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Australian (ASX) Highways and Railtracks Industry Analysis
UpdatedDec 26, 2024
DataAggregated Company Financials
Companies3
- 7D2.1%
- 3M2.7%
- 1Y-4.7%
- YTDn/a
Over the last 7 days, the Highways and Railtracks industry has risen 6.4%, driven by gains from Transurban Group of 4.1%. During this same period, the Traffic Technologies underperformed, falling 25%. However, the industry is down 3.4% over the past year. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Australian Highways and Railtracks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 26 Dec 2024 | AU$49.4b | AU$4.3b | AU$622.4m | 76.6x | 79.3x | 11.6x |
| Sat, 23 Nov 2024 | AU$46.4b | AU$4.3b | AU$622.4m | 72x | 74.5x | 10.9x |
| Mon, 21 Oct 2024 | AU$49.0b | AU$4.3b | AU$622.4m | 76x | 78.7x | 11.5x |
| Wed, 18 Sep 2024 | AU$50.3b | AU$4.3b | AU$622.4m | 78.1x | 80.8x | 11.8x |
| Fri, 16 Aug 2024 | AU$49.0b | AU$4.3b | AU$636.0m | 75.3x | 77.1x | 11.4x |
| Sun, 14 Jul 2024 | AU$47.2b | AU$4.4b | AU$537.0m | 99x | 87.9x | 10.6x |
| Tue, 11 Jun 2024 | AU$47.4b | AU$4.4b | AU$537.0m | 99.3x | 88.3x | 10.7x |
| Thu, 09 May 2024 | AU$48.0b | AU$4.4b | AU$537.0m | 100.5x | 89.5x | 10.8x |
| Sat, 06 Apr 2024 | AU$48.4b | AU$4.4b | AU$537.0m | 101.5x | 90.1x | 10.9x |
| Mon, 04 Mar 2024 | AU$49.5b | AU$4.4b | AU$537.0m | 104x | 92.3x | 11.1x |
| Wed, 31 Jan 2024 | AU$49.2b | AU$4.4b | AU$363.0m | 335.3x | 135.6x | 11.2x |
| Fri, 29 Dec 2023 | AU$51.1b | AU$4.4b | AU$363.0m | 346.1x | 140.7x | 11.7x |
| Sun, 26 Nov 2023 | AU$47.8b | AU$4.4b | AU$363.0m | 322.1x | 131.6x | 10.9x |
| Tue, 24 Oct 2023 | AU$44.7b | AU$4.4b | AU$363.0m | 301.6x | 123.3x | 10.2x |
| Thu, 21 Sep 2023 | AU$49.1b | AU$4.4b | AU$363.3m | 36.7x | 135.2x | 11.2x |
| Sat, 19 Aug 2023 | AU$49.4b | AU$4.4b | AU$331.1m | 33.2x | 149.3x | 11.3x |
| Mon, 17 Jul 2023 | AU$52.4b | AU$4.4b | AU$430.1m | 34x | 121.8x | 12x |
| Wed, 14 Jun 2023 | AU$53.1b | AU$4.4b | AU$430.1m | 33.2x | 123.4x | 12.2x |
| Fri, 12 May 2023 | AU$55.1b | AU$4.4b | AU$430.1m | 35.4x | 128x | 12.7x |
| Sun, 09 Apr 2023 | AU$54.3b | AU$4.4b | AU$430.1m | 34.7x | 126.3x | 12.5x |
| Tue, 07 Mar 2023 | AU$52.7b | AU$4.3b | AU$430.1m | 35.9x | 122.5x | 12.2x |
| Thu, 02 Feb 2023 | AU$53.0b | AU$3.6b | AU$279.0m | 75.8x | 190.1x | 14.8x |
| Sat, 31 Dec 2022 | AU$49.5b | AU$3.6b | AU$279.0m | 69.9x | 177.5x | 13.8x |
| Mon, 28 Nov 2022 | AU$54.1b | AU$3.6b | AU$279.0m | 70.2x | 194x | 15.1x |
| Wed, 26 Oct 2022 | AU$48.2b | AU$3.6b | AU$279.0m | 73.1x | 172.8x | 13.5x |
| Fri, 23 Sep 2022 | AU$46.2b | AU$3.6b | AU$279.0m | 76x | 165.6x | 12.9x |
| Sun, 21 Aug 2022 | AU$51.1b | AU$3.6b | AU$198.7m | 1378x | 257.4x | 14.3x |
| Tue, 19 Jul 2022 | AU$51.7b | AU$2.9b | AU$105.7m | 42.1x | 489.4x | 17.7x |
| Thu, 16 Jun 2022 | AU$50.2b | AU$2.9b | AU$105.7m | 41.8x | 475.2x | 17.1x |
| Sat, 14 May 2022 | AU$49.3b | AU$2.9b | AU$105.7m | 35.9x | 467x | 16.8x |
| Mon, 11 Apr 2022 | AU$48.1b | AU$2.9b | AU$105.7m | 33.9x | 455.4x | 16.4x |
| Wed, 09 Mar 2022 | AU$44.0b | AU$2.9b | AU$105.7m | 32.9x | 416.7x | 15x |
| Fri, 04 Feb 2022 | AU$45.7b | AU$3.0b | -AU$96,939,827.00 | 41.2x | -471x | 15x |
| Sun, 02 Jan 2022 | AU$49.1b | AU$3.0b | -AU$96,939,827.00 | 41.9x | -506.5x | 16.1x |
Price to Earnings Ratio
-506.5x
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
- Total earnings for the Highways and Railtracks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 12% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Highways and Railtracks compare with similar industries?
| AU Market | -1.00% | |
| Industrials | 0.49% | |
| Infrastructure | 1.88% | |
| Highways and Railtracks | 2.13% | |
| Marine Ports and Services | 0.51% | |
| Airport Services | 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TCL Transurban Group | AU$13.73 | 2.2% +AU$900.2m | -1.9% | PE130.7x | |
| ALX Atlas Arteria | AU$4.66 | 2.0% +AU$130.6m | -19.2% | PE22.5x |