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- 7D0.6%
- 3M7.7%
- 1Y19.8%
- YTD6.9%
Last week, the IT industry hasn't moved much but iOCO is up 3.2% in that time. As for the the longer term, the industry is up 17% over the past 12 months. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the South African IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 Apr 2026 | R12.2b | R17.5b | R1.1b | 9.3x | 11.6x | 0.7x |
| Sat, 21 Mar 2026 | R11.5b | R17.4b | R996.8m | 9.8x | 11.5x | 0.7x |
| Mon, 16 Feb 2026 | R11.9b | R17.4b | R996.8m | 10.5x | 11.9x | 0.7x |
| Wed, 14 Jan 2026 | R11.4b | R17.4b | R996.8m | 10.2x | 11.5x | 0.7x |
| Fri, 12 Dec 2025 | R12.5b | R18.5b | R918.8m | 10.2x | 13.6x | 0.7x |
| Sun, 09 Nov 2025 | R11.9b | R18.5b | R913.3m | 10.3x | 13.1x | 0.6x |
| Tue, 07 Oct 2025 | R12.3b | R20.2b | R50.3m | 12.3x | 244.5x | 0.6x |
| Thu, 04 Sep 2025 | R12.1b | R20.2b | R20.0m | 10.8x | 606.6x | 0.6x |
| Sat, 02 Aug 2025 | R12.9b | R20.2b | R20.0m | 11.2x | 646x | 0.6x |
| Mon, 30 Jun 2025 | R12.7b | R20.2b | R19.9m | 11.4x | 637.7x | 0.6x |
| Wed, 28 May 2025 | R13.3b | R19.0b | R112.2m | 13.5x | 118.8x | 0.7x |
| Fri, 25 Apr 2025 | R11.3b | R19.0b | R112.2m | 11.9x | 101.1x | 0.6x |
| Sun, 23 Mar 2025 | R11.4b | R19.4b | R344.3m | 11.4x | 33x | 0.6x |
| Tue, 18 Feb 2025 | R12.0b | R19.4b | R366.4m | 12.4x | 32.9x | 0.6x |
| Thu, 16 Jan 2025 | R12.2b | R19.4b | R355.3m | 12.7x | 34.2x | 0.6x |
| Sat, 14 Dec 2024 | R11.7b | R19.7b | R130.6m | 12.8x | 89.3x | 0.6x |
| Mon, 11 Nov 2024 | R11.3b | R19.7b | R131.3m | 12.6x | 86.2x | 0.6x |
| Wed, 09 Oct 2024 | R10.5b | R19.9b | -R172,648,289.00 | 15x | -60.9x | 0.5x |
| Fri, 06 Sep 2024 | R9.6b | R20.0b | -R61,141,289.00 | 11.3x | -156.7x | 0.5x |
| Sun, 04 Aug 2024 | R9.8b | R20.0b | -R61,141,289.00 | 12.3x | -160x | 0.5x |
| Tue, 02 Jul 2024 | R8.9b | R19.9b | R31.3m | 11.3x | 284.1x | 0.4x |
| Thu, 30 May 2024 | R8.6b | R20.0b | -R121,068,660.00 | 10.9x | -71.1x | 0.4x |
| Sat, 27 Apr 2024 | R7.6b | R21.4b | -R419,068,660.00 | 11.8x | -18.1x | 0.4x |
| Mon, 25 Mar 2024 | R7.4b | R21.5b | -R366,699,660.00 | 12.4x | -20.2x | 0.3x |
| Wed, 21 Feb 2024 | R7.2b | R21.5b | -R356,907,660.00 | 12.5x | -20x | 0.3x |
| Fri, 19 Jan 2024 | R7.2b | R21.3b | -R358,480,085.00 | 13.1x | -20.1x | 0.3x |
| Sun, 17 Dec 2023 | R7.1b | R21.3b | -R352,944,085.00 | 9.4x | -20.1x | 0.3x |
| Tue, 14 Nov 2023 | R6.9b | R20.8b | -R158,367,034.00 | 10.1x | -43.3x | 0.3x |
| Thu, 12 Oct 2023 | R5.8b | R14.6b | -R71,823,034.00 | 10.6x | -80.7x | 0.4x |
| Sat, 09 Sep 2023 | R6.1b | R14.6b | -R76,018,034.00 | 10.3x | -80.5x | 0.4x |
| Mon, 07 Aug 2023 | R5.7b | R14.4b | -R87,939,425.00 | 10.4x | -65.2x | 0.4x |
| Wed, 05 Jul 2023 | R6.2b | R14.4b | -R580,344,109.00 | 10.1x | -10.6x | 0.4x |
| Fri, 02 Jun 2023 | R6.1b | R13.4b | -R387,675,109.00 | 10x | -15.8x | 0.5x |
| Sun, 30 Apr 2023 | R7.6b | R13.4b | -R387,675,109.00 | 11.6x | -19.6x | 0.6x |
Price to Earnings Ratio
-19.6x
Current Industry PE
- Investors are pessimistic on the South African IT 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 11.6x which is lower than its 3-year average PE of 103x.
- The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
- Total earnings for the IT industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 9.3% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the South African Tech industry?
| ZA Market | -0.23% | |
| Tech | 0.63% | |
| IT | 0.61% | |
| IT Consulting | 0.61% | |
| Data Processing Services | 0% | 0 |
Industry PE
- Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 103x.
- Analysts are expecting annual earnings growth of 21.7%, which is lower than the prior year's growth of 27.9% per year.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 103x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 22% over the next 5 years.
- However this is lower than its past earnings growth rate of 28% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| IOC iOCO | R4.47 | 3.2% +R87.1m | 50.0% | PE9x | |
| 4SI 4Sight Holdings | R0.70 | 4.5% +R16.5m | -6.7% | PE7.9x | |
| PBT PBT Holdings | R6.86 | 0.1% +R970.8k | 24.7% | PE9.5x |