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Australian (ASX) Utilities Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies16
  • 7D-0.3%
  • 3M8.4%
  • 1Y-6.6%
  • YTD-0.8%

Over the last 7 days, the Utilities industry has remained flat, although notably Origin Energy declined by 6.1%. As for the longer term, the industry has declined 6.6% in the last year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021AU$39.2bAU$28.3b-AU$4,020,069,090.0052x
Fri, 29 Oct 2021AU$38.0bAU$28.2b-AU$3,971,912,054.0048.1x
Sun, 26 Sep 2021AU$37.4bAU$28.3b-AU$3,910,275,280.0029.8x
Tue, 24 Aug 2021AU$37.4bAU$28.3b-AU$3,912,358,192.5923.3x
Wed, 30 Jun 2021AU$35.0bAU$28.3b-AU$3,912,358,192.5923.8x
Sat, 03 Apr 2021AU$37.5bAU$28.6b-AU$2,736,057,861.3523.1x
Tue, 05 Jan 2021AU$38.1bAU$28.9b-AU$1,534,207,975.8020x
Fri, 09 Oct 2020AU$39.4bAU$29.8bAU$158.4m34.2x
Thu, 02 Jul 2020AU$44.4bAU$30.6bAU$1.8b42.1x
Sun, 05 Apr 2020AU$40.7bAU$31.4bAU$2.2b21.9x
Wed, 08 Jan 2020AU$52.0bAU$32.3bAU$2.6b23.2x
Tue, 01 Oct 2019AU$51.4bAU$32.7bAU$2.6b13.6x
Fri, 05 Jul 2019AU$50.6bAU$33.1bAU$2.6b11.9x
Mon, 08 Apr 2019AU$50.0bAU$32.9bAU$2.8b10.5x
Thu, 10 Jan 2019AU$45.4bAU$32.8bAU$3.0b11.2x
PE Ratio

15.3x

Total Market Cap: AU$44.7bTotal Earnings: AU$2.8bTotal Revenue: AU$32.5b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 51.8x which is higher than its 3-year average PE of 22.8x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: Total earnings for the Utilities industry have declined over the last three years, with the industry now making a loss overall. Revenues have declined 4.6% per year. This means overall sales are declining and profits are subsequently falling as well.

Industry Trends

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

Gas Utilities2.86%
Water Utilities0.30%
Other Utilities-0.53%
Electric Utilities-1.68%
Renewable Energy-3.46%

Industry PE: Investors are most optimistic about the Gas Utilities industry which is trading above its 3-year average PE ratio of 466x. This is likely because analysts are expecting annual earnings growth of 28%, which is higher than its past year's earnings decline of 99% per year. Meanwhile, investors are most pessimistic about the Other Utilities industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 7.3x.

Forecasted Growth: Analysts are most optimistic on the Other Utilities industry, expecting annual earnings growth of 88% over the next 5 years. This is better than it's past earnings growth rate of 39% per year. Meanwhile, the Electric Utilities industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
APA APA Group1.1%+AU$118.0m-8.9%n/a
SKI Spark Infrastructure Group1.8%+AU$87.7m36.7%PE65.5x
AGL AGL Energy0.7%+AU$26.3m-60.1%n/a
DEL Delorean9.8%+AU$3.7mn/an/a
D2O Duxton Water1.7%+AU$3.0m10.2%n/a
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PO3

AU$1.25

PuriflOH

7D

2.0%

1Y

-28.2%

RNE

AU$0.096

ReNu Energy

7D

-20.0%

1Y

200.0%

DEM

AU$0.25

De.mem

7D

0%

1Y

-13.8%