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

Australian (ASX) Construction Industry Analysis

UpdatedJul 20, 2026
DataAggregated Company Financials
Companies22
  • 7D-0.8%
  • 3M12.3%
  • 1Y37.1%
  • YTD11.3%

The Construction is pretty flat in the last 7 days, but Ventia Services Group has stood out, gaining 3.9%. The past year has been better, since the industry has gained 37% in that time. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jul 2026AU$32.5bAU$37.1bAU$1.3b24x24.7x0.9x
Thu, 18 Jun 2026AU$33.7bAU$35.4bAU$1.2b27.1x27.1x1x
Sat, 16 May 2026AU$30.8bAU$35.4bAU$1.2b24.8x24.7x0.9x
Mon, 13 Apr 2026AU$27.6bAU$35.4bAU$1.2b20.1x22.2x0.8x
Wed, 11 Mar 2026AU$26.7bAU$35.4bAU$1.2b22x21.4x0.8x
Fri, 06 Feb 2026AU$27.9bAU$33.8bAU$1.2b22.6x22.4x0.8x
Sun, 04 Jan 2026AU$27.8bAU$33.8bAU$1.2b22.1x22.3x0.8x
Tue, 02 Dec 2025AU$27.5bAU$33.8bAU$1.2b21.7x22.1x0.8x
Thu, 30 Oct 2025AU$27.1bAU$33.8bAU$1.2b23.3x21.8x0.8x
Sat, 27 Sep 2025AU$26.7bAU$35.0bAU$1.3b20.2x21x0.8x
Mon, 25 Aug 2025AU$25.1bAU$35.4bAU$1.3b18.3x20.1x0.7x
Wed, 23 Jul 2025AU$23.6bAU$34.7bAU$1.3b17.7x18.2x0.7x
Fri, 20 Jun 2025AU$22.4bAU$34.7bAU$1.3b17.3x17.3x0.6x
Sun, 18 May 2025AU$21.8bAU$34.7bAU$1.3b16.7x16.8x0.6x
Tue, 15 Apr 2025AU$19.8bAU$34.7bAU$1.3b15.5x15.3x0.6x
Thu, 13 Mar 2025AU$21.2bAU$34.7bAU$1.3b15x16.3x0.6x
Sat, 08 Feb 2025AU$22.8bAU$34.0bAU$1.2b17.5x19.5x0.7x
Mon, 06 Jan 2025AU$22.0bAU$34.9bAU$1.2b16.1x18.8x0.6x
Wed, 04 Dec 2024AU$21.6bAU$34.5bAU$1.1b16.7x18.9x0.6x
Fri, 01 Nov 2024AU$21.4bAU$33.5bAU$1.1b19.4x19.5x0.6x
Sun, 29 Sep 2024AU$21.9bAU$34.0bAU$1.1b15.9x19.7x0.6x
Tue, 27 Aug 2024AU$21.2bAU$33.0bAU$999.5m14.8x21.2x0.6x
Thu, 25 Jul 2024AU$21.6bAU$32.6bAU$942.3m17.2x22.9x0.7x
Sat, 22 Jun 2024AU$20.3bAU$32.6bAU$942.3m16.1x21.5x0.6x
Mon, 20 May 2024AU$19.7bAU$32.3bAU$918.1m14.8x21.5x0.6x
Wed, 17 Apr 2024AU$21.0bAU$32.3bAU$918.1m14.8x22.8x0.6x
Fri, 15 Mar 2024AU$21.0bAU$32.3bAU$918.1m14x22.9x0.7x
Sun, 11 Feb 2024AU$19.9bAU$30.6bAU$626.1m15.7x31.7x0.6x
Tue, 09 Jan 2024AU$20.1bAU$30.8bAU$615.4m15.3x32.7x0.7x
Thu, 07 Dec 2023AU$19.8bAU$30.8bAU$615.4m15.1x32.2x0.6x
Sat, 04 Nov 2023AU$19.1bAU$30.8bAU$615.4m14x31.1x0.6x
Mon, 02 Oct 2023AU$19.7bAU$30.8bAU$615.4m14.7x32x0.6x
Wed, 30 Aug 2023AU$19.2bAU$30.8bAU$564.3m15.4x34.1x0.6x
Fri, 28 Jul 2023AU$19.0bAU$28.9bAU$365.8m15.1x52x0.7x
Price to Earnings Ratio

52x


Total Market Cap: AU$19.0bTotal Earnings: AU$365.8mTotal Revenue: AU$28.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Construction Industry Price to Earnings3Y Average 23.6x202420252026
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 23.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 53% per year over the last three years.
  • Revenues for these companies have grown 8.7% 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-0.24%
Industrials0.031%
Construction-0.77%
Construction and Engineering-0.77%
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
VNT Ventia Services GroupAU$6.153.9%
+AU$187.4m		18.0%PE18.4x
MND Monadelphous GroupAU$29.626.6%
+AU$184.0m		61.0%PE28.1x
WOR WorleyAU$10.771.6%
+AU$82.9m		-17.3%PE15.2x
TEA TasmeaAU$9.282.3%
+AU$54.9m		167.4%PE51x
FWD FleetwoodAU$2.2120.1%
+AU$33.4m		-16.3%PE10.8x

Latest News

SXE
AU$4.44
Southern Cross Electrical Engineering
7D
-2.6%
1Y
138.1%
GNP
AU$9.13
GenusPlus Group
7D
-0.3%
1Y
114.8%
WOR
AU$10.77
Worley
7D
1.6%
1Y
-17.3%
MGH
AU$5.46
MAAS Group Holdings
7D
-5.5%
1Y
35.1%
New Narrative • Jul 11

AI Infrastructure And Electrical Projects Will Drive Stronger Long Term Prospects

Catalysts About MAAS Group Holdings MAAS Group Holdings is a diversified infrastructure, electrical and property group focused on civil construction, modular electrical manufacturing and residential and commercial real estate. What are the underlying business or industry changes driving this perspective?
TEA
AU$9.28
Tasmea
7D
2.3%
1Y
167.4%
NWH
AU$6.81
NRW Holdings
7D
-1.3%
1Y
116.2%
Narrative Update • Jul 09

nan

Analysts have lifted their price target for NRW Holdings to A$6.30 from A$4.52, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that together support a higher assessed fair value. What’s in the News for NRW Holdings No recent company specific news items for NRW Holdings have been provided in the available sources.
FWD
AU$2.21
Fleetwood
7D
20.1%
1Y
-16.3%
Narrative Update • Jul 08

FWD: Portfolio Refocus On Modular Assets Will Drive Future Upside

Analysts have reduced their price target for Fleetwood from A$3.46 to A$2.95, reflecting updated assumptions for softer revenue trends, slightly lower profit margins, and a higher future P/E multiple. What’s in the News for Fleetwood Fleetwood plans to exit its RV Solutions segment, including the divestment of the Camec recreational vehicle parts and accessories business across Australia and New Zealand, following a review of its operations.
DUR
AU$2.26
Duratec
7D
-3.0%
1Y
47.7%
Narrative Update • Jul 07

DUR: New Buy Rating Will Support Rerated Earnings Multiple Going Forward

Duratec's consensus analyst price target has shifted from A$2.15 to A$2.85, with analysts pointing to updated views on fair value, discount rates, growth and margins following new coverage and sector commentary. What’s in the News for Duratec No recent Duratec specific news items were identified in the provided sources.
VNT
AU$6.15
Ventia Services Group
7D
3.9%
1Y
18.0%
CVL
AU$1.70
Civmec
7D
-5.8%
1Y
49.1%
SHA
AU$6.42
SHAPE Australia
7D
-0.5%
1Y
52.5%
MND
AU$29.62
Monadelphous Group
7D
6.6%
1Y
61.0%
Narrative Update • Jun 18

MND: Rich P/E And Brigalow Contract Will Likely Restrain Future Returns

Analysts have lifted their price target for Monadelphous Group stock from A$19.59 to A$19.89, citing updated assumptions around revenue growth, profit margins, and a lower estimated future P/E multiple. What’s in the News for Monadelphous Group Monadelphous Group secured a A$380 million contract from CS Energy to deliver balance of plant construction for the Brigalow Peaking Power Plant near Chinchilla, Queensland, including civil and mechanical works, piping, and installation of 12 aeroderivative gas turbine generator units.
SRG
AU$3.52
SRG Global
7D
0.9%
1Y
110.1%
Narrative Update • Jun 17

SRG: Contract Wins And Guidance Uplift Will Shape Fairly Valued Shares

Analysts have lifted their fair value estimate for SRG Global to about A$3.89 from roughly A$3.34, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples, along with recent Street research including a new A$3.15 target from Goldman Sachs coverage initiation. What’s in the News for SRG Global SRG Global announced A$1.85b in new contract wins across nine sectors, including water infrastructure, defence, energy, industrial services, digital infrastructure and resources, with blue chip clients such as Fortescue, Origin Energy, Alcoa and Queensland’s Gympie Regional Council.
LYL
AU$18.80
Lycopodium
7D
2.0%
1Y
62.8%
SSM
AU$2.57
Service Stream
7D
2.0%
1Y
31.8%
EVZ
AU$0.54
EVZ
7D
-0.5%
1Y
219.1%