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Pakistani (KSE) IT Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies5
- 7D-0.8%
- 3M11.0%
- 1Y9.6%
- YTD14.2%
Over the last 7 days, the IT industry has remained flat, although notably Avanceon declined by 4.9%. As for the the longer term, the industry is up 9.6% over the past 12 months. Looking forward, earnings are forecast to grow by 32% annually.
Industry Valuation and Performance
Has the Pakistani IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | PK₨185.9b | PK₨85.1b | PK₨9.1b | 19.6x | 20.4x | 2.2x |
| Tue, 22 Oct 2024 | PK₨159.9b | PK₨80.3b | PK₨8.8b | 18.3x | 18.2x | 2x |
| Thu, 19 Sep 2024 | PK₨163.0b | PK₨86.2b | PK₨9.2b | 14.8x | 17.8x | 1.9x |
| Sat, 17 Aug 2024 | PK₨168.7b | PK₨84.3b | PK₨9.3b | 11.8x | 18.2x | 2x |
| Mon, 15 Jul 2024 | PK₨168.0b | PK₨84.3b | PK₨9.3b | 10.7x | 18.1x | 2x |
| Wed, 12 Jun 2024 | PK₨162.8b | PK₨84.3b | PK₨9.3b | 10.2x | 17.6x | 1.9x |
| Fri, 10 May 2024 | PK₨146.0b | PK₨77.1b | PK₨9.4b | 17.8x | 15.5x | 1.9x |
| Sun, 07 Apr 2024 | PK₨142.6b | PK₨67.6b | PK₨11.7b | 13.2x | 12.2x | 2.1x |
| Tue, 05 Mar 2024 | PK₨148.8b | PK₨63.1b | PK₨11.7b | 13.9x | 12.7x | 2.4x |
| Thu, 01 Feb 2024 | PK₨141.2b | PK₨63.1b | PK₨11.7b | 10.3x | 12.1x | 2.2x |
| Sat, 30 Dec 2023 | PK₨153.6b | PK₨63.1b | PK₨11.7b | 11.2x | 13.2x | 2.4x |
| Mon, 27 Nov 2023 | PK₨169.0b | PK₨63.2b | PK₨11.5b | 13.3x | 14.7x | 2.7x |
| Wed, 25 Oct 2023 | PK₨149.3b | PK₨57.7b | PK₨11.7b | 11.4x | 12.7x | 2.6x |
| Fri, 22 Sep 2023 | PK₨150.4b | PK₨57.7b | PK₨11.8b | 11x | 12.7x | 2.6x |
| Sun, 20 Aug 2023 | PK₨162.2b | PK₨47.2b | PK₨12.0b | 15.7x | 13.5x | 3.4x |
| Tue, 18 Jul 2023 | PK₨160.3b | PK₨54.4b | PK₨13.3b | 13.5x | 12x | 2.9x |
| Thu, 15 Jun 2023 | PK₨151.4b | PK₨54.4b | PK₨13.3b | 10.3x | 11.4x | 2.8x |
| Sat, 13 May 2023 | PK₨150.9b | PK₨47.2b | PK₨10.0b | 17.8x | 15.2x | 3.2x |
| Mon, 10 Apr 2023 | PK₨165.5b | PK₨39.4b | PK₨9.2b | 18.7x | 17.9x | 4.2x |
| Wed, 08 Mar 2023 | PK₨170.0b | PK₨39.4b | PK₨9.2b | 19.4x | 18.4x | 4.3x |
| Fri, 03 Feb 2023 | PK₨164.6b | PK₨39.0b | PK₨10.0b | 15.1x | 16.4x | 4.2x |
| Sun, 01 Jan 2023 | PK₨171.5b | PK₨39.0b | PK₨10.0b | 15.6x | 17.1x | 4.4x |
| Tue, 29 Nov 2022 | PK₨179.9b | PK₨39.1b | PK₨10.0b | 16.6x | 17.9x | 4.6x |
| Thu, 27 Oct 2022 | PK₨163.2b | PK₨34.4b | PK₨8.9b | 16.1x | 18.3x | 4.7x |
| Sat, 24 Sep 2022 | PK₨150.0b | PK₨33.7b | PK₨8.7b | 15.4x | 17.2x | 4.4x |
| Mon, 22 Aug 2022 | PK₨151.0b | PK₨31.1b | PK₨7.9b | 17.3x | 19.1x | 4.9x |
| Wed, 20 Jul 2022 | PK₨141.6b | PK₨31.1b | PK₨7.9b | 16.7x | 17.9x | 4.6x |
| Fri, 17 Jun 2022 | PK₨130.3b | PK₨31.1b | PK₨7.9b | 15x | 16.5x | 4.2x |
| Sun, 15 May 2022 | PK₨134.4b | PK₨30.3b | PK₨7.2b | 17x | 18.7x | 4.4x |
| Tue, 12 Apr 2022 | PK₨147.8b | PK₨28.1b | PK₨6.6b | 22.2x | 22.4x | 5.3x |
| Thu, 10 Mar 2022 | PK₨129.6b | PK₨25.6b | PK₨4.9b | 25.8x | 26.3x | 5.1x |
| Sat, 05 Feb 2022 | PK₨152.6b | PK₨25.6b | PK₨4.9b | 30.9x | 31x | 6x |
| Mon, 03 Jan 2022 | PK₨147.4b | PK₨25.6b | PK₨4.9b | 28.7x | 29.9x | 5.8x |
| Wed, 01 Dec 2021 | PK₨153.9b | PK₨25.6b | PK₨4.9b | 30.5x | 31.3x | 6x |
Price to Earnings Ratio
31.3x
Current Industry PE
- Investors are optimistic on the Pakistani IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.4x which is higher than its 3-year average PE of 17.6x.
- The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 49% 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 industry?
| PK Market | 2.53% | |
| Tech | -0.52% | |
| IT | -0.83% | |
| Internet Services and Infrastructure | 0% | |
| IT Consulting | -0.83% | |
| Data Processing Services | -7.20% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 17.6x.
- Analysts are expecting annual earnings growth of 31.9%, which is higher than its past year's earnings decline of 15.1% per year.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 15% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 32% 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 | |
|---|---|---|---|---|---|
| SYS Systems | PK₨513.30 | 0.04% +PK₨67.2m | 9.5% | PE21.5x | |
| HCL Hallmark | PK₨740.44 | 2.8% +PK₨10.1m | 428.9% | PE7.2x |