Australian (ASX) Trade Companies and Distributors Industry Analysis

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
Mon, 31 Aug 2026	AU$29.9b	AU$23.6b	AU$1.1b	19.1x	26.2x	1.3x
Wed, 29 Jul 2026	AU$31.6b	AU$23.3b	AU$944.3m	21.8x	33.5x	1.4x
Fri, 26 Jun 2026	AU$32.8b	AU$23.3b	AU$937.5m	24.9x	34.9x	1.4x
Sun, 24 May 2026	AU$28.5b	AU$23.3b	AU$949.5m	19.9x	30x	1.2x
Tue, 21 Apr 2026	AU$28.5b	AU$23.3b	AU$949.5m	20.3x	30x	1.2x
Thu, 19 Mar 2026	AU$29.0b	AU$23.3b	AU$949.5m	18.9x	30.5x	1.2x
Sat, 14 Feb 2026	AU$31.8b	AU$22.9b	AU$1.0b	17.6x	31.5x	1.4x
Mon, 12 Jan 2026	AU$31.4b	AU$23.0b	AU$997.5m	21.8x	31.5x	1.4x
Wed, 10 Dec 2025	AU$29.5b	AU$23.0b	AU$997.5m	19.5x	29.6x	1.3x
Fri, 07 Nov 2025	AU$29.2b	AU$23.0b	AU$1.0b	18.4x	29.2x	1.3x
Sun, 05 Oct 2025	AU$31.1b	AU$23.0b	AU$1.0b	19.3x	31.1x	1.4x
Tue, 02 Sep 2025	AU$30.5b	AU$23.0b	AU$1.0b	16.7x	30.5x	1.3x
Thu, 31 Jul 2025	AU$32.5b	AU$23.1b	AU$1.4b	18.8x	23.3x	1.4x
Sat, 28 Jun 2025	AU$33.5b	AU$23.1b	AU$1.4b	18.8x	24x	1.4x
Mon, 26 May 2025	AU$33.6b	AU$23.1b	AU$1.4b	20.9x	23.9x	1.5x
Wed, 23 Apr 2025	AU$32.2b	AU$23.1b	AU$1.4b	18.8x	22.9x	1.4x
Fri, 21 Mar 2025	AU$33.3b	AU$23.1b	AU$1.4b	18.8x	23.8x	1.4x
Sun, 16 Feb 2025	AU$40.7b	AU$23.2b	AU$1.4b	25.8x	28.8x	1.8x
Tue, 14 Jan 2025	AU$36.5b	AU$22.8b	AU$1.1b	24.3x	33.7x	1.6x
Thu, 12 Dec 2024	AU$38.2b	AU$22.8b	AU$1.1b	24.1x	35.2x	1.7x
Sat, 09 Nov 2024	AU$37.1b	AU$22.8b	AU$1.1b	21.8x	34x	1.6x
Mon, 07 Oct 2024	AU$38.6b	AU$22.8b	AU$1.1b	21.9x	35.4x	1.7x
Wed, 04 Sep 2024	AU$37.6b	AU$22.8b	AU$1.1b	21.7x	34.4x	1.6x
Fri, 02 Aug 2024	AU$37.4b	AU$22.5b	AU$1.1b	26.8x	33.6x	1.7x
Sun, 30 Jun 2024	AU$34.5b	AU$22.5b	AU$1.1b	25.3x	31x	1.5x
Tue, 28 May 2024	AU$35.3b	AU$22.5b	AU$1.1b	24.3x	31.7x	1.6x
Thu, 25 Apr 2024	AU$35.4b	AU$22.5b	AU$1.1b	24.6x	31.9x	1.6x
Sat, 23 Mar 2024	AU$35.9b	AU$22.5b	AU$1.1b	25.8x	32.3x	1.6x
Mon, 19 Feb 2024	AU$32.6b	AU$22.4b	AU$1.0b	28.4x	31.1x	1.5x
Wed, 17 Jan 2024	AU$29.6b	AU$21.9b	AU$1.2b	21.8x	25.5x	1.4x
Fri, 15 Dec 2023	AU$28.4b	AU$21.9b	AU$1.2b	23.4x	24.5x	1.3x
Sun, 12 Nov 2023	AU$25.2b	AU$21.9b	AU$1.2b	19.3x	21.8x	1.2x
Tue, 10 Oct 2023	AU$24.6b	AU$21.9b	AU$1.2b	16.8x	21.3x	1.1x
Thu, 07 Sep 2023	AU$25.7b	AU$21.9b	AU$1.2b	17x	22.2x	1.2x

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 26.2x 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	0.22%
Industrials	-0.22%
Trade Distributors	-1.26%
Trade Companies and Distributors	-1.26%

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
RDX Redox	AU$3.39	3.0% +AU$52.5m	38.9%	PE19.4x
CYG Coventry Group	AU$0.43	27.9% +AU$13.2m	-39.2%	PS0.2x
EHL Emeco Holdings	AU$1.16	2.2% +AU$12.9m	8.4%	PE7.8x
BOL Boom Logistics	AU$2.30	8.5% +AU$6.7m	71.6%	PE7.7x
SGI Stealth Group Holdings	AU$1.42	2.2% +AU$4.5m	120.2%	PE36.5x

New minor risk - Dividend sustainability

The dividend is not well covered by cash flows. Cash payout ratio: 178% Dividend yield: 103% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (178% cash payout ratio). Profit margins are more than 30% lower than last year (4.1% net profit margin). Significant insider selling over the past 3 months (AU$6.9m sold). Market cap is less than US$100m (AU$78.4m market cap, or US$56.2m).

Australian (ASX) Trade Companies and Distributors Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Now 47% overvalued after recent price rise

Final dividend of AU$0.13 announced

New major risk - Financial position

Upcoming dividend of AU$0.015 per share

New minor risk - Dividend sustainability

Final dividend of AU$0.065 announced

SGH: Buyback Plan And 2028 Capital Sales Outlook Will Drive Upside

Full year 2026 earnings: EPS and revenues miss analyst expectations

Price target increased by 8.5% to AU$6.42