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Australian (ASX) Infrastructure Industry Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies6
- 7D3.6%
- 3M-0.7%
- 1Y-2.7%
- YTD-2.2%
In the last week, the Infrastructure industry is up 3.6%, with Transurban Group up 5.8%. During this same period, the Bhagwan Marine underperformed, falling 9.0%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the Australian Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | AU$57.2b | AU$8.6b | AU$931.7m | 30.4x | 61.4x | 6.7x |
| Mon, 18 Nov 2024 | AU$54.7b | AU$8.6b | AU$931.7m | 26x | 58.8x | 6.4x |
| Wed, 16 Oct 2024 | AU$57.7b | AU$8.6b | AU$931.7m | 30.3x | 61.9x | 6.7x |
| Fri, 13 Sep 2024 | AU$58.6b | AU$8.6b | AU$931.7m | 28.8x | 62.9x | 6.8x |
| Sun, 11 Aug 2024 | AU$55.7b | AU$8.1b | AU$911.0m | 22.7x | 61.2x | 6.8x |
| Tue, 09 Jul 2024 | AU$53.6b | AU$8.1b | AU$794.9m | 29.1x | 67.4x | 6.6x |
| Thu, 06 Jun 2024 | AU$55.1b | AU$8.1b | AU$794.9m | 29.8x | 69.3x | 6.8x |
| Sat, 04 May 2024 | AU$54.0b | AU$8.1b | AU$794.9m | 28.7x | 67.9x | 6.7x |
| Mon, 01 Apr 2024 | AU$56.3b | AU$8.1b | AU$794.9m | 28.3x | 70.8x | 7x |
| Wed, 28 Feb 2024 | AU$56.4b | AU$8.1b | AU$783.8m | 28.2x | 72x | 7x |
| Fri, 26 Jan 2024 | AU$55.7b | AU$7.9b | AU$635.2m | 29.1x | 87.7x | 7x |
| Sun, 24 Dec 2023 | AU$58.2b | AU$7.9b | AU$635.2m | 29.5x | 91.6x | 7.4x |
| Tue, 21 Nov 2023 | AU$54.9b | AU$7.9b | AU$635.2m | 28.5x | 86.4x | 6.9x |
| Thu, 19 Oct 2023 | AU$52.1b | AU$7.9b | AU$635.2m | 26.5x | 82x | 6.6x |
| Sat, 16 Sep 2023 | AU$55.5b | AU$7.9b | AU$635.5m | 29.8x | 87.3x | 7x |
| Mon, 14 Aug 2023 | AU$58.6b | AU$7.7b | AU$666.7m | 30x | 87.9x | 7.6x |
| Wed, 12 Jul 2023 | AU$58.1b | AU$7.7b | AU$666.7m | 29.5x | 87.2x | 7.5x |
| Fri, 09 Jun 2023 | AU$59.2b | AU$7.7b | AU$666.7m | 29.9x | 88.9x | 7.7x |
| Sun, 07 May 2023 | AU$61.8b | AU$7.7b | AU$666.7m | 33.2x | 92.7x | 8x |
| Tue, 04 Apr 2023 | AU$59.6b | AU$7.7b | AU$666.7m | 30.4x | 89.5x | 7.7x |
| Thu, 02 Mar 2023 | AU$59.8b | AU$7.7b | AU$666.4m | 36.4x | 89.8x | 7.7x |
| Sat, 28 Jan 2023 | AU$58.6b | AU$6.6b | AU$436.5m | 54.6x | 134.3x | 8.9x |
| Mon, 26 Dec 2022 | AU$58.0b | AU$6.6b | AU$436.5m | 53.5x | 132.8x | 8.8x |
| Wed, 23 Nov 2022 | AU$59.0b | AU$6.6b | AU$436.5m | 55.2x | 135.2x | 9x |
| Fri, 21 Oct 2022 | AU$53.7b | AU$6.6b | AU$436.5m | 53.7x | 123.1x | 8.2x |
| Sun, 18 Sep 2022 | AU$52.5b | AU$6.6b | AU$436.5m | 46.9x | 120.2x | 8x |
| Tue, 16 Aug 2022 | AU$58.1b | AU$5.6b | AU$215.7m | 24.9x | 269.2x | 10.3x |
| Thu, 14 Jul 2022 | AU$57.8b | AU$5.6b | AU$215.7m | 25.2x | 268x | 10.3x |
| Sat, 11 Jun 2022 | AU$57.9b | AU$5.6b | AU$215.7m | 25.2x | 268.4x | 10.3x |
| Mon, 09 May 2022 | AU$56.9b | AU$5.6b | AU$215.7m | 22.1x | 263.9x | 10.1x |
| Wed, 06 Apr 2022 | AU$54.2b | AU$5.6b | AU$215.7m | 21.2x | 251.1x | 9.6x |
| Fri, 04 Mar 2022 | AU$75.1b | AU$6.3b | AU$13.2m | 20.3x | 5681.3x | 12x |
| Sun, 30 Jan 2022 | AU$74.7b | AU$5.9b | -AU$1,635,445,827.00 | 39.4x | -45.7x | 12.6x |
| Tue, 28 Dec 2021 | AU$79.3b | AU$5.9b | -AU$1,635,445,827.00 | 40.2x | -48.5x | 13.4x |
Price to Earnings Ratio
-48.5x
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 61.4x which is lower than its 3-year average PE of 280x.
- The 3-year average PS ratio of 8.3x is higher than the industry's current PS ratio of 6.7x.
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 13% 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 Market | -1.97% | |
| Industrials | 0.69% | |
| Infrastructure | 3.63% | |
| Highways and Railtracks | 3.97% | |
| Marine Ports and Services | 1.80% | |
| Airport Services | 0% | |
Industry PE
- Investors are most optimistic about the Highways and Railtracks industry even though it's trading below its 3-year average PE ratio of 150x.
- Analysts are expecting annual earnings growth of 21.1%, which is lower than the prior year's growth of 203.6% per year.
- Investors are most pessimistic about the Marine Ports and Services industry, which is trading below its 3-year average of 32.0x.
Forecasted Growth
- Analysts are most optimistic on the Highways and Railtracks industry, expecting annual earnings growth of 21% over the next 5 years.
- However this is lower than its past earnings growth rate of 204% per year.
- In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 9.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TCL Transurban Group | AU$13.47 | 5.8% +AU$2.3b | -3.1% | PE128.3x | |
| QUB Qube Holdings | AU$3.88 | 1.3% +AU$88.4m | 21.6% | PE30.2x | |
| DBI Dalrymple Bay Infrastructure | AU$3.54 | 3.5% +AU$59.5m | 32.1% | PE22.9x | |
| ALX Atlas Arteria | AU$4.58 | 0.4% +AU$29.0m | -19.8% | PE22.1x |