ASX:WLD

Stock Analysis Report

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Executive Summary

Wellard Limited supplies livestock vessels and livestock in Asia, Mediterranean Basin, and the Middle East. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Wellard's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WLD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

WLD

-1.4%

AU Food

-0.3%

AU Market


1 Year Return

25.0%

WLD

-3.2%

AU Food

-6.9%

AU Market

Return vs Industry: WLD exceeded the Australian Food industry which returned -3.2% over the past year.

Return vs Market: WLD exceeded the Australian Market which returned -6.9% over the past year.


Shareholder returns

WLDIndustryMarket
7 Day0%-1.4%-0.3%
30 Day-8.5%2.4%5.1%
90 Day47.7%3.3%4.2%
1 Year25.0%25.0%-0.6%-3.2%-3.5%-6.9%
3 Year-50.0%-50.0%-12.3%-19.0%18.1%3.0%
5 Yearn/a14.4%0.3%44.2%15.1%

Price Volatility Vs. Market

How volatile is Wellard's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Wellard undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WLD (A$0.07) is trading below our estimate of fair value (A$0.37)

Significantly Below Fair Value: WLD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: WLD is poor value based on its PE Ratio (133.5x) compared to the AU Food industry average (25.4x).

PE vs Market: WLD is poor value based on its PE Ratio (133.5x) compared to the Australian market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate WLD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WLD is good value based on its PB Ratio (0.6x) compared to the AU Food industry average (1.4x).


Next Steps

Future Growth

How is Wellard forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.5%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Wellard has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Wellard performed over the past 5 years?

-10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WLD has a large one-off gain of A$6.5M impacting its June 30 2020 financial results.

Growing Profit Margin: WLD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: WLD has become profitable over the past 5 years, growing earnings by -10.9% per year.

Accelerating Growth: WLD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: WLD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (-9.4%).


Return on Equity

High ROE: WLD's Return on Equity (0.4%) is considered low.


Next Steps

Financial Health

How is Wellard's financial position?


Financial Position Analysis

Short Term Liabilities: WLD's short term assets (A$21.2M) exceed its short term liabilities (A$18.2M).

Long Term Liabilities: WLD's short term assets (A$21.2M) exceed its long term liabilities (A$13.8M).


Debt to Equity History and Analysis

Debt Level: WLD is debt free.

Reducing Debt: WLD has no debt compared to 5 years ago when its debt to equity ratio was 159.2%.

Debt Coverage: WLD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: WLD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Wellard current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WLD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WLD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WLD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WLD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WLD's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Wellard has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
John Klepec
Executive Chairman2.5yrsAU$607.00k0.082%
A$ 28.4k
Paolo Triglia
Group Chief Financial Officer0.67yrAU$601.65k0.22%
A$ 76.5k
Kanda Lu
Business Development Manager of China & Executive Director3.42yrsAU$182.71kno data
Paolo Bianchi
Managing Director of WellTech Marine Pte Ltdno dataAU$499.60k0.075%
A$ 26.0k
Michael Silbert
General Counsel & Company Secretaryno datano datano data
Alessandro Polacco
Executive Director of Wellard Ships11.75yrsno datano data
Brendan Wade
Livestock Network Development Manager3.92yrsno datano data

3.0yrs

Average Tenure

Experienced Management: WLD's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Klepec
Executive Chairman2.5yrsAU$607.00k0.082%
A$ 28.4k
Kanda Lu
Business Development Manager of China & Executive Director3.42yrsAU$182.71kno data
Philip Clausius
Independent Non-Executive Director4.92yrsAU$135.00kno data
John Stevenson
Non-Executive Director2.17yrsAU$640.26kno data

3.0yrs

Average Tenure

Experienced Board: WLD's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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

Wellard Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wellard Limited
  • Ticker: WLD
  • Exchange: ASX
  • Founded: 1950
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$34.531m
  • Shares outstanding: 531.25m
  • Website: https://www.wellard.com.au

Number of Employees


Location

  • Wellard Limited
  • Manning Buildings
  • Suite 20
  • Fremantle
  • Western Australia
  • 6160
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WLDASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2015
WLDCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2015
24QDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2015

Biography

Wellard Limited supplies livestock vessels and livestock in Asia, Mediterranean Basin, and the Middle East. The company operates in two segments, Chartering and Trading. It engages in the logistics and tra ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 10:40
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.