Duratec (ASX:DUR) Could Easily Take On More Debt
Apr 23
Australian (ASX) Construction and Engineering Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies21
- 7D0.5%
- 3M8.7%
- 1Y17.4%
- YTDn/a
The Construction and Engineering industry is up 1.9% in the last week, with NRW Holdings up 3.2%. During this same period, the Duratec underperformed, falling 8.2%. This means that the industry has gained 17% over the past year. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Australian Construction and Engineering Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | AU$20.9b | AU$32.3b | AU$918.1m | 15.3x | 22.7x | 0.6x |
| Sun, 24 Mar 2024 | AU$21.0b | AU$32.3b | AU$918.1m | 14.1x | 22.8x | 0.7x |
| Tue, 20 Feb 2024 | AU$20.2b | AU$30.8b | AU$639.8m | 15.5x | 31.5x | 0.7x |
| Thu, 18 Jan 2024 | AU$19.5b | AU$30.8b | AU$615.4m | 15.1x | 31.8x | 0.6x |
| Sat, 16 Dec 2023 | AU$19.9b | AU$30.8b | AU$615.4m | 14.9x | 32.4x | 0.6x |
| Mon, 13 Nov 2023 | AU$19.2b | AU$30.8b | AU$615.4m | 14x | 31.2x | 0.6x |
| Wed, 11 Oct 2023 | AU$19.3b | AU$30.8b | AU$615.4m | 14.3x | 31.4x | 0.6x |
| Fri, 08 Sep 2023 | AU$19.2b | AU$30.8b | AU$615.4m | 14.5x | 31.2x | 0.6x |
| Sun, 06 Aug 2023 | AU$18.9b | AU$28.9b | AU$365.8m | 14.9x | 51.6x | 0.7x |
| Tue, 04 Jul 2023 | AU$18.1b | AU$28.9b | AU$365.8m | 15.3x | 49.5x | 0.6x |
| Thu, 01 Jun 2023 | AU$18.2b | AU$28.9b | AU$365.8m | 15.3x | 49.8x | 0.6x |
| Sat, 29 Apr 2023 | AU$17.6b | AU$28.9b | AU$365.8m | 14.7x | 48.2x | 0.6x |
| Mon, 27 Mar 2023 | AU$9.0b | AU$18.5b | AU$371.8m | 14.8x | 24.2x | 0.5x |
| Wed, 22 Feb 2023 | AU$9.5b | AU$17.2b | AU$284.8m | 16.9x | 33.3x | 0.6x |
| Fri, 20 Jan 2023 | AU$9.4b | AU$16.9b | AU$291.1m | 18.4x | 32.4x | 0.6x |
| Sun, 18 Dec 2022 | AU$9.6b | AU$16.9b | AU$291.1m | 16.2x | 32.8x | 0.6x |
| Tue, 15 Nov 2022 | AU$9.4b | AU$16.9b | AU$291.1m | 17.1x | 32.4x | 0.6x |
| Thu, 13 Oct 2022 | AU$9.3b | AU$16.9b | AU$291.1m | 15.8x | 31.9x | 0.5x |
| Sat, 10 Sep 2022 | AU$10.5b | AU$16.9b | AU$291.1m | 16.7x | 36.1x | 0.6x |
| Mon, 08 Aug 2022 | AU$10.2b | AU$15.3b | AU$308.9m | 17.8x | 32.9x | 0.7x |
| Wed, 06 Jul 2022 | AU$8.9b | AU$15.3b | AU$308.9m | 16.4x | 28.7x | 0.6x |
| Fri, 03 Jun 2022 | AU$16.4b | AU$25.2b | AU$719.2m | 16.2x | 22.8x | 0.7x |
| Sun, 01 May 2022 | AU$17.6b | AU$25.2b | AU$719.2m | 16.7x | 24.4x | 0.7x |
| Tue, 29 Mar 2022 | AU$17.0b | AU$25.0b | AU$711.0m | 16.8x | 24x | 0.7x |
| Thu, 24 Feb 2022 | AU$15.0b | AU$24.7b | AU$706.5m | 14.5x | 21.2x | 0.6x |
| Sat, 22 Jan 2022 | AU$13.2b | AU$18.5b | -AU$977,763,900.00 | 15.3x | -13.5x | 0.7x |
| Mon, 20 Dec 2021 | AU$13.3b | AU$17.8b | -AU$995,552,946.00 | 15.2x | -13.3x | 0.7x |
| Wed, 17 Nov 2021 | AU$13.0b | AU$17.8b | -AU$995,552,946.00 | 15x | -13.1x | 0.7x |
| Fri, 15 Oct 2021 | AU$13.6b | AU$17.5b | -AU$894,324,323.00 | 16.1x | -15.2x | 0.8x |
| Sun, 12 Sep 2021 | AU$13.6b | AU$17.5b | -AU$894,467,323.00 | 15.2x | -15.2x | 0.8x |
| Tue, 10 Aug 2021 | AU$13.3b | AU$17.5b | -AU$894,467,323.00 | 14.4x | -14.8x | 0.8x |
| Mon, 03 May 2021 | AU$11.9b | AU$16.2b | -AU$1,013,919,382.00 | 14.4x | -11.8x | 0.7x |
Price to Earnings Ratio
-11.8x
Current Industry PE
- Investors are optimistic on the Australian Construction and Engineering industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.7x which is higher than its 3-year average PE of 20.6x.
- The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
- Total earnings for the Construction and Engineering industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 26% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Construction and Engineering compare with similar industries?
| AU Market | 0.42% | |
| Industrials | -0.35% | |
| Construction | 0.49% | |
| Construction and Engineering | 0.49% | |
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$2.86 | 3.2% +AU$41.0m | 18.7% | PE14.7x | |
| LYL Lycopodium | AU$11.83 | 5.7% +AU$25.4m | 11.7% | PE8.2x | |
| WOR Worley | AU$16.58 | 0.2% +AU$21.1m | 9.5% | PE36.1x | |
| VNT Ventia Services Group | AU$3.73 | 0.5% +AU$17.1m | 41.8% | PE16.8x | |
| MGH MAAS Group Holdings | AU$4.42 | 1.1% +AU$16.4m | 46.8% | PE19.2x |
