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Australian (ASX) Industrials Sector Analysis

UpdatedOct 03, 2023
DataAggregated Company Financials
Companies157
  • 7D-1.0%
  • 3M-2.0%
  • 1Y10.8%
  • YTD6.7%

Over the last 7 days, the Industrials industry has dropped 1.0%, driven by a pullback from Transurban Group of 2.2%. Over the past 12 months, the industry was up 11%. Earnings are forecast to grow by 18% annually.

Sector Valuation and Performance

Has the Australian Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Oct 2023AU$177.2bAU$118.6bAU$4.8b16.6x36.6x1.5x
Thu, 31 Aug 2023AU$184.4bAU$117.6bAU$4.1b18.3x45.5x1.6x
Sat, 29 Jul 2023AU$184.2bAU$111.3bAU$3.6b19.3x51.6x1.7x
Mon, 26 Jun 2023AU$174.8bAU$110.0bAU$3.5b18.4x49.9x1.6x
Wed, 24 May 2023AU$177.7bAU$110.1bAU$3.5b18.5x50.6x1.6x
Fri, 21 Apr 2023AU$175.7bAU$109.8bAU$3.5b18x50.4x1.6x
Sun, 19 Mar 2023AU$159.5bAU$98.8bAU$3.5b16.9x45.1x1.6x
Tue, 14 Feb 2023AU$147.4bAU$88.3bAU$3.7b20x39.6x1.7x
Thu, 12 Jan 2023AU$141.8bAU$87.4bAU$3.7b18.7x38.3x1.6x
Sat, 10 Dec 2022AU$143.7bAU$87.6bAU$3.7b17.9x38.6x1.6x
Mon, 07 Nov 2022AU$141.6bAU$87.9bAU$3.7b17.8x38.3x1.6x
Wed, 05 Oct 2022AU$137.3bAU$87.7bAU$3.7b17x37.2x1.6x
Fri, 02 Sep 2022AU$145.1bAU$87.2bAU$3.8b19.4x38.3x1.7x
Sun, 31 Jul 2022AU$145.8bAU$80.7bAU$4.3b18.7x33.6x1.8x
Tue, 28 Jun 2022AU$139.9bAU$80.7bAU$4.3b16.7x32.3x1.7x
Thu, 26 May 2022AU$151.8bAU$90.2bAU$4.7b17.4x32.2x1.7x
Sat, 23 Apr 2022AU$155.6bAU$89.8bAU$4.7b19.1x33.3x1.7x
Mon, 21 Mar 2022AU$178.1bAU$91.5bAU$4.6b18.7x39.1x1.9x
Wed, 16 Feb 2022AU$168.2bAU$81.1bAU$2.4b19.3x71x2.1x
Fri, 14 Jan 2022AU$179.0bAU$79.6bAU$651.4m19.7x274.7x2.2x
Sun, 12 Dec 2021AU$179.3bAU$79.0bAU$697.0m19.3x257.3x2.3x
Tue, 09 Nov 2021AU$179.6bAU$78.6bAU$663.1m20.2x270.8x2.3x
Thu, 07 Oct 2021AU$177.0bAU$77.7bAU$709.1m19.7x249.6x2.3x
Sat, 04 Sep 2021AU$170.3bAU$75.9bAU$758.1m18.8x224.6x2.2x
Mon, 02 Aug 2021AU$169.9bAU$75.9bAU$758.1m17.9x224.1x2.2x
Thu, 06 May 2021AU$156.9bAU$73.6bAU$46.7m17x3358.4x2.1x
Sun, 07 Feb 2021AU$149.6bAU$74.1b-AU$856,583,175.9017.2x-174.6x2x
Sat, 31 Oct 2020AU$138.3bAU$79.7bAU$635.4m16.9x217.6x1.7x
Price to Earnings Ratio

222.8x


Total Market Cap: AU$141.5bTotal Earnings: AU$635.0mTotal Revenue: AU$79.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Industrials Sector Price to Earnings3Y Average 363x202120222023
Current Industry PE
  • Investors are pessimistic on the Australian Industrials 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 36.6x which is lower than its 3-year average PE of 363x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 97% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Industrials sector?

AU Market-0.62%
Industrials-1.03%
Building3.44%
Aerospace & Defense1.52%
Logistics1.51%
Trade Distributors0.77%
Construction0.59%
Industrials0%
Marine and Shipping0%
Electrical-0.89%
Commercial Services-1.19%
Airlines-1.60%
Professional Services-1.65%
Transportation-1.90%
Infrastructure-2.15%
Machinery-3.33%
Industry PE
  • Investors are most optimistic about the Infrastructure industry even though it's trading below its 3-year average PE ratio of 230x.
    • Analysts are expecting annual earnings growth of 27.0%, which is lower than the prior year's growth of 98.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings growth rate of 6.9% per year.
  • In contrast, the Building industry is expected to see its earnings grow by 6.3% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
RWC Reliance WorldwideAU$3.844.3%
+AU$125.5m
10.0%PE13.7x
MAD Mader GroupAU$7.207.8%
+AU$104.0m
148.3%PE37.4x
AMA AMA GroupAU$0.0395.4%
+AU$21.1m
-81.9%PS0.08x
3DA Amaero InternationalAU$0.2225.7%
+AU$18.8m
129.2%PS116x
IPH IPHAU$7.21-0.3%
AU$15.8m
-27.3%PE26.8x
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Latest News

REH

AU$18.38

Reece

7D

-1.9%

1Y

27.3%

AMA

AU$0.039

AMA Group

7D

5.4%

1Y

-81.9%

QAN

AU$5.02

Qantas Airways

7D

-2.7%

1Y

-2.9%

CPU

AU$25.82

Computershare

7D

-2.0%

1Y

2.3%

MAD

AU$7.20

Mader Group

7D

7.8%

1Y

148.3%

3DA

AU$0.22

Amaero International

7D

25.7%

1Y

129.2%

WOR

AU$16.72

Worley

7D

-3.5%

1Y

27.2%

ASB

AU$1.82

Austal

7D

1.7%

1Y

-21.2%

TCL

AU$12.48

Transurban Group

7D

-2.8%

1Y

-2.1%

ALX

AU$5.41

Atlas Arteria

7D

-4.9%

1Y

-14.1%

AZJ

AU$3.44

Aurizon Holdings

7D

-2.5%

1Y

-2.0%

FLC

AU$0.16

Fluence

7D

10.3%

1Y

-17.9%