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U.K. (FTSE) Software Industry Analysis
UpdatedMay 11, 2025
DataAggregated Company Financials
Companies55
- 7D1.4%
- 3M-2.0%
- 1Y4.4%
- YTD0.6%
In the last week, the Software industry is up 1.4%, with FD Technologies up 28%. This takes the industry's 12 month performance to a gain of 4.4%. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the U.K. Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 11 May 2025 | UK£19.1b | UK£4.7b | UK£374.2m | 32.6x | 51x | 4x |
| Tue, 08 Apr 2025 | UK£16.3b | UK£4.8b | UK£372.9m | 26x | 43.7x | 3.4x |
| Thu, 06 Mar 2025 | UK£18.6b | UK£4.8b | UK£313.3m | 31.1x | 59.5x | 3.9x |
| Sat, 01 Feb 2025 | UK£20.0b | UK£4.8b | UK£306.4m | 30.9x | 65.3x | 4.2x |
| Mon, 30 Dec 2024 | UK£19.6b | UK£4.8b | UK£303.5m | 34.3x | 64.7x | 4.1x |
| Wed, 27 Nov 2024 | UK£20.0b | UK£4.8b | UK£324.1m | 35.4x | 61.7x | 4.2x |
| Fri, 25 Oct 2024 | UK£16.8b | UK£4.7b | UK£208.7m | 33.6x | 80.7x | 3.6x |
| Sun, 22 Sep 2024 | UK£20.9b | UK£5.2b | UK£277.7m | 37.3x | 75.3x | 4.1x |
| Tue, 20 Aug 2024 | UK£21.2b | UK£5.2b | UK£257.9m | 38.4x | 82.3x | 4x |
| Thu, 18 Jul 2024 | UK£21.4b | UK£5.3b | UK£254.0m | 38.2x | 84.1x | 4.1x |
| Sat, 15 Jun 2024 | UK£21.6b | UK£5.3b | UK£264.3m | 41.4x | 81.8x | 4.1x |
| Mon, 13 May 2024 | UK£22.8b | UK£5.2b | UK£107.4m | 38.2x | 212.8x | 4.4x |
| Wed, 10 Apr 2024 | UK£21.2b | UK£5.2b | UK£72.3m | 38.8x | 293.8x | 4.1x |
| Fri, 08 Mar 2024 | UK£21.5b | UK£5.2b | UK£102.1m | 34.9x | 210.4x | 4.1x |
| Sun, 04 Feb 2024 | UK£42.4b | UK£10.2b | UK£70.7m | 37.1x | 599.8x | 4.2x |
| Tue, 02 Jan 2024 | UK£42.5b | UK£10.1b | UK£71.1m | 36.6x | 597.7x | 4.2x |
| Thu, 30 Nov 2023 | UK£41.5b | UK£10.2b | UK£82.9m | 32x | 500.2x | 4.1x |
| Sat, 28 Oct 2023 | UK£39.2b | UK£10.1b | UK£126.6m | 32.6x | 309.8x | 3.9x |
| Mon, 25 Sep 2023 | UK£41.0b | UK£10.1b | UK£131.8m | 33x | 310.8x | 4.1x |
| Wed, 23 Aug 2023 | UK£39.5b | UK£10.0b | UK£100.9m | 33.5x | 391.7x | 4x |
| Fri, 21 Jul 2023 | UK£41.7b | UK£10.6b | UK£128.3m | 35.2x | 325.3x | 4x |
| Sun, 18 Jun 2023 | UK£41.3b | UK£10.5b | UK£129.5m | 37.5x | 319x | 3.9x |
| Tue, 16 May 2023 | UK£39.8b | UK£10.7b | UK£109.8m | 36.2x | 362.6x | 3.7x |
| Thu, 13 Apr 2023 | UK£39.3b | UK£10.6b | UK£289.4m | 37.6x | 136x | 3.7x |
| Sat, 11 Mar 2023 | UK£39.6b | UK£10.4b | UK£298.6m | 33.5x | 132.8x | 3.8x |
| Mon, 06 Feb 2023 | UK£40.1b | UK£10.3b | UK£296.6m | 34x | 135.1x | 3.9x |
| Wed, 04 Jan 2023 | UK£39.0b | UK£10.4b | UK£296.0m | 33.5x | 131.7x | 3.8x |
| Fri, 02 Dec 2022 | UK£40.2b | UK£10.3b | UK£315.6m | 33.9x | 127.4x | 3.9x |
| Sun, 30 Oct 2022 | UK£38.3b | UK£10.2b | UK£346.0m | 39.9x | 110.6x | 3.7x |
| Tue, 27 Sep 2022 | UK£39.0b | UK£10.5b | UK£341.6m | 35.9x | 114.2x | 3.7x |
| Thu, 25 Aug 2022 | UK£37.8b | UK£9.7b | UK£236.6m | 49.1x | 159.8x | 3.9x |
| Sat, 23 Jul 2022 | UK£33.6b | UK£9.6b | UK£295.8m | 43.2x | 113.6x | 3.5x |
| Mon, 20 Jun 2022 | UK£32.7b | UK£9.6b | UK£141.8m | 42.1x | 230.3x | 3.4x |
| Wed, 18 May 2022 | UK£33.4b | UK£9.3b | UK£212.8m | 42.3x | 156.8x | 3.6x |
Price to Earnings Ratio
156.8x
Current Industry PE
- Investors are pessimistic on the British 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 51.0x which is lower than its 3-year average PE of 208x.
- The industry is trading close to its 3-year average PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Software industry have grown 21% per year over the last three years.
- Meanwhile revenues for these companies have declined 20% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the U.K. Tech industry?
| GB Market | -0.29% | |
| Tech | 2.79% | |
| Software | 1.40% | |
| Systems Software | 4.22% | |
| Application Software | 1.37% | |
Industry PE
- Investors are most optimistic about the Application Software industry even though it's trading below its 3-year average PE ratio of 224x.
- Analysts are expecting annual earnings growth of 14.2%, which is lower than the prior year's growth of 18.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 14% over the next 5 years.
- However this is lower than its past earnings growth rate of 18% per year.
- In contrast, the Systems Software industry is expected to see its earnings grow by 5.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FDP FD Technologies | UK£25.00 | 28.2% +UK£121.6m | 86.8% | PS2.3x | |
| GBG GB Group | UK£2.79 | 9.6% +UK£60.7m | -12.7% | PE85.8x | |
| BYIT Bytes Technology Group | UK£5.50 | 4.7% +UK£59.1m | 8.3% | PE25.5x | |
| ALFA Alfa Financial Software Holdings | UK£2.43 | 4.7% +UK£32.5m | 40.8% | PE28x | |
| DOTD dotdigital Group | UK£0.85 | 10.1% +UK£23.9m | -12.0% | PE23.1x |
