WiseTech Global Limited

ASX:WTC Stock Report

Market Cap: AU$40.0b

WiseTech Global Valuation

Is WTC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of WTC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WTC (A$120.6) is trading above our estimate of fair value (A$44.51)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WTC?

Key metric: As WTC is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for WTC. This is calculated by dividing WTC's market cap by their current revenue.
What is WTC's PS Ratio?
PS Ratio38.4x
SalesAU$1.04b
Market CapAU$40.00b

Price to Sales Ratio vs Peers

How does WTC's PS Ratio compare to its peers?

The above table shows the PS ratio for WTC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average13.4x
XRO Xero
15.1x14.4%AU$26.1b
TNE Technology One
19.7x12.4%AU$10.0b
360 Life360
9.6x16.5%AU$5.2b
SDR SiteMinder
9.1x18.8%AU$1.7b
WTC WiseTech Global
38.4x19.2%AU$40.0b

Price-To-Sales vs Peers: WTC is expensive based on its Price-To-Sales Ratio (38.4x) compared to the peer average (13.4x).

Price to Sales Ratio vs Industry

How does WTC's PS Ratio compare vs other companies in the AU Software Industry?

12 CompaniesPrice / SalesEstimated GrowthMarket Cap
MOQ MOQ
0.3xn/aUS$15.57m
NOV Novatti Group
0.3x9.4%US$8.86m
NET Netlinkz
0.6xn/aUS$7.76m
99L 99 Loyalty
0.3x25.1%US$7.80m
WTC 38.4xIndustry Avg. 3.1xNo. of Companies21PS02.85.68.411.214+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: WTC is expensive based on its Price-To-Sales Ratio (38.4x) compared to the Australian Software industry average (3.1x).

Price to Sales Ratio vs Fair Ratio

What is WTC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WTC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio38.4x
Fair PS Ratio30.1x

Price-To-Sales vs Fair Ratio: WTC is expensive based on its Price-To-Sales Ratio (38.4x) compared to the estimated Fair Price-To-Sales Ratio (30.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst WTC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$120.60
AU$132.08
+9.5%
10.1%AU$160.00AU$105.00n/a17
Dec ’25AU$128.10
AU$131.49
+2.7%
10.3%AU$160.00AU$105.00n/a17
Nov ’25AU$118.50
AU$118.17
-0.3%
8.4%AU$138.00AU$100.00n/a17
Oct ’25AU$137.46
AU$114.08
-17.0%
16.4%AU$138.00AU$55.34n/a18
Sep ’25AU$118.87
AU$110.17
-7.3%
14.8%AU$129.00AU$55.34n/a18
Aug ’25AU$96.39
AU$92.37
-4.2%
13.7%AU$112.00AU$55.34n/a18
Jul ’25AU$95.10
AU$91.06
-4.2%
13.9%AU$112.00AU$55.34n/a18
Jun ’25AU$96.67
AU$89.60
-7.3%
13.0%AU$112.00AU$55.34n/a18
May ’25AU$88.81
AU$88.99
+0.2%
12.5%AU$104.01AU$55.34n/a17
Apr ’25AU$93.95
AU$87.90
-6.4%
11.9%AU$102.00AU$55.34n/a17
Mar ’25AU$94.29
AU$89.94
-4.6%
7.5%AU$102.00AU$79.00n/a16
Feb ’25AU$71.95
AU$77.21
+7.3%
10.3%AU$95.00AU$58.00n/a16
Jan ’25AU$75.37
AU$76.90
+2.0%
10.4%AU$95.00AU$58.00n/a16
Dec ’24AU$66.16
AU$75.58
+14.2%
13.2%AU$95.00AU$52.19AU$128.1016
Nov ’24AU$58.03
AU$75.78
+30.6%
13.5%AU$95.00AU$52.19AU$118.5015
Oct ’24AU$65.05
AU$76.65
+17.8%
13.6%AU$95.00AU$52.19AU$137.4615
Sep ’24AU$70.00
AU$75.65
+8.1%
13.6%AU$95.00AU$52.19AU$118.8715
Aug ’24AU$86.54
AU$75.64
-12.6%
17.6%AU$100.00AU$52.19AU$96.3915
Jul ’24AU$79.81
AU$72.20
-9.5%
18.3%AU$100.00AU$52.19AU$95.1015
Jun ’24AU$75.50
AU$68.12
-9.8%
16.0%AU$90.00AU$52.19AU$96.6715
May ’24AU$67.00
AU$67.93
+1.4%
13.7%AU$90.00AU$57.00AU$88.8114
Apr ’24AU$65.14
AU$66.01
+1.3%
14.6%AU$90.00AU$52.19AU$93.9514
Mar ’24AU$61.86
AU$65.26
+5.5%
15.5%AU$90.00AU$52.19AU$94.2914
Feb ’24AU$59.50
AU$61.25
+2.9%
14.3%AU$88.00AU$52.19AU$71.9514
Jan ’24AU$50.75
AU$59.43
+17.1%
8.9%AU$70.00AU$52.19AU$75.3714
Dec ’23AU$57.68
AU$59.43
+3.0%
8.9%AU$70.00AU$52.19AU$66.1614

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 06:25
End of Day Share Price 2024/12/17 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

WiseTech Global Limited is covered by 28 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aryan NoroziBarrenjoey Markets Pty Limited
Matthew RyanBarrenjoey Markets Pty Limited
Chris SavageBell Potter