company background image
WOT

Wotso PropertyASX:WOT Stock Report

Market Cap

AU$224.8m

7D

0%

1Y

n/a

Updated

22 Oct, 2021

Data

Company Financials
WOT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends2/6

WOT Overview

Wotso Property is a real estate investment trust externally managed by BlackWall Fund Services Limited.

Price History & Performance

Summary of all time highs, changes and price drops for Wotso Property
Historical stock prices
Current Share PriceAU$1.38
52 Week HighAU$1.20
52 Week LowAU$1.47
Beta0
1 Month Change-1.43%
3 Month Change-1.43%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO2.22%

Recent News & Updates

Shareholder Returns

WOTAU REITsAU Market
7D0%1.9%0.7%
1Yn/a24.2%21.4%

Return vs Industry: Insufficient data to determine how WOT performed against the Australian REITs industry.

Return vs Market: Insufficient data to determine how WOT performed against the Australian Market.

Price Volatility

Is WOT's price volatile compared to industry and market?
WOT volatility
WOT Beta0
Industry Beta0.86
Market Beta1

Stable Share Price: WOT is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: WOT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a64Tim Brownhttps://www.blackwall.com.au/?et_fb=1#BWR

Wotso Property is a real estate investment trust externally managed by BlackWall Fund Services Limited. It invests in the real estate markets across Australia. It primarily invests in the industrial, retail and commercial Australian properties, and unlisted property securities.

Wotso Property Fundamentals Summary

How do Wotso Property's earnings and revenue compare to its market cap?
WOT fundamental statistics
Market CapAU$224.83m
Earnings (TTM)AU$5.73m
Revenue (TTM)AU$30.39m

39.3x

P/E Ratio

7.4x

P/S Ratio


Dividends

4.3%

Current Dividend Yield

69%

Payout Ratio

Valuation

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

27.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WOT (A$1.38) is trading below our estimate of fair value (A$1.89)

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


Price To Earnings Ratio

PE vs Industry: WOT is poor value based on its PE Ratio (39.3x) compared to the Australian REITs industry average (9.8x).

PE vs Market: WOT is poor value based on its PE Ratio (39.3x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WOT is good value based on its PB Ratio (1x) compared to the AU REITs industry average (1.2x).


Future Growth

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

-0.7%

Forecasted Real Estate 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 Wotso Property 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.


Past Performance

How has Wotso Property performed over the past 5 years?

-21.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WOT has a large one-off gain of A$9.0M impacting its June 30 2021 financial results.

Growing Profit Margin: WOT's current net profit margins (18.8%) are lower than last year (30.8%).


Past Earnings Growth Analysis

Earnings Trend: WOT's earnings have declined by 21.6% per year over the past 5 years.

Accelerating Growth: WOT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WOT had negative earnings growth (-22.6%) over the past year, making it difficult to compare to the REITs industry average (106.4%).


Return on Equity

High ROE: WOT's Return on Equity (3.5%) is considered low.


Financial Health

How is Wotso Property's financial position?


Financial Position Analysis

Short Term Liabilities: WOT's short term assets (A$20.7M) exceed its short term liabilities (A$7.3M).

Long Term Liabilities: WOT's short term assets (A$20.7M) do not cover its long term liabilities (A$140.4M).


Debt to Equity History and Analysis

Debt Level: WOT's debt to equity ratio (42.9%) is considered high.

Reducing Debt: WOT's debt to equity ratio has reduced from 88.3% to 42.9% over the past 5 years.

Debt Coverage: WOT's debt is not well covered by operating cash flow (12.3%).

Interest Coverage: WOT's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


Dividend

What is Wotso Property current dividend yield, its reliability and sustainability?

4.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WOT's dividend (4.35%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: WOT's dividend (4.35%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether WOT's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if WOT's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (68.9%), WOT's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

1.4yrs

Average board tenure


CEO

Tim Brown

no data

Tenure

Mr. Timothy Brown, also known as Tim, served as Interim Company Secretary at Wotso Property Formerly Blackwall Fund Services Limited since March 27, 2020 until April 23, 2020. Mr. Brown serves as the Chief...


Board Members

Experienced Board: WOT's board of directors are not considered experienced ( 1.4 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: WOT insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: WOT only recently listed within the past 12 months, with total shares outstanding growing by 14.6% in the past year..


Top Shareholders

Company Information

Wotso Property's employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • Wotso Property
  • 50 Yeo Street
  • Neutral Bay
  • New South Wales
  • 2089
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:06
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.