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Australian (ASX) Aerospace & Defense Industry Analysis

UpdatedJan 25, 2026
DataAggregated Company Financials
Companies5
  • 7D-3.0%
  • 3M13.7%
  • 1Y301.3%
  • YTD18.8%

Over the last 7 days, the Aerospace & Defense industry has dropped 3.0%, driven by Austal declining 12%. Over the past 12 months, the industry was up 301%. Earnings are forecast to grow by 59% annually.

Industry Valuation and Performance

Has the Australian Aerospace & Defense Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 25 Jan 2026AU$9.3bAU$2.1bAU$21.8m382.1x428.9x4.4x
Tue, 23 Dec 2025AU$7.2bAU$2.1bAU$21.8m259.7x332.5x3.4x
Thu, 20 Nov 2025AU$5.5bAU$2.1bAU$21.8m174.3x250.8x2.6x
Sat, 18 Oct 2025AU$7.9bAU$2.1bAU$21.8m373.6x363.6x3.8x
Mon, 15 Sep 2025AU$7.8bAU$2.1bAU$21.8m269.3x356.1x3.7x
Wed, 13 Aug 2025AU$7.6bAU$1.9b-AU$3,583,849.0055.2x-2122.3x4.1x
Fri, 11 Jul 2025AU$5.4bAU$1.9b-AU$3,583,849.0022.5x-1508.3x2.9x
Sun, 08 Jun 2025AU$4.3bAU$1.9b-AU$3,583,849.0019.8x-1190x2.3x
Tue, 06 May 2025AU$3.6bAU$1.9b-AU$3,583,849.0018.2x-995.8x1.9x
Thu, 03 Apr 2025AU$2.8bAU$2.0b-AU$4,418,849.0018.1x-639.8x1.4x
Sat, 01 Mar 2025AU$2.5bAU$2.0b-AU$5,157,849.0055x-484.3x1.3x
Mon, 27 Jan 2025AU$2.1bAU$2.0bAU$5.4m84.9x392.9x1.1x
Wed, 25 Dec 2024AU$2.0bAU$2.0bAU$5.4m75x363.2x1x
Fri, 22 Nov 2024AU$2.0bAU$2.0bAU$5.4m84.7x371x1x
Sun, 20 Oct 2024AU$2.4bAU$2.0bAU$5.4m120.3x438x1.2x
Tue, 17 Sep 2024AU$2.3bAU$2.0bAU$5.4m134.9x418.7x1.2x
Thu, 15 Aug 2024AU$2.3bAU$2.0b-AU$34,022,485.00109.3x-66.7x1.2x
Sat, 13 Jul 2024AU$3.1bAU$2.0b-AU$34,022,485.00166.1x-90x1.6x
Mon, 10 Jun 2024AU$2.1bAU$2.0b-AU$34,022,485.00100.5x-61.4x1.1x
Wed, 08 May 2024AU$1.9bAU$2.0b-AU$34,022,485.0067.2x-55.1x1x
Fri, 05 Apr 2024AU$1.7bAU$2.0b-AU$34,022,485.0051.8x-49.2x0.8x
Sun, 03 Mar 2024AU$1.5bAU$2.0b-AU$34,022,485.0044.9x-44.5x0.8x
Tue, 30 Jan 2024AU$1.4bAU$2.1b-AU$57,315,968.00131.6x-24.3x0.7x
Thu, 28 Dec 2023AU$1.4bAU$2.1b-AU$64,938,763.00118.3x-21.1x0.7x
Sat, 25 Nov 2023AU$1.3bAU$2.1b-AU$64,938,763.00105.2x-20.4x0.6x
Mon, 23 Oct 2023AU$1.3bAU$2.1b-AU$64,938,763.0084.8x-19.6x0.6x
Wed, 20 Sep 2023AU$1.3bAU$2.1b-AU$64,898,803.0088.7x-20.1x0.6x
Fri, 18 Aug 2023AU$1.4bAU$2.0b-AU$25,035,745.0014.8x-57.5x0.7x
Sun, 16 Jul 2023AU$1.6bAU$2.0b-AU$24,448,522.0014.8x-66.6x0.8x
Tue, 13 Jun 2023AU$1.4bAU$2.0b-AU$18,142,396.0014.8x-78.7x0.7x
Thu, 11 May 2023AU$1.2bAU$2.0b-AU$18,144,188.0014.8x-66.5x0.6x
Sat, 08 Apr 2023AU$1.2bAU$2.0b-AU$18,259,482.0014.8x-66.8x0.6x
Mon, 06 Mar 2023AU$1.2bAU$1.9bAU$43.1m8.3x28.6x0.7x
Wed, 01 Feb 2023AU$1.2bAU$1.9b-AU$21,776,467.0013.8x-55.6x0.6x
Price to Earnings Ratio

-55.6x


Total Market Cap: AU$1.2bTotal Earnings: -AU$21,776,467.00Total Revenue: AU$1.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Aerospace & Defense Industry Price to Earnings3Y Average -103.4x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Aerospace & Defense industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 429x which is higher than its 3-year average PE of -103x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 4.4x.
Past Earnings Growth
  • Total earnings for the Aerospace & Defense industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 3.6% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

AU Market-0.29%
Industrials-1.22%
Aerospace & Defense-2.96%
Aerospace and Defense-2.96%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
EOS Electro Optic Systems HoldingsAU$10.355.0%
+AU$94.5m		784.6%PS17.3x
DRO DroneShieldAU$4.471.6%
+AU$64.0m		582.4%PE728.5x
HCL HighComAU$0.275.9%
+AU$1.5m		68.8%PS0.6x
OEC OrbitalAU$0.143.8%
+AU$895.3k		17.4%PS2.9x

Latest News

ASB
AU$7.64
Austal
7D
-12.2%
1Y
118.9%

ASB: AI Digital Twin Role Will Shape Balanced Outlook And Execution Risks

Analysts have lifted their price target on Austal, citing slightly lower required returns, a small uptick in expected revenue growth and profit margin, and a marginally reduced future P/E assumption as reasons for the updated valuation. Analyst Commentary Recent valuation work on Austal reflects a more cautious tone from some bearish analysts, even as headline price targets have been adjusted.
EOS
AU$10.35
Electro Optic Systems Holdings
7D
5.0%
1Y
784.6%
DRO
AU$4.47
DroneShield
7D
1.6%
1Y
582.4%

DRO: Index Inclusion And Stable Outlook Will Support Measured Future Upside Potential

Analysts have slightly reduced their price target on DroneShield to reflect a minor adjustment in the discount rate and future P/E assumptions, while keeping their fair value estimate unchanged at A$4.70. Valuation Changes Fair Value: The fair value estimate is unchanged at A$4.70 per share.
HCL
AU$0.27
HighCom
7D
5.9%
1Y
68.8%

Fewer Investors Than Expected Jumping On HighCom Limited (ASX:HCL)

Jan 14
Fewer Investors Than Expected Jumping On HighCom Limited (ASX:HCL)
OEC
AU$0.14
Orbital
7D
3.8%
1Y
17.4%