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Australian (ASX) Market Analysis & Valuation

UpdatedAug 19, 2022
DataAggregated Company Financials
Companies1860
  • 7D0.8%
  • 3M-2.1%
  • 1Y-4.9%
  • YTD-8.1%

Over the last 7 days, the market has remained flat, although notably the Consumer Staples sector gained 3.2% in that time. Unfortunately though, the market is down 4.9% over the past year. Earnings are forecast to grow by 6.2% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Aug 2022AU$2.4tAU$1.0tAU$134.2b15.3x18x2.3x
Mon, 18 Jul 2022AU$2.3tAU$1.0tAU$133.5b14.7x16.9x2.2x
Wed, 15 Jun 2022AU$2.3tAU$1.0tAU$133.8b15x17x2.2x
Fri, 13 May 2022AU$2.4tAU$1.0tAU$133.9b16.3x18.2x2.3x
Sun, 10 Apr 2022AU$2.6tAU$1.0tAU$128.9b17.5x20.1x2.5x
Tue, 08 Mar 2022AU$2.5tAU$1.0tAU$130.0b18x19.3x2.4x
Thu, 03 Feb 2022AU$2.5tAU$979.9bAU$104.9b18.4x24.2x2.6x
Sat, 01 Jan 2022AU$2.6tAU$974.2bAU$103.8b19.4x25.5x2.7x
Mon, 29 Nov 2021AU$2.6tAU$979.1bAU$102.4b18.7x25x2.6x
Wed, 27 Oct 2021AU$2.6tAU$954.5bAU$94.3b19.8x27.6x2.7x
Fri, 24 Sep 2021AU$2.6tAU$960.6bAU$97.8b19x26.2x2.7x
Sun, 22 Aug 2021AU$2.6tAU$949.7bAU$96.9b18.3x26.5x2.7x
Fri, 09 Jul 2021AU$2.5tAU$945.8bAU$96.5b17.7x25.9x2.6x
Thu, 01 Apr 2021AU$2.3tAU$897.3bAU$70.2b17.1x32.7x2.6x
Sun, 03 Jan 2021AU$2.2tAU$874.5bAU$41.6b19.4x53.2x2.5x
Wed, 07 Oct 2020AU$1.9tAU$870.7bAU$44.4b19.7x43.4x2.2x
Tue, 30 Jun 2020AU$1.9tAU$884.9bAU$47.9b19.8x39.2x2.1x
Fri, 03 Apr 2020AU$1.6tAU$930.2bAU$75.2b15.7x20.6x1.7x
Mon, 06 Jan 2020AU$2.1tAU$923.1bAU$92.4b19.4x22.4x2.2x
Thu, 10 Oct 2019AU$2.1tAU$921.3bAU$99.4b19.3x20.7x2.2x
Price to Earnings Ratio

20.5x


Total Market Cap: AU$2.0tTotal Earnings: AU$98.6bTotal Revenue: AU$906.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Market Price to Earnings3Y Average 29.3x202020212022
Current Market PE
  • Investors are pessimistic on the Australian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 18.0x which is lower than its 3-year average PE of 29.3x.
Past Earnings Growth
  • The earnings for Australian listed companies have grown 11% per year over the last three years.
  • Revenues for these companies have grown 4.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Australian Market?

AU Market0.85%
Consumer Staples3.21%
Materials1.68%
Industrials1.68%
Real Estate1.21%
Consumer Discretionary1.20%
Healthcare1.10%
Telecom0.26%
Tech0.033%
Financials0.027%
Energy-1.02%
Utilities-1.10%
Sector PE
  • Investors are most optimistic about the Telecom sector which is trading above its 3-year average PE ratio of 28.2x.
  • This is likely because analysts are expecting annual earnings growth of 14% which is higher than its past year's earnings decline of 11% per year.
  • Investors are most pessimistic about the Real Estate sector, which is trading below its 3-year average of 14.5x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Consumer Staples sector is expected to see its earnings decline by 16% 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
BHP BHP GroupAU$41.557.0%
+AU$13.9b
-6.3%PE9.3xMaterials
BXB BramblesAU$12.9712.4%
+AU$2.0b
5.0%PE21.9xIndustrials
WES WesfarmersAU$48.923.6%
+AU$1.9b
-25.9%PE25.2xConsumer Discretionary
CAR carsales.comAU$22.001.6%
+AU$1.6b
-12.0%PE48xTelecom
WOW Woolworths GroupAU$39.343.4%
+AU$1.6b
-6.3%PE33.8xConsumer Staples
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TPG

AU$5.80

TPG Telecom

7D

-12.5%

1Y

-11.9%

TLS

AU$4.12

Telstra

7D

3.0%

1Y

2.5%