Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Highways and Railtracks Industry Analysis

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies3
  • 7D2.1%
  • 3M-5.7%
  • 1Y5.3%
  • YTDn/a

In the last week, the Highways and Railtracks industry is up 1.4%, with Transurban Group up 2.1%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Australian Highways and Railtracks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Feb 2026AU$51.0bAU$3.9bAU$430.9m177.5x118.3x13x
Sat, 17 Jan 2026AU$50.2bAU$3.9bAU$430.9m174.1x116.6x12.8x
Mon, 15 Dec 2025AU$52.6bAU$3.9bAU$430.9m183.2x122.1x13.4x
Wed, 12 Nov 2025AU$54.3bAU$3.9bAU$430.9m189x126.1x13.8x
Fri, 10 Oct 2025AU$50.7bAU$3.9bAU$430.9m176.2x117.8x12.9x
Sun, 07 Sep 2025AU$52.3bAU$3.9bAU$430.9m180.9x121.4x13.3x
Tue, 05 Aug 2025AU$50.5bAU$4.0bAU$409.0m297.4x123.4x12.7x
Thu, 03 Jul 2025AU$50.6bAU$4.0bAU$409.0m298.9x123.8x12.7x
Sat, 31 May 2025AU$51.8bAU$4.0bAU$409.0m305.3x126.6x13x
Mon, 28 Apr 2025AU$50.4bAU$4.0bAU$409.0m298.6x123.2x12.6x
Wed, 26 Mar 2025AU$47.3bAU$4.0bAU$409.0m279x115.6x11.9x
Fri, 21 Feb 2025AU$48.8bAU$4.0bAU$371.4m288x131.3x12.3x
Sun, 19 Jan 2025AU$50.2bAU$4.3bAU$622.4m77.9x80.6x11.7x
Tue, 17 Dec 2024AU$46.7bAU$4.3bAU$622.4m72.5x75x10.9x
Thu, 14 Nov 2024AU$45.8bAU$4.3bAU$622.4m71.2x73.6x10.7x
Sat, 12 Oct 2024AU$48.2bAU$4.3bAU$622.4m74.9x77.5x11.3x
Mon, 09 Sep 2024AU$49.6bAU$4.3bAU$622.4m77x79.7x11.6x
Wed, 07 Aug 2024AU$47.1bAU$4.4bAU$537.0m98.8x87.7x10.6x
Fri, 05 Jul 2024AU$45.4bAU$4.4bAU$537.0m95.3x84.6x10.2x
Sun, 02 Jun 2024AU$46.4bAU$4.4bAU$537.0m97.1x86.4x10.4x
Tue, 30 Apr 2024AU$46.6bAU$4.4bAU$537.0m97.7x86.9x10.5x
Thu, 28 Mar 2024AU$48.1bAU$4.4bAU$537.0m101.2x89.6x10.8x
Sat, 24 Feb 2024AU$49.4bAU$4.5bAU$526.0m104.2x93.9x11x
Mon, 22 Jan 2024AU$48.3bAU$4.4bAU$363.0m328.9x133.2x11x
Wed, 20 Dec 2023AU$51.0bAU$4.4bAU$363.0m348x140.5x11.6x
Fri, 17 Nov 2023AU$48.3bAU$4.4bAU$363.0m322.6x133.1x11x
Sun, 15 Oct 2023AU$46.7bAU$4.4bAU$363.0m313.7x128.5x10.7x
Tue, 12 Sep 2023AU$49.0bAU$4.4bAU$363.3m36.7x134.9x11.2x
Thu, 10 Aug 2023AU$52.2bAU$4.4bAU$430.1m33.2x121.3x12x
Sat, 08 Jul 2023AU$52.1bAU$4.4bAU$430.1m33.4x121.1x12x
Mon, 05 Jun 2023AU$54.3bAU$4.4bAU$430.1m34.7x126.3x12.5x
Wed, 03 May 2023AU$55.5bAU$4.4bAU$430.1m34.9x129x12.8x
Fri, 31 Mar 2023AU$53.1bAU$4.4bAU$430.1m34.8x123.4x12.2x
Sun, 26 Feb 2023AU$53.3bAU$4.3bAU$429.8m69.9x124x12.3x
Price to Earnings Ratio

124x


Total Market Cap: AU$53.3bTotal Earnings: AU$429.8mTotal Revenue: AU$4.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Highways and Railtracks Industry Price to Earnings3Y Average 111.1x202420252026
Current Industry PE
    There are only 3 companies in the Australian Highways and Railtracks industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Highways and Railtracks industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 3.1% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Comparison

How does Australian Highways and Railtracks compare with similar industries?

AU Market-0.51%
Industrials-0.75%
Infrastructure2.03%
Highways and Railtracks2.06%
Marine Ports and Services1.88%
Airport Services0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ALX Atlas ArteriaAU$4.701.3%
+AU$87.1m		-8.2%PE22.8x
TCL Transurban GroupAU$13.880.1%
+AU$62.3m		4.2%PE325.1x

Latest News

TCL
AU$13.88
Transurban Group
7D
0.1%
1Y
4.2%

TCL: Tunnel Opening And 2025 Distribution Will Support A Fairly Valued Outlook

Analysts have maintained their A$14.36 price target for Transurban Group, citing a slightly higher discount rate and revenue growth outlook, along with a lower profit margin and a higher assumed future P/E multiple. What's in the News The West Gate Tunnel Project is scheduled to open to traffic on Sunday 14 December 2025, providing an alternative route to the West Gate Bridge and connecting the West Gate Freeway to the Port of Melbourne and CityLink (Key Developments).
SRH
AU$0.089
Saferoads Holdings
7D
-2.2%
1Y
n/a
ALX
AU$4.70
Atlas Arteria
7D
1.3%
1Y
-8.2%