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Australian (ASX) Industrials Sector Analysis
UpdatedDec 01, 2021
DataAggregated Company Financials
Companies151
- 7D-2.0%
- 3M-2.6%
- 1Y4.9%
- YTD6.0%
Over the last 7 days, the Industrials industry has dropped 2.0%, driven by declines in Transurban Group and Brambles of 2.1% and 5.0%, respectively. Meanwhile, MAAS Group Holdings actually outperformed within the industry, gaining 25% in the last week. This takes the industry's 12 month performance to a gain of 4.9%.
Sector Valuation and Performance
Has the Australian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 01 Dec 2021 | AU$175.8b | AU$79.1b | AU$701.2m | 12.6x |
| Fri, 29 Oct 2021 | AU$174.5b | AU$77.7b | AU$578.3m | 20.3x |
| Sun, 26 Sep 2021 | AU$167.9b | AU$76.6b | AU$709.6m | 19.2x |
| Tue, 24 Aug 2021 | AU$170.9b | AU$75.9b | AU$758.1m | 17.8x |
| Wed, 30 Jun 2021 | AU$161.4b | AU$74.4b | AU$723.6m | 17.9x |
| Sat, 03 Apr 2021 | AU$148.3b | AU$73.5b | AU$44.8m | 16.3x |
| Tue, 05 Jan 2021 | AU$153.1b | AU$74.1b | -AU$856,962,675.90 | 17.2x |
| Fri, 09 Oct 2020 | AU$141.5b | AU$79.7b | AU$635.0m | 16.7x |
| Thu, 02 Jul 2020 | AU$131.4b | AU$87.1b | -AU$1,682,558,132.18 | 16.5x |
| Sun, 05 Apr 2020 | AU$110.2b | AU$91.4b | AU$366.8m | 15.7x |
| Wed, 08 Jan 2020 | AU$153.3b | AU$94.2b | AU$2.0b | 22.9x |
| Tue, 01 Oct 2019 | AU$149.4b | AU$96.5b | AU$4.4b | 21.1x |
| Fri, 05 Jul 2019 | AU$150.4b | AU$95.2b | AU$4.4b | 19.4x |
| Mon, 08 Apr 2019 | AU$142.4b | AU$92.5b | AU$4.5b | 18.5x |
| Thu, 10 Jan 2019 | AU$128.8b | AU$90.5b | AU$4.7b | 17.3x |
PE Ratio
16.2x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 12.6x which is lower than its 3-year average PE of 18.5x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Industrials industry have declined 48% per year over the last three years, and revenues have also declined 3.5% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Industrials sector?
| Construction | 2.12% | |
| Industrials | 0.61% | |
| Trade Distributors | 0.29% | |
| Airlines | -0.78% | |
| Logistics | -0.92% | |
| Professional Services | -1.22% | |
| Infrastructure | -2.31% | |
| Machinery | -2.83% | |
| Transportation | -3.45% | |
| Commercial Services | -4.11% | |
| Aerospace & Defense | -4.49% | |
| Building | -4.53% | |
| Electrical | -5.46% | |
Industry PE: Investors are most optimistic about the Transportation industry which is trading above its 3-year average PE ratio of 20.7x. This is likely because analysts are expecting annual earnings growth of 4.7%, which is higher than its past year's earnings decline of 48% per year. Meanwhile, investors are most pessimistic about the Industrials industry, which is trading below its 3-year average of 28.4x.
Forecasted Growth: Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 56% over the next 5 years. This is better than it's past earnings growth rate of 2.7% per year. Meanwhile, the Transportation industry is expected to see its earnings grow by 4.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| MGH MAAS Group Holdings | 24.9%+AU$326.9m | n/a | n/a | |
| REH Reece | 1.8%+AU$271.3m | 69.3% | n/a | |
| JLG Johns Lyng Group | 3.6%+AU$58.9m | 152.5% | n/a | |
| NWH NRW Holdings | 6.4%+AU$47.9m | -35.6% | n/a | |
| OBL Omni Bridgeway | 4.5%+AU$37.1m | -23.9% | n/a |
