Investors Appear Satisfied With James Hardie Industries plc's (ASX:JHX) Prospects
Dec 16
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Australian (ASX) Construction Materials Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies4
- 7D-0.9%
- 3M-3.8%
- 1Y-1.6%
- YTDn/a
Over the last 7 days, the Construction Materials industry has dropped 1.8%, driven by a pullback from James Hardie Industries of 0.9%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Australian Construction Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 20 Dec 2024 | AU$27.4b | AU$7.8b | AU$581.2m | 29.2x | 47.1x | 3.5x |
| Sun, 17 Nov 2024 | AU$28.7b | AU$7.7b | AU$566.0m | 29.7x | 50.7x | 3.7x |
| Tue, 15 Oct 2024 | AU$27.0b | AU$7.5b | AU$637.1m | 23.3x | 42.3x | 3.6x |
| Thu, 12 Sep 2024 | AU$27.0b | AU$7.6b | AU$755.1m | 23x | 35.7x | 3.5x |
| Sat, 10 Aug 2024 | AU$25.9b | AU$7.7b | AU$766.4m | 26.3x | 33.8x | 3.4x |
| Mon, 08 Jul 2024 | AU$29.2b | AU$10.1b | AU$977.1m | 22.7x | 29.9x | 2.9x |
| Wed, 05 Jun 2024 | AU$36.7b | AU$15.8b | AU$1.3b | 23.8x | 28.4x | 2.3x |
| Fri, 03 May 2024 | AU$39.9b | AU$15.8b | AU$1.3b | 26.6x | 30.3x | 2.5x |
| Sun, 31 Mar 2024 | AU$44.3b | AU$15.8b | AU$1.3b | 27.3x | 33.5x | 2.8x |
| Tue, 27 Feb 2024 | AU$42.7b | AU$15.7b | AU$1.7b | 22.7x | 24.5x | 2.7x |
| Thu, 25 Jan 2024 | AU$40.1b | AU$15.3b | AU$1.6b | 26x | 24.9x | 2.6x |
| Sat, 23 Dec 2023 | AU$39.1b | AU$15.1b | AU$1.6b | 26x | 24.6x | 2.6x |
| Mon, 20 Nov 2023 | AU$34.8b | AU$15.4b | AU$1.6b | 20.8x | 21.5x | 2.3x |
| Wed, 18 Oct 2023 | AU$31.6b | AU$15.5b | AU$1.7b | 17.6x | 18.7x | 2x |
| Fri, 15 Sep 2023 | AU$33.0b | AU$15.3b | AU$1.9b | 18.9x | 17.2x | 2.2x |
| Sun, 13 Aug 2023 | AU$34.4b | AU$15.1b | AU$1.9b | 21.6x | 18x | 2.3x |
| Tue, 11 Jul 2023 | AU$29.4b | AU$14.7b | AU$1.8b | 18.7x | 16.6x | 2x |
| Thu, 08 Jun 2023 | AU$29.6b | AU$14.6b | AU$1.8b | 18.5x | 16.7x | 2x |
| Sat, 06 May 2023 | AU$26.8b | AU$14.5b | AU$1.7b | 16.3x | 15.6x | 1.8x |
| Mon, 03 Apr 2023 | AU$24.8b | AU$14.6b | AU$1.7b | 14.9x | 14.4x | 1.7x |
| Wed, 01 Mar 2023 | AU$25.2b | AU$14.5b | AU$1.9b | 15.2x | 13x | 1.7x |
| Fri, 27 Jan 2023 | AU$25.4b | AU$14.0b | AU$1.9b | 11.4x | 13.3x | 1.8x |
| Sun, 25 Dec 2022 | AU$21.7b | AU$14.3b | AU$2.0b | 10.4x | 11.1x | 1.5x |
| Tue, 22 Nov 2022 | AU$23.1b | AU$14.3b | AU$2.0b | 10.6x | 11.8x | 1.6x |
| Thu, 20 Oct 2022 | AU$24.3b | AU$14.4b | AU$2.0b | 8.5x | 11.9x | 1.7x |
| Sat, 17 Sep 2022 | AU$24.1b | AU$13.9b | AU$1.9b | 12.2x | 12.9x | 1.7x |
| Mon, 15 Aug 2022 | AU$26.6b | AU$13.3b | AU$1.8b | 14.5x | 14.8x | 2x |
| Wed, 13 Jul 2022 | AU$24.6b | AU$13.5b | AU$1.8b | 13.1x | 13.5x | 1.8x |
| Fri, 10 Jun 2022 | AU$25.8b | AU$13.2b | AU$1.8b | 15x | 14.5x | 2x |
| Sun, 08 May 2022 | AU$29.7b | AU$12.9b | AU$1.8b | 16.8x | 16.2x | 2.3x |
| Tue, 05 Apr 2022 | AU$30.6b | AU$12.7b | AU$1.8b | 16.8x | 17x | 2.4x |
| Thu, 03 Mar 2022 | AU$32.0b | AU$12.3b | AU$1.3b | 18.4x | 24.5x | 2.6x |
| Sat, 29 Jan 2022 | AU$35.3b | AU$12.5b | AU$1.3b | 21.8x | 28.1x | 2.8x |
| Mon, 27 Dec 2021 | AU$39.9b | AU$12.4b | AU$1.2b | 22.7x | 32.2x | 3.2x |
Price to Earnings Ratio
32.2x
Current Industry PE
- Investors are optimistic on the Australian Construction Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 47.3x which is higher than its 3-year average PE of 22.4x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Construction 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 Comparison
How does Australian Construction Materials compare with similar industries?
| AU Market | -0.62% | |
| Materials | -4.82% | |
| Basic Materials | -0.86% | |
| Construction Materials | -0.86% | |
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 | |
|---|---|---|---|---|---|
| WGN Wagners Holding | AU$1.39 | 1.8% +AU$4.7m | 55.6% | PE25.3x |