Narrative Update • Jun 17

The Trade Companies and Distributors is pretty flat in the last 7 days, but Howden Joinery Group has stood out, gaining 4.0%. The past year has been better, since the industry has gained 13% in that time. Earnings are forecast to grow by 13% annually.
Has the U.K. Trade Companies and Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Jun 2026 | UK£29.5b | UK£31.9b | UK£926.3m | 15.8x | 31.8x | 0.9x |
| Sat, 16 May 2026 | UK£27.6b | UK£31.8b | UK£933.4m | 14.8x | 29.6x | 0.9x |
| Mon, 13 Apr 2026 | UK£28.5b | UK£31.7b | UK£932.4m | 16.4x | 30.5x | 0.9x |
| Wed, 11 Mar 2026 | UK£26.6b | UK£31.7b | UK£1.1b | 15.7x | 25.3x | 0.8x |
| Fri, 06 Feb 2026 | UK£47.3b | UK£39.5b | UK£2.1b | 15x | 22.4x | 1.2x |
| Sun, 04 Jan 2026 | UK£47.4b | UK£39.6b | UK£2.2b | 13.8x | 21.8x | 1.2x |
| Tue, 02 Dec 2025 | UK£46.7b | UK£39.8b | UK£2.2b | 14.6x | 20.9x | 1.2x |
| Thu, 30 Oct 2025 | UK£49.4b | UK£39.7b | UK£2.2b | 15x | 22.2x | 1.2x |
| Sat, 27 Sep 2025 | UK£47.9b | UK£39.6b | UK£2.3b | 14.4x | 20.5x | 1.2x |
| Mon, 25 Aug 2025 | UK£51.4b | UK£39.3b | UK£2.4b | 15x | 21.8x | 1.3x |
| Wed, 23 Jul 2025 | UK£46.8b | UK£39.4b | UK£2.4b | 13.5x | 19.8x | 1.2x |
| Fri, 20 Jun 2025 | UK£45.5b | UK£39.4b | UK£2.4b | 13.7x | 19.2x | 1.2x |
| Sun, 18 May 2025 | UK£45.6b | UK£39.5b | UK£2.4b | 13.1x | 19.4x | 1.2x |
| Tue, 15 Apr 2025 | UK£43.3b | UK£39.6b | UK£2.4b | 13.1x | 18.3x | 1.1x |
| Thu, 13 Mar 2025 | UK£45.9b | UK£39.8b | UK£2.4b | 14x | 19x | 1.2x |
| Sat, 08 Feb 2025 | UK£51.5b | UK£40.2b | UK£2.5b | 13.7x | 20.9x | 1.3x |
| Mon, 06 Jan 2025 | UK£51.4b | UK£40.2b | UK£2.5b | 13.4x | 20.4x | 1.3x |
| Wed, 04 Dec 2024 | UK£59.7b | UK£40.0b | UK£2.5b | 13.2x | 23.8x | 1.5x |
| Fri, 01 Nov 2024 | UK£57.0b | UK£39.2b | UK£2.5b | 14.3x | 23x | 1.5x |
| Sun, 29 Sep 2024 | UK£59.1b | UK£38.9b | UK£2.4b | 16.1x | 24.3x | 1.5x |
| Tue, 27 Aug 2024 | UK£55.4b | UK£39.2b | UK£2.5b | 16.7x | 21.9x | 1.4x |
| Thu, 25 Jul 2024 | UK£56.3b | UK£40.1b | UK£3.2b | 14x | 17.6x | 1.4x |
| Sat, 22 Jun 2024 | UK£55.1b | UK£40.2b | UK£3.1b | 14x | 18x | 1.4x |
| Mon, 20 May 2024 | UK£58.0b | UK£40.0b | UK£3.1b | 14.7x | 18.4x | 1.4x |
| Wed, 17 Apr 2024 | UK£55.3b | UK£40.1b | UK£3.2b | 13.2x | 17.3x | 1.4x |
| Fri, 15 Mar 2024 | UK£52.6b | UK£39.9b | UK£3.2b | 13.4x | 16.6x | 1.3x |
| Sun, 11 Feb 2024 | UK£53.8b | UK£40.5b | UK£3.5b | 11.2x | 15.5x | 1.3x |
| Tue, 09 Jan 2024 | UK£52.7b | UK£40.4b | UK£3.5b | 11x | 15.3x | 1.3x |
| Thu, 07 Dec 2023 | UK£49.5b | UK£40.0b | UK£3.0b | 10.8x | 16.5x | 1.2x |
| Sat, 04 Nov 2023 | UK£47.6b | UK£39.8b | UK£3.1b | 10.2x | 15.4x | 1.2x |
| Mon, 02 Oct 2023 | UK£49.2b | UK£40.0b | UK£3.1b | 11.7x | 15.8x | 1.2x |
| Wed, 30 Aug 2023 | UK£51.2b | UK£39.0b | UK£3.1b | 11.1x | 16.7x | 1.3x |
| Fri, 28 Jul 2023 | UK£52.3b | UK£38.9b | UK£3.1b | 11x | 16.9x | 1.3x |
| Sun, 25 Jun 2023 | UK£50.9b | UK£39.0b | UK£3.2b | 10.8x | 15.9x | 1.3x |
15.9x
How does U.K. Trade Companies and Distributors compare with similar industries?
| GB Market | 2.43% | |
| Industrials | 3.71% | |
| Trade Distributors | 0.89% | |
| Trade Companies and Distributors | 0.89% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DPLM Diploma | UK£71.35 | 4.2% +UK£382.2m | 49.1% | PE50.5x | |
| HWDN Howden Joinery Group | UK£8.18 | 4.7% +UK£199.8m | -4.4% | PE16.5x | |
| GFTU Grafton Group | UK£8.93 | 5.5% +UK£87.4m | -8.8% | PE12.4x | |
| RS1 RS Group | UK£6.20 | 1.1% +UK£32.4m | 11.3% | PE17.7x | |
| TPK Travis Perkins | UK£5.51 | 1.5% +UK£16.9m | -9.4% | PS0.3x |