Whitehaven Coal

Carbon Policy Pressures And Shifting Demand Will Define Future Coal Profitability

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

09 Feb 25

Updated

22 Dec 25

Views

301

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

29.2%

7D

1.3%

Loading

1Y

29.2%

7D

1.3%

You can edit this narrative until Dec 23 1:05 PM. Then, changes will post as Updates.

Author's Valuation

AU$7.623.3% overvalued

AnalystConsensusTarget Fair Value

Shared on 22 Dec 25

Fair value Increased 1.91%

WHC: Future Buybacks And Margin Discipline May Support Balanced Risk Reward Profile

Analysts have nudged their price target for Whitehaven Coal higher, lifting fair value by about A$0.14 per share as they factor in stronger expected revenue growth and slightly improved profit margins, while keeping the discount rate and long term valuation multiples broadly unchanged. Analyst Commentary Analysts covering Whitehaven Coal remain divided on the near term risk reward, balancing solid fundamentals and supportive pricing against execution and macro headwinds that could weigh on earnings quality and valuation multiples.

Shared on 08 Dec 25

Fair value Increased 0.96%

WHC: Future Margins And Buybacks May Support Balanced Risk Reward Profile

Analysts have nudged their price target on Whitehaven Coal modestly higher, citing slightly improved fair value and profit margin assumptions, while tempering revenue growth expectations and keeping the discount rate and future P/E largely unchanged. Analyst Commentary Bullish analysts view the modest price target increase as a reflection of improving confidence in Whitehaven Coal's ability to sustain healthier profit margins, even as they remain selective on top line growth.

Shared on 24 Nov 25

Fair value Increased 0.14%

WHC: Improved Margins And Cost Controls May Support Near-Term Stability

Analysts have raised their price target for Whitehaven Coal slightly, moving from $7.40 to $7.41. They cited an improved profit margin outlook, even as revenue growth forecasts moderated.

Shared on 24 Oct 25

Fair value Decreased 0.58%

Analysts have slightly lowered their price target for Whitehaven Coal to $7.40 from $7.44, citing updated modeling on revenue growth and profitability expectations. Analyst Commentary Following the updated price target for Whitehaven Coal, analysts have offered a range of perspectives on the company’s outlook and valuation.

Shared on 03 Oct 25

Fair value Increased 2.34%

Analysts have slightly increased their price target for Whitehaven Coal to $7.44 from $7.27. They cited modest improvements in profit margin and discounted cash flow metrics, despite softer revenue growth projections.

Shared on 01 May 25

Fair value Increased 2.82%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 6.73%

AnalystConsensusTarget has increased revenue growth from 2.4% to 3.0%, decreased profit margin from 12.7% to 9.2% and increased future PE multiple from 8.6x to 10.8x.

Shared on 09 Apr 25

Fair value Decreased 9.22%

AnalystConsensusTarget has decreased revenue growth from 2.7% to 2.4%, decreased profit margin from 20.1% to 12.7%, increased future PE multiple from 6.0x to 8.6x and decreased discount rate from 8.1% to 7.3%.

Shared on 02 Apr 25

Fair value Decreased 4.35%

AnalystConsensusTarget has increased profit margin from 13.4% to 20.1% and decreased future PE multiple from 9.5x to 6.0x.

Shared on 26 Mar 25

Fair value Decreased 0.91%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Decreased 2.54%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Increased 35%

AnalystConsensusTarget has decreased revenue growth from 19.3% to 2.9%, increased profit margin from 11.4% to 13.4% and decreased future PE multiple from 14.2x to 9.7x.

AnalystConsensusTarget Fair Value

AU$7.62

3.3% overvalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

2.51%

Oil and Gas revenue growth rate

0.92%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

6.67%

Calculation

AU$479.59m

Earnings '28

x

18.30x

PE Ratio '28

=

AU$8.78b

Market Cap '28

AU$8.78b

Market Cap '28

/

949.32m

No. shares '28

=

AU$9.25

Share Price '28

AU$9.25 Share Price '28

Discounted to 2025 @ 6.67% p.a.

=

AU$7.62

Fair Value '25