New Narrative • Apr 27
Have your own idea? Try our Stock Screener
Australian (ASX) Water Industry Analysis
UpdatedMay 27, 2026
DataAggregated Company Financials
Companies2
- 7D-0.08%
- 3M-10.6%
- 1Y-12.4%
- YTDn/a
Over the last 7 days, the Water industry has dropped 1.7%, driven by a pullback from De.mem of 4.5%. Meanwhile, Fluence actually outperformed within the industry, gaining 14% in the last week. However, the industry is down 11% over the past year. Looking forward, earnings are forecast to decline by 31% per year.
Industry Valuation and Performance
Has the Australian Water Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 May 2026 | AU$247.2m | AU$82.0m | AU$19.9m | 10.3x | 12.4x | 3x |
| Fri, 24 Apr 2026 | AU$257.1m | AU$82.0m | AU$19.9m | 10.4x | 12.9x | 3.1x |
| Sun, 22 Mar 2026 | AU$257.4m | AU$82.0m | AU$19.9m | 10.4x | 12.9x | 3.1x |
| Tue, 17 Feb 2026 | AU$282.0m | AU$75.4m | AU$23.5m | 9.7x | 12x | 3.7x |
| Thu, 15 Jan 2026 | AU$265.9m | AU$75.4m | AU$23.5m | 9x | 11.3x | 3.5x |
| Sat, 13 Dec 2025 | AU$261.5m | AU$75.4m | AU$23.5m | 8.8x | 11.1x | 3.5x |
| Mon, 10 Nov 2025 | AU$266.5m | AU$75.4m | AU$23.5m | 8.9x | 11.3x | 3.5x |
| Wed, 08 Oct 2025 | AU$276.4m | AU$75.4m | AU$23.5m | 9.7x | 11.7x | 3.7x |
| Fri, 05 Sep 2025 | AU$259.4m | AU$75.4m | AU$23.5m | 8.9x | 11x | 3.4x |
| Sun, 03 Aug 2025 | AU$275.5m | AU$49.9m | AU$6.6m | 25.6x | 42x | 5.5x |
| Tue, 01 Jul 2025 | AU$265.3m | AU$49.9m | AU$6.6m | 25.3x | 40.4x | 5.3x |
| Thu, 29 May 2025 | AU$274.1m | AU$49.9m | AU$6.6m | 25.8x | 41.8x | 5.5x |
| Sat, 26 Apr 2025 | AU$259.7m | AU$49.9m | AU$6.6m | 24.5x | 39.6x | 5.2x |
| Mon, 24 Mar 2025 | AU$256.0m | AU$49.9m | AU$6.6m | 24.1x | 39x | 5.1x |
| Wed, 19 Feb 2025 | AU$317.4m | AU$149.3m | -AU$18,427,302.40 | 18.2x | -17.2x | 2.1x |
| Fri, 17 Jan 2025 | AU$320.9m | AU$151.6m | -AU$19,113,172.80 | 17.4x | -16.8x | 2.1x |
| Sun, 15 Dec 2024 | AU$334.4m | AU$149.3m | -AU$18,427,302.40 | 18x | -18.1x | 2.2x |
| Tue, 12 Nov 2024 | AU$356.2m | AU$146.0m | -AU$17,493,424.00 | 19.5x | -20.4x | 2.4x |
| Thu, 10 Oct 2024 | AU$349.1m | AU$144.0m | -AU$16,920,440.00 | 17.9x | -20.6x | 2.4x |
| Sat, 07 Sep 2024 | AU$353.5m | AU$144.0m | -AU$16,911,888.00 | 17.7x | -20.9x | 2.5x |
| Mon, 05 Aug 2024 | AU$361.8m | AU$151.8m | -AU$20,336,092.00 | 34x | -17.8x | 2.4x |
| Wed, 03 Jul 2024 | AU$371.6m | AU$149.7m | -AU$19,874,207.50 | 34.2x | -18.7x | 2.5x |
| Fri, 31 May 2024 | AU$256.4m | AU$44.4m | AU$3.2m | 35.7x | 80.2x | 5.8x |
| Sun, 28 Apr 2024 | AU$255.6m | AU$44.4m | AU$3.2m | 35.6x | 79.9x | 5.8x |
| Tue, 26 Mar 2024 | AU$269.8m | AU$44.4m | AU$3.2m | 37.9x | 84.4x | 6.1x |
| Thu, 22 Feb 2024 | AU$252.1m | AU$44.0m | AU$5.3m | 26.3x | 47.5x | 5.7x |
| Sat, 20 Jan 2024 | AU$253.3m | AU$44.0m | AU$5.3m | 27x | 47.8x | 5.8x |
| Mon, 18 Dec 2023 | AU$270.6m | AU$44.0m | AU$5.3m | 28.9x | 51x | 6.1x |
| Wed, 15 Nov 2023 | AU$284.3m | AU$44.0m | AU$5.3m | 29.9x | 53.6x | 6.5x |
| Fri, 13 Oct 2023 | AU$284.8m | AU$44.0m | AU$5.3m | 30x | 53.7x | 6.5x |
| Sun, 10 Sep 2023 | AU$295.1m | AU$44.0m | AU$5.3m | 31.1x | 55.6x | 6.7x |
| Tue, 08 Aug 2023 | AU$267.4m | AU$39.6m | AU$6.5m | 22.7x | 41x | 6.7x |
| Thu, 06 Jul 2023 | AU$229.9m | AU$39.6m | AU$6.5m | 18.8x | 35.3x | 5.8x |
| Sat, 03 Jun 2023 | AU$230.8m | AU$39.6m | AU$6.5m | 19.6x | 35.4x | 5.8x |
Price to Earnings Ratio
35.4x
Current Industry PE
- There are only 2 companies in the Australian Water Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have grown 45% per year over the last three years.
- Revenues for these companies have grown 27% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Water compare with similar industries?
| AU Market | 0.49% | |
| Utilities | -5.45% | |
| Water Utilities | -0.075% | |
| Water | -0.075% | |
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 | |
|---|---|---|---|---|---|
| FLC Fluence | AU$0.09 | 13.9% +AU$12.6m | 125.0% | PS0.9x | |
| RIV Rivco Australia | AU$1.43 | 0.4% +AU$794.1k | -7.5% | PE10.3x |