Pakistani (KSE) Tech Sector Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies8
- 7D-1.0%
- 3M3.0%
- 1Y2.6%
- YTD-7.0%
The Tech is pretty flat in the last 7 days, but Air Link Communication has stood out, gaining 8.8%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 30% annually.
Sector Valuation and Performance
Has the Pakistani Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | PK₨183.6b | PK₨151.1b | PK₨15.7b | 12.5x | 11.7x | 1.2x |
| Thu, 21 Mar 2024 | PK₨180.7b | PK₨146.6b | PK₨15.7b | 11.2x | 11.5x | 1.2x |
| Sat, 17 Feb 2024 | PK₨164.3b | PK₨127.1b | PK₨14.1b | 10x | 11.6x | 1.3x |
| Mon, 15 Jan 2024 | PK₨185.3b | PK₨127.1b | PK₨14.1b | 11.1x | 13.1x | 1.5x |
| Wed, 13 Dec 2023 | PK₨208.1b | PK₨127.1b | PK₨13.7b | 13.3x | 15.2x | 1.6x |
| Fri, 10 Nov 2023 | PK₨176.0b | PK₨111.5b | PK₨13.4b | 11.6x | 13.1x | 1.6x |
| Sun, 08 Oct 2023 | PK₨163.4b | PK₨113.6b | PK₨13.7b | 9.1x | 11.9x | 1.4x |
| Tue, 05 Sep 2023 | PK₨167.3b | PK₨112.9b | PK₨14.3b | 10.8x | 11.7x | 1.5x |
| Thu, 03 Aug 2023 | PK₨179.1b | PK₨102.4b | PK₨14.5b | 14.1x | 12.3x | 1.7x |
| Sat, 01 Jul 2023 | PK₨155.6b | PK₨102.4b | PK₨14.5b | 12.6x | 10.7x | 1.5x |
| Mon, 29 May 2023 | PK₨153.9b | PK₨105.5b | PK₨14.4b | 12.3x | 10.7x | 1.5x |
| Wed, 26 Apr 2023 | PK₨173.2b | PK₨98.2b | PK₨11.4b | 14.6x | 15.1x | 1.8x |
| Fri, 24 Mar 2023 | PK₨174.5b | PK₨90.1b | PK₨10.7b | 15x | 16.4x | 1.9x |
| Sun, 19 Feb 2023 | PK₨179.9b | PK₨90.4b | PK₨11.6b | 14.7x | 15.6x | 2x |
| Tue, 17 Jan 2023 | PK₨183.2b | PK₨90.4b | PK₨11.6b | 15.7x | 15.9x | 2x |
| Thu, 15 Dec 2022 | PK₨196.7b | PK₨90.4b | PK₨11.5b | 15.4x | 17x | 2.2x |
| Sat, 12 Nov 2022 | PK₨187.3b | PK₨90.6b | PK₨11.7b | 14.8x | 16x | 2.1x |
| Mon, 10 Oct 2022 | PK₨175.9b | PK₨85.6b | PK₨10.6b | 16.5x | 16.6x | 2.1x |
| Wed, 07 Sep 2022 | PK₨169.7b | PK₨79.7b | PK₨10.3b | 16x | 16.5x | 2.1x |
| Fri, 05 Aug 2022 | PK₨160.4b | PK₨77.1b | PK₨9.5b | 16.4x | 16.9x | 2.1x |
| Sun, 03 Jul 2022 | PK₨152.6b | PK₨77.1b | PK₨9.5b | 16.3x | 16.1x | 2x |
| Tue, 31 May 2022 | PK₨155.3b | PK₨76.7b | PK₨9.5b | 16.5x | 16.3x | 2x |
| Thu, 28 Apr 2022 | PK₨174.6b | PK₨73.6b | PK₨8.2b | 21.2x | 21.3x | 2.4x |
| Sat, 26 Mar 2022 | PK₨162.5b | PK₨73.6b | PK₨8.2b | 20.7x | 19.8x | 2.2x |
| Mon, 21 Feb 2022 | PK₨170.8b | PK₨69.5b | PK₨6.6b | 29.2x | 25.9x | 2.5x |
| Wed, 19 Jan 2022 | PK₨181.5b | PK₨69.5b | PK₨6.6b | 30.3x | 27.5x | 2.6x |
| Fri, 17 Dec 2021 | PK₨169.9b | PK₨69.5b | PK₨6.6b | 28.8x | 25.8x | 2.4x |
| Sun, 14 Nov 2021 | PK₨182.2b | PK₨69.5b | PK₨6.6b | 30.9x | 27.7x | 2.6x |
| Tue, 12 Oct 2021 | PK₨171.8b | PK₨69.2b | PK₨5.7b | 31.4x | 30x | 2.5x |
| Thu, 09 Sep 2021 | PK₨162.5b | PK₨25.1b | PK₨3.6b | 60.6x | 44.7x | 6.5x |
| Sat, 07 Aug 2021 | PK₨137.2b | PK₨25.1b | PK₨3.6b | 57.3x | 37.8x | 5.5x |
| Fri, 30 Apr 2021 | PK₨92.0b | PK₨23.9b | PK₨3.0b | 53.8x | 30.2x | 3.9x |
Price to Earnings Ratio
30.2x
Current Industry PE
- Investors are pessimistic on the Pakistani 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 11.7x which is lower than its 3-year average PE of 19.6x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 73% per year over the last three years.
- Revenues for these companies have grown 85% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Pakistani Tech sector?
| PK Market | 0.85% | |
| Tech | -0.97% | |
| Electronic Equipment and Components | 9.74% | |
| Software | 0.065% | |
| Communications | 0% | |
| Tech Hardware | 0% | |
| Semiconductors | 0% | |
| IT | -2.86% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Components industry even though it's trading below its 3-year average PE ratio of 37.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Software industry, which is trading below its 3-year average of 15.6x.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 30% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the IT industry is expected to see its earnings grow by 30% 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 | |
|---|---|---|---|---|---|
| AIRLINK Air Link Communication | PK₨72.92 | 8.8% +PK₨2.3b | 302.2% | PE13x | |
| OCTOPUS Octopus Digital | PK₨53.19 | 17.8% +PK₨1.3b | 15.4% | PE34x | |
| NETSOL Netsol Technologies | PK₨128.13 | 4.8% +PK₨517.4m | 71.0% | PE6.2x | |
| AVN Avanceon | PK₨54.16 | 0.9% +PK₨205.5m | 3.3% | PE8.6x | |
| HCL Hallmark | PK₨928.57 | 33.4% +PK₨116.3m | n/a | PE267.5x |