Executive Summary
WiseTech Global Limited provides cloud-based software solutions to the logistics industry worldwide.
Snowflake
Fundamentals
Flawless balance sheet with high growth potential.
Similar Companies
Share Price & News
How has WiseTech Global's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-23.5%
WTC
-5.7%
AU Software
0.1%
AU Market
1 Year Return
60.3%
WTC
42.6%
AU Software
11.9%
AU Market
Return vs Industry: WTC exceeded the Australian Software industry which returned 42.6% over the past year.
Return vs Market: WTC exceeded the Australian Market which returned 11.9% over the past year.
Shareholder returns
| WTC | Industry | Market | |
|---|---|---|---|
| 7 Day | -23.5% | -5.7% | 0.1% |
| 30 Day | -27.2% | -6.0% | -1.1% |
| 90 Day | -17.6% | -4.7% | -1.4% |
| 1 Year | 60.5%60.3% | 43.8%42.6% | 18.5%11.9% |
| 3 Year | 358.7%355.8% | 125.8%116.7% | 36.4%18.1% |
| 5 Year | n/a | 165.9%144.1% | 50.9%16.7% |
Price Volatility Vs. Market
How volatile is WiseTech Global's share price compared to the market and industry in the last 5 years?
Simply Wall St News
10 months ago | Simply Wall St
Has Wisetech Global Limited (ASX:WTC) Improved Earnings Growth In Recent Times?11 months ago | Simply Wall St
Based On Its ROE, Is Wisetech Global Limited (ASX:WTC) A High Quality Stock?1 year ago | Simply Wall St
What Do You Get For Owning Wisetech Global Limited (ASX:WTC)?Valuation
Is WiseTech Global undervalued compared to its fair value and its price relative to the market?
148.88x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WTC (A$26.3) is trading above our estimate of fair value (A$1)
Significantly Below Fair Value: WTC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WTC is poor value based on its PE Ratio (148.9x) compared to the Software industry average (34.3x).
PE vs Market: WTC is poor value based on its PE Ratio (148.9x) compared to the Australian market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: WTC is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: WTC is overvalued based on its PB Ratio (10.9x) compared to the AU Software industry average (4.3x).
Next Steps
Future Growth
How is WiseTech Global forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
34.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WTC's forecast earnings growth (34.1% per year) is above the savings rate (2.3%).
Earnings vs Market: WTC's earnings (34.1% per year) are forecast to grow faster than the Australian market (10.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WTC's revenue (23.5% per year) is forecast to grow faster than the Australian market (3.6% per year).
High Growth Revenue: WTC's revenue (23.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WTC's Return on Equity is forecast to be low in 3 years time (16.4%).
Next Steps
Past Performance
How has WiseTech Global performed over the past 5 years?
44.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: WTC's earnings have grown significantly by 44.7% per year over the past 5 years.
Accelerating Growth: WTC's earnings growth over the past year (32.7%) is below its 5-year average (44.7% per year).
Earnings vs Industry: WTC earnings growth over the past year (32.7%) exceeded the Software industry 22.6%.
Return on Equity
High ROE: WTC's Return on Equity (7.1%) is considered low.
Return on Assets
ROA vs Industry: WTC's Return on Assets is below or equal to the Software industry average last year.
Return on Capital Employed
ROCE Improving: WTC's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is WiseTech Global's financial position?
Financial Position Analysis
Short Term Liabilities: WTC's short term assets (A$323.9M) exceeds its short term liabilities (A$169.0M)
Long Term Liabilities: WTC's short term assets (323.9M) exceeds its long term liabilities (195.0M)
Debt to Equity History and Analysis
Debt Level: WTC's debt to equity ratio (0.1%) is considered satisfactory
Reducing Debt: WTC's debt to equity ratio has reduced from 17.7% to 0.1% over the past 5 years.
Debt Coverage: WTC's debt is well covered by operating cash flow (15238.3%).
Interest Coverage: WTC's interest payments on its debt are well covered by EBIT (15.7x coverage).
Balance Sheet
Inventory Level: WTC has a low level of unsold assets or inventory.
Debt Coverage by Assets: WTC's debt is covered by short term assets (assets are 438.846880x debt).
Next Steps
Dividend
What is WiseTech Global's current dividend yield, its reliability and sustainability?
0.13%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: WTC's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.44%).
High Dividend: WTC's dividend (0.13%) is low compared to the top 25% of dividend payers in the Australian market (5.58%).
Stable Dividend: WTC is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: WTC is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: WTC is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WTC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
What is the CEO of WiseTech Global's salary, the management and board of directors tenure and is there insider trading?
3.8yrs
Average management tenure
CEO
Richard White 0
25.8yrs
Tenure
AU$1,184,104
Compensation
Mr. Richard John White founded Wisetech Global Limited in 1994 and has been its Chief Executive Officer and Executive Director since 1994. Mr. White is the Founder and Chief Executive Officer of CargoWise, ...
CEO Compensation Analysis
Compensation vs. Market: Richard's total compensation ($USD812.59K) is below average for companies of similar size in the Australian market ($USD2.82M).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.8yrs
Average Tenure
Experienced Management: WTC's management team is considered experienced (3.8 years average tenure).
Board Age and Tenure
13.8yrs
Average Tenure
Experienced Board: WTC's board of directors are seasoned and experienced ( 13.8 years average tenure).
Insider Trading
Insider Buying: WTC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 3,550,289 |
| Max Price | AU$38.36 |
| Entity | Company |
| Shares | 70,714 |
| Max Price | AU$37.98 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | AU$32.67 |
| Entity | Company |
| Shares | 2,917,256 |
| Max Price | AU$33.12 |
| Entity | Company |
| Shares | 628,090 |
| Max Price | AU$32.82 |
| Entity | Company |
| Shares | 3,472,741 |
| Max Price | AU$23.04 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 450,000 |
| Max Price | AU$22.50 |
| Entity | Company |
| Shares | 3,520,547 |
| Max Price | AU$22.11 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 3,250,000 |
| Max Price | AU$21.75 |
| Entity | Company |
| Shares | 12,725,168 |
| Max Price | AU$23.72 |
| Entity | Company |
| Shares | 13,194,264 |
| Max Price | AU$23.63 |
| Entity | Company |
| Shares | 8,235,504 |
| Max Price | AU$20.89 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 100,000 |
| Max Price | AU$18.36 |
Ownership Breakdown
Management Team
Gail Williamson
Chief Growth Officer
- Tenure: 0yrs
Brett Wilton
Managing Director of NZ
- Tenure: 19.8yrs
Richard White
Founder
- Tenure: 25.8yrs
- Compensation: AU$1.18m
Maree Isaacs
Executive Director
- Tenure: 25.8yrs
- Compensation: AU$588.79k
Natasha Davidson
General Counsel
- Tenure: 3.4yrs
Andrew Cartledge
Chief Financial Officer
- Tenure: 4.1yrs
- Compensation: AU$1.26m
Brett Shearer
Chief Technology Officer
- Tenure: 1.5yrs
- Compensation: AU$702.98k
David Rippon
Corporate Governance Executive & Company Secretary
- Tenure: 2yrs
Board Members
Charles Gibbon (70yo)
Independent Non-Executive Director
- Tenure: 13.8yrs
- Compensation: AU$199.01k
Richard White
Founder
- Tenure: 25.8yrs
- Compensation: AU$1.18m
Maree Isaacs
Executive Director
- Tenure: 25.8yrs
- Compensation: AU$588.79k
Teresa Engelhard
Lead Independent & Non-Executive Director
- Tenure: 1.8yrs
- Compensation: AU$189.39k
Andrew Harrison
Independent Non-Executive Chairman
- Tenure: 1.1yrs
- Compensation: AU$259.01k
Mike Gregg
Independent Non-Executive Director
- Tenure: 13.8yrs
- Compensation: AU$180.68k
Company Information
WiseTech Global Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: WiseTech Global Limited
- Ticker: WTC
- Exchange: ASX
- Founded: 1994
- Industry: Application Software
- Sector: Software
- Market Cap: AU$8.335b
- Shares outstanding: 316.91m
- Website: https://www.wisetechglobal.com
Number of Employees
Location
- WiseTech Global Limited
- 72 O’Riordan Street
- Unit 3a
- Alexandria
- New South Wales
- 2015
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WTC | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Apr 2016 |
| WTC | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Apr 2016 |
| 17W | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Apr 2016 |
| WTCH.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Apr 2016 |
| WIGB.Y | OTCPK (Pink Sheets LLC) | UNSPONSRED ADS | US | USD | Mar 2019 |
Biography
WiseTech Global Limited provides cloud-based software solutions to the logistics industry worldwide. The company develops, sells, and implements software solutions that enable logistics service providers t ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 10:41 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.