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South African (JSE) Tech Sector Analysis

UpdatedMay 07, 2024
DataAggregated Company Financials
Companies10
  • 7D1.8%
  • 3M-3.6%
  • 1Y-6.6%
  • YTD-1.8%

Over the last 7 days, the Tech industry has risen 1.8%, driven by gains from Datatec of 4.4%. In the past year, the industry is down 6.6%. Earnings are forecast to grow by 71% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024R16.8bR132.6b-R749,878,871.009.9x-22.4x0.1x
Fri, 05 Apr 2024R16.7bR134.0b-R758,722,652.509.2x-22x0.1x
Sun, 03 Mar 2024R21.4bR139.5b-R520,850,563.509.8x-41.1x0.2x
Tue, 30 Jan 2024R24.9bR162.2bR61.3m9.8x405.3x0.2x
Thu, 28 Dec 2023R24.1bR159.8bR70.0m9.3x343.5x0.2x
Sat, 25 Nov 2023R22.6bR162.3bR212.3m9.2x106.3x0.1x
Mon, 23 Oct 2023R21.6bR156.1bR23.9m9.4x906.4x0.1x
Wed, 20 Sep 2023R21.2bR149.6bR112.3m9.8x188.4x0.1x
Fri, 18 Aug 2023R21.4bR149.9bR82.6m9.4x258.7x0.1x
Sun, 16 Jul 2023R21.9bR144.5b-R386,460,567.0010.2x-56.6x0.2x
Tue, 13 Jun 2023R22.5bR146.2b-R309,978,554.0010.1x-72.6x0.2x
Thu, 11 May 2023R22.7bR141.7bR1.0b11.7x22x0.2x
Sat, 08 Apr 2023R24.3bR138.4bR1.0b11.6x24x0.2x
Mon, 06 Mar 2023R24.9bR138.0bR1.1b10.9x21.7x0.2x
Wed, 01 Feb 2023R24.4bR134.5bR1.1b11.7x21.7x0.2x
Fri, 30 Dec 2022R22.9bR132.0bR1.1b13x21.6x0.2x
Sun, 27 Nov 2022R25.5bR132.6bR923.2m12.3x27.6x0.2x
Tue, 25 Oct 2022R25.6bR140.0bR854.2m11.1x30x0.2x
Thu, 22 Sep 2022R26.8bR133.0bR723.4m11.3x37x0.2x
Sat, 20 Aug 2022R27.1bR129.2bR1.3b12.7x20.9x0.2x
Mon, 18 Jul 2022R25.9bR129.3bR1.4b13.5x18.3x0.2x
Wed, 15 Jun 2022R24.1bR125.1bR1.4b14x16.8x0.2x
Fri, 13 May 2022R25.4bR120.8bR1.2b13x21.6x0.2x
Sun, 10 Apr 2022R25.8bR108.1bR1.3b13.8x20.4x0.2x
Tue, 08 Mar 2022R24.4bR112.5bR1.3b12.7x18.1x0.2x
Thu, 03 Feb 2022R26.1bR108.3bR1.2b14.1x22.1x0.2x
Sat, 01 Jan 2022R26.5bR111.6bR1.3b12.9x21.2x0.2x
Mon, 29 Nov 2021R25.1bR112.9bR1.4b13.5x17.7x0.2x
Wed, 27 Oct 2021R27.2bR109.7bR723.4m14x37.6x0.2x
Fri, 24 Sep 2021R24.8bR109.2bR509.5m10x48.6x0.2x
Sun, 22 Aug 2021R23.3bR111.0bR363.0m9.8x64x0.2x
Fri, 09 Jul 2021R23.5bR111.0bR363.0m10.4x64.8x0.2x
Price to Earnings Ratio

86.6x


Total Market Cap: R25.4bTotal Earnings: R293.5mTotal Revenue: R110.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Tech Sector Price to Earnings3Y Average 64.1x202220232024
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 close to its 3-year average PS ratio of 0.19x.
Past Earnings Growth
  • Total earnings for the Information Technology industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 6.3% 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 Market0.76%
Tech1.80%
Tech Hardware4.27%
Electronic Equipment and Components3.77%
Software0.64%
Communications0%
Semiconductors0%
IT-0.47%
Industry PE
  • Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 24.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 71% over the next 5 years.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 71% 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
DTC DatatecR38.144.4%
+R365.5m		9.8%PS0.09x
SEB Sebata HoldingsR1.8914.5%
+R27.2m		-16.0%PS7.6x
4SI 4Sight HoldingsR0.711.4%
+R5.3m		153.6%PE13.1x
ISA ISA HoldingsR1.580.6%
+R1.6m		30.6%PE10.1x
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Latest News

4SI

R0.71

4Sight Holdings

7D

1.4%

1Y

153.6%

With EPS Growth And More, 4Sight Holdings (JSE:4SI) Makes An Interesting Case

Apr 20
With EPS Growth And More, 4Sight Holdings (JSE:4SI) Makes An Interesting Case

ISA

R1.58

ISA Holdings

7D

0.6%

1Y

30.6%

MFL

R2.50

Metrofile Holdings

7D

-2.7%

1Y

-19.4%

MST

R8.98

Mustek

7D

-0.2%

1Y

-47.8%

AEL

R11.39

Altron

7D

-0.09%

1Y

34.2%

SEB

R1.89

Sebata Holdings

7D

14.5%

1Y

-16.0%

DTC

R38.14

Datatec

7D

4.4%

1Y

9.8%

PBG

R6.68

PBT Group

7D

-0.1%

1Y

-33.5%