ASX:SNLRetail Distributors
Supply Network (ASX:SNL) Shares Face A Premium Valuation After Solid FY 2026 Growth
Supply Network walked into this result with the stock up over 16% in three months and trading on a rich 32.4x P/E. That is premium territory for a distributor, and it sets a high bar for sentiment.
The earnings headline is clear. Revenue for FY 2026 reached about A$403.7m and net income from continuing operations came in at roughly A$47.6m, with net profit margins around 11.8%. The market now has to decide if that combination of solid growth and only modest margin improvement justifies paying...