ASX:WEB

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Executive Summary

Webjet Limited provides online travel booking services in Australia, New Zealand, Dubai, the United Kingdom, and internationally. More Details


Snowflake Analysis

Adequate balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-6.4%

WEB

-2.9%

AU Online Retail

1.2%

AU Market


1 Year Return

-67.9%

WEB

17.5%

AU Online Retail

-10.3%

AU Market

Return vs Industry: WEB underperformed the Australian Online Retail industry which returned 17.5% over the past year.

Return vs Market: WEB underperformed the Australian Market which returned -10.3% over the past year.


Shareholder returns

WEBIndustryMarket
7 Day-6.4%-2.9%1.2%
30 Day0.5%8.0%-2.6%
90 Day14.4%46.8%3.0%
1 Year-67.1%-67.9%19.9%17.5%-7.1%-10.3%
3 Year-64.0%-66.0%33.4%25.3%18.6%3.3%
5 Year-7.8%-18.5%280.9%270.0%46.1%15.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: WEB (A$3.66) is trading above our estimate of fair value (A$0.54)

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


Price To Earnings Ratio

PE vs Industry: WEB is unprofitable, so we can't compare its PE Ratio to the XX Online Retail industry average.

PE vs Market: WEB 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 WEB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WEB is good value based on its PB Ratio (1.5x) compared to the AU Online Retail industry average (13.4x).


Next Steps

Future Growth

How is Webjet forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

96.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WEB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

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

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

Revenue vs Market: WEB's revenue (17.5% per year) is forecast to grow faster than the Australian market (4.4% per year).

High Growth Revenue: WEB's revenue (17.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WEB's Return on Equity is forecast to be low in 3 years time (11.7%).


Next Steps

Past Performance

How has Webjet performed over the past 5 years?

-17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WEB is currently unprofitable.

Growing Profit Margin: WEB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WEB is unprofitable, and losses have increased over the past 5 years at a rate of 17.4% per year.

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

Earnings vs Industry: WEB is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (8.8%).


Return on Equity

High ROE: WEB has a negative Return on Equity (-17.82%), as it is currently unprofitable.


Next Steps

Financial Health

How is Webjet's financial position?


Financial Position Analysis

Short Term Liabilities: WEB's short term assets (A$284.1M) exceed its short term liabilities (A$169.8M).

Long Term Liabilities: WEB's short term assets (A$284.1M) exceed its long term liabilities (A$240.6M).


Debt to Equity History and Analysis

Debt Level: WEB's debt to equity ratio (24.8%) is considered satisfactory.

Reducing Debt: WEB's debt to equity ratio has reduced from 31% to 24.8% over the past 5 years.

Debt Coverage: WEB's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if WEB's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

1.22%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

4.0yrs

Average board tenure


CEO

John Guscic (56 yo)

9.58yrs

Tenure

AU$1,508,184

Compensation

Mr. John Guscic, Executive MBA, BEc, has been the Managing Director of Webjet Limited since February 01, 2011. Mr. Guscic serves as Managing Director of Pacific region for Travelport (formerly Cendant TDS) ...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD1.06M) is about average for companies of similar size in the Australian market ($USD938.18K).

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


Board Members

NamePositionTenureCompensationOwnership
John Guscic
MD & Executive Director9.58yrsAU$1.51m1.43%
A$ 17.8m
Roger Sharp
Independent Non-Executive Chairman3.25yrsAU$214.66k0.071%
A$ 877.1k
Donald Clarke
Independent Deputy Chairman11.08yrsAU$130.67k0.022%
A$ 274.6k
Shelley Roberts
Independent Non-Executive Director4.42yrsAU$112.00k0.010%
A$ 124.1k
Antonia Korsanos
Independent Non-Executive Director2.25yrsAU$121.33k0.0029%
A$ 36.6k
Bradley Holman
Senior Independent Non-Executive Director3.58yrsAU$112.00k0.037%
A$ 458.0k

4.0yrs

Average Tenure

57yo

Average Age

Experienced Board: WEB's board of directors are considered experienced (4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: WEB insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 150%.


Top Shareholders

Company Information

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


Key Information

  • Name: Webjet Limited
  • Ticker: WEB
  • Exchange: ASX
  • Founded: 1998
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: AU$1.241b
  • Shares outstanding: 339.00m
  • Website: https://www.webjetlimited.com

Number of Employees


Location

  • Webjet Limited
  • 509 St Kilda Road
  • Level 2
  • Melbourne
  • Victoria
  • 3004
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WBJDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 1997
WEBASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 1997
WEBJ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 1997
WEBCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 1997
WEJT.YOTCPK (Pink Sheets LLC)UNSPONSRED ADSUSUSDJun 2019

Biography

Webjet Limited provides online travel booking services in Australia, New Zealand, Dubai, the United Kingdom, and internationally. It operates through Business to Consumer Travel and Business to Business Tr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/27 19:02
End of Day Share Price2020/09/25 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.