Narrative Update • Aug 22
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Australian (ASX) Trade Companies and Distributors Industry Analysis
UpdatedSep 01, 2026
DataAggregated Company Financials
Companies10
- 7D-1.2%
- 3M5.0%
- 1Y-0.3%
- YTDn/a
Over the last 7 days, the Trade Companies and Distributors industry has dropped 1.2%, driven by a pullback from SGH of 2.5%. Meanwhile, Emeco Holdings actually outperformed within the industry, gaining 6.9% in the last week. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 14% per annum.
Industry Valuation and Performance
Has the Australian Trade Companies and Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 02 Sep 2026 | AU$30.1b | AU$23.6b | AU$1.2b | 18.7x | 25.9x | 1.3x |
| Fri, 31 Jul 2026 | AU$31.4b | AU$23.3b | AU$944.3m | 21.1x | 33.2x | 1.3x |
| Sun, 28 Jun 2026 | AU$33.1b | AU$23.3b | AU$937.5m | 24.3x | 35.3x | 1.4x |
| Tue, 26 May 2026 | AU$28.6b | AU$23.3b | AU$949.5m | 20.3x | 30.1x | 1.2x |
| Thu, 23 Apr 2026 | AU$28.5b | AU$23.3b | AU$949.5m | 21.5x | 30.1x | 1.2x |
| Sat, 21 Mar 2026 | AU$27.9b | AU$23.3b | AU$949.5m | 18.3x | 29.3x | 1.2x |
| Mon, 16 Feb 2026 | AU$31.8b | AU$22.9b | AU$1.0b | 17.6x | 31.5x | 1.4x |
| Wed, 14 Jan 2026 | AU$31.9b | AU$23.0b | AU$997.5m | 21.2x | 32x | 1.4x |
| Fri, 12 Dec 2025 | AU$29.1b | AU$23.0b | AU$997.5m | 19.4x | 29.1x | 1.3x |
| Sun, 09 Nov 2025 | AU$28.8b | AU$23.0b | AU$1.0b | 18.3x | 28.8x | 1.3x |
| Tue, 07 Oct 2025 | AU$31.5b | AU$23.0b | AU$1.0b | 19.1x | 31.5x | 1.4x |
| Thu, 04 Sep 2025 | AU$29.5b | AU$23.0b | AU$1.0b | 16.4x | 29.5x | 1.3x |
| Sat, 02 Aug 2025 | AU$31.9b | AU$23.1b | AU$1.4b | 18.2x | 22.8x | 1.4x |
| Mon, 30 Jun 2025 | AU$33.5b | AU$23.1b | AU$1.4b | 18.8x | 24x | 1.4x |
| Wed, 28 May 2025 | AU$33.3b | AU$23.1b | AU$1.4b | 20.9x | 23.8x | 1.4x |
| Fri, 25 Apr 2025 | AU$33.1b | AU$23.1b | AU$1.4b | 18.8x | 23.6x | 1.4x |
| Sun, 23 Mar 2025 | AU$33.7b | AU$23.1b | AU$1.4b | 18.8x | 24x | 1.5x |
| Tue, 18 Feb 2025 | AU$40.5b | AU$23.2b | AU$1.4b | 25.8x | 28.7x | 1.7x |
| Thu, 16 Jan 2025 | AU$36.9b | AU$22.8b | AU$1.1b | 24.4x | 34x | 1.6x |
| Sat, 14 Dec 2024 | AU$37.7b | AU$22.8b | AU$1.1b | 24.2x | 34.8x | 1.7x |
| Mon, 11 Nov 2024 | AU$37.1b | AU$22.8b | AU$1.1b | 21.8x | 34x | 1.6x |
| Wed, 09 Oct 2024 | AU$38.3b | AU$22.8b | AU$1.1b | 21.9x | 35.2x | 1.7x |
| Fri, 06 Sep 2024 | AU$36.5b | AU$22.8b | AU$1.1b | 22.2x | 33.4x | 1.6x |
| Sun, 04 Aug 2024 | AU$36.6b | AU$22.5b | AU$1.1b | 26.4x | 32.9x | 1.6x |
| Tue, 02 Jul 2024 | AU$34.2b | AU$22.5b | AU$1.1b | 25.6x | 30.7x | 1.5x |
| Thu, 30 May 2024 | AU$34.7b | AU$22.5b | AU$1.1b | 24.3x | 31.2x | 1.5x |
| Sat, 27 Apr 2024 | AU$35.2b | AU$22.5b | AU$1.1b | 24.6x | 31.6x | 1.6x |
| Mon, 25 Mar 2024 | AU$35.9b | AU$22.5b | AU$1.1b | 25.8x | 32.3x | 1.6x |
| Wed, 21 Feb 2024 | AU$32.7b | AU$22.4b | AU$1.1b | 29.7x | 31.1x | 1.5x |
| Fri, 19 Jan 2024 | AU$28.9b | AU$21.9b | AU$1.2b | 21x | 24.9x | 1.3x |
| Sun, 17 Dec 2023 | AU$29.2b | AU$21.9b | AU$1.2b | 23.2x | 25.1x | 1.3x |
| Tue, 14 Nov 2023 | AU$25.2b | AU$21.9b | AU$1.2b | 19.3x | 21.8x | 1.2x |
| Thu, 12 Oct 2023 | AU$24.9b | AU$21.9b | AU$1.2b | 17.1x | 21.5x | 1.1x |
| Sat, 09 Sep 2023 | AU$25.4b | AU$21.9b | AU$1.2b | 16.9x | 22x | 1.2x |
Price to Earnings Ratio
22x
Current Industry PE
- Investors are pessimistic on the Australian Trading Companies and 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 25.9x which is lower than its 3-year average PE of 29.4x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Trading Companies and Distributors industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 2.6% 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 and as a result, profits have held steady.
Industry Comparison
How does Australian Trade Companies and Distributors compare with similar industries?
| AU Market | -0.43% | |
| Industrials | -0.25% | |
| Trade Distributors | -1.20% | |
| Trade Companies and Distributors | -1.20% | |
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 | |
|---|---|---|---|---|---|
| EHL Emeco Holdings | AU$1.16 | 6.9% +AU$38.6m | 10.5% | PE7.8x | |
| REH Reece | AU$16.68 | 0.3% +AU$30.8m | 59.2% | PE33.3x | |
| CYG Coventry Group | AU$0.40 | 14.3% +AU$7.0m | -41.6% | PS0.1x | |
| BOL Boom Logistics | AU$2.22 | 4.2% +AU$3.3m | 65.7% | PE7.4x |