Comparative performance of publicly listed construction companies: Australian evidence

摘要: Understanding the performance of publicly listed Australian construction companies, in comparison with other is vital to sector’s continuous access capital from public equity market. Evidence on companies that do business building and/or civil infrastructure presented and compared All Ordinaries Index a portfolio (blue chip) companies. Using fundamental analysis, comprehensive assessment range financial indicators provided (including share prices, valuation multiples profitability ratios) over 10‐year period, 1998 2007. The results show that, apart period when Goods Services Tax was introduced 2000, most assessed comparable largest traded shares Securities Exchange. empirical evidence ...