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Australian (ASX) Construction Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies21
  • 7D1.3%
  • 3M24.7%
  • 1Y50.8%
  • YTD18.6%

Over the last 7 days, the Construction industry has risen 1.3%, driven by gains from Southern Cross Electrical Engineering of 14%. In the last 12 months, the industry was up 51%. 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
Sun, 21 Jun 2026AU$32.9bAU$35.4bAU$1.2b27x26.4x0.9x
Tue, 19 May 2026AU$30.2bAU$35.4bAU$1.2b24.7x24.2x0.9x
Thu, 16 Apr 2026AU$26.8bAU$35.4bAU$1.2b20.2x21.5x0.8x
Sat, 14 Mar 2026AU$26.0bAU$35.4bAU$1.2b21.4x20.9x0.7x
Mon, 09 Feb 2026AU$26.8bAU$33.8bAU$1.2b22x21.5x0.8x
Wed, 07 Jan 2026AU$28.4bAU$33.8bAU$1.2b22.1x22.8x0.8x
Fri, 05 Dec 2025AU$27.4bAU$33.8bAU$1.2b22.5x22x0.8x
Sun, 02 Nov 2025AU$27.6bAU$33.8bAU$1.2b22.6x22.2x0.8x
Tue, 30 Sep 2025AU$26.9bAU$35.0bAU$1.3b20.5x21.2x0.8x
Thu, 28 Aug 2025AU$25.7bAU$35.3bAU$1.3b17.7x19.7x0.7x
Sat, 26 Jul 2025AU$23.5bAU$34.7bAU$1.3b17.9x18.1x0.7x
Mon, 23 Jun 2025AU$22.6bAU$34.7bAU$1.3b17.8x17.4x0.7x
Wed, 21 May 2025AU$21.8bAU$34.7bAU$1.3b16.4x16.8x0.6x
Fri, 18 Apr 2025AU$19.8bAU$34.7bAU$1.3b15.3x15.2x0.6x
Sun, 16 Mar 2025AU$21.2bAU$34.7bAU$1.3b15x16.3x0.6x
Tue, 11 Feb 2025AU$22.7bAU$34.0bAU$1.2b17.3x19.4x0.7x
Thu, 09 Jan 2025AU$21.7bAU$34.0bAU$1.2b16x18.6x0.6x
Sat, 07 Dec 2024AU$22.0bAU$34.9bAU$1.2b16.4x18.8x0.6x
Mon, 04 Nov 2024AU$21.2bAU$33.5bAU$1.1b19.1x19.4x0.6x
Wed, 02 Oct 2024AU$22.2bAU$34.0bAU$1.1b15.9x19.9x0.7x
Fri, 30 Aug 2024AU$21.3bAU$32.8bAU$1.1b16.5x20x0.6x
Sun, 28 Jul 2024AU$21.4bAU$32.6bAU$942.3m17.3x22.7x0.7x
Tue, 25 Jun 2024AU$20.2bAU$32.6bAU$942.3m16.1x21.5x0.6x
Thu, 23 May 2024AU$20.3bAU$32.6bAU$942.3m14.4x21.5x0.6x
Sat, 20 Apr 2024AU$20.7bAU$32.3bAU$918.1m14.9x22.6x0.6x
Mon, 18 Mar 2024AU$21.0bAU$32.3bAU$918.1m13.9x22.8x0.6x
Wed, 14 Feb 2024AU$19.9bAU$30.6bAU$626.1m15.7x31.7x0.6x
Fri, 12 Jan 2024AU$20.1bAU$30.8bAU$615.4m15.2x32.6x0.7x
Sun, 10 Dec 2023AU$19.5bAU$30.8bAU$615.4m14.7x31.6x0.6x
Tue, 07 Nov 2023AU$19.1bAU$30.8bAU$615.4m14x31x0.6x
Thu, 05 Oct 2023AU$19.7bAU$30.8bAU$615.4m13.9x32x0.6x
Sat, 02 Sep 2023AU$19.7bAU$30.8bAU$615.4m15.3x32x0.6x
Mon, 31 Jul 2023AU$19.0bAU$28.9bAU$365.8m15x52x0.7x
Wed, 28 Jun 2023AU$17.7bAU$28.9bAU$365.8m15.2x48.4x0.6x
Price to Earnings Ratio

48.4x


Total Market Cap: AU$17.7bTotal Earnings: AU$365.8mTotal Revenue: AU$28.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Construction Industry Price to Earnings3Y Average 24.2x202420252026
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 24.2x.
  • 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 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 Market0.56%
Industrials0.64%
Construction1.28%
Construction and Engineering1.28%
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
SXE Southern Cross Electrical EngineeringAU$4.6014.4%
+AU$154.3m		164.4%PE451.8x
LYL LycopodiumAU$18.4618.2%
+AU$111.1m		76.3%PE20.5x
SRG SRG GlobalAU$3.974.5%
+AU$106.5m		151.3%PE45.1x
CVL CivmecAU$2.007.8%
+AU$73.9m		85.6%PE27.1x
VNT Ventia Services GroupAU$6.591.4%
+AU$73.6m		31.8%PE19.8x

Latest News

BSA
AU$0.31
BSA
7D
-7.5%
1Y
248.3%
VNT
AU$6.59
Ventia Services Group
7D
1.4%
1Y
31.8%
Narrative Update • Jun 19

VNT: New Long-Term Contracts And Steady Outlook Will Support Future Performance

Analysts have nudged their price target for Ventia Services Group slightly higher to A$6.17, reflecting modest adjustments to fair value estimates, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News for Ventia Services Group Ventia Services Group secured a Road Maintenance and Renewal Services contract from the Far North District Council in New Zealand for the southern road network, valued at about NZ$125 million over an initial five year term, with options for a further 3 + 2 years, covering pavement, structures, vegetation and roadside assets, with services scheduled to start on July 1, 2026.
MND
AU$28.66
Monadelphous Group
7D
-1.1%
1Y
64.9%
Narrative Update • Jun 18

MND: Rich P/E And Brigalow Contract Will Likely Restrain Future Returns

Analysts have lifted their price target for Monadelphous Group stock from A$19.59 to A$19.89, citing updated assumptions around revenue growth, profit margins, and a lower estimated future P/E multiple. What’s in the News for Monadelphous Group Monadelphous Group secured a A$380 million contract from CS Energy to deliver balance of plant construction for the Brigalow Peaking Power Plant near Chinchilla, Queensland, including civil and mechanical works, piping, and installation of 12 aeroderivative gas turbine generator units.
SXE
AU$4.60
Southern Cross Electrical Engineering
7D
14.4%
1Y
164.4%
SRG
AU$3.97
SRG Global
7D
4.5%
1Y
151.3%
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.
LYL
AU$18.46
Lycopodium
7D
18.2%
1Y
76.3%
NWH
AU$6.81
NRW Holdings
7D
-2.2%
1Y
133.2%
WOR
AU$12.21
Worley
7D
-4.1%
1Y
-9.7%
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$10.00
GenusPlus Group
7D
-2.5%
1Y
178.6%
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.
DUR
AU$2.85
Duratec
7D
8.4%
1Y
105.0%
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.
SSM
AU$2.59
Service Stream
7D
4.9%
1Y
35.6%
SYL
AU$2.92
Symal Group
7D
9.0%
1Y
71.8%
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?
CVL
AU$2.00
Civmec
7D
7.8%
1Y
85.6%