ASX:WSI

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WestStar Industrial

Executive Summary

WestStar Industrial Limited provides engineering, civil, construction, and mining services in Australia.


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-5.3%

WSI

3.8%

AU Metals and Mining

1.9%

AU Market


1 Year Return

-41.9%

WSI

16.0%

AU Metals and Mining

-6.4%

AU Market

Return vs Industry: WSI underperformed the Australian Metals and Mining industry which returned 15.1% over the past year.

Return vs Market: WSI underperformed the Australian Market which returned -8.1% over the past year.


Shareholder returns

WSIIndustryMarket
7 Day-5.3%3.8%1.9%
30 Day28.6%11.2%4.2%
90 Day50.0%32.0%14.7%
1 Year-41.9%-41.9%21.9%16.0%-2.6%-6.4%
3 Year-5.3%-5.3%82.3%56.9%20.4%4.6%
5 Yearn/a159.5%107.5%43.3%12.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is WestStar Industrial 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: WSI (A$0.02) is trading below our estimate of fair value (A$0.2)

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


Price To Earnings Ratio

PE vs Industry: WSI is good value based on its PE Ratio (5.7x) compared to the AU Metals and Mining industry average (10.6x).

PE vs Market: WSI is good value based on its PE Ratio (5.7x) compared to the Australian market (16x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WSI is overvalued based on its PB Ratio (2.7x) compared to the AU Metals and Mining industry average (2x).


Next Steps

Future Growth

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

3.3%

Forecasted Materials 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 WestStar Industrial 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 WestStar Industrial performed over the past 5 years?

70.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WSI has high quality earnings.

Growing Profit Margin: WSI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: WSI has become profitable over the past 5 years, growing earnings by 70.9% per year.

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

Earnings vs Industry: WSI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).


Return on Equity

High ROE: WSI's Return on Equity (43%) is considered outstanding.


Next Steps

Financial Health

How is WestStar Industrial's financial position?


Financial Position Analysis

Short Term Liabilities: WSI's short term assets (A$18.3M) exceed its short term liabilities (A$16.9M).

Long Term Liabilities: WSI has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: WSI's debt to equity ratio (20.1%) is considered satisfactory.

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

Debt Coverage: WSI's debt is well covered by operating cash flow (341.9%).

Interest Coverage: WSI's interest payments on its debt are well covered by EBIT (7.2x coverage).


Balance Sheet


Next Steps

Dividend

What is WestStar Industrial current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if WSI'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 WSI'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?

AU$201k

CEO Compensation


CEO

Robert Spadanuda

no data

Tenure

AU$201,480

Compensation

Mr. Robert Spadanuda, Dip Int Des served as General Manager of Precast Australia Pty Ltd. Mr. Spadanuda has specialized skills in financial and project management and heads the management team that oversee ...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD144.19K) is below average for companies of similar size in the Australian market ($USD269.09K).

Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 52.1%.


Top Shareholders

Company Information

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


Key Information

  • Name: WestStar Industrial Limited
  • Ticker: WSI
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$16.863m
  • Shares outstanding: 936.85m
  • Website: https://www.weststarindustrial.com.au

Location

  • WestStar Industrial Limited
  • 4 Beach Street
  • Kwinana Beach
  • Western Australia
  • 6171
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WSIASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2016
WSICHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2016

Biography

WestStar Industrial Limited provides engineering, civil, construction, and mining services in Australia. It operates through three segments: Precast Australia, SIMPEC, and Distinct Development. The company ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 10:39
End of Day Share Price2020/08/10 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.