South African (JSE) Construction and Engineering Industry Analysis

Industry Valuation and Performance

Has the South African Construction and Engineering Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 12 Jun 2026	R19.5b	R86.2b	R2.2b	7.4x	8.7x	0.2x
Sun, 10 May 2026	R19.1b	R78.2b	R1.5b	8.4x	12.8x	0.2x
Tue, 07 Apr 2026	R17.8b	R77.8b	R1.5b	7.9x	11.9x	0.2x
Thu, 05 Mar 2026	R19.9b	R78.1b	R1.5b	8.7x	13.1x	0.3x
Sat, 31 Jan 2026	R19.1b	R78.9b	R1.2b	8.3x	16.1x	0.2x
Mon, 29 Dec 2025	R17.4b	R78.9b	R1.2b	7.5x	14.6x	0.2x
Wed, 26 Nov 2025	R15.6b	R78.7b	R1.2b	6.8x	13.1x	0.2x
Fri, 24 Oct 2025	R16.4b	R79.3b	R1.2b	6.9x	13.2x	0.2x
Sun, 21 Sep 2025	R16.2b	R79.6b	R1.2b	6.8x	13.1x	0.2x
Tue, 19 Aug 2025	R17.9b	R83.6b	R2.1b	8x	8.7x	0.2x
Thu, 17 Jul 2025	R18.6b	R84.1b	R2.1b	8.3x	9x	0.2x
Sat, 14 Jun 2025	R18.9b	R84.1b	R2.1b	8.4x	9.2x	0.2x
Mon, 12 May 2025	R18.4b	R83.1b	R2.0b	8.4x	9.3x	0.2x
Wed, 09 Apr 2025	R17.6b	R83.3b	R2.0b	8x	8.9x	0.2x
Fri, 07 Mar 2025	R18.2b	R82.6b	R2.0b	8.3x	9.2x	0.2x
Sun, 02 Feb 2025	R21.9b	R96.4b	R2.2b	8.7x	10x	0.2x
Tue, 31 Dec 2024	R23.2b	R96.7b	R2.2b	9.4x	10.5x	0.2x
Thu, 28 Nov 2024	R22.0b	R97.0b	R2.2b	9.2x	10x	0.2x
Sat, 26 Oct 2024	R22.5b	R94.2b	R2.0b	10.5x	11x	0.2x
Mon, 23 Sep 2024	R24.2b	R94.7b	R2.0b	11.9x	11.9x	0.3x
Wed, 21 Aug 2024	R20.4b	R91.9b	R438.0m	10x	46.5x	0.2x
Fri, 19 Jul 2024	R19.3b	R91.9b	R438.0m	9.7x	44x	0.2x
Sun, 16 Jun 2024	R16.3b	R91.9b	R438.0m	8.1x	37.1x	0.2x
Tue, 14 May 2024	R15.0b	R91.9b	R438.0m	7.7x	34.4x	0.2x
Thu, 11 Apr 2024	R14.0b	R90.9b	R349.2m	7.5x	40x	0.2x
Sat, 09 Mar 2024	R13.9b	R90.9b	R349.2m	7.4x	39.7x	0.2x
Mon, 05 Feb 2024	R13.6b	R81.5b	R248.7m	7.3x	54.5x	0.2x
Wed, 03 Jan 2024	R13.5b	R81.5b	R248.7m	7.1x	54.2x	0.2x
Fri, 01 Dec 2023	R12.5b	R81.5b	R248.7m	6.8x	50.3x	0.2x
Sun, 29 Oct 2023	R11.6b	R80.4b	R194.3m	6.6x	59.8x	0.1x
Tue, 26 Sep 2023	R12.7b	R80.4b	R194.3m	7.3x	65.3x	0.2x
Thu, 24 Aug 2023	R12.7b	R94.3b	R605.3m	6.4x	21x	0.1x
Sat, 22 Jul 2023	R12.8b	R92.8b	R1.9b	6.4x	6.8x	0.1x
Mon, 19 Jun 2023	R12.0b	R92.8b	R1.9b	7x	6.4x	0.1x

Current Industry PE

Investors are pessimistic on the South African Construction and Engineering industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 8.7x which is lower than its 3-year average PE of 24.2x.

The industry is trading close to its 3-year average PS ratio of 0.20x.

Past Earnings Growth

The earnings for companies in the Construction and Engineering industry have grown 5.8% per year over the last three years.
Meanwhile revenues for these companies have declined 2.4% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does South African Construction and Engineering compare with similar industries?


ZA Market	-0.53%
Industrials	-0.046%
Construction	-0.37%
Construction and Engineering	-0.37%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Company	Last Price	7D	1Y	Valuation
WBO Wilson Bayly Holmes-Ovcon	R171.97	1.8% +R157.4m	-6.9%	PE7.4x
RBX Raubex Group	R50.61	0.4% +R36.1m	9.3%	PE8.3x
AEG Aveng	R4.26	1.4% +R7.9m	-30.0%	PS0.02x

Company

Last Price

Valuation

WBO Wilson Bayly Holmes-Ovcon

R171.97

1.8%
+R157.4m

-6.9%

PE7.4x

RBX Raubex Group

R50.61

0.4%
+R36.1m

9.3%

PE8.3x

AEG Aveng

R4.26

1.4%
+R7.9m

-30.0%

PS0.02x

Aveng Limited Announces Board and Committee Changes, Effective March 30, 2026

Aveng Limited announced the appointment of Ms Naidene Ford-Hoon as an Independent Non-executive Director and Mr. Graeme Francis Bevans as an Independent Non-executive Director and Chairman Designate with effect from March 30, 2026. Naidene is a distinguished leader and qualified CA with over 25 years of business experience, including 16 years in the Financial Services Sector at an executive management level. She has worked for Alexander Forbes Group Holdings as the Group Chief Financial Officer, the South African Reserve Bank as the Group Chief Financial Officer, and KPMG Johannesburg, amongst others. She currently serves on the board of SA Corporate Real Estate Limited, Capitec Bank Holdings Limited and the Independent Regulatory Board for Auditors (IRBA). She previously served on the Telkom SA SOC board and the board of its subsidiary, Swiftnet. Her governance experience includes service on key board committees, including Chair of Audit and Risk committees. Graeme is a highly experienced business leader, investor and company director who has worked at the forefront of investment, funds management and infrastructure industries globally for the past 20 years, most recently as Chief Executive Officer of Atlas Arteria, a AUD 6.6 billion group listed on the Australian Stock Exchange (ASX). He has served on a broad range of infrastructure boards over the course of his executive career, both as an Executive Director on behalf of the investor and as an Independent Non-Executive Director. On several of these boards, he has chaired committees with specific experience in the remuneration function. His experience spans infrastructure assets in renewable energy, roads, water, emergency services systems and complex urban utilities. He currently serves on the Tasmanian Development Board and previously served on boards including the Anglian Water Group, APRR Group, Arqiva Group, Atlas Arteria, Broadcast Australia (Chair, Remuneration), Puget Energy (Chair, Remuneration), Transalec, Airwave, Wales and West Utilities, Pacific Hydro Ltd, Ecogen and Interlink Roads. Shareholders are further advised that Graeme has been appointed as a member of the Risk Committee, Remuneration and Nominations Committee, Investment Committee, and the Tender Risk Committee. In addition, Naidene has been appointed as Chair of the Audit Committee, a member of the Risk Committee, Investment Committee and the Social, Ethics and Transformation Committee.

South African (JSE) Construction and Engineering Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Public Investment Corporation Limited acquired an additional minority stake in Wilson Bayly Holmes-Ovcon Limited (JSE:WBO).

Upcoming dividend of R1.21 per share

Stefanutti Stocks Holdings Limited to Report Fiscal Year 2026 Results on May 26, 2026

Aveng Limited Announces Board and Committee Changes, Effective March 30, 2026