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U.K. (FTSE) Application Software Industry Analysis

UpdatedJan 13, 2026
DataAggregated Company Financials
Companies46
  • 7D3.3%
  • 3M-3.5%
  • 1Y-11.4%
  • YTDn/a

The Application Software industry is up 1.9% in the last week, with Sage Group up 1.8%. In contrast, the industry has lost 12% in the last 12 months. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 Jan 2026UK£15.9bUK£4.4bUK£454.1m33.2x34.9x3.6x
Thu, 11 Dec 2025UK£15.5bUK£4.4bUK£445.2m33.2x34.9x3.5x
Sat, 08 Nov 2025UK£15.9bUK£4.3bUK£447.8m35.2x35.5x3.7x
Mon, 06 Oct 2025UK£16.1bUK£4.3bUK£457.0m32x35.3x3.7x
Wed, 03 Sep 2025UK£15.8bUK£4.3bUK£448.6m33.8x35.2x3.7x
Fri, 01 Aug 2025UK£17.3bUK£4.3bUK£442.6m33.4x39x4x
Sun, 29 Jun 2025UK£18.5bUK£4.4bUK£406.2m34.5x45.6x4.2x
Tue, 27 May 2025UK£18.4bUK£4.5bUK£417.6m31x44x4.1x
Thu, 24 Apr 2025UK£17.4bUK£4.4bUK£388.8m29x44.7x3.9x
Sat, 22 Mar 2025UK£17.7bUK£4.5bUK£417.8m29x42.3x3.9x
Mon, 17 Feb 2025UK£19.5bUK£4.5bUK£332.4m32x58.8x4.4x
Wed, 15 Jan 2025UK£19.0bUK£4.4bUK£327.6m30.6x58x4.3x
Fri, 13 Dec 2024UK£19.7bUK£4.4bUK£346.1m35.4x56.9x4.4x
Sun, 10 Nov 2024UK£17.0bUK£4.3bUK£234.8m35.9x72.6x3.9x
Tue, 08 Oct 2024UK£16.3bUK£4.3bUK£227.3m31.1x71.7x3.8x
Thu, 05 Sep 2024UK£16.6bUK£4.4bUK£220.9m37.3x75.3x3.8x
Sat, 03 Aug 2024UK£17.4bUK£4.4bUK£207.4m39.1x83.7x3.9x
Mon, 01 Jul 2024UK£18.0bUK£4.5bUK£216.9m38.9x83x4x
Wed, 29 May 2024UK£17.8bUK£4.4bUK£119.8m38.6x148.3x4x
Fri, 26 Apr 2024UK£17.9bUK£4.4bUK£45.1m37.1x396x4.1x
Sun, 24 Mar 2024UK£18.7bUK£4.4bUK£35.1m38.1x533.6x4.3x
Tue, 20 Feb 2024UK£18.5bUK£4.4bUK£72.2m35.9x256.8x4.2x
Thu, 18 Jan 2024UK£29.9bUK£7.9b-UK£224,816,954.0034.7x-132.8x3.8x
Sat, 16 Dec 2023UK£29.7bUK£7.9b-UK£223,769,977.0034.2x-132.9x3.8x
Mon, 13 Nov 2023UK£27.5bUK£7.9b-UK£169,012,095.0031.3x-162.5x3.5x
Wed, 11 Oct 2023UK£27.4bUK£7.8b-UK£167,167,691.0032x-164x3.5x
Fri, 08 Sep 2023UK£27.9bUK£7.8b-UK£165,928,887.0028.3x-168.2x3.6x
Sun, 06 Aug 2023UK£27.2bUK£7.8b-UK£174,038,835.0030x-156.5x3.5x
Tue, 04 Jul 2023UK£28.1bUK£8.4b-UK£148,624,403.0030.7x-189x3.4x
Thu, 01 Jun 2023UK£27.8bUK£8.4b-UK£235,212,860.0034.4x-118.4x3.3x
Sat, 29 Apr 2023UK£27.2bUK£8.5bUK£23.1m34.7x1179.6x3.2x
Mon, 27 Mar 2023UK£26.4bUK£8.4bUK£36.2m32.5x730.7x3.2x
Wed, 22 Feb 2023UK£26.8bUK£8.3bUK£32.4m34.4x829x3.2x
Fri, 20 Jan 2023UK£26.5bUK£8.3bUK£38.0m34.1x697.3x3.2x
Price to Earnings Ratio

697.3x


Total Market Cap: UK£26.5bTotal Earnings: UK£38.0mTotal Revenue: UK£8.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Application Software Industry Price to Earnings3Y Average 115.2x202420252026
Current Industry PE
  • Investors are pessimistic on the British Application Software 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 34.4x which is lower than its 3-year average PE of 116x.
  • The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 129% per year over the last three years.
  • Meanwhile revenues for these companies have declined 19% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does U.K. Application Software compare with similar industries?

GB Market1.48%
Tech3.30%
Software3.35%
Application Software3.29%
Systems Software12.71%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SGE Sage GroupUK£11.053.9%
+UK£377.4m		-13.2%PE28.3x
CER CerillionUK£14.6020.7%
+UK£73.8m		-8.8%PE25.9x
QTX Quartix TechnologiesUK£3.1510.5%
+UK£14.5m		88.1%PE29x
NET NetcallUK£1.186.8%
+UK£12.8m		9.3%PE49.7x
ALFA Alfa Financial Software HoldingsUK£2.151.7%
+UK£10.4m		5.9%PE21.5x

Latest News

AOM
UK£2.44
ActiveOps
7D
4.7%
1Y
130.2%

AOM: Scalable Model Will Support £100 Million ARR And Higher Margins

Analysts have maintained their fair value estimate for ActiveOps at £3.17 per share, making only small adjustments to inputs such as the discount rate and future P/E, which they describe as refinements rather than a change in view. What's in the News ActiveOps is holding an analyst and investor day focused on how its Decision Intelligence products are used to manage service operations, with management outlining plans to deepen relationships with enterprise customers across key verticals and expand market presence through partners (Key Developments).
QTX
UK£3.15
Quartix Technologies
7D
10.5%
1Y
88.1%

The Price Is Right For Quartix Technologies plc (LON:QTX)

Jan 10
The Price Is Right For Quartix Technologies plc (LON:QTX)
CER
UK£14.60
Cerillion
7D
20.7%
1Y
-8.8%
KRM
UK£0.37
KRM22
7D
-6.3%
1Y
34.5%
SGE
UK£11.05
Sage Group
7D
3.9%
1Y
-13.2%

Sage Group's (LON:SGE) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 07
Sage Group's (LON:SGE) Shareholders Will Receive A Bigger Dividend Than Last Year
ADVT
UK£1.69
AdvancedAdvT
7D
-2.0%
1Y
11.6%
TAP
UK£0.016
Tap Global Group
7D
-13.5%
1Y
-38.5%
IGP
UK£1.26
Intercede Group
7D
-4.2%
1Y
-35.1%
DOTD
UK£0.64
dotdigital Group
7D
-4.5%
1Y
-19.2%
PINE
UK£3.48
Pinewood Technologies Group
7D
-2.7%
1Y
1.2%
BIRD
UK£0.021
Blackbird
7D
-8.7%
1Y
-55.8%
ALFA
UK£2.15
Alfa Financial Software Holdings
7D
1.7%
1Y
5.9%
NET
UK£1.18
Netcall
7D
6.8%
1Y
9.3%
GBG
UK£2.46
GB Group
7D
1.4%
1Y
-25.0%
RM.
UK£1.12
RM
7D
-1.8%
1Y
0.4%
SKL
UK£0.74
Skillcast Group
7D
8.0%
1Y
89.7%