Has the Australian Energy Services Industry valuation changed over the past few years?
|Tue, 30 Nov 2021||AU$5.1b||AU$9.8b||AU$52.5m||55.6x|
|Thu, 28 Oct 2021||AU$6.3b||AU$9.9b||AU$61.5m||69.3x|
|Sat, 25 Sep 2021||AU$5.5b||AU$9.9b||AU$61.0m||55.6x|
|Mon, 23 Aug 2021||AU$6.0b||AU$9.9b||AU$89.4m||54.8x|
|Sat, 10 Jul 2021||AU$6.5b||AU$9.9b||AU$89.4m||63x|
|Fri, 02 Apr 2021||AU$5.7b||AU$10.6b||AU$45.9m||37.2x|
|Mon, 04 Jan 2021||AU$6.2b||AU$11.4b||-AU$64,833,139.27||53.9x|
|Thu, 08 Oct 2020||AU$5.2b||AU$12.4b||-AU$29,204,434.63||37.9x|
|Wed, 01 Jul 2020||AU$4.6b||AU$13.5b||AU$6.8m||64.7x|
|Sat, 04 Apr 2020||AU$3.3b||AU$12.5b||AU$85.2m||13.8x|
|Tue, 07 Jan 2020||AU$8.2b||AU$11.6b||AU$160.1m||25.7x|
|Mon, 30 Sep 2019||AU$7.0b||AU$9.4b||AU$134.5m||24.9x|
|Thu, 04 Jul 2019||AU$7.9b||AU$7.3b||AU$109.5m||29.2x|
|Sun, 07 Apr 2019||AU$6.7b||AU$6.3b||AU$100.2m||26.1x|
|Wed, 09 Jan 2019||AU$5.5b||AU$5.4b||AU$90.9m||22.6x|
Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Energy Services industry have declined 2.6% per year over the last three years, while revenues for these companies have grown 23% 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.
Which industries have driven the changes within the Australian Energy Services industry?
|Oil and Gas Services||-4.28%|
|Oil and Gas Drilling||-4.76%|
Industry PE: Investors are most optimistic about the Oil and Gas Services industry which is trading above its 3-year average PE ratio of 38.2x. This is likely because analysts are expecting annual earnings growth of 25%, which is higher than its past year's earnings decline of 50% per year.
Forecasted Growth: Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 25% over the next 5 years. This is better than its past earnings decline of 50% per year.
Which companies have driven the market over the last 7 days?
|T3K TEK-Ocean Group||14.5%+AU$1.7m||n/a||n/a|