Wiseway Group
Market Cap
AU$44.2m
Last Updated
2021/03/06 07:10 UTC
Data Sources
Company Financials +
Executive Summary
Wiseway Group Limited, together with its subsidiaries, provides logistics and freight forwarding services in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with excellent balance sheet.
Similar Companies
Share Price & News
How has Wiseway Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WWG is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 24% a week.
Volatility Over Time: WWG's weekly volatility (24%) has been stable over the past year, but is still higher than 75% of Australian stocks.
Market Performance
7 Day Return
-3.1%
WWG
3.2%
AU Logistics
-0.2%
AU Market
1 Year Return
103.2%
WWG
70.1%
AU Logistics
12.7%
AU Market
Return vs Industry: WWG exceeded the Australian Logistics industry which returned 70.1% over the past year.
Return vs Market: WWG exceeded the Australian Market which returned 12.7% over the past year.
Shareholder returns
| WWG | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | 3.2% | -0.2% |
| 30 Day | 90.9% | 1.7% | -2.0% |
| 90 Day | 23.5% | 9.9% | 1.8% |
| 1 Year | 103.2%103.2% | 73.1%70.1% | 16.3%12.7% |
| 3 Year | n/a | 126.5%110.9% | 27.9%12.4% |
| 5 Year | n/a | 78.2%59.3% | 60.3%29.5% |
Long-Term Price Volatility Vs. Market
How volatile is Wiseway Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Wiseway Group's (ASX:WWG) Strong Earnings Are Of Good Quality1 week ago | Simply Wall St
Has Wiseway Group (ASX:WWG) Got What It Takes To Become A Multi-Bagger?5 months ago | Simply Wall St
Is Wiseway Group (ASX:WWG) Using Too Much Debt?Valuation
Is Wiseway Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WWG (A$0.32) is trading below our estimate of fair value (A$1.38)
Significantly Below Fair Value: WWG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WWG is good value based on its PE Ratio (9.1x) compared to the XO Logistics industry average (12.3x).
PE vs Market: WWG is good value based on its PE Ratio (9.1x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: WWG is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: WWG is good value based on its PB Ratio (1.6x) compared to the XO Logistics industry average (2x).
Next Steps
Future Growth
How is Wiseway Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
15.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WWG's forecast earnings growth (15.5% per year) is above the savings rate (2%).
Earnings vs Market: WWG's earnings (15.5% per year) are forecast to grow faster than the Australian market (15.4% per year).
High Growth Earnings: WWG's earnings are forecast to grow, but not significantly.
Revenue vs Market: WWG's revenue (12% per year) is forecast to grow faster than the Australian market (5.6% per year).
High Growth Revenue: WWG's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WWG's Return on Equity is forecast to be low in 3 years time (17.6%).
Next Steps
Past Performance
How has Wiseway Group performed over the past 5 years?
-3.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WWG has high quality earnings.
Growing Profit Margin: WWG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: WWG has become profitable over the past 5 years, growing earnings by -3.5% per year.
Accelerating Growth: WWG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WWG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Logistics industry (-3.6%).
Return on Equity
High ROE: WWG's Return on Equity (17.8%) is considered low.
Next Steps
Financial Health
How is Wiseway Group's financial position?
Financial Position Analysis
Short Term Liabilities: WWG's short term assets (A$23.9M) exceed its short term liabilities (A$19.8M).
Long Term Liabilities: WWG's short term assets (A$23.9M) exceed its long term liabilities (A$21.1M).
Debt to Equity History and Analysis
Debt Level: WWG's debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WWG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WWG's debt is well covered by operating cash flow (267%).
Interest Coverage: WWG's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Wiseway Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WWG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WWG'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 WWG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WWG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WWG'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?
2.2yrs
Average board tenure
CEO
Roger Tong
no data
Tenure
AU$274,868
Compensation
Mr. Shigang Tong, also known as Roger, serves as Chief Executive Officer at Wiseway Group Limited and served as its Executive Director since January 22, 2007 until March 1, 2021. Mr. Tong has logistics ind...
CEO Compensation Analysis
Compensation vs Market: Roger's total compensation ($USD210.40K) is about average for companies of similar size in the Australian market ($USD297.11K).
Compensation vs Earnings: Roger's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 14.17yrs | AU$274.87k | 21.08% A$ 9.3m | |
| Independent Non-Executive Chairman | 1.33yrs | AU$93.33k | 0.043% A$ 18.9k | |
| Independent Non-Executive Director | 3yrs | AU$80.00k | 0.62% A$ 275.4k | |
| Non-Executive Director | 1.33yrs | no data | no data | |
| Non-Executive Director | no data | no data | no data |
2.2yrs
Average Tenure
Experienced Board: WWG's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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
Wiseway Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Wiseway Group Limited
- Ticker: WWG
- Exchange: ASX
- Founded: 2005
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: AU$44.200m
- Shares outstanding: 140.32m
- Website: https://www.wiseway.com.au
Location
- Wiseway Group Limited
- 39-43 Warren Avenue
- Bankstown
- New South Wales
- 2000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WWG | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Oct 2018 |
| WWG | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Oct 2018 |
Biography
Wiseway Group Limited, together with its subsidiaries, provides logistics and freight forwarding services in Australia. It offers air cargo services, including door to door, airport to airport, import and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 07:10 |
| End of Day Share Price | 2021/03/03 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.