Temple & Webster Group Ltd

ASX:TPW Stock Report

Market Cap: AU$591.1m

Temple & Webster Group Past Earnings Performance

Past criteria checks 4/6

Temple & Webster Group's earnings have been declining at an average annual rate of -19.6%, while the Specialty Retail industry saw earnings declining at 5% annually. Revenues have been growing at an average rate of 14.7% per year. Temple & Webster Group's return on equity is 5.9%, and it has net margins of 1.2%.

Key information

-19.55%

Earnings growth rate

-19.65%

EPS growth rate

Specialty Retail Industry Growth19.75%
Revenue growth rate14.75%
Return on equity5.87%
Net Margin1.22%
Last Earnings Update31 Dec 2025

Recent past performance 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...

Revenue & Expenses Breakdown

How Temple & Webster Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:TPW Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2566381730
30 Sep 25632101680
30 Jun 25601111630
31 Mar 2557991580
31 Dec 2455871530
30 Sep 2452841450
30 Jun 2449821370
31 Mar 2447051270
31 Dec 2344291180
30 Sep 2341981090
30 Jun 2339681000
31 Mar 233978850
31 Dec 223989700
30 Sep 2241210890
30 Jun 22426121070
31 Mar 22413111300
31 Dec 2140091520
30 Sep 21363121360
30 Jun 21326141200
31 Mar 21295191070
31 Dec 2026423930
30 Sep 2022019800
30 Jun 2017614660
31 Mar 201519580
31 Dec 191264500
30 Sep 191144450
30 Jun 191024410
31 Mar 19954380
31 Dec 18884350
30 Sep 18802330
30 Jun 18730300
31 Mar 1869-2290
31 Dec 1765-3280
30 Sep 1765-6300
30 Jun 1764-8310
31 Mar 1764-20350
31 Dec 1664-31390
30 Sep 1657-37370
30 Jun 1651-44350
31 Mar 1642-32280
31 Dec 1533-21210
30 Sep 1530-14170
30 Jun 1526-7140

Quality Earnings: TPW has high quality earnings.

Growing Profit Margin: TPW's current net profit margins (1.2%) are higher than last year (1.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TPW's earnings have declined by 19.6% per year over the past 5 years.

Accelerating Growth: TPW's earnings growth over the past year (21.7%) exceeds its 5-year average (-19.6% per year).

Earnings vs Industry: TPW earnings growth over the past year (21.7%) exceeded the Specialty Retail industry 2.5%.


Return on Equity

High ROE: TPW's Return on Equity (5.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 06:53
End of Day Share Price 2026/05/22 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