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Australian (ASX) Trade Distributors Industry Analysis

UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies11
  • 7D5.2%
  • 3M7.9%
  • 1Y-7.4%
  • YTD6.7%

The Trade Distributors industry is up 5.2% in the last week, with Reece up 13%. In the past year, the industry is down 7.4%. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Australian Trade Distributors Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026AU$32.8bAU$23.2bAU$966.1m19.4x34x1.4x
Sun, 25 Jan 2026AU$31.1bAU$23.0bAU$997.5m21x31.2x1.4x
Tue, 23 Dec 2025AU$30.6bAU$23.0bAU$997.5m20x30.6x1.3x
Thu, 20 Nov 2025AU$27.2bAU$23.0bAU$1.0b18x27.2x1.2x
Sat, 18 Oct 2025AU$30.5bAU$23.0bAU$1.0b18.8x30.5x1.3x
Mon, 15 Sep 2025AU$29.3bAU$23.0bAU$1.0b17.8x29.3x1.3x
Wed, 13 Aug 2025AU$31.3bAU$23.1bAU$1.4b19.3x22.4x1.4x
Fri, 11 Jul 2025AU$32.0bAU$23.1bAU$1.4b18.3x22.9x1.4x
Sun, 08 Jun 2025AU$35.2bAU$23.1bAU$1.4b17.4x25.2x1.5x
Tue, 06 May 2025AU$34.3bAU$23.1bAU$1.4b18.8x24.4x1.5x
Thu, 03 Apr 2025AU$33.0bAU$23.1bAU$1.4b18.8x23.5x1.4x
Sat, 01 Mar 2025AU$35.5bAU$23.1bAU$1.4b22.4x25.2x1.5x
Mon, 27 Jan 2025AU$38.5bAU$22.8bAU$1.1b24.7x35.5x1.7x
Wed, 25 Dec 2024AU$37.3bAU$22.8bAU$1.1b24.6x34.5x1.6x
Fri, 22 Nov 2024AU$38.4bAU$22.8bAU$1.1b21.4x35.2x1.7x
Sun, 20 Oct 2024AU$38.2bAU$22.8bAU$1.1b21.6x35.1x1.7x
Tue, 17 Sep 2024AU$38.3bAU$22.8bAU$1.1b22.4x35.2x1.7x
Thu, 15 Aug 2024AU$36.0bAU$22.7bAU$1.1b23.5x33.3x1.6x
Sat, 13 Jul 2024AU$33.9bAU$22.5bAU$1.1b27.5x30.4x1.5x
Mon, 10 Jun 2024AU$35.8bAU$22.5bAU$1.1b23.4x32.1x1.6x
Wed, 08 May 2024AU$36.2bAU$22.5bAU$1.1b24.5x32.6x1.6x
Fri, 05 Apr 2024AU$35.7bAU$22.5bAU$1.1b26.3x32.1x1.6x
Sun, 03 Mar 2024AU$34.9bAU$22.5bAU$1.1b26.2x31.4x1.5x
Tue, 30 Jan 2024AU$30.3bAU$21.9bAU$1.2b22x26.1x1.4x
Thu, 28 Dec 2023AU$30.2bAU$21.9bAU$1.2b23.4x26x1.4x
Sat, 25 Nov 2023AU$26.3bAU$21.9bAU$1.2b21.1x22.7x1.2x
Mon, 23 Oct 2023AU$23.7bAU$21.9bAU$1.2b16.4x20.4x1.1x
Wed, 20 Sep 2023AU$25.3bAU$21.9bAU$1.2b17.1x21.8x1.2x
Fri, 18 Aug 2023AU$25.6bAU$21.3bAU$1.2b16.2x21.3x1.2x
Sun, 16 Jul 2023AU$23.8bAU$20.3bAU$239.8m19.1x99.2x1.2x
Tue, 13 Jun 2023AU$22.1bAU$19.1bAU$149.6m23.6x147.7x1.2x
Thu, 11 May 2023AU$21.6bAU$19.1bAU$150.1m22.5x143.7x1.1x
Sat, 08 Apr 2023AU$21.1bAU$19.1bAU$150.1m21.1x140.7x1.1x
Mon, 06 Mar 2023AU$20.3bAU$19.1bAU$150.1m18.6x135.4x1.1x
Price to Earnings Ratio

135.4x


Total Market Cap: AU$20.3bTotal Earnings: AU$150.1mTotal Revenue: AU$19.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Trade Distributors Industry Price to Earnings3Y Average 45x202420252026
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 34.0x which is lower than its 3-year average PE of 45.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Trade Distributors industry have grown 86% per year over the last three years.
  • Revenues for these companies have grown 6.8% 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 Market1.42%
Industrials2.31%
Trade Distributors5.19%
Trade Companies and Distributors5.19%
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?

CompanyLast Price7D1YValuation
REH ReeceAU$15.7513.5%
+AU$1.2b		-8.5%PE34.6x
RDX RedoxAU$3.169.0%
+AU$136.5m		0.3%PE20.6x
IPG IPD GroupAU$4.956.5%
+AU$31.2m		15.7%PE19.1x
BOL Boom LogisticsAU$1.8810.6%
+AU$7.0m		23.7%PE7.8x

Latest News

ACF
AU$0.98
Acrow
7D
-6.2%
1Y
-7.1%
RDX
AU$3.16
Redox
7D
9.0%
1Y
0.3%

RDX: Future Returns Will Reflect Dividend Stability And Slightly Refined Assumptions

Analysts have lifted their price target on Redox to A$3.30 from A$3.16, reflecting updated assumptions around modestly adjusted revenue growth, slightly higher profit margins and a marginally higher future P/E multiple. What's in the News Redox Limited declared an ordinary fully paid dividend of A$0.065 per share for the six month period ending December 31, 2025 (Key Developments).
IPG
AU$4.95
IPD Group
7D
6.5%
1Y
15.7%
REH
AU$15.75
Reece
7D
13.5%
1Y
-8.5%
SGH
AU$46.48
SGH
7D
-2.8%
1Y
-10.8%

SGH: Future Returns Will Rely On Dividend Income And Margin Strength

Analysts have raised their fair value estimate for SGH from A$46.69 to A$49.08, citing updated assumptions around revenue growth, profit margins and future P/E as key drivers behind the higher price target. What's in the News SGH Limited declared an ordinary dividend of A$0.32000000 per share for the six month period ended December 31, 2025, classified as a dividend increase event (Key Developments).
EHL
AU$1.31
Emeco Holdings
7D
-1.1%
1Y
50.6%

EHL: Refreshed Assumptions Will Support Balanced Outlook On Earnings And Capital Allocation

Analysts have lifted their price target on Emeco Holdings to A$1.41 from A$1.23, citing refreshed assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as key drivers of the change. What's in the News Emeco Holdings held an Analyst/Investor Day, providing the market with a dedicated forum to hear management's latest views on the business and capital allocation plans (Key Developments).
MSI
AU$0.003
Multistack International
7D
-25.0%
1Y
-40.0%
BOL
AU$1.88
Boom Logistics
7D
10.6%
1Y
23.7%
BPP
AU$0.09
Babylon Pump & Power
7D
-10.0%
1Y
-40.0%

Little Excitement Around Babylon Pump & Power Limited's (ASX:BPP) Earnings As Shares Take 29% Pounding

Feb 10
Little Excitement Around Babylon Pump & Power Limited's (ASX:BPP) Earnings As Shares Take 29% Pounding
SGI
AU$1.15
Stealth Group Holdings
7D
-11.5%
1Y
57.5%

SGI: Equity Raise And Updated Assumptions Will Support Attractive Future Upside

Analysts have nudged their price target on Stealth Group Holdings slightly higher, citing updated fair value work that keeps the estimate around A$1.80 while fine tuning inputs such as the discount rate, long term revenue growth and future P/E assumptions. What's in the News Stealth Group Holdings completed a follow on equity offering of A$19.5 million in ordinary shares.