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Australian (ASX) Aerospace and Defense Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies6
- 7D-3.9%
- 3M-1.9%
- 1Y76.1%
- YTDn/a
Over the last 7 days, the Aerospace and Defense industry has dropped 3.9%, driven by pullbacks in Austal and DroneShield of 4.8% and 6.8%, respectively. In contrast, Orbital has gained 29%. This takes the industry's 12 month performance to a gain of 76%. Earnings are forecast to grow by 52% annually.
Industry Valuation and Performance
Has the Australian Aerospace and Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | AU$2.2b | AU$2.0b | AU$5.4m | 92.9x | 396.8x | 1.1x |
| Sat, 19 Oct 2024 | AU$2.4b | AU$2.0b | AU$5.4m | 120.3x | 438x | 1.2x |
| Mon, 16 Sep 2024 | AU$2.1b | AU$2.0b | AU$5.4m | 137.8x | 391.1x | 1.1x |
| Wed, 14 Aug 2024 | AU$2.2b | AU$2.0b | -AU$34,022,485.00 | 107.4x | -65.6x | 1.1x |
| Fri, 12 Jul 2024 | AU$2.9b | AU$2.0b | -AU$34,022,485.00 | 162.2x | -85.6x | 1.5x |
| Sun, 09 Jun 2024 | AU$2.1b | AU$2.0b | -AU$34,022,485.00 | 100.5x | -61.4x | 1.1x |
| Tue, 07 May 2024 | AU$1.9b | AU$2.0b | -AU$34,022,485.00 | 66x | -54.8x | 0.9x |
| Thu, 04 Apr 2024 | AU$1.7b | AU$2.0b | -AU$34,022,485.00 | 52.8x | -50.1x | 0.9x |
| Sat, 02 Mar 2024 | AU$1.5b | AU$2.0b | -AU$34,022,485.00 | 44.9x | -44.5x | 0.8x |
| Mon, 29 Jan 2024 | AU$1.4b | AU$2.1b | -AU$57,315,968.00 | 128.7x | -24.3x | 0.7x |
| Wed, 27 Dec 2023 | AU$1.3b | AU$2.1b | -AU$64,938,763.00 | 118.3x | -20.8x | 0.6x |
| Fri, 24 Nov 2023 | AU$1.3b | AU$2.1b | -AU$64,938,763.00 | 106.6x | -20.8x | 0.6x |
| Sun, 22 Oct 2023 | AU$1.3b | AU$2.1b | -AU$64,938,763.00 | 84.8x | -19.6x | 0.6x |
| Tue, 19 Sep 2023 | AU$1.3b | AU$2.1b | -AU$64,898,803.00 | 90.1x | -19.8x | 0.6x |
| Thu, 17 Aug 2023 | AU$1.5b | AU$2.0b | -AU$24,983,773.00 | 14.8x | -58.2x | 0.7x |
| Sat, 15 Jul 2023 | AU$1.6b | AU$2.0b | -AU$24,398,342.00 | 14.8x | -66.8x | 0.8x |
| Mon, 12 Jun 2023 | AU$1.4b | AU$2.0b | -AU$18,162,110.00 | 14.8x | -78.6x | 0.7x |
| Wed, 10 May 2023 | AU$1.2b | AU$2.0b | -AU$18,147,772.00 | 14.8x | -67.3x | 0.6x |
| Fri, 07 Apr 2023 | AU$1.2b | AU$2.0b | -AU$9,298,194.00 | 14.8x | -130x | 0.6x |
| Sun, 05 Mar 2023 | AU$1.2b | AU$1.9b | AU$43.1m | 8.3x | 28.6x | 0.6x |
| Tue, 31 Jan 2023 | AU$1.2b | AU$1.9b | -AU$21,776,467.00 | 14x | -55.9x | 0.6x |
| Thu, 29 Dec 2022 | AU$1.3b | AU$1.9b | -AU$21,776,467.00 | 12.5x | -58.8x | 0.7x |
| Sat, 26 Nov 2022 | AU$1.4b | AU$1.9b | -AU$21,776,467.00 | 13.1x | -65.2x | 0.8x |
| Mon, 24 Oct 2022 | AU$1.4b | AU$1.9b | -AU$21,776,467.00 | 12.9x | -62.9x | 0.7x |
| Wed, 21 Sep 2022 | AU$1.3b | AU$1.9b | -AU$21,276,293.00 | 12.9x | -62.7x | 0.7x |
| Fri, 19 Aug 2022 | AU$1.4b | AU$1.9b | AU$49.3m | 13.3x | 28.8x | 0.7x |
| Sun, 17 Jul 2022 | AU$1.4b | AU$1.9b | AU$49.3m | 12.8x | 27.8x | 0.7x |
| Tue, 14 Jun 2022 | AU$1.3b | AU$1.9b | AU$49.3m | 11.6x | 26.2x | 0.7x |
| Thu, 12 May 2022 | AU$1.4b | AU$1.9b | AU$49.3m | 13.1x | 27.6x | 0.7x |
| Sat, 09 Apr 2022 | AU$1.4b | AU$1.9b | AU$49.3m | 12.4x | 29.3x | 0.8x |
| Mon, 07 Mar 2022 | AU$1.3b | AU$1.9b | AU$46.3m | 13x | 27.2x | 0.7x |
| Wed, 02 Feb 2022 | AU$1.4b | AU$2.0b | AU$51.2m | 10.4x | 26.9x | 0.7x |
| Fri, 31 Dec 2021 | AU$1.4b | AU$2.0b | AU$51.2m | 9.8x | 26.6x | 0.7x |
| Sun, 28 Nov 2021 | AU$1.3b | AU$2.0b | AU$51.2m | 9.3x | 26.3x | 0.7x |
Price to Earnings Ratio
26.3x
Current Industry PE
- Investors are optimistic on the Australian Aerospace and Defense industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 397x which is higher than its 3-year average PE of 6.2x.
- The 3-year average PS ratio of 0.78x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Aerospace and Defense industry have declined 53% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Australian Aerospace and Defense compare with similar industries?
| AU Market | 1.37% | |
| Industrials | 1.65% | |
| Aerospace & Defense | -3.90% | |
| Aerospace and Defense | -3.90% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| OEC Orbital | AU$0.12 | 29.2% +AU$3.8m | -8.0% | PE250.7x |