Australian (ASX) Specialty Stores Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 08 Jun 2026	AU$5.6b	AU$6.9b	AU$323.4m	21.4x	17.4x	0.8x
Wed, 06 May 2026	AU$5.7b	AU$6.9b	AU$315.2m	19.3x	18.1x	0.8x
Fri, 03 Apr 2026	AU$5.8b	AU$6.9b	AU$315.2m	19.3x	18.4x	0.8x
Sun, 01 Mar 2026	AU$6.9b	AU$6.8b	AU$310.1m	30.2x	22.3x	1x
Tue, 27 Jan 2026	AU$7.6b	AU$6.6b	AU$336.4m	35.2x	22.6x	1.1x
Thu, 25 Dec 2025	AU$7.7b	AU$6.6b	AU$336.4m	34.9x	23x	1.2x
Sat, 22 Nov 2025	AU$7.8b	AU$6.6b	AU$336.4m	38.5x	23.3x	1.2x
Mon, 20 Oct 2025	AU$8.8b	AU$6.6b	AU$336.4m	39x	26x	1.3x
Wed, 17 Sep 2025	AU$9.0b	AU$6.6b	AU$336.4m	42.6x	26.9x	1.4x
Fri, 15 Aug 2025	AU$8.2b	AU$6.4b	AU$334.9m	40.2x	24.6x	1.3x
Sun, 13 Jul 2025	AU$7.7b	AU$6.4b	AU$334.9m	37.6x	23.1x	1.2x
Tue, 10 Jun 2025	AU$7.5b	AU$6.4b	AU$334.9m	36.3x	22.5x	1.2x
Thu, 08 May 2025	AU$6.5b	AU$6.4b	AU$334.9m	32.6x	19.5x	1x
Sat, 05 Apr 2025	AU$6.0b	AU$6.4b	AU$335.0m	29.5x	18x	0.9x
Mon, 03 Mar 2025	AU$7.2b	AU$6.4b	AU$335.5m	37.5x	21.5x	1.1x
Wed, 29 Jan 2025	AU$7.5b	AU$6.3b	AU$342.3m	27.6x	21.8x	1.2x
Fri, 27 Dec 2024	AU$7.7b	AU$6.3b	AU$342.3m	28.6x	22.5x	1.2x
Sun, 24 Nov 2024	AU$7.1b	AU$6.3b	AU$342.3m	26.9x	20.7x	1.1x
Tue, 22 Oct 2024	AU$8.1b	AU$6.3b	AU$342.3m	29.2x	23.6x	1.3x
Thu, 19 Sep 2024	AU$8.3b	AU$6.3b	AU$342.3m	30.1x	24.3x	1.3x
Sat, 17 Aug 2024	AU$8.4b	AU$6.2b	AU$378.4m	17x	22.2x	1.4x
Mon, 15 Jul 2024	AU$7.5b	AU$6.2b	AU$377.9m	14.7x	20x	1.2x
Wed, 12 Jun 2024	AU$7.1b	AU$6.2b	AU$377.9m	12.1x	18.7x	1.1x
Fri, 10 May 2024	AU$7.1b	AU$6.2b	AU$377.9m	18.7x	18.7x	1.1x
Sun, 07 Apr 2024	AU$7.7b	AU$6.2b	AU$377.9m	21.2x	20.5x	1.2x
Tue, 05 Mar 2024	AU$7.9b	AU$6.2b	AU$378.1m	20.7x	20.8x	1.3x
Thu, 01 Feb 2024	AU$7.0b	AU$6.1b	AU$400.7m	11.5x	17.5x	1.1x
Sat, 30 Dec 2023	AU$7.2b	AU$6.1b	AU$400.7m	11.7x	18x	1.2x
Mon, 27 Nov 2023	AU$5.9b	AU$6.1b	AU$400.7m	10.1x	14.7x	1x
Wed, 25 Oct 2023	AU$5.5b	AU$6.1b	AU$400.7m	9.7x	13.8x	0.9x
Fri, 22 Sep 2023	AU$5.7b	AU$6.1b	AU$400.7m	10x	14.3x	0.9x
Sun, 20 Aug 2023	AU$6.1b	AU$6.3b	AU$381.2m	11x	16x	1x
Tue, 18 Jul 2023	AU$5.8b	AU$6.3b	AU$397.0m	9.9x	14.6x	0.9x
Thu, 15 Jun 2023	AU$5.4b	AU$6.3b	AU$397.0m	9.1x	13.5x	0.9x

Current Industry PE

Investors are pessimistic on the Australian Specialty Stores industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 17.4x which is lower than its 3-year average PE of 20.3x.

The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.81x.

Past Earnings Growth

The earnings for companies in the Specialty Stores industry have declined 6.6% per year over the last three years.
Meanwhile revenues for these companies have grown 3.2% 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 Comparison

How does Australian Specialty Stores compare with similar industries?


AU Market	-1.23%
Consumer Discretionary	-1.31%
Specialty Stores	-3.47%
Specialty Stores	-7.10%
Apparel Retail	1.30%
Automotive Retail	-1.46%
Computer and Electronics Retail	-3.23%
Home Improvement Retail	-5.13%
Home Furnishing Retail	-6.59%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

	Company	Last Price	7D	1Y	Valuation
	MHJ Michael Hill International	AU$0.33	4.8% +AU$5.8m	-17.5%	PE16.9x
	XEN Xenitra	AU$0.003	50.0% +AU$4.3m	0%	PS0.4x

Company

Last Price

Valuation

MHJ Michael Hill International

AU$0.33

4.8%
+AU$5.8m

-17.5%

PE16.9x

XEN Xenitra

AU$0.003

50.0%
+AU$4.3m

PS0.4x

New Risk • May 21

New major risk - Shareholder dilution

The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 42% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (47% average weekly change). Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Market cap is less than US$10m (AU$12.8m market cap, or US$9.15m).

Australian (ASX) Specialty Stores Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

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New major risk - Revenue and earnings growth

New major risk - Shareholder dilution

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