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Australian (ASX) Utilities Sector Analysis

UpdatedJun 07, 2025
DataAggregated Company Financials
Companies15
  • 7D-0.5%
  • 3M6.5%
  • 1Y-0.6%
  • YTD1.6%

In the last week, Utilities has been flat. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 10% annually.

Sector Valuation and Performance

Has the Australian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Jun 2025AU$36.9bAU$35.1bAU$943.0m15.1x39.2x1.1x
Mon, 05 May 2025AU$37.5bAU$35.1bAU$955.2m15.3x39.3x1.1x
Wed, 02 Apr 2025AU$36.9bAU$35.1bAU$934.3m15x39.5x1.1x
Fri, 28 Feb 2025AU$36.6bAU$35.1bAU$1.6b15.4x22.9x1x
Sun, 26 Jan 2025AU$36.9bAU$33.3bAU$3.1b13.8x12x1.1x
Tue, 24 Dec 2024AU$36.2bAU$33.3bAU$3.1b12.9x11.8x1.1x
Thu, 21 Nov 2024AU$36.0bAU$33.2bAU$3.1b12.9x11.7x1.1x
Sat, 19 Oct 2024AU$34.7bAU$33.2bAU$3.1b12.5x11.3x1x
Mon, 16 Sep 2024AU$35.1bAU$33.3bAU$3.0b12.3x11.7x1.1x
Wed, 14 Aug 2024AU$36.5bAU$31.6bAU$3.1b18.8x11.6x1.2x
Fri, 12 Jul 2024AU$36.9bAU$31.6bAU$3.1b19.5x11.8x1.2x
Sun, 09 Jun 2024AU$37.2bAU$31.5bAU$3.2b19x11.8x1.2x
Tue, 07 May 2024AU$35.3bAU$31.5bAU$3.2b18x11.2x1.1x
Thu, 04 Apr 2024AU$33.7bAU$31.5bAU$3.2b17.6x10.7x1.1x
Sat, 02 Mar 2024AU$32.4bAU$31.5bAU$3.2b20.8x10.3x1x
Mon, 29 Jan 2024AU$31.6bAU$34.0b-AU$15,274,616.0020.2x-2066.7x0.9x
Wed, 27 Dec 2023AU$32.8bAU$34.0b-AU$12,859,441.0020.6x-2553.6x1x
Fri, 24 Nov 2023AU$32.7bAU$34.0b-AU$15,447,575.0020.7x-2114.6x1x
Sun, 22 Oct 2023AU$34.2bAU$34.0b-AU$18,560,114.0021.9x-1841.3x1x
Tue, 19 Sep 2023AU$34.1bAU$34.1bAU$75.1m14.1x453.6x1x
Thu, 17 Aug 2023AU$33.8bAU$34.4b-AU$1,857,348,776.0018.1x-18.2x1x
Sat, 15 Jul 2023AU$35.0bAU$35.6b-AU$1,363,309,553.0013.5x-25.7x1x
Mon, 12 Jun 2023AU$34.0bAU$35.6b-AU$1,363,321,124.0014.2x-24.9x1x
Wed, 10 May 2023AU$33.7bAU$35.5b-AU$1,369,661,624.008.2x-24.6x0.9x
Fri, 07 Apr 2023AU$33.1bAU$35.5b-AU$1,369,499,767.008.1x-24.2x0.9x
Sun, 05 Mar 2023AU$31.8bAU$35.5b-AU$1,369,672,459.008.2x-23.2x0.9x
Tue, 31 Jan 2023AU$31.5bAU$31.0b-AU$328,935,594.0011.7x-95.8x1x
Thu, 29 Dec 2022AU$32.9bAU$31.0b-AU$328,400,974.009.7x-100x1.1x
Sat, 26 Nov 2022AU$33.5bAU$31.0b-AU$328,354,317.009.9x-102.2x1.1x
Mon, 24 Oct 2022AU$25.9bAU$31.1b-AU$327,457,616.007.6x-79x0.8x
Wed, 21 Sep 2022AU$28.3bAU$31.0b-AU$316,204,004.006.3x-89.5x0.9x
Fri, 19 Aug 2022AU$30.5bAU$27.0b-AU$1,323,055,766.0026.3x-23x1.1x
Sun, 17 Jul 2022AU$29.8bAU$27.0b-AU$1,323,090,353.0025.7x-22.5x1.1x
Tue, 14 Jun 2022AU$30.8bAU$27.0b-AU$1,323,015,285.0029.6x-23.3x1.1x
Price to Earnings Ratio

-23.3x


Total Market Cap: AU$30.8bTotal Earnings: -AU$1,323,015,285.00Total Revenue: AU$27.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Utilities Sector Price to Earnings3Y Average -236x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.2x which is higher than its 3-year average PE of -236x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • Total earnings for the Utilities industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 9.1% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Utilities sector?

AU Market1.02%
Utilities-0.49%
Other Utilities2.13%
Gas Utilities0.72%
Renewable Energy-1.20%
Water Utilities-1.73%
Electric Utilities-2.13%
Industry PE
  • Investors are most optimistic about the Water Utilities industry which is trading above its 3-year average PE ratio of 34.0x.
    • Analysts are expecting annual earnings decline of 9.9%, which is lower than the prior year's growth of 47.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 43% over the next 5 years.
  • In contrast, the Electric Utilities industry is expected to see its earnings decline by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AGL AGL EnergyAU$10.372.2%
+AU$148.0m
-1.1%PE30.1x
APA APA GroupAU$8.350.7%
+AU$78.3m
-2.7%PS3.4x
EWC Energy WorldAU$0.01713.3%
+AU$6.2m
70.0%PS1.4x
KPO Kalina PowerAU$0.00525.0%
+AU$2.9m
66.7%PB1.6x
DEM De.memAU$0.124.5%
+AU$1.5m
2.2%PS1.4x
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Latest News

JNS

AU$0.21

Janus Electric Holdings

7D

-16.0%

1Y

-86.9%

CCE

AU$0.053

Carnegie Clean Energy

7D

-13.1%

1Y

29.3%

D2O

AU$1.53

Duxton Water

7D

-2.6%

1Y

6.3%

KPO

AU$0.005

Kalina Power

7D

25.0%

1Y

66.7%

LPE

AU$0.12

Locality Planning Energy Holdings

7D

-5.9%

1Y

0%

DEM

AU$0.12

De.mem

7D

4.5%

1Y

2.2%

LGI

AU$2.86

LGI

7D

-1.4%

1Y

-3.7%

EWC

AU$0.017

Energy World

7D

13.3%

1Y

70.0%