New Narrative • Apr 27
Have your own idea? Try our Stock Screener
Australian (ASX) Water Industry Analysis
UpdatedMay 16, 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%. Unfortunately though, the industry is down 11% over the past 12 months. 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 |
|---|---|---|---|---|---|---|
| Sat, 16 May 2026 | AU$247.5m | AU$82.0m | AU$19.9m | 10.2x | 12.4x | 3x |
| Mon, 13 Apr 2026 | AU$260.0m | AU$82.0m | AU$19.9m | 10.6x | 13.1x | 3.2x |
| Wed, 11 Mar 2026 | AU$269.8m | AU$82.0m | AU$19.9m | 10.8x | 13.6x | 3.3x |
| Fri, 06 Feb 2026 | AU$279.7m | AU$75.4m | AU$23.5m | 9.6x | 11.9x | 3.7x |
| Sun, 04 Jan 2026 | AU$264.3m | AU$75.4m | AU$23.5m | 8.9x | 11.2x | 3.5x |
| Tue, 02 Dec 2025 | AU$264.5m | AU$75.4m | AU$23.5m | 9.1x | 11.2x | 3.5x |
| Thu, 30 Oct 2025 | AU$260.5m | AU$75.4m | AU$23.5m | 9x | 11.1x | 3.5x |
| Sat, 27 Sep 2025 | AU$261.1m | AU$75.4m | AU$23.5m | 9.1x | 11.1x | 3.5x |
| Mon, 25 Aug 2025 | AU$261.0m | AU$49.9m | AU$6.6m | 24.7x | 39.8x | 5.2x |
| Wed, 23 Jul 2025 | AU$267.3m | AU$49.9m | AU$6.6m | 25.5x | 40.7x | 5.4x |
| Fri, 20 Jun 2025 | AU$260.8m | AU$49.9m | AU$6.6m | 24.9x | 39.7x | 5.2x |
| Sun, 18 May 2025 | AU$272.1m | AU$49.9m | AU$6.6m | 25.7x | 41.4x | 5.5x |
| Tue, 15 Apr 2025 | AU$261.9m | AU$49.9m | AU$6.6m | 24.6x | 39.9x | 5.3x |
| Thu, 13 Mar 2025 | AU$236.2m | AU$49.9m | AU$6.6m | 22.2x | 36x | 4.7x |
| Sat, 08 Feb 2025 | AU$318.2m | AU$150.4m | -AU$18,745,436.80 | 17.7x | -17x | 2.1x |
| Mon, 06 Jan 2025 | AU$324.4m | AU$151.4m | -AU$19,031,073.60 | 17.6x | -17x | 2.1x |
| Wed, 04 Dec 2024 | AU$339.1m | AU$147.3m | -AU$17,873,132.80 | 18.4x | -19x | 2.3x |
| Fri, 01 Nov 2024 | AU$346.6m | AU$146.2m | -AU$17,549,867.20 | 18.5x | -19.7x | 2.4x |
| Sun, 29 Sep 2024 | AU$356.3m | AU$141.8m | -AU$16,289,302.40 | 18.6x | -21.9x | 2.5x |
| Tue, 27 Aug 2024 | AU$364.3m | AU$147.7m | -AU$19,446,082.00 | 32.6x | -18.7x | 2.5x |
| Thu, 25 Jul 2024 | AU$393.9m | AU$150.5m | -AU$20,058,347.50 | 34.7x | -19.6x | 2.6x |
| Sat, 22 Jun 2024 | AU$260.2m | AU$44.4m | AU$3.2m | 36.2x | 81.4x | 5.9x |
| Mon, 20 May 2024 | AU$253.0m | AU$44.4m | AU$3.2m | 35x | 79.1x | 5.7x |
| Wed, 17 Apr 2024 | AU$260.6m | AU$44.4m | AU$3.2m | 35.3x | 81.5x | 5.9x |
| Fri, 15 Mar 2024 | AU$266.0m | AU$44.4m | AU$3.2m | 36.2x | 83.2x | 6x |
| Sun, 11 Feb 2024 | AU$250.3m | AU$44.0m | AU$5.3m | 27x | 47.2x | 5.7x |
| Tue, 09 Jan 2024 | AU$256.1m | AU$44.0m | AU$5.3m | 27.2x | 48.3x | 5.8x |
| Thu, 07 Dec 2023 | AU$271.0m | AU$44.0m | AU$5.3m | 28.9x | 51.1x | 6.2x |
| Sat, 04 Nov 2023 | AU$281.6m | AU$44.0m | AU$5.3m | 29.7x | 53.1x | 6.4x |
| Mon, 02 Oct 2023 | AU$293.7m | AU$44.0m | AU$5.3m | 30.7x | 55.4x | 6.7x |
| Wed, 30 Aug 2023 | AU$291.3m | AU$42.5m | AU$4.9m | 30x | 59.2x | 6.8x |
| Fri, 28 Jul 2023 | AU$227.8m | AU$39.6m | AU$6.5m | 18.7x | 35x | 5.7x |
| Sun, 25 Jun 2023 | AU$233.9m | AU$39.6m | AU$6.5m | 19.6x | 35.9x | 5.9x |
| Tue, 23 May 2023 | AU$233.8m | AU$39.6m | AU$6.5m | 20x | 35.9x | 5.9x |
Price to Earnings Ratio
35.9x
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 |