Reece Share Price and Company Fundamentals



Price
$15.5
Change
-0.330 (-2.085%)
52 week
12.93 - 28.47

Last traded: Last Friday at 6:10 AM

Reece Limited engages in the distribution of plumbing, bathroom, heating, ventilation, air-conditioning, waterworks, and refrigeration products in Australia, the United States, and New Zealand. It serves customers in the trade, retail, commercial, and infrastructure markets. Reece Limited sells its products under the Reece, Viadux, Actrol, and Metaflex brands. The company was formerly known as Reece Australia Limited and changed its name to Reece Limited in November 2015. Reece Limited was founded in 1920 and is based in Burwood, Australia.

Key Metrics

PE ratio

31.44

PB ratio

3.29

Dividend yield

1.23%

Beta

0.61

Market cap

-

Enterprise value

-

Company profile

Primary activitiesPlumbing, building and hardware merchants.
Industry / SectorIndustrial Distribution / Industrials
Full time employees9000
Websitehttps://group.reece.com
Mailing address118 Burwood Highway Burwood VIC 3125 Australia
Phone / Fax61 3 9274 0000 / 61 3 9274 0197
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Reece Dividend history, yield and payout ratio

Dividend yield

1.23%

Dividend amount

$0.19

Payout ratio

36.51%

5Y Avg. yield

1.54%

Reece paid $0.19 dividend and the ex-dividend date was 28 Mar 2022.The dividend payout ratio is 36.51%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.REH dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

REH's forward dividend amount is $0.15 and the forward dividend yield is 0.95%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2022, following are the company executives and directors listed on Reece.

NameTitleAgeTotal Pay
Mr. Leslie Alan WilsonExec. Chairman801.48M
Mr. Peter J. WilsonCEO, MD & Exec. Director534.43M
Mr. Andrew CowlishawGroup Chief Financial Officer1.03M
Mr. Gavin William Street B.Bus, B.Comp, CPACEO of Australia & New Zealand521.13M
Ms. Chantelle DuffyCompany Sec.

Profitability and management effectiveness

Profit margin

4.70%

Operating margin

7.69%

Return on assets

5.50%

Return on equity

11.13%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Reece is and its enterprise value is .

The REH's stocks Beta value is 0.61 making it 39% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Reece (REH)

Reece (ASX:REH) Frequently Asked Questions

1. What is Reece's Stock Symbol?

Reece trades on ASX under the ticker symbol "REH".

2. What is Reece's stock price today?

One share of REH stock can currently be purchased for approximately $15.5.

3. How can I contact Reece?

Reece's mailing address is 118 Burwood Highway Burwood VIC 3125 Australia. The company can be reached via phone at 61 3 9274 0000.

4. What is Reece's official website?

The official website of Reece is https://group.reece.com.

5. Which share registry manages Reece's stock?

Reece's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.