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Australian (ASX) Specialty Stores Industry Analysis

UpdatedMay 27, 2026
DataAggregated Company Financials
Companies27
  • 7D2.1%
  • 3M-16.0%
  • 1Y-27.1%
  • YTD-26.0%

In the last week, the Specialty Stores industry is up 1.5%, with JB Hi-Fi up 4.7%. During this same period, the Autosports Group underperformed, falling 8.5%. However, the industry is down 27% over the past year. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

Has the Australian Specialty Stores Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 May 2026AU$26.4bAU$43.3bAU$1.4b13.1x18.8x0.6x
Fri, 24 Apr 2026AU$28.1bAU$43.2bAU$1.4b14.1x20.2x0.6x
Sun, 22 Mar 2026AU$26.4bAU$43.2bAU$1.4b15.1x19x0.6x
Tue, 17 Feb 2026AU$31.8bAU$41.7bAU$1.5b21.3x21.9x0.8x
Thu, 15 Jan 2026AU$34.9bAU$41.2bAU$1.4b22.1x24.4x0.8x
Sat, 13 Dec 2025AU$34.5bAU$41.2bAU$1.4b21.9x24.2x0.8x
Mon, 10 Nov 2025AU$40.0bAU$41.2bAU$1.4b22.9x28x1x
Wed, 08 Oct 2025AU$42.5bAU$41.2bAU$1.4b25.2x29.8x1x
Fri, 05 Sep 2025AU$41.6bAU$42.0bAU$1.5b26x27.4x1x
Sun, 03 Aug 2025AU$37.5bAU$40.1bAU$1.5b21.9x24.6x0.9x
Tue, 01 Jul 2025AU$35.3bAU$40.1bAU$1.5b20.8x23.1x0.9x
Thu, 29 May 2025AU$35.2bAU$40.1bAU$1.5b20.5x23.1x0.9x
Sat, 26 Apr 2025AU$32.6bAU$40.1bAU$1.5b19.5x21.4x0.8x
Mon, 24 Mar 2025AU$31.7bAU$40.1bAU$1.5b19.1x20.8x0.8x
Wed, 19 Feb 2025AU$34.6bAU$39.1bAU$1.7b18.8x21x0.9x
Fri, 17 Jan 2025AU$32.4bAU$38.5bAU$1.6b17.3x19.8x0.8x
Sun, 15 Dec 2024AU$33.7bAU$38.5bAU$1.6b17.5x20.6x0.9x
Tue, 12 Nov 2024AU$32.5bAU$38.5bAU$1.6b17.3x19.8x0.8x
Thu, 10 Oct 2024AU$33.7bAU$38.5bAU$1.6b17.3x20.6x0.9x
Sat, 07 Sep 2024AU$33.0bAU$38.5bAU$1.7b17.1x19.9x0.9x
Mon, 05 Aug 2024AU$30.2bAU$37.3bAU$1.8b16.3x17.2x0.8x
Wed, 03 Jul 2024AU$27.5bAU$37.3bAU$1.8b13.9x15.7x0.7x
Fri, 31 May 2024AU$27.7bAU$37.3bAU$1.8b13.7x15.7x0.7x
Sun, 28 Apr 2024AU$29.8bAU$37.3bAU$1.8b15x16.9x0.8x
Tue, 26 Mar 2024AU$31.5bAU$37.3bAU$1.8b15x17.9x0.8x
Thu, 22 Feb 2024AU$31.2bAU$36.0bAU$1.8b14x17.2x0.9x
Sat, 20 Jan 2024AU$28.5bAU$36.7bAU$1.9b12.5x15x0.8x
Mon, 18 Dec 2023AU$27.7bAU$36.7bAU$1.9b11.7x14.6x0.8x
Wed, 15 Nov 2023AU$24.9bAU$36.7bAU$1.9b10.8x13.1x0.7x
Fri, 13 Oct 2023AU$25.2bAU$36.7bAU$1.9b10.6x13.3x0.7x
Sun, 10 Sep 2023AU$25.1bAU$36.7bAU$1.9b10.7x13.1x0.7x
Tue, 08 Aug 2023AU$24.9bAU$35.7bAU$2.0b9.4x12.2x0.7x
Thu, 06 Jul 2023AU$23.8bAU$35.7bAU$2.0b9.2x11.7x0.7x
Sat, 03 Jun 2023AU$22.4bAU$35.7bAU$2.0b8.7x11x0.6x
Price to Earnings Ratio

11x


Total Market Cap: AU$22.4bTotal Earnings: AU$2.0bTotal Revenue: AU$35.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Specialty Stores Industry Price to Earnings3Y Average 19.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Australian Specialty Retail industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.80x.
Past Earnings Growth
  • The earnings for companies in the Specialty Retail industry have declined 12% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.6% 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, which has decreased profits.

Industry Trends

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

AU Market0.49%
Consumer Discretionary1.74%
Specialty Stores2.11%
Computer and Electronics Retail4.67%
Specialty Stores2.78%
Apparel Retail1.05%
Automotive Retail0.088%
Home Improvement Retail0%0
Home Furnishing Retail-0.19%
Industry PE
  • Investors are most optimistic about the Automotive Retail industry which is trading above its 3-year average PE ratio of 17.2x.
    • Analysts are expecting annual earnings growth of 15.8%, which is higher than its past year's earnings growth of 13.4% per year.
  • Investors are most pessimistic about the Home Improvement Retail industry, which is trading below its 3-year average of 19.6x.
Forecasted Growth
  • Analysts are most optimistic on the Home Furnishing Retail industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Computer and Electronics Retail industry is expected to see its earnings grow by 3.2% 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
JBH JB Hi-FiAU$73.094.7%
+AU$355.3m		-32.6%PE16.6x
LOV Lovisa HoldingsAU$22.496.2%
+AU$145.1m		-22.8%PE28.4x
APE Eagers AutomotiveAU$22.350.8%
+AU$48.0m		25.0%PE27.8x
PMV Premier InvestmentsAU$11.802.1%
+AU$38.3m		-43.7%PE13x
TPW Temple & Webster GroupAU$5.092.8%
+AU$16.4m		-75.4%PE73.8x

Latest News

ASG
AU$1.99
Autosports Group
7D
-8.5%
1Y
-9.8%
Narrative Update • May 24

ASG: Future Return Will Rely On Lower Margin And P/E Assumptions

Autosports Group's updated analyst price target has shifted in line with changes to fair value assumptions from 4.3 to 3.25. Analysts point to a slightly higher discount rate, a modestly adjusted revenue growth outlook, and a lower future P/E of 15.37 as key drivers.
SUL
AU$11.22
Super Retail Group
7D
0.4%
1Y
-20.5%
Narrative Update • May 23

SUL: Leadership Transition And Capital Allocation Priorities Will Support Long Term Upside

Analysts have reduced their price target on Super Retail Group from A$17.85 to A$16.00. They now apply slightly lower assumptions for revenue growth, profit margins and future P/E ratios in their valuation models.
NCK
AU$13.79
Nick Scali
7D
-1.7%
1Y
-26.3%
TPW
AU$5.09
Temple & Webster Group
7D
2.8%
1Y
-75.4%
LOV
AU$22.49
Lovisa Holdings
7D
6.2%
1Y
-22.8%
Narrative Update • May 20

LOV: Upcoming Dividend Payout Will Support A Constructive Forward Outlook

Analysts have trimmed their price target for Lovisa Holdings by A$0.72 to reflect slightly lower fair value, modestly reduced revenue growth and profit margin assumptions, and a small adjustment to the future P/E multiple and discount rate. Valuation Changes Fair Value: Trimmed from A$30.21 to A$29.49 per share, a small reduction in the modelled estimate.
MTO
AU$2.18
MotorCycle Holdings
7D
-4.4%
1Y
-16.2%
JBH
AU$73.09
JB Hi-Fi
7D
4.7%
1Y
-32.6%
STP
AU$0.18
Step One Clothing
7D
-10.0%
1Y
-76.6%
Narrative Update • May 15

STP: Trimmed Fair Value And Margins Will Support Future Capital Upside

Analysts have trimmed their fair value estimate for Step One Clothing from A$0.29 to A$0.25 as they factor in a slightly lower projected profit margin, softer revenue growth expectations and a modestly lower future P/E, partly offset by a small reduction in the discount rate. What's in the News Step One Clothing was removed from the S&P/ASX Emerging Companies Index, which can affect how index-tracking funds and some institutional investors hold the stock (Key Developments).
AX1
AU$0.56
Accent Group
7D
-1.8%
1Y
-70.0%
Narrative Update • May 14

AX1: Index Removal And Dividend Will Shape A Fairly Balanced FY26 Outlook

Analysts have trimmed their Accent Group price target from A$0.75 to A$0.55, citing higher assumed discount rates, a lower profit margin outlook and a higher future P/E multiple, partly offset by a higher revenue growth assumption. What's in the News Accent Group Limited was removed from the S&P/ASX 300 Index, which can affect how index funds and some institutional investors hold the stock.
APE
AU$22.35
Eagers Automotive
7D
0.8%
1Y
25.0%
Narrative Update • May 13

APE: Lower P/E Assumptions Will Support Attractive Future Upside Potential

Analysts have trimmed their A$ fair value estimate for Eagers Automotive to A$31.0 from A$32.0, reflecting updated assumptions for the discount rate, revenue growth, profit margins, and future P/E, and this has resulted in a lower overall price target narrative. What's in the News Eagers Automotive reported that from July 1, 2025 to December 31, 2025, it repurchased 0 shares for A$0 million under its existing buyback program (Key Developments).
PWR
AU$1.03
Peter Warren Automotive Holdings
7D
-2.8%
1Y
-31.3%
Narrative Update • May 07

PWR: Higher Fully Franked Dividend Will Support Balanced Future Return Potential

Analysts have made only a slight adjustment to their fair value estimate for Peter Warren Automotive Holdings, maintaining it at A$1.24 as they reflect updated assumptions around discount rates, revenue growth and profit margins in their price target work. What's in the News Directors declared an ordinary fully franked interim dividend of A$0.03 per share for the six months ended 31 December 2025, compared with A$0.016 per share for H1 FY25 (Key Developments) The record date for the interim dividend entitlement is 26 February 2026, with an ex date of 25 February 2026 (Key Developments) The dividend payment is scheduled for 26 March 2026 and will be recognised in financial reports after the 31 December 2025 reporting date (Key Developments) Valuation Changes Fair Value: The A$ fair value estimate is now A$1.2428, compared with the prior A$1.24.
ADH
AU$1.22
Adairs
7D
-2.0%
1Y
-54.6%
MHJ
AU$0.32
Michael Hill International
7D
-4.5%
1Y
-22.2%
Narrative Update • Apr 24

MHJ: Index Removal And Higher EBIT Guidance Will Support Future Upside

Analysts have kept their A$0.75 price target for Michael Hill International unchanged, citing small adjustments in discount rate, revenue growth, profit margin and forward P/E assumptions that largely offset each other in their updated models. What's in the News Michael Hill International Limited was removed from the S&P/ASX All Ordinaries Index, which may affect how some index-tracking funds and benchmarks treat the stock (Key Developments).
PMV
AU$11.80
Premier Investments
7D
2.1%
1Y
-43.7%
KOA
AU$3.08
Koala
7D
2.7%
1Y
n/a
CMA
AU$0.70
Carma
7D
12.0%
1Y
n/a