ASX:WTC

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Executive Summary

WiseTech Global Limited provides cloud-based software solutions to the logistics industry in Asia Pacific, the Americas, Europe, the Middle East, and Africa. More Details


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.6%

WTC

-0.6%

AU Software

0.6%

AU Market


1 Year Return

-25.9%

WTC

8.3%

AU Software

-12.3%

AU Market

Return vs Industry: WTC underperformed the Australian Software industry which returned 8.3% over the past year.

Return vs Market: WTC underperformed the Australian Market which returned -12.3% over the past year.


Shareholder returns

WTCIndustryMarket
7 Day-3.6%-0.6%0.6%
30 Day-2.6%-2.5%-3.6%
90 Day14.3%10.8%1.0%
1 Year-25.8%-25.9%9.1%8.3%-9.0%-12.3%
3 Year221.9%220.4%121.4%112.8%17.1%2.0%
5 Yearn/a159.5%139.4%44.8%14.3%

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

Valuation

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

53.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: WTC (A$26.75) is trading above our estimate of fair value (A$10.55)

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 (53.2x) compared to the AU Software industry average (34.8x).

PE vs Market: WTC is poor value based on its PE Ratio (53.2x) compared to the Australian market (20.1x).


Price to Earnings Growth Ratio

PEG Ratio: WTC is poor value based on its PEG Ratio (4.7x)


Price to Book Ratio

PB vs Industry: WTC is overvalued based on its PB Ratio (8.6x) compared to the AU Software industry average (5.5x).


Next Steps

Future Growth

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

11.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WTC's forecast earnings growth (11.3% per year) is above the savings rate (2.3%).

Earnings vs Market: WTC's earnings (11.3% per year) are forecast to grow slower than the Australian market (19.2% per year).

High Growth Earnings: WTC's earnings are forecast to grow, but not significantly.

Revenue vs Market: WTC's revenue (15.3% per year) is forecast to grow faster than the Australian market (4.4% per year).

High Growth Revenue: WTC's revenue (15.3% 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 (12.8%).


Next Steps

Past Performance

How has WiseTech Global performed over the past 5 years?

53.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WTC has a large one-off gain of A$109.7M impacting its June 30 2020 financial results.

Growing Profit Margin: WTC's current net profit margins (37.4%) are higher than last year (15.6%).


Past Earnings Growth Analysis

Earnings Trend: WTC's earnings have grown significantly by 53.7% per year over the past 5 years.

Accelerating Growth: WTC's earnings growth over the past year (196.1%) exceeds its 5-year average (53.7% per year).

Earnings vs Industry: WTC earnings growth over the past year (196.1%) exceeded the Software industry 21%.


Return on Equity

High ROE: WTC's Return on Equity (16%) is considered low.


Next Steps

Financial Health

How is WiseTech Global's financial position?


Financial Position Analysis

Short Term Liabilities: WTC's short term assets (A$309.3M) exceed its short term liabilities (A$157.2M).

Long Term Liabilities: WTC's short term assets (A$309.3M) exceed its long term liabilities (A$116.3M).


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 32.7%.

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


Next Steps

Dividend

What is WiseTech Global current dividend yield, its reliability and sustainability?

0.12%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WTC's dividend (0.12%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.38%).

High Dividend: WTC's dividend (0.12%) is low compared to the top 25% of dividend payers in the Australian market (5.69%).


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?

4.7yrs

Average management tenure


CEO

Richard White

26.67yrs

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 ($USD911.24K) is below average for companies of similar size in the Australian market ($USD2.74M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Richard White
Founder26.67yrsAU$1.25m3.43%
A$ 295.7m
Maree Isaacs
Executive Director26.67yrsAU$652.47kno data
Andrew Cartledge
Chief Financial Officer5yrsAU$1.46m0.057%
A$ 4.9m
Brett Shearer
Chief Technology Officer2.42yrsAU$864.18k0.15%
A$ 12.8m
Natasha Davidson
General Counsel4.33yrsno datano data
Gail Williamson
Chief Growth Officerno datano datano data
David Rippon
Corporate Governance Executive & Company Secretary2.92yrsno datano data
Brett Wilton
Managing Director of NZ20.67yrsno datano data

4.7yrs

Average Tenure

Experienced Management: WTC's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard White
Founder26.67yrsAU$1.25m3.43%
A$ 295.7m
Maree Isaacs
Executive Director26.67yrsAU$652.47kno data
Michael Gregg
Independent Non-Executive Director14.67yrsAU$179.33k4.18%
A$ 360.2m
Charles Gibbon
Independent Non-Executive Director14.67yrsAU$175.20k5.38%
A$ 464.1m
Arlene Tansey
Independent Non-Executive Director0.25yrAU$13.69k0.0012%
A$ 106.9k
Teresa Engelhard
Lead Independent & Non-Executive Director2.67yrsAU$186.15k0.013%
A$ 1.1m
Andrew Harrison
Independent Non-Executive Chairman2yrsAU$281.48k0.013%
A$ 1.1m

14.7yrs

Average Tenure

70yo

Average Age

Experienced Board: WTC's board of directors are seasoned and experienced ( 14.7 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$8.621b
  • Shares outstanding: 322.28m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WTCASX (Australian Securities Exchange)YesOrdinary SharesAUAUDApr 2016
WTCCHIA (Chi-X Australia)YesOrdinary SharesAUAUDApr 2016
17WDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2016
WTCH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 2016
WIGB.YOTCPK (Pink Sheets LLC)UNSPONSRED ADSUSUSDMar 2019

Biography

WiseTech Global Limited provides cloud-based software solutions to the logistics industry in Asia Pacific, the Americas, Europe, the Middle East, and Africa. The company develops, sells, and implements sof ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 19:09
End of Day Share Price2020/09/18 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.