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Australian (ASX) Basic Materials Industry Analysis
UpdatedNov 27, 2021
DataAggregated Company Financials
Companies7
- 7D-1.2%
- 3M2.1%
- 1Y29.4%
- YTD28.8%
Over the last 7 days, the Basic Materials industry has dropped 1.2%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 29%.
Industry Valuation and Performance
Has the Australian Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | AU$39.8b | AU$12.4b | AU$1.2b | 22.7x |
| Tue, 26 Oct 2021 | AU$39.4b | AU$11.9b | AU$1.0b | 25.8x |
| Thu, 23 Sep 2021 | AU$39.6b | AU$12.1b | AU$1.1b | 25.9x |
| Sat, 21 Aug 2021 | AU$40.2b | AU$12.0b | AU$1.1b | 28x |
| Sat, 05 Jun 2021 | AU$35.9b | AU$12.8b | AU$374.6m | 20.2x |
| Tue, 09 Mar 2021 | AU$30.6b | AU$13.8b | -AU$369,300,587.00 | 22.6x |
| Mon, 30 Nov 2020 | AU$31.2b | AU$14.1b | -AU$401,618,674.00 | 21.4x |
| Thu, 03 Sep 2020 | AU$25.0b | AU$14.2b | -AU$366,689,189.25 | 16.2x |
| Sun, 07 Jun 2020 | AU$21.6b | AU$14.9b | AU$294.0m | 25.1x |
| Sat, 29 Feb 2020 | AU$24.8b | AU$14.4b | AU$753.1m | 39x |
| Tue, 03 Dec 2019 | AU$26.7b | AU$14.5b | AU$895.8m | 34.3x |
| Fri, 06 Sep 2019 | AU$21.6b | AU$14.4b | AU$937.0m | 23.1x |
| Mon, 10 Jun 2019 | AU$21.9b | AU$14.3b | AU$1.1b | 20x |
| Sun, 03 Mar 2019 | AU$21.7b | AU$13.9b | AU$1.3b | 15x |
| Wed, 05 Dec 2018 | AU$20.9b | AU$13.6b | AU$1.3b | 15.8x |
PE Ratio
15.8x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 23.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Basic Materials industry have remained mostly flat over the last three years, while 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 Trends
Which industries have driven the changes within the Australian Basic Materials industry?
| Construction Materials | -1.22% | |
Industry PE: Investors are most optimistic about the Construction Materials industry, which is trading close to its 3-year average PE ratio of 23.5x. However analysts are expecting annual earnings growth of 13%, which is lower than the prior year's growth of 70% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Construction Materials industry, expecting annual earnings growth of 13% over the next 5 years. However this is lower than its past earnings growth rate of 70% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | ||
|---|---|---|---|---|---|
| No data available | |||||
