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Reece LimitedASX:REH Stock Report

Market Cap AU$6.7b
Share Price
AU$10.36
My Fair Value
AU$12
12.3% undervalued intrinsic discount
1Y-60.8%
7D-5.0%
Portfolio Value
View

Reece Limited

ASX:REH Stock Report

Market Cap: AU$6.7b

Reece (REH) Stock Overview

Engages in the distribution of plumbing, waterworks, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, New Zealand, and the United States. More details

REH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Rewards

Risk Analysis

No risks detected for REH from our risk checks.

REH Community Fair Values

Create Narrative

See what 20 others think this stock is worth. Follow their fair value or set your own to get alerts.

AU$12.50
FV
17.1% undervalued intrinsic discount
3.24%
Revenue growth p.a.
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19 days ago author updated this narrative

Reece Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Reece
Historical stock prices
Current Share PriceAU$10.36
52 Week HighAU$29.38
52 Week LowAU$10.32
Beta0.89
1 Month Change-20.86%
3 Month Change-35.85%
1 Year Change-60.80%
3 Year Change-29.57%
5 Year Change-16.11%
Change since IPO3,692.09%

Recent News & Updates

Recent updates

What Is Reece Limited's (ASX:REH) Share Price Doing?

Aug 10
What Is Reece Limited's (ASX:REH) Share Price Doing?

An Intrinsic Calculation For Reece Limited (ASX:REH) Suggests It's 25% Undervalued

Jul 27
An Intrinsic Calculation For Reece Limited (ASX:REH) Suggests It's 25% Undervalued

Reece Limited's (ASX:REH) Popularity With Investors Is Under Threat From Overpricing

Jun 17
Reece Limited's (ASX:REH) Popularity With Investors Is Under Threat From Overpricing

The Returns At Reece (ASX:REH) Aren't Growing

May 12
The Returns At Reece (ASX:REH) Aren't Growing

Is Reece Limited (ASX:REH) Potentially Undervalued?

Apr 28
Is Reece Limited (ASX:REH) Potentially Undervalued?

Reece Limited (ASX:REH) Shares Could Be 41% Below Their Intrinsic Value Estimate

Apr 12
Reece Limited (ASX:REH) Shares Could Be 41% Below Their Intrinsic Value Estimate

Reece Limited's (ASX:REH) 27% Share Price Plunge Could Signal Some Risk

Mar 05
Reece Limited's (ASX:REH) 27% Share Price Plunge Could Signal Some Risk
User avatar

Expanding Networks And Digital Investments Will Boost Operational Excellence Amid Market Challenges

Expansion and network enhancement in the U.S. and ANZ, including new distribution centers, are expected to drive sales and streamline operations.

Do Reece's (ASX:REH) Earnings Warrant Your Attention?

Jan 31
Do Reece's (ASX:REH) Earnings Warrant Your Attention?

Subdued Growth No Barrier To Reece Limited's (ASX:REH) Price

Jan 19
Subdued Growth No Barrier To Reece Limited's (ASX:REH) Price

What Does Reece Limited's (ASX:REH) Share Price Indicate?

Jan 07
What Does Reece Limited's (ASX:REH) Share Price Indicate?

These 4 Measures Indicate That Reece (ASX:REH) Is Using Debt Reasonably Well

Dec 18
These 4 Measures Indicate That Reece (ASX:REH) Is Using Debt Reasonably Well

Returns At Reece (ASX:REH) Appear To Be Weighed Down

Nov 22
Returns At Reece (ASX:REH) Appear To Be Weighed Down

Is Reece Limited (ASX:REH) Expensive For A Reason? A Look At Its Intrinsic Value

Nov 11
Is Reece Limited (ASX:REH) Expensive For A Reason? A Look At Its Intrinsic Value

Some Confidence Is Lacking In Reece Limited's (ASX:REH) P/E

Oct 19
Some Confidence Is Lacking In Reece Limited's (ASX:REH) P/E

Here's Why We Think Reece (ASX:REH) Is Well Worth Watching

Sep 25
Here's Why We Think Reece (ASX:REH) Is Well Worth Watching

Is Reece (ASX:REH) A Risky Investment?

Sep 01
Is Reece (ASX:REH) A Risky Investment?

Reece (ASX:REH) Is Experiencing Growth In Returns On Capital

Aug 15
Reece (ASX:REH) Is Experiencing Growth In Returns On Capital

Why Reece Limited (ASX:REH) Could Be Worth Watching

Jul 17
Why Reece Limited (ASX:REH) Could Be Worth Watching

Earnings Not Telling The Story For Reece Limited (ASX:REH)

Jul 04
Earnings Not Telling The Story For Reece Limited (ASX:REH)

Reece Limited's (ASX:REH) Intrinsic Value Is Potentially 26% Below Its Share Price

Jun 19
Reece Limited's (ASX:REH) Intrinsic Value Is Potentially 26% Below Its Share Price

Reece (ASX:REH) Is Doing The Right Things To Multiply Its Share Price

May 08
Reece (ASX:REH) Is Doing The Right Things To Multiply Its Share Price

Is Reece (ASX:REH) A Risky Investment?

Apr 11
Is Reece (ASX:REH) A Risky Investment?

Is Now An Opportune Moment To Examine Reece Limited (ASX:REH)?

Mar 27
Is Now An Opportune Moment To Examine Reece Limited (ASX:REH)?

There's Reason For Concern Over Reece Limited's (ASX:REH) Massive 27% Price Jump

Feb 27
There's Reason For Concern Over Reece Limited's (ASX:REH) Massive 27% Price Jump

Are Reece Limited (ASX:REH) Investors Paying Above The Intrinsic Value?

Feb 17
Are Reece Limited (ASX:REH) Investors Paying Above The Intrinsic Value?

Reece Limited's (ASX:REH) Price Is Out Of Tune With Earnings

Dec 28
Reece Limited's (ASX:REH) Price Is Out Of Tune With Earnings

There Are Reasons To Feel Uneasy About Reece's (ASX:REH) Returns On Capital

Dec 12
There Are Reasons To Feel Uneasy About Reece's (ASX:REH) Returns On Capital

Reece (ASX:REH) Seems To Use Debt Quite Sensibly

Nov 18
Reece (ASX:REH) Seems To Use Debt Quite Sensibly

A Look At The Fair Value Of Reece Limited (ASX:REH)

Oct 18
A Look At The Fair Value Of Reece Limited (ASX:REH)

Investors Could Be Concerned With Reece's (ASX:REH) Returns On Capital

Sep 10
Investors Could Be Concerned With Reece's (ASX:REH) Returns On Capital

Do Reece's (ASX:REH) Earnings Warrant Your Attention?

Jun 27
Do Reece's (ASX:REH) Earnings Warrant Your Attention?

Reece (ASX:REH) Seems To Use Debt Quite Sensibly

Apr 14
Reece (ASX:REH) Seems To Use Debt Quite Sensibly

Is Now The Time To Put Reece (ASX:REH) On Your Watchlist?

Mar 27
Is Now The Time To Put Reece (ASX:REH) On Your Watchlist?

Here's Why We Think Reece (ASX:REH) Might Deserve Your Attention Today

Dec 24
Here's Why We Think Reece (ASX:REH) Might Deserve Your Attention Today

We Think Reece (ASX:REH) Can Stay On Top Of Its Debt

Oct 30
We Think Reece (ASX:REH) Can Stay On Top Of Its Debt

Reece (ASX:REH) Will Pay A Larger Dividend Than Last Year At A$0.15

Sep 30
Reece (ASX:REH) Will Pay A Larger Dividend Than Last Year At A$0.15

Here's Why We Think Reece (ASX:REH) Might Deserve Your Attention Today

Sep 17
Here's Why We Think Reece (ASX:REH) Might Deserve Your Attention Today

Reece (ASX:REH) Is Paying Out A Larger Dividend Than Last Year

Sep 01
Reece (ASX:REH) Is Paying Out A Larger Dividend Than Last Year

Calculating The Intrinsic Value Of Reece Limited (ASX:REH)

Aug 21
Calculating The Intrinsic Value Of Reece Limited (ASX:REH)

Shareholder Returns

REHAU Trade DistributorsAU Market
7D-5.0%-2.9%-2.3%
1Y-60.8%-20.0%10.0%

Return vs Industry: REH underperformed the Australian Trade Distributors industry which returned -19.8% over the past year.

Return vs Market: REH underperformed the Australian Market which returned 9.7% over the past year.

Price Volatility

Is REH's price volatile compared to industry and market?
REH volatility
REH Average Weekly Movement8.5%
Trade Distributors Industry Average Movement6.3%
Market Average Movement9.0%
10% most volatile stocks in AU Market19.2%
10% least volatile stocks in AU Market3.5%

Stable Share Price: REH has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: REH's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19199,001Peter Wilsonwww.reece.com.au

Reece Limited engages in the distribution of plumbing, waterworks, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, New Zealand, and the United States. The company also offers irrigation and pools, and fire products. Its products include tapware and accessories; vanities and mirrors; showers; toilets; basins; baths and spas; pipe and fittings; sinks and troughs; hot water systems; bathroom and kitchen appliances; heating and cooling; irrigation and pools; pumps and water filtration systems; tools; and valves.

Reece Limited Fundamentals Summary

How do Reece's earnings and revenue compare to its market cap?
REH fundamental statistics
Market capAU$6.69b
Earnings (TTM)AU$316.94m
Revenue (TTM)AU$8.98b
21.1x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REH income statement (TTM)
RevenueAU$8.98b
Cost of RevenueAU$6.42b
Gross ProfitAU$2.56b
Other ExpensesAU$2.24b
EarningsAU$316.94m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.49
Gross Margin28.49%
Net Profit Margin3.53%
Debt/Equity Ratio21.4%

How did REH perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
37%
Payout Ratio

Does REH pay a reliable dividends?

See REH dividend history and benchmarks
When do you need to buy REH by to receive an upcoming dividend?
Reece dividend dates
Ex Dividend DateOct 07 2025
Dividend Pay DateOct 22 2025
Days until Ex dividend33 days
Days until Dividend pay date48 days

Does REH pay a reliable dividends?

See REH dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/03 05:14
End of Day Share Price 2025/09/03 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Reece Limited is covered by 20 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Brook Campbell-CrawfordBarrenjoey Markets Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited