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Australian (ASX) Energy Services Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies6
  • 7D-4.3%
  • 3M-10.7%
  • 1Y-27.2%
  • YTD-18.7%

Over the last 7 days, the Energy Services industry has dropped 4.3%, driven by a pullback from Worley of 2.4%. Meanwhile, TEK-Ocean Group actually outperformed within the industry, gaining 15% in the last week. However, the industry is down 27% over the past year.

Industry Valuation and Performance

Has the Australian Energy Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021AU$5.1bAU$9.8bAU$52.5m55.6x
Thu, 28 Oct 2021AU$6.3bAU$9.9bAU$61.5m69.3x
Sat, 25 Sep 2021AU$5.5bAU$9.9bAU$61.0m55.6x
Mon, 23 Aug 2021AU$6.0bAU$9.9bAU$89.4m54.8x
Sat, 10 Jul 2021AU$6.5bAU$9.9bAU$89.4m63x
Fri, 02 Apr 2021AU$5.7bAU$10.6bAU$45.9m37.2x
Mon, 04 Jan 2021AU$6.2bAU$11.4b-AU$64,833,139.2753.9x
Thu, 08 Oct 2020AU$5.2bAU$12.4b-AU$29,204,434.6337.9x
Wed, 01 Jul 2020AU$4.6bAU$13.5bAU$6.8m64.7x
Sat, 04 Apr 2020AU$3.3bAU$12.5bAU$85.2m13.8x
Tue, 07 Jan 2020AU$8.2bAU$11.6bAU$160.1m25.7x
Mon, 30 Sep 2019AU$7.0bAU$9.4bAU$134.5m24.9x
Thu, 04 Jul 2019AU$7.9bAU$7.3bAU$109.5m29.2x
Sun, 07 Apr 2019AU$6.7bAU$6.3bAU$100.2m26.1x
Wed, 09 Jan 2019AU$5.5bAU$5.4bAU$90.9m22.6x
PE Ratio

34x

Total Market Cap: AU$6.3bTotal Earnings: AU$56.8mTotal Revenue: AU$5.3b0%0%0%3 Year10 Year
201920202021

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.

Industry Trends

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.

Top Stock Gainers and Losers

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

Company7D1YValuation
T3K TEK-Ocean Group14.5%+AU$1.7mn/an/a
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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WOR

AU$9.54

Worley

7D

-2.4%

1Y

-26.6%