James Hardie Industries' (ASX:JHX) Anemic Earnings Might Be Worse Than You Think
Aug 26
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Australian (ASX) Basic Materials Industry Analysis
UpdatedSep 03, 2025
DataAggregated Company Financials
Companies4
- 7D-0.2%
- 3M-16.1%
- 1Y-36.7%
- YTD-29.7%
In the last week, the Basic Materials industry is up 3.0%, with Brickworks up 2.9%. However, the industry is down 34% over the past year. Earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Australian Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 03 Sep 2025 | AU$23.3b | AU$7.3b | AU$480.6m | 27.5x | 48.5x | 3.2x |
| Fri, 01 Aug 2025 | AU$29.4b | AU$7.5b | AU$627.2m | 28.6x | 46.8x | 3.9x |
| Sun, 29 Jun 2025 | AU$22.4b | AU$7.5b | AU$618.5m | 23.4x | 36.3x | 3x |
| Tue, 27 May 2025 | AU$19.9b | AU$7.5b | AU$620.2m | 21.7x | 32.1x | 2.7x |
| Thu, 24 Apr 2025 | AU$19.4b | AU$7.6b | AU$649.0m | 19.5x | 29.9x | 2.6x |
| Sat, 22 Mar 2025 | AU$24.1b | AU$7.7b | AU$661.6m | 22.3x | 36.4x | 3.1x |
| Mon, 17 Feb 2025 | AU$26.4b | AU$7.8b | AU$576.7m | 30.9x | 45.7x | 3.4x |
| Wed, 15 Jan 2025 | AU$26.1b | AU$8.0b | AU$596.3m | 28.1x | 43.7x | 3.3x |
| Fri, 13 Dec 2024 | AU$27.5b | AU$7.7b | AU$571.7m | 29.4x | 48.1x | 3.6x |
| Sun, 10 Nov 2024 | AU$25.2b | AU$7.6b | AU$656.8m | 25.7x | 38.3x | 3.3x |
| Tue, 08 Oct 2024 | AU$28.0b | AU$7.4b | AU$633.8m | 24x | 44.2x | 3.8x |
| Thu, 05 Sep 2024 | AU$27.9b | AU$7.6b | AU$750.2m | 24x | 37.2x | 3.7x |
| Sat, 03 Aug 2024 | AU$27.4b | AU$7.7b | AU$773.8m | 27.7x | 35.5x | 3.6x |
| Mon, 01 Jul 2024 | AU$37.3b | AU$15.7b | AU$1.3b | 22.5x | 28.9x | 2.4x |
| Wed, 29 May 2024 | AU$37.4b | AU$15.7b | AU$1.3b | 22.7x | 29x | 2.4x |
| Fri, 26 Apr 2024 | AU$40.7b | AU$15.8b | AU$1.3b | 26.6x | 30.8x | 2.6x |
| Sun, 24 Mar 2024 | AU$43.7b | AU$15.8b | AU$1.7b | 24.5x | 25.2x | 2.8x |
| Tue, 20 Feb 2024 | AU$41.1b | AU$15.7b | AU$1.7b | 24.7x | 23.6x | 2.6x |
| Thu, 18 Jan 2024 | AU$39.7b | AU$15.3b | AU$1.6b | 25.7x | 24.6x | 2.6x |
| Sat, 16 Dec 2023 | AU$37.0b | AU$15.2b | AU$1.6b | 23x | 23.1x | 2.4x |
| Mon, 13 Nov 2023 | AU$33.3b | AU$15.5b | AU$1.6b | 19.6x | 20.3x | 2.2x |
| Wed, 11 Oct 2023 | AU$31.0b | AU$15.4b | AU$1.7b | 17.6x | 18.6x | 2x |
| Fri, 08 Sep 2023 | AU$33.7b | AU$15.4b | AU$1.9b | 19.3x | 17.5x | 2.2x |
| Sun, 06 Aug 2023 | AU$31.0b | AU$14.8b | AU$1.8b | 19.6x | 17.4x | 2.1x |
| Tue, 04 Jul 2023 | AU$30.3b | AU$14.7b | AU$1.8b | 19.2x | 17.1x | 2.1x |
| Thu, 01 Jun 2023 | AU$28.9b | AU$14.8b | AU$1.8b | 17.4x | 16.1x | 1.9x |
| Sat, 29 Apr 2023 | AU$26.8b | AU$14.7b | AU$1.7b | 15.8x | 15.4x | 1.8x |
| Mon, 27 Mar 2023 | AU$24.7b | AU$14.6b | AU$1.7b | 14.7x | 14.3x | 1.7x |
| Wed, 22 Feb 2023 | AU$26.0b | AU$14.2b | AU$1.9b | 13.7x | 13.5x | 1.8x |
| Fri, 20 Jan 2023 | AU$24.4b | AU$14.1b | AU$1.9b | 11.4x | 12.6x | 1.7x |
| Sun, 18 Dec 2022 | AU$23.4b | AU$14.3b | AU$2.0b | 10.7x | 11.9x | 1.6x |
| Tue, 15 Nov 2022 | AU$22.9b | AU$14.3b | AU$2.0b | 10.6x | 11.7x | 1.6x |
| Thu, 13 Oct 2022 | AU$24.5b | AU$14.3b | AU$2.0b | 11x | 12.1x | 1.7x |
| Sat, 10 Sep 2022 | AU$25.1b | AU$13.8b | AU$1.9b | 12.5x | 13.5x | 1.8x |
Price to Earnings Ratio
13.5x
Current Industry PE
- Investors are optimistic on the Australian Basic Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 50.3x which is higher than its 3-year average PE of 27.1x.
- The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 36% per year over the last three years,
- Revenues have also declined 19% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Materials industry?
| AU Market | -0.34% | |
| Materials | 1.48% | |
| Basic Materials | -0.20% | |
| Construction Materials | -0.20% | |
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 | |
|---|---|---|---|---|---|
| BKW Brickworks | AU$35.03 | 2.1% +AU$109.8m | 32.3% | PS5.1x | |
| WGN Wagners Holding | AU$2.51 | 20.1% +AU$79.0m | 178.9% | PE20.8x | |
| GT3 Green360 Technologies | AU$0.032 | 23.1% +AU$6.9m | -43.9% | PS3x |