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Australian (ASX) Utilities Sector Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies17
  • 7D-0.03%
  • 3M13.2%
  • 1Y34.6%
  • YTD23.1%

The Utilities industry has been flat over the last week, but LGI has lost 4.0%. As for the the longer term, the industry is up 35% over the past 12 months. Earnings are forecast to grow by 43% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022AU$33.1bAU$31.0b-AU$328,209,435.0010x-100.7x1.1x
Sat, 29 Oct 2022AU$27.2bAU$31.1b-AU$327,812,048.008x-83.1x0.9x
Mon, 26 Sep 2022AU$26.9bAU$31.1b-AU$315,613,192.006.3x-85.2x0.9x
Wed, 24 Aug 2022AU$30.2bAU$31.0b-AU$426,071,153.0026.5x-70.9x1x
Fri, 22 Jul 2022AU$30.3bAU$27.0b-AU$1,323,063,001.0022.5x-22.9x1.1x
Sun, 19 Jun 2022AU$29.4bAU$27.0b-AU$1,323,052,874.0025.5x-22.2x1.1x
Tue, 17 May 2022AU$31.7bAU$27.0b-AU$1,323,053,118.0026.4x-23.9x1.2x
Thu, 14 Apr 2022AU$30.8bAU$27.0b-AU$1,322,890,256.0030.9x-23.3x1.1x
Sat, 12 Mar 2022AU$42.7bAU$29.2b-AU$992,149,283.0037.4x-43x1.5x
Mon, 07 Feb 2022AU$43.0bAU$28.3b-AU$4,020,062,951.0052.3x-10.7x1.5x
Wed, 05 Jan 2022AU$41.2bAU$28.2b-AU$4,020,076,429.0052.1x-10.3x1.5x
Fri, 03 Dec 2021AU$38.8bAU$28.3b-AU$4,020,071,533.0051.8x-9.7x1.4x
Sun, 31 Oct 2021AU$37.5bAU$28.2b-AU$3,971,907,690.0047.7x-9.4x1.3x
Tue, 28 Sep 2021AU$37.3bAU$28.3b-AU$3,910,275,280.0030x-9.5x1.3x
Thu, 26 Aug 2021AU$36.3bAU$28.3b-AU$3,912,358,192.5920.9x-9.3x1.3x
Fri, 02 Jul 2021AU$35.0bAU$28.3b-AU$3,912,358,192.5923.8x-9x1.2x
Mon, 05 Apr 2021AU$37.5bAU$28.6b-AU$2,736,057,861.3523.1x-13.7x1.3x
Thu, 07 Jan 2021AU$38.1bAU$28.9b-AU$1,534,207,975.8020x-24.8x1.3x
Wed, 30 Sep 2020AU$39.4bAU$29.8bAU$158.4m34.2x248.5x1.3x
Sat, 04 Jul 2020AU$44.4bAU$30.6bAU$1.8b42.1x24.6x1.5x
Tue, 07 Apr 2020AU$40.7bAU$31.4bAU$2.2b21.9x18.3x1.3x
Fri, 10 Jan 2020AU$52.0bAU$32.3bAU$2.6b23.2x19.8x1.6x
Price to Earnings Ratio

20.2x


Total Market Cap: AU$52.5bTotal Earnings: AU$2.6bTotal Revenue: AU$32.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Utilities Sector Price to Earnings3Y Average 8.4x202020212022
Current Industry PE
  • Investors are pessimistic on the Australian Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • Total earnings for the Utilities industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

AU Market0.51%
Utilities-0.031%
Renewable Energy2.36%
Other Utilities1.30%
Gas Utilities-0.18%
Electric Utilities-0.51%
Water Utilities-1.83%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry even though it's trading below its 3-year average PE ratio of 730x.
    • Analysts are expecting annual earnings growth of 11.5% and investors are willing to pay a premium for that growth.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 85% over the next 5 years.
  • However this is lower than its past earnings growth rate of 568% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 11% 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$8.082.8%
+AU$148.0m
47.7%PE6.3x
APA APA GroupAU$11.310.9%
+AU$118.0m
19.4%PE57.9x
ORG Origin EnergyAU$7.950.6%
+AU$85.9m
64.3%PS0.9x
EWC Energy WorldAU$0.04922.5%
+AU$23.5m
-46.2%PE9.6x
TPC TPC ConsolidatedAU$2.886.7%
+AU$2.0m
-17.7%PE6.3x
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Timah Resources

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-5.4%

1Y

-28.6%

GNX

AU$0.17

Genex Power

7D

-2.9%

1Y

-13.2%

AGL

AU$8.08

AGL Energy

7D

2.8%

1Y

47.7%

TPC

AU$2.88

TPC Consolidated

7D

6.7%

1Y

-17.7%

RNE

AU$0.055

ReNu Energy

7D

-14.1%

1Y

-43.3%

PO3

AU$0.34

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-1.4%

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-72.2%

NEW

AU$0.18

New Energy Solar

7D

-2.6%

1Y

-77.4%

EWC

AU$0.049

Energy World

7D

22.5%

1Y

-46.2%

DEM

AU$0.13

De.mem

7D

1.9%

1Y

-44.8%

DEL

AU$0.07

Delorean

7D

-14.6%

1Y

-67.4%

ORG

AU$7.95

Origin Energy

7D

0.6%

1Y

64.3%

LPE

AU$0.061

Locality Planning Energy Holdings

7D

-4.7%

1Y

-57.9%

APA

AU$11.31

APA Group

7D

0.9%

1Y

19.4%

LGI

AU$1.92

LGI

7D

-4.0%

1Y

n/a

D2O

AU$1.62

Duxton Water

7D

-2.1%

1Y

8.4%