Australian (ASX) Water Industry Analysis

UpdatedJul 14, 2025

DataAggregated Company Financials

Companies2

7D-2.3%
3M0.07%
1Y3.0%
YTDn/a

Over the last 7 days, the Water industry has dropped 2.3%, driven by a pullback from Duxton Water of 2.0%. Meanwhile, Fluence actually outperformed within the industry, gaining 6.3% in the last week. As for the longer term, the industry's performance has been flat for the past year. In the next few years, earnings are forecast to decline by 9.9% 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
Tue, 15 Jul 2025	AU$261.1m	AU$49.9m	AU$6.6m	24.8x	39.8x	5.2x
Thu, 12 Jun 2025	AU$272.0m	AU$49.9m	AU$6.6m	25.6x	41.4x	5.5x
Sat, 10 May 2025	AU$271.8m	AU$49.9m	AU$6.6m	25.7x	41.4x	5.4x
Mon, 07 Apr 2025	AU$255.9m	AU$49.9m	AU$6.6m	24x	39x	5.1x
Wed, 05 Mar 2025	AU$240.9m	AU$49.9m	AU$6.6m	22.2x	36.7x	4.8x
Fri, 31 Jan 2025	AU$322.4m	AU$151.2m	-AU$18,991,734.40	17.8x	-17x	2.1x
Sun, 29 Dec 2024	AU$328.1m	AU$151.4m	-AU$19,039,625.60	17.8x	-17.2x	2.2x
Tue, 26 Nov 2024	AU$338.1m	AU$147.1m	-AU$17,814,979.20	18.7x	-19x	2.3x
Thu, 24 Oct 2024	AU$354.4m	AU$145.1m	-AU$17,240,284.80	18.1x	-20.6x	2.4x
Sat, 21 Sep 2024	AU$348.1m	AU$143.0m	-AU$16,634,803.20	18x	-20.9x	2.4x
Mon, 19 Aug 2024	AU$358.4m	AU$149.4m	-AU$19,811,293.00	33x	-18.1x	2.4x
Wed, 17 Jul 2024	AU$386.3m	AU$148.2m	-AU$19,561,169.50	34x	-19.7x	2.6x
Fri, 14 Jun 2024	AU$248.5m	AU$44.4m	AU$3.2m	34.4x	77.7x	5.6x
Sun, 12 May 2024	AU$252.0m	AU$44.4m	AU$3.2m	34.4x	78.8x	5.7x
Tue, 09 Apr 2024	AU$267.7m	AU$44.4m	AU$3.2m	36.7x	83.7x	6x
Thu, 07 Mar 2024	AU$260.3m	AU$44.4m	AU$3.2m	35.7x	81.4x	5.9x
Sat, 03 Feb 2024	AU$248.5m	AU$44.0m	AU$5.3m	26.7x	46.9x	5.6x
Mon, 01 Jan 2024	AU$265.7m	AU$44.0m	AU$5.3m	28.2x	50.1x	6x
Wed, 29 Nov 2023	AU$271.0m	AU$44.0m	AU$5.3m	28.9x	51.1x	6.2x
Fri, 27 Oct 2023	AU$285.0m	AU$44.0m	AU$5.3m	30.2x	53.8x	6.5x
Sun, 24 Sep 2023	AU$287.5m	AU$44.0m	AU$5.3m	30.2x	54.2x	6.5x
Tue, 22 Aug 2023	AU$325.3m	AU$39.6m	AU$6.5m	28.4x	49.9x	8.2x
Thu, 20 Jul 2023	AU$230.9m	AU$39.6m	AU$6.5m	18.9x	35.4x	5.8x
Sat, 17 Jun 2023	AU$232.7m	AU$39.6m	AU$6.5m	19.6x	35.7x	5.9x
Mon, 15 May 2023	AU$230.2m	AU$39.6m	AU$6.5m	19.6x	35.3x	5.8x
Wed, 12 Apr 2023	AU$243.1m	AU$39.6m	AU$6.5m	20.7x	37.3x	6.1x
Fri, 10 Mar 2023	AU$243.1m	AU$39.6m	AU$6.5m	21x	37.3x	6.1x
Sun, 05 Feb 2023	AU$230.6m	AU$37.6m	AU$6.2m	18x	37.4x	6.1x
Tue, 03 Jan 2023	AU$218.7m	AU$37.6m	AU$6.2m	17.5x	35.4x	5.8x
Thu, 01 Dec 2022	AU$223.8m	AU$37.6m	AU$6.2m	17.6x	36.3x	6x
Sat, 29 Oct 2022	AU$224.1m	AU$37.6m	AU$6.2m	17.8x	36.3x	6x
Mon, 26 Sep 2022	AU$222.9m	AU$37.6m	AU$6.2m	17.6x	36.1x	5.9x
Wed, 24 Aug 2022	AU$234.5m	AU$47.4m	AU$4.1m	23.8x	57.6x	5x
Fri, 22 Jul 2022	AU$241.9m	AU$47.4m	AU$4.1m	23.5x	59.5x	5.1x

Price to Earnings Ratio

59.5x

Fri, 22 Jul 2022

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 17% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.