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Reece Ltd
Buy, Hold or Sell?

Let's analyse Reece together

PenkeI guess you are interested in Reece Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Reece Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Reece (30 sec.)










What can you expect buying and holding a share of Reece? (30 sec.)

How much money do you get?

How much money do you get?
A$0.60
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
A$5.61
Expected worth in 1 year
A$7.50
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
A$2.81
Return On Investment
11.6%

For what price can you sell your share?

Current Price per Share
A$24.09
Expected price per share
A$21.33 - A$
How sure are you?
50%
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1. Valuation of Reece (5 min.)




Live pricePrice per Share (EOD)

A$24.09

Intrinsic Value Per Share

A$4.22 - A$10.93

Total Value Per Share

A$9.83 - A$16.54

2. Growth of Reece (5 min.)




Is Reece growing?

Current yearPrevious yearGrowGrow %
How rich?$2.3b$2.1b$199.7m8.4%

How much money is Reece making?

Current yearPrevious yearGrowGrow %
Making money$254.2m$257.4m-$3.2m-1.3%
Net Profit Margin4.4%5.1%--

How much money comes from the company's main activities?

3. Financial Health of Reece (5 min.)




4. Comparing to competitors in the Industrial Distribution industry (5 min.)




  Industry Rankings (Industrial Distribution)  


Richest
#10 / 96
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What can you expect buying and holding a share of Reece? (5 min.)

Welcome investor! Reece's management wants to use your money to grow the business. In return you get a share of Reece.

What can you expect buying and holding a share of Reece?

First you should know what it really means to hold a share of Reece. And how you can make/lose money.

Speculation

The Price per Share of Reece is A$24.09. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Reece.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Reece, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$5.61. Based on the TTM, the Book Value Change Per Share is A$0.47 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.67 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.23 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Reece.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.391.6%0.391.6%0.401.7%0.301.3%0.251.0%
Usd Book Value Change Per Share0.311.3%0.311.3%0.441.8%0.351.5%0.291.2%
Usd Dividend Per Share0.150.6%0.150.6%0.130.5%0.120.5%0.100.4%
Usd Total Gains Per Share0.461.9%0.461.9%0.572.4%0.472.0%0.391.6%
Usd Price Per Share12.18-12.18-9.04-9.83-15.19-
Price to Earnings Ratio30.95-30.95-22.68-32.83-74.72-
Price-to-Total Gains Ratio26.47-26.47-15.93-29.60-70.37-
Price to Book Ratio3.31-3.31-2.68-3.32-11.52-
Price-to-Total Gains Ratio26.47-26.47-15.93-29.60-70.37-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share15.80304
Number of shares63
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.150.12
Usd Book Value Change Per Share0.310.35
Usd Total Gains Per Share0.460.47
Gains per Quarter (63 shares)28.9929.73
Gains per Year (63 shares)115.96118.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
138781063089109
27615622259179228
311423433889268347
4152312454119357466
5190390570148446585
6228468686178536704
7266546802208625823
8304624918237714942
934270110342678041061
1038077911502968931180

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%35.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%34.01.00.097.1%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%33.00.02.094.3%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%34.01.00.097.1%
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Fundamentals of Reece

About Reece Ltd

Reece Limited engages in the distribution of plumbing, waterworks, bathroom, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, the United States, and New Zealand. It also distributes irrigation and pools, and kitchen products. The company serves customers in the trade, retail, commercial, and infrastructure 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 1919 and is based in Cremorne, Australia.

Fundamental data was last updated by Penke on 2024-02-19 21:24:08.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is underpriced.
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1.1. Profitability of Reece Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Reece earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Reece to the Industrial Distribution industry mean.
  • A Net Profit Margin of 4.4% means that $0.04 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Reece Ltd:

  • The MRQ is 4.4%. The company is making a profit. +1
  • The TTM is 4.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.4%TTM4.4%0.0%
TTM4.4%YOY5.1%-0.7%
TTM4.4%5Y4.4%0.0%
5Y4.4%10Y6.2%-1.8%
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ4.4%4.1%+0.3%
TTM4.4%3.4%+1.0%
YOY5.1%4.6%+0.5%
5Y4.4%3.3%+1.1%
10Y6.2%3.3%+2.9%
1.1.2. Return on Assets

Shows how efficient Reece is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Reece to the Industrial Distribution industry mean.
  • 5.6% Return on Assets means that Reece generated $0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Reece Ltd:

  • The MRQ is 5.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.6%0.0%
TTM5.6%YOY5.9%-0.3%
TTM5.6%5Y5.0%+0.6%
5Y5.0%10Y7.9%-3.0%
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6%1.5%+4.1%
TTM5.6%1.5%+4.1%
YOY5.9%1.7%+4.2%
5Y5.0%1.3%+3.7%
10Y7.9%1.2%+6.7%
1.1.3. Return on Equity

Shows how efficient Reece is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Reece to the Industrial Distribution industry mean.
  • 10.7% Return on Equity means Reece generated $0.11 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Reece Ltd:

  • The MRQ is 10.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.7%TTM10.7%0.0%
TTM10.7%YOY11.8%-1.1%
TTM10.7%5Y10.4%+0.2%
5Y10.4%10Y13.4%-2.9%
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ10.7%3.7%+7.0%
TTM10.7%3.6%+7.1%
YOY11.8%5.0%+6.8%
5Y10.4%3.4%+7.0%
10Y13.4%3.1%+10.3%
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1.2. Operating Efficiency of Reece Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Reece is operating .

  • Measures how much profit Reece makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Reece to the Industrial Distribution industry mean.
  • An Operating Margin of 7.3% means the company generated $0.07  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Reece Ltd:

  • The MRQ is 7.3%. The company is operating less efficient.
  • The TTM is 7.3%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ7.3%TTM7.3%0.0%
TTM7.3%YOY7.2%+0.1%
TTM7.3%5Y7.1%+0.2%
5Y7.1%10Y9.5%-2.4%
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ7.3%6.7%+0.6%
TTM7.3%4.6%+2.7%
YOY7.2%5.8%+1.4%
5Y7.1%4.9%+2.2%
10Y9.5%4.4%+5.1%
1.2.2. Operating Ratio

Measures how efficient Reece is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Industrial Distribution industry mean).
  • An Operation Ratio of 0.96 means that the operating costs are $0.96 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Reece Ltd:

  • The MRQ is 0.958. The company is less efficient in keeping operating costs low.
  • The TTM is 0.958. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.958TTM0.9580.000
TTM0.958YOY0.962-0.004
TTM0.9585Y0.941+0.017
5Y0.94110Y0.912+0.029
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9581.490-0.532
TTM0.9581.353-0.395
YOY0.9621.023-0.061
5Y0.9411.202-0.261
10Y0.9121.087-0.175
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1.3. Liquidity of Reece Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Reece is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Industrial Distribution industry mean).
  • A Current Ratio of 2.27 means the company has $2.27 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Reece Ltd:

  • The MRQ is 2.265. The company is able to pay all its short-term debts. +1
  • The TTM is 2.265. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.265TTM2.2650.000
TTM2.265YOY2.139+0.126
TTM2.2655Y2.394-0.129
5Y2.39410Y2.345+0.048
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2652.001+0.264
TTM2.2651.892+0.373
YOY2.1391.740+0.399
5Y2.3941.701+0.693
10Y2.3451.714+0.631
1.3.2. Quick Ratio

Measures if Reece is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Reece to the Industrial Distribution industry mean.
  • A Quick Ratio of 1.19 means the company can pay off $1.19 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Reece Ltd:

  • The MRQ is 1.186. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.186. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.186TTM1.1860.000
TTM1.186YOY1.072+0.114
TTM1.1865Y1.354-0.168
5Y1.35410Y1.312+0.042
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1860.771+0.415
TTM1.1860.756+0.430
YOY1.0720.762+0.310
5Y1.3540.870+0.484
10Y1.3120.857+0.455
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1.4. Solvency of Reece Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Reece assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Reece to Industrial Distribution industry mean.
  • A Debt to Asset Ratio of 0.48 means that Reece assets are financed with 47.6% credit (debt) and the remaining percentage (100% - 47.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Reece Ltd:

  • The MRQ is 0.476. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.476. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.476TTM0.4760.000
TTM0.476YOY0.497-0.021
TTM0.4765Y0.525-0.048
5Y0.52510Y0.424+0.101
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4760.550-0.074
TTM0.4760.554-0.078
YOY0.4970.560-0.063
5Y0.5250.556-0.031
10Y0.4240.547-0.123
1.4.2. Debt to Equity Ratio

Measures if Reece is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Reece to the Industrial Distribution industry mean.
  • A Debt to Equity ratio of 91.0% means that company has $0.91 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Reece Ltd:

  • The MRQ is 0.910. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.910. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.910TTM0.9100.000
TTM0.910YOY0.990-0.080
TTM0.9105Y1.114-0.204
5Y1.11410Y0.803+0.311
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9101.181-0.271
TTM0.9101.249-0.339
YOY0.9901.331-0.341
5Y1.1141.327-0.213
10Y0.8031.317-0.514
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2. Market Valuation of Reece Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Reece generates.

  • Above 15 is considered overpriced but always compare Reece to the Industrial Distribution industry mean.
  • A PE ratio of 30.95 means the investor is paying $30.95 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Reece Ltd:

  • The EOD is 40.148. Based on the earnings, the company is overpriced. -1
  • The MRQ is 30.949. Based on the earnings, the company is overpriced. -1
  • The TTM is 30.949. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD40.148MRQ30.949+9.200
MRQ30.949TTM30.9490.000
TTM30.949YOY22.680+8.269
TTM30.9495Y32.831-1.882
5Y32.83110Y74.720-41.890
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD40.14813.263+26.885
MRQ30.94912.866+18.083
TTM30.94911.986+18.963
YOY22.68013.312+9.368
5Y32.83115.579+17.252
10Y74.72019.014+55.706
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Reece Ltd:

  • The EOD is 26.425. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 20.370. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 20.370. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD26.425MRQ20.370+6.055
MRQ20.370TTM20.3700.000
TTM20.370YOY410.593-390.223
TTM20.3705Y107.947-87.577
5Y107.94710Y151.333-43.386
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD26.4257.921+18.504
MRQ20.3707.214+13.156
TTM20.3707.143+13.227
YOY410.5930.339+410.254
5Y107.9474.968+102.979
10Y151.3334.004+147.329
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Reece is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Industrial Distribution industry mean).
  • A PB ratio of 3.31 means the investor is paying $3.31 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Reece Ltd:

  • The EOD is 4.292. Based on the equity, the company is fair priced.
  • The MRQ is 3.309. Based on the equity, the company is fair priced.
  • The TTM is 3.309. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.292MRQ3.309+0.984
MRQ3.309TTM3.3090.000
TTM3.309YOY2.681+0.628
TTM3.3095Y3.319-0.010
5Y3.31910Y11.515-8.196
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD4.2921.333+2.959
MRQ3.3091.312+1.997
TTM3.3091.318+1.991
YOY2.6811.512+1.169
5Y3.3191.522+1.797
10Y11.5151.679+9.836
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Reece Ltd.

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4. Summary

4.1. Key Performance Indicators

The key performance indicators of Reece Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.4710.4710%0.670-30%0.540-13%0.443+7%
Book Value Per Share--5.6125.6120%5.141+9%4.513+24%3.159+78%
Current Ratio--2.2652.2650%2.139+6%2.394-5%2.345-3%
Debt To Asset Ratio--0.4760.4760%0.497-4%0.525-9%0.424+12%
Debt To Equity Ratio--0.9100.9100%0.990-8%1.114-18%0.803+13%
Dividend Per Share--0.2300.2300%0.195+18%0.179+28%0.152+52%
Eps--0.6000.6000%0.608-1%0.463+29%0.374+61%
Free Cash Flow Per Share--0.9120.9120%0.034+2616%0.474+92%0.317+188%
Free Cash Flow To Equity Per Share--0.4360.4360%-0.856+296%0.672-35%0.444-2%
Gross Profit Margin---3.761-3.7610%-3.056-19%-1.878-50%-0.439-88%
Intrinsic Value_10Y_max--10.929--------
Intrinsic Value_10Y_min--4.216--------
Intrinsic Value_1Y_max--0.609--------
Intrinsic Value_1Y_min--0.347--------
Intrinsic Value_3Y_max--2.200--------
Intrinsic Value_3Y_min--1.114--------
Intrinsic Value_5Y_max--4.239--------
Intrinsic Value_5Y_min--1.954--------
Market Cap15561754560.000+23%11995922880.00011995922880.0000%8901659520.000+35%9678132288.000+24%14955169124.160-20%
Net Profit Margin--0.0440.0440%0.051-14%0.044-1%0.062-30%
Operating Margin--0.0730.0730%0.072+2%0.071+2%0.095-23%
Operating Ratio--0.9580.9580%0.9620%0.941+2%0.912+5%
Pb Ratio4.292+23%3.3093.3090%2.681+23%3.3190%11.515-71%
Pe Ratio40.148+23%30.94930.9490%22.680+36%32.831-6%74.720-59%
Price Per Share24.090+23%18.57018.5700%13.780+35%14.982+24%23.151-20%
Price To Free Cash Flow Ratio26.425+23%20.37020.3700%410.593-95%107.947-81%151.333-87%
Price To Total Gains Ratio34.343+23%26.47326.4730%15.932+66%29.603-11%70.370-62%
Quick Ratio--1.1861.1860%1.072+11%1.354-12%1.312-10%
Return On Assets--0.0560.0560%0.059-6%0.050+12%0.079-30%
Return On Equity--0.1070.1070%0.118-10%0.104+2%0.134-20%
Total Gains Per Share--0.7010.7010%0.865-19%0.719-3%0.594+18%
Usd Book Value--2378278144.0002378278144.0000%2178490064.000+9%1912353881.600+24%1338844372.800+78%
Usd Book Value Change Per Share--0.3090.3090%0.439-30%0.354-13%0.290+7%
Usd Book Value Per Share--3.6823.6820%3.372+9%2.960+24%2.073+78%
Usd Dividend Per Share--0.1510.1510%0.128+18%0.118+28%0.100+52%
Usd Eps--0.3940.3940%0.399-1%0.304+29%0.245+61%
Usd Free Cash Flow--386321024.000386321024.0000%14222080.000+2616%200735606.400+92%134324593.600+188%
Usd Free Cash Flow Per Share--0.5980.5980%0.022+2616%0.311+92%0.208+188%
Usd Free Cash Flow To Equity Per Share--0.2860.2860%-0.562+296%0.441-35%0.292-2%
Usd Market Cap10208510991.360+23%7869325409.2807869325409.2800%5839488645.120+35%6348854780.928+24%9810590945.449-20%
Usd Price Per Share15.803+23%12.18212.1820%9.040+35%9.828+24%15.187-20%
Usd Profit--254270192.000254270192.0000%257471472.000-1%199907734.400+27%160122843.200+59%
Usd Revenue--5798759232.0005798759232.0000%5021054832.000+15%4492024288.000+29%2984355888.000+94%
Usd Total Gains Per Share--0.4600.4600%0.567-19%0.472-3%0.390+18%
 EOD+4 -4MRQTTM+0 -0YOY+22 -145Y+23 -1310Y+20 -16

4.2. Fundamental Score

Let's check the fundamental score of Reece Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1540.148
Price to Book Ratio (EOD)Between0-14.292
Net Profit Margin (MRQ)Greater than00.044
Operating Margin (MRQ)Greater than00.073
Quick Ratio (MRQ)Greater than11.186
Current Ratio (MRQ)Greater than12.265
Debt to Asset Ratio (MRQ)Less than10.476
Debt to Equity Ratio (MRQ)Less than10.910
Return on Equity (MRQ)Greater than0.150.107
Return on Assets (MRQ)Greater than0.050.056
Total7/10 (70.0%)

4.3. Technical Score

Let's check the technical score of Reece Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5071.836
Ma 20Greater thanMa 5022.919
Ma 50Greater thanMa 10022.312
Ma 100Greater thanMa 20020.474
OpenGreater thanClose24.000
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets6,924,286
Total Liabilities3,298,862
Total Stockholder Equity3,625,424
 As reported
Total Liabilities 3,298,862
Total Stockholder Equity+ 3,625,424
Total Assets = 6,924,286

Assets

Total Assets6,924,286
Total Current Assets3,219,059
Long-term Assets3,705,227
Total Current Assets
Cash And Cash Equivalents 372,706
Net Receivables 1,312,544
Inventory 1,504,892
Other Current Assets 28,917
Total Current Assets  (as reported)3,219,059
Total Current Assets  (calculated)3,219,059
+/-0
Long-term Assets
Property Plant Equipment 1,586,301
Goodwill 1,523,491
Long Term Investments 25,424
Intangible Assets 497,397
Other Assets 72,614
Long-term Assets  (as reported)3,705,227
Long-term Assets  (calculated)3,705,227
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities1,421,028
Long-term Liabilities1,877,834
Total Stockholder Equity3,625,424
Total Current Liabilities
Short-term Debt 131,360
Accounts payable 785,994
Other Current Liabilities 1,508
Total Current Liabilities  (as reported)1,421,028
Total Current Liabilities  (calculated)918,862
+/- 502,166
Long-term Liabilities
Long term Debt Total 1,830,407
Other Liabilities 47,427
Long-term Liabilities  (as reported)1,877,834
Long-term Liabilities  (calculated)1,877,834
+/-0
Total Stockholder Equity
Common Stock1,246,918
Retained Earnings 2,186,212
Accumulated Other Comprehensive Income 192,294
Total Stockholder Equity (as reported)3,625,424
Total Stockholder Equity (calculated)3,625,424
+/-0
Other
Capital Stock1,246,918
Cash And Equivalents372,350
Cash and Short Term Investments 372,706
Common Stock Shares Outstanding 645,721
Current Deferred Revenue502,166
Liabilities and Stockholders Equity 6,924,286
Net Debt 1,589,061
Net Invested Capital 4,722,914
Net Tangible Assets 1,604,536
Net Working Capital 1,798,031
Property Plant and Equipment Gross 1,679,414
Short Long Term Debt Total 1,961,767



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-301999-06-301998-06-301997-06-301996-06-301995-06-301994-06-301993-06-301992-06-301991-06-301990-06-301989-06-30
> Total Assets 
110,934
116,919
107,650
116,212
123,756
142,306
158,229
160,426
194,772
214,149
246,427
298,520
295,574
352,316
389,231
456,224
515,676
605,130
667,617
781,441
838,613
887,102
958,017
1,008,866
1,076,754
1,376,784
1,460,599
1,591,354
1,687,946
2,324,247
4,474,110
6,343,885
6,118,069
6,607,574
6,924,286
6,924,2866,607,5746,118,0696,343,8854,474,1102,324,2471,687,9461,591,3541,460,5991,376,7841,076,7541,008,866958,017887,102838,613781,441667,617605,130515,676456,224389,231352,316295,574298,520246,427214,149194,772160,426158,229142,306123,756116,212107,650116,919110,934
   > Total Current Assets 
71,701
72,586
64,013
73,448
80,769
92,124
100,994
101,286
133,879
152,236
178,772
218,944
206,365
255,198
276,337
324,504
363,790
411,198
437,412
488,803
516,456
556,625
592,924
609,630
626,218
682,132
756,720
858,230
919,780
1,490,667
1,960,951
2,903,846
3,012,149
3,123,116
3,219,059
3,219,0593,123,1163,012,1492,903,8461,960,9511,490,667919,780858,230756,720682,132626,218609,630592,924556,625516,456488,803437,412411,198363,790324,504276,337255,198206,365218,944178,772152,236133,879101,286100,99492,12480,76973,44864,01372,58671,701
       Cash And Cash Equivalents 
33
3,092
4,036
15,598
19,338
20,110
15,051
20,053
20,996
11,527
23,819
46,470
34,885
43,678
45,072
45,710
45,976
53,665
23,648
38,505
54,546
122,631
134,186
166,758
156,232
73,762
85,021
105,123
101,805
539,891
127,707
1,004,708
828,966
220,483
372,706
372,706220,483828,9661,004,708127,707539,891101,805105,12385,02173,762156,232166,758134,186122,63154,54638,50523,64853,66545,97645,71045,07243,67834,88546,47023,81911,52720,99620,05315,05120,11019,33815,5984,0363,09233
       Short-term Investments 
0
0
0
0
0
0
0
0
0
18,034
18,340
306
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000030618,34018,034000000000
       Net Receivables 
35,030
30,260
25,825
25,672
30,597
37,523
46,992
45,143
65,716
71,395
77,758
104,111
89,509
116,563
124,085
145,825
174,724
191,323
215,908
231,224
242,699
231,833
246,257
230,248
245,377
282,715
306,274
347,207
360,912
410,212
864,850
915,748
1,025,219
1,344,461
1,312,544
1,312,5441,344,4611,025,219915,748864,850410,212360,912347,207306,274282,715245,377230,248246,257231,833242,699231,224215,908191,323174,724145,825124,085116,56389,509104,11177,75871,39565,71645,14346,99237,52330,59725,67225,82530,26035,030
       Inventory 
36,638
39,234
34,152
32,178
30,834
34,491
38,951
36,091
47,167
51,280
58,855
68,057
81,971
94,957
107,180
132,969
143,090
166,210
197,856
219,074
219,211
202,161
212,481
212,624
224,609
325,655
365,425
405,900
457,063
540,564
955,711
967,510
1,138,117
1,528,411
1,504,892
1,504,8921,528,4111,138,117967,510955,711540,564457,063405,900365,425325,655224,609212,624212,481202,161219,211219,074197,856166,210143,090132,969107,18094,95781,97168,05758,85551,28047,16736,09138,95134,49130,83432,17834,15239,23436,638
   > Long-term Assets 
39,233
44,333
43,637
42,764
42,987
50,182
57,235
59,140
60,893
61,913
67,655
79,576
89,209
97,118
112,894
131,720
151,886
193,932
230,205
292,638
322,157
330,477
365,093
399,236
450,536
694,652
703,879
733,124
768,166
833,580
2,513,159
3,440,039
3,105,920
3,484,458
3,705,227
3,705,2273,484,4583,105,9203,440,0392,513,159833,580768,166733,124703,879694,652450,536399,236365,093330,477322,157292,638230,205193,932151,886131,720112,89497,11889,20979,57667,65561,91360,89359,14057,23550,18242,98742,76443,63744,33339,233
       Property Plant Equipment 
35,181
39,547
39,021
38,296
39,134
46,256
53,165
55,224
55,657
56,613
61,892
73,320
83,226
90,465
105,770
123,708
142,896
176,734
211,312
271,142
302,397
308,046
341,012
374,198
423,779
452,138
462,427
500,035
528,908
568,714
664,009
1,345,340
1,257,151
1,492,920
1,586,301
1,586,3011,492,9201,257,1511,345,340664,009568,714528,908500,035462,427452,138423,779374,198341,012308,046302,397271,142211,312176,734142,896123,708105,77090,46583,22673,32061,89256,61355,65755,22453,16546,25639,13438,29639,02139,54735,181
       Goodwill 
1,662
1,575
1,487
1,400
1,312
1,225
1,238
1,130
1,765
1,229
1,181
778
612
603
437
0
0
2,879
3,177
2,779
0
0
0
0
3,367
162,543
162,543
152,092
155,369
175,941
1,350,581
1,475,711
1,362,238
1,477,243
1,523,491
1,523,4911,477,2431,362,2381,475,7111,350,581175,941155,369152,092162,543162,5433,36700002,7793,1772,879004376036127781,1811,2291,7651,1301,2381,2251,3121,4001,4871,5751,662
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37,721
0
14,468
21,326
25,424
25,42421,32614,468037,721000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
1,765
1,229
1,181
778
612
603
7
3
0
2,879
3,177
2,779
0
0
0
0
3,367
49,300
49,300
49,300
49,800
49,800
421,585
495,231
418,392
429,097
497,397
497,397429,097418,392495,231421,58549,80049,80049,30049,30049,3003,36700002,7793,1772,8790376036127781,1811,2291,76500000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
5,478
5,371
6,050
6,680
8,009
8,990
14,319
15,716
18,717
19,760
22,431
24,081
25,038
23,390
30,671
29,609
31,697
34,089
39,125
39,263
49,808
53,671
63,872
72,614
72,61463,87253,67149,80839,26339,12534,08931,69729,60930,67123,39025,03824,08122,43119,76018,71715,71614,3198,9908,0096,6806,0505,3715,47800000000000
> Total Liabilities 
53,338
47,977
32,413
35,618
37,236
47,503
54,345
48,791
75,194
84,269
100,070
138,274
118,462
149,676
147,321
175,197
190,206
229,127
234,748
290,444
305,358
292,231
303,700
301,919
310,922
549,816
534,387
550,328
529,645
443,409
2,482,530
3,593,999
3,229,960
3,286,705
3,298,862
3,298,8623,286,7053,229,9603,593,9992,482,530443,409529,645550,328534,387549,816310,922301,919303,700292,231305,358290,444234,748229,127190,206175,197147,321149,676118,462138,274100,07084,26975,19448,79154,34547,50337,23635,61832,41347,97753,338
   > Total Current Liabilities 
52,734
47,245
31,547
34,729
36,275
46,397
52,413
46,527
71,886
80,589
96,152
133,839
111,457
143,835
140,243
167,559
181,699
216,525
219,865
279,549
298,701
285,088
296,836
294,916
304,708
369,299
374,761
420,006
424,698
437,194
793,192
1,075,454
1,258,827
1,460,061
1,421,028
1,421,0281,460,0611,258,8271,075,454793,192437,194424,698420,006374,761369,299304,708294,916296,836285,088298,701279,549219,865216,525181,699167,559140,243143,835111,457133,83996,15280,58971,88646,52752,41346,39736,27534,72931,54747,24552,734
       Short-term Debt 
0
0
0
0
0
0
0
0
0
18,034
18,340
306
0
0
0
0
0
0
0
31,767
47,790
8,960
8,302
9,018
8,889
29,777
20,116
20,000
100,000
0
16,256
99,949
112,377
118,644
131,360
131,360118,644112,37799,94916,2560100,00020,00020,11629,7778,8899,0188,3028,96047,79031,767000000030618,34018,034000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
204,777
175,116
20,000
100,000
0
16,256
18,013
16,443
0
0
0016,44318,01316,2560100,00020,000175,116204,7770000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
102,182
93,122
115,841
122,633
142,586
155,367
184,264
185,646
207,161
212,129
221,506
229,251
229,898
236,850
281,992
296,712
317,325
353,942
369,557
526,056
591,932
688,327
853,972
785,994
785,994853,972688,327591,932526,056369,557353,942317,325296,712281,992236,850229,898229,251221,506212,129207,161185,646184,264155,367142,586122,633115,84193,122102,18200000000000
       Other Current Liabilities 
20,995
24,332
12,279
12,272
9,181
15,652
13,073
11,969
13,200
2,321
4,966
31,351
18,335
27,994
17,610
24,973
26,332
32,261
34,219
40,621
38,782
54,622
59,283
56,000
58,969
57,530
57,933
82,681
70,756
67,637
250,880
45,433
41,474
1,451
1,508
1,5081,45141,47445,433250,88067,63770,75682,68157,93357,53058,96956,00059,28354,62238,78240,62134,21932,26126,33224,97317,61027,99418,33531,3514,9662,32113,20011,96913,07315,6529,18112,27212,27924,33220,995
   > Long-term Liabilities 
604
732
866
889
961
1,106
1,932
2,264
3,308
3,680
3,918
4,435
7,005
5,841
7,078
7,638
8,507
12,602
14,883
10,895
6,657
7,143
6,864
7,003
6,214
180,517
159,626
130,322
104,947
6,215
1,689,338
2,518,545
1,971,133
1,826,644
1,877,834
1,877,8341,826,6441,971,1332,518,5451,689,3386,215104,947130,322159,626180,5176,2147,0036,8647,1436,65710,89514,88312,6028,5077,6387,0785,8417,0054,4353,9183,6803,3082,2641,9321,106961889866732604
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
155,000
125,000
100,000
0
1,593,041
2,380,951
1,893,494
1,784,284
1,830,407
1,830,4071,784,2841,893,4942,380,9511,593,0410100,000125,000155,00000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
4,435
7,005
5,841
7,078
7,638
8,507
9,394
9,668
10,895
6,657
7,143
6,864
7,003
6,214
5,517
4,626
5,322
4,947
6,215
78,120
111,276
67,827
42,360
47,427
47,42742,36067,827111,27678,1206,2154,9475,3224,6265,5176,2147,0036,8647,1436,65710,8959,6689,3948,5077,6387,0785,8417,0054,43500000000000
> Total Stockholder Equity
57,596
68,942
75,237
80,594
86,520
94,803
103,884
111,635
119,578
129,880
146,357
160,246
177,112
202,640
241,910
281,027
325,470
376,003
432,869
490,997
533,255
594,871
654,317
706,947
765,832
826,968
926,212
1,041,026
1,158,301
1,880,838
1,991,580
2,749,886
2,888,109
3,320,869
3,625,424
3,625,4243,320,8692,888,1092,749,8861,991,5801,880,8381,158,3011,041,026926,212826,968765,832706,947654,317594,871533,255490,997432,869376,003325,470281,027241,910202,640177,112160,246146,357129,880119,578111,635103,88494,80386,52080,59475,23768,94257,596
   Common Stock
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
9,960
604,349
604,849
1,246,918
1,246,918
1,246,918
1,246,918
1,246,9181,246,9181,246,9181,246,918604,849604,3499,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,9609,960
   Retained Earnings 
46,772
58,118
64,414
69,771
75,691
83,974
93,056
100,430
108,351
118,584
135,061
148,543
165,409
190,937
229,442
268,064
312,507
363,156
419,837
478,624
520,576
582,049
641,896
694,420
752,795
813,072
912,892
1,026,426
1,144,593
1,268,617
1,357,151
1,472,584
1,680,661
1,947,182
2,186,212
2,186,2121,947,1821,680,6611,472,5841,357,1511,268,6171,144,5931,026,426912,892813,072752,795694,420641,896582,049520,576478,624419,837363,156312,507268,064229,442190,937165,409148,543135,061118,584108,351100,43093,05683,97475,69169,77164,41458,11846,772
   Capital Surplus 00000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000
   Other Stockholders Equity 
864
864
863
863
13,103
15,711
18,608
21,525
24,869
29,393
32,931
49,118
55,372
61,739
0
0
0
0
0
0
0
0
0
0
0
0
357
1,637
3,697
7,821
29,529
-2,719,553
-2,927,630
-3,194,151
-3,433,181
-3,433,181-3,194,151-2,927,630-2,719,55329,5297,8213,6971,63735700000000000061,73955,37249,11832,93129,39324,86921,52518,60815,71113,103863863864864



Balance Sheet

Currency in AUD. All numbers in thousands.