WALLENIUS WILHELMSEN ASA (WAWI.OL) Stock Fundamental Analysis
OSL:WAWI - Euronext Oslo - NO0010571680 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to WAWI. WAWI was compared to 20 industry peers in the Marine Transportation industry. While WAWI has a great profitability rating, there are quite some concerns on its financial health. WAWI is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
WAWI had positive earnings in the past year.
WAWI had a positive operating cash flow in the past year.
Of the past 5 years WAWI 4 years were profitable.
WAWI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.65%, WAWI is in line with its industry, outperforming 50.00% of the companies in the same industry.
WAWI has a better Return On Equity (33.97%) than 85.00% of its industry peers.
With an excellent Return On Invested Capital value of 18.22%, WAWI belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WAWI is above the industry average of 10.49%.
The last Return On Invested Capital (18.22%) for WAWI is above the 3 year average (13.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.65% | ||
| ROE | 33.97% | ||
| ROIC | 18.22% |
ROA(3y)9.89%
ROA(5y)5.52%
ROE(3y)26.29%
ROE(5y)14.43%
ROIC(3y)13.95%
ROIC(5y)9.48%
1.3 Margins
WAWI has a Profit Margin of 18.99%. This is comparable to the rest of the industry: WAWI outperforms 50.00% of its industry peers.
In the last couple of years the Profit Margin of WAWI has grown nicely.
WAWI has a Operating Margin (24.39%) which is in line with its industry peers.
In the last couple of years the Operating Margin of WAWI has grown nicely.
WAWI has a better Gross Margin (59.27%) than 70.00% of its industry peers.
WAWI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.39% | ||
| PM (TTM) | 18.99% | ||
| GM | 59.27% |
OM growth 3Y32.8%
OM growth 5Y21.55%
PM growth 3Y74.93%
PM growth 5Y50.44%
GM growth 3Y10.45%
GM growth 5Y5.26%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so WAWI is creating value.
The number of shares outstanding for WAWI remains at a similar level compared to 1 year ago.
Compared to 5 years ago, WAWI has about the same amount of shares outstanding.
WAWI has a better debt/assets ratio than last year.
2.2 Solvency
WAWI has an Altman-Z score of 1.72. This is a bad value and indicates that WAWI is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.72, WAWI is doing worse than 60.00% of the companies in the same industry.
The Debt to FCF ratio of WAWI is 2.11, which is a good value as it means it would take WAWI, 2.11 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of WAWI (2.11) is better than 80.00% of its industry peers.
WAWI has a Debt/Equity ratio of 0.80. This is a neutral value indicating WAWI is somewhat dependend on debt financing.
WAWI has a Debt to Equity ratio of 0.80. This is in the lower half of the industry: WAWI underperforms 70.00% of its industry peers.
Although WAWI does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 2.11 | ||
| Altman-Z | 1.72 |
ROIC/WACC2.12
WACC8.6%
2.3 Liquidity
A Current Ratio of 0.82 indicates that WAWI may have some problems paying its short term obligations.
The Current ratio of WAWI (0.82) is worse than 85.00% of its industry peers.
WAWI has a Quick Ratio of 0.82. This is a bad value and indicates that WAWI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.82, WAWI is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
WAWI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.65%, which is quite good.
Measured over the past years, WAWI shows a very strong growth in Earnings Per Share. The EPS has been growing by 54.11% on average per year.
The Revenue has been growing slightly by 3.90% in the past year.
The Revenue has been growing slightly by 6.31% on average over the past years.
EPS 1Y (TTM)17.65%
EPS 3Y91.86%
EPS 5Y54.11%
EPS Q2Q%35.9%
Revenue 1Y (TTM)3.9%
Revenue growth 3Y10.97%
Revenue growth 5Y6.31%
Sales Q2Q%3.35%
3.2 Future
The Earnings Per Share is expected to decrease by -10.28% on average over the next years. This is quite bad
The Revenue is expected to decrease by -3.26% on average over the next years.
EPS Next Y24.05%
EPS Next 2Y-3.08%
EPS Next 3Y-10.28%
EPS Next 5YN/A
Revenue Next Year-0.02%
Revenue Next 2Y-2.18%
Revenue Next 3Y-3.26%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 3.68, which indicates a rather cheap valuation of WAWI.
Based on the Price/Earnings ratio, WAWI is valued a bit cheaper than 75.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of WAWI to the average of the S&P500 Index (27.50), we can say WAWI is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 4.16, the valuation of WAWI can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WAWI indicates a rather cheap valuation: WAWI is cheaper than 90.00% of the companies listed in the same industry.
WAWI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.68 | ||
| Fwd PE | 4.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WAWI is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, WAWI is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.37 | ||
| EV/EBITDA | 2.82 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of WAWI may justify a higher PE ratio.
A cheap valuation may be justified as WAWI's earnings are expected to decrease with -10.28% in the coming years.
PEG (NY)0.15
PEG (5Y)0.07
EPS Next 2Y-3.08%
EPS Next 3Y-10.28%
5. Dividend
5.1 Amount
WAWI has a Yearly Dividend Yield of 14.66%, which is a nice return.
Compared to an average industry Dividend Yield of 34.86, WAWI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, WAWI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.66% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
72.64% of the earnings are spent on dividend by WAWI. This is not a sustainable payout ratio.
DP72.64%
EPS Next 2Y-3.08%
EPS Next 3Y-10.28%
OSL:WAWI (7/18/2025, 7:00:00 PM)
91.25
+0.95 (+1.05%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners11.68%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap38.61B
Analysts70
Price Target78.95 (-13.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.66% |
Yearly Dividend17.68
Dividend Growth(5Y)N/A
DP72.64%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.59%
Min EPS beat(2)-32.52%
Max EPS beat(2)13.33%
EPS beat(4)2
Avg EPS beat(4)-3.59%
Min EPS beat(4)-32.52%
Max EPS beat(4)24.12%
EPS beat(8)4
Avg EPS beat(8)0.32%
EPS beat(12)5
Avg EPS beat(12)-0.76%
EPS beat(16)9
Avg EPS beat(16)19.3%
Revenue beat(2)0
Avg Revenue beat(2)-3.34%
Min Revenue beat(2)-4.49%
Max Revenue beat(2)-2.19%
Revenue beat(4)0
Avg Revenue beat(4)-3.06%
Min Revenue beat(4)-5.05%
Max Revenue beat(4)-0.51%
Revenue beat(8)0
Avg Revenue beat(8)-3.79%
Revenue beat(12)1
Avg Revenue beat(12)-3.34%
Revenue beat(16)3
Avg Revenue beat(16)-2.35%
PT rev (1m)0%
PT rev (3m)-29.84%
EPS NQ rev (1m)3.21%
EPS NQ rev (3m)11.47%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.68 | ||
| Fwd PE | 4.16 | ||
| P/S | 0.7 | ||
| P/FCF | 2.37 | ||
| P/OCF | 2.11 | ||
| P/B | 1.25 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 2.82 |
EPS(TTM)24.81
EY27.19%
EPS(NY)21.94
Fwd EY24.04%
FCF(TTM)38.45
FCFY42.14%
OCF(TTM)43.31
OCFY47.46%
SpS130.69
BVpS73.06
TBVpS65.52
PEG (NY)0.15
PEG (5Y)0.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.65% | ||
| ROE | 33.97% | ||
| ROCE | 23.67% | ||
| ROIC | 18.22% | ||
| ROICexc | 26.11% | ||
| ROICexgc | 28.39% | ||
| OM | 24.39% | ||
| PM (TTM) | 18.99% | ||
| GM | 59.27% | ||
| FCFM | 29.42% |
ROA(3y)9.89%
ROA(5y)5.52%
ROE(3y)26.29%
ROE(5y)14.43%
ROIC(3y)13.95%
ROIC(5y)9.48%
ROICexc(3y)15.66%
ROICexc(5y)10.65%
ROICexgc(3y)17.18%
ROICexgc(5y)11.67%
ROCE(3y)18.11%
ROCE(5y)12.31%
ROICexcg growth 3Y47.64%
ROICexcg growth 5Y31.7%
ROICexc growth 3Y47.06%
ROICexc growth 5Y32.03%
OM growth 3Y32.8%
OM growth 5Y21.55%
PM growth 3Y74.93%
PM growth 5Y50.44%
GM growth 3Y10.45%
GM growth 5Y5.26%
F-Score7
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 2.11 | ||
| Debt/EBITDA | 1.26 | ||
| Cap/Depr | 33.79% | ||
| Cap/Sales | 3.72% | ||
| Interest Coverage | 6.73 | ||
| Cash Conversion | 93.61% | ||
| Profit Quality | 154.92% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 1.72 |
F-Score7
WACC8.6%
ROIC/WACC2.12
Cap/Depr(3y)27.52%
Cap/Depr(5y)27.34%
Cap/Sales(3y)3.02%
Cap/Sales(5y)3.45%
Profit Quality(3y)173.38%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.65%
EPS 3Y91.86%
EPS 5Y54.11%
EPS Q2Q%35.9%
EPS Next Y24.05%
EPS Next 2Y-3.08%
EPS Next 3Y-10.28%
EPS Next 5YN/A
Revenue 1Y (TTM)3.9%
Revenue growth 3Y10.97%
Revenue growth 5Y6.31%
Sales Q2Q%3.35%
Revenue Next Year-0.02%
Revenue Next 2Y-2.18%
Revenue Next 3Y-3.26%
Revenue Next 5YN/A
EBIT growth 1Y1.95%
EBIT growth 3Y47.38%
EBIT growth 5Y29.22%
EBIT Next Year43.97%
EBIT Next 3Y4.21%
EBIT Next 5YN/A
FCF growth 1Y14.72%
FCF growth 3Y46.97%
FCF growth 5Y20.43%
OCF growth 1Y18.6%
OCF growth 3Y40.42%
OCF growth 5Y18.16%