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Australian (ASX) Water Industry Analysis
UpdatedMay 17, 2026
DataAggregated Company Financials
Companies2
- 7D-0.8%
- 3M-10.7%
- 1Y-11.3%
- YTDn/a
Over the last 7 days, the Water industry has remained flat, although notably Fluence gained 4.9%. As for the longer term, the industry has declined 11% in the last year. In the next few years, earnings are forecast to decline by 31% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 17 May 2026 | AU$247.5m | AU$82.0m | AU$19.9m | 10.2x | 12.4x | 3x |
| Tue, 14 Apr 2026 | AU$258.0m | AU$82.0m | AU$19.9m | 10.5x | 13x | 3.1x |
| Thu, 12 Mar 2026 | AU$269.6m | AU$82.0m | AU$19.9m | 10.9x | 13.6x | 3.3x |
| Sat, 07 Feb 2026 | AU$273.7m | AU$75.4m | AU$23.5m | 9.4x | 11.6x | 3.6x |
| Mon, 05 Jan 2026 | AU$264.3m | AU$75.4m | AU$23.5m | 8.9x | 11.2x | 3.5x |
| Wed, 03 Dec 2025 | AU$259.8m | AU$75.4m | AU$23.5m | 8.9x | 11x | 3.4x |
| Fri, 31 Oct 2025 | AU$261.2m | AU$75.4m | AU$23.5m | 9x | 11.1x | 3.5x |
| Sun, 28 Sep 2025 | AU$261.1m | AU$75.4m | AU$23.5m | 9.1x | 11.1x | 3.5x |
| Tue, 26 Aug 2025 | AU$264.9m | AU$49.9m | AU$6.6m | 25.1x | 40.4x | 5.3x |
| Thu, 24 Jul 2025 | AU$268.8m | AU$49.9m | AU$6.6m | 25.5x | 41x | 5.4x |
| Sat, 21 Jun 2025 | AU$265.6m | AU$49.9m | AU$6.6m | 25.4x | 40.5x | 5.3x |
| Mon, 19 May 2025 | AU$272.1m | AU$49.9m | AU$6.6m | 25.7x | 41.4x | 5.5x |
| Wed, 16 Apr 2025 | AU$257.1m | AU$49.9m | AU$6.6m | 23.9x | 39.2x | 5.2x |
| Fri, 14 Mar 2025 | AU$238.8m | AU$49.9m | AU$6.6m | 22.3x | 36.4x | 4.8x |
| Sun, 09 Feb 2025 | AU$318.2m | AU$150.5m | -AU$18,796,748.80 | 17.7x | -16.9x | 2.1x |
| Tue, 07 Jan 2025 | AU$322.7m | AU$150.3m | -AU$18,733,464.00 | 17.8x | -17.2x | 2.1x |
| Thu, 05 Dec 2024 | AU$338.0m | AU$148.4m | -AU$18,192,977.60 | 18x | -18.6x | 2.3x |
| Sat, 02 Nov 2024 | AU$340.0m | AU$146.3m | -AU$17,566,971.20 | 19.1x | -19.4x | 2.3x |
| Mon, 30 Sep 2024 | AU$356.3m | AU$141.8m | -AU$16,289,302.40 | 18.6x | -21.9x | 2.5x |
| Wed, 28 Aug 2024 | AU$355.0m | AU$147.6m | -AU$19,432,271.50 | 32x | -18.3x | 2.4x |
| Fri, 26 Jul 2024 | AU$380.7m | AU$151.5m | -AU$20,265,505.00 | 34.3x | -18.8x | 2.5x |
| Sun, 23 Jun 2024 | AU$260.2m | AU$44.4m | AU$3.2m | 36.2x | 81.4x | 5.9x |
| Tue, 21 May 2024 | AU$250.7m | AU$44.4m | AU$3.2m | 34.6x | 78.4x | 5.7x |
| Thu, 18 Apr 2024 | AU$258.0m | AU$44.4m | AU$3.2m | 35.7x | 80.7x | 5.8x |
| Sat, 16 Mar 2024 | AU$264.7m | AU$44.4m | AU$3.2m | 36.2x | 82.8x | 6x |
| Mon, 12 Feb 2024 | AU$250.3m | AU$44.0m | AU$5.3m | 27x | 47.2x | 5.7x |
| Wed, 10 Jan 2024 | AU$261.4m | AU$44.0m | AU$5.3m | 27.9x | 49.3x | 5.9x |
| Fri, 08 Dec 2023 | AU$273.2m | AU$44.0m | AU$5.3m | 29.4x | 51.5x | 6.2x |
| Sun, 05 Nov 2023 | AU$281.6m | AU$44.0m | AU$5.3m | 29.7x | 53.1x | 6.4x |
| Tue, 03 Oct 2023 | AU$297.6m | AU$44.0m | AU$5.3m | 31.1x | 56.1x | 6.8x |
| Thu, 31 Aug 2023 | AU$289.3m | AU$42.5m | AU$4.9m | 29.9x | 58.8x | 6.8x |
| Sat, 29 Jul 2023 | AU$228.4m | AU$39.6m | AU$6.5m | 18.7x | 35.1x | 5.8x |
| Mon, 26 Jun 2023 | AU$233.9m | AU$39.6m | AU$6.5m | 19.6x | 35.9x | 5.9x |
| Wed, 24 May 2023 | AU$238.1m | AU$39.6m | AU$6.5m | 19.9x | 36.5x | 6x |
Price to Earnings Ratio
36.5x
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 | -1.36% | |
| Utilities | 1.32% | |
| Water Utilities | -0.76% | |
| Water | -0.76% | |
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$0.085 | 4.9% +AU$4.6m | 112.5% | PS0.9x | |
| DEM De.mem | AU$0.074 | 2.1% +AU$490.4k | -32.3% | PS0.8x |