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Australian (ASX) Trade Distributors Industry Analysis

UpdatedJun 07, 2026
DataAggregated Company Financials
Companies11
  • 7D1.8%
  • 3M-6.3%
  • 1Y-15.8%
  • YTD-4.9%

Over the last 7 days, the Trade Distributors industry has risen 1.8%, driven by gains from SGH of 1.7%. However, the industry is down 16% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 08 Jun 2026AU$29.2bAU$23.3bAU$937.5m23.1x31.2x1.3x
Wed, 06 May 2026AU$28.0bAU$23.3bAU$949.5m21.6x29.4x1.2x
Fri, 03 Apr 2026AU$28.2bAU$23.3bAU$949.5m20.1x29.7x1.2x
Sun, 01 Mar 2026AU$32.3bAU$23.3bAU$949.5m20.5x34x1.4x
Tue, 27 Jan 2026AU$31.1bAU$23.0bAU$997.5m21x31.2x1.4x
Thu, 25 Dec 2025AU$30.7bAU$23.0bAU$997.5m20.4x30.8x1.3x
Sat, 22 Nov 2025AU$27.9bAU$23.0bAU$1.0b18.5x27.9x1.2x
Mon, 20 Oct 2025AU$30.5bAU$23.0bAU$1.0b18.8x30.5x1.3x
Wed, 17 Sep 2025AU$30.1bAU$23.0bAU$1.0b18.7x30.1x1.3x
Fri, 15 Aug 2025AU$31.5bAU$22.9bAU$1.1b20.2x28.9x1.4x
Sun, 13 Jul 2025AU$32.0bAU$23.1bAU$1.4b18.4x22.9x1.4x
Tue, 10 Jun 2025AU$35.2bAU$23.1bAU$1.4b17.4x25.2x1.5x
Thu, 08 May 2025AU$33.3bAU$23.1bAU$1.4b18.8x23.7x1.4x
Sat, 05 Apr 2025AU$30.5bAU$23.1bAU$1.4b18.8x21.8x1.3x
Mon, 03 Mar 2025AU$35.5bAU$23.1bAU$1.4b22.4x25.3x1.5x
Wed, 29 Jan 2025AU$38.3bAU$22.8bAU$1.1b24.5x35.3x1.7x
Fri, 27 Dec 2024AU$37.3bAU$22.8bAU$1.1b24.6x34.5x1.6x
Sun, 24 Nov 2024AU$38.9bAU$22.8bAU$1.1b21x35.7x1.7x
Tue, 22 Oct 2024AU$38.7bAU$22.8bAU$1.1b22x35.5x1.7x
Thu, 19 Sep 2024AU$38.9bAU$22.8bAU$1.1b22.3x35.7x1.7x
Sat, 17 Aug 2024AU$36.8bAU$22.7bAU$1.1b21.4x34x1.6x
Mon, 15 Jul 2024AU$33.9bAU$22.5bAU$1.1b27.5x30.4x1.5x
Wed, 12 Jun 2024AU$35.8bAU$22.5bAU$1.1b23.8x32.1x1.6x
Fri, 10 May 2024AU$36.3bAU$22.5bAU$1.1b24.7x32.6x1.6x
Sun, 07 Apr 2024AU$35.5bAU$22.5bAU$1.1b26.6x32x1.6x
Tue, 05 Mar 2024AU$35.3bAU$22.5bAU$1.1b25.7x31.7x1.6x
Thu, 01 Feb 2024AU$30.6bAU$21.9bAU$1.2b21.7x26.3x1.4x
Sat, 30 Dec 2023AU$30.6bAU$21.9bAU$1.2b23.6x26.4x1.4x
Mon, 27 Nov 2023AU$26.3bAU$21.9bAU$1.2b21.1x22.7x1.2x
Wed, 25 Oct 2023AU$23.6bAU$21.9bAU$1.2b17x20.4x1.1x
Fri, 22 Sep 2023AU$25.2bAU$21.9bAU$1.2b17.1x21.8x1.2x
Sun, 20 Aug 2023AU$25.5bAU$21.3bAU$1.2b15.9x21.2x1.2x
Tue, 18 Jul 2023AU$23.8bAU$20.3bAU$239.8m18.9x99.4x1.2x
Thu, 15 Jun 2023AU$22.3bAU$19.1bAU$149.6m23.4x149.1x1.2x
Price to Earnings Ratio

149.1x


Total Market Cap: AU$22.3bTotal Earnings: AU$149.6mTotal Revenue: AU$19.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Trade Distributors Industry Price to Earnings3Y Average 34.9x202420252026
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 31.2x which is lower than its 3-year average PE of 35.0x.
  • 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 Trade Distributors industry have grown 84% per year over the last three years.
  • Revenues for these companies have grown 6.9% 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-1.23%
Industrials0.75%
Trade Distributors1.82%
Trade Companies and Distributors1.82%
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
SGH SGHAU$41.921.7%
+AU$292.7m		-23.9%PE34.2x
RDX RedoxAU$3.507.7%
+AU$131.3m		72.4%PE22.8x
REH ReeceAU$13.890.7%
+AU$55.4m		-13.0%PE30.5x
ACF AcrowAU$0.9615.6%
+AU$40.5m		-4.9%PE14.7x
IPG IPD GroupAU$6.082.2%
+AU$13.5m		102.0%PE23.5x

Latest News

SGI
AU$0.93
Stealth Group Holdings
7D
-2.6%
1Y
28.5%
Narrative Update • Jun 06

SGI: Upcoming Shareholder Meeting Will Support Confidence In Undervalued Outlook

Analysts have trimmed their fair value estimate for Stealth Group Holdings from A$1.90 to A$1.60 as they now factor in more moderate revenue growth, slightly lower profit margins, and a higher future P/E multiple in their models. What's in the News Stealth Group Holdings has scheduled a Special and Extraordinary Shareholders Meeting for May 27, 2026 at 11:00 W.
SGH
AU$41.92
SGH
7D
1.7%
1Y
-23.9%
Narrative Update • Jun 06

SGH: Future Returns Will Rely On Crux Cashflows And Margin Strength

Narrative Update on SGH The updated analyst price target for SGH has shifted from about A$49.08 to around A$42.72, as analysts factor in expectations for stronger long term cash flow from the Crux project from FY29/30 and reassess valuation inputs such as discount rates and future P/E assumptions. Analyst Commentary Recent research highlights a split view on SGH, with some analysts pointing to the Crux project as a key long term cash flow driver from FY29/30, while others remain cautious about nearer term risks.
EHL
AU$1.05
Emeco Holdings
7D
-1.4%
1Y
37.3%
Narrative Update • Jun 05

EHL: Steady Margins And P/E Support Attractive Future Upside Potential

Analysts have kept their fair value estimate for Emeco Holdings steady at A$1.42, with only minimal tweaks to assumptions such as discount rate, revenue growth, profit margin and forward P/E, resulting in a largely unchanged price target narrative. What's in the News No recent company specific news or key developments for Emeco Holdings were identified in the provided sources.
RDX
AU$3.50
Redox
7D
7.7%
1Y
72.4%
Narrative Update • Jun 04

RDX: Upcoming Dividend Timing Will Support A Positive Repricing Outlook

Analysts have trimmed their price target on Redox to A$4.20, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E that remain broadly in line with prior expectations. What's in the News No recent company specific news items for Redox were provided in the sources above.
IPG
AU$6.08
IPD Group
7D
2.2%
1Y
102.0%
Narrative Update • Jun 03

IPG: Future Returns Will Rely On Fair Pricing And Stable Earnings Multiple

Analysts have lifted their price target for IPD Group to A$6.05 from A$5.24, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News No recent company specific news for IPD Group is provided here, so the updated analyst price target is the main fresh datapoint available right now.
REH
AU$13.89
Reece
7D
0.7%
1Y
-13.0%
Narrative Update • Jun 02

REH: Future Margins And Earnings Multiples Will Likely Compress Further

Analysts have trimmed their price target for Reece to A$10.79 from A$10.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E multiples. What's in the News No recent company specific news or key developments for Reece are provided in the available sources at this time.
BOL
AU$1.85
Boom Logistics
7D
3.9%
1Y
32.1%
New Narrative • May 15

Energy Transition And Infrastructure Pipeline Will Support This Capital Disciplined Operator

Catalysts About Boom Logistics Boom Logistics provides complex lifting, cranes and project logistics services across resources, infrastructure, industrials and renewables in Australia. What are the underlying business or industry changes driving this perspective?
ACF
AU$0.96
Acrow
7D
15.6%
1Y
-4.9%
CYG
AU$0.28
Coventry Group
7D
-5.0%
1Y
-64.4%