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Oct 11
Australian (ASX) Infrastructure Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies6
- 7D3.0%
- 3M-0.3%
- 1Y1.9%
- YTD1.1%
The Infrastructure industry is up 3.0% in the last week, with Transurban Group up 2.6%. In the same time, Traffic Technologies was down 11%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 34% 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 |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | AU$60.2b | AU$6.6b | AU$436.5m | 53.9x | 138x | 9.1x |
| Wed, 26 Oct 2022 | AU$53.9b | AU$6.6b | AU$436.5m | 52.8x | 123.4x | 8.2x |
| Fri, 23 Sep 2022 | AU$52.0b | AU$6.6b | AU$436.5m | 46.4x | 119.1x | 7.9x |
| Sun, 21 Aug 2022 | AU$57.1b | AU$6.3b | AU$308.7m | 42x | 184.9x | 9.1x |
| Tue, 19 Jul 2022 | AU$57.5b | AU$5.6b | AU$215.7m | 25x | 266.6x | 10.2x |
| Thu, 16 Jun 2022 | AU$56.2b | AU$5.6b | AU$215.7m | 24.7x | 260.3x | 10x |
| Sat, 14 May 2022 | AU$55.7b | AU$5.6b | AU$215.7m | 21.9x | 258.2x | 9.9x |
| Mon, 11 Apr 2022 | AU$54.9b | AU$5.6b | AU$215.7m | 21.1x | 254.5x | 9.7x |
| Wed, 09 Mar 2022 | AU$74.3b | AU$6.3b | AU$13.2m | 20.2x | 5619x | 11.8x |
| Fri, 04 Feb 2022 | AU$75.7b | AU$5.9b | -AU$1,635,445,827.00 | 41.2x | -46.3x | 12.8x |
| Sun, 02 Jan 2022 | AU$79.6b | AU$5.9b | -AU$1,635,445,827.00 | 41.9x | -48.7x | 13.5x |
| Tue, 30 Nov 2021 | AU$77.7b | AU$5.9b | -AU$1,635,445,827.00 | 39.5x | -47.5x | 13.1x |
| Thu, 28 Oct 2021 | AU$77.8b | AU$5.9b | -AU$1,635,445,827.00 | 38.6x | -47.6x | 13.1x |
| Sat, 25 Sep 2021 | AU$74.6b | AU$5.9b | -AU$1,635,445,827.00 | 40.2x | -45.6x | 12.6x |
| Mon, 23 Aug 2021 | AU$71.9b | AU$5.9b | -AU$1,635,445,827.00 | 37.9x | -44x | 12.2x |
| Sat, 10 Jul 2021 | AU$67.8b | AU$5.9b | -AU$1,635,445,827.00 | 38.6x | -41.5x | 11.5x |
| Fri, 02 Apr 2021 | AU$65.7b | AU$5.9b | -AU$1,802,980,008.00 | 80.2x | -36.4x | 11.2x |
| Mon, 04 Jan 2021 | AU$67.6b | AU$6.3b | -AU$2,020,070,189.00 | 34.5x | -33.5x | 10.8x |
| Thu, 08 Oct 2020 | AU$65.0b | AU$6.5b | -AU$279,903,580.00 | 52.2x | -232.2x | 10x |
| Wed, 01 Jul 2020 | AU$50.5b | AU$5.2b | -AU$976,971.00 | 39.7x | -51682.3x | 9.7x |
| Sat, 04 Apr 2020 | AU$41.3b | AU$5.5b | AU$164.9m | 424.8x | 250.4x | 7.4x |
| Tue, 07 Jan 2020 | AU$53.0b | AU$5.9b | AU$330.7m | 293.2x | 160.2x | 9x |
Price to Earnings Ratio
146.8x
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 138x which is higher than its 3-year average PE of -4kx.
- The 3-year average PS ratio of 10.4x is higher than the industry's current PS ratio of 9.1x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have grown 6.8% per year over the last three years.
- Revenues for these companies have grown 3.3% 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 Market | 1.17% | |
| Industrials | 2.25% | |
| Infrastructure | 2.97% | |
| Highways and Railtracks | 3.16% | |
| Marine Ports and Services | 1.34% | |
| Airport Services | 0% | |
Industry PE
- Investors are most optimistic about the Highways and Railtracks industry which is trading above its 3-year average PE ratio of 78.4x.
- Analysts are expecting annual earnings growth of 36.5%, which is lower than the prior year's growth of 59.0% 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 26.0x.
Forecasted Growth
- Analysts are most optimistic on the Highways and Railtracks industry, expecting annual earnings growth of 36% over the next 5 years.
- However this is lower than its past earnings growth rate of 59% per year.
- In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 16% 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$14.28 | 2.6% +AU$1.1b | 2.9% | PE2314.4x | |
| ALX Atlas Arteria | AU$7.03 | 5.7% +AU$551.3m | 5.1% | PE39.2x | |
| QUB Qube Holdings | AU$2.77 | 1.5% +AU$70.6m | -13.4% | PE36.3x | |
| DBI Dalrymple Bay Infrastructure | AU$2.45 | 0.8% +AU$9.9m | 18.9% | PE53.9x |