Calculating The Fair Value Of IPD Group Limited (ASX:IPG)
Nov 18
Australian (ASX) Trade Distributors Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies13
- 7D2.7%
- 3M3.2%
- 1Y-22.7%
- YTD-31.7%
The Trade Distributors industry is up 2.7% in the last week, with Reece up 3.4%. In contrast, the industry has lost 23% in the last 12 months. As for the next few years, earnings are expected to grow by 8.2% per annum.
Industry Valuation and Performance
Has the Australian Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | AU$18.6b | AU$18.4b | AU$886.7m | 17.4x | 21x | 1x |
| Wed, 26 Oct 2022 | AU$16.9b | AU$18.4b | AU$889.0m | 16.3x | 19x | 0.9x |
| Fri, 23 Sep 2022 | AU$17.1b | AU$18.4b | AU$889.0m | 16.1x | 19.2x | 0.9x |
| Sun, 21 Aug 2022 | AU$18.3b | AU$16.0b | AU$1.7b | 13.1x | 10.6x | 1.1x |
| Tue, 19 Jul 2022 | AU$15.9b | AU$16.0b | AU$1.7b | 13.4x | 9.3x | 1x |
| Thu, 16 Jun 2022 | AU$15.7b | AU$16.0b | AU$1.7b | 12.4x | 9.2x | 1x |
| Sat, 14 May 2022 | AU$18.3b | AU$16.0b | AU$1.7b | 13.1x | 10.7x | 1.1x |
| Mon, 11 Apr 2022 | AU$20.1b | AU$16.0b | AU$1.7b | 15.5x | 11.7x | 1.3x |
| Wed, 09 Mar 2022 | AU$22.0b | AU$16.8b | AU$1.8b | 14.1x | 12.2x | 1.3x |
| Fri, 04 Feb 2022 | AU$23.7b | AU$13.6b | AU$1.0b | 23.1x | 23x | 1.7x |
| Sun, 02 Jan 2022 | AU$27.6b | AU$13.6b | AU$1.0b | 21.9x | 26.8x | 2x |
| Tue, 30 Nov 2021 | AU$24.8b | AU$13.5b | AU$1.0b | 24.9x | 24.2x | 1.8x |
| Thu, 28 Oct 2021 | AU$20.4b | AU$12.8b | AU$955.0m | 27.8x | 21.4x | 1.6x |
| Sat, 25 Sep 2021 | AU$20.7b | AU$12.8b | AU$959.9m | 23.2x | 21.6x | 1.6x |
| Mon, 23 Aug 2021 | AU$26.3b | AU$12.8b | AU$959.9m | 18.5x | 27.4x | 2.1x |
| Sat, 10 Jul 2021 | AU$23.6b | AU$12.8b | AU$959.9m | 18.4x | 24.6x | 1.8x |
| Fri, 02 Apr 2021 | AU$19.6b | AU$12.5b | AU$845.2m | 14.3x | 23.2x | 1.6x |
| Mon, 04 Jan 2021 | AU$18.4b | AU$12.2b | AU$721.5m | 18.2x | 25.6x | 1.5x |
| Thu, 08 Oct 2020 | AU$15.2b | AU$12.0b | AU$543.7m | 21.2x | 27.9x | 1.3x |
| Wed, 01 Jul 2020 | AU$12.4b | AU$11.8b | AU$377.7m | 24.4x | 32.8x | 1.1x |
| Sat, 04 Apr 2020 | AU$9.4b | AU$11.5b | AU$390.5m | 21.3x | 24.1x | 0.8x |
| Tue, 07 Jan 2020 | AU$14.0b | AU$11.3b | AU$408.8m | 33.8x | 34.3x | 1.2x |
Price to Earnings Ratio
33.1x
Current Industry PE
- Investors are pessimistic on the Australian Trade Distributors 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 21.0x which is lower than its 3-year average PE of 24.5x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Trade Distributors industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 19% 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 Industrials industry?
| AU Market | 1.17% | |
| Industrials | 2.25% | |
| Trade Distributors | 2.67% | |
| Trade Companies and Distributors | 2.67% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REH Reece | AU$15.51 | 3.4% +AU$329.5m | -33.4% | PE25.5x | |
| SVW Seven Group Holdings | AU$20.60 | 1.6% +AU$119.8m | -2.4% | PE19x | |
| EHL Emeco Holdings | AU$0.76 | 6.3% +AU$23.1m | -23.2% | PE6x | |
| IPG IPD Group | AU$3.01 | 4.2% +AU$10.4m | n/a | PE23.4x | |
| HNG Hancock & Gore | AU$0.30 | 5.3% +AU$3.4m | -16.7% | PE12.1x |