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South African (JSE) Tech Sector Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies10
  • 7D1.2%
  • 3M16.2%
  • 1Y60.1%
  • YTD19.5%

In the last week, the Tech industry is up 3.9%, with Datatec leading the way, up 1.7%. In the same time, Mustek was down 9.3%. This means that the industry has gained 59% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

Has the South African Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 03 Jul 2025R29.4bR92.2bR1.1b12.7x27.5x0.3x
Sat, 31 May 2025R29.4bR93.9bR1.1b13.7x26.4x0.3x
Mon, 28 Apr 2025R25.8bR126.1bR1.2b11.8x21.5x0.2x
Wed, 26 Mar 2025R24.6bR124.4bR1.4b11.5x17.4x0.2x
Fri, 21 Feb 2025R24.2bR125.5bR1.5b12.2x16.4x0.2x
Sun, 19 Jan 2025R24.3bR127.5bR1.5b12.6x16.3x0.2x
Tue, 17 Dec 2024R23.2bR123.0bR1.2b12.1x19.2x0.2x
Thu, 14 Nov 2024R21.4bR125.2bR1.2b11.6x17.4x0.2x
Sat, 12 Oct 2024R19.7bR123.4bR674.6m13.9x29.2x0.2x
Mon, 09 Sep 2024R18.8bR127.0bR929.1m10.1x20.2x0.1x
Wed, 07 Aug 2024R18.2bR130.5bR958.0m9.4x19x0.1x
Fri, 05 Jul 2024R18.6bR129.1bR1.0b10.1x17.8x0.1x
Sun, 02 Jun 2024R17.5bR132.1bR911.5m9.6x19.3x0.1x
Tue, 30 Apr 2024R16.5bR133.4b-R754,079,596.5010x-21.9x0.1x
Thu, 28 Mar 2024R23.0bR137.7b-R657,569,485.5010.2x-35x0.2x
Sat, 24 Feb 2024R20.5bR141.6b-R611,771,275.509.8x-33.6x0.1x
Mon, 22 Jan 2024R24.5bR163.6bR56.7m9.7x432.5x0.1x
Wed, 20 Dec 2023R23.5bR159.6bR76.2m9.2x308.1x0.1x
Fri, 17 Nov 2023R22.8bR158.8bR221.9m9.3x102.7x0.1x
Sun, 15 Oct 2023R21.6bR150.0bR109.9m9.5x196.4x0.1x
Tue, 12 Sep 2023R21.6bR148.7bR89.7m9.7x241x0.1x
Thu, 10 Aug 2023R21.1bR149.1bR74.6m9.9x282.3x0.1x
Sat, 08 Jul 2023R22.5bR148.4b-R408,888,421.0010.1x-55x0.2x
Mon, 05 Jun 2023R22.4bR151.0b-R237,873,275.009.7x-94.1x0.1x
Wed, 03 May 2023R23.7bR139.6bR1.0b12.6x23.3x0.2x
Fri, 31 Mar 2023R23.2bR136.6bR997.8m10.4x23.2x0.2x
Sun, 26 Feb 2023R23.8bR139.5bR1.2b11.1x20.6x0.2x
Tue, 24 Jan 2023R23.7bR133.3bR1.1b13.2x22x0.2x
Thu, 22 Dec 2022R23.2bR133.3bR1.1b13.1x21.7x0.2x
Sat, 19 Nov 2022R25.7bR133.2bR927.2m11.3x27.8x0.2x
Mon, 17 Oct 2022R25.8bR140.2bR868.3m10.8x29.7x0.2x
Wed, 14 Sep 2022R26.6bR129.5bR1.3b11.7x20.5x0.2x
Fri, 12 Aug 2022R27.2bR125.5bR1.3b12.1x21.5x0.2x
Sun, 10 Jul 2022R26.2bR128.3bR1.4b14.7x18.7x0.2x
Price to Earnings Ratio

18.7x


Total Market Cap: R26.2bTotal Earnings: R1.4bTotal Revenue: R128.3bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Tech Sector Price to Earnings3Y Average 56.6x202320242025
Current Industry PE
  • Investors are pessimistic on the South African 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 27.5x which is lower than its 3-year average PE of 56.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.17x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 8.5% per year over the last three years,
  • Revenues have also declined 10% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the South African Tech sector?

ZA Market1.53%
Tech1.20%
Electronic Equipment and Components1.74%
IT1.41%
Communications0%0
Semiconductors0%0
Software-6.37%
Tech Hardware-9.34%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 41.2x.
    • Analysts are expecting annual earnings growth of 13.3%, which is lower than the prior year's growth of 41.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 30% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 13% 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
DTC DatatecR65.461.7%
+R264.5m		78.6%PE14.9x
AEL AltronR21.703.2%
+R259.2m		47.8%PE14x
IOC iOCOR3.905.4%
+R126.1m		146.8%PE16.7x
AYO AYO Technology SolutionsR0.434.9%
+R6.5m		-46.3%PS0.09x

Latest News

PBG
R5.85
PBT Group
7D
-5.2%
1Y
-6.5%
AEL
R21.70
Altron
7D
3.2%
1Y
47.8%
DTC
R65.46
Datatec
7D
1.7%
1Y
78.6%
ISA
R1.91
ISA Holdings
7D
-6.4%
1Y
6.1%

ISA Holdings (JSE:ISA) Has Announced That It Will Be Increasing Its Dividend To ZAR0.167

Jun 27
ISA Holdings (JSE:ISA) Has Announced That It Will Be Increasing Its Dividend To ZAR0.167
IOC
R3.90
iOCO
7D
5.4%
1Y
146.8%
AYO
R0.43
AYO Technology Solutions
7D
4.9%
1Y
-46.3%
MST
R13.50
Mustek
7D
-9.3%
1Y
41.4%