Header cover image

Australian (ASX) Stock Market Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies1795
  • 7D-1.6%
  • 3M-2.1%
  • 1Y11.7%
  • YTD8.9%

Over the last 7 days, the market has dropped 1.6%, driven by a loss of 3.5% in the Financials sector. Although the market is actually up 12% over the past year.

Market Valuation and Performance

Has the Australian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021AU$2.6tAU$976.9bAU$102.0b18.8x
Mon, 25 Oct 2021AU$2.6tAU$955.2bAU$94.5b19.9x
Wed, 22 Sep 2021AU$2.5tAU$960.1bAU$98.6b18.5x
Fri, 20 Aug 2021AU$2.6tAU$949.7bAU$96.9b18.3x
Fri, 04 Jun 2021AU$2.4tAU$901.0bAU$70.4b18.4x
Mon, 08 Mar 2021AU$2.3tAU$877.2bAU$41.9b20.3x
Thu, 10 Dec 2020AU$2.2tAU$887.6bAU$44.9b21.8x
Wed, 02 Sep 2020AU$2.0tAU$884.7bAU$48.4b21.1x
Sat, 06 Jun 2020AU$1.8tAU$927.8bAU$75.0b18.8x
Tue, 10 Mar 2020AU$2.0tAU$923.4bAU$92.2b17.7x
Mon, 02 Dec 2019AU$2.1tAU$922.1bAU$99.0b19.7x
Thu, 05 Sep 2019AU$2.0tAU$906.9bAU$98.6b18.4x
Sun, 09 Jun 2019AU$1.9tAU$894.3bAU$102.1b17.5x
Sat, 02 Mar 2019AU$1.9tAU$886.1bAU$105.1b16.8x
Tue, 04 Dec 2018AU$1.7tAU$872.2bAU$101.3b15.8x
PE Ratio

15.8x

Total Market Cap: AU$1.7tTotal Earnings: AU$101.3bTotal Revenue: AU$872.2b0%0%0%3 Year10 Year
201920202021

Current Market PE: Investors are relatively neutral on the market at the moment, considering it's trading close to its 3-year average PE ratio of 18.6x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for Australian listed companies have remained mostly flat over the last three years, while revenues have grown 3.9% 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 and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Australian Market?

Utilities1.57%
Materials1.27%
Real Estate0.74%
Consumer Staples-0.61%
Industrials-0.84%
Healthcare-1.27%
Telecom-2.54%
Consumer Discretionary-3.12%
Energy-3.47%
Financials-3.49%
Tech-5.64%

Sector PE: Investors are most optimistic about the Utilities sector which is trading above its 3-year average PE ratio of 22.5x. This is likely because analysts are expecting annual earnings growth of 28% which is higher than its past year's earnings decline of 13% per year. Meanwhile, investors are most pessimistic about the Real Estate sector, which is trading below its 3-year average of 15.4x.

Forecasted Growth: Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 42% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Real Estate industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuationSector
BHP BHP Group4.3%+AU$8.0b-1.8%PE12.1xMaterials
FMG Fortescue Metals Group11.1%+AU$5.3b-7.4%PE3.7xMaterials
TCL Transurban Group1.8%+AU$767.4m-2.0%PS14.8xIndustrials
APA APA Group5.5%+AU$589.9m-8.8%PE3089.7xUtilities
NIC Nickel Mines17.2%+AU$515.6m29.2%PE16.5xMaterials
See more
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

APT

AU$109.09

Afterpay

7D

-6.3%

1Y

15.2%

CSL

AU$312.00

CSL

7D

-1.1%

1Y

3.0%

XRO

AU$139.30

Xero

7D

-7.7%

1Y

4.1%

NVX

AU$10.68

Novonix

7D

9.3%

1Y

879.8%