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

Australian (ASX) Infrastructure Industry Analysis

UpdatedJan 18, 2026
DataAggregated Company Financials
Companies6
  • 7D-0.5%
  • 3M-2.6%
  • 1Y3.0%
  • YTD-1.8%

Over the last 7 days, the Infrastructure industry has remained flat. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 Jan 2026AU$61.2bAU$9.2bAU$644.7m27.1x94.9x6.7x
Tue, 16 Dec 2025AU$62.7bAU$9.2bAU$644.7m27x97.2x6.8x
Thu, 13 Nov 2025AU$64.7bAU$9.2bAU$644.7m24.8x100.4x7.1x
Sat, 11 Oct 2025AU$60.6bAU$9.2bAU$644.7m24.9x94x6.6x
Mon, 08 Sep 2025AU$61.9bAU$9.2bAU$644.7m25.3x96x6.7x
Wed, 06 Aug 2025AU$61.2bAU$8.8bAU$723.7m28.7x84.6x6.9x
Fri, 04 Jul 2025AU$60.3bAU$8.8bAU$723.7m25.2x83.4x6.8x
Sun, 01 Jun 2025AU$61.4bAU$8.8bAU$723.7m24.5x84.9x7x
Tue, 29 Apr 2025AU$60.1bAU$8.8bAU$723.7m23.8x83.1x6.8x
Thu, 27 Mar 2025AU$56.1bAU$8.8bAU$723.7m23x77.5x6.4x
Sat, 22 Feb 2025AU$57.6bAU$8.7bAU$676.6m29.8x85.2x6.6x
Mon, 20 Jan 2025AU$59.3bAU$8.6bAU$931.7m30x63.6x6.9x
Wed, 18 Dec 2024AU$56.3bAU$8.6bAU$931.7m30.4x60.5x6.6x
Fri, 15 Nov 2024AU$54.4bAU$8.6bAU$931.7m27.3x58.4x6.3x
Sun, 13 Oct 2024AU$56.9bAU$8.6bAU$931.7m29.9x61.1x6.6x
Tue, 10 Sep 2024AU$57.8bAU$8.6bAU$931.7m30x62x6.7x
Thu, 08 Aug 2024AU$55.3bAU$8.3bAU$812.0m23.1x68.1x6.7x
Sat, 06 Jul 2024AU$53.6bAU$8.1bAU$794.9m29x67.4x6.6x
Mon, 03 Jun 2024AU$54.1bAU$8.1bAU$794.9m29.2x68.1x6.7x
Wed, 01 May 2024AU$53.6bAU$8.1bAU$794.9m27.6x67.4x6.6x
Fri, 29 Mar 2024AU$56.3bAU$8.1bAU$794.9m28.3x70.8x7x
Sun, 25 Feb 2024AU$56.6bAU$8.1bAU$806.2m28.7x70.1x7x
Tue, 23 Jan 2024AU$55.8bAU$7.9bAU$635.2m29.3x87.9x7.1x
Thu, 21 Dec 2023AU$58.0bAU$7.9bAU$635.2m29.6x91.4x7.3x
Sat, 18 Nov 2023AU$55.4bAU$7.9bAU$635.2m29x87.3x7x
Mon, 16 Oct 2023AU$52.9bAU$7.9bAU$635.2m27.3x83.4x6.7x
Wed, 13 Sep 2023AU$56.1bAU$7.9bAU$635.5m30.3x88.3x7.1x
Fri, 11 Aug 2023AU$58.8bAU$7.7bAU$666.7m30.1x88.2x7.6x
Sun, 09 Jul 2023AU$58.3bAU$7.7bAU$666.7m29.3x87.4x7.5x
Tue, 06 Jun 2023AU$60.8bAU$7.7bAU$666.7m30.8x91.3x7.9x
Thu, 04 May 2023AU$60.7bAU$7.7bAU$666.7m32.4x91x7.9x
Sat, 01 Apr 2023AU$59.3bAU$7.7bAU$666.7m30.2x89x7.7x
Mon, 27 Feb 2023AU$60.1bAU$7.6bAU$619.9m53.7x96.9x7.9x
Wed, 25 Jan 2023AU$58.6bAU$6.6bAU$436.5m55.2x134.4x8.9x
Price to Earnings Ratio

134.4x


Total Market Cap: AU$58.6bTotal Earnings: AU$436.5mTotal Revenue: AU$6.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Infrastructure Industry Price to Earnings3Y Average 81.9x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Infrastructure industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 94.9x which is higher than its 3-year average PE of 81.9x.
  • The industry is trading close to its 3-year average PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the Infrastructure industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market1.95%
Industrials1.81%
Infrastructure-0.54%
Airport Services0%0
Highways and Railtracks-0.53%
Marine Ports and Services-0.57%
Industry PE
  • Investors are most optimistic about the Highways and Railtracks industry, which is trading close to its 3-year average PE ratio of 113x.
    • Analysts are expecting annual earnings growth of 27.7%, which is higher than its past year's earnings decline of 29.8% 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 31.2x.
Forecasted Growth
  • Analysts are most optimistic on the Highways and Railtracks industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 30% per year.
  • In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 17% 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
ALX Atlas ArteriaAU$4.890.6%
+AU$43.5m		-3.2%PE23.7x
BWN Bhagwan MarineAU$0.482.1%
+AU$2.8m		-20.7%PE10.6x

Latest News

TCL
AU$13.85
Transurban Group
7D
-0.7%
1Y
0.4%
QUB
AU$4.77
Qube Holdings
7D
-0.4%
1Y
17.5%

QUB: Takeover Proposal And Steady Outlook Will Likely Support Balanced Future Returns

Analysts have kept their price target for Qube Holdings broadly steady around A$4.99, citing marginal adjustments in the discount rate and long term P/E assumptions as they refine their views on the company’s risk profile and earnings potential. What's in the News Macquarie Asset Management Pty Limited entered into a process deed to acquire Qube Holdings Limited for A$9.2b in cash on November 23, 2025, at A$5.20 per share, signalling a potential change of ownership if conditions are satisfied (Key Developments).
DBI
AU$4.82
Dalrymple Bay Infrastructure
7D
-1.2%
1Y
34.3%
BWN
AU$0.48
Bhagwan Marine
7D
2.1%
1Y
-20.7%

Is Bhagwan Marine Limited (ASX:BWN) Trading At A 34% Discount?

Nov 27
Is Bhagwan Marine Limited (ASX:BWN) Trading At A 34% Discount?
ALX
AU$4.89
Atlas Arteria
7D
0.6%
1Y
-3.2%