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

Excellent 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 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: WLD's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-17.1%

WLD

-0.3%

AU Food

0.3%

AU Market


1 Year Return

-4.5%

WLD

15.2%

AU Food

12.5%

AU Market

Return vs Industry: WLD underperformed the Australian Food industry which returned 15.2% over the past year.

Return vs Market: WLD underperformed the Australian Market which returned 12.5% over the past year.


Shareholder returns

WLDIndustryMarket
7 Day-17.1%-0.3%0.3%
30 Day0%2.1%2.2%
90 Day-3.1%2.5%4.0%
1 Year-4.5%-4.5%18.4%15.2%16.1%12.5%
3 Year-53.3%-53.3%-2.1%-10.7%31.1%15.1%
5 Year-92.7%-92.8%24.7%10.1%62.5%31.3%

Long-Term 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$0.06) is trading below our estimate of fair value (A$0.19)

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


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate WLD's PE Ratio to determine if it is good value compared to the AU Food industry average.

PE vs Market: Insufficient data to calculate WLD's PE Ratio to determine if it is good value compared to the Australian market.


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 (0.7x) compared to the AU Food industry average (1.5x).


Next Steps

Future Growth

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

20.7%

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?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WLD is currently unprofitable.

Growing Profit Margin: WLD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WLD is unprofitable, but has reduced losses over the past 5 years at a rate of 11.6% per year.

Accelerating Growth: Unable to compare WLD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WLD is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-19.6%).


Return on Equity

High ROE: WLD has a negative Return on Equity (0%), as it is currently unprofitable.


Next Steps

Financial Health

How is Wellard's financial position?


Financial Position Analysis

Short Term Liabilities: WLD's short term assets ($9.4M) do not cover its short term liabilities ($17.3M).

Long Term Liabilities: WLD's short term assets ($9.4M) exceed its long term liabilities ($673.0K).


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 23.9%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable WLD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: WLD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.4% per year.


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?

3.5yrs

Average management tenure


CEO

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


Leadership Team

NamePositionTenureCompensationOwnership
John Klepec
Executive Chairman2.92yrsUS$419.08k0.082%
$ 26.2k
Paolo Triglia
Group Chief Financial Officer1.08yrsUS$415.39k0.22%
$ 70.6k
Kanda Lu
Business Development Manager of China & Executive Director3.83yrsUS$126.15kno data
Paolo Bianchi
Managing Director of WellTech Marine Pte Ltdno dataUS$344.93k0.075%
$ 24.0k
Michael Silbert
General Counsel & Company Secretaryno datano datano data
Alessandro Polacco
Executive Director of Wellard Ships12.17yrsno datano data
Brendan Wade
Livestock Network Development Manager4.33yrsno datano data

3.5yrs

Average Tenure

Experienced Management: WLD's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Klepec
Executive Chairman2.92yrsUS$419.08k0.082%
$ 26.2k
Kanda Lu
Business Development Manager of China & Executive Director3.83yrsUS$126.15kno data
Philip Clausius
Independent Non-Executive Director5.33yrsUS$93.21kno data
John Stevenson
Non-Executive Director2.58yrsUS$442.04kno data

3.4yrs

Average Tenure

Experienced Board: WLD's board of directors are considered experienced (3.4 years average tenure).


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$31.875m
  • 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 Analysis2021/03/04 07:03
End of Day Share Price2021/03/04 00:00
Earnings2020/12/31
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.