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 19 industry peers in the Marine Transportation industry. While WAWI has a great profitability rating, there are quite some concerns on its financial health. WAWI has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year WAWI was profitable.
In the past year WAWI had a positive cash flow from operations.
WAWI had positive earnings in 4 of the past 5 years.
WAWI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WAWI has a Return On Assets of 11.65%. This is comparable to the rest of the industry: WAWI outperforms 52.63% of its industry peers.
With an excellent Return On Equity value of 33.97%, WAWI belongs to the best of the industry, outperforming 84.21% of the companies in the same industry.
WAWI has a Return On Invested Capital of 18.22%. This is amongst the best in the industry. WAWI outperforms 89.47% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WAWI is above the industry average of 10.33%.
The 3 year average ROIC (13.95%) for WAWI is below the current ROIC(18.22%), indicating increased profibility in the last year.
| 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
With a Profit Margin value of 18.99%, WAWI perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
WAWI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 24.39%, WAWI is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
In the last couple of years the Operating Margin of WAWI has grown nicely.
WAWI has a Gross Margin of 59.27%. This is in the better half of the industry: WAWI outperforms 73.68% of its industry peers.
In the last couple of years the Gross Margin of WAWI has grown nicely.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), WAWI is creating value.
Compared to 1 year ago, WAWI has about the same amount of shares outstanding.
WAWI has about the same amout of shares outstanding than it did 5 years ago.
WAWI has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.68, we must say that WAWI is in the distress zone and has some risk of bankruptcy.
WAWI has a Altman-Z score of 1.68. This is in the lower half of the industry: WAWI underperforms 63.16% of its industry peers.
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.
WAWI has a Debt to FCF ratio of 2.11. This is in the better half of the industry: WAWI outperforms 78.95% 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's Debt to Equity ratio of 0.80 is on the low side compared to the rest of the industry. WAWI is outperformed by 68.42% 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 | 1.68 |
ROIC/WACC2.09
WACC8.73%
2.3 Liquidity
WAWI has a Current 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.
The Current ratio of WAWI (0.82) is worse than 84.21% of its industry peers.
A Quick Ratio of 0.82 indicates that WAWI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.82, WAWI is doing worse than 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.65% over the past year.
The Earnings Per Share has been growing by 54.11% on average over the past years. This is a very strong growth
Looking at the last year, WAWI shows a small growth in Revenue. The Revenue has grown by 3.90% in the last year.
Measured over the past years, WAWI shows a small growth in Revenue. The Revenue has been growing by 6.31% on average per year.
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
WAWI is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -10.28% yearly.
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
With a Price/Earnings ratio of 3.24, the valuation of WAWI can be described as very cheap.
78.95% of the companies in the same industry are more expensive than WAWI, based on the Price/Earnings ratio.
WAWI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.17.
With a Price/Forward Earnings ratio of 3.67, the valuation of WAWI can be described as very cheap.
WAWI's Price/Forward Earnings ratio is rather cheap when compared to the industry. WAWI is cheaper than 89.47% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of WAWI to the average of the S&P500 Index (22.10), we can say WAWI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.24 | ||
| Fwd PE | 3.67 |
4.2 Price Multiples
WAWI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WAWI is cheaper than 94.74% of the companies in the same industry.
94.74% of the companies in the same industry are more expensive than WAWI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.09 | ||
| EV/EBITDA | 2.61 |
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 excellent profitability rating of WAWI may justify a higher PE ratio.
WAWI's earnings are expected to decrease with -10.28% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.13
PEG (5Y)0.06
EPS Next 2Y-3.08%
EPS Next 3Y-10.28%
5. Dividend
5.1 Amount
WAWI has a Yearly Dividend Yield of 15.63%, which is a nice return.
WAWI's Dividend Yield is a higher than the industry average which is at 35.46.
WAWI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15.63% |
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 (5/28/2025, 7:00:00 PM)
79.1
-1.75 (-2.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners12.44%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap33.47B
Analysts70
Price Target91.62 (15.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15.63% |
Yearly Dividend17.8
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)-18.59%
PT rev (3m)-23.01%
EPS NQ rev (1m)8.01%
EPS NQ rev (3m)-7.02%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.99%
Revenue NQ rev (1m)1.32%
Revenue NQ rev (3m)-3.43%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-1.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.24 | ||
| Fwd PE | 3.67 | ||
| P/S | 0.62 | ||
| P/FCF | 2.09 | ||
| P/OCF | 1.86 | ||
| P/B | 1.1 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 2.61 |
EPS(TTM)24.38
EY30.82%
EPS(NY)21.56
Fwd EY27.26%
FCF(TTM)37.79
FCFY47.77%
OCF(TTM)42.56
OCFY53.81%
SpS128.43
BVpS71.8
TBVpS64.38
PEG (NY)0.13
PEG (5Y)0.06
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 | 1.68 |
F-Score7
WACC8.73%
ROIC/WACC2.09
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%