Is Megaport (ASX:MP1) Using Too Much Debt?
May 25
Australian (ASX) Internet Services and Infrastructure Industry Analysis
UpdatedMay 31, 2023
DataAggregated Company Financials
Companies11
- 7D7.7%
- 3M19.4%
- 1Y9.8%
- YTD33.1%
In the last week, the Internet Services and Infrastructure industry is up 9.2%, with NEXTDC up 7.0%. In the last 12 months, the industry was up 7.8%. Looking forward, earnings are forecast to grow by 51% annually.
Industry Valuation and Performance
Has the Australian Internet Services and Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 31 May 2023 | AU$7.6b | AU$636.7m | -AU$153,538,220.00 | 6.8x | -49.7x | 12x |
| Fri, 28 Apr 2023 | AU$6.1b | AU$610.6m | -AU$156,426,069.00 | n/a | -39.2x | 10x |
| Sun, 26 Mar 2023 | AU$5.5b | AU$610.2m | -AU$156,313,226.00 | n/a | -35.2x | 9x |
| Tue, 21 Feb 2023 | AU$5.9b | AU$595.8m | -AU$158,721,650.00 | 505.6x | -37x | 9.8x |
| Thu, 19 Jan 2023 | AU$5.9b | AU$583.2m | -AU$167,374,869.00 | 487x | -35.4x | 10.2x |
| Sat, 17 Dec 2022 | AU$5.5b | AU$578.6m | -AU$163,027,984.00 | 457.5x | -33.8x | 9.5x |
| Mon, 14 Nov 2022 | AU$5.5b | AU$554.6m | -AU$163,434,099.00 | 367x | -33.4x | 9.8x |
| Wed, 12 Oct 2022 | AU$5.5b | AU$554.6m | -AU$163,434,099.00 | 358.4x | -33.6x | 9.9x |
| Fri, 09 Sep 2022 | AU$6.0b | AU$555.0m | -AU$162,725,287.00 | 380x | -37.1x | 10.9x |
| Sun, 07 Aug 2022 | AU$7.3b | AU$502.0m | -AU$101,070,889.00 | 766.4x | -72.5x | 14.6x |
| Tue, 05 Jul 2022 | AU$6.4b | AU$502.0m | -AU$102,223,889.00 | 710.6x | -62.4x | 12.7x |
| Thu, 02 Jun 2022 | AU$6.7b | AU$489.9m | -AU$99,930,331.00 | 717.7x | -67.2x | 13.7x |
| Sat, 30 Apr 2022 | AU$7.1b | AU$489.9m | -AU$99,930,331.00 | 732x | -71.5x | 14.6x |
| Mon, 28 Mar 2022 | AU$8.2b | AU$630.2m | -AU$97,373,379.00 | 412.3x | -83.9x | 13x |
| Wed, 23 Feb 2022 | AU$7.7b | AU$583.4m | -AU$116,296,654.00 | n/a | -66.6x | 13.3x |
| Fri, 21 Jan 2022 | AU$8.5b | AU$558.8m | -AU$124,693,237.00 | 95.7x | -68.4x | 15.3x |
| Sun, 19 Dec 2021 | AU$9.5b | AU$469.3m | -AU$119,983,237.00 | 93x | -78.9x | 20.2x |
| Tue, 16 Nov 2021 | AU$9.6b | AU$460.8m | -AU$119,009,189.00 | 93.8x | -80.9x | 20.9x |
| Thu, 14 Oct 2021 | AU$8.5b | AU$458.6m | -AU$114,870,238.00 | 84.1x | -74.3x | 18.6x |
| Sat, 11 Sep 2021 | AU$9.4b | AU$458.8m | -AU$114,633,830.00 | 80.5x | -82.2x | 20.5x |
| Mon, 09 Aug 2021 | AU$9.4b | AU$467.3m | -AU$115,283,923.00 | 76.3x | -81.2x | 20x |
| Sun, 02 May 2021 | AU$8.2b | AU$442.1m | -AU$137,990,525.00 | 69.4x | -59.4x | 18.5x |
| Wed, 03 Feb 2021 | AU$8.0b | AU$417.3m | -AU$162,506,134.00 | 48.8x | -49.2x | 19.2x |
| Sat, 07 Nov 2020 | AU$8.4b | AU$457.5m | -AU$196,845,999.00 | 35.4x | -42.6x | 18.3x |
| Fri, 31 Jul 2020 | AU$7.6b | AU$436.4m | -AU$178,829,224.00 | 27.4x | -42.4x | 17.4x |
Price to Earnings Ratio
-45.5x
Current Industry PE
- Investors are pessimistic on the Australian Internet Services and Infrastructure industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 15.4x is higher than the industry's current PS ratio of 12.1x.
Past Earnings Growth
- The earnings for companies in the Internet Services and Infrastructure industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 14% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does Australian Internet Services and Infrastructure compare with similar industries?
| AU Market | -0.81% | |
| Tech | 2.46% | |
| IT | 6.80% | |
| Internet Services and Infrastructure | 7.73% | |
| IT Consulting | 3.06% | |
| Data Processing Services | 2.12% | |
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 | |
|---|---|---|---|---|---|
| NXT NEXTDC | AU$12.71 | 8.8% +AU$510.8m | 14.9% | PS20.6x | |
| MP1 Megaport | AU$6.82 | 19.4% +AU$175.9m | -1.9% | PS8.3x | |
| WCG Webcentral | AU$0.08 | 23.1% +AU$4.9m | -65.2% | PS0.3x | |
| SOV Sovereign Cloud Holdings | AU$0.11 | 10.0% +AU$1.7m | -62.1% | PS3.9x | |
| DC2 DC Two | AU$0.024 | 0% AU$2.4k | -64.7% | PS0.7x |