Improved Earnings Required Before Aurizon Holdings Limited (ASX:AZJ) Shares Find Their Feet
Oct 24
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Australian (ASX) Transportation Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies5
- 7D1.9%
- 3M-2.9%
- 1Y-12.9%
- YTD-18.2%
Over the last 7 days, the Transportation industry has risen 1.9%, driven by gains from Aurizon Holdings of 0.6%. During this same period, the Camplify Holdings underperformed, falling 12%. However, the industry is down 13% over the past year. Looking forward, earnings are forecast to grow by 6.8% annually.
Industry Valuation and Performance
Has the Australian Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | AU$7.6b | AU$6.7b | AU$481.3m | 15.3x | 15.9x | 1.1x |
| Fri, 18 Oct 2024 | AU$7.9b | AU$6.7b | AU$481.3m | 15.8x | 16.3x | 1.2x |
| Sun, 15 Sep 2024 | AU$7.8b | AU$6.7b | AU$481.3m | 15.4x | 16.1x | 1.2x |
| Tue, 13 Aug 2024 | AU$7.8b | AU$6.4b | AU$468.1m | 15x | 16.6x | 1.2x |
| Thu, 11 Jul 2024 | AU$8.4b | AU$6.3b | AU$493.1m | 15.4x | 16.9x | 1.3x |
| Sat, 08 Jun 2024 | AU$8.7b | AU$6.3b | AU$493.1m | 16.1x | 17.7x | 1.4x |
| Mon, 06 May 2024 | AU$8.9b | AU$6.3b | AU$493.1m | 16.1x | 18.1x | 1.4x |
| Wed, 03 Apr 2024 | AU$9.5b | AU$6.5b | AU$567.2m | 13.1x | 16.8x | 1.5x |
| Fri, 01 Mar 2024 | AU$9.3b | AU$6.5b | AU$556.7m | 12.8x | 16.7x | 1.4x |
| Sun, 28 Jan 2024 | AU$9.4b | AU$5.8b | AU$389.0m | 15.4x | 24.2x | 1.6x |
| Tue, 26 Dec 2023 | AU$9.6b | AU$5.8b | AU$389.0m | 16x | 24.6x | 1.6x |
| Thu, 23 Nov 2023 | AU$9.1b | AU$5.8b | AU$388.9m | 15.2x | 23.4x | 1.6x |
| Sat, 21 Oct 2023 | AU$8.7b | AU$5.8b | AU$391.4m | 14.9x | 22.2x | 1.5x |
| Mon, 18 Sep 2023 | AU$9.0b | AU$5.8b | AU$391.4m | 15.5x | 23x | 1.5x |
| Wed, 16 Aug 2023 | AU$9.4b | AU$5.7b | AU$362.3m | 20.6x | 26x | 1.7x |
| Fri, 14 Jul 2023 | AU$10.1b | AU$5.4b | AU$424.3m | 18.6x | 23.7x | 1.9x |
| Sun, 11 Jun 2023 | AU$9.3b | AU$5.4b | AU$424.3m | 17x | 22x | 1.7x |
| Tue, 09 May 2023 | AU$9.0b | AU$5.4b | AU$424.3m | 16.6x | 21.3x | 1.7x |
| Thu, 06 Apr 2023 | AU$8.5b | AU$5.4b | AU$424.3m | 16x | 20x | 1.6x |
| Sat, 04 Mar 2023 | AU$8.0b | AU$5.4b | AU$427.2m | 15.7x | 18.8x | 1.5x |
| Mon, 30 Jan 2023 | AU$8.6b | AU$5.1b | AU$543.8m | 13.2x | 15.7x | 1.7x |
| Wed, 28 Dec 2022 | AU$8.7b | AU$5.1b | AU$543.8m | 13.6x | 16.1x | 1.7x |
| Fri, 25 Nov 2022 | AU$8.5b | AU$5.1b | AU$543.8m | 13.3x | 15.6x | 1.7x |
| Sun, 23 Oct 2022 | AU$7.8b | AU$5.1b | AU$543.8m | 12.5x | 14.3x | 1.5x |
| Tue, 20 Sep 2022 | AU$8.3b | AU$5.1b | AU$543.8m | 13x | 15.2x | 1.6x |
| Thu, 18 Aug 2022 | AU$9.1b | AU$4.9b | AU$518.5m | 21.2x | 17.6x | 1.8x |
| Sat, 16 Jul 2022 | AU$8.6b | AU$4.9b | AU$602.1m | 18.4x | 14.3x | 1.7x |
| Mon, 13 Jun 2022 | AU$9.5b | AU$4.9b | AU$602.1m | 18.2x | 15.8x | 1.9x |
| Wed, 11 May 2022 | AU$9.4b | AU$4.9b | AU$602.1m | 17.5x | 15.6x | 1.9x |
| Fri, 08 Apr 2022 | AU$8.9b | AU$4.9b | AU$602.1m | 18.8x | 14.8x | 1.8x |
| Sun, 06 Mar 2022 | AU$8.6b | AU$4.9b | AU$602.1m | 18.5x | 14.3x | 1.8x |
| Tue, 01 Feb 2022 | AU$8.4b | AU$4.8b | AU$620.9m | 40.6x | 13.6x | 1.8x |
| Thu, 30 Dec 2021 | AU$8.5b | AU$4.8b | AU$620.9m | 41.7x | 13.7x | 1.8x |
| Sat, 27 Nov 2021 | AU$8.2b | AU$4.8b | AU$621.4m | 34.4x | 13.3x | 1.7x |
Price to Earnings Ratio
13.3x
Current Industry PE
- Investors are pessimistic on the Australian Transportation 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 15.9x which is lower than its 3-year average PE of 18.0x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Transportation industry have declined 8.2% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Australian Industrials industry?
| AU Market | 1.37% | |
| Industrials | 1.65% | |
| Transportation | 1.90% | |
| Trucking | 2.62% | |
| Railroads | 2.07% | |
| Cargo Ground Transportation | -4.23% | |
Industry PE
- Investors are most optimistic about the Trucking industry even though it's trading below its 3-year average PE ratio of 121x.
- Analysts are expecting annual earnings growth of 15.5%, which is lower than the prior year's growth of 176.2% per year.
- Investors are most pessimistic about the Cargo Ground Transportation industry, which is trading close to its 3-year average of 11.1x.
Forecasted Growth
- Analysts are most optimistic on the Trucking industry, expecting annual earnings growth of 15% over the next 5 years.
- In contrast, the Railroads industry is expected to see its earnings grow by 5.0% 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 | |
|---|---|---|---|---|---|
| AZJ Aurizon Holdings | AU$3.41 | 0.6% +AU$33.7m | -5.5% | PE15.1x | |
| KLS Kelsian Group | AU$3.87 | 1.8% +AU$19.0m | -40.3% | PE18.1x |
