When everyone is talking about the likes of Vita Group Limited (ASX: VTG) and Webjet Limited (ASX: WEB) and their tremendous growth in the past year, it can be difficult to remember that there are plenty more companies on the ASX delivering strong growth – but they may not be as sexy.

Here are 5 completely boring companies that would be a good fit for anyone’s portfolio.

ARB Corporation Limited (ASX: ARB)

ARB produces, distributes and sells 4WD accessories like bullbars, lights, suspension parts, towbars, canopies and all sort of associated equipment both in Australia and a growing export market. The company has delivered growing revenues and earnings for at least the last 10 years too.

ARB Sales revenue 2016

Source: Company presentation

 

Bapcor Limited (ASX: BAP)

Bapcor – previously known as Burson Autoparts – supplies thousands of motor dealers, automotive repairers, smash repairs and car workshops around Australia with the spare parts they need – all in a timely manner. Yup, it’s boring all right, but should Australian fall into a recession anytime soon, most of us will be hanging onto our cars for that bit longer – and that would be great news for Bapcor.

PWR Holdings Ltd (ASX: PWR)

Radiators. Yep, this Brisbane-based company makes radiators and custom cooling systems for the likes of Formula One racing cars, NASCAR, V8 Supercars, IndyCar and many other motorsports series. In the 2016 financial year, PWR Holdings saw revenues rise 45.6% to $47.7 million and generated a pro forma net profit of $10.8 million. The company expanded further into the US with the acquisition of C&R Racing in 2015.

Reece Ltd (ASX: REH)

The plumbing supplies operator has extensive operations across Australia and New Zealand, but because of its illiquidity – most fund managers can’t own it. The good news is that the reason for the illiquidity is that the Wilson family own 60%. They also happen to be big representatives on the board as well as the chairman, CEO and CFO.

Like ARB, Reece has also had a stellar decade – almost doubling revenues since the 2007 financial year.

Reece Sales revenue 2016

Source: Company Presentation

 

Reliance Worldwide Corporation Aus P Ltd (ASX: RWC)

In a similar mould to the companies above, but a producer and distributor of plumbing supplies, Reliance reported 18% growth in pro forma net sales in the 2016 financial year compared to the previous year. The company has strong offshore sales and a strong track record of growth.

RWC Sales revenue 2016

Source: Company presentation

 

 

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Motley Fool writer/analyst Mike King owns shares in Vita Group and Bapcor. You can follow Mike on Twitter @TMFKinga

The Motley Fool Australia has a position in Bapcor. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.