5m||34.8x|
|Wed, 05 Dec 2018||UK£26.7b||UK£7.2b||UK£856.2m||27.2x|
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 49.9x which is higher than its 3-year average PE of 40.1x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: Total earnings for the Software industry have declined over the last three years, with the industry now making a loss overall. But revenues have grown 7.4% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the U.K. Software industry?
Industry PE: Investors are most optimistic about the Systems Software industry even though it's trading below its 3-year average PE ratio of 158x. However analysts are expecting annual earnings growth of 25%, which is lower than the prior year's growth of 1,017% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Application Software industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 38.5x.
Forecasted Growth: Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 54% over the next 5 years. This is better than it's past earnings growth rate of 8.5% per year. Meanwhile, the Systems Software industry is expected to see its earnings grow by 25% per year over the next few years.
Which companies have driven the market over the last 7 days?
Learning Technologies Group
Micro Focus International
Bytes Technology Group
Blue Prism Group
Dev Clever Holdings