Narrative Update • Aug 19

Over the last 7 days, the Trade Distributors industry has remained flat, although notably Thermador Groupe declined by 4.0%. The past year has been better, since the industry has gained 26% in that time. As for the next few years, earnings are expected to grow by 12% per annum.
Has the French Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 29 Aug 2026 | €11.7b | €22.1b | €734.9m | 15.8x | 16x | 0.5x |
| Mon, 27 Jul 2026 | €12.3b | €21.8b | €651.0m | 18.8x | 18.9x | 0.6x |
| Wed, 24 Jun 2026 | €12.0b | €21.8b | €651.0m | 18.4x | 18.4x | 0.5x |
| Fri, 22 May 2026 | €11.7b | €21.8b | €649.3m | 25.4x | 17.9x | 0.5x |
| Sun, 19 Apr 2026 | €12.5b | €21.8b | €642.7m | 47.8x | 19.5x | 0.6x |
| Tue, 17 Mar 2026 | €10.8b | €21.8b | €640.9m | 40.5x | 16.9x | 0.5x |
| Thu, 12 Feb 2026 | €12.4b | €21.8b | €299.6m | 46.6x | 41.2x | 0.6x |
| Sat, 10 Jan 2026 | €11.0b | €22.2b | €281.5m | 39.1x | 38.9x | 0.5x |
| Mon, 08 Dec 2025 | €10.8b | €22.2b | €281.5m | 38.9x | 38.4x | 0.5x |
| Wed, 05 Nov 2025 | €9.8b | €22.3b | €280.2m | 40.3x | 35x | 0.4x |
| Fri, 03 Oct 2025 | €9.6b | €22.3b | €280.4m | 64x | 34.1x | 0.4x |
| Sun, 31 Aug 2025 | €9.4b | €22.4b | €306.2m | 71.8x | 30.7x | 0.4x |
| Tue, 29 Jul 2025 | €9.1b | €22.3b | €400.7m | 80.4x | 22.6x | 0.4x |
| Thu, 26 Jun 2025 | €8.8b | €22.3b | €400.7m | 78.4x | 22x | 0.4x |
| Sat, 24 May 2025 | €8.5b | €22.3b | €400.7m | 73.5x | 21.1x | 0.4x |
| Mon, 21 Apr 2025 | €7.7b | €22.3b | €401.4m | 16.3x | 19.2x | 0.3x |
| Wed, 19 Mar 2025 | €9.0b | €22.5b | €414.8m | 18.5x | 21.8x | 0.4x |
| Fri, 14 Feb 2025 | €9.3b | €22.3b | €777.9m | 12.3x | 11.9x | 0.4x |
| Sun, 12 Jan 2025 | €8.4b | €22.3b | €777.9m | 11.6x | 10.8x | 0.4x |
| Tue, 10 Dec 2024 | €8.8b | €22.3b | €777.9m | 12.1x | 11.3x | 0.4x |
| Thu, 07 Nov 2024 | €9.3b | €22.4b | €777.3m | 12.5x | 11.9x | 0.4x |
| Sat, 05 Oct 2024 | €8.9b | €22.5b | €762.1m | 12.7x | 11.7x | 0.4x |
| Mon, 02 Sep 2024 | €8.0b | €22.5b | €766.5m | 14.9x | 10.4x | 0.4x |
| Wed, 31 Jul 2024 | €8.1b | €22.7b | €853.4m | 13.4x | 9.5x | 0.4x |
| Fri, 28 Jun 2024 | €8.5b | €22.7b | €853.4m | 13.7x | 10x | 0.4x |
| Sun, 26 May 2024 | €9.8b | €22.7b | €853.4m | 14.2x | 11.5x | 0.4x |
| Tue, 23 Apr 2024 | €8.4b | €22.9b | €894.6m | 10.5x | 9.4x | 0.4x |
| Thu, 21 Mar 2024 | €8.6b | €22.9b | €903.2m | 8.6x | 9.6x | 0.4x |
| Sat, 17 Feb 2024 | €8.9b | €23.0b | €925.4m | 9x | 9.6x | 0.4x |
| Mon, 15 Jan 2024 | €8.6b | €23.2b | €1.0b | 7.9x | 8.3x | 0.4x |
| Wed, 13 Dec 2023 | €8.8b | €23.2b | €1.0b | 7.2x | 8.5x | 0.4x |
| Fri, 10 Nov 2023 | €7.3b | €23.2b | €1.0b | 6.8x | 7x | 0.3x |
| Sun, 08 Oct 2023 | €7.6b | €23.3b | €1.1b | 7x | 7x | 0.3x |
| Tue, 05 Sep 2023 | €7.9b | €23.5b | €1.1b | 7.8x | 7x | 0.3x |
7x
Which industries have driven the changes within the French Industrials industry?
| FR Market | -1.25% | |
| Industrials | -0.91% | |
| Trade Distributors | 0.12% | |
| Trade Companies and Distributors | 0.12% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RXL Rexel | €36.27 | 1.3% +€141.2m | 31.0% | PE16x | |
| JCQ Jacquet Metals | €20.55 | 0.2% +€1.0m | 4.6% | PE24.6x |