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South African (JSE) Tech Sector Analysis

UpdatedAug 20, 2026
DataAggregated Company Financials
Companies9
  • 7D-0.6%
  • 3M1.3%
  • 1Y28.6%
  • YTD10.8%

The Tech is pretty flat in the last 7 days, but Sebata Holdings has stood out, gaining 13%. As for the the longer term, the industry is up 29% over the past 12 months. Earnings are forecast to grow by 7.4% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Aug 2026R34.5bR84.7bR3.1b9.7x11.2x0.4x
Sat, 18 Jul 2026R35.5bR86.3bR3.1b9x11.4x0.4x
Mon, 15 Jun 2026R34.9bR85.0bR3.0b10.4x11.7x0.4x
Wed, 13 May 2026R30.4bR86.0bR2.7b10.1x11.3x0.4x
Fri, 10 Apr 2026R29.6bR85.4bR2.7b10.1x11.1x0.3x
Sun, 08 Mar 2026R29.8bR86.1bR2.6b10.8x11.3x0.3x
Tue, 03 Feb 2026R30.6bR84.3bR2.6b11.4x11.9x0.4x
Thu, 01 Jan 2026R32.3bR87.2bR2.6b12.1x12.3x0.4x
Sat, 29 Nov 2025R32.3bR89.3bR2.5b11.7x12.8x0.4x
Mon, 27 Oct 2025R29.9bR90.5bR1.3b11.7x23.8x0.3x
Wed, 24 Sep 2025R27.3bR90.3bR1.1b12.9x24x0.3x
Fri, 22 Aug 2025R28.1bR92.8bR1.1b12.3x26.1x0.3x
Sun, 20 Jul 2025R28.9bR92.7bR1.1b12.6x26.9x0.3x
Tue, 17 Jun 2025R28.7bR93.4bR1.1b13.5x26.7x0.3x
Thu, 15 May 2025R28.9bR123.9bR1.2b13.6x24.5x0.2x
Sat, 12 Apr 2025R25.6bR128.3bR1.2b11.6x20.9x0.2x
Mon, 10 Mar 2025R23.8bR124.3bR1.4b10.8x16.9x0.2x
Wed, 05 Feb 2025R24.4bR127.1bR1.5b12.1x16.4x0.2x
Fri, 03 Jan 2025R24.4bR127.6bR1.3b12.8x19.3x0.2x
Sun, 01 Dec 2024R22.6bR124.1bR1.2b11.6x18.5x0.2x
Tue, 29 Oct 2024R20.8bR122.4bR974.3m14.9x21.4x0.2x
Thu, 26 Sep 2024R19.3bR122.9bR670.0m14.1x28.8x0.2x
Sat, 24 Aug 2024R19.3bR126.2bR922.2m9.4x20.9x0.2x
Mon, 22 Jul 2024R18.4bR129.3bR1.0b9.9x17.7x0.1x
Wed, 19 Jun 2024R18.0bR128.1bR1.0b10.3x17.4x0.1x
Fri, 17 May 2024R16.9bR131.0b-R742,126,794.5010.2x-22.8x0.1x
Sun, 14 Apr 2024R16.4bR134.8b-R761,055,657.0010x-21.6x0.1x
Tue, 12 Mar 2024R20.9bR136.5b-R598,597,219.0010.2x-34.9x0.2x
Thu, 08 Feb 2024R21.6bR139.2b-R604,748,561.0010.3x-35.7x0.2x
Sat, 06 Jan 2024R24.3bR161.5bR63.9m9.7x380x0.2x
Mon, 04 Dec 2023R22.2bR161.1bR264.9m8.8x83.9x0.1x
Wed, 01 Nov 2023R21.6bR160.8bR187.0m9.4x115.3x0.1x
Fri, 29 Sep 2023R21.1bR149.8bR111.3m9.4x189.6x0.1x
Sun, 27 Aug 2023R21.6bR147.4bR96.8m9.1x222.8x0.1x
Price to Earnings Ratio

222.8x


Total Market Cap: R21.6bTotal Earnings: R96.8mTotal Revenue: R147.4bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Tech Sector Price to Earnings3Y Average 52.2x202420252026
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 11.2x which is lower than its 3-year average PE of 52.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.24x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 217% per year over the last three years.
  • Meanwhile revenues for these companies have declined 17% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

ZA Market1.08%
Tech-0.62%
Software5.26%
Communications0%0
Semiconductors0%0
Tech Hardware-0.065%
Electronic Equipment and Components-0.45%
IT-1.03%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry even though it's trading below its 3-year average PE ratio of 49.8x.
    • Analysts are expecting annual earnings growth of 7.3%, which is lower than the prior year's growth of 55.1% per year.
  • Investors are most pessimistic about the Semiconductors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 0.012x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 7.7% over the next 5 years.
  • However this is lower than its past earnings growth rate of 37% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 7.3% 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
SEB Sebata HoldingsR1.7013.3%
+R23.0m		109.9%PE1.8x
ISA ISA HoldingsR2.005.3%
+R15.6m		8.1%PE11.3x

Latest News

AEL
R26.25
Altron
7D
-1.0%
1Y
24.8%
SEB
R1.70
Sebata Holdings
7D
13.3%
1Y
109.9%
DTC
R82.75
Datatec
7D
-0.4%
1Y
38.3%
ISA
R2.00
ISA Holdings
7D
5.3%
1Y
8.1%
4SI
R0.71
4Sight Holdings
7D
-1.4%
1Y
10.9%
IOC
R4.14
iOCO
7D
-2.4%
1Y
-1.4%
MST
R15.40
Mustek
7D
-0.06%
1Y
12.4%