Narrative Update • May 29

Over the last 7 days, the Construction industry has risen 4.3%, and Tasmea contributed the most with a gain of 15%. This means that the industry has gained 50% over the past year. Looking forward, earnings are forecast to grow by 17% annually.
Has the Australian Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 01 Jun 2026 | AU$31.8b | AU$35.4b | AU$1.2b | 23.6x | 25.5x | 0.9x |
| Wed, 29 Apr 2026 | AU$27.9b | AU$35.4b | AU$1.2b | 20.6x | 22.4x | 0.8x |
| Fri, 27 Mar 2026 | AU$26.7b | AU$35.4b | AU$1.2b | 21x | 21.4x | 0.8x |
| Sun, 22 Feb 2026 | AU$29.0b | AU$34.1b | AU$1.3b | 23x | 23.1x | 0.9x |
| Tue, 20 Jan 2026 | AU$29.4b | AU$33.8b | AU$1.2b | 22.6x | 23.6x | 0.9x |
| Thu, 18 Dec 2025 | AU$27.0b | AU$33.8b | AU$1.2b | 22x | 21.7x | 0.8x |
| Sat, 15 Nov 2025 | AU$27.4b | AU$33.8b | AU$1.2b | 21.5x | 22x | 0.8x |
| Mon, 13 Oct 2025 | AU$27.7b | AU$35.0b | AU$1.3b | 21.6x | 21.9x | 0.8x |
| Wed, 10 Sep 2025 | AU$25.9b | AU$35.0b | AU$1.3b | 18.9x | 20.4x | 0.7x |
| Fri, 08 Aug 2025 | AU$24.3b | AU$34.8b | AU$1.3b | 17.8x | 18.9x | 0.7x |
| Sun, 06 Jul 2025 | AU$23.1b | AU$34.7b | AU$1.3b | 18.1x | 17.8x | 0.7x |
| Tue, 03 Jun 2025 | AU$21.8b | AU$34.7b | AU$1.3b | 16.1x | 16.8x | 0.6x |
| Thu, 01 May 2025 | AU$20.6b | AU$34.7b | AU$1.3b | 16.2x | 15.9x | 0.6x |
| Sat, 29 Mar 2025 | AU$21.6b | AU$34.7b | AU$1.3b | 15.4x | 16.7x | 0.6x |
| Mon, 24 Feb 2025 | AU$22.7b | AU$34.6b | AU$1.2b | 16.7x | 18.7x | 0.7x |
| Wed, 22 Jan 2025 | AU$22.0b | AU$34.0b | AU$1.2b | 16x | 18.9x | 0.6x |
| Fri, 20 Dec 2024 | AU$21.2b | AU$34.9b | AU$1.2b | 15.8x | 18.1x | 0.6x |
| Sun, 17 Nov 2024 | AU$21.7b | AU$33.5b | AU$1.1b | 18.1x | 19.9x | 0.6x |
| Tue, 15 Oct 2024 | AU$21.7b | AU$33.5b | AU$1.1b | 18.5x | 19.9x | 0.6x |
| Thu, 12 Sep 2024 | AU$21.3b | AU$34.0b | AU$1.1b | 15.6x | 19.1x | 0.6x |
| Sat, 10 Aug 2024 | AU$20.5b | AU$32.6b | AU$937.5m | 18x | 21.8x | 0.6x |
| Mon, 08 Jul 2024 | AU$20.5b | AU$32.6b | AU$942.3m | 15.8x | 21.8x | 0.6x |
| Wed, 05 Jun 2024 | AU$20.2b | AU$32.6b | AU$942.3m | 15.4x | 21.4x | 0.6x |
| Fri, 03 May 2024 | AU$20.0b | AU$32.6b | AU$942.3m | 15.3x | 21.3x | 0.6x |
| Sun, 31 Mar 2024 | AU$21.2b | AU$32.3b | AU$918.1m | 14.3x | 23.1x | 0.7x |
| Tue, 27 Feb 2024 | AU$20.5b | AU$31.5b | AU$698.6m | 14.4x | 29.3x | 0.6x |
| Thu, 25 Jan 2024 | AU$19.6b | AU$30.8b | AU$615.4m | 15x | 31.9x | 0.6x |
| Sat, 23 Dec 2023 | AU$20.4b | AU$30.8b | AU$615.4m | 15.2x | 33.1x | 0.7x |
| Mon, 20 Nov 2023 | AU$19.5b | AU$30.8b | AU$615.4m | 14.1x | 31.6x | 0.6x |
| Wed, 18 Oct 2023 | AU$19.6b | AU$30.8b | AU$615.4m | 14.2x | 31.8x | 0.6x |
| Fri, 15 Sep 2023 | AU$19.2b | AU$30.8b | AU$615.4m | 14.1x | 31.3x | 0.6x |
| Sun, 13 Aug 2023 | AU$19.2b | AU$28.9b | AU$365.8m | 14.7x | 52.6x | 0.7x |
| Tue, 11 Jul 2023 | AU$18.0b | AU$28.9b | AU$365.8m | 15x | 49.2x | 0.6x |
| Thu, 08 Jun 2023 | AU$18.4b | AU$28.9b | AU$365.8m | 14.7x | 50.2x | 0.6x |
50.2x
Which industries have driven the changes within the Australian Industrials industry?
| AU Market | 0.98% | |
| Industrials | 2.28% | |
| Construction | 4.25% | |
| Construction and Engineering | 4.25% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TEA Tasmea | AU$7.05 | 15.4% +AU$245.8m | 135.8% | PE38.8x | |
| NWH NRW Holdings | AU$7.63 | 7.0% +AU$229.7m | 172.5% | PE71.9x | |
| WOR Worley | AU$12.94 | 3.7% +AU$225.4m | -0.6% | PE18.4x | |
| MND Monadelphous Group | AU$31.06 | 3.4% +AU$103.1m | 80.1% | PE29.3x | |
| LYL Lycopodium | AU$14.82 | 14.9% +AU$75.1m | 37.2% | PE16.5x |