Header cover image

U.K. (FTSE) Tech Sector Analysis

UpdatedJan 04, 2025
DataAggregated Company Financials
Companies127
  • 7D-0.4%
  • 3M5.8%
  • 1Y3.0%
  • YTD-0.2%

The Tech is pretty flat in the last 7 days, but Alphawave IP Group has stood out, gaining 17%. As for the the longer term, the industry is up 3.0% over the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Sector Valuation and Performance

Has the U.K. Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Jan 2025UK£50.4bUK£22.6bUK£1.2b28.6x40.7x2.2x
Tue, 03 Dec 2024UK£50.9bUK£22.6bUK£1.3b29.6x40.3x2.3x
Thu, 31 Oct 2024UK£47.5bUK£22.3bUK£1.1b27.3x41.6x2.1x
Sat, 28 Sep 2024UK£54.5bUK£23.4bUK£1.2b27.5x45.7x2.3x
Mon, 26 Aug 2024UK£55.6bUK£23.9bUK£1.3b28x44.4x2.3x
Wed, 24 Jul 2024UK£57.1bUK£24.2bUK£1.2b27.7x48.7x2.4x
Fri, 21 Jun 2024UK£58.2bUK£24.3bUK£1.2b28.8x49.5x2.4x
Sun, 19 May 2024UK£54.3bUK£24.0bUK£1.1b29x51.4x2.3x
Tue, 16 Apr 2024UK£52.3bUK£24.1bUK£956.8m28.1x54.6x2.2x
Thu, 14 Mar 2024UK£53.8bUK£24.3bUK£905.6m30.3x59.4x2.2x
Sat, 10 Feb 2024UK£52.9bUK£24.4bUK£908.2m28.8x58.2x2.2x
Mon, 08 Jan 2024UK£71.9bUK£31.4bUK£948.2m26.1x75.8x2.3x
Wed, 06 Dec 2023UK£70.8bUK£31.4bUK£954.4m26.7x74.2x2.3x
Fri, 03 Nov 2023UK£67.7bUK£31.9bUK£1.0b27.4x67.4x2.1x
Sun, 01 Oct 2023UK£70.4bUK£31.9bUK£992.0m26.8x71x2.2x
Tue, 29 Aug 2023UK£70.0bUK£30.8bUK£1.0b28.5x68.7x2.3x
Thu, 27 Jul 2023UK£73.3bUK£31.1bUK£1.0b29.9x70x2.4x
Sat, 24 Jun 2023UK£73.5bUK£31.1bUK£1.1b30.1x68.7x2.4x
Mon, 22 May 2023UK£74.7bUK£31.2bUK£976.0m30.9x76.5x2.4x
Wed, 19 Apr 2023UK£73.2bUK£30.8bUK£1.3b31.1x57.2x2.4x
Fri, 17 Mar 2023UK£94.9bUK£40.5bUK£2.9b28.9x33.1x2.3x
Sun, 12 Feb 2023UK£98.7bUK£39.8bUK£2.8b29.8x35.2x2.5x
Tue, 10 Jan 2023UK£97.6bUK£39.8bUK£2.8b30.1x35.1x2.5x
Thu, 08 Dec 2022UK£98.2bUK£39.5bUK£2.7b28.6x35.8x2.5x
Sat, 05 Nov 2022UK£94.4bUK£39.3bUK£2.8b28.3x33.4x2.4x
Mon, 03 Oct 2022UK£92.2bUK£39.4bUK£2.7b29.6x33.9x2.3x
Wed, 31 Aug 2022UK£92.3bUK£37.4bUK£2.6b31.7x36.1x2.5x
Fri, 29 Jul 2022UK£85.6bUK£37.1bUK£3.0b33.4x28.4x2.3x
Sun, 26 Jun 2022UK£74.2bUK£34.5bUK£2.0b30.3x37.6x2.2x
Tue, 24 May 2022UK£75.5bUK£34.0bUK£1.9b29.2x40.6x2.2x
Thu, 21 Apr 2022UK£84.7bUK£33.5bUK£1.9b31.2x45.6x2.5x
Sat, 19 Mar 2022UK£88.2bUK£33.6bUK£1.8b30.9x49.7x2.6x
Mon, 14 Feb 2022UK£91.0bUK£32.7bUK£1.6b35.6x57.8x2.8x
Wed, 12 Jan 2022UK£98.3bUK£30.9bUK£284.5m40.1x345.7x3.2x
Price to Earnings Ratio

345.7x


Total Market Cap: UK£98.3bTotal Earnings: UK£284.5mTotal Revenue: UK£30.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Tech Sector Price to Earnings3Y Average 65x202320242025
Current Industry PE
  • Investors are pessimistic on the British Information Technology 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 40.7x which is lower than its 3-year average PE of 65.3x.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 64% per year over the last three years.
  • Meanwhile revenues for these companies have declined 9.9% 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 sector?

GB Market0.85%
Tech-0.40%
Semiconductors12.05%
Tech Hardware2.67%
IT-0.091%
Software-0.45%
Communications-0.88%
Electronic Equipment and Components-1.33%
Industry PE
  • Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 34.6x.
    • Analysts are expecting annual earnings growth of 12.1%, which is lower than the prior year's growth of 124.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 103% over the next 5 years.
  • This is better than its past earnings decline of 71% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 7.4% 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
AWE Alphawave IP GroupUK£1.0116.8%
+UK£111.3m
-14.8%PS4.3x
RPI Raspberry Pi HoldingsUK£6.542.1%
+UK£26.1m
n/aPE51.2x
GST GSTechnologiesUK£0.03350.0%
+UK£22.4m
149.1%PS23.6x
GBG GB GroupUK£3.512.1%
+UK£18.2m
31.2%PE108.5x
BIG Big TechnologiesUK£1.363.8%
+UK£14.6m
-22.5%PE31.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

SGE

UK£12.79

Sage Group

7D

-1.0%

1Y

12.3%

RPI

UK£6.54

Raspberry Pi Holdings

7D

2.1%

1Y

n/a

BKS

UK£2.92

Beeks Financial Cloud Group

7D

5.8%

1Y

186.3%

AWE

UK£1.01

Alphawave IP Group

7D

16.8%

1Y

-14.8%

FDP

UK£18.74

FD Technologies

7D

-1.6%

1Y

64.4%

GST

UK£0.033

GSTechnologies

7D

50.0%

1Y

149.1%

HLMA

UK£26.74

Halma

7D

-1.8%

1Y

26.1%

RSW

UK£32.80

Renishaw

7D

-2.2%

1Y

-3.5%

GBG

UK£3.51

GB Group

7D

2.1%

1Y

31.2%

ALFA

UK£2.18

Alfa Financial Software Holdings

7D

1.4%

1Y

47.8%

BIG

UK£1.36

Big Technologies

7D

3.8%

1Y

-22.5%

MIDW

UK£2.85

Midwich Group

7D

-3.7%

1Y

-29.5%

ADVT

UK£1.58

AdvancedAdvT

7D

5.0%

1Y

n/a