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Australian (ASX) Highways and Railtracks Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies4
- 7D-3.0%
- 3M-4.3%
- 1Y-15.5%
- YTDn/a
In the last week, the Highways and Railtracks industry is up 3.5%, with all of the companies up. However, the industry is down 13% over the past year. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Australian Highways and Railtracks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | AU$46.2b | AU$4.4b | AU$537.0m | 96.7x | 86.1x | 10.4x |
| Mon, 15 Apr 2024 | AU$48.8b | AU$4.4b | AU$537.0m | 102.4x | 90.9x | 11x |
| Wed, 13 Mar 2024 | AU$48.5b | AU$4.4b | AU$537.0m | 101.7x | 90.3x | 10.9x |
| Fri, 09 Feb 2024 | AU$48.7b | AU$4.4b | AU$363.0m | 331.1x | 134x | 11.1x |
| Sun, 07 Jan 2024 | AU$50.8b | AU$4.4b | AU$363.0m | 344.5x | 139.9x | 11.6x |
| Tue, 05 Dec 2023 | AU$48.3b | AU$4.4b | AU$363.0m | 326.4x | 133.1x | 11x |
| Thu, 02 Nov 2023 | AU$44.7b | AU$4.4b | AU$363.0m | 300.8x | 123.1x | 10.2x |
| Sat, 30 Sep 2023 | AU$47.2b | AU$4.4b | AU$363.3m | 36.7x | 130x | 10.8x |
| Mon, 28 Aug 2023 | AU$49.2b | AU$4.4b | AU$323.4m | 32.9x | 152.1x | 11.3x |
| Wed, 26 Jul 2023 | AU$52.7b | AU$4.4b | AU$430.1m | 34.2x | 122.4x | 12.1x |
| Fri, 23 Jun 2023 | AU$53.6b | AU$4.4b | AU$430.1m | 33.5x | 124.6x | 12.3x |
| Sun, 21 May 2023 | AU$54.5b | AU$4.4b | AU$430.1m | 35.4x | 126.7x | 12.5x |
| Tue, 18 Apr 2023 | AU$54.9b | AU$4.4b | AU$430.1m | 34.9x | 127.6x | 12.6x |
| Thu, 16 Mar 2023 | AU$54.2b | AU$4.4b | AU$430.1m | 37.2x | 126.1x | 12.5x |
| Sat, 11 Feb 2023 | AU$52.8b | AU$4.3b | AU$423.0m | 69.9x | 124.7x | 12.2x |
| Mon, 09 Jan 2023 | AU$50.0b | AU$3.6b | AU$279.0m | 69.9x | 179x | 13.9x |
| Wed, 07 Dec 2022 | AU$53.2b | AU$3.6b | AU$279.0m | 70.2x | 190.6x | 14.8x |
| Fri, 04 Nov 2022 | AU$51.0b | AU$3.6b | AU$279.0m | 73.1x | 182.7x | 14.2x |
| Sun, 02 Oct 2022 | AU$46.4b | AU$3.6b | AU$279.0m | 73.1x | 166.4x | 13x |
| Tue, 30 Aug 2022 | AU$50.3b | AU$3.6b | AU$198.7m | 1355.4x | 253.2x | 14.1x |
| Thu, 28 Jul 2022 | AU$52.0b | AU$2.9b | AU$105.7m | 42.6x | 492x | 17.7x |
| Sat, 25 Jun 2022 | AU$51.4b | AU$2.9b | AU$105.7m | 42.1x | 486.7x | 17.6x |
| Mon, 23 May 2022 | AU$50.7b | AU$2.9b | AU$105.7m | 36.8x | 480.2x | 17.3x |
| Wed, 20 Apr 2022 | AU$48.8b | AU$2.9b | AU$105.7m | 35.6x | 461.6x | 16.6x |
| Fri, 18 Mar 2022 | AU$47.2b | AU$2.9b | AU$105.7m | 36x | 446.9x | 16.1x |
| Sun, 13 Feb 2022 | AU$46.0b | AU$3.0b | -AU$96,939,827.00 | 40.2x | -475x | 15.1x |
| Tue, 11 Jan 2022 | AU$47.9b | AU$3.0b | -AU$96,939,827.00 | 41.1x | -493.8x | 15.7x |
| Thu, 09 Dec 2021 | AU$49.4b | AU$3.0b | -AU$96,939,827.00 | 40.6x | -509.3x | 16.2x |
| Sat, 06 Nov 2021 | AU$48.1b | AU$3.0b | -AU$96,939,827.00 | 37.6x | -496.7x | 15.8x |
| Mon, 04 Oct 2021 | AU$51.2b | AU$3.0b | -AU$96,939,827.00 | 38.5x | -528.6x | 16.8x |
| Wed, 01 Sep 2021 | AU$45.7b | AU$3.0b | -AU$96,939,827.00 | 41.2x | -471.7x | 15x |
| Thu, 08 Jul 2021 | AU$45.1b | AU$3.0b | -AU$96,939,827.00 | 38.6x | -465.2x | 14.8x |
Price to Earnings Ratio
-134.5x
Current Industry PE
- Investors are optimistic on the Australian Highways and Railtracks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 89.5x which is higher than its 3-year average PE of 54.2x.
- The 3-year average PS ratio of 13.8x is higher than the industry's current PS ratio of 10.8x.
Past Earnings Growth
- Total earnings for the Highways and Railtracks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 14% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Highways and Railtracks compare with similar industries?
| AU Market | 0.72% | |
| Industrials | -1.88% | |
| Infrastructure | -2.72% | |
| Highways and Railtracks | -3.01% | |
| Airport Services | 0% | |
| Marine Ports and Services | -0.92% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||