Investors Interested In Altron Limited's (JSE:AEL) Earnings
Jan 18
Have your own idea? Try our Stock Screener
South African (JSE) Tech Sector Analysis
UpdatedJan 23, 2025
DataAggregated Company Financials
Companies10
- 7D-0.4%
- 3M17.6%
- 1Y35.3%
- YTD-0.7%
Over the last 7 days, the Tech industry has remained flat. The past year has been better, since the industry has gained 35% in that time.
Sector Valuation and Performance
Has the South African Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 Jan 2025 | R24.3b | R126.1b | R1.5b | 12.6x | 16.5x | 0.2x |
| Sat, 21 Dec 2024 | R23.2b | R125.6b | R1.2b | 12.2x | 18.7x | 0.2x |
| Mon, 18 Nov 2024 | R21.5b | R125.1b | R1.2b | 11.5x | 17.5x | 0.2x |
| Wed, 16 Oct 2024 | R19.6b | R124.9b | R686.9m | 14.3x | 28.6x | 0.2x |
| Fri, 13 Sep 2024 | R18.7b | R126.6b | R925.5m | 10x | 20.2x | 0.1x |
| Sun, 11 Aug 2024 | R18.3b | R129.5b | R950.1m | 9.5x | 19.2x | 0.1x |
| Tue, 09 Jul 2024 | R18.4b | R128.4b | R1.0b | 10.2x | 17.8x | 0.1x |
| Thu, 06 Jun 2024 | R17.5b | R132.9b | R1.1b | 9.9x | 16.2x | 0.1x |
| Sat, 04 May 2024 | R16.7b | R132.7b | -R750,595,608.00 | 9.9x | -22.3x | 0.1x |
| Mon, 01 Apr 2024 | R23.0b | R137.6b | -R657,302,955.00 | 10.2x | -35x | 0.2x |
| Wed, 28 Feb 2024 | R20.6b | R140.5b | -R607,596,554.50 | 9.8x | -33.9x | 0.1x |
| Fri, 26 Jan 2024 | R24.7b | R162.6b | R59.9m | 10.3x | 411.7x | 0.2x |
| Sun, 24 Dec 2023 | R23.6b | R160.6b | R67.0m | 9.3x | 351.9x | 0.1x |
| Tue, 21 Nov 2023 | R22.6b | R159.4b | R222.4m | 8.6x | 101.6x | 0.1x |
| Thu, 19 Oct 2023 | R21.6b | R156.4b | R22.4m | 9.6x | 965.7x | 0.1x |
| Sat, 16 Sep 2023 | R21.0b | R149.2b | R86.8m | 9.7x | 242x | 0.1x |
| Mon, 14 Aug 2023 | R21.2b | R149.0b | R75.0m | 9.5x | 282.2x | 0.1x |
| Wed, 12 Jul 2023 | R21.8b | R147.0b | -R400,690,569.00 | 9.8x | -54.5x | 0.1x |
| Fri, 09 Jun 2023 | R22.7b | R147.7b | -R318,702,537.00 | 9.9x | -71.2x | 0.2x |
| Sun, 07 May 2023 | R23.2b | R139.3b | R1.0b | 12x | 22.8x | 0.2x |
| Tue, 04 Apr 2023 | R23.9b | R136.3b | R996.0m | 12.3x | 24x | 0.2x |
| Thu, 02 Mar 2023 | R24.3b | R137.9b | R1.1b | 10.9x | 21.2x | 0.2x |
| Sat, 28 Jan 2023 | R23.9b | R133.3b | R1.1b | 12.4x | 21.5x | 0.2x |
| Mon, 26 Dec 2022 | R23.1b | R132.2b | R1.1b | 13.1x | 21.8x | 0.2x |
| Wed, 23 Nov 2022 | R25.6b | R133.5b | R929.4m | 11.5x | 27.6x | 0.2x |
| Fri, 21 Oct 2022 | R25.0b | R140.0b | R854.8m | 11.1x | 29.2x | 0.2x |
| Sun, 18 Sep 2022 | R27.7b | R132.7b | R747.2m | 12x | 37x | 0.2x |
| Tue, 16 Aug 2022 | R27.3b | R126.3b | R1.3b | 12.8x | 21.4x | 0.2x |
| Thu, 14 Jul 2022 | R25.6b | R128.6b | R1.4b | 14.7x | 18.2x | 0.2x |
| Sat, 11 Jun 2022 | R25.2b | R124.0b | R1.4b | 13.9x | 17.6x | 0.2x |
| Mon, 09 May 2022 | R25.9b | R120.1b | R1.2b | 12.8x | 22.1x | 0.2x |
| Wed, 06 Apr 2022 | R25.6b | R107.9b | R1.3b | 13.7x | 20.2x | 0.2x |
| Fri, 04 Mar 2022 | R26.2b | R108.3b | R1.1b | 13.6x | 23.7x | 0.2x |
| Sun, 30 Jan 2022 | R25.8b | R109.6b | R1.2b | 13.9x | 21.8x | 0.2x |
Price to Earnings Ratio
21.8x
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 16.5x 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 grown 7.4% per year over the last three years.
- Revenues for these companies have grown 4.8% 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 South African Tech sector?
| ZA Market | 0.50% | |
| Tech | -0.44% | |
| Software | 2.06% | |
| Electronic Equipment and Components | 0.86% | |
| Communications | 0% | 0 |
| Semiconductors | 0% | 0 |
| Tech Hardware | -0.59% | |
| IT | -1.68% | |
Industry PE
- Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 7.7x.
- 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 22.7x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DTC Datatec | R47.91 | 0.9% +R95.1m | 15.4% | PE10.4x | |
| 4SI 4Sight Holdings | R0.68 | 4.6% +R16.0m | -13.9% | PE13.1x | |
| PBG PBT Group | R5.90 | 1.7% +R10.0m | -13.9% | PE9.3x | |
| ISA ISA Holdings | R1.98 | 2.1% +R6.2m | 61.0% | PE10.5x |