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Australian (ASX) Market Analysis & Valuation

UpdatedOct 01, 2022
DataAggregated Company Financials
Companies1871
  • 7D-1.7%
  • 3M-0.4%
  • 1Y-10.8%
  • YTD-16.5%

Over the last 7 days, the market has dropped 1.7%, driven by a loss of 2.9% in the Financials sector. As for last year, the market is also down 11%. Looking forward, earnings are forecast to grow by 6.5% annually.

Market Valuation and Performance

Has the Australian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Oct 2022AU$2.2tAU$1.1tAU$149.6b14.1x14.8x2x
Mon, 29 Aug 2022AU$2.4tAU$1.1tAU$148.5b15.3x16.3x2.3x
Wed, 27 Jul 2022AU$2.3tAU$1.0tAU$132.5b14.8x17.4x2.3x
Fri, 24 Jun 2022AU$2.2tAU$1.0tAU$133.8b14.6x16.5x2.1x
Sun, 22 May 2022AU$2.5tAU$1.0tAU$133.5b16.2x18.4x2.3x
Tue, 19 Apr 2022AU$2.6tAU$1.0tAU$128.8b17.5x20.2x2.5x
Thu, 17 Mar 2022AU$2.6tAU$1.0tAU$131.2b17.5x19.5x2.4x
Sat, 12 Feb 2022AU$2.6tAU$982.6bAU$111.5b18.6x23x2.6x
Mon, 10 Jan 2022AU$2.6tAU$976.9bAU$104.3b19.4x25.4x2.7x
Wed, 08 Dec 2021AU$2.5tAU$981.2bAU$103.1b18.4x24.6x2.6x
Fri, 05 Nov 2021AU$2.6tAU$962.7bAU$97.9b19.6x26.7x2.7x
Sun, 03 Oct 2021AU$2.5tAU$961.0bAU$95.7b18.8x26.2x2.6x
Tue, 31 Aug 2021AU$2.6tAU$949.7bAU$96.9b18.4x26.9x2.7x
Wed, 07 Jul 2021AU$2.5tAU$945.8bAU$96.5b17.7x25.9x2.6x
Sat, 10 Apr 2021AU$2.3tAU$897.3bAU$70.2b17.1x32.7x2.6x
Fri, 01 Jan 2021AU$2.2tAU$874.5bAU$41.6b19.4x53.2x2.5x
Mon, 05 Oct 2020AU$1.9tAU$870.7bAU$44.4b19.7x43.4x2.2x
Thu, 09 Jul 2020AU$1.9tAU$884.9bAU$47.9b19.8x39.2x2.1x
Wed, 01 Apr 2020AU$1.6tAU$930.2bAU$75.2b15.7x20.6x1.7x
Sat, 04 Jan 2020AU$2.1tAU$923.1bAU$92.4b19.4x22.4x2.2x
Tue, 08 Oct 2019AU$2.1tAU$921.3bAU$99.4b19.3x20.7x2.2x
Price to Earnings Ratio

20.7x


Total Market Cap: AU$2.1tTotal Earnings: AU$99.4bTotal Revenue: AU$921.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Market Price to Earnings3Y Average 29.2x202020212022
Current Market PE
  • Investors are pessimistic on the Australian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 14.8x which is lower than its 3-year average PE of 29.2x.
Past Earnings Growth
  • The earnings for Australian listed companies have grown 15% per year over the last three years.
  • Revenues for these companies have grown 6.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Australian Market?

AU Market-1.70%
Healthcare1.13%
Telecom0.43%
Consumer Staples-0.20%
Materials-1.27%
Consumer Discretionary-1.38%
Energy-2.29%
Tech-2.36%
Industrials-2.48%
Financials-2.93%
Real Estate-2.94%
Utilities-3.58%
Sector PE
  • Investors are most optimistic about the Healthcare sector even though it's trading below its 3-year average PE ratio of 57.5x.
    • This optimism is likely because analysts are expecting annual earnings growth of 14.1% which is higher than its past year's earnings decline of 6.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings decline of 3.3% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 9.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
CSL CSLAU$285.022.5%
+AU$3.3b
-1.3%PE39.3xHealthcare
ALX Atlas ArteriaAU$6.23-0.3%
AU$2.5b
-1.9%PE32.6xIndustrials
BHP BHP GroupAU$38.520.9%
+AU$1.8b
4.5%PE6.2xMaterials
TLS TelstraAU$3.852.1%
+AU$923.5m
-1.3%PE26.3xTelecom
IAG Insurance Australia GroupAU$4.604.3%
+AU$465.6m
-5.4%PE32.5xFinancials
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STO

AU$7.09

Santos

7D

-4.4%

1Y

1.9%

CSL

AU$285.02

CSL

7D

2.5%

1Y

-1.3%

TLS

AU$3.85

Telstra

7D

2.1%

1Y

-1.3%