WHC Stock Overview

Develops and operates coal mines in New South Wales and Queensland. More details

WHC fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	1/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 68.4% below our estimate of its fair value

Earnings are forecast to grow 20.66% per year

Analysts in good agreement that stock price will rise by 49.2%

Risk Analysis

Large one-off items impacting financial results

Profit margins (9.3%) are lower than last year (43.9%)

Dividend of 3.34% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Whitehaven Coal Limited Competitors

New Hope

ASX:NHC

AU$4.2b

Yancoal Australia

ASX:YAL

AU$8.3b

Boss Energy

ASX:BOE

AU$934.1m

Paladin Energy

ASX:PDN

AU$2.3b

Price History & Performance

Summary of share price highs, lows and changes for Whitehaven Coal
Historical stock prices
Current Share Price	AU$5.99
52 Week High	AU$9.08
52 Week Low	AU$5.46
Beta	0.21
1 Month Change	-10.80%
3 Month Change	0.50%
1 Year Change	-19.60%
3 Year Change	121.03%
5 Year Change	131.27%
Change since IPO	326.33%

Recent updates

Shareholder Returns

	WHC	AU Oil and Gas	AU Market
7D	-9.4%	-2.8%	-2.0%
1Y	-19.6%	-27.3%	7.8%

Return vs Industry: WHC exceeded the Australian Oil and Gas industry which returned -27.3% over the past year.

Return vs Market: WHC underperformed the Australian Market which returned 7.8% over the past year.

Price Volatility

Is WHC's price volatile compared to industry and market?
WHC volatility
WHC Average Weekly Movement	4.8%
Oil and Gas Industry Average Movement	9.6%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: WHC has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: WHC's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	n/a	Paul Flynn	www.whitehavencoal.com.au

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. The company produces metallurgical and thermal coal. It operates mines, including open cut and underground located in the Gunnedah Coal Basin in New South Wales.

Whitehaven Coal Limited Fundamentals Summary

How do Whitehaven Coal's earnings and revenue compare to its market cap?
WHC fundamental statistics
Market cap	AU$5.00b
Earnings (TTM)	AU$355.00m
Revenue (TTM)	AU$3.83b

14.1x

P/E Ratio

1.3x

P/S Ratio

Is WHC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WHC income statement (TTM)
Revenue	AU$3.83b
Cost of Revenue	AU$1.91b
Gross Profit	AU$1.92b
Other Expenses	AU$1.57b
Earnings	AU$355.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 20, 2025

Earnings per share (EPS)	0.42
Gross Margin	50.13%
Net Profit Margin	9.27%
Debt/Equity Ratio	30.9%

How did WHC perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

45%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 19:43
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Whitehaven Coal Limited is covered by 35 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	APP Securities Pty Ltd.
Russell Wright	Barclay Pearce Capital Pty Limited
Glyn Lawcock	Barrenjoey Markets Pty Limited

WHC Stock Overview

Rewards

Risk Analysis

Whitehaven Coal Limited Competitors

ASX:NHC

AU$4.2b

ASX:YAL

AU$8.3b

ASX:BOE

AU$934.1m

ASX:PDN

AU$2.3b

Price History & Performance

Recent News & Updates

Whitehaven Coal Limited to Report First Half, 2025 Results on Feb 20, 2025

Whitehaven Coal Limited Reaffirms Group Production Guidance for the Fiscal Year 2025

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 15%

Final dividend reduced to AU$0.13

Whitehaven Coal Limited Announces Fully Franked Ordinary Dividend for the Six Months Ended June 30, 2024, Payable on September 17, 2024

Recent updates

Whitehaven Coal Limited to Report First Half, 2025 Results on Feb 20, 2025

Whitehaven Coal Limited Reaffirms Group Production Guidance for the Fiscal Year 2025

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 15%

Final dividend reduced to AU$0.13

Whitehaven Coal Limited Announces Fully Franked Ordinary Dividend for the Six Months Ended June 30, 2024, Payable on September 17, 2024

JFE Steel Corporation agreed to acquire 10% stake in Blackwater Coal Mine In Australia from Whitehaven Coal Limited (ASX:WHC) for $360 million.

Full year 2024 earnings released: EPS: AU$0.44 (vs AU$3.08 in FY 2023)

Nippon Steel Australia Pty Limited agreed to acquire 20% stake in Blackwater Coal Mine In Australia from Whitehaven Coal Limited (ASX:WHC) for $720 million.

Glencore Reportedly Eyes Anglo Coal Assets

Investor sentiment improves as stock rises 17%

Anglo American Reportedly Sets Up for AUD 7.5 Billion Coal Exit

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Whitehaven Coal Limited (ASX:WHC) completed the acquisition of Metallurgical Coal Assets in Australia from Mitsubishi Development Pty Ltd and BHP Group Limited (ASX : BHP).

Deal Close on Whitehaven's Blackwater Mine Sell Down

First half dividend of AU$0.07 announced

First half 2024 earnings released: EPS: AU$0.32 (vs AU$1.99 in 1H 2023)

Whitehaven Coal Limited, Annual General Meeting, Oct 24, 2024

Whitehaven Coal Limited (ASX:WHC) agreed to acquire Metallurgical Coal Assets in Australia from Mitsubishi Development Pty Ltd and BHP Group Limited (ASX : BHP) for $4.1 billion.

Whitehaven Coal Limited to Report First Half, 2024 Results on Feb 15, 2024

Now 21% undervalued

Whitehaven Coal Receives a Shareholder Proposal from Market Forces

Whitehaven Reportedly Leads the Way in Auction for BHP Coal Mines

Whitehaven Coal Limited Provides Production Guidance for the Year 2024

Full year 2023 earnings released: EPS: AU$3.08 (vs AU$1.98 in FY 2022)

Daunia Mine Reportedly Bid Possible Without Whitehaven Equity Raising

Independent Non-Executive Director recently bought AU$86k worth of stock

Non-Executive Director recently bought AU$1.0m worth of stock

Whitehaven Coal Limited Appoints Wallis Graham as Independent Non-Executive Director

Whitehaven Coal Limited Announces Dividend for the Period of Six Months Ended 31 December 2022, Payable on 10 March 2023

First half 2023 earnings released: EPS: AU$1.99 (vs AU$0.34 in 1H 2022)

Whitehaven Coal Limited, Annual General Meeting, Oct 26, 2023

Now 24% undervalued after recent price drop

Now 20% undervalued after recent price drop

Independent Non-Executive Director recently sold AU$212k worth of stock

Non-Executive Director recently bought AU$1.2m worth of stock

Insufficient new directors

Investor sentiment deteriorated over the past week

Now 20% undervalued

Whitehaven Coal Limited Revises Production Guidance for the Year 2023

Whitehaven Coal Limited Announces Board Changes

Whitehaven Coal Limited to Report First Half, 2023 Results on Feb 16, 2023

Investor sentiment improved over the past week

Key Executive recently bought AU$2.1m worth of stock

Full year 2022 earnings released: EPS: AU$1.98 (vs AU$0.55 loss in FY 2021)

John Conde AO Not to Stand for Re-Election as Deputy Chairman and Non-Executive Director of Whitehaven Coal Limited

Now 24% undervalued

Now 20% undervalued

Insufficient new directors

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Whitehaven Coal Limited Announces Unfranked Distribution for the Six Months Period Ended December 31, 2021, Payable on March 11, 2022

Now 20% undervalued

Insider recently sold AU$34m worth of stock

Non-Executive Director recently bought AU$549k worth of stock

Insider recently sold AU$23m worth of stock

Full year 2021 earnings released: AU$0.55 loss per share (vs AU$0.03 profit in FY 2020)

Whitehaven Coal Limited Provides Production and Sales Guidance for the Fiscal Year 2022

Whitehaven Coal Limited Updates Production Guidance for Fiscal 2021