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← CockpitCompetitor Analysis › GNP.AX GenusPlus Group Ltd.Open in the cockpit ↗

GenusPlus Group Ltd.GNP.AXCompetitor analysis, valuation and peers

Australia · AUD·Industrials›Engineering & Construction

Provides engineering, construction and maintenance services for electricity transmission, telecom and renewable energy infrastructure.

≈ A niche Australian power/telecom infrastructure contractorMomentum weak 29
Mkt cap
$1.18B
US dollars, full cap
Free float
48%
of shares outstanding
$/day
$4.80M
20-day average traded
Fwd P/E
18.1×
forward earnings
ROIC−WACC
n/a
WACC 8.2%
Hurdle
-26 pp
Req g minus delivered
Next earnings
111 days
25 Feb 2027
Close · AUDA$8.31
1D-2.4%
1W+2.5%
1M-12.1%
3M-7.4%
6M-11.5%
YTD+32.1%
1Y+21.0%
ATR %5.8%
52w lowhigh26.8% off high

What GenusPlus does

Provides engineering, construction and maintenance services for electricity transmission, telecom and renewable energy infrastructure.

In one line: A niche Australian power/telecom infrastructure contractor.

Products and services

  • Power transmission construction
  • Telecom infrastructure services
  • Renewable energy connections

Customers

  • Electricity network operators
  • Telecom companies
  • Renewable energy developers

Where it sits in the supply chain

  • Engineering design
  • Transmission/telecom infrastructure…
  • Renewable energy grid connection…

What could go right

  • Renewable energy grid connection demand
  • Transmission network upgrade spending

What could go wrong

  • Contract/project lumpiness
  • Utility capex cyclicality

Moat: narrow (customer qualification, process know-how). Specialized high-voltage transmission construction expertise and utility qualifications limit competitors.

Headquarters: Perth, Australia · Founded: 1988 · Employees: 2,503

Named competitors

GenusPlus at a glance

Size GenusPlus (GNP.AX) is an Australia Industrials company (Engineering & Construction) with a market value of $1.18B, the 162nd largest of 316 Australia companies the cockpit tracks. Shares closed at A$8.31 on 6 Nov 2026.

Performance Over six months the shares fell 11.5%, against -16.9% for the median peer and +4.1% for the Australia market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 70.5% over the last twelve months (peer median +6.1%); the operating margin is 5.7% (peer median 6.4%).

Valuation It trades at 18.1× forward earnings against a peer median of 15.7× (8th most expensive of 16).

Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +32%, so the hurdle is -26 pp: the price already allows for a slowdown.

Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026GNP.AX 89Peer median 81
Six months, rebased to 100: GenusPlus against the median of its 20 peers (local-currency closes).

GenusPlus financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$1.28BA$1.28BA$751MA$551MA$444M
Revenue growth—+71%+36%+24%—
Gross profitA$156MA$156MA$104MA$56.7MA$43.5M
EBITDAA$95.3MA$95.3MA$64.7MA$43.9MA$33.7M
Net incomeA$49.0MA$49.0MA$35.4MA$19.3MA$13.4M
Free cash flowA$172MA$172MA$109MA$67.9MA$32.1M
Capital expenditureA$21.4MA$21.4MA$13.1MA$13.9MA$5.70M
Total debtn/aA$96.2MA$51.7MA$29.3MA$27.7M

Quarterly statements and history in the cockpit →

GenusPlus competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%-10%0%+10%EPIC603220002822RNWHAMRC600874INSTALTECHNOENORCO301179002941LLC605287294870NORBT601929NCH2IRCON6366600502GNP.AX6-month return →1-month return →
Up and to the right = strong over both horizons. GenusPlus is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×50×100×150×EPIC603220600874TECHNOENORCO301179LLC294870NORBT6366GNP.AXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. GenusPlus is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%EPICRNWH600874INSTALNORCO301179605287NORBTGNP.AXGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. GenusPlus is the large dot.

GenusPlus competitors and peer comparison

Head to head with its named competitors (GNP.AX vs DOW.AX vs VNT.AX)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
GenusPlus GNP.AX$1.18B-12%+71%6%18.1×6.2%
Downer EDI DOW.AX$3.21B-6%-7%4%15.8×11.1%
Ventia Services VNT.AX$3.24B-2%-1%7%16.1×-1.4%

How GenusPlus compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

GenusPlus against its 20 peers (data as of 6 Nov 2026)
MeasureGNP.AXPeer medianRank in peer set
1-month return-12.1%+1.7%lowest of 21
6-month return-11.5%-16.9%8th highest of 21
Distance from 52-week high-26.8%-33.5%8th highest of 21
Revenue growth (TTM)+70.5%+6.1%highest of 21
Operating margin5.7%6.4%9th lowest of 21
Forward P/E18.1×15.7×8th most expensive of 16
Growth the price implies (Req g, 7 yrs)6.2%7.4%4th least demanding of 9
Growth delivered (Del g)+32.1%+11.2%2nd highest of 9
Hurdle (Req g minus delivered)-25.9 pp-3.5 pp2nd least demanding of 9
EV / EBITDA13.8×12.3×3rd most expensive of 9
Net debt / EBITDA-4.0×1.1×2nd least indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
GenusPlus GNP.AXAustralia$1.18B-12%+71%6%18.1×6.2%+32.1%
EPIC Suisse EPIC.SWSwitzerland$1.17B+2%+4%78%20.8×7.1%+4.3%
China Bester Group Telecom 603220.SSChina$1.17B-48%+3%6%20.0×n/an/a
Shenzhen Zhongzhuang Construction 002822.SZChina$1.15B-15%-56%-96%n/an/an/a
Renew RNWH.LUnited Kingdom$1.15B+19%+8%6%15.3×7.7%+11.7%
Ameresco AMRCUnited States$1.15B-28%+9%7%15.6×n/an/a
Tianjin Capital Environmental Protection 600874.SSChina$1.21B-9%-3%29%9.6×-15.4%+7.3%
Instalco INSTAL.STSweden$1.15B+9%+9%5%18.4×10.9%+13.8%
Techno Electric & Engineering TECHNOE.NSIndia$1.14B-28%+39%13%18.8×n/an/a
Norconsult NORCO.OLNorway$1.14B+2%+13%7%15.7×-5.9%+10.6%
Jiangsu Zeyu Intelligent Electric Power 301179.SZChina$1.13B-20%+8%8%32.1×24.8%+15.4%
Xinjiang Communications Construction 002941.SZChina$1.22B-20%+23%5%n/an/an/a
Lendlease LLC.AXAustralia$1.23B-16%-30%0%147.4×n/an/a
Decai Decoration 605287.SSChina$1.12B-3%+17%5%n/a25.3%-5.4%
IPARK Hyundai Development 294870.KSSouth Korea$1.12B+4%-13%11%4.2×n/an/a
Norbit NORBT.OLNorway$1.12B-28%+34%22%21.1×-5.3%+32.2%
JiShi Media 601929.SSChina$1.25B-18%-2%-24%n/an/an/a
thyssenkrupp nucera AG & Co. KGaA NCH2.DEGermany$1.09B-13%-42%-13%n/an/an/a
IRCON International IRCON.NSIndia$1.08B-33%-3%7%15.4×n/an/a
Chiyoda 6366.TJapan$1.07B-35%+16%17%6.7×n/an/a
Anhui Construction Engineering 600502.SSChina$1.07B-23%-4%6%4.6×n/an/a

Questions

Who are GenusPlus's main competitors?
Named competitors: Downer EDI (DOW.AX), Ventia Services Group (VNT.AX), UGL Limited (private or unlisted). The cockpit's measured peer set (industry) also includes EPIC Suisse (EPIC.SW), China Bester Group Telecom (603220.SS), Shenzhen Zhongzhuang Construction (002822.SZ), Renew (RNWH.L), Ameresco (AMRC), Tianjin Capital Environmental Protection (600874.SS).
Is GenusPlus expensive compared with its peers?
On forward p/e it trades at 18.1× against a peer median of 15.7×, 8th most expensive of 16 in its peer set. For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +32%, so the hurdle is -26 pp: the price already allows for a slowdown.
How has GenusPlus stock performed?
Over six months to 6 Nov 2026 the shares returned -11.5% against -16.9% for the median peer; over one year +21.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.