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Australian (ASX) Construction Industry Analysis

UpdatedJun 12, 2026
DataAggregated Company Financials
Companies21
  • 7D-1.7%
  • 3M24.3%
  • 1Y48.5%
  • YTD15.9%

Over the last 7 days, the Construction industry has dropped 1.7%, driven by Monadelphous Group declining 5.0%. This takes the industry's 12 month performance to a gain of 48%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Jun 2026AU$32.2bAU$35.4bAU$1.2b24.3x25.8x0.9x
Sun, 10 May 2026AU$29.6bAU$35.4bAU$1.2b21.8x23.8x0.8x
Tue, 07 Apr 2026AU$26.1bAU$35.4bAU$1.2b19.4x21x0.7x
Thu, 05 Mar 2026AU$27.6bAU$35.4bAU$1.2b22.1x22.2x0.8x
Sat, 31 Jan 2026AU$29.0bAU$33.8bAU$1.2b23.6x23.3x0.9x
Mon, 29 Dec 2025AU$27.9bAU$33.8bAU$1.2b22.1x22.4x0.8x
Wed, 26 Nov 2025AU$27.1bAU$33.8bAU$1.2b21.7x21.8x0.8x
Fri, 24 Oct 2025AU$27.0bAU$33.9bAU$1.2b23.1x22x0.8x
Sun, 21 Sep 2025AU$26.5bAU$35.0bAU$1.3b20.5x20.9x0.8x
Tue, 19 Aug 2025AU$24.7bAU$34.8bAU$1.3b18x18.8x0.7x
Thu, 17 Jul 2025AU$23.6bAU$34.7bAU$1.3b18.2x18.2x0.7x
Sat, 14 Jun 2025AU$22.5bAU$34.7bAU$1.3b16.7x17.3x0.6x
Mon, 12 May 2025AU$21.4bAU$34.7bAU$1.3b16.9x16.5x0.6x
Wed, 09 Apr 2025AU$19.6bAU$34.7bAU$1.3b14.9x15.1x0.6x
Fri, 07 Mar 2025AU$21.9bAU$34.7bAU$1.3b15.6x16.8x0.6x
Sun, 02 Feb 2025AU$22.7bAU$34.0bAU$1.2b17x19.5x0.7x
Tue, 31 Dec 2024AU$21.8bAU$34.9bAU$1.2b16.1x18.6x0.6x
Thu, 28 Nov 2024AU$21.9bAU$34.2bAU$1.1b17.4x19.5x0.6x
Sat, 26 Oct 2024AU$21.5bAU$33.5bAU$1.1b19.2x19.6x0.6x
Mon, 23 Sep 2024AU$21.3bAU$33.6bAU$1.1b16.2x19.6x0.6x
Wed, 21 Aug 2024AU$21.3bAU$32.5bAU$962.9m17.8x22.2x0.7x
Fri, 19 Jul 2024AU$21.1bAU$32.6bAU$942.3m16.3x22.4x0.6x
Sun, 16 Jun 2024AU$19.9bAU$32.6bAU$942.3m15x21.1x0.6x
Tue, 14 May 2024AU$20.6bAU$32.6bAU$942.3m15x21.8x0.6x
Thu, 11 Apr 2024AU$21.0bAU$32.3bAU$918.1m14.7x22.9x0.7x
Sat, 09 Mar 2024AU$21.3bAU$32.3bAU$918.1m14.6x23.2x0.7x
Mon, 05 Feb 2024AU$19.3bAU$30.8bAU$615.4m15.3x31.3x0.6x
Wed, 03 Jan 2024AU$20.5bAU$30.8bAU$615.4m15.6x33.4x0.7x
Fri, 01 Dec 2023AU$19.6bAU$30.8bAU$615.4m15x31.9x0.6x
Sun, 29 Oct 2023AU$18.8bAU$30.8bAU$615.4m14x30.5x0.6x
Tue, 26 Sep 2023AU$19.6bAU$30.8bAU$615.4m14.6x31.8x0.6x
Thu, 24 Aug 2023AU$19.3bAU$30.3bAU$572.3m15.3x33.8x0.6x
Sat, 22 Jul 2023AU$18.7bAU$28.9bAU$365.8m15.6x51.2x0.6x
Mon, 19 Jun 2023AU$17.9bAU$28.9bAU$365.8m14.6x49x0.6x
Price to Earnings Ratio

49x


Total Market Cap: AU$17.9bTotal Earnings: AU$365.8mTotal Revenue: AU$28.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Construction Industry Price to Earnings3Y Average 24.4x202420252026
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 24.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 50% per year over the last three years.
  • Revenues for these companies have grown 7.0% 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 Market-0.90%
Industrials1.68%
Construction-1.67%
Construction and Engineering-1.67%
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
VNT Ventia Services GroupAU$6.504.3%
+AU$220.8m		32.7%PE19.5x
TEA TasmeaAU$8.604.5%
+AU$96.7m		176.5%PE47.3x
CVL CivmecAU$1.855.1%
+AU$45.9m		69.7%PE25.1x
GNP GenusPlus GroupAU$10.261.8%
+AU$32.7m		208.1%PE40x
SSM Service StreamAU$2.471.2%
+AU$18.4m		27.6%PE28.6x

Latest News

BSA
AU$0.34
BSA
7D
13.6%
1Y
385.5%
WOR
AU$12.73
Worley
7D
-2.0%
1Y
-5.5%
Narrative Update • Jun 07

WOR: Energy Transition Backlog And Contracts Will Support Earnings Quality

Analysts have trimmed their price target on Worley by A$0.05 to reflect slightly updated assumptions around fair value, discount rate, profit margins and future P/E, while keeping revenue growth expectations unchanged. What's in the News Worley is being highlighted for its exposure to the global energy transition and infrastructure build, with a portfolio that includes low carbon hydrogen, carbon capture and battery materials projects, alongside legacy oil and gas work that supports cash flow.
GNP
AU$10.26
GenusPlus Group
7D
1.8%
1Y
208.1%
Narrative Update • Jun 07

GNP: Equity Raise And Refined Assumptions Will Shape Bullish Future Outlook

Analysts have increased their fair value estimate for GenusPlus Group from A$9.99 to A$12.17, reflecting updated assumptions on revenue growth, profit margins and a lower future P/E multiple in their valuation work. What's in the News GenusPlus Group has filed a follow-on equity offering of A$200.000004 million in ordinary shares.
MND
AU$28.98
Monadelphous Group
7D
-5.0%
1Y
64.7%
SXE
AU$4.02
Southern Cross Electrical Engineering
7D
-3.6%
1Y
143.6%
Narrative Update • Jun 07

SXE: Future Returns Will Depend On Sustained Margins Despite Overvaluation

Analysts have kept their A$3.59 price target for Southern Cross Electrical Engineering unchanged, citing only minor tweaks to the discount rate, revenue growth, profit margin and forward P/E assumptions that do not materially alter their overall valuation view. What's in the News No recent news items or key developments have been reported for Southern Cross Electrical Engineering in the sources provided.
TEA
AU$8.60
Tasmea
7D
4.5%
1Y
176.5%
NWH
AU$6.96
NRW Holdings
7D
-2.8%
1Y
138.4%
Narrative Update • Jun 05

NWH: Infrastructure Contracts And 2026 Meeting Will Support Balanced Outlook

The analyst price target for NRW Holdings has shifted from A$6.59 to A$6.77, with analysts pointing to updated assumptions around discount rates, revenue growth, profit margins, and future P/E as the key drivers behind this revision. What's in the News Fredon, a wholly owned subsidiary of NRW Holdings, secured about A$120 million in new infrastructure contracts across Victoria and Western Australia, according to recent company announcements.
SRG
AU$3.80
SRG Global
7D
-0.5%
1Y
150.8%
New Narrative • Jun 04

Long Term Infrastructure And ESG Tailwinds Will Support A$4.2b Work In Hand

Catalysts About SRG Global SRG Global is a diversified infrastructure services company that provides engineering led maintenance, construction and asset lifecycle solutions across multiple sectors in Australia and New Zealand. What are the underlying business or industry changes driving this perspective?
VNT
AU$6.50
Ventia Services Group
7D
4.3%
1Y
32.7%
Narrative Update • Jun 04

VNT: New Road Contracts And Capital Returns Will Support Future Performance

Analysts have nudged their price target for Ventia Services Group slightly higher to A$6.14 from A$6.11. The revision reflects updated views on revenue growth, profit margins, the discount rate and future P/E assumptions.
SHA
AU$6.49
SHAPE Australia
7D
-4.1%
1Y
79.8%
DUR
AU$2.63
Duratec
7D
-2.2%
1Y
82.6%
Narrative Update • Jun 01

DUR: Recent Buy Rating And Steady Metrics Will Support Future Upside

Analysts have inched their fair value estimate for Duratec up from A$2.90 to about A$2.90, aligning more closely with a new A$2.91 Street price target after recent coverage initiation that highlights continued share strength, albeit with uneven performance. What's in the News Analysts have set a new Street price target of A$2.91, which is now closely aligned with revised fair value estimates.
LYL
AU$15.62
Lycopodium
7D
-2.7%
1Y
50.2%
SSM
AU$2.47
Service Stream
7D
1.2%
1Y
27.6%
SYL
AU$2.68
Symal Group
7D
1.1%
1Y
62.4%
New Narrative • May 16

Data Center And Renewables Tailwinds Will Support Long Term Earnings Resilience

Catalysts About Symal Group Symal Group is an Australian construction and infrastructure contractor with a diversified presence across data centers, renewables, utilities, defense and community infrastructure. What are the underlying business or industry changes driving this perspective?
AJL
AU$0.009
AJ Lucas Group
7D
12.5%
1Y
50.0%
CVL
AU$1.85
Civmec
7D
5.1%
1Y
69.7%