Temple & Webster Group Ltd

ASX:TPW Stock Report

Market Cap: AU$614.6m

Temple & Webster Group Management

Management criteria checks 3/4

Temple & Webster Group's CEO is Mark Coulter, appointed in Jan 2011, has a tenure of 15.33 years. total yearly compensation is A$3.99M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth A$1.27M. The average tenure of the management team and the board of directors is 3.5 years and 5.9 years respectively.

Key information

Mark Coulter

Chief executive officer

AU$4.0m

Total compensation

CEO salary percentage11.79%
CEO tenure15.3yrs
CEO ownership0.2%
Management average tenure3.5yrs
Board average tenure5.9yrs

Recent management updates

Recent updates

Narrative Update May 19

TPW: Reset Assumptions Will Support Premium Multiple Over Time

Analysts have reset their fair value estimate for Temple & Webster Group from A$21.23 to A$13.00, reflecting updated assumptions for revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value: Reset from A$21.23 to A$13.00, a sizeable downward revision to the estimated intrinsic value per share.
Narrative Update May 04

TPW: Citi Upgrade And Cautious Assumptions May Support Future Upside Potential

Analysts have reduced their fair value estimate for Temple & Webster Group to A$7.30 from A$8.00, citing updated assumptions about discount rates, revenue growth, profit margins and future P/E multiples following recent research coverage, including a Citi upgrade. Analyst Commentary Recent research, including the latest fair value adjustment to A$7.30, highlights that analysts are taking a more measured view of Temple & Webster Group despite positive headlines around coverage updates.
Narrative Update Apr 19

TPW: Rebased Profit Outlook May Support Upside From Cautious New Fair Value

Analysts have reduced their fair value estimate for Temple & Webster Group from A$17.70 to A$8.00. This revision reflects updated assumptions for the discount rate, revenue growth, profit margin and future P/E following recent research, including the latest upgrade and supporting rationale from the Street.
Narrative Update Apr 05

TPW: Higher Margin Confidence Will Support Premium Multiple Over Time

Analysts have raised their A$ price target on Temple & Webster Group to A$21.23, reflecting slightly higher assumptions for revenue growth, profit margins, a modest adjustment to the discount rate, and a refined forward P/E of about 64x. Analyst Commentary Recent research points to a more constructive stance on Temple & Webster Group, with bullish analysts refining their assumptions on growth, profitability, and risk to support higher valuation levels.
Narrative Update Mar 21

TPW: Reset Multiples And Margin Discipline Will Support Constructive Rerating Path

Analysts have reduced their price target for Temple & Webster Group to about A$21.23 from roughly A$26.23 as updated assumptions for revenue growth, profit margins and future P/E multiples are incorporated into their models. Analyst Commentary Recent research points to a cluster of bullish analysts who remain constructive on Temple & Webster Group despite the lower consensus price target.
Narrative Update Mar 07

TPW: Clearer Earnings Path Will Support Constructive Rerating Case

Narrative update Analysts now see Temple & Webster as fairly valued around A$26.23 per share. This reflects small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions following recent research that supported a more constructive view on the business.
Narrative Update Feb 21

TPW: Citi Upgrade And Earnings Quality Will Support Strong Upside Potential

Analysts have adjusted their fair value estimate for Temple & Webster Group from A$29.93 to A$26.23, reflecting updated assumptions on revenue growth, profit margins and future P/E expectations following recent Street research. Analyst Commentary Bullish analysts have taken the recent fair value reset to A$26.23 as an opportunity to refine their positive thesis on Temple & Webster Group, focusing on how execution and earnings quality might support that valuation over time.
Analysis Article Feb 12

The Price Is Right For Temple & Webster Group Ltd (ASX:TPW) Even After Diving 40%

To the annoyance of some shareholders, Temple & Webster Group Ltd ( ASX:TPW ) shares are down a considerable 40% in the...
Narrative Update Feb 07

TPW: Slightly Softer Assumptions Will Still Support Strong Future Upside Potential

Analysts have nudged their price target for Temple & Webster Group slightly lower to about A$29.93 from roughly A$30.41, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E multiples. Valuation Changes Fair Value: Adjusted slightly lower from A$30.41 to about A$29.93 per share.
Analysis Article Jan 27

Estimating The Fair Value Of Temple & Webster Group Ltd (ASX:TPW)

Key Insights The projected fair value for Temple & Webster Group is AU$13.87 based on 2 Stage Free Cash Flow to Equity...
Narrative Update Jan 23

TPW: Steady Fair Value And Assumptions Will Support Strong Future Upside Potential

Analysts have held their price target for Temple & Webster Group steady at A$30.41. Small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions underpin the unchanged view.
Narrative Update Jan 09

TPW: Steady Fair Value And Assumptions Will Support Strong Future Upside Potential

Analysts have maintained their A$30.41 price target for Temple & Webster Group, with the unchanged fair value reflecting slightly adjusted assumptions around the discount rate, revenue growth, profit margins and future P/E. Together, these factors support a broadly steady outlook for the shares.
Narrative Update Dec 25

TPW: Higher Required Return Will Still Support Strong Future Upside Potential

Analysts have trimmed their price target for Temple and Webster Group from A$34.32 to A$30.41. This reflects more conservative assumptions for revenue growth, profit margins and valuation multiples.
Narrative Update Dec 11

TPW: Private Label Moat Will Support Future E-Commerce Market Share Gains

Analysts made a modest downward revision to their price target for Temple & Webster Group to A$27.65, reflecting a slightly higher discount rate and marginally softer long term growth assumptions, while still highlighting the company's expanding e commerce penetration and differentiated private label offering as key drivers of value. Analyst Commentary Bullish analysts emphasize that the reiterated Buy rating and A$27.65 price target signal continued confidence in Temple and Webster Group’s ability to execute on its growth strategy, even with slightly more conservative long term assumptions.
Narrative Update Nov 27

TPW: Private Label Approach Will Build Competitive E-Commerce Moat

The analyst price target for Temple & Webster Group has been revised downward from $27.39 to $21.41. Analysts have moderated their outlook due to revised growth and margin assumptions, while still highlighting the company's differentiated private label strategy as a key strength.
Analysis Article Nov 22

Temple & Webster Group Ltd's (ASX:TPW) P/S Still Appears To Be Reasonable

When close to half the companies in the Specialty Retail industry in Australia have price-to-sales ratios (or "P/S...
Narrative Update Aug 15

Focus On Private-Label Products And AI Will Transform The Future Of Home Improvement Retail

Analysts have slightly raised their price target for Temple & Webster Group to A$23.76, reflecting moderate optimism despite trimmed earnings expectations and lingering concerns about investors paying up for uncertain long-term growth. Analyst Commentary Despite a solid trading update, earnings expectations were reduced to align with the mid-point of FY26 guidance.
Analysis Article Jul 10

Here's What To Make Of Temple & Webster Group's (ASX:TPW) Decelerating Rates Of Return

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article May 07

Temple & Webster Group Ltd's (ASX:TPW) 31% Jump Shows Its Popularity With Investors

The Temple & Webster Group Ltd ( ASX:TPW ) share price has done very well over the last month, posting an excellent...
Analysis Article Mar 03

Temple & Webster Group Ltd (ASX:TPW) Shares Could Be 24% Above Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Temple & Webster Group fair value estimate is AU$13.95 Temple...
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New Narrative Feb 22

Focus On Private-Label Products And AI Will Transform The Future Of Home Improvement Retail

Aggressive expansion in home improvement and AI integration are expected to boost future revenue growth and improve net margins.
Analysis Article Feb 15

Temple & Webster Group Ltd (ASX:TPW) Looks Just Right With A 40% Price Jump

Despite an already strong run, Temple & Webster Group Ltd ( ASX:TPW ) shares have been powering on, with a gain of 40...
Analysis Article Oct 01

Is Temple & Webster Group Ltd (ASX:TPW) Expensive For A Reason? A Look At Its Intrinsic Value

Key Insights The projected fair value for Temple & Webster Group is AU$10.03 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Sep 11

Is Now The Time To Look At Buying Temple & Webster Group Ltd (ASX:TPW)?

While Temple & Webster Group Ltd ( ASX:TPW ) might not have the largest market cap around , it led the ASX gainers with...
Analysis Article Aug 17

Why Investors Shouldn't Be Surprised By Temple & Webster Group Ltd's (ASX:TPW) 27% Share Price Surge

Temple & Webster Group Ltd ( ASX:TPW ) shareholders would be excited to see that the share price has had a great month...
Analysis Article May 25

Shareholders Should Be Pleased With Temple & Webster Group Ltd's (ASX:TPW) Price

Temple & Webster Group Ltd's ( ASX:TPW ) price-to-sales (or "P/S") ratio of 2.6x may not look like an appealing...
Analysis Article May 07

There's Been No Shortage Of Growth Recently For Temple & Webster Group's (ASX:TPW) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Feb 14

Temple & Webster Group Ltd's (ASX:TPW) P/S Is Still On The Mark Following 29% Share Price Bounce

Temple & Webster Group Ltd ( ASX:TPW ) shares have continued their recent momentum with a 29% gain in the last month...
Analysis Article Feb 10

At AU$5.19, Is It Time To Put Temple & Webster Group Ltd (ASX:TPW) On Your Watch List?

Temple & Webster Group Ltd ( ASX:TPW ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Dec 07

Temple & Webster Group (ASX:TPW) Is Looking To Continue Growing Its Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article Oct 31

Is Now The Time To Look At Buying Temple & Webster Group Ltd (ASX:TPW)?

While Temple & Webster Group Ltd ( ASX:TPW ) might not be the most widely known stock at the moment, it saw a...
Analysis Article Oct 09

Is Temple & Webster Group Ltd (ASX:TPW) Trading At A 33% Discount?

Does the October share price for Temple & Webster Group Ltd ( ASX:TPW ) reflect what it's really worth? Today, we will...
Analysis Article Aug 16

Temple & Webster Group (ASX:TPW) Is Experiencing Growth In Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

CEO Compensation Analysis

How has Mark Coulter's remuneration changed compared to Temple & Webster Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

AU$8m

Sep 30 2025n/an/a

AU$10m

Jun 30 2025AU$4mAU$471k

AU$11m

Mar 31 2025n/an/a

AU$9m

Dec 31 2024n/an/a

AU$7m

Sep 30 2024n/an/a

AU$4m

Jun 30 2024AU$4mAU$473k

AU$2m

Mar 31 2024n/an/a

AU$5m

Dec 31 2023n/an/a

AU$9m

Sep 30 2023n/an/a

AU$8m

Jun 30 2023AU$3mAU$466k

AU$8m

Mar 31 2023n/an/a

AU$8m

Dec 31 2022n/an/a

AU$9m

Sep 30 2022n/an/a

AU$10m

Jun 30 2022AU$828kAU$371k

AU$12m

Mar 31 2022n/an/a

AU$11m

Dec 31 2021n/an/a

AU$9m

Sep 30 2021n/an/a

AU$12m

Jun 30 2021AU$845kAU$373k

AU$14m

Mar 31 2021n/an/a

AU$19m

Dec 31 2020n/an/a

AU$23m

Sep 30 2020n/an/a

AU$19m

Jun 30 2020AU$802kAU$367k

AU$14m

Mar 31 2020n/an/a

AU$9m

Dec 31 2019n/an/a

AU$4m

Sep 30 2019n/an/a

AU$4m

Jun 30 2019AU$831kAU$324k

AU$4m

Compensation vs Market: Mark's total compensation ($USD2.85M) is above average for companies of similar size in the Australian market ($USD829.01K).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


CEO

Mark Coulter

15.3yrs
Tenure
AU$3,990,602
Compensation

Mr. Mark Coulter is a Co-Founder of Temple & Webster Group Ltd. and has been its Chief Executive Officer since October 24, 2016 and its Managing Director since 2019 and served as its Customer Experience Of...


Leadership Team

NamePositionTenureCompensationOwnership
Mark Coulter
Co-Founder15.3yrsAU$3.99m0.21%
A$ 1.3m
Conrad Yiu
Co-Founder & Deputy Chair10.6yrsAU$162.75k1.12%
A$ 6.9m
Adam McWhinney
Co-Founderno dataAU$731.46k0.43%
A$ 2.7m
Cameron Barnsley
Chief Financial Officer1.7yrsAU$817.48kno data
Tim Charlton
Chief Operating Officer2.8yrsno datano data
Michael Henriques
Chief Information Officer7.8yrsno datano data
Leigh Bignell
Chief Marketing & Brand Officerless than a yearno datano data
Christie McGuinness
Chief of Staff2.3yrsno datano data
Kate Perkins
Chief Merchandise Officer5.6yrsno datano data
Tomas Trindade
Chief Strategy Officer2.3yrsno datano data
Lisa Jones
Company Secretary4.2yrsno datano data
3.5yrs
Average Tenure

Experienced Management: TPW's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Coulter
Co-Founder6.6yrsAU$3.99m0.21%
A$ 1.3m
Conrad Yiu
Co-Founder & Deputy Chair10.6yrsAU$162.75k1.12%
A$ 6.9m
Stephen Heath
Independent Non-Executive Chairperson10.2yrsAU$226.11k0.015%
A$ 93.8k
Michael Malone
Independent Non-Executive Directorless than a yearno data0.0048%
A$ 29.3k
Melinda Snowden
Independent Non-Executive Director2.9yrsAU$154.97k0.0013%
A$ 7.9k
Belinda Rowe
Independent Non-Executive Director5.3yrsAU$155.65k0.017%
A$ 101.6k
5.9yrs
Average Tenure
56.5yo
Average Age

Experienced Board: TPW's board of directors are considered experienced (5.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/28 08:36
End of Day Share Price 2026/05/28 00:00
Earnings2025/12/31
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

Temple & Webster Group Ltd is covered by 26 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Forres SalekianBarrenjoey Markets Pty Limited
Aryan NoroziBarrenjoey Markets Pty Limited
Sam HaddadBell Potter