CHART: 6 Australian companies outperforming the ASX with offshore earnings

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Australian companies with earnings offshore have become one of the strongest set of performers on the ASX.

The ASX-listed offshore earners have gained about 19% over the last year compared to the 5% for the ASX 200, says UBS, in a note to clients.

This chart shows the trajectory:

And every time the Australia dollar falls, the earnings magnify.

UBS likes these companies for their offshore earnings: Incitec, Bluescope, QBE Insurance, Orica, SAI Global and Computershare.

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