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Australian (ASX) Industrials Sector Analysis

UpdatedJan 29, 2026
DataAggregated Company Financials
Companies125
  • 7D0.4%
  • 3M-0.6%
  • 1Y9.4%
  • YTD0.9%

The Industrials industry has been flat over the last week, but DroneShield has lost 8.6%. As for the the longer term, the industry is up 9.4% over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Jan 2026AU$246.6bAU$144.1bAU$8.0b20.9x30.8x1.7x
Sat, 27 Dec 2025AU$245.0bAU$144.9bAU$8.1b21x30.2x1.7x
Mon, 24 Nov 2025AU$236.0bAU$145.6bAU$8.2b20.1x28.7x1.6x
Wed, 22 Oct 2025AU$251.8bAU$146.3bAU$8.2b20.1x30.7x1.7x
Fri, 19 Sep 2025AU$243.2bAU$145.8bAU$8.2b20.9x29.7x1.7x
Sun, 17 Aug 2025AU$244.1bAU$144.5bAU$8.1b18.2x30x1.7x
Tue, 15 Jul 2025AU$234.4bAU$144.5bAU$8.4b17.7x27.9x1.6x
Thu, 12 Jun 2025AU$236.4bAU$144.9bAU$8.4b17.1x28x1.6x
Sat, 10 May 2025AU$229.0bAU$144.9bAU$8.2b16.8x27.8x1.6x
Mon, 07 Apr 2025AU$213.4bAU$147.2bAU$8.5b15.8x25.2x1.4x
Wed, 05 Mar 2025AU$228.6bAU$146.6bAU$8.4b16.8x27.2x1.6x
Fri, 31 Jan 2025AU$214.2bAU$121.7bAU$6.7b19.5x32x1.8x
Sun, 29 Dec 2024AU$210.2bAU$122.6bAU$6.7b18.7x31.3x1.7x
Tue, 26 Nov 2024AU$211.0bAU$121.1bAU$6.6b19.8x32.1x1.7x
Thu, 24 Oct 2024AU$203.9bAU$120.2bAU$6.5b20.2x31.3x1.7x
Sat, 21 Sep 2024AU$207.6bAU$123.1bAU$6.3b19.2x33x1.7x
Mon, 19 Aug 2024AU$202.5bAU$120.6bAU$5.5b18x36.6x1.7x
Wed, 17 Jul 2024AU$194.9bAU$120.6bAU$5.4b18x36.2x1.6x
Fri, 14 Jun 2024AU$192.8bAU$120.9bAU$5.4b17.9x35.8x1.6x
Sun, 12 May 2024AU$196.1bAU$122.0bAU$5.8b18.3x33.7x1.6x
Tue, 09 Apr 2024AU$199.2bAU$122.1bAU$5.9b18.3x34x1.6x
Thu, 07 Mar 2024AU$198.1bAU$122.3bAU$5.9b17x33.6x1.6x
Sat, 03 Feb 2024AU$187.8bAU$118.2bAU$4.8b18.5x39.2x1.6x
Mon, 01 Jan 2024AU$189.0bAU$117.7bAU$4.7b18.6x40.1x1.6x
Wed, 29 Nov 2023AU$175.5bAU$118.2bAU$4.8b16.6x36.7x1.5x
Fri, 27 Oct 2023AU$168.3bAU$118.9bAU$4.9b16.8x34.5x1.4x
Sun, 24 Sep 2023AU$178.1bAU$118.5bAU$4.8b17.2x36.9x1.5x
Tue, 22 Aug 2023AU$179.9bAU$114.0bAU$3.9b17.7x45.5x1.6x
Thu, 20 Jul 2023AU$181.1bAU$111.0bAU$3.5b18.6x51.2x1.6x
Sat, 17 Jun 2023AU$178.1bAU$109.5bAU$3.5b18.4x51.5x1.6x
Mon, 15 May 2023AU$178.6bAU$110.1bAU$3.5b17.9x50.9x1.6x
Wed, 12 Apr 2023AU$174.3bAU$110.0bAU$3.5b17.9x49.8x1.6x
Fri, 10 Mar 2023AU$148.9bAU$94.0bAU$3.5b17.5x42.4x1.6x
Sun, 05 Feb 2023AU$150.6bAU$87.3bAU$3.7b19.9x40.7x1.7x
Price to Earnings Ratio

40.7x


Total Market Cap: AU$150.6bTotal Earnings: AU$3.7bTotal Revenue: AU$87.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Industrials Sector Price to Earnings3Y Average 35.5x202420252026
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 30.8x which is lower than its 3-year average PE of 35.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 29% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Market1.54%
Industrials0.45%
Machinery6.65%
Building3.46%
Logistics1.62%
Trade Distributors1.28%
Commercial Services0.87%
Professional Services0.80%
Construction0.61%
Transportation0.36%
Infrastructure0.21%
Industrials0.095%
Electrical-0.28%
Airlines-1.14%
Aerospace & Defense-6.04%
Industry PE
  • Investors are most optimistic about the Aerospace & Defense industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 62.5%, which is lower than the prior year's growth of 239.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 63% over the next 5 years.
  • However this is lower than its past earnings growth rate of 239% per year.
  • In contrast, the Airlines industry is expected to see its earnings grow by 7.4% 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
BXB BramblesAU$22.911.8%
+AU$543.2m		17.4%PE25.2x
SGH SGHAU$47.012.3%
+AU$426.6m		-2.0%PE39.3x
SLX Silex SystemsAU$7.6814.3%
+AU$266.9m		29.3%PS156.1x
WOR WorleyAU$13.192.4%
+AU$157.0m		-8.9%PE16.3x
CPU ComputershareAU$34.340.8%
+AU$150.4m		-1.0%PE23x

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QAN
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7D
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1Y
9.5%

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BXB
AU$22.91
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7D
1.8%
1Y
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SGH
AU$47.01
SGH
7D
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1Y
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CPU
AU$34.34
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7D
0.8%
1Y
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DRO
AU$3.95
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7D
-8.6%
1Y
517.2%

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REH
AU$13.83
Reece
7D
-0.7%
1Y
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VNT
AU$5.89
Ventia Services Group
7D
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1Y
53.8%

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ASB
AU$7.52
Austal
7D
-5.5%
1Y
106.6%

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MND
AU$30.54
Monadelphous Group
7D
3.3%
1Y
97.7%

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DOW
AU$7.92
Downer EDI
7D
-2.0%
1Y
41.2%

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MAD
AU$8.04
Mader Group
7D
-6.2%
1Y
31.4%
VGN
AU$3.20
Virgin Australia Holdings
7D
-3.0%
1Y
n/a
RWC
AU$3.84
Reliance Worldwide
7D
4.1%
1Y
-29.4%
ALQ
AU$24.26
ALS
7D
0.9%
1Y
50.9%

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WOR
AU$13.19
Worley
7D
2.4%
1Y
-8.9%

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SLX
AU$7.68
Silex Systems
7D
14.3%
1Y
29.3%