Reece's fiscal 2026 constant-currency sales of AUD 9.4 billion were 7% higher than the prior year. But 10% higher group costs, driven by digital and technology spending and employee costs and incentives, underpinned flat EBITDA of AUD 901 million. Shares lifted 2% on Aug. 24.
Demand for new houses and aging housing stock in Reece’s key geographies supports demand for plumbing products.
Reece’s US acquisition strategy has eroded group ROIC. For further acquisitions, a variety of factors may destroy shareholder value, such as unfavorable deal terms, integration issues, and relative underperformance.
|
Metric
|
REH
|
JHX
|
FBU
|
|---|---|---|---|
Price/Earnings (Normalized) | 32.95 | 21.16 | 27.60 |
Price/Book Value | 2.73 | 2.21 | 0.96 |
Price/Sales | 1.10 | 2.65 | 0.64 |
Price/Cash Flow | 16.03 | 17.30 | 5.34 |
|
Metric
|
REH
|
JHX
|
FBU
|
|---|---|---|---|
Quick Ratio | 1.00 | 0.71 | 0.58 |
Current Ratio | 1.98 | 1.59 | 1.42 |
Interest Coverage | 4.34 | 2.08 | 2.13 |
|
Metric
|
REH
|
JHX
|
FBU
|
|---|---|---|---|
Return on Assets (Normalized) | 4.14% | 3.36% | 2.94% |
Return on Equity (Normalized) | 8.07% | 7.43% | 6.07% |
Return on Invested Capital (Normalized) | 6.57% | 6.39% | 3.50% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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United States