Temple & Webster Group Ltd (AU:TPW)
ASX:TPW
Want to see AU:TPW full AI Analyst Report?
Top Page
Temple & Webster Group Ltd
(Sydney:TPW)
Select Model
Select Model
Rating:55Neutral
Price Target:
AU$6.00
▼(-9.91% Downside)
Action:Reiterated
Date:05/13/26
The score is held up by solid financial performance, particularly revenue growth, low leverage, and strong free cash flow generation. However, the overall rating is pressured by weak technical momentum (below major moving averages with negative MACD) and a demanding valuation (high P/E with no dividend yield provided).
Positive Factors
Free Cash Flow Strength
Sustained free cash flow growth and near-1 FCF-to-net-income ratio indicate the business reliably converts earnings into cash. Over a 2–6 month horizon this supports reinvestment in marketing, logistics or product assortment without needing external financing, strengthening operational resilience.
Negative Factors
Thin Net Profitability
Persistently low net margins limit retained earnings and make the business sensitive to cost inflation or margin pressure. Over a 2–6 month horizon, small adverse swings in input, logistics or marketing efficiency could materially compress net income and constrain investment capacity.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Strength
Sustained free cash flow growth and near-1 FCF-to-net-income ratio indicate the business reliably converts earnings into cash. Over a 2–6 month horizon this supports reinvestment in marketing, logistics or product assortment without needing external financing, strengthening operational resilience.
Read all positive factors
Temple & Webster Group Ltd (TPW) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$660.82M
Dividend YieldN/A
Average Volume (3M)314.30K
Price to Earnings (P/E)85.0
Beta (1Y)1.93
Revenue Growth18.85%
EPS Growth20.89%
CountryAU
Employees209
SectorConsumer Cyclical
Sector Strength84
IndustrySpecialty Retail
Share Statistics
EPS (TTM)0.07
Shares Outstanding116,546,730
10 Day Avg. Volume473,374
30 Day Avg. Volume314,295
Financial Highlights & Ratios
PEG Ratio0.42
Price to Book (P/B)18.04
Price to Sales (P/S)4.45
P/FCF Ratio58.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$8.32Price Target Upside24.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)0.07
Revenue Forecast (FY)AU$669.41M
Temple & Webster Group Ltd Business Overview & Revenue Model
Company Description
Temple & Webster Group Ltd is an Australian online retailer specializing in furniture, homewares, and products for home improvement. The company offers a vast selection of approximately 200,000 items through its dedicated Temple & Webster online p...
How the Company Makes Money
TPW makes money primarily by selling furniture and homewares online to end customers. Revenue is generated from product sales on its e-commerce platform, where the company earns a margin between the price customers pay and TPW’s cost of acquiring ...
Temple & Webster Group Ltd Earnings Call Summary
Earnings Call Date:Feb 12, 2024
(Q2-2024)
| % Change Since: |
Next Earnings Date:Aug 17, 2026
Earnings Call Sentiment Positive
The earnings call reflects a strong performance with record revenue growth and strategic initiatives driving customer engagement and financial strength. While there are challenges such as a decline in average order value and increased marketing costs, the overall financial and operational indicators are positive.Positive Updates
Record Half-Year Revenue Growth
Temple & Webster delivered a record half with revenue up 23% to $254 million, driven by growth in both first-time and repeat customers.
Negative Updates
Decline in Average Order Value
The average order value declined as customers sought more value in a tough economic environment.
Read all updates
Q2-2024 Updates
Positive
Negative
Record Half-Year Revenue Growth
Temple & Webster delivered a record half with revenue up 23% to $254 million, driven by growth in both first-time and repeat customers.
Read all positive updates
Company Guidance
During the Temple & Webster earnings call for the first half of fiscal year 2024, several key metrics and guidance were highlighted. The company reported a record revenue increase of 23% to $254 million, with a significant 40% growth in the second quarter, primarily driven by strong sales during Black Friday and Cyber Monday. The EBITDA for the first half was $7.5 million, marking a year-on-year increase. Temple & Webster also achieved a milestone of crossing 1 million active customers. Marketing return on investment was in line with expectations, despite increased brand investment. The company continues to focus on its strategic goals, aiming for $1 billion in sales over the next 3 to 5 years while maintaining profitability. The B2B division grew by 23%, contributing 9% to group revenue, and the Home Improvement division achieved $14 million in revenue with an 18% growth rate. They plan to increase their brand investment and optimize their marketing mix using AI and data-driven strategies to further enhance customer experience and operational efficiency.Temple & Webster Group Ltd Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
80
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 662.87M | 600.72M | 497.84M | 395.51M | 426.33M | 326.34M |
| Gross Profit | 176.63M | 198.12M | 166.06M | 83.61M | 151.13M | 119.67M |
| EBITDA | 14.09M | 11.36M | 13.88M | 15.50M | 16.15M | 20.50M |
| Net Income | 8.08M | 11.30M | 1.79M | 8.30M | 11.97M | 13.95M |
Balance Sheet | ||||||
| Total Assets | 289.67M | 277.51M | 206.48M | 190.78M | 170.34M | 148.35M |
| Cash, Cash Equivalents and Short-Term Investments | 160.60M | 144.35M | 116.35M | 105.14M | 101.01M | 98.45M |
| Total Debt | 63.90M | 23.72M | 22.32M | 25.03M | 5.10M | 7.06M |
| Total Liabilities | 152.07M | 129.43M | 99.96M | 83.05M | 67.43M | 64.34M |
| Stockholders Equity | 137.60M | 148.08M | 106.52M | 107.73M | 102.91M | 84.00M |
Cash Flow | ||||||
| Free Cash Flow | 39.76M | 45.55M | 24.21M | 19.22M | 7.60M | 23.03M |
| Operating Cash Flow | 42.17M | 45.95M | 24.27M | 22.00M | 13.39M | 24.51M |
| Investing Cash Flow | -4.41M | -1.21M | -2.98M | -3.38M | -7.91M | -2.45M |
| Financing Cash Flow | -16.46M | -7.54M | -15.80M | -14.49M | -1.97M | 37.36M |
Temple & Webster Group Ltd Technical Analysis
Positive
6.66
Price Trends
5.60
Positive
6.96
Negative
13.00
Negative
Market Momentum
0.03
Negative
57.00
Neutral
78.02
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TPW, the sentiment is Positive. The current price of 6.66 is above the 20-day moving average (MA) of 5.21, above the 50-day MA of 5.60, and below the 200-day MA of 13.00, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 57.00 is Neutral, neither overbought nor oversold. The STOCH value of 78.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TPW.
Temple & Webster Group Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | AU$46.08M | 9.53 | 13.53% | 9.03% | 4.03% | -14.92% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | AU$418.82M | -10.42 | -69.14% | 4.00% | 4.41% | -2505.17% | |
61 Neutral | AU$1.41B | 19.99 | 25.20% | 2.63% | 4.23% | -0.64% | |
61 Neutral | AU$251.85M | 12.95 | 8.37% | 5.85% | 5.66% | -42.42% | |
60 Neutral | AU$394.47M | 13.71 | 15.11% | 2.86% | 1.86% | -5.28% | |
55 Neutral | AU$660.82M | 84.98 | 5.66% | ― | 18.85% | 20.89% |
* Consumer Cyclical Sector Average
AU:TPW
Temple & Webster Group Ltd
5.66
-15.21
-72.88%
AU:KGN
Kogan.com
4.38
0.85
24.04%
AU:NCK
Nick Scali Limited
16.27
-1.42
-8.04%
AU:ADH
Adairs Ltd.
1.37
-0.59
-29.96%
AU:DSK
Dusk Group Ltd.
0.75
<0.01
0.94%
AU:BLX
Beacon Lighting Group Ltd
1.76
-1.68
-48.81%
Temple & Webster Group Ltd Corporate Events
Temple & Webster Cancels 3.7 Million Shares After On-Market Buy-Back
Jun 19, 2026
Temple Webster Group Ltd has cancelled 3,728,078 ordinary fully paid shares following completion of an on-market buy-back. The reduction in issued capital may enhance earnings per share and reflects management’s capital allocation strategy,...
Temple & Webster Completes A$29.8m On-Market Share Buy-Back
Jun 19, 2026
Temple Webster Group Ltd, the online furniture and homewares retailer listed on the ASX under code TPW, operates a digital-first model focused on serving home-focused consumers across Australia. Its platform enables customers to purchase a wide a...
UBS Exits Substantial Holding in Temple & Webster
Jun 5, 2026
UBS Group AG and its related entities have notified Temple Webster Group that they have ceased to be a substantial shareholder in the online furniture and homewares retailer. The change was formalised in early June 2026 via a substantial holder n...
Temple & Webster Dropped from S&P/ASX 200 in Quarterly Index Shake-Up
Jun 5, 2026
SP Dow Jones Indices has announced changes to several SP/ASX indices effective before trading on 22 June 2026, following its quarterly review, with ALS Limited and Paladin Energy Limited among those moving into higher-profile benchmarks. Notably, ...
Temple & Webster Updates Market on Ongoing On‑Market Share Buy‑Back
Jun 4, 2026
Temple Webster Group Ltd has provided an updated notification to the ASX regarding its on-market share buy-back of ordinary fully paid shares under the code TPW. The company reported that a total of 3,626,077 shares had been repurchased before th...
Temple & Webster updates market on ongoing share buy-back
Jun 3, 2026
Temple Webster Group Ltd has confirmed ongoing on-market buy-backs of its ordinary fully paid shares, with the latest update noting cumulative repurchases and daily activity as part of its capital management strategy. The program, first notified ...
UBS exits substantial holding in Temple & Webster
May 29, 2026
UBS Group AG and its related bodies corporate have notified Temple Webster Group Ltd that they have ceased to be a substantial shareholder in the online furniture and homewares retailer as of 27 May 2026. The change, formalised in a substantial h...
JPMorgan exits substantial holder position in Temple & Webster
May 27, 2026
JPMorgan Chase Co. and its affiliates have notified Temple Webster Group Ltd that they have ceased to be a substantial holder in the company as of 25 May 2026. The change reflects adjustments in securities lending and principal trading activitie...
Temple & Webster Updates Market on Ongoing Share Buy-Back
May 24, 2026
Temple Webster Group Ltd has provided an update on its on-market share buy-back program for its ordinary fully paid shares, listed under the ASX code TPW. The notice confirms that the company is continuing its previously announced buy-back as par...
JPMorgan Ceases to Be Substantial Holder in Temple & Webster
May 22, 2026
JPMorgan Chase Co. and its affiliates have notified Temple Webster Group Ltd that they have ceased to be a substantial holder in the company as of 19 May 2026. The change follows a combination of securities lending activity by JPMorgan Chase Ban...
Temple & Webster Updates Market on Progress of On-Market Share Buy-Back
May 21, 2026
Temple Webster Group Ltd, an ASX-listed online retailer of furniture and homewares, is executing an on-market share buy-back of its ordinary fully paid shares under the code TPW. The company uses this capital management initiative to adjust its s...
Temple & Webster Drives Record Profit as It Rebalances Growth and Margins
May 12, 2026
Temple Webster has moved to prioritise profitability over pure top-line growth as Australian consumer confidence slumps to historic lows, rebalancing its approach in the roughly $40 billion furniture, homewares and home improvement market. The re...
Temple & Webster Names Returning Executive Susie Sugden as CEO in Leadership Reshuffle
Apr 22, 2026
Temple Webster has announced a leadership reshuffle, with co-founder and current CEO Mark Coulter moving to the role of Executive Chair and former executive Susie Sugden returning as CEO, effective 1 July 2026. Coulter will oversee strategy, corp...
Temple & Webster Issues New Shares on Conversion of Unquoted Securities
Apr 16, 2026
Temple Webster Group Ltd has notified the market of the issue of 4,344 new fully paid ordinary shares following the exercise or conversion of previously unquoted securities. The additional shares, issued in February 2026, marginally expand the co...
Temple & Webster Flags Lapse of 23,156 Performance Rights, Trimming Potential Dilution
Apr 16, 2026
Temple Webster Group Ltd has notified the market of the cessation of certain performance rights under its equity incentive arrangements, following the lapse of conditional rights that could no longer be satisfied. The announcement details that a ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.