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

Australian (ASX) Construction Industry Analysis

UpdatedJul 29, 2026
DataAggregated Company Financials
Companies22
  • 7D-2.2%
  • 3M10.1%
  • 1Y35.8%
  • YTD10.9%

Over the last 7 days, the Construction industry has dropped 2.2%, driven by a pullback from Tasmea of 12%. In the past year, the industry has gained 36%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 29 Jul 2026AU$32.2bAU$37.1bAU$1.3b23.7x24.4x0.9x
Fri, 26 Jun 2026AU$33.0bAU$35.4bAU$1.2b26.6x26.5x0.9x
Sun, 24 May 2026AU$30.5bAU$35.4bAU$1.2b24.1x24.5x0.9x
Tue, 21 Apr 2026AU$27.6bAU$35.4bAU$1.2b20.9x22.1x0.8x
Thu, 19 Mar 2026AU$26.4bAU$35.4bAU$1.2b22.2x21.2x0.7x
Sat, 14 Feb 2026AU$27.4bAU$33.7bAU$1.2b22.8x22.1x0.8x
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
Price to Earnings Ratio

51.6x


Total Market Cap: AU$18.9bTotal Earnings: AU$365.8mTotal Revenue: AU$28.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Construction Industry Price to Earnings3Y Average 23.4x202420252026
Current Industry PE
  • Investors are relatively neutral on the Australian Construction industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 53% per year over the last three years.
  • Revenues for these companies have grown 8.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Industrials industry?

AU Market1.47%
Industrials0.014%
Construction-2.22%
Construction and Engineering-2.22%
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
CVL CivmecAU$1.731.8%
+AU$15.3m		43.6%PE23.5x
FWD FleetwoodAU$2.303.6%
+AU$7.2m		-13.9%PE11.2x
SYL Symal GroupAU$2.740.7%
+AU$4.8m		56.6%PE13.6x
SHA SHAPE AustraliaAU$6.600.5%
+AU$2.5m		63.8%PE21.4x
AJL AJ Lucas GroupAU$0.0095.9%
+AU$687.9k		50.0%PE0.4x

Latest News

SXE
AU$4.02
Southern Cross Electrical Engineering
7D
-14.5%
1Y
127.8%
GNP
AU$8.30
GenusPlus Group
7D
-9.0%
1Y
84.0%
MGH
AU$5.04
MAAS Group Holdings
7D
-9.2%
1Y
21.7%
FWD
AU$2.30
Fleetwood
7D
3.6%
1Y
-13.9%
Narrative Update • Jul 22

FWD: Cost Reductions From Restructuring Will Support Future Upside

Analysts have lowered their fair value estimate for Fleetwood from A$3.46 to A$2.69. They now expect lower revenue growth, even though they forecast slightly higher profit margins and a modestly reduced future P/E multiple.
TEA
AU$8.21
Tasmea
7D
-12.0%
1Y
121.9%
NWH
AU$6.95
NRW Holdings
7D
-1.3%
1Y
114.5%
Narrative Update • Jul 09

nan

Analysts have lifted their price target for NRW Holdings to A$6.30 from A$4.52, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that together support a higher assessed fair value. What’s in the News for NRW Holdings No recent company specific news items for NRW Holdings have been provided in the available sources.
VNT
AU$5.93
Ventia Services Group
7D
-0.8%
1Y
14.5%
CVL
AU$1.73
Civmec
7D
1.8%
1Y
43.6%
SHA
AU$6.60
SHAPE Australia
7D
0.5%
1Y
63.8%
SYL
AU$2.74
Symal Group
7D
0.7%
1Y
56.6%
SRG
AU$3.34
SRG Global
7D
-4.8%
1Y
101.2%
Narrative Update • Jun 17

SRG: Contract Wins And Guidance Uplift Will Shape Fairly Valued Shares

Analysts have lifted their fair value estimate for SRG Global to about A$3.89 from roughly A$3.34, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples, along with recent Street research including a new A$3.15 target from Goldman Sachs coverage initiation. What’s in the News for SRG Global SRG Global announced A$1.85b in new contract wins across nine sectors, including water infrastructure, defence, energy, industrial services, digital infrastructure and resources, with blue chip clients such as Fortescue, Origin Energy, Alcoa and Queensland’s Gympie Regional Council.
SSM
AU$2.42
Service Stream
7D
-5.1%
1Y
21.9%
AJL
AU$0.009
AJ Lucas Group
7D
5.9%
1Y
50.0%