Obermatt

Supply Network

ASX:SNL · AU000000SNL5
DistributorsSmall

360

69
EV / EBIT10
Price / Owner Earnings5
Owner Earnings Yield38
Dividend Yield85
Price/Sales27
EV / Gross Profit4
Price/Book15
Return on Capital95
Cash Return on Capital94
Return on Equity96
EBIT Margin89
Gross Profitability77
Cash Conversion9
Accruals9
Owner Earnings Margin90
Sales growth51
Profit Growth51
Long-Term EPS Growth28
Owner Earnings Growth43
Reinvestment41
Price momentum22
Debt load56
Refinancing47
Debt Payback81
Liquidity86
Analyst ratings34
Opinion Changes50
Price Target Upside16
Market mood75
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Supply Network generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryAustralia
IndustryDistributors
SizeSmall
TypePublic Company
ExchangeASX
Founded1986
ISINAU000000SNL5
Last UpdateApr 2, 2026
Themes
TransportationWholesale

Description

Supply Network Limited provides aftermarket parts for the commercial vehicle market in Australia and New Zealand. Business Segments The company operates predominantly in one core business segment, providing aftermarket parts for the commercial vehi…

Analysis

Hope premium

Supply Network Limited is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 35.8×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
56
2026

All-time high

83

Mar 2026

All-time low

56

Jun 2026

Average rank

70

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
27
Price/Earnings
28
Price/Book
15
Dividend Yield
85
Value (overall)
28

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →