Reece Share Price and Company Fundamentals



Price
$24.025
Change
0.515 (2.191%)
52 week
9.86 - 24.28

Last traded: Today at 2:42 AM

Reece Limited supplies 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, and commercial markets. 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

60.06

PB ratio

5.76

Dividend yield

0.51%

Beta

0.32

Market cap

$15.52B

Enterprise value

$16.55B

Company profile

Primary activitiesPlumbing, building and hardware merchants.
Industry / SectorIndustrial Distribution / Industrials
Full time employees8000
Websitehttp://www.reecegroup.com.au
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

0.51%

Dividend amount

$0.12

Payout ratio

29.59%

5Y Avg. yield

1.77%

Reece paid $0.12 dividend and the ex-dividend date was 29 Mar 2021.The dividend payout ratio is 29.59%. 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 $0.12 and the forward dividend yield is 0.51%. 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 2021, following are the company executives and directors listed on Reece.

NameTitleAgeTotal Pay
Mr. Leslie Alan WilsonExec. Chairman791.36M
Mr. Peter J. WilsonCEO, MD & Exec. Director524.31M
Mr. Gavin William Street B.Bus, B.Comp, CPACEO of Australia & New Zealand511.05M
Mr. Andrew CowlishawGroup Chief Financial Officer
Chantelle DuffyCompany Sec.

Profitability and management effectiveness

Profit margin

4.04%

Operating margin

7.22%

Return on assets

4.92%

Return on equity

10.47%

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 15.52B and its enterprise value is 16.55B. The enterprise value to revenue ratio of REH is 2.70.

The REH's stocks Beta value is 0.32 making it 68% 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 $24.025.

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 http://www.reecegroup.com.au.

5. Which share registry manages Reece's stock?

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