Analysts lift Reece stock fair value from AUD 18.00 to AUD 20.80

Published on 10/19/2026 at 02:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The AUD 0.134 dividend pays on October 21, 2026. Market value for Reece stock stood at AUD 10.7 billion on October 15, 2026.

Analyst valuation and corporate dates

Simply Wall St reported a fair value increase from AUD 18.00 to AUD 20.80 on September 21, 2026.
Fiscal year 2026 revenue reached AUD 9.38 billion, while net income was AUD 308.2 million.
Reece had a market capitalization of AUD 10.7 billion as of October 15, 2026.

Reece, AU000000REH4, Illustration mit AI erstellt.

Reece (AU000000REH4) moved into a new valuation debate after analysts lifted fair value from AUD 18.00 to AUD 20.80 on September 21, 2026, according to Simply Wall St. The update put greater weight on revenue growth, profit margins and a higher future earnings multiple.

Fair value moves higher

The valuation change followed Reece Limited's fiscal year 2026 results, which showed revenue of AUD 9.38 billion and net income of AUD 308.2 million. Revenue increased 4.5 percent from fiscal year 2025, while net income declined 2.8 percent, according to Simply Wall St.

The same fiscal year brought a profit margin of 3.3 percent, down from 3.5 percent in fiscal year 2025. For investors, the higher fair value therefore rests on expected growth and execution rather than on a stronger reported margin.

What changes for margins?

Reece operates across plumbing, waterworks, heating, ventilation, air-conditioning and refrigeration distribution in Australia, New Zealand and the United States. The company says its network supports trade customers and essential-services supply chains through local operations and a global footprint, as described on its Reece website.

Three dated developments

On August 24, 2026, Reece reported fiscal year 2026 revenue of AUD 9.38 billion. On August 25, 2026, the average analyst target rose to AUD 16.36 from AUD 15.22, according to Simply Wall St. On September 21, 2026, the modeled fair value moved from AUD 18.00 to AUD 20.80.

Next corporate dates

Reece is scheduled to pay an ordinary fully franked dividend of AUD 0.134 per security on October 21, 2026. Its annual general meeting is scheduled for October 30, 2026, according to The Motley Fool Australia.

Valuation and market context

Reece had a market capitalization of AUD 10.7 billion as of October 15, 2026. The latest structured market quote put the stock at AUD 17.41 on October 19, 2026 at 11:10 a.m. AEDT on the ASX, while the modeled fair value of AUD 20.80 remains a separate valuation estimate rather than a trading price.