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Australian (ASX) Trade Distributors Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies13
- 7D-0.2%
- 3M5.3%
- 1Y33.1%
- YTD20.7%
Over the last 7 days, the Trade Distributors industry has remained flat, although notably Seven Group Holdings declined by 5.0%. As for the the longer term, the industry is up 33% over the past 12 months.
Industry Valuation and Performance
Has the Australian Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | AU$24.8b | AU$13.5b | AU$1.0b | 21.5x |
| Tue, 26 Oct 2021 | AU$20.4b | AU$12.8b | AU$955.0m | 27.4x |
| Thu, 23 Sep 2021 | AU$21.2b | AU$12.8b | AU$959.9m | 23.1x |
| Sat, 21 Aug 2021 | AU$25.7b | AU$12.8b | AU$959.9m | 18.5x |
| Sat, 05 Jun 2021 | AU$21.4b | AU$12.5b | AU$845.2m | 13.6x |
| Tue, 09 Mar 2021 | AU$18.7b | AU$12.2b | AU$721.5m | 17.1x |
| Mon, 30 Nov 2020 | AU$17.1b | AU$12.0b | AU$543.7m | 24.9x |
| Thu, 03 Sep 2020 | AU$14.9b | AU$11.8b | AU$377.7m | 29.2x |
| Sun, 07 Jun 2020 | AU$12.0b | AU$11.5b | AU$390.5m | 25.3x |
| Sat, 29 Feb 2020 | AU$13.4b | AU$11.3b | AU$408.8m | 28x |
| Tue, 03 Dec 2019 | AU$13.2b | AU$10.9b | AU$400.4m | 19.2x |
| Fri, 06 Sep 2019 | AU$12.1b | AU$10.6b | AU$386.0m | 22.4x |
| Mon, 10 Jun 2019 | AU$13.1b | AU$9.9b | AU$421.3m | 26.1x |
| Sun, 03 Mar 2019 | AU$13.5b | AU$9.1b | AU$461.9m | 22.9x |
| Wed, 05 Dec 2018 | AU$12.3b | AU$8.2b | AU$511.2m | 16.2x |
PE Ratio
16.2x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 22.3x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Trade Distributors industry have grown 26% per year over the last three years, and revenues for these companies have grown 18% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Trade Distributors industry?
| Trade Companies and Distributors | -0.18% | |
Industry PE: Investors are most optimistic about the Trade Companies and Distributors industry, which is trading close to its 3-year average PE ratio of 22.3x. However analysts are expecting annual earnings growth of 12%, which is lower than the prior year's growth of 32% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Trade Companies and Distributors industry, expecting annual earnings growth of 12% over the next 5 years. However this is lower than its past earnings growth rate of 32% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| REH Reece | 2.8%+AU$407.0m | 71.7% | PE52.7x | |
| VSL Vulcan Steel | 0.9%+AU$9.2m | n/a | PE16.7x | |
| ACF Acrow Formwork and Construction Services | 4.5%+AU$5.7m | 21.1% | PE29.5x | |
| BOL Boom Logistics | 2.8%+AU$2.1m | 15.6% | PE64.5x | |
| AIR AstiVita | 2.0%+AU$372.6k | 14.0% | PS5.2x |
