Pakistani (KSE) Tech Sector Analysis

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
Sun, 04 Dec 2022	PK₨194.6b	PK₨90.6b	PK₨11.6b	15x	16.8x	2.1x
Tue, 01 Nov 2022	PK₨181.2b	PK₨90.6b	PK₨11.7b	13.9x	15.5x	2x
Thu, 29 Sep 2022	PK₨162.9b	PK₨80.2b	PK₨10.6b	15.9x	15.4x	2x
Sat, 27 Aug 2022	PK₨171.8b	PK₨77.1b	PK₨9.5b	16.8x	18.1x	2.2x
Mon, 25 Jul 2022	PK₨152.2b	PK₨77.1b	PK₨9.5b	15.4x	16.1x	2x
Wed, 22 Jun 2022	PK₨154.8b	PK₨77.1b	PK₨9.5b	16x	16.3x	2x
Fri, 20 May 2022	PK₨150.0b	PK₨75.9b	PK₨8.8b	16.8x	17.1x	2x
Sun, 17 Apr 2022	PK₨183.6b	PK₨73.6b	PK₨8.2b	22.5x	22.4x	2.5x
Tue, 15 Mar 2022	PK₨163.1b	PK₨71.2b	PK₨6.5b	26.5x	25x	2.3x
Thu, 10 Feb 2022	PK₨176.5b	PK₨69.5b	PK₨6.6b	30.4x	26.8x	2.5x
Sat, 08 Jan 2022	PK₨187.5b	PK₨69.5b	PK₨6.6b	30.9x	28.5x	2.7x
Mon, 06 Dec 2021	PK₨163.3b	PK₨69.5b	PK₨6.6b	27.1x	24.8x	2.4x
Wed, 03 Nov 2021	PK₨173.0b	PK₨69.1b	PK₨6.4b	n/a	27.1x	2.5x
Fri, 01 Oct 2021	PK₨173.3b	PK₨68.8b	PK₨5.4b	37.4x	32.2x	2.5x
Sun, 29 Aug 2021	PK₨144.4b	PK₨25.1b	PK₨3.6b	56.8x	39.7x	5.8x
Mon, 05 Jul 2021	PK₨118.9b	PK₨25.1b	PK₨3.6b	58.7x	32.7x	4.7x
Thu, 08 Apr 2021	PK₨103.5b	PK₨23.9b	PK₨3.0b	66.2x	34x	4.3x
Sun, 10 Jan 2021	PK₨91.7b	PK₨22.5b	PK₨3.3b	23.6x	27.4x	4.1x
Sat, 03 Oct 2020	PK₨55.5b	PK₨20.8b	PK₨3.1b	15.9x	17.8x	2.7x
Tue, 07 Jul 2020	PK₨34.7b	PK₨18.4b	PK₨2.6b	43.2x	13.1x	1.9x
Fri, 10 Apr 2020	PK₨20.8b	PK₨18.4b	PK₨3.3b	7.6x	6.3x	1.1x
Thu, 02 Jan 2020	PK₨28.5b	PK₨17.8b	PK₨2.8b	13.7x	10.1x	1.6x

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 16.8x which is lower than its 3-year average PE of 21.9x.

The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.1x.

Past Earnings Growth

The earnings for companies in the Information Technology industry have grown 60% per year over the last three years.
Revenues for these companies have grown 72% 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	-1.96%
Tech	-0.97%
Communications	1.00%
Software	0%
Tech Hardware	0%
Semiconductors	0%
IT	-0.44%
Electronic Equipment and Components	-9.30%

Industry PE

Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 21.5x.

Analysts are expecting annual earnings growth of 22.3%, which is lower than the prior year's growth of 102.4% per year.

Investors are most pessimistic about the Electronic Equipment and Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.0x.

Forecasted Growth

Analysts are most optimistic on the IT industry, expecting annual earnings growth of 22% over the next 5 years.
However this is lower than its past earnings growth rate of 102% per year.

In contrast, the IT industry is expected to see its earnings grow by 22% per year over the next few years.

	Company	Last Price	7D	1Y	Valuation
	SYS Systems	PK₨497.33	1.1% +PK₨1.5b	36.3%	PE19.8x
	TPLT TPL Trakker	PK₨9.09	1.0% +PK₨16.9m	-31.3%	PE15x

Company

Last Price

Valuation

SYS Systems

PK₨497.33

1.1%
+PK₨1.5b

36.3%

PE19.8x

TPLT TPL Trakker

PK₨9.09

1.0%
+PK₨16.9m

-31.3%

PE15x

Oct 30

Sector Valuation and Performance