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

Australian (ASX) Construction and Engineering Industry Analysis

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies20
  • 7D2.4%
  • 3M9.8%
  • 1Y37.0%
  • YTDn/a

In the last week, the Construction and Engineering industry is up 2.4%, with Worley up 4.2%. Meanwhile, Symal Group actually underperformed within the industry, shrinking 6.6% in the last week. This means that the industry has gained 37% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Jan 2026AU$28.4bAU$33.8bAU$1.2b22.4x22.8x0.8x
Wed, 10 Dec 2025AU$27.1bAU$33.8bAU$1.2b21.7x21.8x0.8x
Fri, 07 Nov 2025AU$27.0bAU$33.8bAU$1.2b22.4x21.7x0.8x
Sun, 05 Oct 2025AU$27.2bAU$35.0bAU$1.3b20.9x21.4x0.8x
Tue, 02 Sep 2025AU$25.8bAU$35.0bAU$1.3b18.6x20.4x0.7x
Thu, 31 Jul 2025AU$24.0bAU$34.7bAU$1.3b18.3x18.5x0.7x
Sat, 28 Jun 2025AU$23.0bAU$34.7bAU$1.3b17.8x17.7x0.7x
Mon, 26 May 2025AU$21.9bAU$34.7bAU$1.3b16.7x16.9x0.6x
Wed, 23 Apr 2025AU$19.5bAU$34.7bAU$1.3b15.2x15x0.6x
Fri, 21 Mar 2025AU$21.8bAU$34.7bAU$1.3b15.1x16.8x0.6x
Sun, 16 Feb 2025AU$22.8bAU$34.0bAU$1.2b17.1x19.6x0.7x
Tue, 14 Jan 2025AU$21.5bAU$34.0bAU$1.2b15.2x18.4x0.6x
Thu, 12 Dec 2024AU$22.0bAU$34.9bAU$1.2b16.2x18.7x0.6x
Sat, 09 Nov 2024AU$21.8bAU$33.5bAU$1.1b18.5x20x0.7x
Mon, 07 Oct 2024AU$21.6bAU$33.6bAU$1.1b16.2x19.9x0.6x
Wed, 04 Sep 2024AU$21.1bAU$32.9bAU$1.1b15.3x20.1x0.6x
Fri, 02 Aug 2024AU$21.7bAU$32.6bAU$937.5m18.6x23.1x0.7x
Sun, 30 Jun 2024AU$20.6bAU$32.6bAU$942.3m15.9x21.9x0.6x
Tue, 28 May 2024AU$20.5bAU$32.6bAU$942.3m15.3x21.7x0.6x
Thu, 25 Apr 2024AU$20.9bAU$32.3bAU$918.1m15.3x22.7x0.6x
Sat, 23 Mar 2024AU$21.0bAU$32.3bAU$918.1m14.1x22.8x0.7x
Mon, 19 Feb 2024AU$19.9bAU$30.8bAU$639.3m15.6x31.1x0.6x
Wed, 17 Jan 2024AU$19.6bAU$30.8bAU$615.4m14.9x31.9x0.6x
Fri, 15 Dec 2023AU$19.5bAU$30.8bAU$615.4m14.9x31.7x0.6x
Sun, 12 Nov 2023AU$19.2bAU$30.8bAU$615.4m14x31.2x0.6x
Tue, 10 Oct 2023AU$19.1bAU$30.8bAU$615.4m14x31.1x0.6x
Thu, 07 Sep 2023AU$19.4bAU$30.8bAU$615.4m14.6x31.5x0.6x
Sat, 05 Aug 2023AU$18.9bAU$28.9bAU$365.8m14.9x51.6x0.7x
Mon, 03 Jul 2023AU$18.0bAU$28.9bAU$365.8m15.4x49.3x0.6x
Wed, 31 May 2023AU$18.3bAU$28.9bAU$365.8m15.5x50.2x0.6x
Fri, 28 Apr 2023AU$17.6bAU$28.9bAU$365.8m14.4x48.2x0.6x
Sun, 26 Mar 2023AU$9.0bAU$18.5bAU$371.8m14.8x24.2x0.5x
Tue, 21 Feb 2023AU$9.5bAU$17.3bAU$285.8m16.8x33.1x0.5x
Thu, 19 Jan 2023AU$9.4bAU$16.9bAU$291.1m18.1x32.5x0.6x
Price to Earnings Ratio

32.5x


Total Market Cap: AU$9.4bTotal 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 26.5x202420252026
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 22.8x which is lower than its 3-year average PE of 26.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.65x.
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 Market0.16%
Industrials0.36%
Construction2.40%
Construction and Engineering2.40%
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
WOR WorleyAU$13.084.2%
+AU$268.3m		-5.4%PE16.2x
CVL CivmecAU$1.6714.0%
+AU$104.5m		26.5%PE20x
MGH MAAS Group HoldingsAU$5.814.7%
+AU$94.2m		24.1%PE29.2x
NWH NRW HoldingsAU$5.263.1%
+AU$73.5m		38.1%PE87.3x
VNT Ventia Services GroupAU$6.081.2%
+AU$62.5m		67.0%PE19.8x

Latest News

MGH
AU$5.81
MAAS Group Holdings
7D
4.7%
1Y
24.1%

MGH: Lower Discount Rate Will Still Leave Shares Looking Overvalued

Analysts have raised their price target for MAAS Group Holdings to A$5.28 from A$5.21, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. Valuation Changes Fair Value: fair value per share has moved slightly higher, from A$5.21 to A$5.28.
MND
AU$27.15
Monadelphous Group
7D
2.3%
1Y
86.3%

MND: Acquisition Push For Resilience Will Likely Sustain Downside Risk

Analysts have kept their fair value estimate for Monadelphous Group steady at A$23.39 per share, with only very small tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E informing the updated price target narrative. What's in the News Monadelphous Group plans to look for acquisitions, with management indicating an intention to pursue targeted acquisition opportunities to support long term growth (Key Developments).
VNT
AU$6.08
Ventia Services Group
7D
1.2%
1Y
67.0%

An Intrinsic Calculation For Ventia Services Group Limited (ASX:VNT) Suggests It's 31% Undervalued

Jan 09
An Intrinsic Calculation For Ventia Services Group Limited (ASX:VNT) Suggests It's 31% Undervalued
CVL
AU$1.67
Civmec
7D
14.0%
1Y
26.5%
VBC
AU$0.20
Verbrec
7D
-4.8%
1Y
48.1%

VBC: Small Holding Buyback Will Support Future Upside Potential

Analysts have maintained Verbrec's fair value estimate at A$0.44, incorporating only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, which together leave the overall price target effectively unchanged. What's in the News Verbrec Limited (ASX:VBC) has announced a share repurchase program focused on buying back Small Holdings, with the sale price set at the 10 day volume weighted average price of shares traded on ASX up to the closing date (company announcement).
DUR
AU$2.00
Duratec
7D
9.0%
1Y
43.9%

DUR: Acquisition Plans And Stable Margins Will Support Future Fairly Valued Outlook

Narrative Update on Duratec Analysts have modestly lifted their price target on Duratec, highlighting a slightly lower perceived risk profile and stable long term growth and margin assumptions. Together, these factors support a fair value estimate that remains close to A$1.97 per share.
NWH
AU$5.26
NRW Holdings
7D
3.1%
1Y
38.1%

NWH: Earnings Outlook And Dividend Will Continue To Support Fair Value

Analysts have nudged their price target for NRW Holdings slightly higher to align with its updated fair value of $5.23 per share, reflecting marginally stronger expectations for revenue growth and profit margins. Valuation Changes Fair Value: Unchanged at A$5.23 per share, indicating no material revision to the core valuation estimate.
SHA
AU$6.51
SHAPE Australia
7D
7.6%
1Y
124.5%

SHA: Future Earnings Multiple Will Support Stronger Earnings Performance This Year

Analysts have slightly reduced their price target for SHAPE Australia to approximately A$7.15 from A$7.17, reflecting modestly softer assumptions for long term revenue growth and profit margins, partially offset by a marginally higher future earnings multiple. Valuation Changes The fair value estimate has edged down slightly from A$7.17 to approximately A$7.15 per share.
WOR
AU$13.08
Worley
7D
4.2%
1Y
-5.4%
SSM
AU$2.15
Service Stream
7D
-3.6%
1Y
39.6%
SYL
AU$3.24
Symal Group
7D
-6.6%
1Y
90.6%
SXE
AU$2.40
Southern Cross Electrical Engineering
7D
-3.2%
1Y
67.8%
TEA
AU$4.08
Tasmea
7D
-2.6%
1Y
28.7%
REM
AU$0.039
RemSense Technologies
7D
-2.5%
1Y
56.0%