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Sep 28
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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Oct 2023 | AU$177.2b | AU$118.6b | AU$4.8b | 16.6x | 36.6x | 1.5x |
| Thu, 31 Aug 2023 | AU$184.4b | AU$117.6b | AU$4.1b | 18.3x | 45.5x | 1.6x |
| Sat, 29 Jul 2023 | AU$184.2b | AU$111.3b | AU$3.6b | 19.3x | 51.6x | 1.7x |
| Mon, 26 Jun 2023 | AU$174.8b | AU$110.0b | AU$3.5b | 18.4x | 49.9x | 1.6x |
| Wed, 24 May 2023 | AU$177.7b | AU$110.1b | AU$3.5b | 18.5x | 50.6x | 1.6x |
| Fri, 21 Apr 2023 | AU$175.7b | AU$109.8b | AU$3.5b | 18x | 50.4x | 1.6x |
| Sun, 19 Mar 2023 | AU$159.5b | AU$98.8b | AU$3.5b | 16.9x | 45.1x | 1.6x |
| Tue, 14 Feb 2023 | AU$147.4b | AU$88.3b | AU$3.7b | 20x | 39.6x | 1.7x |
| Thu, 12 Jan 2023 | AU$141.8b | AU$87.4b | AU$3.7b | 18.7x | 38.3x | 1.6x |
| Sat, 10 Dec 2022 | AU$143.7b | AU$87.6b | AU$3.7b | 17.9x | 38.6x | 1.6x |
| Mon, 07 Nov 2022 | AU$141.6b | AU$87.9b | AU$3.7b | 17.8x | 38.3x | 1.6x |
| Wed, 05 Oct 2022 | AU$137.3b | AU$87.7b | AU$3.7b | 17x | 37.2x | 1.6x |
| Fri, 02 Sep 2022 | AU$145.1b | AU$87.2b | AU$3.8b | 19.4x | 38.3x | 1.7x |
| Sun, 31 Jul 2022 | AU$145.8b | AU$80.7b | AU$4.3b | 18.7x | 33.6x | 1.8x |
| Tue, 28 Jun 2022 | AU$139.9b | AU$80.7b | AU$4.3b | 16.7x | 32.3x | 1.7x |
| Thu, 26 May 2022 | AU$151.8b | AU$90.2b | AU$4.7b | 17.4x | 32.2x | 1.7x |
| Sat, 23 Apr 2022 | AU$155.6b | AU$89.8b | AU$4.7b | 19.1x | 33.3x | 1.7x |
| Mon, 21 Mar 2022 | AU$178.1b | AU$91.5b | AU$4.6b | 18.7x | 39.1x | 1.9x |
| Wed, 16 Feb 2022 | AU$168.2b | AU$81.1b | AU$2.4b | 19.3x | 71x | 2.1x |
| Fri, 14 Jan 2022 | AU$179.0b | AU$79.6b | AU$651.4m | 19.7x | 274.7x | 2.2x |
| Sun, 12 Dec 2021 | AU$179.3b | AU$79.0b | AU$697.0m | 19.3x | 257.3x | 2.3x |
| Tue, 09 Nov 2021 | AU$179.6b | AU$78.6b | AU$663.1m | 20.2x | 270.8x | 2.3x |
| Thu, 07 Oct 2021 | AU$177.0b | AU$77.7b | AU$709.1m | 19.7x | 249.6x | 2.3x |
| Sat, 04 Sep 2021 | AU$170.3b | AU$75.9b | AU$758.1m | 18.8x | 224.6x | 2.2x |
| Mon, 02 Aug 2021 | AU$169.9b | AU$75.9b | AU$758.1m | 17.9x | 224.1x | 2.2x |
| Thu, 06 May 2021 | AU$156.9b | AU$73.6b | AU$46.7m | 17x | 3358.4x | 2.1x |
| Sun, 07 Feb 2021 | AU$149.6b | AU$74.1b | -AU$856,583,175.90 | 17.2x | -174.6x | 2x |
| Sat, 31 Oct 2020 | AU$138.3b | AU$79.7b | AU$635.4m | 16.9x | 217.6x | 1.7x |
Price to Earnings Ratio
222.8x
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% | |
| Building | 3.44% | |
| Aerospace & Defense | 1.52% | |
| Logistics | 1.51% | |
| Trade Distributors | 0.77% | |
| Construction | 0.59% | |
| Industrials | 0% | |
| Marine and Shipping | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RWC Reliance Worldwide | AU$3.84 | 4.3% +AU$125.5m | 10.0% | PE13.7x | |
| MAD Mader Group | AU$7.20 | 7.8% +AU$104.0m | 148.3% | PE37.4x | |
| AMA AMA Group | AU$0.039 | 5.4% +AU$21.1m | -81.9% | PS0.08x | |
| 3DA Amaero International | AU$0.22 | 25.7% +AU$18.8m | 129.2% | PS116x | |
| IPH IPH | AU$7.21 | -0.3% AU$15.8m | -27.3% | PE26.8x |
