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Australian (ASX) General Merchandise and Department Stores Industry Analysis

UpdatedAug 18, 2025
DataAggregated Company Financials
Companies5
  • 7D-0.9%
  • 3M7.9%
  • 1Y19.7%
  • YTD23.8%

Over the last 7 days, the General Merchandise and Department Stores industry has remained flat, although notably Myer Holdings gained 6.4%. The past year has been better, since the industry has gained 20% in that time. Earnings are forecast to grow by 7.5% annually.

Industry Valuation and Performance

Has the Australian General Merchandise and Department Stores Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Aug 2025AU$110.5bAU$51.4bAU$3.0b44.1x36.3x2.2x
Wed, 16 Jul 2025AU$101.4bAU$49.6bAU$3.0b39x33.5x2x
Fri, 13 Jun 2025AU$105.2bAU$52.3bAU$3.0b40x34.5x2x
Sun, 11 May 2025AU$99.9bAU$52.3bAU$3.0b39.6x32.8x1.9x
Tue, 08 Apr 2025AU$85.2bAU$52.3bAU$3.0b39x28x1.6x
Thu, 06 Mar 2025AU$92.6bAU$52.3bAU$3.1b29.8x30.2x1.8x
Sat, 01 Feb 2025AU$94.1bAU$48.8bAU$2.9b28.2x32.4x1.9x
Mon, 30 Dec 2024AU$90.1bAU$51.4bAU$2.9b24.2x30.6x1.8x
Wed, 27 Nov 2024AU$88.8bAU$51.4bAU$2.9b23.6x30.1x1.7x
Fri, 25 Oct 2024AU$86.4bAU$51.4bAU$2.9b24.8x29.3x1.7x
Sun, 22 Sep 2024AU$88.4bAU$51.4bAU$2.9b24.6x30x1.7x
Tue, 20 Aug 2024AU$91.6bAU$51.0bAU$2.9b16.3x31.4x1.8x
Thu, 18 Jul 2024AU$86.9bAU$51.0bAU$2.9b15x29.8x1.7x
Sat, 15 Jun 2024AU$83.3bAU$51.0bAU$2.9b15x28.5x1.6x
Mon, 13 May 2024AU$83.7bAU$51.0bAU$2.9b17.5x28.7x1.6x
Wed, 10 Apr 2024AU$84.1bAU$51.0bAU$2.9b20.5x28.8x1.7x
Fri, 08 Mar 2024AU$83.4bAU$51.0bAU$2.9b20.9x28.4x1.6x
Sun, 04 Feb 2024AU$73.8bAU$51.0bAU$3.0b15x24.6x1.4x
Tue, 02 Jan 2024AU$71.4bAU$51.0bAU$3.0b14.9x23.8x1.4x
Thu, 30 Nov 2023AU$65.8bAU$51.0bAU$3.0b13.7x22x1.3x
Sat, 28 Oct 2023AU$62.9bAU$51.0bAU$3.0b14.2x21x1.2x
Mon, 25 Sep 2023AU$66.6bAU$51.0bAU$3.0b15.1x22.2x1.3x
Wed, 23 Aug 2023AU$62.4bAU$49.1bAU$3.3b14.1x19.2x1.3x
Fri, 21 Jul 2023AU$61.7bAU$49.2bAU$3.3b13.7x18.9x1.3x
Sun, 18 Jun 2023AU$61.0bAU$49.2bAU$3.3b12.9x18.7x1.2x
Tue, 16 May 2023AU$64.7bAU$49.2bAU$3.3b13.2x19.8x1.3x
Thu, 13 Apr 2023AU$65.1bAU$49.2bAU$3.3b13.5x20x1.3x
Sat, 11 Mar 2023AU$62.5bAU$48.0bAU$3.4b13.9x18.6x1.3x
Mon, 06 Feb 2023AU$63.9bAU$42.9bAU$3.2b18.1x19.8x1.5x
Wed, 04 Jan 2023AU$58.0bAU$42.9bAU$3.2b15.8x18x1.3x
Fri, 02 Dec 2022AU$61.7bAU$42.9bAU$3.2b16.3x19.2x1.4x
Sun, 30 Oct 2022AU$55.6bAU$42.9bAU$3.2b15.6x17.3x1.3x
Tue, 27 Sep 2022AU$55.7bAU$42.9bAU$3.2b14.5x17.3x1.3x
Thu, 25 Aug 2022AU$59.6bAU$39.8bAU$3.1b16.7x19.5x1.5x
Price to Earnings Ratio

19.5x


Total Market Cap: AU$59.6bTotal Earnings: AU$3.1bTotal Revenue: AU$39.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian General Merchandise and Department Stores Industry Price to Earnings3Y Average 25.2x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Multiline Retail industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 36.3x which is higher than its 3-year average PE of 25.2x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Multiline Retail industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 8.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Australian Consumer Discretionary industry?

AU Market1.55%
Consumer Discretionary0.18%
General Merchandise and Department Stores-0.89%
Department Stores0%0
General Merchandise Stores0%0
Broadline Retail-0.89%
Industry PE
  • Investors are most optimistic about the Broadline Retail industry which is trading above its 3-year average PE ratio of 26.9x.
    • Analysts are expecting annual earnings growth of 7.5%, which is higher than its past year's earnings decline of 25.7% per year.
  • Investors are most pessimistic about the Broadline Retail industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 26.9x.
Forecasted Growth
  • Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 7.5% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Broadline Retail industry is expected to see its earnings grow by 7.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MYR Myer HoldingsAU$0.676.4%
+AU$69.1m
n/aPE49.1x
ATG Articore GroupAU$0.2613.0%
+AU$8.9m
-32.5%PS0.2x
KGN Kogan.comAU$4.001.3%
+AU$5.0m
-8.3%PE229x

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