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Australian (ASX) Construction Materials Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies7
- 7D-2.2%
- 3M-16.5%
- 1Y-23.5%
- YTD-34.6%
Over the last 7 days, the Construction Materials industry has dropped 2.2%, driven by a pullback from James Hardie Industries of 2.8%. Overall the industry is down 24% in 12 months. In the next few years, earnings are forecast to decline by 3.1% annually.
Industry Valuation and Performance
Has the Australian Construction Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | AU$26.9b | AU$13.3b | AU$1.8b | 15.7x |
| Mon, 25 Apr 2022 | AU$30.9b | AU$12.8b | AU$1.8b | 16.4x |
| Wed, 23 Mar 2022 | AU$32.3b | AU$12.6b | AU$1.3b | 17.6x |
| Fri, 18 Feb 2022 | AU$33.4b | AU$12.3b | AU$1.3b | 22.6x |
| Sun, 16 Jan 2022 | AU$37.7b | AU$12.4b | AU$1.2b | 22.6x |
| Tue, 14 Dec 2021 | AU$40.4b | AU$12.4b | AU$1.2b | 22.6x |
| Thu, 11 Nov 2021 | AU$40.5b | AU$12.3b | AU$1.2b | 23.9x |
| Sat, 09 Oct 2021 | AU$37.7b | AU$12.0b | AU$1.0b | 26.5x |
| Mon, 06 Sep 2021 | AU$39.8b | AU$12.0b | AU$1.1b | 26.6x |
| Wed, 04 Aug 2021 | AU$37.8b | AU$12.0b | AU$1.1b | 28.7x |
| Sat, 08 May 2021 | AU$35.3b | AU$12.8b | AU$374.6m | 19.8x |
| Tue, 09 Feb 2021 | AU$30.0b | AU$13.8b | -AU$369,300,587.00 | 20x |
| Mon, 02 Nov 2020 | AU$27.8b | AU$14.1b | -AU$401,618,674.00 | 19.6x |
| Thu, 06 Aug 2020 | AU$23.0b | AU$14.2b | -AU$366,689,189.25 | 14.7x |
| Sun, 10 May 2020 | AU$19.4b | AU$14.9b | AU$294.0m | 25.2x |
| Sat, 01 Feb 2020 | AU$28.1b | AU$14.4b | AU$753.1m | 43.5x |
| Tue, 05 Nov 2019 | AU$24.0b | AU$14.5b | AU$895.8m | 29.8x |
| Fri, 09 Aug 2019 | AU$21.9b | AU$14.4b | AU$937.0m | 25.1x |
Median PE Ratio
20x
Current Industry PE
- Investors are more pessimistic on the 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 15.7x which is lower than its 3-year average PE of 24.1x.
- Given that earnings are expected to decline by 3.1%, the lower than average PE seems justified.
Past Earnings Growth
- The earnings for companies in the Construction Materials industry have grown 16% per year over the last three years.
- Meanwhile revenues for these companies have declined 2.4% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Australian Construction Materials compare with similar industries?
| AU Market | -1.30% | |
| Materials | -3.49% | |
| Basic Materials | -2.19% | |
| Construction Materials | -2.19% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BLD Boral | AU$3.06 | 3.0% +AU$99.3m | -55.4% | PS1.1x | |
| WGN Wagners Holding | AU$1.18 | 5.4% +AU$11.3m | -52.8% | PS16.6x | |
| ABC Adbri | AU$2.81 | 0.4% +AU$6.5m | -15.6% | PS15.7x | |
| SUV Suvo Strategic Minerals | AU$0.07 | 2.9% +AU$1.4m | -67.4% | PS3.8x |
