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Australian (ASX) Construction Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies23
- 7D-0.2%
- 3M-4.2%
- 1Y-21.0%
- YTD-12.5%
Over the last 7 days, the Construction industry has remained flat, although notably MAAS Group Holdings gained 25%. As for the longer term, the industry has declined 21% in the last year.
Industry Valuation and Performance
Has the Australian Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | AU$12.8b | AU$17.8b | -AU$995,552,946.00 | 15.4x |
| Thu, 28 Oct 2021 | AU$13.5b | AU$17.8b | -AU$994,824,323.00 | 15.8x |
| Sat, 25 Sep 2021 | AU$12.9b | AU$17.5b | -AU$894,467,323.00 | 14.8x |
| Mon, 23 Aug 2021 | AU$13.4b | AU$17.5b | -AU$894,467,323.00 | 15.3x |
| Sat, 10 Jul 2021 | AU$12.2b | AU$16.5b | -AU$919,606,323.00 | 15x |
| Fri, 02 Apr 2021 | AU$10.9b | AU$16.2b | -AU$1,013,919,382.00 | 14.5x |
| Mon, 04 Jan 2021 | AU$13.6b | AU$15.9b | -AU$1,104,788,208.00 | 18.7x |
| Thu, 08 Oct 2020 | AU$10.1b | AU$20.7b | -AU$1,046,685,042.00 | 22.2x |
| Wed, 01 Jul 2020 | AU$11.6b | AU$15.5b | -AU$1,646,847,952.00 | 20.6x |
| Sat, 04 Apr 2020 | AU$10.8b | AU$16.6b | -AU$1,450,618,462.00 | 19.6x |
| Tue, 07 Jan 2020 | AU$16.3b | AU$17.4b | -AU$1,323,695,438.00 | 32.6x |
| Mon, 30 Sep 2019 | AU$14.9b | AU$20.7b | AU$937.4m | 23.2x |
| Thu, 04 Jul 2019 | AU$19.5b | AU$20.4b | AU$935.3m | 20.6x |
| Sun, 07 Apr 2019 | AU$20.1b | AU$20.3b | AU$960.7m | 18.8x |
| Wed, 09 Jan 2019 | AU$17.7b | AU$19.9b | AU$967.5m | 16.1x |
PE Ratio
16.1x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 15.7x which is lower than its 3-year average PE of 20.3x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: Total earnings for the Construction industry have declined over the last three years, with the industry now making a loss overall. Revenues have declined 3.1% per year. This means overall sales are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Construction industry?
| Construction and Engineering | -0.22% | |
Industry PE: Investors are most optimistic about the Construction and Engineering industry even though it's trading below its 3-year average PE ratio of 20.3x. This is likely because analysts are expecting annual earnings growth of 29%, which is higher than its past year's earnings growth of 25% per year.
Forecasted Growth: Analysts are most optimistic on the Construction and Engineering industry, expecting annual earnings growth of 29% over the next 5 years. This is roughly in line with its past earnings growth rate.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| MGH MAAS Group Holdings | 24.9%+AU$326.9m | n/a | n/a | |
| JLG Johns Lyng Group | 3.6%+AU$58.9m | 152.5% | n/a | |
| NWH NRW Holdings | 6.4%+AU$47.9m | -35.6% | n/a | |
| MND Monadelphous Group | 1.0%+AU$8.6m | -31.3% | n/a | |
| GNP GenusPlus Group | 4.2%+AU$8.6m | n/a | n/a |
