Australian (ASX) Infrastructure Industry Analysis

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, 20 Apr 2024	AU$54.7b	AU$8.1b	AU$794.9m	28x	68.8x	6.8x
Mon, 18 Mar 2024	AU$54.8b	AU$8.1b	AU$794.9m	27.3x	69x	6.8x
Wed, 14 Feb 2024	AU$55.1b	AU$8.0b	AU$798.2m	29.6x	69x	6.9x
Fri, 12 Jan 2024	AU$58.1b	AU$7.9b	AU$635.2m	30x	91.5x	7.3x
Sun, 10 Dec 2023	AU$55.7b	AU$7.9b	AU$635.2m	29x	87.7x	7x
Tue, 07 Nov 2023	AU$53.1b	AU$7.9b	AU$635.2m	27.8x	83.5x	6.7x
Thu, 05 Oct 2023	AU$53.6b	AU$7.9b	AU$635.2m	26.8x	84.4x	6.8x
Sat, 02 Sep 2023	AU$56.5b	AU$7.9b	AU$635.5m	30.7x	88.9x	7.1x
Mon, 31 Jul 2023	AU$59.8b	AU$7.7b	AU$666.7m	31x	89.6x	7.7x
Wed, 28 Jun 2023	AU$59.4b	AU$7.7b	AU$666.7m	29.3x	89x	7.7x
Fri, 26 May 2023	AU$61.0b	AU$7.7b	AU$666.7m	32.3x	91.5x	7.9x
Sun, 23 Apr 2023	AU$61.8b	AU$7.7b	AU$666.7m	32.3x	92.8x	8x
Tue, 21 Mar 2023	AU$59.7b	AU$7.7b	AU$666.7m	31.4x	89.6x	7.7x
Thu, 16 Feb 2023	AU$59.3b	AU$7.3b	AU$580.5m	54.8x	102.1x	8.1x
Sat, 14 Jan 2023	AU$57.7b	AU$6.6b	AU$436.5m	54.1x	132.1x	8.8x
Mon, 12 Dec 2022	AU$58.8b	AU$6.6b	AU$436.5m	52.8x	134.6x	8.9x
Wed, 09 Nov 2022	AU$57.1b	AU$6.6b	AU$436.5m	54.6x	130.9x	8.7x
Fri, 07 Oct 2022	AU$53.8b	AU$6.6b	AU$436.5m	45.8x	123.3x	8.2x
Sun, 04 Sep 2022	AU$56.3b	AU$6.6b	AU$433.5m	46.4x	129.8x	8.5x
Tue, 02 Aug 2022	AU$58.5b	AU$5.6b	AU$215.7m	24.3x	271.2x	10.4x
Thu, 30 Jun 2022	AU$57.9b	AU$5.6b	AU$215.7m	25.1x	268.5x	10.3x
Sat, 28 May 2022	AU$57.3b	AU$5.6b	AU$215.7m	22.6x	265.7x	10.2x
Mon, 25 Apr 2022	AU$56.4b	AU$5.6b	AU$215.7m	22.1x	261.3x	10x
Wed, 23 Mar 2022	AU$76.8b	AU$6.3b	AU$13.2m	21.2x	5808.3x	12.2x
Fri, 18 Feb 2022	AU$76.5b	AU$5.8b	-AU$1,456,445,827.00	40.5x	-52.5x	13.2x
Sun, 16 Jan 2022	AU$77.4b	AU$5.9b	-AU$1,635,445,827.00	41.3x	-47.3x	13.1x
Tue, 14 Dec 2021	AU$78.8b	AU$5.9b	-AU$1,635,445,827.00	40.1x	-48.2x	13.3x
Thu, 11 Nov 2021	AU$78.4b	AU$5.9b	-AU$1,635,445,827.00	39x	-47.9x	13.2x
Sat, 09 Oct 2021	AU$77.2b	AU$5.9b	-AU$1,635,445,827.00	39.3x	-47.2x	13x
Mon, 06 Sep 2021	AU$74.9b	AU$5.9b	-AU$1,635,445,827.00	42.3x	-45.8x	12.7x
Wed, 04 Aug 2021	AU$72.3b	AU$5.9b	-AU$1,635,445,827.00	38x	-44.2x	12.2x
Sat, 08 May 2021	AU$68.2b	AU$5.9b	-AU$1,802,980,008.00	81.5x	-37.8x	11.6x

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 68.8x which is lower than its 3-year average PE of 258x.

The 3-year average PS ratio of 9.5x is higher than the industry's current PS ratio of 6.8x.

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 11% 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	-2.22%
Industrials	-1.95%
Infrastructure	-3.02%
Airport Services	0%
Marine Ports and Services	-0.80%
Highways and Railtracks	-3.35%

Industry PE

Investors are most optimistic about the Highways and Railtracks industry which is trading above its 3-year average PE ratio of 48.2x.

Analysts are expecting annual earnings growth of 26.0%, which is lower than the prior year's growth of 30.2% 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 24.6x.

Forecasted Growth

Analysts are most optimistic on the Highways and Railtracks industry, expecting annual earnings growth of 26% over the next 5 years.
This is roughly in line with its past earnings growth rate.