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Australian (ASX) Aerospace & Defense Industry Analysis

UpdatedDec 27, 2025
DataAggregated Company Financials
Companies5
  • 7D10.1%
  • 3M-5.2%
  • 1Y238.3%
  • YTD239.0%

Over the last 7 days, the Aerospace & Defense industry has risen 10%, driven by gains from DroneShield of 18%. This means that the industry has gained 238% over the past year. As for the next few years, earnings are expected to grow by 59% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Dec 2025AU$7.7bAU$2.1bAU$21.8m283.8x353.9x3.7x
Mon, 24 Nov 2025AU$5.2bAU$2.1bAU$21.8m153.9x236.4x2.5x
Wed, 22 Oct 2025AU$8.3bAU$2.1bAU$21.8m395.1x381.7x4x
Fri, 19 Sep 2025AU$7.5bAU$2.1bAU$21.8m269.3x343.2x3.6x
Sun, 17 Aug 2025AU$7.7bAU$1.9b-AU$3,583,849.0070.5x-2139x4.1x
Tue, 15 Jul 2025AU$5.9bAU$1.9b-AU$3,583,849.0020.4x-1645.3x3.1x
Thu, 12 Jun 2025AU$4.4bAU$1.9b-AU$3,583,849.0020.4x-1227.4x2.3x
Sat, 10 May 2025AU$3.6bAU$1.9b-AU$3,583,849.0018.4x-1013.6x1.9x
Mon, 07 Apr 2025AU$2.8bAU$2.0b-AU$4,418,849.0017.9x-640.3x1.4x
Wed, 05 Mar 2025AU$2.5bAU$2.0b-AU$4,418,849.0020.4x-574.7x1.3x
Fri, 31 Jan 2025AU$2.2bAU$2.0bAU$5.4m90.5x412.7x1.1x
Sun, 29 Dec 2024AU$2.1bAU$2.0bAU$5.4m87.6x387.1x1.1x
Tue, 26 Nov 2024AU$2.1bAU$2.0bAU$5.4m88.2x390.7x1.1x
Thu, 24 Oct 2024AU$2.4bAU$2.0bAU$5.4m113.3x432.3x1.2x
Sat, 21 Sep 2024AU$2.5bAU$2.0bAU$5.4m151.3x461.5x1.3x
Mon, 19 Aug 2024AU$2.3bAU$2.0b-AU$34,022,485.00108.8x-66.8x1.2x
Wed, 17 Jul 2024AU$2.8bAU$2.0b-AU$34,022,485.00165x-83.6x1.4x
Fri, 14 Jun 2024AU$2.2bAU$2.0b-AU$34,022,485.00112.5x-64.7x1.1x
Sun, 12 May 2024AU$1.9bAU$2.0b-AU$34,022,485.0074x-57.2x1x
Tue, 09 Apr 2024AU$1.7bAU$2.0b-AU$34,022,485.0052.5x-49x0.8x
Thu, 07 Mar 2024AU$1.5bAU$2.0b-AU$34,022,485.0045.6x-45.2x0.8x
Sat, 03 Feb 2024AU$1.6bAU$2.1b-AU$57,315,968.00176.9x-27.3x0.7x
Mon, 01 Jan 2024AU$1.4bAU$2.1b-AU$64,938,763.00115.4x-21.9x0.7x
Wed, 29 Nov 2023AU$1.3bAU$2.1b-AU$64,938,763.0097.9x-20.1x0.6x
Fri, 27 Oct 2023AU$1.2bAU$2.1b-AU$64,938,763.0084.8x-18.5x0.6x
Sun, 24 Sep 2023AU$1.3bAU$2.1b-AU$64,898,803.0085.9x-19.5x0.6x
Tue, 22 Aug 2023AU$1.4bAU$2.0b-AU$25,750,089.0014.8x-54.4x0.7x
Thu, 20 Jul 2023AU$1.7bAU$2.0b-AU$24,538,128.0014.8x-69.2x0.9x
Sat, 17 Jun 2023AU$1.5bAU$2.0b-AU$24,900,905.0014.8x-60x0.8x
Mon, 15 May 2023AU$1.2bAU$2.0b-AU$18,285,767.0014.8x-66.5x0.6x
Wed, 12 Apr 2023AU$1.2bAU$2.0b-AU$18,291,741.0014.8x-67.2x0.6x
Fri, 10 Mar 2023AU$1.3bAU$1.9bAU$43.1m8.8x30x0.7x
Sun, 05 Feb 2023AU$1.2bAU$1.9b-AU$21,776,467.0013.8x-55.4x0.6x
Tue, 03 Jan 2023AU$1.3bAU$1.9b-AU$21,776,467.0012.8x-58.1x0.7x
Price to Earnings Ratio

-58.1x


Total Market Cap: AU$1.3bTotal 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 -115.5x20242025
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 354x which is higher than its 3-year average PE of -116x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 3.7x.
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 Market1.70%
Industrials1.21%
Aerospace & Defense10.13%
Aerospace and Defense10.13%
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
DRO DroneShieldAU$3.2918.3%
+AU$465.7m		338.7%PE535.7x
EOS Electro Optic Systems HoldingsAU$9.259.0%
+AU$146.6m		611.5%PS15.5x
ASB AustalAU$6.833.5%
+AU$96.7m		119.6%PE32x
OEC OrbitalAU$0.153.4%
+AU$895.3k		36.4%PS3.3x

Latest News

DRO
AU$3.29
DroneShield
7D
18.3%
1Y
338.7%

DRO: Index Inclusion And Defence Partnerships Will Support Future Upside Potential

Analysts have modestly increased their price target for DroneShield to $5.15, reflecting slightly higher long term growth and valuation assumptions, despite largely unchanged fair value estimates. What's in the News Critical Infrastructure Technologies signs a new NDA with DroneShield to integrate Counter Unmanned Aerial Systems capabilities into the Nexus 20 platform requested by the Ukrainian Ministry of Defence, advancing design work on a secure, resilient defence system (Key Developments) The Nexus 20 program, covering 50 platforms, moves forward with parallel telecommunications and C UAS integration in partnership frameworks that already include Babcock International, Nokia, and Ericsson (Key Developments) DroneShield is added to the S and P ASX 200 Index, which may increase its visibility and potential inclusion in institutional portfolios (Key Developments) DroneShield is also added to the S and P ASX 200 Industrials Sector Index, reinforcing its status as a notable participant in the Australian industrials universe (Key Developments) Valuation Changes Fair Value: Unchanged at A$5.15 per share, indicating stable long term intrinsic value assumptions.
EOS
AU$9.25
Electro Optic Systems Holdings
7D
9.0%
1Y
611.5%

EOS: Index Inclusions Will Support Stronger Profit Margin Expansion

Analysts have sharply increased their price target for Electro Optic Systems Holdings from A$5.45 to A$11.18, citing higher expected revenue growth, a significantly stronger profit margin outlook, and a lower future P E multiple that together support a materially higher valuation. What's in the News Electro Optic Systems Holdings Limited (ASX:EOS) added to the S&P/ASX Small Ordinaries Index, signaling greater visibility among small cap investors (Index Constituent Adds) Electro Optic Systems Holdings Limited (ASX:EOS) added to the S&P/ASX 300 Index, broadening inclusion across mainstream Australian equity benchmarks (Index Constituent Adds) Valuation Changes The Fair Value Estimate has risen significantly from A$5.45 to A$11.18, implying a materially higher assessed intrinsic value for Electro Optic Systems Holdings.
ASB
AU$6.83
Austal
7D
3.5%
1Y
119.6%

ASB: AI Digital Twin Expansion Will Support Stronger Long Term Earnings Potential

Analysts have nudged their price target on Austal slightly higher to reflect a modest improvement in fair value to around $8.10 per share. This is supported by expectations of slightly faster revenue growth and a richer future earnings multiple, despite some pressure on margins and a marginally lower discount rate.
OEC
AU$0.15
Orbital
7D
3.4%
1Y
36.4%
HCL
AU$0.24
HighCom
7D
-2.0%
1Y
50.8%