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South African (JSE) IT Industry Analysis

UpdatedDec 05, 2023
DataAggregated Company Financials
  • 7D-4.6%
  • 3M4.1%
  • 1Y-25.1%
  • YTD-23.1%

Over the last 7 days, the IT industry has dropped 3.8%, driven by pullbacks from every company within the industry. The industry has fallen 24% in the last year.

Industry Valuation and Performance

Has the South African IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 Dec 2023R7.3bR21.1b-R158,122,085.009.6x-46.1x0.3x
Thu, 02 Nov 2023R6.9bR20.8b-R158,367,034.0010.6x-43.5x0.3x
Sat, 30 Sep 2023R5.7bR14.6b-R71,823,034.0010.1x-80x0.4x
Mon, 28 Aug 2023R6.1bR14.6b-R76,018,034.0010.1x-80.7x0.4x
Wed, 26 Jul 2023R6.2bR14.4b-R87,939,425.009.8x-70x0.4x
Fri, 23 Jun 2023R6.4bR14.4b-R580,344,109.0010.5x-11x0.4x
Sun, 21 May 2023R6.4bR13.4b-R387,675,109.0010.6x-16.5x0.5x
Tue, 18 Apr 2023R7.4bR13.3b-R387,033,145.0010.7x-19.2x0.6x
Thu, 16 Mar 2023R9.1bR14.2b-R276,865,145.0011.2x-32.8x0.6x
Sat, 11 Feb 2023R8.8bR14.1b-R276,996,145.0011.9x-31.7x0.6x
Mon, 09 Jan 2023R9.1bR14.1b-R276,996,145.0015.7x-32.8x0.6x
Wed, 07 Dec 2022R9.0bR14.1b-R477,352,145.0013.1x-18.8x0.6x
Fri, 04 Nov 2022R9.4bR20.2b-R543,839,169.0011.4x-17.3x0.5x
Sun, 02 Oct 2022R9.8bR19.3b-R653,723,047.0011x-14.9x0.5x
Tue, 30 Aug 2022R10.3bR19.2b-R165,623,047.0012x-62.3x0.5x
Thu, 28 Jul 2022R9.6bR19.2b-R165,623,047.0012.8x-58.2x0.5x
Sat, 25 Jun 2022R9.9bR19.1b-R178,226,281.0015.2x-55.3x0.5x
Mon, 23 May 2022R10.1bR18.5b-R92,611,281.0012.7x-109.6x0.5x
Wed, 20 Apr 2022R9.7bR18.6b-R79,462,281.0013x-122.4x0.5x
Fri, 18 Mar 2022R9.0bR12.3bR37.6m13x238.6x0.7x
Sun, 13 Feb 2022R9.4bR12.3bR37.6m14.4x250x0.8x
Tue, 11 Jan 2022R9.6bR12.3bR37.6m13.7x254.2x0.8x
Thu, 09 Dec 2021R9.2bR13.0bR263.2m13.3x35x0.7x
Sat, 06 Nov 2021R10.4bR12.8bR215.7m13.9x48.2x0.8x
Mon, 04 Oct 2021R10.5bR20.5b-R395,487,504.0011.1x-26.7x0.5x
Wed, 01 Sep 2021R9.9bR20.4b-R520,490,344.0711x-18.9x0.5x
Thu, 08 Jul 2021R10.0bR20.4b-R520,490,344.0710.7x-19.2x0.5x
Wed, 31 Mar 2021R10.7bR20.4b-R520,490,344.0710.5x-20.6x0.5x
Sat, 02 Jan 2021R11.0bR21.7b-R716,169,230.0710.5x-15.4x0.5x
Price to Earnings Ratio


Total Market Cap: R11.0bTotal Earnings: -R716,169,230.07Total Revenue: R21.7bTotal Market Cap vs Earnings and Revenue0%0%0%
South African IT Industry Price to Earnings3Y Average -6.5x20222023
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 close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
  • The earnings for companies in the IT industry have improved over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since losses are shrinking while sales have been flat.

Industry Trends

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

ZA Market-0.20%
Internet Services and Infrastructure0%
Data Processing Services0%
IT Consulting-4.55%
Industry PE
    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
    No data available
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