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Australian (ASX) Infrastructure Industry Analysis

UpdatedJun 06, 2026
DataAggregated Company Financials
Companies6
  • 7D0.9%
  • 3M5.9%
  • 1Y6.0%
  • YTD6.0%

The Infrastructure industry has stayed flat over the last week. The past year has been better, since the industry has gained 6.0% in that time. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 06 Jun 2026AU$66.2bAU$9.6bAU$991.5m40.5x66.8x6.9x
Mon, 04 May 2026AU$62.6bAU$9.6bAU$991.5m40.7x63.2x6.6x
Wed, 01 Apr 2026AU$61.2bAU$9.6bAU$991.5m39.4x61.7x6.4x
Fri, 27 Feb 2026AU$63.0bAU$9.6bAU$996.6m40.6x63.3x6.6x
Sun, 25 Jan 2026AU$61.0bAU$9.2bAU$644.7m27.1x94.6x6.6x
Tue, 23 Dec 2025AU$63.0bAU$9.2bAU$644.7m27.9x97.8x6.9x
Thu, 20 Nov 2025AU$63.8bAU$9.2bAU$644.7m24.3x99x7x
Sat, 18 Oct 2025AU$62.8bAU$9.2bAU$644.7m23.9x97.5x6.8x
Mon, 15 Sep 2025AU$62.3bAU$9.2bAU$644.7m25.6x96.7x6.8x
Wed, 13 Aug 2025AU$60.7bAU$8.8bAU$723.7m29x83.9x6.9x
Fri, 11 Jul 2025AU$59.5bAU$8.8bAU$723.7m27.3x82.2x6.8x
Sun, 08 Jun 2025AU$62.2bAU$8.8bAU$723.7m24.7x86x7.1x
Tue, 06 May 2025AU$62.0bAU$8.8bAU$723.7m25x85.6x7x
Thu, 03 Apr 2025AU$58.4bAU$8.8bAU$723.7m22.9x80.7x6.6x
Sat, 01 Mar 2025AU$57.2bAU$8.8bAU$717.3m30.3x79.8x6.5x
Mon, 27 Jan 2025AU$58.6bAU$8.6bAU$931.7m30.8x62.9x6.8x
Wed, 25 Dec 2024AU$58.3bAU$8.6bAU$931.7m30.9x62.6x6.8x
Fri, 22 Nov 2024AU$54.5bAU$8.6bAU$931.7m28.8x58.5x6.4x
Sun, 20 Oct 2024AU$57.5bAU$8.6bAU$931.7m29.7x61.8x6.7x
Tue, 17 Sep 2024AU$59.0bAU$8.6bAU$931.7m29.8x63.3x6.9x
Thu, 15 Aug 2024AU$56.8bAU$8.1bAU$911.0m23x62.3x7x
Sat, 13 Jul 2024AU$55.4bAU$8.1bAU$794.9m29.7x69.6x6.8x
Mon, 10 Jun 2024AU$55.4bAU$8.1bAU$794.9m29.8x69.7x6.8x
Wed, 08 May 2024AU$55.0bAU$8.1bAU$794.9m29.3x69.2x6.8x
Fri, 05 Apr 2024AU$56.1bAU$8.1bAU$794.9m28x70.6x6.9x
Sun, 03 Mar 2024AU$56.7bAU$8.1bAU$794.9m27.7x71.3x7x
Tue, 30 Jan 2024AU$55.9bAU$7.9bAU$635.2m29.1x88.1x7.1x
Thu, 28 Dec 2023AU$58.6bAU$7.9bAU$635.2m29.8x92.3x7.4x
Sat, 25 Nov 2023AU$54.3bAU$7.9bAU$635.2m28.2x85.5x6.9x
Mon, 23 Oct 2023AU$50.9bAU$7.9bAU$635.2m26.1x80.1x6.4x
Wed, 20 Sep 2023AU$55.7bAU$7.9bAU$635.5m29x87.7x7x
Fri, 18 Aug 2023AU$55.5bAU$7.7bAU$567.7m28.4x97.8x7.2x
Sun, 16 Jul 2023AU$58.7bAU$7.7bAU$666.7m29.9x88.1x7.6x
Tue, 13 Jun 2023AU$59.4bAU$7.7bAU$666.7m29.9x89.1x7.7x
Price to Earnings Ratio

89.1x


Total Market Cap: AU$59.4bTotal Earnings: AU$666.7mTotal Revenue: AU$7.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Infrastructure Industry Price to Earnings3Y Average 78.2x202420252026
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 66.8x which is lower than its 3-year average PE of 78.2x.
  • The industry is trading close to its 3-year average PS ratio of 6.8x.
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 7.3% 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-1.23%
Industrials0.75%
Infrastructure0.88%
Highways and Railtracks0.96%
Marine Ports and Services0.53%
Airport Services0%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 106x.
    • Analysts are expecting annual earnings growth of 12.4%, which is lower than the prior year's growth of 257.3% 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 33.1x.
Forecasted Growth
  • Analysts are most optimistic on the Marine Ports and Services industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 34% per year.
  • In contrast, the Highways and Railtracks industry is expected to see its earnings grow by 12% 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$15.080.7%
+AU$312.0m		4.9%PE98.4x
ALX Atlas ArteriaAU$5.072.8%
+AU$203.1m		-4.7%PE28.3x
DBI Dalrymple Bay InfrastructureAU$5.723.2%
+AU$89.2m		40.2%PE96.9x
SRH Saferoads HoldingsAU$0.103.1%
+AU$130.0k		0%PS0.5x

Latest News

DBI
AU$5.72
Dalrymple Bay Infrastructure
7D
3.2%
1Y
40.2%
Narrative Update • Jun 05

DBI: Stable Income Outlook And Slightly Revised Assumptions Support Fair Pricing

Analysts have nudged their A$ fair value estimate for Dalrymple Bay Infrastructure slightly lower from A$5.56 to about A$5.55, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E multiples. What's in the News No recent news stories are currently available for Dalrymple Bay Infrastructure based on the provided sources.
BWN
AU$0.28
Bhagwan Marine
7D
-8.2%
1Y
-48.1%
Narrative Update • Jun 03

BWN: Follow On Equity Raise Will Support Future Upside Repricing Potential

Analysts have trimmed their fair value estimate for Bhagwan Marine from A$0.92 to A$0.63 as they now factor in lower revenue growth of 13.74%, softer profit margins of 6.40% and a slightly reduced future P/E of 9.25x, alongside a marginally lower discount rate. What's in the News Bhagwan Marine completed a follow on equity offering totaling A$30 million in ordinary shares, according to Key Developments.
QUB
AU$5.00
Qube Holdings
7D
-0.2%
1Y
16.0%
Narrative Update • Jun 02

QUB: Lower Risk Assumptions And Upcoming Meeting Will Support Balanced Future Returns

Analysts have nudged their price target for Qube Holdings slightly higher to A$5.02 from A$4.99, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E as the main drivers of the adjustment. What's in the News Qube Holdings has scheduled a Special/Extraordinary Shareholders Meeting for Jun 16, 2026, giving you a set date to watch for company updates.
SRH
AU$0.10
Saferoads Holdings
7D
3.1%
1Y
0%
ALX
AU$5.07
Atlas Arteria
7D
2.8%
1Y
-4.7%
TCL
AU$15.08
Transurban Group
7D
0.7%
1Y
4.9%
Narrative Update • May 26

TCL: Steady Traffic And Margins Will Support A Fairly Valued Outlook

Analysts have trimmed their price target for Transurban Group slightly to A$13.91 from A$13.94, reflecting modest adjustments to the discount rate, revenue growth outlook, profit margin assumptions and future P/E expectations. What's in the News Reported Average Daily Traffic (ADT) growth of 3.6% for March 2026, based on monthly traffic results.