Reece Limited engages in the distribution of plumbing, waterworks, and HVAC-R, heating, ventilation, air conditioning, and refrigeration products. The company provides for professional tradespeople and retail customers.
Business Strategy
The compan…
Analysis
Hope premium
Reece Limited carries what we call a hope premium: an average business trading at an ambitious price.
The price is expensive. You pay 57.6× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 20% yearly growth; analysts expect 7%. The market is pricing in far more than analysts expect: heroic expectations.
The trajectory is tepid and the balance sheet is stretched. The company scores 8/20 on our value-creation score: creating some value.
Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202322
17
2023202420252026
All-time high
22
Jan 2023
All-time low
1
Jan 2025
Average rank
12
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
52
28
27
19
Price/Earnings
13
5
1
3
Price/Book
26
22
15
12
Dividend Yield
53
8
8
11
Value (overall)
16
3
3
5
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.