Loading...
ADH logo

Adairs LimitedASX:ADH Stock Report

Market Cap AU$251.8m
Share Price
AU$1.41
AU$1.76
19.7% undervalued intrinsic discount
1Y-45.3%
7D10.6%
1D
Portfolio Value
View

Adairs Limited

ASX:ADH Stock Report

Market Cap: AU$251.8m

Adairs (ADH) Stock Overview

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand. More details

ADH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance1/6
Financial Health2/6
Dividends5/6

ADH Community Fair Values

Create Narrative

See what 62 others think this stock is worth. Follow their fair value or set your own to get alerts.

Adairs Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Adairs
Historical stock prices
Current Share PriceAU$1.41
52 Week HighAU$2.87
52 Week LowAU$1.18
Beta1.74
1 Month Change13.25%
3 Month Change11.46%
1 Year Change-45.35%
3 Year Change4.44%
5 Year Change-66.43%
Change since IPO-46.79%

Recent News & Updates

Analysis Article 23h

Should You Investigate Adairs Limited (ASX:ADH) At AU$1.41?

While Adairs Limited ( ASX:ADH ) might not have the largest market cap around , it saw a decent share price growth of...
Narrative Update Jun 05

ADH: Store And Concept Rollout Will Support Recovery And Future Upside

Analysts have trimmed their Adairs price target to A$1.76 from A$2.27, reflecting updated assumptions for slightly lower revenue growth, profit margins and future P/E multiples, partly offset by a modest reduction in the discount rate. What's in the News No recent Adairs specific news items were identified in the provided sources.
Narrative Update Apr 27

ADH: Store And Concept Rollout Will Support Recovery And Future Upside

Analysts have trimmed their fair value estimate for Adairs from A$2.39 to A$2.27, reflecting slightly more cautious assumptions on the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Adairs is set to exit the S&P/ASX Small Ordinaries Index, following a decision to remove Adairs Limited (ASX:ADH) from the index.

Recent updates

Analysis Article 23h

Should You Investigate Adairs Limited (ASX:ADH) At AU$1.41?

While Adairs Limited ( ASX:ADH ) might not have the largest market cap around , it saw a decent share price growth of...
Narrative Update Jun 05

ADH: Store And Concept Rollout Will Support Recovery And Future Upside

Analysts have trimmed their Adairs price target to A$1.76 from A$2.27, reflecting updated assumptions for slightly lower revenue growth, profit margins and future P/E multiples, partly offset by a modest reduction in the discount rate. What's in the News No recent Adairs specific news items were identified in the provided sources.
Narrative Update Apr 27

ADH: Store And Concept Rollout Will Support Recovery And Future Upside

Analysts have trimmed their fair value estimate for Adairs from A$2.39 to A$2.27, reflecting slightly more cautious assumptions on the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Adairs is set to exit the S&P/ASX Small Ordinaries Index, following a decision to remove Adairs Limited (ASX:ADH) from the index.
New Narrative Apr 25

Rising Store Costs And Promotional Reliance Will Pressure Margins Yet Technology Upgrades Will Help

Catalysts About Adairs Adairs is a retailer focused on home furnishings and homewares across the Adairs, Focus on Furniture and Mocka brands. What are the underlying business or industry changes driving this perspective?
New Narrative Apr 10

Loyalty Program And Store Investments Will Drive Long Term Home Furnishings Strength

Catalysts About Adairs Adairs is a home furnishings retailer with brands focused on bed linen, towelling, furniture and home décor across Australia and New Zealand, supported by both physical stores and online channels. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 09

ADH: Store Rollout Refurbishment And New CFO Will Support Recovery

Analysts have kept their A$2.39 fair value estimate for Adairs broadly unchanged, with only minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions that guide the latest price target update. What's in the News Adairs is set to leave the S&P/ASX Small Ordinaries Index following an index review that removes the company from the benchmark (Index Constituent Drops).
Narrative Update Mar 25

ADH: Store Network Changes And New CFO Will Support Earnings Recovery

Analysts have kept their A$ fair value estimate for Adairs essentially unchanged, with a minor adjustment to the discount rate and future P/E assumptions. These changes guide a refreshed price target that remains closely aligned with prior estimates.
Narrative Update Mar 10

ADH: Store Network Reset And New CFO Will Support Earnings Recovery

Analysts have trimmed their price target for Adairs by A$0.05 to A$2.39, reflecting updated assumptions around slightly softer revenue growth, a higher profit margin, a modestly lower discount rate, and a reduced future P/E multiple. What's in the News Adairs plans 3 to 4 new Adairs stores and 6 to 7 closures in 2H FY26, plus 1 to 2 upsizes, and a new Concept Store at Bondi Junction in Fourth Quarter FY26, alongside further growth plans for Focus on Furniture and the first standalone Mocka store in May 2026 (company announcement).
Narrative Update Feb 23

ADH: New Group CFO Appointment Will Support Future Earnings Rebound Narrative

Analysts have trimmed their Adairs price target from A$2.76 to A$2.44, reflecting updated assumptions for slightly softer revenue growth and profit margins, as well as a modestly lower future P/E multiple. What's in the News Adairs Limited has appointed Matt Edmonds as Group Chief Financial Officer, effective February 9, 2026, bringing more than 20 years of international finance and retail experience across Australia, the UK, Asia, and the US (Key Developments).
Analysis Article Jan 22

Market Cool On Adairs Limited's (ASX:ADH) Earnings

With a price-to-earnings (or "P/E") ratio of 11.8x Adairs Limited ( ASX:ADH ) may be sending bullish signals at the...
Analysis Article Nov 12

Does Adairs (ASX:ADH) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 30

Adairs' (ASX:ADH) Dividend Is Being Reduced To A$0.04

Adairs Limited ( ASX:ADH ) has announced that on 7th of October, it will be paying a dividend ofA$0.04, which a...
Narrative Update Aug 28

Omnichannel Investments And Technology Overhaul Will Unlock Future Potential

The upward revision in Adairs’ analyst price target reflects increased optimism, as both the future P/E and consensus revenue growth forecasts have improved, resulting in a higher fair value of A$2.67. Valuation Changes Summary of Valuation Changes for Adairs The Consensus Analyst Price Target has risen from A$2.45 to A$2.67.
Analysis Article Aug 27

Investors Still Aren't Entirely Convinced By Adairs Limited's (ASX:ADH) Earnings Despite 26% Price Jump

Adairs Limited ( ASX:ADH ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last...
Analysis Article May 09

The Market Lifts Adairs Limited (ASX:ADH) Shares 28% But It Can Do More

Adairs Limited ( ASX:ADH ) shareholders are no doubt pleased to see that the share price has bounced 28% in the last...
Analysis Article Feb 26

Is Now The Time To Look At Buying Adairs Limited (ASX:ADH)?

Adairs Limited ( ASX:ADH ), might not be a large cap stock, but it saw significant share price movement during recent...
User avatar
New Narrative Feb 09

Sustainability Initiatives Will Strengthen Future Brand Reputation

Enhanced control over supply chain operations and a new warehouse management system are expected to improve net margins and earnings in the next fiscal year.
Analysis Article Oct 16

Further Upside For Adairs Limited (ASX:ADH) Shares Could Introduce Price Risks After 37% Bounce

Adairs Limited ( ASX:ADH ) shares have had a really impressive month, gaining 37% after a shaky period beforehand...
Analysis Article Sep 03

We Think You Can Look Beyond Adairs' (ASX:ADH) Lackluster Earnings

Adairs Limited's ( ASX:ADH ) earnings announcement last week didn't impress shareholders. However, our analysis...
Analysis Article Aug 30

Adairs Limited Just Missed Earnings - But Analysts Have Updated Their Models

It's been a mediocre week for Adairs Limited ( ASX:ADH ) shareholders, with the stock dropping 14% to AU$1.86 in the...
Analysis Article Jul 25

Is Now An Opportune Moment To Examine Adairs Limited (ASX:ADH)?

Adairs Limited ( ASX:ADH ), is not the largest company out there, but it led the ASX gainers with a relatively large...
Analysis Article Apr 08

These 4 Measures Indicate That Adairs (ASX:ADH) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 12

Improved Earnings Required Before Adairs Limited (ASX:ADH) Stock's 34% Jump Looks Justified

Adairs Limited ( ASX:ADH ) shares have continued their recent momentum with a 34% gain in the last month alone. Looking...
Analysis Article Feb 27

AU$2.15 - That's What Analysts Think Adairs Limited (ASX:ADH) Is Worth After These Results

Shareholders will be ecstatic, with their stake up 21% over the past week following Adairs Limited 's ( ASX:ADH...
Analysis Article Jan 19

Investors Don't See Light At End Of Adairs Limited's (ASX:ADH) Tunnel

With a price-to-earnings (or "P/E") ratio of 7.6x Adairs Limited ( ASX:ADH ) may be sending very bullish signals at the...
Analysis Article Oct 19

When Should You Buy Adairs Limited (ASX:ADH)?

Adairs Limited ( ASX:ADH ), might not be a large cap stock, but it saw significant share price movement during recent...
Analysis Article May 24

Is Adairs Limited (ASX:ADH) Potentially Undervalued?

While Adairs Limited ( ASX:ADH ) might not be the most widely known stock at the moment, it received a lot of attention...
Analysis Article Feb 22

Adairs (ASX:ADH) Is Due To Pay A Dividend Of A$0.08

Adairs Limited's ( ASX:ADH ) investors are due to receive a payment of A$0.08 per share on 6th of April. Based on this...

Shareholder Returns

ADHAU Specialty RetailAU Market
7D10.6%2.9%0.6%
1Y-45.3%-19.3%3.3%

Return vs Industry: ADH underperformed the Australian Specialty Retail industry which returned -19.3% over the past year.

Return vs Market: ADH underperformed the Australian Market which returned 3.3% over the past year.

Price Volatility

Is ADH's price volatile compared to industry and market?
ADH volatility
ADH Average Weekly Movement5.1%
Specialty Retail Industry Average Movement6.9%
Market Average Movement10.2%
10% most volatile stocks in AU Market17.3%
10% least volatile stocks in AU Market4.0%

Stable Share Price: ADH has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: ADH's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1918n/aElle Rosebywww.adairs.com.au

Adairs Limited operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand. The company operates through three segments: Adairs, Focus on Furniture, and Mocka. It offers bedroom products, such as bedlinen, bedding, and bedroom furniture and accessories; bathroom and laundry products, including towels, bath mats and runners, bathrobes and slippers, bathroom accessories, and laundry and home care products; furniture products, such as bedroom, office, living room, and kids furniture; and floor rugs and mats.

Adairs Limited Fundamentals Summary

How do Adairs's earnings and revenue compare to its market cap?
ADH fundamental statistics
Market capAU$251.85m
Earnings (TTM)AU$19.14m
Revenue (TTM)AU$636.54m
13.2x
P/E Ratio
0.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADH income statement (TTM)
RevenueAU$636.54m
Cost of RevenueAU$341.96m
Gross ProfitAU$294.59m
Other ExpensesAU$275.45m
EarningsAU$19.14m

Last Reported Earnings

Dec 28, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin46.28%
Net Profit Margin3.01%
Debt/Equity Ratio28.5%

How did ADH perform over the long term?

See historical performance and comparison

Dividends

7.4%
Current Dividend Yield
88%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/20 19:39
End of Day Share Price 2026/06/19 00:00
Earnings2025/12/28
Annual Earnings2025/06/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Adairs Limited is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aryan NoroziBarrenjoey Markets Pty Limited
Chamithri RatnapalaBell Potter
Allan FranklinCanaccord Genuity