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Australian (ASX) Trade Distributors Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies11
  • 7D-4.3%
  • 3M-9.3%
  • 1Y-9.1%
  • YTD-6.0%

The Trade Distributors industry is up 1.3% in the last week, with Redox up 1.2%. In the past year, the industry is down 10%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026AU$28.9bAU$23.3bAU$949.5m20.4x30.5x1.2x
Sat, 14 Mar 2026AU$29.4bAU$23.3bAU$949.5m18.9x31x1.3x
Mon, 09 Feb 2026AU$30.9bAU$23.0bAU$997.5m16.9x31x1.3x
Wed, 07 Jan 2026AU$31.3bAU$23.0bAU$997.5m20.4x31.4x1.4x
Fri, 05 Dec 2025AU$29.8bAU$23.0bAU$997.5m19.4x29.9x1.3x
Sun, 02 Nov 2025AU$30.2bAU$23.0bAU$1.0b19.7x30.2x1.3x
Tue, 30 Sep 2025AU$30.8bAU$23.0bAU$1.0b18.9x30.8x1.3x
Thu, 28 Aug 2025AU$30.4bAU$23.0bAU$1.0b19.7x29.6x1.3x
Sat, 26 Jul 2025AU$32.1bAU$23.1bAU$1.4b18.7x23x1.4x
Mon, 23 Jun 2025AU$35.1bAU$23.1bAU$1.4b19.4x25.1x1.5x
Wed, 21 May 2025AU$35.4bAU$23.1bAU$1.4b17.1x25.2x1.5x
Fri, 18 Apr 2025AU$32.4bAU$23.1bAU$1.4b18.8x23.1x1.4x
Sun, 16 Mar 2025AU$33.2bAU$23.1bAU$1.4b21.9x23.6x1.4x
Tue, 11 Feb 2025AU$38.4bAU$22.8bAU$1.1b24.7x35.4x1.7x
Thu, 09 Jan 2025AU$37.7bAU$22.8bAU$1.1b24.8x34.8x1.7x
Sat, 07 Dec 2024AU$40.0bAU$22.8bAU$1.1b23.6x36.9x1.8x
Mon, 04 Nov 2024AU$35.0bAU$22.8bAU$1.1b21.2x32.2x1.5x
Wed, 02 Oct 2024AU$39.3bAU$22.8bAU$1.1b22.3x36.1x1.7x
Fri, 30 Aug 2024AU$36.8bAU$22.8bAU$1.1b22.5x33.8x1.6x
Sun, 28 Jul 2024AU$36.3bAU$22.5bAU$1.1b26.8x32.6x1.6x
Tue, 25 Jun 2024AU$34.9bAU$22.5bAU$1.1b24.9x31.3x1.5x
Thu, 23 May 2024AU$35.0bAU$22.5bAU$1.1b22.9x31.5x1.6x
Sat, 20 Apr 2024AU$34.9bAU$22.5bAU$1.1b26.3x31.3x1.5x
Mon, 18 Mar 2024AU$35.9bAU$22.5bAU$1.1b24.6x32.3x1.6x
Wed, 14 Feb 2024AU$30.8bAU$21.9bAU$1.2b21.5x26.6x1.4x
Fri, 12 Jan 2024AU$30.2bAU$21.9bAU$1.2b22.5x26x1.4x
Sun, 10 Dec 2023AU$27.6bAU$21.9bAU$1.2b22.5x23.8x1.3x
Tue, 07 Nov 2023AU$24.8bAU$21.9bAU$1.2b17.8x21.5x1.1x
Thu, 05 Oct 2023AU$25.7bAU$21.9bAU$1.2b17.9x22.2x1.2x
Sat, 02 Sep 2023AU$26.0bAU$21.9bAU$1.2b17x22.4x1.2x
Mon, 31 Jul 2023AU$24.6bAU$20.3bAU$239.8m19.2x102.5x1.2x
Wed, 28 Jun 2023AU$21.7bAU$19.1bAU$149.6m23x145.3x1.1x
Fri, 26 May 2023AU$21.6bAU$19.1bAU$149.9m22.9x143.8x1.1x
Sun, 23 Apr 2023AU$21.4bAU$19.1bAU$150.1m21.6x142.9x1.1x
Price to Earnings Ratio

142.9x


Total Market Cap: AU$21.4bTotal Earnings: AU$150.1mTotal Revenue: AU$19.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Trade Distributors Industry Price to Earnings3Y Average 40.4x202420252026
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 30.7x which is lower than its 3-year average PE of 40.5x.
  • 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 85% 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 Market0.27%
Industrials-2.32%
Trade Distributors-4.34%
Trade Companies and Distributors-4.34%
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
RDX RedoxAU$3.311.2%
+AU$21.0m		17.4%PE21.5x
SGI Stealth Group HoldingsAU$1.044.0%
+AU$6.0m		25.3%PE49.4x
CYG Coventry GroupAU$0.413.8%
+AU$2.1m		-52.6%PS0.2x
MSI Multistack InternationalAU$0.00433.3%
+AU$136.3k		0%PE0.2x

Latest News

MSI
AU$0.004
Multistack International
7D
33.3%
1Y
0%
IPG
AU$4.97
IPD Group
7D
-1.0%
1Y
27.8%

IPG: Future Returns Will Rely On Stable Dividend And Fair Valuation

Analysts have made a modest adjustment to their price target for IPD Group. The updated view reflects small changes to the discount rate, long term revenue growth, profit margin assumptions and forward P/E.
RDX
AU$3.31
Redox
7D
1.2%
1Y
17.4%

RDX: Upcoming Dividend Timing Will Support A Positive Repricing Outlook

Analysts have lifted their price target on Redox by A$0.00 to reflect small tweaks to discount rate, revenue growth and profit margin assumptions, as well as a slightly lower future P/E multiple that keeps their overall fair value view broadly unchanged. What's in the News Redox Limited declared an ordinary fully paid dividend of A$0.065 per share for the six months to December 31, 2025 (Key Developments).
SGI
AU$1.04
Stealth Group Holdings
7D
4.0%
1Y
25.3%

SGI: Unchanged Fair Value And Margins Signal Strong Future Upside Potential

Analysts have kept their A$1.90 price target on Stealth Group Holdings unchanged, reflecting only minor tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E that do not materially shift their overall valuation view. Valuation Changes Fair Value: A$1.90 is unchanged, indicating no adjustment to the assessed fair value per share.
SGH
AU$41.41
SGH
7D
-4.6%
1Y
-13.2%

SGH: Potential Bingo Acquisition Will Shape Future Earnings Power

Analysts have adjusted their price target on SGH to A$51.95 from A$52.68, reflecting updated views on revenue growth, profit margins and future P/E assumptions following recent bullish Street research. Analyst Commentary Bullish Takeaways Bullish analysts view the updated A$51.95 price target as consistent with their constructive stance on SGH, suggesting that the current valuation still reflects room for execution on existing revenue plans rather than requiring a major shift in the business.
EHL
AU$1.21
Emeco Holdings
7D
-6.6%
1Y
65.8%

EHL: Refined Discount Rate Assumptions Will Support Bullish Long Run Earnings Margin

Analysts have made a small, valuation driven adjustment to Emeco Holdings' target, with a new fair value of A$1.41 that reflects slightly refined assumptions around the discount rate, long run revenue growth, profit margin and future P/E multiples. Valuation Changes Fair Value: A$1.41 remains unchanged.
REH
AU$13.86
Reece
7D
-5.2%
1Y
-9.1%

REH: Upgraded Views And FY26 Guidance Will Support Future Upside Potential

Analysts have adjusted their view on Reece, with the consensus fair value estimate moving from A$16.60 to A$18.00. This points to expectations of slightly stronger revenue growth, a modestly lower profit margin, a higher discount rate and a lower future P/E.
BPP
AU$0.083
Babylon Pump & Power
7D
-8.8%
1Y
-44.7%
BOL
AU$1.74
Boom Logistics
7D
-1.4%
1Y
20.0%
CYG
AU$0.41
Coventry Group
7D
3.8%
1Y
-52.6%
SBZ
AU$0.20
Schoolblazer
7D
-4.9%
1Y
-22.0%