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Australian (ASX) Construction and Engineering Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies20
  • 7D-1.8%
  • 3M2.4%
  • 1Y31.2%
  • YTDn/a

The Construction and Engineering industry has gained 2.0% in the last week and NRW Holdings up 6.7%. In the same time, Worley was down 12%. In the last 12 months, the industry was up 32%. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026AU$28.4bAU$35.0bAU$1.2b21.7x23.2x0.8x
Sun, 25 Jan 2026AU$29.0bAU$33.8bAU$1.2b23.4x23.3x0.9x
Tue, 23 Dec 2025AU$27.8bAU$33.8bAU$1.2b22.6x22.3x0.8x
Thu, 20 Nov 2025AU$26.8bAU$33.8bAU$1.2b20.8x21.5x0.8x
Sat, 18 Oct 2025AU$27.7bAU$35.0bAU$1.3b21.8x21.9x0.8x
Mon, 15 Sep 2025AU$26.5bAU$35.0bAU$1.3b19.5x20.9x0.8x
Wed, 13 Aug 2025AU$24.3bAU$34.8bAU$1.3b18.1x19x0.7x
Fri, 11 Jul 2025AU$23.3bAU$34.7bAU$1.3b18.2x18x0.7x
Sun, 08 Jun 2025AU$22.1bAU$34.7bAU$1.3b17.1x17x0.6x
Tue, 06 May 2025AU$20.4bAU$34.7bAU$1.3b16.6x15.7x0.6x
Thu, 03 Apr 2025AU$21.4bAU$34.7bAU$1.3b15.9x16.5x0.6x
Sat, 01 Mar 2025AU$22.6bAU$34.5bAU$1.3b16.5x17.5x0.7x
Mon, 27 Jan 2025AU$22.6bAU$34.0bAU$1.2b16.9x19.4x0.7x
Wed, 25 Dec 2024AU$21.7bAU$34.9bAU$1.2b16x18.5x0.6x
Fri, 22 Nov 2024AU$22.0bAU$33.5bAU$1.1b17.6x20.2x0.7x
Sun, 20 Oct 2024AU$22.4bAU$33.9bAU$1.1b19.2x19.9x0.7x
Tue, 17 Sep 2024AU$21.3bAU$33.6bAU$1.1b16.5x19.6x0.6x
Thu, 15 Aug 2024AU$20.8bAU$32.6bAU$937.5m17.9x22.2x0.6x
Sat, 13 Jul 2024AU$21.0bAU$32.6bAU$942.3m16.1x22.3x0.6x
Mon, 10 Jun 2024AU$20.3bAU$32.6bAU$942.3m15.5x21.5x0.6x
Wed, 08 May 2024AU$20.6bAU$32.6bAU$942.3m14.2x21.9x0.6x
Fri, 05 Apr 2024AU$21.0bAU$32.3bAU$918.1m14.2x22.9x0.7x
Sun, 03 Mar 2024AU$21.4bAU$32.3bAU$918.1m15x23.3x0.7x
Tue, 30 Jan 2024AU$19.2bAU$30.8bAU$615.4m15x31.1x0.6x
Thu, 28 Dec 2023AU$20.5bAU$30.8bAU$615.4m15.3x33.3x0.7x
Sat, 25 Nov 2023AU$19.6bAU$30.8bAU$615.4m14x31.9x0.6x
Mon, 23 Oct 2023AU$19.3bAU$30.8bAU$615.4m14.3x31.3x0.6x
Wed, 20 Sep 2023AU$19.4bAU$30.8bAU$615.4m14.5x31.5x0.6x
Fri, 18 Aug 2023AU$19.2bAU$29.1bAU$358.1m15.2x53.5x0.7x
Sun, 16 Jul 2023AU$18.7bAU$28.9bAU$365.8m15x51x0.6x
Tue, 13 Jun 2023AU$18.2bAU$28.9bAU$365.8m14.4x49.8x0.6x
Thu, 11 May 2023AU$18.5bAU$28.9bAU$365.8m15.3x50.6x0.6x
Sat, 08 Apr 2023AU$17.2bAU$28.9bAU$365.8m14.1x47.1x0.6x
Mon, 06 Mar 2023AU$9.3bAU$18.4bAU$371.8m15.6x25x0.5x
Price to Earnings Ratio

25x


Total Market Cap: AU$9.3bTotal Earnings: AU$371.8mTotal Revenue: AU$18.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Construction and Engineering Industry Price to Earnings3Y Average 26.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Construction and Engineering industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 22.1x which is lower than its 3-year average PE of 26.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
  • The earnings for companies in the Construction and Engineering industry have grown 52% per year over the last three years.
  • Revenues for these companies have grown 24% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Australian Construction and Engineering compare with similar industries?

AU Market1.08%
Industrials0.58%
Construction-1.84%
Construction and Engineering-1.84%
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$6.536.7%
+AU$188.4m		98.8%PE61.5x
MND Monadelphous GroupAU$32.455.6%
+AU$172.0m		100.2%PE30.6x
MGH MAAS Group HoldingsAU$4.6910.4%
+AU$158.0m		19.0%PE21.5x
GNP GenusPlus GroupAU$7.656.3%
+AU$81.7m		182.3%PE29.8x
VNT Ventia Services GroupAU$5.841.4%
+AU$64.1m		40.4%PE17.7x

Latest News

WOR
AU$11.71
Worley
7D
-12.2%
1Y
-24.7%
DUR
AU$2.10
Duratec
7D
-8.7%
1Y
28.8%
SYL
AU$2.80
Symal Group
7D
-11.9%
1Y
40.7%
SND
AU$0.84
Saunders International
7D
-12.0%
1Y
-12.5%
SHA
AU$6.53
SHAPE Australia
7D
-14.0%
1Y
114.1%

SHA: Fully Franked Dividend Will Support Fair Value And Future P/E

Analysts have lifted their price target for SHAPE Australia to A$7.97 from A$7.15, citing updated assumptions around revenue growth, profit margins, the discount rate, and future P/E as key drivers of the change. What's in the News SHAPE Australia Corporation Limited declared a fully franked ordinary dividend of A$0.14 per share for the six months ended December 31, 2025 (Key Developments).
TEA
AU$4.01
Tasmea
7D
4.2%
1Y
40.7%
MND
AU$32.45
Monadelphous Group
7D
5.6%
1Y
100.2%
GNP
AU$7.65
GenusPlus Group
7D
6.3%
1Y
182.3%
SSM
AU$2.03
Service Stream
7D
-8.1%
1Y
20.1%
MGH
AU$4.69
MAAS Group Holdings
7D
10.4%
1Y
19.0%
NWH
AU$6.53
NRW Holdings
7D
6.7%
1Y
98.8%

NWH: Dividend And Earnings Guidance Will Support Steady Fair Value

Analysts have lifted their price target for NRW Holdings from A$5.45 to A$6.67, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E multiples. What's in the News NRW Holdings declared a fully franked ordinary dividend of A$0.085 per share for the six months ended December 31, 2025, payable on April 9, 2026, with a record date of March 24, 2026 and ex date of March 23, 2026 (Key Developments).
BSA
AU$0.36
BSA
7D
38.5%
1Y
227.3%
VNT
AU$5.84
Ventia Services Group
7D
1.4%
1Y
40.4%
SXE
AU$3.11
Southern Cross Electrical Engineering
7D
-9.9%
1Y
75.7%
LYL
AU$14.50
Lycopodium
7D
-3.3%
1Y
40.8%
CVL
AU$1.70
Civmec
7D
4.3%
1Y
75.3%