Narrative Update • Jun 06

In the last week, Trade Distributors has been flat. The past year has been better, since the industry has gained 9.0% in that time. Looking forward, earnings are forecast to grow by 13% annually.
Has the U.K. Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 12 Jun 2026 | UK£28.9b | UK£31.9b | UK£926.4m | 15.2x | 31.2x | 0.9x |
| Sun, 10 May 2026 | UK£28.6b | UK£31.7b | UK£932.7m | 15.7x | 30.7x | 0.9x |
| Tue, 07 Apr 2026 | UK£27.1b | UK£31.8b | UK£932.2m | 15.8x | 29.1x | 0.9x |
| Thu, 05 Mar 2026 | UK£27.1b | UK£31.6b | UK£1.0b | 15.3x | 25.9x | 0.9x |
| Sat, 31 Jan 2026 | UK£45.8b | UK£39.4b | UK£2.1b | 14.7x | 21.8x | 1.2x |
| Mon, 29 Dec 2025 | UK£47.9b | UK£39.6b | UK£2.2b | 13.9x | 22.1x | 1.2x |
| Wed, 26 Nov 2025 | UK£46.2b | UK£39.8b | UK£2.2b | 14.3x | 20.5x | 1.2x |
| Fri, 24 Oct 2025 | UK£50.2b | UK£39.6b | UK£2.2b | 15x | 22.7x | 1.3x |
| Sun, 21 Sep 2025 | UK£49.4b | UK£39.6b | UK£2.3b | 14.9x | 21.2x | 1.2x |
| Tue, 19 Aug 2025 | UK£49.9b | UK£39.3b | UK£2.4b | 14.5x | 21.2x | 1.3x |
| Thu, 17 Jul 2025 | UK£46.4b | UK£39.4b | UK£2.4b | 13.9x | 19.6x | 1.2x |
| Sat, 14 Jun 2025 | UK£45.0b | UK£39.4b | UK£2.4b | 13.8x | 19x | 1.1x |
| Mon, 12 May 2025 | UK£43.7b | UK£39.5b | UK£2.3b | 13.1x | 18.6x | 1.1x |
| Wed, 09 Apr 2025 | UK£42.2b | UK£39.8b | UK£2.4b | 13.4x | 17.5x | 1.1x |
| Fri, 07 Mar 2025 | UK£47.9b | UK£39.9b | UK£2.4b | 13.9x | 19.8x | 1.2x |
| Sun, 02 Feb 2025 | UK£53.7b | UK£40.2b | UK£2.5b | 14x | 21.8x | 1.3x |
| Tue, 31 Dec 2024 | UK£51.4b | UK£40.2b | UK£2.5b | 13.2x | 20.5x | 1.3x |
| Thu, 28 Nov 2024 | UK£58.8b | UK£39.4b | UK£2.5b | 12.5x | 23.5x | 1.5x |
| Sat, 26 Oct 2024 | UK£57.4b | UK£39.1b | UK£2.5b | 14.1x | 23.2x | 1.5x |
| Mon, 23 Sep 2024 | UK£58.1b | UK£38.9b | UK£2.4b | 16.2x | 24x | 1.5x |
| Wed, 21 Aug 2024 | UK£54.3b | UK£39.3b | UK£2.5b | 16.1x | 21.3x | 1.4x |
| Fri, 19 Jul 2024 | UK£56.9b | UK£39.9b | UK£3.0b | 14x | 18.9x | 1.4x |
| Sun, 16 Jun 2024 | UK£54.5b | UK£40.0b | UK£3.1b | 13x | 17.8x | 1.4x |
| Tue, 14 May 2024 | UK£58.5b | UK£40.1b | UK£3.2b | 13.2x | 18.4x | 1.5x |
| Thu, 11 Apr 2024 | UK£55.7b | UK£40.1b | UK£3.2b | 13.4x | 17.5x | 1.4x |
| Sat, 09 Mar 2024 | UK£52.6b | UK£39.8b | UK£3.2b | 13.4x | 16.7x | 1.3x |
| Mon, 05 Feb 2024 | UK£54.4b | UK£40.5b | UK£3.5b | 11.3x | 15.7x | 1.3x |
| Wed, 03 Jan 2024 | UK£54.3b | UK£40.5b | UK£3.5b | 11.2x | 15.6x | 1.3x |
| Fri, 01 Dec 2023 | UK£48.5b | UK£39.7b | UK£3.0b | 10.8x | 16.1x | 1.2x |
| Sun, 29 Oct 2023 | UK£46.0b | UK£40.0b | UK£3.1b | 10.1x | 14.8x | 1.1x |
| Tue, 26 Sep 2023 | UK£49.1b | UK£39.9b | UK£3.1b | 11.8x | 15.7x | 1.2x |
| Thu, 24 Aug 2023 | UK£49.8b | UK£39.0b | UK£3.1b | 11.1x | 16.3x | 1.3x |
| Sat, 22 Jul 2023 | UK£51.7b | UK£38.9b | UK£3.1b | 10.7x | 16.9x | 1.3x |
| Mon, 19 Jun 2023 | UK£52.3b | UK£38.9b | UK£3.2b | 10.8x | 16.3x | 1.3x |
16.3x
Which industries have driven the changes within the U.K. Industrials industry?
| GB Market | -0.78% | |
| Industrials | -1.46% | |
| Trade Distributors | -0.32% | |
| Trade Companies and Distributors | -0.32% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BNZL Bunzl | UK£25.38 | 2.8% +UK£218.3m | 11.1% | PE17.7x | |
| HWDN Howden Joinery Group | UK£8.00 | 2.6% +UK£108.0m | -8.3% | PE16.1x | |
| GFTU Grafton Group | UK£8.75 | 5.8% +UK£91.2m | -13.3% | PE12.1x | |
| TPK Travis Perkins | UK£5.60 | 3.1% +UK£36.0m | -9.6% | PS0.3x | |
| VP. Vp | UK£4.90 | 8.2% +UK£14.6m | -21.0% | PS0.5x |