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Australian (ASX) Construction Industry Analysis

UpdatedJan 27, 2026
DataAggregated Company Financials
Companies20
  • 7D0.09%
  • 3M6.8%
  • 1Y36.6%
  • YTD4.4%

Over the last 7 days, the Construction industry has dropped 2.0%, driven by a pullback from Ventia Services Group of 8.5%. In contrast, GenusPlus Group has gained 6.7%. This takes the industry's 12 month performance to a gain of 36%. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 27 Jan 2026AU$29.0bAU$33.8bAU$1.2b23.4x23.3x0.9x
Thu, 25 Dec 2025AU$27.9bAU$33.8bAU$1.2b22.1x22.4x0.8x
Sat, 22 Nov 2025AU$26.4bAU$33.8bAU$1.2b21.3x21.2x0.8x
Mon, 20 Oct 2025AU$27.7bAU$35.0bAU$1.3b21.8x21.9x0.8x
Wed, 17 Sep 2025AU$26.6bAU$35.0bAU$1.3b20.6x21x0.8x
Fri, 15 Aug 2025AU$24.3bAU$34.8bAU$1.3b17.7x18.5x0.7x
Sun, 13 Jul 2025AU$23.5bAU$34.7bAU$1.3b18.2x18.1x0.7x
Tue, 10 Jun 2025AU$22.1bAU$34.7bAU$1.3b17.1x17x0.6x
Thu, 08 May 2025AU$20.7bAU$34.7bAU$1.3b16.7x16x0.6x
Sat, 05 Apr 2025AU$20.3bAU$34.7bAU$1.3b15.1x15.6x0.6x
Mon, 03 Mar 2025AU$22.6bAU$34.7bAU$1.3b16.5x17.4x0.6x
Wed, 29 Jan 2025AU$22.5bAU$34.0bAU$1.2b16.8x19.3x0.7x
Fri, 27 Dec 2024AU$21.7bAU$34.9bAU$1.2b16x18.5x0.6x
Sun, 24 Nov 2024AU$22.2bAU$33.9bAU$1.1b18.5x20.3x0.7x
Tue, 22 Oct 2024AU$22.1bAU$33.5bAU$1.1b19.5x20.2x0.7x
Thu, 19 Sep 2024AU$21.6bAU$34.0bAU$1.1b15.8x19.4x0.6x
Sat, 17 Aug 2024AU$21.2bAU$32.8bAU$953.9m18x22.2x0.6x
Mon, 15 Jul 2024AU$21.0bAU$32.6bAU$942.3m16.1x22.3x0.6x
Wed, 12 Jun 2024AU$20.3bAU$32.6bAU$942.3m15.2x21.5x0.6x
Fri, 10 May 2024AU$20.6bAU$32.6bAU$942.3m15x21.8x0.6x
Sun, 07 Apr 2024AU$20.9bAU$32.3bAU$918.1m14.3x22.8x0.6x
Tue, 05 Mar 2024AU$21.2bAU$32.3bAU$918.1m14.2x23.1x0.7x
Thu, 01 Feb 2024AU$19.3bAU$30.8bAU$615.4m15.6x31.3x0.6x
Sat, 30 Dec 2023AU$20.5bAU$30.8bAU$615.4m15.4x33.4x0.7x
Mon, 27 Nov 2023AU$19.6bAU$30.8bAU$615.4m14x31.9x0.6x
Wed, 25 Oct 2023AU$19.0bAU$30.8bAU$615.4m14.1x30.9x0.6x
Fri, 22 Sep 2023AU$19.3bAU$30.8bAU$615.4m14.5x31.4x0.6x
Sun, 20 Aug 2023AU$19.0bAU$29.1bAU$358.1m15.4x53.1x0.7x
Tue, 18 Jul 2023AU$18.8bAU$28.9bAU$365.8m15x51.3x0.6x
Thu, 15 Jun 2023AU$18.2bAU$28.9bAU$365.8m14.6x49.6x0.6x
Sat, 13 May 2023AU$18.6bAU$28.9bAU$365.8m15.5x50.9x0.6x
Mon, 10 Apr 2023AU$17.2bAU$28.9bAU$365.8m14.1x47.1x0.6x
Wed, 08 Mar 2023AU$9.3bAU$18.5bAU$371.8m15.4x25.1x0.5x
Fri, 03 Feb 2023AU$9.4bAU$16.9bAU$291.1m18x32.4x0.6x
Price to Earnings Ratio

32.4x


Total Market Cap: AU$9.4bTotal Earnings: AU$291.1mTotal Revenue: AU$16.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Construction Industry Price to Earnings3Y Average 26.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Construction 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 23.3x which is lower than its 3-year average PE of 26.4x.
  • 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 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 Trends

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

AU Market0.57%
Industrials-0.69%
Construction0.085%
Construction and Engineering0.085%
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$29.913.1%
+AU$90.0m		94.7%PE35.7x
GNP GenusPlus GroupAU$7.766.7%
+AU$88.9m		182.2%PE39.8x
NWH NRW HoldingsAU$5.403.4%
+AU$82.7m		58.8%PE89.7x
SSM Service StreamAU$2.264.1%
+AU$55.1m		48.2%PE23.4x
TEA TasmeaAU$4.403.8%
+AU$41.6m		46.2%PE21.6x

Latest News

SRG
AU$3.00
SRG Global
7D
-2.6%
1Y
107.6%

SRG: Future Outlook Will Reflect Steady Assumptions And Fairly Valued Expectations

Analysts have nudged their price target for SRG Global slightly higher to around A$3.03 from about A$3.02, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples. Valuation Changes Fair Value: Adjusted marginally higher from A$3.022 to A$3.032 per share.
VNT
AU$5.83
Ventia Services Group
7D
-7.2%
1Y
50.3%

Returns On Capital Are A Standout For Ventia Services Group (ASX:VNT)

Jan 24
Returns On Capital Are A Standout For Ventia Services Group (ASX:VNT)
MND
AU$29.91
Monadelphous Group
7D
3.1%
1Y
94.7%

MND: Acquisition-Led Expansion Will Likely Sustain Downside Risk Despite Higher Fair Value Estimate

Analysts have lifted their price target on Monadelphous Group to A$24.05 from A$23.39, citing updated assumptions around revenue growth, discount rates, profit margins and future P/E as the key drivers of their revised view. What's in the News At the 2025 Annual General Meeting, Managing Director Zoran Bebic said Monadelphous Group will look for acquisitions, supported by what he described as a strong balance sheet.
GNP
AU$7.76
GenusPlus Group
7D
6.7%
1Y
182.2%
CVL
AU$1.68
Civmec
7D
3.1%
1Y
27.3%
NWH
AU$5.40
NRW Holdings
7D
3.4%
1Y
58.8%
SXE
AU$2.44
Southern Cross Electrical Engineering
7D
-1.2%
1Y
71.2%
DUR
AU$2.19
Duratec
7D
-2.2%
1Y
46.5%

Duratec Limited's (ASX:DUR) Shares Climb 25% But Its Business Is Yet to Catch Up

Jan 20
Duratec Limited's (ASX:DUR) Shares Climb 25% But Its Business Is Yet to Catch Up
WOR
AU$13.01
Worley
7D
0.4%
1Y
-10.4%

WOR: Updated FY2026 Guidance Will Support A More Positive Outlook

Analysts have reduced their price target for Worley to A$16.51 from A$17.01, citing updated assumptions for revenue growth, profit margins, the discount rate and future P/E multiples. What's in the News Worley issued new earnings guidance for the full year 2026, giving investors an updated view on expected performance.
SHA
AU$6.78
SHAPE Australia
7D
4.3%
1Y
127.5%

SHA: Steady Assumptions Suggest Future Earnings Multiple Will Sustain Fair Value

Analysts have maintained their price target for SHAPE Australia at A$7.15. This reflects only marginal adjustments to inputs such as the discount rate, revenue growth, profit margin, and assumed future P/E, which they view as broadly offsetting each other in the current valuation work.
SSM
AU$2.26
Service Stream
7D
4.1%
1Y
48.2%
LYL
AU$15.05
Lycopodium
7D
-2.3%
1Y
34.4%
TEA
AU$4.40
Tasmea
7D
3.8%
1Y
46.2%
EVZ
AU$0.23
EVZ
7D
-2.2%
1Y
28.6%

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

Oct 28
Returns On Capital Are Showing Encouraging Signs At EVZ (ASX:EVZ)