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

Australian (ASX) Construction Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies20
  • 7D3.1%
  • 3M9.5%
  • 1Y34.8%
  • YTD34.6%

Over the last 7 days, the Construction industry has risen 3.1%, driven by gains from MAAS Group Holdings of 19%. This means that the industry has gained 35% over the past year. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025AU$27.8bAU$33.8bAU$1.2b22.1x22.4x0.8x
Fri, 21 Nov 2025AU$26.7bAU$33.8bAU$1.2b21.3x21.4x0.8x
Sun, 19 Oct 2025AU$27.7bAU$35.0bAU$1.3b21.8x21.9x0.8x
Tue, 16 Sep 2025AU$26.6bAU$35.0bAU$1.3b20.4x20.9x0.8x
Thu, 14 Aug 2025AU$24.2bAU$34.8bAU$1.3b18.7x18.8x0.7x
Sat, 12 Jul 2025AU$23.3bAU$34.7bAU$1.3b18.2x18x0.7x
Mon, 09 Jun 2025AU$22.1bAU$34.7bAU$1.3b17.1x17x0.6x
Wed, 07 May 2025AU$20.6bAU$34.7bAU$1.3b16.6x15.8x0.6x
Fri, 04 Apr 2025AU$21.1bAU$34.7bAU$1.3b15.7x16.3x0.6x
Sun, 02 Mar 2025AU$22.6bAU$34.7bAU$1.3b16.5x17.3x0.6x
Tue, 28 Jan 2025AU$22.6bAU$34.0bAU$1.2b16.9x19.4x0.7x
Thu, 26 Dec 2024AU$21.7bAU$34.9bAU$1.2b16x18.5x0.6x
Sat, 23 Nov 2024AU$22.2bAU$33.9bAU$1.1b18.5x20.3x0.7x
Mon, 21 Oct 2024AU$22.4bAU$33.9bAU$1.1b19.2x19.9x0.7x
Wed, 18 Sep 2024AU$21.7bAU$34.0bAU$1.1b15.7x19.4x0.6x
Fri, 16 Aug 2024AU$21.0bAU$32.8bAU$953.9m17.8x22x0.6x
Sun, 14 Jul 2024AU$21.0bAU$32.6bAU$942.3m16.1x22.3x0.6x
Tue, 11 Jun 2024AU$20.3bAU$32.6bAU$942.3m15.5x21.5x0.6x
Thu, 09 May 2024AU$20.8bAU$32.6bAU$942.3m14.5x22x0.6x
Sat, 06 Apr 2024AU$20.9bAU$32.3bAU$918.1m14.3x22.8x0.6x
Mon, 04 Mar 2024AU$21.4bAU$32.3bAU$918.1m15x23.3x0.7x
Wed, 31 Jan 2024AU$19.1bAU$30.8bAU$615.4m15.3x31x0.6x
Fri, 29 Dec 2023AU$20.6bAU$30.8bAU$615.4m15.4x33.5x0.7x
Sun, 26 Nov 2023AU$19.6bAU$30.8bAU$615.4m14x31.9x0.6x
Tue, 24 Oct 2023AU$18.9bAU$30.8bAU$615.4m14x30.6x0.6x
Thu, 21 Sep 2023AU$19.5bAU$30.8bAU$615.4m14.6x31.7x0.6x
Sat, 19 Aug 2023AU$19.0bAU$29.1bAU$358.1m15.4x53.1x0.7x
Mon, 17 Jul 2023AU$18.7bAU$28.9bAU$365.8m15x51x0.6x
Wed, 14 Jun 2023AU$18.1bAU$28.9bAU$365.8m14.4x49.4x0.6x
Fri, 12 May 2023AU$18.5bAU$28.9bAU$365.8m15.5x50.6x0.6x
Sun, 09 Apr 2023AU$17.2bAU$28.9bAU$365.8m14.1x47.1x0.6x
Tue, 07 Mar 2023AU$9.3bAU$18.5bAU$371.8m15.2x25.1x0.5x
Thu, 02 Feb 2023AU$9.4bAU$16.9bAU$291.1m18x32.3x0.6x
Sat, 31 Dec 2022AU$9.4bAU$16.9bAU$291.1m17.6x32.2x0.6x
Price to Earnings Ratio

32.2x


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 26.7x202320242025
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 22.4x which is lower than its 3-year average PE of 26.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.64x.
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 Market2.54%
Industrials2.17%
Construction3.08%
Construction and Engineering3.08%
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
MGH MAAS Group HoldingsAU$5.4018.9%
+AU$311.5m		14.4%PE27.2x
VNT Ventia Services GroupAU$5.994.2%
+AU$198.5m		65.0%PE19.6x
SRG SRG GlobalAU$3.015.2%
+AU$94.0m		130.7%PE39.7x
SYL Symal GroupAU$3.468.8%
+AU$67.0m		100.0%PE23.9x
NWH NRW HoldingsAU$5.151.6%
+AU$36.8m		34.8%PE85.5x

Latest News

MGH
AU$5.40
MAAS Group Holdings
7D
18.9%
1Y
14.4%
NWH
AU$5.15
NRW Holdings
7D
1.6%
1Y
34.8%

NWH: Earnings Outlook And Dividend Will Continue To Support Fair Value

Analysts have nudged their price target for NRW Holdings slightly higher to align with its updated fair value of $5.23 per share, reflecting marginally stronger expectations for revenue growth and profit margins. Valuation Changes Fair Value: Unchanged at A$5.23 per share, indicating no material revision to the core valuation estimate.
SSM
AU$2.26
Service Stream
7D
2.7%
1Y
43.9%
GNP
AU$6.19
GenusPlus Group
7D
-0.5%
1Y
141.8%

GNP: Index Inclusion And Stable Outlook Will Support Balanced Share Performance

Analysts have raised their price target for GenusPlus Group from A$5.75 to A$6.50, reflecting slightly higher assumed revenue growth, modestly improved profit margins, and a richer future earnings multiple despite a marginally higher discount rate. What's in the News GenusPlus Group Ltd (ASX:GNP) has been added to the S&P Global BMI Index.
VNT
AU$5.99
Ventia Services Group
7D
4.2%
1Y
65.0%

VNT: Defence Clothing Contract Wins Will Support Margins And Future Stability

Analysts have modestly raised their price target on Ventia Services Group to A$5.63 from A$5.63, reflecting slightly improved margin expectations and a marginally lower discount rate, despite largely unchanged growth assumptions. What's in the News Won a new Australian Defence Force Defence Clothing Services contract valued at approximately $935 million, commencing May 2026 with an initial seven year term and options to extend for up to a further 13 years (Client Announcements) The new Defence Clothing Services contract aims to deliver more efficient and effective clothing capability, as well as a more contemporary customer experience for Defence personnel (Client Announcements) The existing National Clothing Stores Services contract has been extended to ensure continuity of service during the transition to the new Defence Clothing Services contract (Client Announcements) Ventia will act as the single industry partner accountable to Defence, coordinating specialist Australian organizations across clothing design and supply, warehousing, distribution, and clothing store services (Client Announcements) Valuation Changes Consensus Analyst Price Target: unchanged at A$5.63 per share, indicating no material revision to fair value.
CVL
AU$1.44
Civmec
7D
3.2%
1Y
8.3%
LYL
AU$14.06
Lycopodium
7D
4.9%
1Y
38.5%
SYL
AU$3.46
Symal Group
7D
8.8%
1Y
100.0%
SRG
AU$3.01
SRG Global
7D
5.2%
1Y
130.7%

SRG: Future Outlook Will Reflect Stable Margins And Fairly Valued Prospects

Analysts have nudged their price target for SRG Global slightly higher to reflect marginal improvements in the company’s discount rate, revenue growth assumptions, and profit margin forecasts, while keeping fair value estimates broadly unchanged. Valuation Changes Fair Value: unchanged at A$3.02 per share, indicating no material shift in the overall valuation outcome.
EVZ
AU$0.23
EVZ
7D
-2.2%
1Y
40.6%

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

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