Narrative Update • Aug 20

Last week, the Construction and Engineering industry hasn't moved much but NRW Holdings is up 8.2% in that time. The past year has been better, since the industry has gained 35% in that time. Looking forward, earnings are forecast to grow by 15% annually.
Has the Australian Construction and Engineering Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 27 Aug 2026 | AU$32.8b | AU$37.8b | AU$1.4b | 21.7x | 24.1x | 0.9x |
| Sat, 25 Jul 2026 | AU$32.3b | AU$37.1b | AU$1.3b | 23.6x | 24.5x | 0.9x |
| Mon, 22 Jun 2026 | AU$32.9b | AU$35.4b | AU$1.2b | 27x | 26.4x | 0.9x |
| Wed, 20 May 2026 | AU$30.4b | AU$35.4b | AU$1.2b | 24.3x | 24.4x | 0.9x |
| Fri, 17 Apr 2026 | AU$27.2b | AU$35.4b | AU$1.2b | 20.9x | 21.9x | 0.8x |
| Sun, 15 Mar 2026 | AU$26.0b | AU$35.4b | AU$1.2b | 21.4x | 20.8x | 0.7x |
| Tue, 10 Feb 2026 | AU$27.7b | AU$33.8b | AU$1.2b | 22.7x | 22.3x | 0.8x |
| Thu, 08 Jan 2026 | AU$28.2b | AU$33.8b | AU$1.2b | 22.1x | 22.6x | 0.8x |
| Sat, 06 Dec 2025 | AU$27.5b | AU$33.8b | AU$1.2b | 22x | 22.1x | 0.8x |
| Mon, 03 Nov 2025 | AU$27.7b | AU$33.8b | AU$1.2b | 22.6x | 22.2x | 0.8x |
| Wed, 01 Oct 2025 | AU$26.7b | AU$35.0b | AU$1.3b | 20.6x | 21.1x | 0.8x |
| Fri, 29 Aug 2025 | AU$26.0b | AU$35.3b | AU$1.3b | 18.3x | 20x | 0.7x |
| Sun, 27 Jul 2025 | AU$23.5b | AU$34.7b | AU$1.3b | 17.9x | 18.1x | 0.7x |
| Tue, 24 Jun 2025 | AU$22.5b | AU$34.7b | AU$1.3b | 18.1x | 17.3x | 0.6x |
| Thu, 22 May 2025 | AU$22.0b | AU$34.7b | AU$1.3b | 17.3x | 16.9x | 0.6x |
| Sat, 19 Apr 2025 | AU$19.8b | AU$34.7b | AU$1.3b | 15.3x | 15.2x | 0.6x |
| Mon, 17 Mar 2025 | AU$21.2b | AU$34.7b | AU$1.3b | 15x | 16.3x | 0.6x |
| Wed, 12 Feb 2025 | AU$22.8b | AU$34.0b | AU$1.2b | 17.3x | 19.6x | 0.7x |
| Fri, 10 Jan 2025 | AU$21.7b | AU$34.0b | AU$1.2b | 16.2x | 18.6x | 0.6x |
| Sun, 08 Dec 2024 | AU$22.0b | AU$34.9b | AU$1.2b | 16.4x | 18.8x | 0.6x |
| Tue, 05 Nov 2024 | AU$21.3b | AU$33.5b | AU$1.1b | 18.9x | 19.5x | 0.6x |
| Thu, 03 Oct 2024 | AU$22.2b | AU$34.0b | AU$1.1b | 15.9x | 19.9x | 0.7x |
| Sat, 31 Aug 2024 | AU$21.4b | AU$32.8b | AU$1.1b | 17.8x | 20.3x | 0.7x |
| Mon, 29 Jul 2024 | AU$21.4b | AU$32.6b | AU$942.3m | 17.3x | 22.7x | 0.7x |
| Wed, 26 Jun 2024 | AU$20.4b | AU$32.6b | AU$942.3m | 15.9x | 21.6x | 0.6x |
| Fri, 24 May 2024 | AU$20.3b | AU$32.6b | AU$942.3m | 14.5x | 21.5x | 0.6x |
| Sun, 21 Apr 2024 | AU$20.5b | AU$32.3b | AU$918.1m | 14.9x | 22.3x | 0.6x |
| Tue, 19 Mar 2024 | AU$20.8b | AU$32.3b | AU$918.1m | 13.7x | 22.6x | 0.6x |
| Thu, 15 Feb 2024 | AU$19.7b | AU$30.6b | AU$626.1m | 15.5x | 31.5x | 0.6x |
| Sat, 13 Jan 2024 | AU$19.8b | AU$30.8b | AU$615.4m | 15x | 32.2x | 0.6x |
| Mon, 11 Dec 2023 | AU$19.5b | AU$30.8b | AU$615.4m | 14.7x | 31.6x | 0.6x |
| Wed, 08 Nov 2023 | AU$19.3b | AU$30.8b | AU$615.4m | 14x | 31.4x | 0.6x |
| Fri, 06 Oct 2023 | AU$19.7b | AU$30.8b | AU$615.4m | 14.2x | 32x | 0.6x |
| Sun, 03 Sep 2023 | AU$19.7b | AU$30.8b | AU$615.4m | 15.3x | 32x | 0.6x |
32x
How does Australian Construction and Engineering compare with similar industries?
| AU Market | 0.76% | |
| Industrials | -0.94% | |
| Construction | -2.79% | |
| Construction and Engineering | -2.79% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TEA Tasmea | AU$9.81 | 6.1% +AU$146.4m | 145.9% | PE53.9x | |
| NWH NRW Holdings | AU$7.72 | 1.7% +AU$59.7m | 99.5% | PE23.1x | |
| SHA SHAPE Australia | AU$7.34 | 4.9% +AU$36.3m | 76.4% | PE19.5x | |
| FWD Fleetwood | AU$2.77 | 15.4% +AU$33.3m | -4.5% | PE13.5x | |
| FDC FDC Consolidated Holdings | AU$3.80 | 2.7% +AU$32.3m | n/a | PE17.2x |