Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Construction Industry Analysis

UpdatedMay 14, 2026
DataAggregated Company Financials
Companies21
  • 7D1.8%
  • 3M6.3%
  • 1Y42.2%
  • YTD8.1%

In the last week, the Construction industry is up 1.8%, with NRW Holdings up 4.8%. This means that the industry has gained 42% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

Has the Australian Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 15 May 2026AU$30.0bAU$35.4bAU$1.2b23.8x24.1x0.8x
Sun, 12 Apr 2026AU$27.6bAU$35.4bAU$1.2b20.1x22.2x0.8x
Tue, 10 Mar 2026AU$26.2bAU$35.4bAU$1.2b21.5x21.1x0.7x
Thu, 05 Feb 2026AU$28.9bAU$33.8bAU$1.2b23.4x23.2x0.9x
Sat, 03 Jan 2026AU$27.8bAU$33.8bAU$1.2b22.1x22.3x0.8x
Mon, 01 Dec 2025AU$27.8bAU$33.8bAU$1.2b22.7x22.3x0.8x
Wed, 29 Oct 2025AU$27.1bAU$33.8bAU$1.2b22.8x21.8x0.8x
Fri, 26 Sep 2025AU$26.6bAU$35.0bAU$1.3b20.5x21x0.8x
Sun, 24 Aug 2025AU$25.1bAU$35.4bAU$1.3b18.3x20.1x0.7x
Tue, 22 Jul 2025AU$23.5bAU$34.7bAU$1.3b17.7x18.1x0.7x
Thu, 19 Jun 2025AU$22.8bAU$34.7bAU$1.3b17.3x17.6x0.7x
Sat, 17 May 2025AU$21.8bAU$34.7bAU$1.3b16.7x16.8x0.6x
Mon, 14 Apr 2025AU$19.4bAU$34.7bAU$1.3b14.9x15x0.6x
Wed, 12 Mar 2025AU$21.1bAU$34.7bAU$1.3b15.1x16.3x0.6x
Fri, 07 Feb 2025AU$22.8bAU$34.0bAU$1.2b17.6x19.5x0.7x
Sun, 05 Jan 2025AU$22.0bAU$34.9bAU$1.2b16.1x18.8x0.6x
Tue, 03 Dec 2024AU$21.8bAU$34.5bAU$1.1b16.9x19.1x0.6x
Thu, 31 Oct 2024AU$21.4bAU$33.5bAU$1.1b19.3x19.5x0.6x
Sat, 28 Sep 2024AU$21.9bAU$34.0bAU$1.1b15.9x19.7x0.6x
Mon, 26 Aug 2024AU$21.1bAU$33.0bAU$999.4m14.6x21.1x0.6x
Wed, 24 Jul 2024AU$21.5bAU$32.6bAU$942.3m17x22.8x0.7x
Fri, 21 Jun 2024AU$20.1bAU$32.6bAU$942.3m16x21.3x0.6x
Sun, 19 May 2024AU$20.0bAU$32.6bAU$942.3m14.2x21.3x0.6x
Tue, 16 Apr 2024AU$21.0bAU$32.3bAU$918.1m14.6x22.8x0.6x
Thu, 14 Mar 2024AU$20.9bAU$32.3bAU$918.1m14x22.8x0.6x
Sat, 10 Feb 2024AU$19.9bAU$30.6bAU$626.1m15.7x31.7x0.6x
Mon, 08 Jan 2024AU$20.3bAU$30.8bAU$615.4m15.3x33x0.7x
Wed, 06 Dec 2023AU$19.5bAU$30.8bAU$615.4m14.8x31.6x0.6x
Fri, 03 Nov 2023AU$19.1bAU$30.8bAU$615.4m14x31x0.6x
Sun, 01 Oct 2023AU$19.7bAU$30.8bAU$615.4m14.7x32x0.6x
Tue, 29 Aug 2023AU$19.1bAU$30.8bAU$564.3m15.4x33.9x0.6x
Thu, 27 Jul 2023AU$18.8bAU$28.9bAU$365.8m14.9x51.4x0.7x
Sat, 24 Jun 2023AU$17.6bAU$28.9bAU$365.8m15.2x48.1x0.6x
Mon, 22 May 2023AU$18.5bAU$28.9bAU$365.8m15.3x50.7x0.6x
Price to Earnings Ratio

50.7x


Total Market Cap: AU$18.5bTotal Earnings: AU$365.8mTotal Revenue: AU$28.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Construction Industry Price to Earnings3Y Average 25.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the Australian Construction industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 25.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 50% per year over the last three years.
  • Revenues for these companies have grown 7.0% 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 industry?

AU Market-1.74%
Industrials-1.55%
Construction1.80%
Construction and Engineering1.80%
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
NWH NRW HoldingsAU$7.484.8%
+AU$156.2m		181.2%PE70.5x
SHA SHAPE AustraliaAU$7.8020.7%
+AU$111.7m		142.2%PE25.3x
VNT Ventia Services GroupAU$5.901.7%
+AU$81.7m		28.0%PE17.7x
TEA TasmeaAU$6.025.2%
+AU$78.4m		116.5%PE33.1x
SRG SRG GlobalAU$3.113.0%
+AU$56.4m		117.5%PE35.3x

Latest News

WOR
AU$12.25
Worley
7D
-0.3%
1Y
-6.3%
GNP
AU$9.22
GenusPlus Group
7D
-2.4%
1Y
189.9%
SHA
AU$7.80
SHAPE Australia
7D
20.7%
1Y
142.2%
VNT
AU$5.90
Ventia Services Group
7D
1.7%
1Y
28.0%
SRG
AU$3.11
SRG Global
7D
3.0%
1Y
117.5%
NWH
AU$7.48
NRW Holdings
7D
4.8%
1Y
181.2%
MND
AU$29.79
Monadelphous Group
7D
-1.3%
1Y
77.1%
Narrative Update • May 04

MND: Rich P/E And March Dividend Will Likely Restrain Future Returns

Analysts have kept their A$19.59 price target for Monadelphous Group broadly unchanged, citing only minor adjustments in discount rate, revenue growth, profit margin and future P/E assumptions as reasons for maintaining this view. What's in the News Monadelphous Group declared an ordinary fully franked dividend of A$0.49 per security for the six months ended 31 December 2025, signaling a cash return to shareholders for that period (Key Developments).
TEA
AU$6.02
Tasmea
7D
5.2%
1Y
116.5%
AJL
AU$0.008
AJ Lucas Group
7D
-11.1%
1Y
0%
DUR
AU$2.55
Duratec
7D
-4.1%
1Y
70.0%
Narrative Update • Apr 28

DUR: Refined Margins And Higher Future P/E Will Likely Support Fair Value

Duratec's analyst price target has been updated from A$2.53 to A$2.90. Analysts point to refreshed assumptions for revenue growth, profit margins and future P/E as key drivers of the change.
MGH
AU$4.83
MAAS Group Holdings
7D
3.2%
1Y
11.5%
Narrative Update • Apr 23

MGH: Share Buyback Plan And Refined Assumptions Will Support Fair Pricing

Analysts have nudged their price target for MAAS Group Holdings slightly higher to A$5.11 from A$5.03, citing modest tweaks to fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News The board of MAAS Group Holdings authorized a share buyback plan on February 3, 2026, signaling approval for repurchases over a defined period (Key Developments).
SXE
AU$4.19
Southern Cross Electrical Engineering
7D
4.5%
1Y
128.3%
Narrative Update • Apr 20

SXE: Future Returns Will Depend On Stable Margins And Consistent Earnings Multiple

Analysts have kept their A$3.59 price target for Southern Cross Electrical Engineering unchanged, citing only small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, which they view as too minor on their own to justify a new target level. Valuation Changes Fair Value: A$3.59 is unchanged, indicating no revision to the central valuation estimate.
LYL
AU$12.55
Lycopodium
7D
-4.7%
1Y
15.1%
SYL
AU$2.62
Symal Group
7D
6.9%
1Y
75.3%
CVL
AU$1.55
Civmec
7D
-2.5%
1Y
57.7%
SND
AU$0.84
Saunders International
7D
-6.1%
1Y
6.3%