Pakistani (KSE) Tech Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies8
- 7D1.7%
- 3M17.9%
- 1Y19.0%
- YTD-2.6%
The Tech industry is up 1.7% in the last week, with Systems up 2.6%. This takes the industry's 12 month performance to a gain of 19%. Earnings are forecast to grow by 49% annually.
Sector Valuation and Performance
Has the Pakistani Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | PK₨192.4b | PK₨190.9b | PK₨13.3b | 9.5x | 14.5x | 1x |
| Tue, 16 Apr 2024 | PK₨183.4b | PK₨151.1b | PK₨15.7b | 11.6x | 11.7x | 1.2x |
| Thu, 14 Mar 2024 | PK₨179.0b | PK₨149.6b | PK₨15.6b | 10.6x | 11.5x | 1.2x |
| Sat, 10 Feb 2024 | PK₨173.2b | PK₨127.1b | PK₨14.1b | 10.2x | 12.2x | 1.4x |
| Mon, 08 Jan 2024 | PK₨190.6b | PK₨127.1b | PK₨14.1b | 11.4x | 13.5x | 1.5x |
| Wed, 06 Dec 2023 | PK₨204.5b | PK₨127.2b | PK₨13.9b | 13.2x | 14.7x | 1.6x |
| Fri, 03 Nov 2023 | PK₨173.3b | PK₨111.5b | PK₨13.4b | 11.7x | 12.9x | 1.6x |
| Sun, 01 Oct 2023 | PK₨157.1b | PK₨112.9b | PK₨14.2b | 11.7x | 11.1x | 1.4x |
| Tue, 29 Aug 2023 | PK₨179.8b | PK₨102.3b | PK₨14.7b | 12.2x | 12.3x | 1.8x |
| Thu, 27 Jul 2023 | PK₨174.6b | PK₨102.4b | PK₨14.5b | 13.8x | 12x | 1.7x |
| Sat, 24 Jun 2023 | PK₨153.1b | PK₨102.4b | PK₨14.5b | 12.4x | 10.5x | 1.5x |
| Mon, 22 May 2023 | PK₨156.7b | PK₨105.0b | PK₨13.3b | 13.9x | 11.8x | 1.5x |
| Wed, 19 Apr 2023 | PK₨177.9b | PK₨90.4b | PK₨10.7b | 14.4x | 16.6x | 2x |
| Fri, 17 Mar 2023 | PK₨181.1b | PK₨90.1b | PK₨10.7b | 15.1x | 17x | 2x |
| Sun, 12 Feb 2023 | PK₨182.8b | PK₨90.4b | PK₨11.6b | 15.4x | 15.8x | 2x |
| Tue, 10 Jan 2023 | PK₨186.6b | PK₨90.4b | PK₨11.6b | 15.9x | 16.2x | 2.1x |
| Thu, 08 Dec 2022 | PK₨192.3b | PK₨90.6b | PK₨11.6b | 14.9x | 16.6x | 2.1x |
| Sat, 05 Nov 2022 | PK₨187.2b | PK₨90.6b | PK₨11.7b | 14.1x | 16x | 2.1x |
| Mon, 03 Oct 2022 | PK₨162.8b | PK₨80.2b | PK₨10.6b | 15.7x | 15.4x | 2x |
| Wed, 31 Aug 2022 | PK₨170.5b | PK₨77.1b | PK₨9.5b | 16.4x | 18x | 2.2x |
| Fri, 29 Jul 2022 | PK₨152.4b | PK₨77.1b | PK₨9.5b | 15.5x | 16.1x | 2x |
| Sun, 26 Jun 2022 | PK₨150.5b | PK₨77.1b | PK₨9.5b | 15.7x | 15.9x | 2x |
| Tue, 24 May 2022 | PK₨146.6b | PK₨76.6b | PK₨9.4b | 14.5x | 15.6x | 1.9x |
| Thu, 21 Apr 2022 | PK₨176.5b | PK₨73.6b | PK₨8.2b | 21.6x | 21.6x | 2.4x |
| Sat, 19 Mar 2022 | PK₨171.0b | PK₨71.7b | PK₨6.9b | 20.9x | 24.8x | 2.4x |
| Mon, 14 Feb 2022 | PK₨173.9b | PK₨69.5b | PK₨6.6b | 29.7x | 26.4x | 2.5x |
| Wed, 12 Jan 2022 | PK₨186.1b | PK₨69.5b | PK₨6.6b | 31.7x | 28.3x | 2.7x |
| Fri, 10 Dec 2021 | PK₨170.3b | PK₨69.5b | PK₨6.6b | 27.4x | 25.9x | 2.5x |
| Sun, 07 Nov 2021 | PK₨190.0b | PK₨69.0b | PK₨6.3b | 32.6x | 30.1x | 2.8x |
| Tue, 05 Oct 2021 | PK₨177.9b | PK₨68.8b | PK₨5.4b | 37.3x | 33x | 2.6x |
| Thu, 02 Sep 2021 | PK₨148.0b | PK₨25.1b | PK₨3.6b | 58.9x | 40.7x | 5.9x |
| Sat, 31 Jul 2021 | PK₨133.3b | PK₨25.1b | PK₨3.6b | 55.2x | 36.7x | 5.3x |
Price to Earnings Ratio
35.6x
Current Industry PE
- Investors are pessimistic on the Pakistani 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 14.5x which is lower than its 3-year average PE of 19.2x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 63% per year over the last three years.
- Revenues for these companies have grown 100% 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 Pakistani Tech sector?
| PK Market | 2.64% | |
| Tech | 1.65% | |
| IT | 2.02% | |
| Electronic Equipment and Components | 1.04% | |
| Communications | 0% | |
| Tech Hardware | 0% | |
| Semiconductors | 0% | |
| Software | -2.01% | |
Industry PE
- Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio of 15.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Electronic Equipment and Components industry, which is trading below its 3-year average of 35.3x.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 49% over the next 5 years.
- This is better than its past earnings growth rate of 30% per year.
- In contrast, the IT industry is expected to see its earnings grow by 49% 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 | |
|---|---|---|---|---|---|
| SYS Systems | PK₨398.41 | 2.6% +PK₨2.9b | -1.8% | PE18.2x | |
| OCTOPUS Octopus Digital | PK₨76.16 | 2.7% +PK₨317.7m | 73.4% | PE32.1x | |
| AIRLINK Air Link Communication | PK₨73.95 | 1.1% +PK₨312.3m | 236.6% | PE9.5x |