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Pakistani (KSE) Tech Sector Analysis

UpdatedNov 29, 2023
DataAggregated Company Financials
Companies8
  • 7D5.4%
  • 3M20.7%
  • 1Y-2.1%
  • YTD4.8%

Over the last 7 days, the Tech industry has risen 5.4%, driven by gains from Systems of 3.9%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 27% annually.

Sector Valuation and Performance

Has the Pakistani Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Nov 2023PK₨200.7bPK₨127.2bPK₨13.9b13.1x14.4x1.6x
Sat, 28 Oct 2023PK₨177.4bPK₨105.2bPK₨13.6b11x13.1x1.7x
Mon, 25 Sep 2023PK₨166.9bPK₨112.9bPK₨14.3b10.8x11.7x1.5x
Wed, 23 Aug 2023PK₨179.8bPK₨102.4bPK₨14.5b14.5x12.4x1.8x
Fri, 21 Jul 2023PK₨172.6bPK₨102.4bPK₨14.5b13.5x11.9x1.7x
Sun, 18 Jun 2023PK₨158.8bPK₨102.4bPK₨14.5b10.2x10.9x1.6x
Tue, 16 May 2023PK₨160.9bPK₨98.3bPK₨11.3b17.8x14.2x1.6x
Thu, 13 Apr 2023PK₨178.1bPK₨90.4bPK₨10.7b14.3x16.6x2x
Sat, 11 Mar 2023PK₨183.5bPK₨90.1bPK₨10.7b15.7x17.2x2x
Mon, 06 Feb 2023PK₨173.8bPK₨90.4bPK₨11.6b15.1x15x1.9x
Wed, 04 Jan 2023PK₨184.0bPK₨90.4bPK₨11.6b15.7x15.9x2x
Fri, 02 Dec 2022PK₨197.3bPK₨90.6bPK₨11.6b15.1x17.1x2.2x
Sun, 30 Oct 2022PK₨178.9bPK₨90.6bPK₨11.7b13.3x15.3x2x
Tue, 27 Sep 2022PK₨165.8bPK₨80.1bPK₨10.6b16x15.6x2.1x
Thu, 25 Aug 2022PK₨172.6bPK₨77.1bPK₨9.5b17.5x18.2x2.2x
Sat, 23 Jul 2022PK₨146.5bPK₨77.1bPK₨9.5b14.6x15.5x1.9x
Mon, 20 Jun 2022PK₨149.7bPK₨77.1bPK₨9.5b15.2x15.8x1.9x
Wed, 18 May 2022PK₨145.9bPK₨75.9bPK₨8.8b16.4x16.6x1.9x
Fri, 15 Apr 2022PK₨185.2bPK₨73.6bPK₨8.2b22.8x22.6x2.5x
Sun, 13 Mar 2022PK₨164.8bPK₨71.2bPK₨6.5b27.7x25.3x2.3x
Tue, 08 Feb 2022PK₨177.8bPK₨69.5bPK₨6.6b30.6x27x2.6x
Thu, 06 Jan 2022PK₨185.4bPK₨69.5bPK₨6.6b31.1x28.1x2.7x
Sat, 04 Dec 2021PK₨163.3bPK₨69.5bPK₨6.6b27.1x24.8x2.4x
Mon, 01 Nov 2021PK₨168.8bPK₨74.8bPK₨6.2b28.6x27.4x2.3x
Wed, 29 Sep 2021PK₨177.7bPK₨68.8bPK₨5.4b38.9x33x2.6x
Fri, 27 Aug 2021PK₨144.4bPK₨25.1bPK₨3.6b56.8x39.7x5.8x
Sat, 03 Jul 2021PK₨118.9bPK₨25.1bPK₨3.6b58.7x32.7x4.7x
Tue, 06 Apr 2021PK₨103.5bPK₨23.9bPK₨3.0b66.2x34x4.3x
Fri, 08 Jan 2021PK₨91.7bPK₨22.5bPK₨3.3b23.6x27.4x4.1x
Price to Earnings Ratio

22.6x


Total Market Cap: PK₨70.3bTotal Earnings: PK₨3.1bTotal Revenue: PK₨20.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Pakistani Tech Sector Price to Earnings3Y Average 21.9x202120222023
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 14.4x which is lower than its 3-year average PE of 21.9x.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 65% per year over the last three years.
  • Revenues for these companies have grown 83% 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 Market4.87%
Tech5.40%
Software13.87%
Electronic Equipment and Components7.95%
IT4.65%
Tech Hardware0%
Semiconductors0%
Communications-3.95%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 18% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 27% 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
SYS SystemsPK₨457.293.9%
+PK₨4.9b
-8.6%PE15.4x
AVN AvanceonPK₨62.427.3%
+PK₨1.6b
-9.6%PE10.6x
NETSOL Netsol TechnologiesPK₨110.877.2%
+PK₨650.9m
2.6%PE8.8x
SYM Symmetry GroupPK₨3.882.4%
+PK₨25.7m
n/aPE7x
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AIRLINK

PK₨59.09

Air Link Communication

7D

-3.5%

1Y

104.0%

SYM

PK₨3.88

Symmetry Group

7D

2.4%

1Y

n/a

NETSOL

PK₨110.87

Netsol Technologies

7D

7.2%

1Y

2.6%

SYS

PK₨457.29

Systems

7D

3.9%

1Y

-8.6%

TPLT

PK₨7.20

TPL Trakker

7D

-4.0%

1Y

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AVN

PK₨62.42

Avanceon

7D

7.3%

1Y

-9.6%

OCTOPUS

PK₨45.07

Octopus Digital

7D

-0.9%

1Y

-24.9%