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Australian (ASX) Infrastructure Industry Analysis

UpdatedDec 26, 2025
DataAggregated Company Financials
Companies6
  • 7D0.7%
  • 3M6.5%
  • 1Y8.0%
  • YTD9.2%

The Infrastructure industry has stayed flat over the last week. The past year has been better, since the industry has gained 8.0% in that time. 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
Fri, 26 Dec 2025AU$63.2bAU$9.2bAU$644.7m27.6x98x6.9x
Sun, 23 Nov 2025AU$62.9bAU$9.2bAU$644.7m24.4x97.5x6.9x
Tue, 21 Oct 2025AU$62.8bAU$9.2bAU$644.7m24.3x97.5x6.8x
Thu, 18 Sep 2025AU$62.3bAU$9.2bAU$644.7m25.7x96.6x6.8x
Sat, 16 Aug 2025AU$61.5bAU$8.8bAU$723.7m28.9x85x7x
Mon, 14 Jul 2025AU$58.9bAU$8.8bAU$723.7m27.5x81.4x6.7x
Wed, 11 Jun 2025AU$61.9bAU$8.8bAU$723.7m24.5x85.5x7x
Fri, 09 May 2025AU$62.4bAU$8.8bAU$723.7m25x86.2x7.1x
Sun, 06 Apr 2025AU$58.5bAU$8.8bAU$723.7m23.2x80.8x6.6x
Tue, 04 Mar 2025AU$57.4bAU$8.8bAU$723.7m22.5x79.4x6.5x
Thu, 30 Jan 2025AU$58.2bAU$8.6bAU$931.7m29.8x62.5x6.8x
Sat, 28 Dec 2024AU$58.7bAU$8.6bAU$931.7m31.1x63x6.8x
Mon, 25 Nov 2024AU$55.1bAU$8.6bAU$931.7m28.3x59.2x6.4x
Wed, 23 Oct 2024AU$56.3bAU$8.6bAU$931.7m29.6x60.4x6.6x
Fri, 20 Sep 2024AU$57.7bAU$8.6bAU$931.7m30.1x61.9x6.7x
Sun, 18 Aug 2024AU$57.7bAU$8.1bAU$911.0m23.1x63.4x7.1x
Tue, 16 Jul 2024AU$55.5bAU$8.1bAU$794.9m29.6x69.8x6.9x
Thu, 13 Jun 2024AU$54.2bAU$8.1bAU$794.9m28.2x68.1x6.7x
Sat, 11 May 2024AU$55.5bAU$8.1bAU$794.9m29.6x69.8x6.9x
Mon, 08 Apr 2024AU$55.7bAU$8.1bAU$794.9m28x70x6.9x
Wed, 06 Mar 2024AU$56.0bAU$8.1bAU$794.9m27.2x70.4x6.9x
Fri, 02 Feb 2024AU$56.0bAU$7.9bAU$635.2m28.9x88.1x7.1x
Sun, 31 Dec 2023AU$57.8bAU$7.9bAU$635.2m29.9x91x7.3x
Tue, 28 Nov 2023AU$54.2bAU$7.9bAU$635.2m28.2x85.3x6.8x
Thu, 26 Oct 2023AU$50.9bAU$7.9bAU$635.2m26.3x80.1x6.4x
Sat, 23 Sep 2023AU$54.8bAU$7.9bAU$635.5m28.4x86.2x6.9x
Mon, 21 Aug 2023AU$55.6bAU$7.7bAU$567.7m28.7x97.9x7.2x
Wed, 19 Jul 2023AU$58.3bAU$7.7bAU$666.7m30.3x87.4x7.5x
Fri, 16 Jun 2023AU$59.5bAU$7.7bAU$666.7m29.8x89.3x7.7x
Sun, 14 May 2023AU$62.1bAU$7.7bAU$666.7m33x93.1x8x
Tue, 11 Apr 2023AU$60.9bAU$7.7bAU$666.7m31.1x91.3x7.9x
Thu, 09 Mar 2023AU$59.8bAU$7.7bAU$666.7m33.2x89.7x7.7x
Sat, 04 Feb 2023AU$60.6bAU$6.6bAU$436.5m55x138.8x9.2x
Mon, 02 Jan 2023AU$55.7bAU$6.6bAU$436.5m53.5x127.6x8.5x
Price to Earnings Ratio

127.6x


Total Market Cap: AU$55.7bTotal Earnings: AU$436.5mTotal Revenue: AU$6.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Infrastructure Industry Price to Earnings3Y Average 82.6x20242025
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 98.0x which is higher than its 3-year average PE of 82.6x.
  • The industry is trading close to its 3-year average PS ratio of 7.1x.
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 Market2.32%
Industrials2.38%
Infrastructure0.71%
Highways and Railtracks0.73%
Marine Ports and Services0.64%
Airport Services0%0
Industry PE
  • Investors are most optimistic about the Highways and Railtracks industry, which is trading close to its 3-year average PE ratio of 114x.
    • Analysts are expecting annual earnings growth of 28.0%, 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 31.0x.
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
TCL Transurban GroupAU$14.460.5%
+AU$218.0m		5.3%PE338.6x
ALX Atlas ArteriaAU$4.962.3%
+AU$159.6m		6.4%PE24.1x
QUB Qube HoldingsAU$4.741.1%
+AU$88.5m		19.4%PE74.1x
SRH Saferoads HoldingsAU$0.105.0%
+AU$218.5k		156.1%PS0.8x

Latest News

TCL
AU$14.46
Transurban Group
7D
0.5%
1Y
5.3%

Is Transurban Group (ASX:TCL) A Risky Investment?

Dec 25
Is Transurban Group (ASX:TCL) A Risky Investment?
QUB
AU$4.74
Qube Holdings
7D
1.1%
1Y
19.4%

QUB: Takeover Offer And Stable Outlook Will Likely Support Balanced Future Returns

Analysts have nudged their price target on Qube Holdings slightly higher to approximately $5.00 per share, citing marginal improvements in discount rate assumptions and stable long term growth and profitability expectations. What's in the News Macquarie Asset Management has entered into a process deed to acquire Qube Holdings in an all cash transaction valuing the company at AUD 9.2 billion, or AUD 5.20 per share (Key Developments) The proposed acquisition is contingent on satisfactory completion of due diligence on Qube and its operations by Macquarie Asset Management (Key Developments) Completion also requires a Scheme Implementation Agreement on customary terms, unanimous recommendation from the Qube Board, and final approvals from both Qube and Macquarie Asset Management (Key Developments) Regulatory clearances from the Foreign Investment Review Board and the Australian Competition and Consumer Commission are required before the deal can proceed (Key Developments) UBS is acting as financial advisor and Allens as legal advisor to Qube Holdings for the proposed transaction (Key Developments) Valuation Changes Fair Value Estimate remained unchanged at approximately A$4.99 per share, reflecting stable long term assumptions.
DBI
AU$4.91
Dalrymple Bay Infrastructure
7D
-0.6%
1Y
37.5%
BWN
AU$0.46
Bhagwan Marine
7D
-3.2%
1Y
-27.2%

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$4.96
Atlas Arteria
7D
2.3%
1Y
6.4%
SRH
AU$0.10
Saferoads Holdings
7D
5.0%
1Y
156.1%