Why Wagners Holding Company Limited (ASX:WGN) Could Be Worth Watching
May 30
Australian (ASX) Construction Materials Industry Analysis
UpdatedJun 02, 2023
DataAggregated Company Financials
Companies7
- 7D-0.4%
- 3M17.7%
- 1Y14.2%
- YTD35.1%
The Construction Materials is pretty flat in the last 7 days, but Adbri has stood out, gaining 10%. As for the the longer term, the industry is up 14% over the past 12 months. Earnings are forecast to grow by 5.7% 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, 02 Jun 2023 | AU$28.9b | AU$14.8b | AU$1.8b | 17.5x | 16.2x | 2x |
| Sun, 30 Apr 2023 | AU$26.8b | AU$14.7b | AU$1.7b | 15.9x | 15.5x | 1.8x |
| Tue, 28 Mar 2023 | AU$24.9b | AU$14.6b | AU$1.7b | 14.8x | 14.4x | 1.7x |
| Thu, 23 Feb 2023 | AU$25.1b | AU$14.3b | AU$1.9b | 13.8x | 12.9x | 1.8x |
| Sat, 21 Jan 2023 | AU$24.2b | AU$14.1b | AU$1.9b | 11.4x | 12.5x | 1.7x |
| Mon, 19 Dec 2022 | AU$23.4b | AU$14.3b | AU$2.0b | 10.7x | 11.9x | 1.6x |
| Wed, 16 Nov 2022 | AU$23.3b | AU$14.3b | AU$2.0b | 10.7x | 11.9x | 1.6x |
| Fri, 14 Oct 2022 | AU$24.1b | AU$14.4b | AU$2.0b | 10.8x | 11.8x | 1.7x |
| Sun, 11 Sep 2022 | AU$25.1b | AU$13.8b | AU$1.8b | 12.5x | 13.6x | 1.8x |
| Tue, 09 Aug 2022 | AU$26.4b | AU$13.4b | AU$1.8b | 14.5x | 14.6x | 2x |
| Thu, 07 Jul 2022 | AU$24.6b | AU$13.5b | AU$1.8b | 12.8x | 13.5x | 1.8x |
| Sat, 04 Jun 2022 | AU$25.7b | AU$13.2b | AU$1.8b | 15.1x | 14.5x | 2x |
| Mon, 02 May 2022 | AU$31.2b | AU$12.9b | AU$1.8b | 16.4x | 17x | 2.4x |
| Wed, 30 Mar 2022 | AU$31.2b | AU$12.7b | AU$1.8b | 17.5x | 17.4x | 2.5x |
| Fri, 25 Feb 2022 | AU$31.5b | AU$12.3b | AU$1.3b | 17.9x | 24x | 2.6x |
| Sun, 23 Jan 2022 | AU$36.6b | AU$12.4b | AU$1.2b | 22.4x | 29.5x | 3x |
| Tue, 21 Dec 2021 | AU$39.7b | AU$12.4b | AU$1.2b | 22.1x | 31.9x | 3.2x |
| Thu, 18 Nov 2021 | AU$40.3b | AU$12.3b | AU$1.2b | 24x | 32.7x | 3.3x |
| Sat, 16 Oct 2021 | AU$37.8b | AU$12.0b | AU$1.0b | 25.6x | 36.4x | 3.2x |
| Mon, 13 Sep 2021 | AU$39.9b | AU$12.0b | AU$1.1b | 26.7x | 35.7x | 3.3x |
| Wed, 11 Aug 2021 | AU$39.4b | AU$12.0b | AU$1.1b | 28.2x | 35.3x | 3.3x |
| Sun, 06 Jun 2021 | AU$35.9b | AU$12.8b | AU$374.6m | 20.2x | 95.9x | 2.8x |
| Wed, 10 Mar 2021 | AU$30.6b | AU$13.8b | -AU$369,300,587.00 | 22.6x | -83x | 2.2x |
| Tue, 01 Dec 2020 | AU$31.2b | AU$14.1b | -AU$401,618,674.00 | 21.4x | -77.8x | 2.2x |
| Fri, 04 Sep 2020 | AU$25.0b | AU$14.2b | -AU$366,689,189.25 | 16.2x | -68.1x | 1.8x |
| Mon, 08 Jun 2020 | AU$21.6b | AU$14.9b | AU$294.0m | 25.1x | 73.4x | 1.5x |
Price to Earnings Ratio
73.4x
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 16.2x which is higher than its 3-year average PE of 3.4x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Construction Materials industry have grown 83% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Australian Construction Materials compare with similar industries?
| AU Market | -0.37% | |
| Materials | -0.10% | |
| Basic Materials | -0.40% | |
| Construction Materials | -0.40% | |
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 | |
|---|---|---|---|---|---|
| BLD Boral | AU$4.14 | 3.5% +AU$154.4m | 41.3% | PE148.3x | |
| JHX James Hardie Industries | AU$38.25 | 1.1% +AU$152.4m | 11.7% | PE21.6x | |
| ABC Adbri | AU$2.23 | 8.3% +AU$110.9m | -17.4% | PE14.2x | |
| BKW Brickworks | AU$25.96 | 1.4% +AU$53.0m | 30.8% | PE6x | |
| WGN Wagners Holding | AU$0.80 | 14.3% +AU$18.8m | -39.6% | PE70.3x |