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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | AU$33.1b | AU$31.0b | -AU$328,209,435.00 | 10x | -100.7x | 1.1x |
| Sat, 29 Oct 2022 | AU$27.2b | AU$31.1b | -AU$327,812,048.00 | 8x | -83.1x | 0.9x |
| Mon, 26 Sep 2022 | AU$26.9b | AU$31.1b | -AU$315,613,192.00 | 6.3x | -85.2x | 0.9x |
| Wed, 24 Aug 2022 | AU$30.2b | AU$31.0b | -AU$426,071,153.00 | 26.5x | -70.9x | 1x |
| Fri, 22 Jul 2022 | AU$30.3b | AU$27.0b | -AU$1,323,063,001.00 | 22.5x | -22.9x | 1.1x |
| Sun, 19 Jun 2022 | AU$29.4b | AU$27.0b | -AU$1,323,052,874.00 | 25.5x | -22.2x | 1.1x |
| Tue, 17 May 2022 | AU$31.7b | AU$27.0b | -AU$1,323,053,118.00 | 26.4x | -23.9x | 1.2x |
| Thu, 14 Apr 2022 | AU$30.8b | AU$27.0b | -AU$1,322,890,256.00 | 30.9x | -23.3x | 1.1x |
| Sat, 12 Mar 2022 | AU$42.7b | AU$29.2b | -AU$992,149,283.00 | 37.4x | -43x | 1.5x |
| Mon, 07 Feb 2022 | AU$43.0b | AU$28.3b | -AU$4,020,062,951.00 | 52.3x | -10.7x | 1.5x |
| Wed, 05 Jan 2022 | AU$41.2b | AU$28.2b | -AU$4,020,076,429.00 | 52.1x | -10.3x | 1.5x |
| Fri, 03 Dec 2021 | AU$38.8b | AU$28.3b | -AU$4,020,071,533.00 | 51.8x | -9.7x | 1.4x |
| Sun, 31 Oct 2021 | AU$37.5b | AU$28.2b | -AU$3,971,907,690.00 | 47.7x | -9.4x | 1.3x |
| Tue, 28 Sep 2021 | AU$37.3b | AU$28.3b | -AU$3,910,275,280.00 | 30x | -9.5x | 1.3x |
| Thu, 26 Aug 2021 | AU$36.3b | AU$28.3b | -AU$3,912,358,192.59 | 20.9x | -9.3x | 1.3x |
| Fri, 02 Jul 2021 | AU$35.0b | AU$28.3b | -AU$3,912,358,192.59 | 23.8x | -9x | 1.2x |
| Mon, 05 Apr 2021 | AU$37.5b | AU$28.6b | -AU$2,736,057,861.35 | 23.1x | -13.7x | 1.3x |
| Thu, 07 Jan 2021 | AU$38.1b | AU$28.9b | -AU$1,534,207,975.80 | 20x | -24.8x | 1.3x |
| Wed, 30 Sep 2020 | AU$39.4b | AU$29.8b | AU$158.4m | 34.2x | 248.5x | 1.3x |
| Sat, 04 Jul 2020 | AU$44.4b | AU$30.6b | AU$1.8b | 42.1x | 24.6x | 1.5x |
| Tue, 07 Apr 2020 | AU$40.7b | AU$31.4b | AU$2.2b | 21.9x | 18.3x | 1.3x |
| Fri, 10 Jan 2020 | AU$52.0b | AU$32.3b | AU$2.6b | 23.2x | 19.8x | 1.6x |
Price to Earnings Ratio
20.2x
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 Market | 0.51% | |
| Utilities | -0.031% | |
| Renewable Energy | 2.36% | |
| Other Utilities | 1.30% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AGL AGL Energy | AU$8.08 | 2.8% +AU$148.0m | 47.7% | PE6.3x | |
| APA APA Group | AU$11.31 | 0.9% +AU$118.0m | 19.4% | PE57.9x | |
| ORG Origin Energy | AU$7.95 | 0.6% +AU$85.9m | 64.3% | PS0.9x | |
| EWC Energy World | AU$0.049 | 22.5% +AU$23.5m | -46.2% | PE9.6x | |
| TPC TPC Consolidated | AU$2.88 | 6.7% +AU$2.0m | -17.7% | PE6.3x |