South African (JSE) Construction Industry Analysis
UpdatedMay 20, 2024
DataAggregated Company Financials
Companies4
- 7D4.2%
- 3M18.0%
- 1Y32.7%
- YTD16.1%
In the last week, the Construction industry is up 8.6%, with Raubex Group up 19%. This means that the industry has gained 35% over the past year. Looking forward, earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the South African Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 May 2024 | R15.7b | R91.9b | R438.0m | 8x | 35.8x | 0.2x |
| Thu, 18 Apr 2024 | R13.7b | R90.9b | R349.2m | 7.4x | 39.4x | 0.2x |
| Sat, 16 Mar 2024 | R13.8b | R90.9b | R349.2m | 7.3x | 39.4x | 0.2x |
| Mon, 12 Feb 2024 | R13.7b | R81.5b | R248.7m | 7.4x | 55x | 0.2x |
| Wed, 10 Jan 2024 | R13.3b | R81.5b | R248.7m | 7.1x | 53.6x | 0.2x |
| Fri, 08 Dec 2023 | R12.9b | R81.5b | R248.7m | 7.1x | 51.9x | 0.2x |
| Sun, 05 Nov 2023 | R12.1b | R80.4b | R194.3m | 6.9x | 62.1x | 0.2x |
| Tue, 03 Oct 2023 | R12.8b | R80.4b | R194.3m | 7.2x | 65.7x | 0.2x |
| Thu, 31 Aug 2023 | R13.3b | R94.3b | R605.3m | 6.8x | 21.9x | 0.1x |
| Sat, 29 Jul 2023 | R12.8b | R92.8b | R1.9b | 6.6x | 6.8x | 0.1x |
| Mon, 26 Jun 2023 | R11.1b | R92.8b | R1.9b | 6.4x | 5.9x | 0.1x |
| Wed, 24 May 2023 | R11.7b | R92.8b | R1.9b | 6.6x | 6.2x | 0.1x |
| Fri, 21 Apr 2023 | R12.3b | R90.4b | R1.8b | 6.9x | 7x | 0.1x |
| Sun, 19 Mar 2023 | R12.0b | R90.4b | R1.8b | 7.1x | 6.8x | 0.1x |
| Tue, 14 Feb 2023 | R13.6b | R91.6b | R1.7b | 7.6x | 8.2x | 0.1x |
| Thu, 12 Jan 2023 | R13.0b | R91.6b | R1.7b | 7.1x | 7.8x | 0.1x |
| Sat, 10 Dec 2022 | R12.9b | R91.6b | R1.7b | 6.8x | 7.7x | 0.1x |
| Mon, 07 Nov 2022 | R14.0b | R84.5b | R1.8b | 8.4x | 7.9x | 0.2x |
| Wed, 05 Oct 2022 | R15.3b | R84.5b | R1.8b | 10.6x | 8.6x | 0.2x |
| Fri, 02 Sep 2022 | R16.7b | R95.7b | -R94,766,000.00 | 12.9x | -175.9x | 0.2x |
| Sun, 31 Jul 2022 | R17.8b | R91.8b | -R316,766,000.00 | 14.3x | -56.2x | 0.2x |
| Tue, 28 Jun 2022 | R17.1b | R91.8b | -R316,766,000.00 | 14.6x | -53.9x | 0.2x |
| Thu, 26 May 2022 | R16.7b | R91.8b | -R316,766,000.00 | 14.2x | -52.6x | 0.2x |
| Sat, 23 Apr 2022 | R17.5b | R91.1b | -R410,979,000.00 | 17x | -42.7x | 0.2x |
| Mon, 21 Mar 2022 | R18.5b | R91.1b | -R410,979,000.00 | 17.6x | -45.1x | 0.2x |
| Wed, 16 Feb 2022 | R76.6b | R92.6b | R1.2b | 45.1x | 65.9x | 0.8x |
| Fri, 14 Jan 2022 | R92.6b | R92.6b | R1.2b | 45.7x | 79.6x | 1x |
| Sun, 12 Dec 2021 | R83.8b | R92.6b | R1.2b | 46.3x | 72.1x | 0.9x |
| Tue, 09 Nov 2021 | R21.4b | R95.6b | R551.4m | 30.3x | 38.8x | 0.2x |
| Thu, 07 Oct 2021 | R20.8b | R95.6b | R551.4m | 29.8x | 37.7x | 0.2x |
| Sat, 04 Sep 2021 | R18.9b | R92.3b | -R632,611,000.00 | 33.5x | -29.8x | 0.2x |
| Mon, 02 Aug 2021 | R18.2b | R92.3b | -R632,611,000.00 | 32.4x | -28.7x | 0.2x |
Price to Earnings Ratio
-12.5x
Current Industry PE
- Investors are optimistic on the South African Construction industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.8x which is higher than its 3-year average PE of 10.4x.
- The industry is trading close to its 3-year average PS ratio of 0.22x.
Past Earnings Growth
- Total earnings for the Construction industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the South African Industrials industry?
| ZA Market | 0.77% | |
| Industrials | 1.09% | |
| Construction | 4.22% | |
| Construction and Engineering | 4.22% | |
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 | |
|---|---|---|---|---|---|
| RBX Raubex Group | R37.34 | 8.3% +R510.9m | 43.6% | PE7.9x | |
| WBO Wilson Bayly Holmes-Ovcon | R145.73 | 1.6% +R122.2m | 37.4% | PE8.2x | |
| AEG Aveng | R5.94 | 8.0% +R55.9m | -33.9% | PS0.02x | |
| MUR Murray & Roberts Holdings | R1.57 | 3.3% +R20.2m | 48.1% | PS0.05x | |
| SSK Stefanutti Stocks Holdings | R1.13 | 8.7% +R15.1m | -0.9% | PS0.03x |