ASX:WGN

Stock Analysis Report

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Executive Summary

Wagners Holding Company Limited produces and sells construction materials in Australia and internationally. More Details


Snowflake Analysis

Reasonable growth potential with worrying balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: WGN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: WGN's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

7.4%

WGN

-1.0%

AU Basic Materials

-0.3%

AU Market


1 Year Return

40.3%

WGN

22.1%

AU Basic Materials

7.6%

AU Market

Return vs Industry: WGN exceeded the Australian Basic Materials industry which returned 22.1% over the past year.

Return vs Market: WGN exceeded the Australian Market which returned 7.6% over the past year.


Shareholder returns

WGNIndustryMarket
7 Day7.4%-1.0%-0.3%
30 Day2.9%1.8%0.4%
90 Day16.1%0.3%5.1%
1 Year40.3%40.3%25.4%22.1%11.2%7.6%
3 Year-52.0%-54.0%18.3%7.2%30.6%14.9%
5 Yearn/a66.9%40.2%65.8%33.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

3.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: WGN (A$1.95) is trading above our estimate of fair value (A$1.82)

Significantly Below Fair Value: WGN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: WGN is unprofitable, so we can't compare its PE Ratio to the XX Basic Materials industry average.

PE vs Market: WGN is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WGN is overvalued based on its PB Ratio (3.6x) compared to the AU Basic Materials industry average (3x).


Next Steps

Future Growth

How is Wagners Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

49.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WGN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: WGN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: WGN's is expected to become profitable in the next 3 years.

Revenue vs Market: WGN's revenue (8.5% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: WGN's revenue (8.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WGN's Return on Equity is forecast to be low in 3 years time (11.5%).


Next Steps

Past Performance

How has Wagners Holding performed over the past 5 years?

-5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WGN is currently unprofitable.

Growing Profit Margin: WGN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WGN is unprofitable, and losses have increased over the past 5 years at a rate of 5.5% per year.

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

Earnings vs Industry: WGN is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (6.1%).


Return on Equity

High ROE: WGN has a negative Return on Equity (-0.016%), as it is currently unprofitable.


Next Steps

Financial Health

How is Wagners Holding's financial position?


Financial Position Analysis

Short Term Liabilities: WGN's short term assets (A$84.6M) exceed its short term liabilities (A$64.3M).

Long Term Liabilities: WGN's short term assets (A$84.6M) do not cover its long term liabilities (A$163.3M).


Debt to Equity History and Analysis

Debt Level: WGN's debt to equity ratio (65.9%) is considered high.

Reducing Debt: Insufficient data to determine if WGN's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: WGN's debt is not well covered by operating cash flow (1.7%).

Interest Coverage: WGN is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Wagners Holding current dividend yield, its reliability and sustainability?

1.53%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate WGN'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 WGN's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: WGN is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WGN'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?

4.5yrs

Average management tenure


CEO

Cameron Coleman

8.58yrs

Tenure

AU$568,154

Compensation

Mr. Cameron Coleman has been the Chief Executive Officer at Wagners Holding Company Limited and Wagner Group Holdings Pty Ltd. since July 2012. Mr. Coleman has experience across all areas of the business a...


CEO Compensation Analysis

Compensation vs Market: Cameron's total compensation ($USD452.21K) is about average for companies of similar size in the Australian market ($USD505.45K).

Compensation vs Earnings: Cameron's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Cameron Coleman
Chief Executive Officer8.58yrsAU$568.15k0.044%
A$ 162.3k
Fergus Hume
Chief Financial Officer5yrsAU$360.48k0.00092%
A$ 3.4k
Karen Brown
General Counsel & Company Secretary3.25yrsno data0.0084%
A$ 30.8k
Rachel Allan
Group Human Resources Manager10.5yrsno datano data
Hugh Stone
Head of Safety1yrno datano data
Michael Kemp
General Manager of New Generation Building Materials3.92yrsno datano data

4.5yrs

Average Tenure

Experienced Management: WGN's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ross Walker
Independent Non-Executive Director3.25yrsAU$100.00k0.063%
A$ 229.5k
Denis Wagner
Non-Executive Chairman3.25yrsAU$200.00k12.02%
A$ 43.9m
Joseph Wagner
Alternate Director2.92yrsno data11.72%
A$ 42.8m
Lynda Kathryn O'Grady
Independent Non-Executive Director3.25yrsAU$100.00k0.027%
A$ 97.5k
John Wagner
Non-Executive Director3.25yrsAU$100.00k11.99%
A$ 43.8m

3.3yrs

Average Tenure

Experienced Board: WGN's board of directors are considered experienced (3.3 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

Wagners Holding Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wagners Holding Company Limited
  • Ticker: WGN
  • Exchange: ASX
  • Founded: 1989
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: AU$365.034m
  • Shares outstanding: 187.20m
  • Website: https://www.wagner.com.au

Location

  • Wagners Holding Company Limited
  • 11 Ballera Court
  • 1511 Toowoomba Cecil Plains Road
  • Wellcamp
  • Queensland
  • 4350
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0W7DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2017
WGNASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2017
WGNCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2017

Biography

Wagners Holding Company Limited produces and sells construction materials in Australia and internationally. It operates through two segments, Construction Materials and Services (CMS), and New Generation B...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/26 07:03
End of Day Share Price2021/02/26 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.