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Australian (ASX) Construction and Engineering Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies20
  • 7D3.2%
  • 3M16.8%
  • 1Y26.5%
  • YTDn/a

The Construction and Engineering industry is up 3.2% in the last week, with Monadelphous Group up 20%. This means that the industry has gained 26% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Nov 2025AU$27.7bAU$33.8bAU$1.2b20.5x22.3x0.8x
Wed, 15 Oct 2025AU$27.7bAU$35.0bAU$1.3b22x21.8x0.8x
Fri, 12 Sep 2025AU$26.2bAU$35.0bAU$1.3b19x20.7x0.7x
Sun, 10 Aug 2025AU$24.2bAU$34.8bAU$1.3b17.5x18.9x0.7x
Tue, 08 Jul 2025AU$23.0bAU$34.7bAU$1.3b17.9x17.7x0.7x
Thu, 05 Jun 2025AU$22.1bAU$34.7bAU$1.3b16.8x17x0.6x
Sat, 03 May 2025AU$20.7bAU$34.7bAU$1.3b16.9x15.9x0.6x
Mon, 31 Mar 2025AU$21.6bAU$34.7bAU$1.3b15.4x16.7x0.6x
Wed, 26 Feb 2025AU$21.9bAU$34.7bAU$1.2b16.4x18.1x0.6x
Fri, 24 Jan 2025AU$22.3bAU$34.0bAU$1.2b16.6x19.2x0.7x
Sun, 22 Dec 2024AU$21.3bAU$34.9bAU$1.2b15.8x18.2x0.6x
Tue, 19 Nov 2024AU$21.8bAU$33.5bAU$1.1b18.4x19.9x0.7x
Thu, 17 Oct 2024AU$21.8bAU$33.5bAU$1.1b18.6x19.9x0.6x
Sat, 14 Sep 2024AU$21.8bAU$34.0bAU$1.1b15.8x19.5x0.6x
Mon, 12 Aug 2024AU$20.5bAU$32.6bAU$937.5m18x21.8x0.6x
Wed, 10 Jul 2024AU$20.5bAU$32.6bAU$942.3m15.7x21.8x0.6x
Fri, 07 Jun 2024AU$20.3bAU$32.6bAU$942.3m15.5x21.5x0.6x
Sun, 05 May 2024AU$20.4bAU$32.6bAU$942.3m14.4x21.6x0.6x
Tue, 02 Apr 2024AU$21.2bAU$32.3bAU$918.1m14.3x23.1x0.7x
Thu, 29 Feb 2024AU$20.8bAU$32.2bAU$901.7m14.9x23x0.6x
Sat, 27 Jan 2024AU$19.2bAU$30.8bAU$615.4m15.1x31.2x0.6x
Mon, 25 Dec 2023AU$20.4bAU$30.8bAU$615.4m15.2x33.1x0.7x
Wed, 22 Nov 2023AU$19.5bAU$30.8bAU$615.4m13.9x31.8x0.6x
Fri, 20 Oct 2023AU$19.4bAU$30.8bAU$615.4m14.4x31.5x0.6x
Sun, 17 Sep 2023AU$19.4bAU$30.8bAU$615.4m14.4x31.5x0.6x
Tue, 15 Aug 2023AU$19.3bAU$28.9bAU$365.8m14.9x52.6x0.7x
Thu, 13 Jul 2023AU$18.1bAU$28.9bAU$365.8m15x49.4x0.6x
Sat, 10 Jun 2023AU$18.2bAU$28.9bAU$365.8m14.4x49.8x0.6x
Mon, 08 May 2023AU$17.9bAU$28.9bAU$365.8m15.1x49x0.6x
Wed, 05 Apr 2023AU$17.3bAU$28.9bAU$365.8m14.6x47.4x0.6x
Fri, 03 Mar 2023AU$9.2bAU$18.5bAU$372.4m14.9x24.7x0.5x
Sun, 29 Jan 2023AU$9.5bAU$16.9bAU$291.1m18.1x32.6x0.6x
Tue, 27 Dec 2022AU$9.4bAU$16.9bAU$291.1m17.8x32.4x0.6x
Thu, 24 Nov 2022AU$9.6bAU$16.9bAU$291.1m16x33.1x0.6x
Price to Earnings Ratio

33.1x


Total Market Cap: AU$9.6bTotal 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 27.1x202320242025
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 22.3x which is lower than its 3-year average PE of 27.1x.
  • 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-1.55%
Industrials-0.30%
Construction3.18%
Construction and Engineering3.18%
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
MND Monadelphous GroupAU$26.9719.8%
+AU$442.2m		117.1%PE32x
NWH NRW HoldingsAU$4.945.6%
+AU$119.5m		26.7%PE82x
TEA TasmeaAU$5.258.2%
+AU$101.6m		73.3%PE25.1x
WOR WorleyAU$13.771.0%
+AU$71.5m		-4.7%PE17.2x
SSM Service StreamAU$2.255.1%
+AU$67.4m		38.9%PE23.3x

Latest News

VNT
AU$5.79
Ventia Services Group
7D
1.2%
1Y
24.0%

VNT: Future Contracts And Steady Performance Will Drive Measured Gains Ahead

Narrative Update on Ventia Services Group Analysts have raised their price target for Ventia Services Group from $5.54 to $5.63. They cite subtle adjustments to discount rates and future earnings projections as the primary drivers behind the modest increase.
SRG
AU$2.58
SRG Global
7D
-3.0%
1Y
118.6%

SRG: Dividend Declaration And Acquisition Plans Will Support Balanced Outlook

Analysts have updated their price target for SRG Global, holding the fair value steady at $2.94 per share. Recent adjustments to the discount rate and future price-to-earnings ratio influence their outlook.
DUR
AU$1.82
Duratec
7D
-6.4%
1Y
18.6%

DUR: Stable Forecasts And Margins Will Support Balanced Future Performance

Duratec's analyst price target remains steady at $1.97, as analysts cite stability in key valuation factors, despite minor adjustments to forecast discount rates and future earnings multiples. Valuation Changes Consensus Analyst Price Target remains unchanged at A$1.97.
MND
AU$26.97
Monadelphous Group
7D
19.8%
1Y
117.1%

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.
SXE
AU$2.24
Southern Cross Electrical Engineering
7D
-0.9%
1Y
48.8%
MGH
AU$4.27
MAAS Group Holdings
7D
-2.3%
1Y
-5.7%

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

Analysts have raised their price target for MAAS Group Holdings from $5.10 to $5.21, citing improved revenue growth forecasts and an updated discount rate in their valuation models. What's in the News MAAS Group Holdings completed the repurchase of 191,846 shares between July 1, 2024 and January 3, 2025.
NWH
AU$4.94
NRW Holdings
7D
5.6%
1Y
26.7%

NWH: Earnings Guidance and Dividend to Support Fair Value Outlook

NRW Holdings' analyst consensus price target has been raised from $4.80 to $5.03. This reflects analysts' increased confidence in its fair value following updated financial assumptions.
WOR
AU$13.77
Worley
7D
1.0%
1Y
-4.7%
SHA
AU$6.48
SHAPE Australia
7D
12.5%
1Y
135.6%

SHA: Future Mergers And Higher Margins Will Support Balanced Outlook

Analysts have increased their price target for SHAPE Australia from $5.27 to $5.62. They cite higher projected revenue growth and improved profit margins as key drivers behind the upward revision.
LYL
AU$13.11
Lycopodium
7D
6.9%
1Y
26.9%
TEA
AU$5.25
Tasmea
7D
8.2%
1Y
73.3%

Do Tasmea's (ASX:TEA) Earnings Warrant Your Attention?

Oct 29
Do Tasmea's (ASX:TEA) Earnings Warrant Your Attention?
SYL
AU$2.43
Symal Group
7D
-0.4%
1Y
n/a
GNP
AU$6.55
GenusPlus Group
7D
-0.2%
1Y
151.0%
SSM
AU$2.25
Service Stream
7D
5.1%
1Y
38.9%

Record Contract Wins Will Secure Future Infrastructure And Utility Excellence

The consensus analyst price target for Service Stream has been raised from A$2.33 to A$2.58, primarily driven by a notable increase in revenue growth forecasts from 5.6% to 8.2% per annum. What's in the News Service Stream is reportedly among the bidders for UGL’s $1 billion transport division, a deal that could significantly expand Service Stream’s scale and service capabilities.
AJL
AU$0.009
AJ Lucas Group
7D
-10.0%
1Y
28.6%