New Narrative • Apr 27
Have your own idea? Try our Stock Screener
Australian (ASX) Water Industry Analysis
UpdatedMay 21, 2026
DataAggregated Company Financials
Companies2
- 7D-1.9%
- 3M-13.3%
- 1Y-13.3%
- YTDn/a
In the last week, the Water industry is flat overall, with Fluence standing out by going down 4.7%. As for the longer term, the industry has declined 11% in the last year. As for the next few years, earnings are forecast to decline by 31% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 May 2026 | AU$243.3m | AU$82.0m | AU$19.9m | 10.1x | 12.2x | 3x |
| Sat, 18 Apr 2026 | AU$261.6m | AU$82.0m | AU$19.9m | 10.6x | 13.2x | 3.2x |
| Mon, 16 Mar 2026 | AU$266.5m | AU$82.0m | AU$19.9m | 10.7x | 13.4x | 3.2x |
| Wed, 11 Feb 2026 | AU$278.8m | AU$75.4m | AU$23.5m | 9.6x | 11.8x | 3.7x |
| Fri, 09 Jan 2026 | AU$269.1m | AU$75.4m | AU$23.5m | 9.1x | 11.4x | 3.6x |
| Sun, 07 Dec 2025 | AU$257.5m | AU$75.4m | AU$23.5m | 8.7x | 10.9x | 3.4x |
| Tue, 04 Nov 2025 | AU$264.3m | AU$75.4m | AU$23.5m | 9.1x | 11.2x | 3.5x |
| Thu, 02 Oct 2025 | AU$272.0m | AU$75.4m | AU$23.5m | 9.5x | 11.6x | 3.6x |
| Sat, 30 Aug 2025 | AU$263.2m | AU$52.2m | AU$7.3m | 24.7x | 36.1x | 5x |
| Mon, 28 Jul 2025 | AU$271.8m | AU$49.9m | AU$6.6m | 25.7x | 41.4x | 5.4x |
| Wed, 25 Jun 2025 | AU$260.4m | AU$49.9m | AU$6.6m | 24.9x | 39.7x | 5.2x |
| Fri, 23 May 2025 | AU$274.2m | AU$49.9m | AU$6.6m | 25.8x | 41.8x | 5.5x |
| Sun, 20 Apr 2025 | AU$258.7m | AU$49.9m | AU$6.6m | 24.1x | 39.4x | 5.2x |
| Tue, 18 Mar 2025 | AU$243.5m | AU$49.9m | AU$6.6m | 22.8x | 37.1x | 4.9x |
| Thu, 13 Feb 2025 | AU$315.7m | AU$150.4m | -AU$18,762,540.80 | 17.8x | -16.8x | 2.1x |
| Sat, 11 Jan 2025 | AU$325.7m | AU$151.8m | -AU$19,161,064.00 | 17.6x | -17x | 2.1x |
| Mon, 09 Dec 2024 | AU$336.9m | AU$148.8m | -AU$18,288,760.00 | 18x | -18.4x | 2.3x |
| Wed, 06 Nov 2024 | AU$356.9m | AU$145.5m | -AU$17,342,908.80 | 19.4x | -20.6x | 2.5x |
| Fri, 04 Oct 2024 | AU$356.9m | AU$142.6m | -AU$16,503,102.40 | 18.9x | -21.6x | 2.5x |
| Sun, 01 Sep 2024 | AU$354.4m | AU$143.6m | -AU$16,790,449.60 | 17.8x | -21.1x | 2.5x |
| Tue, 30 Jul 2024 | AU$397.6m | AU$151.3m | -AU$20,224,073.50 | 34.2x | -19.7x | 2.6x |
| Thu, 27 Jun 2024 | AU$247.1m | AU$44.4m | AU$3.2m | 34.4x | 77.3x | 5.6x |
| Sat, 25 May 2024 | AU$247.8m | AU$44.4m | AU$3.2m | 34.4x | 77.5x | 5.6x |
| Mon, 22 Apr 2024 | AU$265.1m | AU$44.4m | AU$3.2m | 36.7x | 82.9x | 6x |
| Wed, 20 Mar 2024 | AU$258.6m | AU$44.4m | AU$3.2m | 35.2x | 80.9x | 5.8x |
| Fri, 16 Feb 2024 | AU$249.1m | AU$44.0m | AU$5.3m | 26.8x | 47x | 5.7x |
| Sun, 14 Jan 2024 | AU$256.4m | AU$44.0m | AU$5.3m | 27.6x | 48.4x | 5.8x |
| Tue, 12 Dec 2023 | AU$266.8m | AU$44.0m | AU$5.3m | 28.5x | 50.3x | 6.1x |
| Thu, 09 Nov 2023 | AU$283.6m | AU$44.0m | AU$5.3m | 29.8x | 53.5x | 6.4x |
| Sat, 07 Oct 2023 | AU$292.4m | AU$44.0m | AU$5.3m | 31x | 55.1x | 6.6x |
| Mon, 04 Sep 2023 | AU$288.7m | AU$44.0m | AU$5.3m | 30.2x | 54.4x | 6.6x |
| Wed, 02 Aug 2023 | AU$232.1m | AU$39.6m | AU$6.5m | 18.7x | 35.6x | 5.9x |
| Fri, 30 Jun 2023 | AU$235.0m | AU$39.6m | AU$6.5m | 19.8x | 36.1x | 5.9x |
| Sun, 28 May 2023 | AU$239.8m | AU$39.6m | AU$6.5m | 20.2x | 36.8x | 6.1x |
Price to Earnings Ratio
36.8x
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 | -1.73% | |
| Utilities | -2.55% | |
| Water Utilities | -1.94% | |
| Water | -1.94% | |
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 | |
|---|---|---|---|---|---|
| RIV Rivco Australia | AU$1.42 | 1.1% +AU$2.4m | -7.5% | PE10.3x | |
| FLC Fluence | AU$0.085 | 1.2% +AU$1.1m | 107.3% | PS0.9x |