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South African (JSE) Tech Sector Analysis

UpdatedDec 13, 2024
DataAggregated Company Financials
Companies10
  • 7D1.1%
  • 3M21.2%
  • 1Y37.3%
  • YTD32.9%

The Tech industry is up 1.2% in the last week, with Altron up 2.3%. In the last 12 months, the industry was up 37%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Dec 2024R23.0bR122.6bR1.2b12x19x0.2x
Sun, 10 Nov 2024R21.5bR121.7bR1.2b11.8x18x0.2x
Tue, 08 Oct 2024R19.8bR123.5bR674.7m13.7x29.3x0.2x
Thu, 05 Sep 2024R19.2bR127.1bR929.5m10.2x20.7x0.2x
Sat, 03 Aug 2024R18.7bR129.2bR947.7m9.6x19.8x0.1x
Mon, 01 Jul 2024R17.9bR128.8bR1.0b10x17.3x0.1x
Wed, 29 May 2024R18.0bR129.4bR888.4m9.9x20.3x0.1x
Fri, 26 Apr 2024R15.9bR135.5b-R764,388,753.509.9x-20.8x0.1x
Sun, 24 Mar 2024R22.7bR138.4b-R605,664,761.0010x-37.5x0.2x
Tue, 20 Feb 2024R21.1bR139.7b-R604,814,831.509.8x-34.8x0.2x
Thu, 18 Jan 2024R24.4bR163.6bR56.6m9.7x432x0.1x
Sat, 16 Dec 2023R22.9bR159.5bR76.8m8.6x298.3x0.1x
Mon, 13 Nov 2023R21.6bR161.3bR212.3m9.2x101.6x0.1x
Wed, 11 Oct 2023R21.8bR149.9bR110.4m9.9x197.1x0.1x
Fri, 08 Sep 2023R21.8bR150.2bR81.0m9.6x268.4x0.1x
Sun, 06 Aug 2023R21.1bR146.6bR88.6m10x237.7x0.1x
Tue, 04 Jul 2023R22.1bR147.9b-R407,150,866.0010.5x-54.3x0.1x
Thu, 01 Jun 2023R22.4bR152.4b-R246,092,538.009.9x-91x0.1x
Sat, 29 Apr 2023R23.7bR138.8bR1.0b12.6x23.4x0.2x
Mon, 27 Mar 2023R23.1bR138.1bR1.0b10.5x22.9x0.2x
Wed, 22 Feb 2023R23.9bR138.6bR1.2b11.9x20.7x0.2x
Fri, 20 Jan 2023R23.7bR134.1bR1.1b13.2x21.9x0.2x
Sun, 18 Dec 2022R23.0bR135.8bR1.1b12.5x21.2x0.2x
Tue, 15 Nov 2022R26.5bR133.5bR929.2m11.9x28.5x0.2x
Thu, 13 Oct 2022R25.5bR140.3bR869.3m11.1x29.3x0.2x
Sat, 10 Sep 2022R26.7bR130.4bR1.3b12x20.5x0.2x
Mon, 08 Aug 2022R26.7bR128.1bR1.3b12.6x20.7x0.2x
Wed, 06 Jul 2022R26.0bR127.0bR1.4b14.5x18.7x0.2x
Fri, 03 Jun 2022R24.9bR122.4bR1.5b13.5x16.5x0.2x
Sun, 01 May 2022R26.0bR119.6bR1.2b13.5x22.2x0.2x
Tue, 29 Mar 2022R25.5bR108.3bR1.3b13.8x20.1x0.2x
Thu, 24 Feb 2022R25.9bR107.0bR1.1b13.6x23.7x0.2x
Sat, 22 Jan 2022R26.3bR107.0bR1.2b14.1x22.4x0.2x
Mon, 20 Dec 2021R26.5bR111.3bR1.4b13.1x18.7x0.2x
Price to Earnings Ratio

18.7x


Total Market Cap: R26.5bTotal Earnings: R1.4bTotal Revenue: R111.3bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Tech Sector Price to Earnings3Y Average 56.7x202220232024
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 19.1x which is lower than its 3-year average PE of 56.7x.
  • 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 5.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

ZA Market0.34%
Tech1.08%
Software2.70%
IT1.91%
Tech Hardware0.78%
Electronic Equipment and Components0.14%
Communications0%
Semiconductors0%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 1.8x.
    • 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 23.1x.
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?

CompanyLast Price7D1YValuation
AEL AltronR20.904.0%
+R304.0m
117.7%PE12x
DTC DatatecR44.340.1%
+R13.9m
17.0%PE10x
SEB Sebata HoldingsR1.0510.5%
+R11.4m
-47.5%PS3.6x
ISA ISA HoldingsR1.902.7%
+R7.8m
55.7%PE10x
MST MustekR15.510.8%
+R6.5m
21.4%PE39.2x
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Latest News

ISA

R1.90

ISA Holdings

7D

2.7%

1Y

55.7%

MFL

R2.04

Metrofile Holdings

7D

-1.0%

1Y

-25.5%

IOC

R2.39

iOCO

7D

-4.4%

1Y

71.9%

DTC

R44.34

Datatec

7D

0.1%

1Y

17.0%

AEL

R20.90

Altron

7D

4.0%

1Y

117.7%

MST

R15.51

Mustek

7D

0.8%

1Y

21.4%

4SI

R0.68

4Sight Holdings

7D

-4.2%

1Y

61.9%

SEB

R1.05

Sebata Holdings

7D

10.5%

1Y

-47.5%