The upcoming August 2024 reporting season will draw the line under a difficult year for Australian retailers in which they navigated soft demand and soaring labor costs. The combination results in a profit margin crunch and declining earnings for many retailers.
The Bunnings is the undisputed leader in Australian home improvement retailing. Based on its market position, Bunnings could start giving up some volume growth and improve profitability by increasing prices.
Wesfarmers' retailing businesses are pro-cyclical and the near-term outlook for the Australian economy and consumer spending is mixed at best.
|
Metric
|
WES
|
MTS
|
SUL
|
|---|---|---|---|
Price/Earnings (Normalized) | 29.05 | 11.90 | 12.04 |
Price/Book Value | 8.81 | 2.62 | 2.30 |
Price/Sales | 1.70 | 0.23 | 0.81 |
Price/Cash Flow | 14.50 | 7.55 | 4.42 |
|
Metric
|
WES
|
MTS
|
SUL
|
|---|---|---|---|
Quick Ratio | 0.32 | 0.63 | 0.35 |
Current Ratio | 1.08 | 1.08 | 1.17 |
Interest Coverage | 10.20 | 5.54 | 8.07 |
|
Metric
|
WES
|
MTS
|
SUL
|
|---|---|---|---|
Return on Assets (Normalized) | 9.48% | 5.23% | 8.22% |
Return on Equity (Normalized) | 31.13% | 26.49% | 19.70% |
Return on Invested Capital (Normalized) | 14.36% | 13.34% | 12.32% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| The Home Depot Inc
HD
| Lztyblydz | Lsllt | $331.8 Bil | |||
| Lowe's Companies Inc
LOW
| Lmvxmsrmx | Xyqx | $121.9 Bil | |||
| Wesfarmers Ltd ADR
WFAFY
| — | Vbtbp | $49.9 Bil | |||
| Wesfarmers Ltd
WFAFF
| — | Trgn | $49.9 Bil | |||
| Floor & Decor Holdings Inc Class A
FND
| — | Fzffntp | $10.0 Bil | |||
| Kingfisher PLC
KGFHF
| — | Tcqd | $6.0 Bil | |||
| Kingfisher PLC ADR
KGFHY
| Wxmsjvhr | Zxfbw | $6.0 Bil | |||
| Home Product Center PCL Shs Foreign registered
HPCRF
| — | Rxshz | $3.3 Bil | |||
| Arhaus Inc Class A
ARHS
| — | Wcpy | $2.2 Bil | |||
| Fiskars Oyj
FKRAF
| — | Bcsf | $1.4 Bil |
