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Global manufacturer of protective gloves and personal protective equipment for industrial, medical and life-sciences customers.
Global manufacturer of protective gloves and personal protective equipment for industrial, medical and life-sciences customers.
Sells mostly through distributors rather than to end users, with branded gloves chosen by safety managers and procurement teams for specific hazards, so product design and brand carry its prices. Factories sit in lower-cost Asian countries such as Malaysia, Sri Lanka and Thailand, and costs follow rubber and nitrile inputs.
In one line: A global PPE maker like Honeywell's safety unit.
Moat: narrow (brand, scale, distribution). Global brand recognition and distribution scale in safety equipment are hard for smaller rivals to match.
Headquarters: Melbourne, Australia · Founded: 1893 · Employees: 15,409
Size Ansell (ANN.AX) is an Australia Industrials company (Miscellaneous Manufacturing) with a market value of $4.42B, the 77th largest of 316 Australia companies the cockpit tracks. Shares closed at A$45.66 on 6 Nov 2026.
Performance Over six months the shares gained 78.8%, against -12.5% for the median peer and +4.1% for the Australia market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 1.9% over the last twelve months (peer median +9.4%); the operating margin is 14.7% (peer median 12.4%).
Valuation It trades at 19.2× forward earnings against a peer median of 20.4× (9th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +7 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.4 points below its cost of capital (9.1% WACC).
Next results Next results expected around 22 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | A$3.15B | A$3.16B | A$3.09B | A$2.47B | A$2.46B |
| Revenue growth | — | +2% | +25% | 0% | — |
| Gross profit | A$1.30B | A$1.31B | A$1.27B | A$947M | A$910M |
| EBITDA | A$580M | A$613M | A$542M | A$409M | A$397M |
| Net income | A$306M | A$308M | A$157M | A$117M | A$220M |
| Free cash flow | A$425M | A$441M | A$199M | A$293M | A$144M |
| Capital expenditure | A$69.7M | A$72.3M | A$107M | A$95.8M | A$99.9M |
| Total debt | n/a | A$1.09B | A$1.23B | A$1.28B | A$743M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Ansell ANN.AX | $4.42B | +79% | +2% | 15% | 19.2× | 10.3% |
| Honeywell Technologies HON | $69.8B | -1% | -17% | 18% | 23.2× | 4.1% |
| Kimberly-Clark KMB | $66.5B | +12% | -12% | 14% | 15.3× | 4.1% |
| Riverstone AP4.SI | $824M | -13% | -4% | 25% | 15.5× | 2.1% |
| 3M MMM | $95.7B | +30% | +2% | 21% | 19.2× | 11.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ANN.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.2% | -0.8% | 9th highest of 21 |
| 6-month return | +78.8% | -12.5% | highest of 21 |
| Distance from 52-week high | -2.4% | -28.9% | 2nd highest of 21 |
| Revenue growth (TTM) | +1.9% | +9.4% | 6th lowest of 21 |
| Operating margin | 14.7% | 12.4% | 8th highest of 21 |
| Forward P/E | 19.2× | 20.4× | 9th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 10.3% | 9.9% | 9th most demanding of 20 |
| Growth delivered (Del g) | +3.0% | +8.2% | 5th lowest of 20 |
| Hurdle (Req g minus delivered) | +7.2 pp | +1.8 pp | 7th most demanding of 20 |
| ROIC minus cost of capital | -0.4 pp | +4.5 pp | 4th lowest of 21 |
| EV / EBITDA | 12.3× | 11.8× | 5th most expensive of 13 |
| Net debt / EBITDA | 1.3× | 0.9× | 6th most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ansell ANN.AX | Australia | $4.42B | +79% | +2% | 15% | 19.2× | 10.3% | +3.0% |
| Supreme Industries SUPREMEIND.NS | India | $4.24B | -14% | +17% | 10% | 33.6× | 25.8% | +12.1% |
| Brady BRC | United States | $3.69B | 0% | +10% | 16% | 12.0× | 1.0% | +7.7% |
| Astral ASTRAL.NS | India | $3.57B | -20% | +17% | 12% | 46.8× | 32.5% | +15.6% |
| Kurita Water Industries 6370.T | Japan | $3.47B | -39% | +1% | 14% | 11.3× | 5.6% | +8.5% |
| TOMRA Systems TOM.OL | Norway | $3.17B | +6% | +7% | 11% | 31.8× | 9.5% | +9.2% |
| Hill & Smith HILS.L | United Kingdom | $2.88B | +10% | +3% | 16% | 19.5× | 19.4% | +5.6% |
| Armstrong World Industries AWI | United States | $7.16B | +6% | +9% | 19% | 18.6× | 16.2% | +11.6% |
| Daetwyler DAE.SW | Switzerland | $2.72B | -21% | +2% | 10% | 24.7× | 9.3% | +6.0% |
| Hanshow Technology 301275.SZ | China | $2.68B | -5% | +42% | 13% | 27.7× | 10.0% | +13.6% |
| Zhejiang Weixing New Building Materials 002372.SZ | China | $2.27B | -19% | -12% | 14% | 17.8× | 9.9% | +1.1% |
| Leyard Optoelectronic 300296.SZ | China | $2.20B | -14% | -14% | 4% | 28.8× | 17.1% | +1.2% |
| Zhejiang Weixing Industrial Development 002003.SZ | China | $2.17B | +28% | +14% | 16% | 20.7× | -4.2% | +14.0% |
| Advanced Drainage Systems WMS | United States | $9.37B | -13% | +10% | 22% | 20.1× | 10.8% | +9.0% |
| Focus Media Information Technology 002027.SZ | China | $12.0B | -12% | -2% | 30% | 14.4× | 1.2% | +1.1% |
| FP Corporation 7947.T | Japan | $1.61B | +35% | +4% | 9% | 15.5× | -1.0% | +5.1% |
| Jinfu Technology 003018.SZ | China | $1.51B | -30% | +85% | 26% | 39.3× | 18.0% | +8.2% |
| Vesuvius VSVS.L | United Kingdom | $1.49B | +2% | +2% | 7% | 14.7× | 8.2% | +4.4% |
| Xiamen Voke Mold & Plastic Engineering 301196.SZ | China | $1.48B | -34% | +34% | 12% | 32.6× | 19.6% | +19.4% |
| Shanghai PRET Composites 002324.SZ | China | $1.36B | -44% | +27% | 1% | 45.7× | n/a | n/a |
| Takuma 6013.T | Japan | $1.26B | -1% | +18% | 10% | 13.6× | -5.4% | +2.5% |