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Australian (ASX) Stock Market Analysis

UpdatedJan 23, 2022
DataAggregated Company Financials
Companies1814
  • 7D-2.8%
  • 3M-2.3%
  • 1Y5.8%
  • YTD-4.8%

Over the last 7 days, the market has dropped 2.8%, driven by declines in every sector, especially the Financials sector. Although the market is actually up 5.8% over the past year.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 23 Jan 2022AU$2.6tAU$976.4bAU$104.1b18.6x
Tue, 21 Dec 2021AU$2.6tAU$976.6bAU$104.3b18.7x
Thu, 18 Nov 2021AU$2.6tAU$972.6bAU$100.9b19.3x
Sat, 16 Oct 2021AU$2.6tAU$956.5bAU$94.9b19.8x
Mon, 13 Sep 2021AU$2.6tAU$952.7bAU$97.1b18.6x
Wed, 11 Aug 2021AU$2.6tAU$949.7bAU$96.9b18.2x
Sun, 06 Jun 2021AU$2.4tAU$901.0bAU$70.4b18.4x
Wed, 10 Mar 2021AU$2.3tAU$877.2bAU$41.9b20.3x
Tue, 01 Dec 2020AU$2.2tAU$887.6bAU$44.9b21.8x
Fri, 04 Sep 2020AU$2.0tAU$884.7bAU$48.4b21.1x
Mon, 08 Jun 2020AU$1.8tAU$927.8bAU$75.0b18.8x
Sun, 01 Mar 2020AU$2.0tAU$923.4bAU$92.2b17.7x
Wed, 04 Dec 2019AU$2.1tAU$922.1bAU$99.0b19.7x
Sat, 07 Sep 2019AU$2.0tAU$906.9bAU$98.6b18.4x
Fri, 31 May 2019AU$1.9tAU$894.3bAU$102.1b17.5x
Mon, 04 Mar 2019AU$1.9tAU$886.1bAU$105.1b16.8x
PE Ratio

16x

Total Market Cap: AU$1.8tTotal Earnings: AU$105.1bTotal Revenue: AU$886.0b0%0%0%3 Year10 Year
202020212022

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 18.7x. 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 3.3% 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 and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Australian Market?

Energy-0.88%
Consumer Staples-1.25%
Utilities-1.76%
Materials-1.97%
Consumer Discretionary-2.50%
Real Estate-2.88%
Industrials-3.03%
Tech-3.28%
Financials-3.44%
Telecom-3.93%
Healthcare-4.16%

Sector PE: Investors are most optimistic about the Utilities sector which is trading above its 3-year average PE ratio of 24.7x. This is likely because analysts are expecting annual earnings growth of 35% 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 40% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Real Estate sector is expected to see its earnings grow by 2.3% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
NST Northern Star ResourcesAU$9.835.7%
+AU$617.2m
-26.8%PE11.1xMaterials
NCM Newcrest MiningAU$25.262.2%
+AU$448.8m
-5.6%PE12.8xMaterials
BRN BrainChip HoldingsAU$1.7617.0%
+AU$437.3m
190.1%PS2479.4xTech
WPL Woodside PetroleumAU$25.191.5%
+AU$406.4m
-5.2%PE49.5xEnergy
JBH JB Hi-FiAU$47.755.8%
+AU$303.0m
-6.4%PE10.9xConsumer Discretionary
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BHP

AU$45.70

BHP Group

7D

-2.1%

1Y

-0.9%

REH

AU$22.06

Reece

7D

-9.1%

1Y

31.4%

88E

AU$0.042

88 Energy

7D

44.8%

1Y

320.0%