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Australian (ASX) Water Industry Analysis

UpdatedApr 01, 2026
DataAggregated Company Financials
Companies2
  • 7D-0.1%
  • 3M-3.1%
  • 1Y-2.8%
  • YTDn/a

Last week, the Water industry hasn't moved much but Fluence is up 18% in that time. Unfortunately though, the industry is down 3.6% over the past 12 months. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Apr 2026AU$256.5mAU$82.0mAU$19.9m10.4x12.9x3.1x
Fri, 27 Feb 2026AU$271.7mAU$75.4mAU$23.5m9.3x11.5x3.6x
Sun, 25 Jan 2026AU$284.2mAU$75.4mAU$23.5m9.7x12.1x3.8x
Tue, 23 Dec 2025AU$253.7mAU$75.4mAU$23.5m8.5x10.8x3.4x
Thu, 20 Nov 2025AU$262.5mAU$75.4mAU$23.5m8.8x11.2x3.5x
Sat, 18 Oct 2025AU$262.0mAU$75.4mAU$23.5m9x11.1x3.5x
Mon, 15 Sep 2025AU$260.3mAU$75.4mAU$23.5m9x11.1x3.5x
Wed, 13 Aug 2025AU$268.1mAU$49.9mAU$6.6m25.6x40.8x5.4x
Fri, 11 Jul 2025AU$265.8mAU$49.9mAU$6.6m25.3x40.5x5.3x
Sun, 08 Jun 2025AU$272.1mAU$49.9mAU$6.6m25.5x41.5x5.5x
Tue, 06 May 2025AU$274.1mAU$49.9mAU$6.6m25.8x41.8x5.5x
Thu, 03 Apr 2025AU$262.0mAU$49.9mAU$6.6m24.5x39.9x5.3x
Sat, 01 Mar 2025AU$299.9mAU$145.7m-AU$20,942,652.8022x-14.3x2.1x
Mon, 27 Jan 2025AU$311.0mAU$149.9m-AU$18,613,736.0017.4x-16.7x2.1x
Wed, 25 Dec 2024AU$321.6mAU$151.0m-AU$18,923,318.4017.4x-17x2.1x
Fri, 22 Nov 2024AU$353.2mAU$146.9m-AU$17,760,246.4018.9x-19.9x2.4x
Sun, 20 Oct 2024AU$350.7mAU$144.4m-AU$17,036,747.2018x-20.6x2.4x
Tue, 17 Sep 2024AU$352.5mAU$143.9m-AU$16,891,363.2017.9x-20.9x2.4x
Thu, 15 Aug 2024AU$350.4mAU$149.9m-AU$19,935,587.5032.1x-17.6x2.3x
Sat, 13 Jul 2024AU$383.8mAU$147.8m-AU$19,458,358.0034.2x-19.7x2.6x
Mon, 10 Jun 2024AU$254.2mAU$44.4mAU$3.2m35.5x79.5x5.7x
Wed, 08 May 2024AU$247.0mAU$44.4mAU$3.2m34x77.3x5.6x
Fri, 05 Apr 2024AU$264.7mAU$44.4mAU$3.2m36.2x82.8x6x
Sun, 03 Mar 2024AU$259.5mAU$44.4mAU$3.2m35.6x81.2x5.9x
Tue, 30 Jan 2024AU$248.7mAU$44.0mAU$5.3m26.5x46.9x5.7x
Thu, 28 Dec 2023AU$262.0mAU$44.0mAU$5.3m28.2x49.4x6x
Sat, 25 Nov 2023AU$273.0mAU$44.0mAU$5.3m28.9x51.5x6.2x
Mon, 23 Oct 2023AU$282.3mAU$44.0mAU$5.3m30x53.2x6.4x
Wed, 20 Sep 2023AU$291.8mAU$44.0mAU$5.3m30.6x55x6.6x
Fri, 18 Aug 2023AU$330.8mAU$39.6mAU$6.5m28.9x50.8x8.3x
Sun, 16 Jul 2023AU$228.4mAU$39.6mAU$6.5m19x35.1x5.8x
Tue, 13 Jun 2023AU$241.5mAU$39.6mAU$6.5m20.5x37.1x6.1x
Thu, 11 May 2023AU$228.0mAU$39.6mAU$6.5m19x35x5.8x
Sat, 08 Apr 2023AU$242.4mAU$39.6mAU$6.5m20.9x37.2x6.1x
Price to Earnings Ratio

37.2x


Total Market Cap: AU$242.4mTotal Earnings: AU$6.5mTotal Revenue: AU$39.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Water Industry Price to Earnings3Y Average 27.8x202420252026
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 Market1.07%
Utilities1.54%
Water Utilities-0.13%
Water-0.13%
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?

CompanyLast Price7D1YValuation
FLC FluenceAU$0.0918.4%
+AU$16.0m		66.7%PS0.9x

Latest News

DEM
AU$0.09
De.mem
7D
-1.1%
1Y
-14.3%
FLC
AU$0.09
Fluence
7D
18.4%
1Y
66.7%