WH Smith PLC

LSE:SMWH Rapport sur les actions

Capitalisation boursière : UK£653.5m

WH Smith Résultats passés

Passé contrôle des critères 0/6

WH Smith a connu une croissance annuelle moyenne de ses bénéfices de 41.3%, tandis que le secteur Specialty Retail a vu ses bénéfices augmenter de en baisse à 11.1% par an. Les revenus ont augmenté de en hausse à un taux moyen de 11.1% par an.

Informations clés

41.29%

Taux de croissance des bénéfices

40.97%

Taux de croissance du BPA

Specialty Retail Croissance de l'industrie17.00%
Taux de croissance des recettes11.05%
Rendement des fonds propres-24.84%
Marge nette-3.09%
Prochaine mise à jour des résultats12 Nov 2026

Mises à jour récentes des performances passées

Article d’analyse Apr 23

WH Smith's (LON:SMWH) Soft Earnings Don't Show The Whole Picture

The market for WH Smith PLC's ( LON:SMWH ) shares didn't move much after it posted weak earnings recently. We think...

Recent updates

Mise à jour du récit Jul 14

SMWH: Future Upside Will Emerge As Travel Rebound Supports Cash Generation

The analyst price target for WH Smith has been reduced in line with recent Street moves, falling from about £6.26 to roughly £4.70. Analysts are factoring in updated assumptions around revenue growth, profit margins and a lower future P/E multiple, while still differing in their individual ratings on the stock.
Mise à jour du récit Jun 29

SMWH: Rebased Expectations Will Support Future Upside From Travel Recovery Execution

The latest Narrative Update on WH Smith reflects a reduced analyst price target to £5.75 from £7.00, as analysts factor in softer revenue growth assumptions, a lower future P/E and adjustments to fair value, despite slightly firmer profit margin expectations. Analyst Commentary Recent research coverage on WH Smith has converged around lower price targets and more neutral ratings, as analysts reset expectations for growth, valuation multiples and execution risk.
Mise à jour du récit Jun 15

SMWH: Future Equity Issuance And Dividend Suspension Will Pressure Risk Reward Profile

Analysts have reduced their fair value estimate for WH Smith from £5.75 to £3.70. This reflects lower price targets around £370 to £390 and updated assumptions for growth, margins and P/E multiples.
Mise à jour du récit Jun 01

SMWH: Rebased Expectations Will Support Future Upside From Travel Execution

Analysts have trimmed the WH Smith price target, with fair value moving from £8.20 to £7.00. This reflects recent target cuts across the Street and slightly more cautious assumptions on growth, margins and the discount rate.
Mise à jour du récit May 09

SMWH: Future Upside Will Emerge As Travel Expansion Supports Cash Generation

Narrative Update: WH Smith The analyst price target for WH Smith has been revised lower to about £6.26 from roughly £7.02. Analysts cite adjusted assumptions for fair value, discount rate, revenue growth and profit margin following a series of recent price target cuts and downgrades across the Street.
Mise à jour du récit Apr 21

SMWH: Rebased Expectations Will Support Future Upside From Travel Execution

Narrative Update The analyst price target for WH Smith has been revised lower in recent weeks, with cuts such as £657 to £634 and £800 to £762, as analysts factor in updated expectations for growth, profitability and valuation multiples, while still seeing room for the shares at current levels. Analyst Commentary Recent research points to a more cautious stance on WH Smith overall, but the detail behind the latest target changes still highlights areas where bullish analysts see value in the story, particularly around execution in core operations and the potential for the current share price to already reflect a lot of the risk.
Mise à jour du récit Apr 06

SMWH: Future Upside Will Emerge As Travel Expansion Drives Cash Generation

Analysts have trimmed the average price target for WH Smith by about £0.71, citing slightly lower fair value estimates, a modestly reduced revenue growth outlook, and a small reset to future P/E assumptions, as reflected in recent target cuts from £8.00 to £7.62, £6.57 to £6.34, and £6.50 to £6.00. Analyst Commentary Recent research shows a cluster of price target trims for WH Smith, with updated targets ranging from £6.00 to £7.62 and a mix of Buy and Hold ratings.
Mise à jour du récit Mar 23

SMWH: Future Execution Risks And Shareholder Actions Will Shape Fairly Valued Outlook

WH Smith's updated valuation reflects a trim in the analyst price target to about £5.75 from £6.00, as analysts factor in a slightly higher discount rate, more conservative revenue growth and profit margin assumptions, and a marginally higher future P/E, consistent with recent target reductions from Berenberg, Canaccord and Deutsche Bank. Analyst Commentary Recent research updates show a cautious tone around WH Smith, with several price targets adjusted to lower levels while existing ratings are largely unchanged.
Mise à jour du récit Mar 09

SMWH: Rebased Expectations Will Support Future Upside From Capital Returns

Analysts have trimmed their average price target for WH Smith to around £7.62, down from about £8.00, citing updated views on growth, profitability and valuation, supported by recent target cuts and one upgrade in Street research. Analyst Commentary Recent research on WH Smith reflects a mix of trimmed targets and renewed optimism, with some bullish analysts highlighting reasons to stay constructive despite lower headline price objectives.
Mise à jour du récit Feb 22

SMWH: Lowering Future P/E Will Limit Share Price Upside Potential

Analysts have trimmed their WH Smith price targets, with recent cuts such as £900 to £750 and £650 to £600, while maintaining support based on slightly adjusted assumptions for discount rates, revenue growth, profit margins, and future P/E. Analyst Commentary Recent research shows a split tone, with some support for WH Smith shares alongside a series of price target reductions that flag lingering concerns around execution and growth assumptions.
Mise à jour du récit Feb 08

SMWH: Higher Discount Rate And Margin Risks Will Constrain Future Upside

We are trimming our fair value estimate for WH Smith to 600p from 1,000p, as analysts recalibrate price targets in the 600p to 750p range and apply a higher discount rate alongside more moderate margin and P/E assumptions. Analyst Commentary Recent research on WH Smith has skewed cautious, with several bearish analysts trimming price targets into a tighter £6.00 to £7.50 band while keeping neutral ratings in place.
Mise à jour du récit Jan 24

SMWH: Rebased Expectations Will Support Future Upside From Share Buybacks

Analysts have trimmed their price targets on WH Smith, with the fair value estimate moving from £11.66 to £8.20 as they factor in updated assumptions for revenue growth, profit margins and lower future P/E expectations. Analyst Commentary Recent research shows a mix of caution and optimism around WH Smith, with several price targets adjusted and at least one upgrade in rating.
Article d’analyse Jan 20

WH Smith (LON:SMWH) Has Announced That Its Dividend Will Be Reduced To £0.06

WH Smith PLC's ( LON:SMWH ) dividend is being reduced from last year's payment covering the same period to £0.06 on the...
Mise à jour du récit Jan 10

SMWH: Rebased Expectations Will Support Future Upside From Travel Retail Execution

Analysts have trimmed their fair value view on WH Smith, reflecting recent price target cuts from £9.00 to £7.50 and down toward £6.00, alongside updated assumptions on growth, margins and future P/E. Analyst Commentary Recent research updates show a mixed but constructive tone around WH Smith, with several firms adjusting their price targets while maintaining interest in the equity story.
Article d’analyse Jan 06

WH Smith (LON:SMWH) Is Reducing Its Dividend To £0.06

WH Smith PLC ( LON:SMWH ) is reducing its dividend from last year's comparable payment to £0.06 on the 12th of...
Mise à jour du récit Dec 25

SMWH: Future Upside Will Emerge As Travel Expansion Delivers Cash Flow

Analysts have trimmed their price targets on WH Smith, with the consensus fair value edging down to about £7.73 per share from roughly £7.78 as they balance lower discount rates and improved revenue growth expectations against modestly softer margin and valuation assumptions. Analyst Commentary Recent Street research reflects a mixed but still constructive stance on WH Smith, with price target revisions clustering between 650 GBp and 800 GBp and ratings spanning Hold to Overweight and Buy.
Article d’analyse Dec 23

Market Cool On WH Smith PLC's (LON:SMWH) Revenues

It's not a stretch to say that WH Smith PLC's ( LON:SMWH ) price-to-sales (or "P/S") ratio of 0.5x right now seems...
Mise à jour du récit Dec 11

SMWH: Future Upside Will Emerge As New Leadership Restores Profit Credibility

Analysts have modestly reduced their price target on WH Smith to about £7.75 from roughly £7.73 per share, reflecting higher perceived risk and mixed broker revisions that balance recent target cuts with selective upgrades. Analyst Commentary Analysts remain divided on WH Smith, with recent changes in ratings and targets highlighting both confidence in the company’s long term growth prospects and concern around near term execution risks and earnings quality.
Mise à jour du récit Nov 27

SMWH: Long-Term Upside Will Materialize Following CEO Transition And Profit Restatement

The analyst price target for WH Smith has been reduced, with new targets falling from previous highs, for example, from 900 GBp to 750 GBp. This change is driven by analyst concerns over recent downward revisions to profit margin and revenue growth forecasts. Analyst Commentary The latest analyst notes highlight a range of views regarding WH Smith's recent performance, reflecting both cautious outlooks and some optimistic signals.
Mise à jour du récit Nov 06

SMWH: Long-Term Potential Will Improve After Resolution Of Profit Overstatement

Analysts have slightly raised their average price target for WH Smith to £8.13 from £8.09. This change is attributed to updated profit forecasts and recent shifts in buy and hold recommendations.
Article d’analyse Nov 05

Estimating The Fair Value Of WH Smith PLC (LON:SMWH)

Key Insights Using the 2 Stage Free Cash Flow to Equity, WH Smith fair value estimate is UK£6.08 Current share price of...
Mise à jour du récit Oct 23

Analyst Sentiment Divided on WH Smith After Profit Overstatement Influences Valuation Outlook

Analysts have lowered their fair value estimate for WH Smith from £8.72 to £8.09 per share. They cite greater uncertainty in the company’s underlying profits following the recent overstatement of trading figures.
Mise à jour du récit Sep 21

Travel Retail Focus Will Strengthen North American Presence

The consensus analyst price target for WH Smith has been reduced from £9.62 to £8.72, driven by material overstatement of trading profits, heightened concerns over profit transparency, and a widespread shift in analyst outlooks toward caution and risk mitigation. Analyst Commentary Material overstatement of trading profits has created uncertainty regarding the true profitability of the company's growth initiatives.
Mise à jour du récit Sep 06

Travel Retail Focus Will Strengthen North American Presence

WH Smith's consensus price target was cut to £9.62 (from £10.27) as analysts flagged heightened uncertainty and risk following the identification of profit overstatement and financial inaccuracies, prompting a more cautious outlook until transparency issues are resolved. Analyst Commentary Profit overstatement identified by WH Smith, increasing uncertainty and leading to rating suspension by key brokers.
Mise à jour du récit Aug 22

Travel Retail Focus Will Strengthen North American Presence

WH Smith's fair value has been revised downward primarily due to a higher discount rate and a modestly lower net profit margin, resulting in the consensus analyst price target dropping from £12.97 to £11.46. What's in the News Goldman Sachs suspended its rating on WH Smith due to insufficient information following the company's identification of an overstatement of profits (Periodicals).
Article d’analyse Aug 22

Risks Still Elevated At These Prices As WH Smith PLC (LON:SMWH) Shares Dive 40%

The WH Smith PLC ( LON:SMWH ) share price has fared very poorly over the last month, falling by a substantial 40...
Article d’analyse Aug 20

The Return Trends At WH Smith (LON:SMWH) Look Promising

LSE:SMWH 1 Year Share Price vs Fair Value Explore WH Smith's Fair Values from the Community and select yours If you're...
Article d’analyse Jul 31

Calculating The Intrinsic Value Of WH Smith PLC (LON:SMWH)

Key Insights WH Smith's estimated fair value is UK£8.73 based on 2 Stage Free Cash Flow to Equity Current share price...
Article d’analyse Jul 11

At UK£10.80, Is It Time To Put WH Smith PLC (LON:SMWH) On Your Watch List?

WH Smith PLC ( LON:SMWH ), is not the largest company out there, but it led the LSE gainers with a relatively large...
Article d’analyse Jun 20

WH Smith (LON:SMWH) Has Announced A Dividend Of £0.113

The board of WH Smith PLC ( LON:SMWH ) has announced that it will pay a dividend of £0.113 per share on the 31st of...
Article d’analyse May 27

WH Smith PLC's (LON:SMWH) Shareholders Might Be Looking For Exit

There wouldn't be many who think WH Smith PLC's ( LON:SMWH ) price-to-sales (or "P/S") ratio of 0.7x is worth a mention...
Article d’analyse May 08

WH Smith (LON:SMWH) Is Experiencing Growth In Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Article d’analyse Apr 23

WH Smith's (LON:SMWH) Soft Earnings Don't Show The Whole Picture

The market for WH Smith PLC's ( LON:SMWH ) shares didn't move much after it posted weak earnings recently. We think...
Article d’analyse Apr 19

WH Smith (LON:SMWH) Will Pay A Dividend Of £0.113

The board of WH Smith PLC ( LON:SMWH ) has announced that it will pay a dividend on the 31st of July, with investors...
Article d’analyse Apr 15

Is WH Smith PLC (LON:SMWH) Trading At A 27% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, WH Smith fair value estimate is UK£12.96 Current share price...
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Nouveau récit Feb 18

Smith's Family Kitchen Launch And US Expansion Will Strengthen Market Position

WH Smith's travel business transformation and North American expansion strategy aim to increase sales and market share with rising passenger numbers.
Article d’analyse Feb 14

At UK£12.38, Is It Time To Put WH Smith PLC (LON:SMWH) On Your Watch List?

WH Smith PLC ( LON:SMWH ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Article d’analyse Jan 12

Are Investors Undervaluing WH Smith PLC (LON:SMWH) By 28%?

Key Insights The projected fair value for WH Smith is UK£15.72 based on 2 Stage Free Cash Flow to Equity WH Smith's...
Article d’analyse Dec 18

WH Smith (LON:SMWH) Is Paying Out A Larger Dividend Than Last Year

WH Smith PLC ( LON:SMWH ) has announced that it will be increasing its dividend from last year's comparable payment on...

Ventilation des recettes et des dépenses

Comment WH Smith gagne et dépense de l'argent. Sur la base des derniers bénéfices déclarés, sur une base LTM.


Historique des gains et des recettes

LSE:SMWH Recettes, dépenses et bénéfices (GBP Millions )
DateRecettesLes revenusDépenses G+ADépenses de R&D
28 Feb 261,585-497690
30 Nov 251,569-407580
31 Aug 251,553-317460
28 Feb 251,263135770
30 Nov 241,368256420
31 Aug 241,473377070
31 May 241,889669920
29 Feb 241,860649780
30 Nov 231,827729610
31 Aug 231,793799430
31 May 231,722739080
28 Feb 231,651678720
30 Nov 221,526578100
31 Aug 221,400477470
31 May 221,23766870
28 Feb 221,074-356270
30 Nov 21980-585920
31 Aug 21886-825570
31 May 21790-2017220
28 Feb 21694-3218870
30 Nov 20858-2807590
31 Aug 201,021-2396300
31 May 201,235-686600
29 Feb 201,4491026900
30 Nov 191,4231046910
31 Aug 191,3971066910
31 May 191,356996550
28 Feb 191,314926180
30 Nov 181,2881006180
31 Aug 181,2621086180
31 May 181,2481115590
28 Feb 181,2341144990
30 Nov 171,2341155470
31 Aug 171,2341165950
31 May 171,2281146340
28 Feb 171,2221116730
30 Nov 161,2171106260
31 Aug 161,2121085790
31 May 161,2061085690
29 Feb 161,2001075590
30 Nov 151,1891045590
31 Aug 151,1781015580

Des revenus de qualité: SMWH n'est actuellement pas rentable.

Augmentation de la marge bénéficiaire: SMWH n'est actuellement pas rentable.


Analyse des flux de trésorerie disponibles par rapport aux bénéfices


Analyse de la croissance passée des bénéfices

Tendance des revenus: SMWH n'est pas rentable, mais a réduit ses pertes au cours des 5 dernières années à un taux de 41.3% par an.

Accélération de la croissance: Impossible de comparer la croissance des bénéfices de SMWH au cours de l'année écoulée à sa moyenne sur 5 ans car elle n'est actuellement pas rentable

Bénéfices par rapport au secteur d'activité: SMWH n'est pas rentable, ce qui rend difficile la comparaison de sa croissance des bénéfices de l'année écoulée avec celle du secteur Specialty Retail ( 48.9% ).


Rendement des fonds propres

ROE élevé: SMWH a un retour sur capitaux propres négatif ( -24.84% ), car il n'est actuellement pas rentable.


Rendement des actifs


Rendement des capitaux employés


Découvrir des entreprises performantes dans le passé

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/08/12 20:07
Cours de l'action en fin de journée2026/08/12 00:00
Les revenus2026/02/28
Revenus annuels2025/08/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github ; nous proposons également des guides sur la façon d’utiliser nos rapports et des tutoriels sur YouTube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

WH Smith PLC est couverte par 26 analystes. 11 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Richard TaylorBarclays
Jack CummingsBerenberg
Luka TrnovsekBerenberg