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Australian (ASX) Construction and Engineering Industry Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies20
  • 7D-3.7%
  • 3M10.1%
  • 1Y22.1%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has dropped 3.7%, driven by a pullback from Worley of 4.9%. Over the past 12 months, the industry was up 22%. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 24 Nov 2025AU$26.4bAU$33.8bAU$1.2b21.3x21.2x0.8x
Wed, 22 Oct 2025AU$28.0bAU$35.0bAU$1.3b22.2x22.1x0.8x
Fri, 19 Sep 2025AU$26.4bAU$35.0bAU$1.3b20.5x20.9x0.8x
Sun, 17 Aug 2025AU$24.6bAU$34.8bAU$1.3b18x18.7x0.7x
Tue, 15 Jul 2025AU$23.5bAU$34.7bAU$1.3b18.1x18.1x0.7x
Thu, 12 Jun 2025AU$22.4bAU$34.7bAU$1.3b16.4x17.2x0.6x
Sat, 10 May 2025AU$21.4bAU$34.7bAU$1.3b16.9x16.5x0.6x
Mon, 07 Apr 2025AU$20.3bAU$34.7bAU$1.3b15.1x15.6x0.6x
Wed, 05 Mar 2025AU$21.9bAU$34.7bAU$1.3b15.9x16.9x0.6x
Fri, 31 Jan 2025AU$22.6bAU$34.0bAU$1.2b16.9x19.4x0.7x
Sun, 29 Dec 2024AU$21.7bAU$34.9bAU$1.2b16.1x18.5x0.6x
Tue, 26 Nov 2024AU$22.0bAU$33.9bAU$1.1b18.7x20.2x0.7x
Thu, 24 Oct 2024AU$21.7bAU$33.5bAU$1.1b18.5x19.8x0.6x
Sat, 21 Sep 2024AU$21.7bAU$34.0bAU$1.1b16x19.5x0.6x
Mon, 19 Aug 2024AU$21.2bAU$32.8bAU$953.9m18x22.2x0.6x
Wed, 17 Jul 2024AU$21.0bAU$32.6bAU$942.3m16.1x22.3x0.6x
Fri, 14 Jun 2024AU$20.0bAU$32.6bAU$942.3m15.3x21.2x0.6x
Sun, 12 May 2024AU$20.6bAU$32.6bAU$942.3m15x21.8x0.6x
Tue, 09 Apr 2024AU$21.0bAU$32.3bAU$918.1m14.3x22.9x0.7x
Thu, 07 Mar 2024AU$21.1bAU$32.3bAU$918.1m14.7x23x0.7x
Sat, 03 Feb 2024AU$19.3bAU$30.8bAU$615.4m15.3x31.3x0.6x
Mon, 01 Jan 2024AU$20.5bAU$30.8bAU$615.4m15.4x33.4x0.7x
Wed, 29 Nov 2023AU$19.5bAU$30.8bAU$615.4m14.5x31.7x0.6x
Fri, 27 Oct 2023AU$18.8bAU$30.8bAU$615.4m13.9x30.6x0.6x
Sun, 24 Sep 2023AU$19.4bAU$30.8bAU$615.4m14.5x31.6x0.6x
Tue, 22 Aug 2023AU$19.0bAU$29.1bAU$358.1m15.1x53.1x0.7x
Thu, 20 Jul 2023AU$18.9bAU$28.9bAU$365.8m15.1x51.6x0.7x
Sat, 17 Jun 2023AU$17.9bAU$28.9bAU$365.8m14.6x49x0.6x
Mon, 15 May 2023AU$18.6bAU$28.9bAU$365.8m15.5x50.9x0.6x
Wed, 12 Apr 2023AU$17.6bAU$28.9bAU$365.8m14.3x48x0.6x
Fri, 10 Mar 2023AU$9.2bAU$18.5bAU$371.8m15.3x24.9x0.5x
Sun, 05 Feb 2023AU$9.5bAU$16.9bAU$291.1m18x32.5x0.6x
Tue, 03 Jan 2023AU$9.4bAU$16.9bAU$291.1m17.6x32.2x0.6x
Thu, 01 Dec 2022AU$9.8bAU$16.9bAU$291.1m16.6x33.5x0.6x
Price to Earnings Ratio

33.5x


Total Market Cap: AU$9.8bTotal Earnings: AU$291.1mTotal Revenue: AU$16.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Construction and Engineering Industry Price to Earnings3Y Average 27x202320242025
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 21.2x which is lower than its 3-year average PE of 27.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
  • The earnings for companies in the Construction and Engineering industry have grown 62% per year over the last three years.
  • Revenues for these companies have grown 26% 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 Market-2.48%
Industrials-1.88%
Construction-3.71%
Construction and Engineering-3.71%
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
MGH MAAS Group HoldingsAU$4.290.2%
+AU$3.6m		-3.8%PE21.6x
SND Saunders InternationalAU$0.802.6%
+AU$2.7m		-6.4%PE51.9x
CVL CivmecAU$1.380.4%
+AU$2.5m		5.3%PE16.5x
AJL AJ Lucas GroupAU$0.0111.1%
+AU$1.4m		25.0%PS0.09x
EVZ EVZAU$0.234.7%
+AU$1.2m		55.2%PE22.2x

Latest News

VNT
AU$5.71
Ventia Services Group
7D
-2.2%
1Y
22.8%

There's No Escaping Ventia Services Group Limited's (ASX:VNT) Muted Earnings

Nov 24
There's No Escaping Ventia Services Group Limited's (ASX:VNT) Muted Earnings
GNP
AU$6.18
GenusPlus Group
7D
-1.7%
1Y
141.4%

GenusPlus Group Ltd's (ASX:GNP) Shares May Have Run Too Fast Too Soon

Nov 23
GenusPlus Group Ltd's (ASX:GNP) Shares May Have Run Too Fast Too Soon
MGH
AU$4.29
MAAS Group Holdings
7D
0.2%
1Y
-3.8%

MGH: Ongoing Share Buybacks Are Expected To Improve Future Shareholder Returns

Analysts have slightly increased their price target for MAAS Group Holdings to $5.21 per share, citing minor adjustments to the discount rate and future earnings assumptions. Valuation Changes The Fair Value Estimate remains unchanged at A$5.21 per share.
TEA
AU$4.55
Tasmea
7D
-13.8%
1Y
56.9%
WOR
AU$13.23
Worley
7D
-4.7%
1Y
-6.6%

Is Worley Limited (ASX:WOR) Trading At A 24% Discount?

Nov 21
Is Worley Limited (ASX:WOR) Trading At A 24% Discount?
NWH
AU$5.00
NRW Holdings
7D
-1.8%
1Y
30.5%

NWH: Earnings Outlook and Dividend Will Continue to Support Fair Value

Analysts have reaffirmed their price target for NRW Holdings at $5.03, citing an unchanged growth outlook and profitability forecasts, even though there have been minor revisions to underlying assumptions. Valuation Changes Fair Value: Remains unchanged at A$5.03 per share.
SHA
AU$6.11
SHAPE Australia
7D
-7.0%
1Y
115.9%

SHA: Revenue Growth Will Drive Profit Margin Improvement This Year

Analysts have raised their price target for SHAPE Australia from $5.62 to $6.95. This change is attributed to improved revenue growth expectations, along with slight increases in forecasted profit margins and the discount rate.
SSM
AU$2.19
Service Stream
7D
-3.5%
1Y
32.7%
MND
AU$27.06
Monadelphous Group
7D
-2.5%
1Y
115.6%

MND: Rising Discount Rate and High P/E Will Challenge Future Returns

Analysts have raised their price target for Monadelphous Group from $20.41 to $21.82. This reflects improved expectations for revenue growth and profit margins.
EVZ
AU$0.23
EVZ
7D
4.7%
1Y
55.2%

Returns On Capital Are Showing Encouraging Signs At EVZ (ASX:EVZ)

Oct 28
Returns On Capital Are Showing Encouraging Signs At EVZ (ASX:EVZ)
REM
AU$0.04
RemSense Technologies
7D
5.3%
1Y
60.0%
SND
AU$0.80
Saunders International
7D
2.6%
1Y
-6.4%
CVL
AU$1.38
Civmec
7D
0.4%
1Y
5.3%
AJL
AU$0.01
AJ Lucas Group
7D
11.1%
1Y
25.0%