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Australian (ASX) Infrastructure Industry Analysis

UpdatedDec 04, 2023
DataAggregated Company Financials
  • 7D0.7%
  • 3M-3.1%
  • 1Y-8.9%
  • YTD-0.8%

Over the last 7 days, the Infrastructure industry has remained flat. As for the longer term, the industry has declined 8.9% in the last year. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023AU$54.7bAU$7.9bAU$635.2m28.1x86.1x6.9x
Wed, 01 Nov 2023AU$50.3bAU$7.9bAU$635.2m25.9x79.1x6.3x
Fri, 29 Sep 2023AU$53.8bAU$7.9bAU$635.5m28.5x84.7x6.8x
Sun, 27 Aug 2023AU$55.9bAU$7.9bAU$568.3m30.3x98.3x7.1x
Tue, 25 Jul 2023AU$58.9bAU$7.7bAU$666.7m30.3x88.4x7.6x
Thu, 22 Jun 2023AU$60.0bAU$7.7bAU$666.7m30.3x90x7.8x
Sat, 20 May 2023AU$61.3bAU$7.7bAU$666.7m32.8x91.9x7.9x
Mon, 17 Apr 2023AU$61.2bAU$7.7bAU$666.7m31.7x91.8x7.9x
Wed, 15 Mar 2023AU$60.0bAU$7.7bAU$666.7m31.5x90x7.8x
Fri, 10 Feb 2023AU$59.6bAU$7.3bAU$580.5m54.6x102.7x8.1x
Sun, 08 Jan 2023AU$56.1bAU$6.6bAU$436.5m54.4x128.6x8.5x
Tue, 06 Dec 2022AU$59.0bAU$6.6bAU$436.5m55.5x135.3x9x
Thu, 03 Nov 2022AU$57.0bAU$6.6bAU$436.5m53.9x130.6x8.7x
Sat, 01 Oct 2022AU$51.8bAU$6.6bAU$436.5m45.3x118.8x7.9x
Mon, 29 Aug 2022AU$56.5bAU$6.6bAU$462.6m40x122.2x8.6x
Wed, 27 Jul 2022AU$56.9bAU$5.6bAU$215.7m25.1x264x10.1x
Fri, 24 Jun 2022AU$56.8bAU$5.6bAU$215.7m24.6x263.1x10.1x
Sun, 22 May 2022AU$57.0bAU$5.6bAU$215.7m22.4x264.1x10.1x
Tue, 19 Apr 2022AU$55.2bAU$5.6bAU$215.7m21.6x255.8x9.8x
Thu, 17 Mar 2022AU$76.6bAU$6.3bAU$13.2m21.6x5792.6x12.2x
Sat, 12 Feb 2022AU$76.0bAU$5.9b-AU$1,635,445,827.0040.2x-46.5x12.8x
Mon, 10 Jan 2022AU$78.3bAU$5.9b-AU$1,635,445,827.0041.1x-47.9x13.2x
Wed, 08 Dec 2021AU$78.7bAU$5.9b-AU$1,635,445,827.0039x-48.1x13.3x
Fri, 05 Nov 2021AU$77.7bAU$5.9b-AU$1,635,445,827.0037.3x-47.5x13.1x
Sun, 03 Oct 2021AU$80.7bAU$5.9b-AU$1,635,445,827.0038.5x-49.4x13.6x
Tue, 31 Aug 2021AU$74.3bAU$5.9b-AU$1,635,445,827.0041.6x-45.4x12.5x
Wed, 07 Jul 2021AU$67.8bAU$5.9b-AU$1,635,445,827.0038.6x-41.5x11.5x
Sat, 10 Apr 2021AU$65.7bAU$5.9b-AU$1,802,980,008.0080.2x-36.4x11.2x
Fri, 01 Jan 2021AU$67.6bAU$6.3b-AU$2,020,070,189.0034.5x-33.5x10.8x
Price to Earnings Ratio


Total Market Cap: AU$68.2bTotal Earnings: -AU$279,903,580.00Total Revenue: AU$6.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Infrastructure Industry Price to Earnings3Y Average 248.4x202120222023
Current Industry PE
  • Investors are pessimistic on the Australian Infrastructure 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 86.1x which is lower than its 3-year average PE of 248x.
  • The 3-year average PS ratio of 9.9x is higher than the industry's current PS ratio of 6.9x.
Past Earnings Growth
  • Total earnings for the Infrastructure industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 6.8% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

AU Market0.46%
Highways and Railtracks0.81%
Airport Services0%
Marine Ports and Services-0.12%
Industry PE
  • Investors are most optimistic about the Highways and Railtracks industry which is trading above its 3-year average PE ratio of 24.9x.
    • Analysts are expecting annual earnings growth of 28.2%, which is lower than the prior year's growth of 127.4% per year.
  • Investors are most pessimistic about the Marine Ports and Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 21.0x.
Forecasted Growth
  • Analysts are most optimistic on the Highways and Railtracks industry, expecting annual earnings growth of 28% over the next 5 years.
  • However this is lower than its past earnings growth rate of 127% per year.
  • In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 9.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TCL Transurban GroupAU$12.971.6%
QUB Qube HoldingsAU$2.961.0%
DBI Dalrymple Bay InfrastructureAU$2.751.1%
TTI Traffic TechnologiesAU$0.01122.2%
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Qube Holdings







Dalrymple Bay Infrastructure







Saferoads Holdings







Transurban Group