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Australian (ASX) Energy Services Industry Analysis

UpdatedNov 30, 2022
DataAggregated Company Financials
Companies5
  • 7D-2.0%
  • 3M2.8%
  • 1Y54.2%
  • YTD32.4%

Over the last 7 days, the Energy Services industry has dropped 2.0%, driven by a pullback from Worley of 0.7%. In the past year, the industry has gained 54%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022AU$8.0bAU$10.0bAU$203.0m8x39.3x0.8x
Fri, 28 Oct 2022AU$7.7bAU$10.0bAU$203.0m7.6x37.8x0.8x
Sun, 25 Sep 2022AU$7.3bAU$10.0bAU$200.7m9x36.3x0.7x
Tue, 23 Aug 2022AU$7.7bAU$9.6bAU$99.8m30.5x77.5x0.8x
Thu, 21 Jul 2022AU$7.5bAU$9.6bAU$99.8m30.1x75.1x0.8x
Sat, 18 Jun 2022AU$7.5bAU$9.6bAU$99.8m30.1x75.1x0.8x
Mon, 16 May 2022AU$7.5bAU$9.6bAU$99.8m29.4x75.2x0.8x
Wed, 13 Apr 2022AU$7.6bAU$9.6bAU$99.8m29.7x75.7x0.8x
Fri, 11 Mar 2022AU$6.9bAU$9.6bAU$89.7m46.5x77.3x0.7x
Sun, 06 Feb 2022AU$6.4bAU$9.8bAU$51.6m69.3x124.8x0.7x
Tue, 04 Jan 2022AU$5.8bAU$9.8bAU$52.6m59.9x110.4x0.6x
Thu, 02 Dec 2021AU$5.2bAU$9.8bAU$52.5m56.1x99.2x0.5x
Sat, 30 Oct 2021AU$6.0bAU$9.9bAU$61.5m64.5x97.3x0.6x
Mon, 27 Sep 2021AU$5.5bAU$9.9bAU$61.0m55.6x89.7x0.6x
Wed, 25 Aug 2021AU$6.0bAU$9.9bAU$89.4m54.8x67.3x0.6x
Thu, 01 Jul 2021AU$6.5bAU$9.9bAU$89.4m63x72.6x0.7x
Sun, 04 Apr 2021AU$5.7bAU$10.6bAU$45.9m37.2x124.2x0.5x
Wed, 06 Jan 2021AU$6.2bAU$11.4b-AU$64,833,139.2753.9x-96.1x0.5x
Sat, 10 Oct 2020AU$5.2bAU$12.4b-AU$29,204,434.6337.9x-176.6x0.4x
Fri, 03 Jul 2020AU$4.6bAU$13.5bAU$6.8m64.7x681x0.3x
Mon, 06 Apr 2020AU$3.3bAU$12.5bAU$85.2m13.8x38.9x0.3x
Thu, 09 Jan 2020AU$8.2bAU$11.6bAU$160.1m25.7x51.3x0.7x
Price to Earnings Ratio

60x


Total Market Cap: AU$8.1bTotal Earnings: AU$134.5mTotal Revenue: AU$9.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Energy Services Industry Price to Earnings3Y Average 91.4x202020212022
Current Industry PE
  • Investors are pessimistic on the Australian Energy Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 39.3x which is lower than its 3-year average PE of 91.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
  • The earnings for companies in the Energy Services industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 2.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Energy industry?

AU Market0.20%
Energy-3.32%
Energy Services-1.96%
Oil and Gas Drilling7.69%
Oil and Gas Services-1.98%
Industry PE
  • Investors are most optimistic about the Oil and Gas Services industry even though it's trading below its 3-year average PE ratio of 74.0x.
    • Analysts are expecting annual earnings growth of 14.7%, which is lower than the prior year's growth of 693.7% per year.
  • Investors are most pessimistic about the Oil and Gas Drilling industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 15% over the next 5 years.
  • In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MRM MMA OffshoreAU$0.751.4%
+AU$3.7m
105.5%PE8.3x
MCE Matrix Composites & EngineeringAU$0.232.3%
+AU$730.4k
40.6%PS1.1x
SHE Stonehorse EnergyAU$0.0147.7%
+AU$684.5k
-30.0%PE2.7x
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