Reece Limited (REH) - Research

$10.3200.15 (1.47%)
Prices as at 16:40, 23 Apr 2019

REH Current Share Price+

Current Price $10.320
Open $10.250
High $10.450
Low $10.250
Last Close $10.170
Volume 48135
Price Movement $0.15 ( 1.47% )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

REH General Information

Reece Limited
REH
http://www.reecegroup.com.au
Trading Companies & Distributors
5,787
561
Reece Limited
(REH)
BUY
below
HOLD
up to
SELL
above
Current Price
$10.320 as at 16:40, 23 Apr 2019
Price at review
$10.320 on 06 Mar 19
Max Portfolio Weighting
Business Risk
Share Price Risk

REH Related Research

REH Company Overview

Business Description

Reece Limited (REH, formerly Reece Australia Limited) is a supplier of plumbing, bathroom, heating, ventilation, air-conditioning and refrigeration products with operations in Australia and New Zealand. REH's activities include importing, wholesaling, distribution, marketing and retailing. Reece supplies customers in the trade, retail, professional and commercial markets.

REH Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 224.62 44.60 6.10% 21.70 20.30 2.10% 100.0%
2017 A 211.79 42.10 4.30% 19.80 19.80 2.40% 100.0%
2016 A 203.12 40.30 22.70% 16.90 18.20 2.70% 100.0%

REH Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
Emeco Holdings (EHL) $622M 0.0000 0.0000 0.0000 22.3837 0.0000 0.0000 0.00% 0.00% 0.00%
Reece (REH) $5,647M 0.0611 0.0000 0.0000 22.5633 0.0000 0.0000 2.01% 0.00% 0.00%
Seven Group (SVW) $6,125M 1.2576 0.1115 0.0334 15.1795 13.6567 13.2147 2.33% 2.49% 2.71%

REH Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 22.80 3.03 0.00
Market 0.93 16.70 1.52 1.50
Sector 0.72 15.70 1.54 0.85

REH Directors

Name Position Start Date
Mr Peter John Wilson Executive Director, Chief Executive Officer, Managing Director 13 Feb 1997
Mr Leslie Alan Wilson Executive Director, Executive Chairman 29 Jun 1969
Mr Timothy Michael Poole Non-Executive Director 28 Jul 2016
Ms Georgina Williams Non-Executive Director 1 Sep 2017
Ms Megan Louise Quinn Non-Executive Director 1 Sep 2017
Mr Bruce C Wilson Non-Executive Director 9 Sep 2016
Mr Andrew William Wilson Non-Executive Director 1 Sep 2018

REH Management

Name Position
S Nikolic Chief Financial Officer
Gavin W Street Chief Financial Officer,Company Secretary
A Palumbo Chief Marketing & Supply Officer

REH Substantial Shareholders

Holding Name
352,145,364 (62.79%) John Gay Wilson
348,182,564 (62.08%) Leslie Alan Wilson
334,691,138 (59.68%) Bruce Walter Campbell Wilson
313,050,000 (55.82%) Wilaust Holdings Pty Ltd
97,800,366 (17.44%) Two Hills Holdings Pty Ltd and each of its parties
38,576,507 (6.88%) Perpetual Trustees Australia

REH Calendar of Events

Date Event
27 February 2020 Report (Interim)
30 August 2019 Report (Annual)
30 August 2019 Report (Prelim)

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