
July 2026
![]() | Reece is an Australian distributor of plumbing supplies and bathroom products, with businesses in Australia, New Zealand, and the United States. Reece Australia holds Australia’s largest range of individual plumbing stock-keeping units, supporting plumbing needs for general plumbing, bathrooms, kitchens, heating and air conditioning, irrigation, refrigeration, pools, commercial and government projects, and fire services.In the Australia and New Zealand markets, Reece’s trade, customers are mostly small to medium plumbing businesses working in the areas of residential repairs, renovations, or new home builds.The US business principally serves plumbers working on commercial and residential construction projects and has a network of almost 300 stores in the southern Sunbelt states. | $11 | +12% | $6.7B | $8.2B | 1.3x | 13.6x | ||
![]() | Reliance manufactures behind-the-wall plumbing products, which include fittings, pipes, valves, fluid dispensers, pipe systems, and appliance connectors. Its main segment is the US, which comprises about two-thirds of our midcycle EBITDA estimates. Other segments include EMEA and the Asia-Pacific, which contribute about 15% and 20%, respectively, of our midcycle EBITDA estimates. The firm is best known for its push-to-connect products, including the brands SharkBite in the US and John Guest in the United Kingdom. Reliance’s primary target segment is the do-it-yourself market. Smaller sales segments include residential and commercial construction, and hot water system manufacturers, which use some Reliance products in manufacturing. | $3 | -17% | $1.9B | $2.3B | 1.8x | 8.4x | ||
![]() | Acrow Ltd operates in the Australian construction services industry. It is a provider of smart integrated construction systems across formwork and scaffolding solutions to residential, commercial, civil, and industrial customers. Its business activities are building construction market, providing falsework, formwork, scaffolding, screens, and related material for hire and sales. | $1 | -20% | $214M | $346M | 2.0x | 6.6x | ||
![]() | Fleetwood Ltd is a modular construction company. The company works with government departments, owners, architects, and engineers to design and build custom modular buildings predominantly for the affordable housing, education, custodial, and mining industries. The operating business segments are RV Solutions, Building Solutions, and Community Solutions. It generates maximum revenue from the Building Solutions segment. Geographically, the company operates in Australia and New Zealand, with maximum revenue from Australia. | $1 | -29% | $120M | $119M | 0.3x | 3.2x | ||
![]() | Baumart Holdings Ltd is engaged in sourcing, procurement and supply chain services, supply and distribution of industrial products, and other managed services. The company is organized into two operating segments: Building Materials Supply and Source & Procurement Supply. The Building Materials Supply division is focused on the supply of building products and materials procured from local and offshore suppliers to both the residential and commercial property construction markets. The Sourcing and Procurement division is focused on providing specialized procurement solutions to a broad range of sectors. The majority of the revenue is derived from the Sourcing and Procurement division. | $0 | +18% | $1M | $2M | 78.2x | (3.2x) | ||
| Median | $1 | -17% | $214M | $346M | 1.8x | 6.6x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.