Executive Summary
WiseTech Global Limited provides software solutions to the logistics industry in the Asia Pacific, the Americas, Europe, the Middle East, and Africa. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with proven track record.
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
Stable Share Price: WTC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WTC's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
7.5%
WTC
7.4%
AU Software
0.5%
AU Market
1 Year Return
44.7%
WTC
41.2%
AU Software
29.7%
AU Market
Return vs Industry: WTC exceeded the Australian Software industry which returned 41.2% over the past year.
Return vs Market: WTC exceeded the Australian Market which returned 29.7% over the past year.
Shareholder returns
| WTC | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.5% | 7.4% | 0.5% |
| 30 Day | 17.0% | 14.3% | 4.7% |
| 90 Day | 15.1% | 11.5% | 7.9% |
| 1 Year | 44.9%44.7% | 42.3%41.2% | 34.0%29.7% |
| 3 Year | 89.9%89.0% | 93.5%87.8% | 36.1%19.8% |
| 5 Year | 657.4%650.6% | 245.8%223.5% | 73.3%40.3% |
Long-Term 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
1 week ago | Simply Wall St
Announcing: WiseTech Global (ASX:WTC) Stock Soared An Exciting 555% In The Last Five Years3 weeks ago | Simply Wall St
Here's What WiseTech Global Limited's (ASX:WTC) Shareholder Ownership Structure Looks Like2 months ago | Simply Wall St
Is WiseTech Global Limited's(ASX:WTC) Recent Stock Performance Tethered To Its Strong Fundamentals?Valuation
Is WiseTech Global undervalued compared to its fair value and its price relative to the market?
68.14x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WTC (A$30.7) is trading above our estimate of fair value (A$3.71)
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 (68.1x) compared to the Australian Software industry average (31.8x).
PE vs Market: WTC is poor value based on its PE Ratio (68.1x) compared to the Australian market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: WTC is poor value based on its PEG Ratio (5.8x)
Price to Book Ratio
PB vs Industry: WTC is overvalued based on its PB Ratio (9.5x) compared to the AU Software industry average (4.9x).
Future Growth
How is WiseTech Global forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
11.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WTC's forecast earnings growth (11.8% per year) is above the savings rate (1.9%).
Earnings vs Market: WTC's earnings (11.8% per year) are forecast to grow slower than the Australian market (13.8% per year).
High Growth Earnings: WTC's earnings are forecast to grow, but not significantly.
Revenue vs Market: WTC's revenue (14.1% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: WTC's revenue (14.1% per year) is forecast to grow slower 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 (11.6%).
Past Performance
How has WiseTech Global performed over the past 5 years?
52.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WTC has a large one-off gain of A$72.4M impacting its December 31 2020 financial results.
Growing Profit Margin: WTC's current net profit margins (31.4%) are higher than last year (23%).
Past Earnings Growth Analysis
Earnings Trend: WTC's earnings have grown significantly by 52.6% per year over the past 5 years.
Accelerating Growth: WTC's earnings growth over the past year (59.2%) exceeds its 5-year average (52.6% per year).
Earnings vs Industry: WTC earnings growth over the past year (59.2%) exceeded the Software industry 32.9%.
Return on Equity
High ROE: WTC's Return on Equity (13.9%) is considered low.
Financial Health
How is WiseTech Global's financial position?
Financial Position Analysis
Short Term Liabilities: WTC's short term assets (A$341.3M) exceed its short term liabilities (A$169.6M).
Long Term Liabilities: WTC's short term assets (A$341.3M) exceed its long term liabilities (A$100.4M).
Debt to Equity History and Analysis
Debt Level: WTC is debt free.
Reducing Debt: WTC has no debt compared to 5 years ago when its debt to equity ratio was 34.3%.
Debt Coverage: WTC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WTC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is WiseTech Global current dividend yield, its reliability and sustainability?
0.14%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WTC's dividend (0.14%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (1.99%).
High Dividend: WTC's dividend (0.14%) is low compared to the top 25% of dividend payers in the Australian market (5%).
Stability and Growth of Payments
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
How experienced are the management team and are they aligned to shareholders interests?
5.4yrs
Average management tenure
CEO
Richard White
27.42yrs
Tenure
AU$1,245,661
Compensation
Mr. Richard John White founded Wisetech Global Limited in 1994 and has been its Chief Executive Officer and Executive Director since 1994. Mr. White is the Founder and Chief Executive Officer of CargoWise,...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD958.50K) is below average for companies of similar size in the Australian market ($USD2.09M).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: WTC's management team is seasoned and experienced (5.4 years average tenure).
Board Members
Experienced Board: WTC's board of directors are seasoned and experienced ( 15.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WTC insiders have sold more shares than they have bought 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
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$9.930b
- Shares outstanding: 323.45m
- 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
Biography
WiseTech Global Limited provides software solutions to the logistics industry in the Asia Pacific, the Americas, Europe, the Middle East, and Africa. The company develops, sells, and implements software so...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/12 11:24 |
| End of Day Share Price | 2021/06/11 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.