| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
WOR Stock Overview
Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide.
Worley Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$11.78 |
| 52 Week High | AU$12.66 |
| 52 Week Low | AU$8.92 |
| Beta | 2.34 |
| 1 Month Change | 10.30% |
| 3 Month Change | 4.43% |
| 1 Year Change | -4.23% |
| 3 Year Change | -15.43% |
| 5 Year Change | 20.82% |
| Change since IPO | 592.94% |
Recent News & Updates
Estimating The Fair Value Of Worley Limited (ASX:WOR)
Today we will run through one way of estimating the intrinsic value of Worley Limited ( ASX:WOR ) by taking the...
Here's Why Worley (ASX:WOR) Has A Meaningful Debt Burden
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Worley Limited (ASX:WOR) Shares Could Be 23% Below Their Intrinsic Value Estimate
In this article we are going to estimate the intrinsic value of Worley Limited ( ASX:WOR ) by projecting its future...
Shareholder Returns
| WOR | AU Energy Services | AU Market | |
|---|---|---|---|
| 7D | 8.4% | 4.3% | -0.5% |
| 1Y | -4.2% | -9.4% | 10.4% |
Return vs Industry: WOR exceeded the Australian Energy Services industry which returned -9.4% over the past year.
Return vs Market: WOR underperformed the Australian Market which returned 10.4% over the past year.
Price Volatility
| WOR volatility | |
|---|---|
| WOR Average Weekly Movement | 4.8% |
| Energy Services Industry Average Movement | 6.7% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.2% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: WOR is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WOR's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | 47,700 | Chris Ashton | https://www.worley.com |
Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. The company offers digital, consulting, engineering and design, construction management, construction and fabrication, project management, and operation and maintenance services, as well as maintenance, modification, and operation services. It serves new energy, power, upstream and midstream, refining and chemicals, and infrastructure markets, as well as mining, minerals, and metals markets.
Worley Fundamentals Summary
| WOR fundamental statistics | |
|---|---|
| Market Cap | AU$6.18b |
| Earnings (TTM) | AU$86.00m |
| Revenue (TTM) | AU$9.52b |
71.9x
P/E Ratio0.6x
P/S RatioIs WOR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WOR income statement (TTM) | |
|---|---|
| Revenue | AU$9.52b |
| Cost of Revenue | AU$9.01b |
| Gross Profit | AU$506.00m |
| Expenses | AU$420.00m |
| Earnings | AU$86.00m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 23, 2022
| Earnings per share (EPS) | 0.16 |
| Gross Margin | 5.32% |
| Net Profit Margin | 0.90% |
| Debt/Equity Ratio | 31.2% |
How did WOR perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield304%
Payout RatioValuation
Is Worley undervalued compared to its fair value and its price relative to the market?
2.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WOR (A$11.78) is trading below our estimate of fair value (A$12.09)
Significantly Below Fair Value: WOR is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: WOR is poor value based on its PE Ratio (71.9x) compared to the Global Energy Services industry average (16.3x).
PE vs Market: WOR is poor value based on its PE Ratio (71.9x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: WOR is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: WOR is good value based on its PB Ratio (1.1x) compared to the AU Energy Services industry average (1.3x).
Future Growth
How is Worley forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
25.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WOR's forecast earnings growth (25.7% per year) is above the savings rate (1.9%).
Earnings vs Market: WOR's earnings (25.7% per year) are forecast to grow faster than the Australian market (11.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WOR's revenue (4.7% per year) is forecast to grow slower than the Australian market (4.9% per year).
High Growth Revenue: WOR's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WOR's Return on Equity is forecast to be low in 3 years time (7.4%).
Past Performance
How has Worley performed over the past 5 years?
31.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WOR has a large one-off loss of A$129.0M impacting its June 30 2021 financial results.
Growing Profit Margin: WOR's current net profit margins (0.9%) are lower than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: WOR's earnings have grown significantly by 31.1% per year over the past 5 years.
Accelerating Growth: WOR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WOR had negative earnings growth (-49.7%) over the past year, making it difficult to compare to the Energy Services industry average (8.4%).
Return on Equity
High ROE: WOR's Return on Equity (1.5%) is considered low.
Financial Health
How is Worley's financial position?
Financial Position Analysis
Short Term Liabilities: WOR's short term assets (A$2.9B) exceed its short term liabilities (A$2.4B).
Long Term Liabilities: WOR's short term assets (A$2.9B) exceed its long term liabilities (A$2.1B).
Debt to Equity History and Analysis
Debt Level: WOR's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: WOR's debt to equity ratio has reduced from 65.9% to 31.2% over the past 5 years.
Debt Coverage: WOR's debt is well covered by operating cash flow (30.5%).
Interest Coverage: WOR's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
Dividend
What is Worley current dividend yield, its reliability and sustainability?
4.24%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WOR's dividend (4.24%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: WOR's dividend (4.24%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
Stability and Growth of Payments
Stable Dividend: WOR's dividend payments have been volatile in the past 10 years.
Growing Dividend: WOR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (303.9%), WOR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WOR's dividends in 3 years are forecast to be covered by earnings (70.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Chris Ashton
1.92yrs
Tenure
AU$3,803,000
Compensation
Mr. Robert Christopher Ashton, also known as Chris, serves as Chief Executive Officer, Managing Director and Director at Worley Limited since February 24, 2020. Mr. Ashton served as Chief Operating Officer...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD2.75M) is above average for companies of similar size in the Australian market ($USD1.72M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: WOR's management team is considered experienced (3.4 years average tenure).
Board Members
Experienced Board: WOR's board of directors are considered experienced (3.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WOR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Worley Limited's employee growth, exchange listings and data sources
Key Information
- Name: Worley Limited
- Ticker: WOR
- Exchange: ASX
- Founded: 2001
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: AU$6.180b
- Shares outstanding: 524.64m
- Website: https://www.worley.com
Number of Employees
Location
- Worley Limited
- 141 Walker Street
- Level 17
- North Sydney
- New South Wales
- 2060
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:21 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.