Ventia Services Group Limited (ASX:VNT) Shares Could Be 49% Below Their Intrinsic Value Estimate
Nov 23
Australian (ASX) Construction Industry Analysis
UpdatedDec 01, 2022
DataAggregated Company Financials
Companies22
- 7D1.9%
- 3M-2.7%
- 1Y6.7%
- YTD-0.7%
In the last week, the Construction industry is up 1.9%, with Johns Lyng Group up 5.1%. In the same time, Service Stream was down 6.1%. This takes the industry's 12 month performance to a gain of 6.7%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | AU$9.8b | AU$16.9b | AU$291.1m | 16.6x | 33.5x | 0.6x |
| Sat, 29 Oct 2022 | AU$9.4b | AU$16.9b | AU$291.1m | 15.6x | 32.2x | 0.6x |
| Mon, 26 Sep 2022 | AU$9.6b | AU$16.9b | AU$291.1m | 16.9x | 33x | 0.6x |
| Wed, 24 Aug 2022 | AU$10.2b | AU$15.7b | AU$364.7m | 15.6x | 27.8x | 0.6x |
| Fri, 22 Jul 2022 | AU$9.8b | AU$15.3b | AU$308.9m | 17.6x | 31.7x | 0.6x |
| Sun, 19 Jun 2022 | AU$8.5b | AU$15.3b | AU$308.9m | 14.9x | 27.5x | 0.6x |
| Tue, 17 May 2022 | AU$16.4b | AU$25.2b | AU$719.2m | 15.6x | 22.8x | 0.7x |
| Thu, 14 Apr 2022 | AU$17.5b | AU$25.0b | AU$711.0m | 17.3x | 24.6x | 0.7x |
| Sat, 12 Mar 2022 | AU$17.2b | AU$25.4b | AU$715.2m | 17x | 24.1x | 0.7x |
| Mon, 07 Feb 2022 | AU$12.8b | AU$18.5b | -AU$977,763,900.00 | 14.9x | -13.1x | 0.7x |
| Wed, 05 Jan 2022 | AU$13.6b | AU$18.3b | -AU$983,186,946.00 | 15.4x | -13.8x | 0.7x |
| Fri, 03 Dec 2021 | AU$13.0b | AU$17.8b | -AU$995,552,946.00 | 15.7x | -13.1x | 0.7x |
| Sun, 31 Oct 2021 | AU$13.3b | AU$17.8b | -AU$994,824,323.00 | 15.3x | -13.4x | 0.7x |
| Tue, 28 Sep 2021 | AU$13.0b | AU$17.5b | -AU$894,467,323.00 | 14.8x | -14.5x | 0.7x |
| Thu, 26 Aug 2021 | AU$13.1b | AU$17.5b | -AU$894,467,323.00 | 15.3x | -14.7x | 0.7x |
| Fri, 02 Jul 2021 | AU$12.2b | AU$16.5b | -AU$919,606,323.00 | 15x | -13.3x | 0.7x |
| Mon, 05 Apr 2021 | AU$10.9b | AU$16.2b | -AU$1,013,919,382.00 | 14.5x | -10.7x | 0.7x |
| Thu, 07 Jan 2021 | AU$13.6b | AU$15.9b | -AU$1,104,788,208.00 | 18.7x | -12.4x | 0.9x |
| Wed, 30 Sep 2020 | AU$10.1b | AU$20.7b | -AU$1,046,685,042.00 | 22.2x | -9.7x | 0.5x |
| Sat, 04 Jul 2020 | AU$11.6b | AU$15.5b | -AU$1,646,847,952.00 | 20.6x | -7x | 0.7x |
| Tue, 07 Apr 2020 | AU$10.8b | AU$16.6b | -AU$1,450,618,462.00 | 19.6x | -7.5x | 0.7x |
| Fri, 10 Jan 2020 | AU$16.3b | AU$17.4b | -AU$1,323,695,438.00 | 32.6x | -12.3x | 0.9x |
Price to Earnings Ratio
17.2x
Current Industry PE
- Investors are optimistic on the Australian Construction industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 33.5x which is higher than its 3-year average PE of -0.37x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- The earnings for companies in the Construction industry have declined 32% per year over the last three years,
- Revenues have also declined 7.0% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Industrials industry?
| AU Market | 0.51% | |
| Industrials | 0.94% | |
| Construction | 1.90% | |
| Construction and Engineering | 1.90% | |
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 | |
|---|---|---|---|---|---|
| NWH NRW Holdings | AU$2.73 | 6.6% +AU$82.0m | 60.6% | PE12.6x | |
| JLG Johns Lyng Group | AU$7.29 | 4.3% +AU$78.7m | -0.3% | PE75.8x | |
| VNT Ventia Services Group | AU$2.69 | 1.9% +AU$42.8m | 31.2% | PE27.2x | |
| RDG Resource Development Group | AU$0.058 | 11.5% +AU$17.3m | -3.3% | PE47.9x | |
| MND Monadelphous Group | AU$13.73 | 1.2% +AU$15.3m | 46.7% | PE25.2x |
