Investors Appear Satisfied With James Hardie Industries plc's (ASX:JHX) Prospects
Dec 16
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Australian (ASX) Basic Materials Industry Analysis
UpdatedDec 26, 2024
DataAggregated Company Financials
Companies4
- 7D-4.9%
- 3M-8.4%
- 1Y-8.4%
- YTD-9.9%
Over the last 7 days, the Basic Materials industry has dropped 4.5%, driven by James Hardie Industries declining 5.4%. Overall the industry is down 6.5% in 12 months. Earnings are forecast to grow by 21% 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 |
|---|---|---|---|---|---|---|
| Thu, 26 Dec 2024 | AU$26.0b | AU$7.9b | AU$590.4m | 28.2x | 44.1x | 3.3x |
| Sat, 23 Nov 2024 | AU$27.9b | AU$7.6b | AU$561.2m | 30.3x | 49.7x | 3.7x |
| Mon, 21 Oct 2024 | AU$27.4b | AU$7.5b | AU$642.8m | 26.1x | 42.6x | 3.6x |
| Wed, 18 Sep 2024 | AU$27.0b | AU$7.5b | AU$745.5m | 23.2x | 36.2x | 3.6x |
| Fri, 16 Aug 2024 | AU$25.3b | AU$7.7b | AU$756.8m | 25.7x | 33.5x | 3.3x |
| Sun, 14 Jul 2024 | AU$25.5b | AU$7.5b | AU$742.5m | 24.7x | 34.4x | 3.4x |
| Tue, 11 Jun 2024 | AU$37.0b | AU$15.8b | AU$1.3b | 24.2x | 28.5x | 2.3x |
| Thu, 09 May 2024 | AU$41.2b | AU$15.8b | AU$1.3b | 26x | 31.3x | 2.6x |
| Sat, 06 Apr 2024 | AU$42.9b | AU$15.7b | AU$1.3b | 27.6x | 32.7x | 2.7x |
| Mon, 04 Mar 2024 | AU$44.3b | AU$15.8b | AU$1.7b | 23.6x | 25.5x | 2.8x |
| Wed, 31 Jan 2024 | AU$40.8b | AU$15.3b | AU$1.6b | 26.4x | 25.3x | 2.7x |
| Fri, 29 Dec 2023 | AU$39.9b | AU$15.1b | AU$1.6b | 26.4x | 25.1x | 2.6x |
| Sun, 26 Nov 2023 | AU$34.0b | AU$15.3b | AU$1.6b | 20.5x | 21.1x | 2.2x |
| Tue, 24 Oct 2023 | AU$30.3b | AU$15.5b | AU$1.7b | 16.8x | 18x | 2x |
| Thu, 21 Sep 2023 | AU$31.6b | AU$15.3b | AU$1.9b | 18.3x | 16.5x | 2.1x |
| Sat, 19 Aug 2023 | AU$33.9b | AU$15.2b | AU$1.9b | 21.2x | 17.6x | 2.2x |
| Mon, 17 Jul 2023 | AU$30.9b | AU$14.5b | AU$1.8b | 19.7x | 17.6x | 2.1x |
| Wed, 14 Jun 2023 | AU$29.5b | AU$14.6b | AU$1.8b | 18.9x | 16.7x | 2x |
| Fri, 12 May 2023 | AU$27.1b | AU$14.7b | AU$1.7b | 16.3x | 15.7x | 1.8x |
| Sun, 09 Apr 2023 | AU$25.0b | AU$14.6b | AU$1.7b | 15.1x | 14.5x | 1.7x |
| Tue, 07 Mar 2023 | AU$25.3b | AU$14.5b | AU$1.9b | 15.3x | 13.1x | 1.7x |
| Thu, 02 Feb 2023 | AU$25.9b | AU$14.0b | AU$1.9b | 11.5x | 13.5x | 1.9x |
| Sat, 31 Dec 2022 | AU$21.8b | AU$14.2b | AU$1.9b | 10.3x | 11.2x | 1.5x |
| Mon, 28 Nov 2022 | AU$23.7b | AU$14.2b | AU$2.0b | 10.9x | 12.2x | 1.7x |
| Wed, 26 Oct 2022 | AU$24.3b | AU$14.3b | AU$2.0b | 9x | 12x | 1.7x |
| Fri, 23 Sep 2022 | AU$24.5b | AU$14.0b | AU$2.0b | 11.8x | 12.3x | 1.7x |
| Sun, 21 Aug 2022 | AU$27.3b | AU$13.7b | AU$1.9b | 14.9x | 14.5x | 2x |
| Tue, 19 Jul 2022 | AU$24.4b | AU$13.5b | AU$1.8b | 12.9x | 13.4x | 1.8x |
| Thu, 16 Jun 2022 | AU$23.1b | AU$13.4b | AU$1.8b | 13.6x | 12.7x | 1.7x |
| Sat, 14 May 2022 | AU$29.1b | AU$13.2b | AU$1.9b | 16.3x | 15.4x | 2.2x |
| Mon, 11 Apr 2022 | AU$30.5b | AU$12.7b | AU$1.8b | 16.7x | 17x | 2.4x |
| Wed, 09 Mar 2022 | AU$30.6b | AU$12.3b | AU$1.3b | 17.9x | 23.5x | 2.5x |
| Fri, 04 Feb 2022 | AU$36.3b | AU$12.5b | AU$1.2b | 22.1x | 29.1x | 2.9x |
| Sun, 02 Jan 2022 | AU$40.1b | AU$12.4b | AU$1.2b | 22.6x | 32.5x | 3.2x |
Price to Earnings Ratio
32.5x
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 44.3x which is higher than its 3-year average PE of 22.5x.
- The 3-year average PS ratio of 2.4x 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 22% per year over the last three years,
- Revenues have also declined 14% 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 | -1.00% | |
| Materials | -1.99% | |
| Basic Materials | -4.93% | |
| Construction Materials | -4.93% | |
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$25.74 | 0.3% +AU$10.7m | -7.8% | PS3.6x | |
| WGN Wagners Holding | AU$1.40 | 1.1% +AU$2.8m | 37.9% | PE25.5x |