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

U.K. (FTSE) Application Software Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies46
  • 7D-1.5%
  • 3M-7.1%
  • 1Y-15.3%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 1.5%, driven by a pullback from Sage Group of 2.6%. On the other hand Cerillion is actually up 22%. The industry has fallen 15% in the last year. 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
Thu, 15 Jan 2026UK£15.3bUK£4.4bUK£454.0m32.5x33.7x3.5x
Sat, 13 Dec 2025UK£15.5bUK£4.4bUK£445.5m33.2x34.8x3.5x
Mon, 10 Nov 2025UK£15.9bUK£4.3bUK£447.8m35.2x35.5x3.7x
Wed, 08 Oct 2025UK£16.2bUK£4.3bUK£455.5m31.1x35.5x3.7x
Fri, 05 Sep 2025UK£15.9bUK£4.3bUK£448.7m32.8x35.4x3.7x
Sun, 03 Aug 2025UK£17.0bUK£4.3bUK£442.7m33.1x38.5x4x
Tue, 01 Jul 2025UK£18.5bUK£4.4bUK£410.0m34.5x45.1x4.2x
Thu, 29 May 2025UK£18.4bUK£4.5bUK£417.6m31.3x44.1x4.1x
Sat, 26 Apr 2025UK£17.5bUK£4.4bUK£388.9m29.2x44.9x4x
Mon, 24 Mar 2025UK£17.7bUK£4.4bUK£392.2m29x45x4x
Wed, 19 Feb 2025UK£19.6bUK£4.5bUK£332.4m32.1x58.9x4.4x
Fri, 17 Jan 2025UK£19.4bUK£4.5bUK£330.7m28.9x58.7x4.4x
Sun, 15 Dec 2024UK£19.7bUK£4.4bUK£345.8m35.5x56.9x4.4x
Tue, 12 Nov 2024UK£17.5bUK£4.3bUK£234.7m35.9x74.4x4x
Thu, 10 Oct 2024UK£16.4bUK£4.3bUK£227.8m30.8x72.1x3.8x
Sat, 07 Sep 2024UK£16.6bUK£4.4bUK£219.5m36.4x75.6x3.8x
Mon, 05 Aug 2024UK£17.4bUK£4.4bUK£207.4m39.1x83.7x3.9x
Wed, 03 Jul 2024UK£17.8bUK£4.5bUK£217.1m37.4x82.2x4x
Fri, 31 May 2024UK£17.2bUK£4.4bUK£119.7m37.9x143.9x3.9x
Sun, 28 Apr 2024UK£18.0bUK£4.4bUK£45.1m37x400.1x4.1x
Tue, 26 Mar 2024UK£18.8bUK£4.4bUK£35.2m38x534.6x4.3x
Thu, 22 Feb 2024UK£18.1bUK£4.3bUK£72.3m35.9x250.5x4.2x
Sat, 20 Jan 2024UK£29.8bUK£7.9b-UK£224,791,849.0035.9x-132.4x3.8x
Mon, 18 Dec 2023UK£29.7bUK£7.9b-UK£223,769,977.0034.2x-132.9x3.8x
Wed, 15 Nov 2023UK£27.4bUK£7.8b-UK£168,834,967.0032.3x-162.4x3.5x
Fri, 13 Oct 2023UK£27.7bUK£7.8b-UK£166,355,507.0029.9x-166.3x3.5x
Sun, 10 Sep 2023UK£28.1bUK£7.8b-UK£165,970,165.0028.9x-169.3x3.6x
Tue, 08 Aug 2023UK£27.3bUK£7.8b-UK£173,991,946.0030.2x-157x3.5x
Thu, 06 Jul 2023UK£28.0bUK£8.4b-UK£146,391,855.0031x-191.5x3.3x
Sat, 03 Jun 2023UK£28.0bUK£8.4b-UK£235,112,811.0035.2x-119x3.3x
Mon, 01 May 2023UK£27.2bUK£8.5b-UK£164,185,720.0034.6x-165.9x3.2x
Wed, 29 Mar 2023UK£26.2bUK£8.4bUK£36.4m32.2x721.1x3.1x
Fri, 24 Feb 2023UK£26.7bUK£8.3bUK£32.4m34.4x825.1x3.2x
Sun, 22 Jan 2023UK£26.6bUK£8.3bUK£38.5m36.3x690.9x3.2x
Price to Earnings Ratio

690.9x


Total Market Cap: UK£26.6bTotal Earnings: UK£38.5mTotal Revenue: UK£8.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Application Software Industry Price to Earnings3Y Average 113.9x202420252026
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 33.7x which is lower than its 3-year average PE of 114x.
  • 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 128% 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 Market1.35%
Tech-0.46%
Software-1.37%
Application Software-1.52%
Systems Software25.20%
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
ZOYO ZoyoUK£0.4790.0%
+UK£33.4m		n/an/a
CER CerillionUK£14.956.8%
+UK£28.0m		-2.3%PE26.5x
SKL Skillcast GroupUK£0.7712.4%
+UK£7.6m		85.5%PE63.4x
QTX Quartix TechnologiesUK£3.104.0%
+UK£5.8m		77.1%PE28.5x
AOM ActiveOpsUK£2.502.5%
+UK£4.3m		145.1%PS4.8x

Latest News

CER
UK£14.95
Cerillion
7D
6.8%
1Y
-2.3%
ZOYO
UK£0.47
Zoyo
7D
90.0%
1Y
n/a
SKL
UK£0.77
Skillcast Group
7D
12.4%
1Y
85.5%

The Price Is Right For Skillcast Group plc (LON:SKL)

Jan 15
The Price Is Right For Skillcast Group plc (LON:SKL)
AOM
UK£2.50
ActiveOps
7D
2.5%
1Y
145.1%

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£3.10
Quartix Technologies
7D
4.0%
1Y
77.1%

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

Jan 10
The Price Is Right For Quartix Technologies plc (LON:QTX)
TRCS
UK£2.90
Tracsis
7D
-5.7%
1Y
-30.8%

TRCS: M&A Pipeline And Progressive Dividend Policy Will Support Future Upside

Analysts have kept their fair value estimate for Tracsis broadly unchanged, with only minor tweaks to inputs such as the discount rate and future P/E. As a result, the latest price target in £ terms is effectively stable compared with the prior figure.
ELCO
UK£1.29
Eleco
7D
-3.4%
1Y
-8.5%
SGE
UK£10.40
Sage Group
7D
-2.8%
1Y
-20.4%

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
IGP
UK£1.17
Intercede Group
7D
-7.9%
1Y
-39.6%
DOTD
UK£0.64
dotdigital Group
7D
-3.3%
1Y
-21.2%
PINE
UK£3.54
Pinewood Technologies Group
7D
1.0%
1Y
-0.1%
ALFA
UK£2.11
Alfa Financial Software Holdings
7D
-1.4%
1Y
4.5%
OMG
UK£0.54
Oxford Metrics
7D
4.7%
1Y
1.5%
NET
UK£1.18
Netcall
7D
1.3%
1Y
10.8%
GBG
UK£2.40
GB Group
7D
-4.0%
1Y
-29.6%
BYIT
UK£3.53
Bytes Technology Group
7D
-3.8%
1Y
-18.3%