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WTE

Westshore Terminals InvestmentTSX:WTE Stock Report

Market Cap

CA$1.7b

7D

-2.6%

1Y

87.7%

Updated

15 Oct, 2021

Data

Company Financials +
WTE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

WTE Overview

Westshore Terminals Investment Corporation, through its limited partnership interests in Westshore Terminals Limited Partnership, operates a coal storage and loading terminal at Roberts Bank, British Columbia in Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Westshore Terminals Investment
Historical stock prices
Current Share PriceCA$26.78
52 Week HighCA$13.12
52 Week LowCA$27.85
Beta0.95
1 Month Change9.26%
3 Month Change59.88%
1 Year Change87.67%
3 Year Change4.12%
5 Year Change0.60%
Change since IPO224.61%

Recent News & Updates

Oct 08
Is Now An Opportune Moment To Examine Westshore Terminals Investment Corporation (TSE:WTE)?

Is Now An Opportune Moment To Examine Westshore Terminals Investment Corporation (TSE:WTE)?

Westshore Terminals Investment Corporation ( TSE:WTE ), might not be a large cap stock, but it saw a significant share...

Aug 10
Here's What's Concerning About Westshore Terminals Investment's (TSE:WTE) Returns On Capital

Here's What's Concerning About Westshore Terminals Investment's (TSE:WTE) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...

Shareholder Returns

WTECA InfrastructureCA Market
7D-2.6%-2.0%2.4%
1Y87.7%-11.5%31.3%

Return vs Industry: WTE exceeded the Canadian Infrastructure industry which returned -11.8% over the past year.

Return vs Market: WTE exceeded the Canadian Market which returned 30.3% over the past year.

Price Volatility

Is WTE's price volatile compared to industry and market?
WTE volatility
WTE Beta0.95
Industry Beta1.55
Market Beta1

Stable Share Price: WTE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: WTE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970237William Stinsonhttps://www.westshore.com

Westshore Terminals Investment Corporation, through its limited partnership interests in Westshore Terminals Limited Partnership, operates a coal storage and loading terminal at Roberts Bank, British Columbia in Canada. It has contracts to ship coal from mines in British Columbia, Alberta, and the Northwestern United States. The company was founded in 1970 and is headquartered in Vancouver, Canada.

Westshore Terminals Investment Fundamentals Summary

How do Westshore Terminals Investment's earnings and revenue compare to its market cap?
WTE fundamental statistics
Market CapCA$1.69b
Earnings (TTM)CA$117.09m
Revenue (TTM)CA$349.00m

14.5x

P/E Ratio

4.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WTE income statement (TTM)
RevenueCA$349.00m
Cost of RevenueCA$164.75m
Gross ProfitCA$184.26m
ExpensesCA$67.17m
EarningsCA$117.09m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.85
Gross Margin52.79%
Net Profit Margin33.55%
Debt/Equity Ratio0%

How did WTE perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

39%

Payout Ratio

Valuation

Is Westshore Terminals Investment undervalued compared to its fair value and its price relative to the market?

14.47x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: WTE (CA$26.78) is trading above our estimate of fair value (CA$14.29)

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


Price To Earnings Ratio

PE vs Industry: WTE's PE Ratio (14.5x) is in line with the Global Infrastructure industry average.

PE vs Market: WTE is poor value based on its PE Ratio (14.5x) compared to the Canadian market (13.6x).


Price to Earnings Growth Ratio

PEG Ratio: WTE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: WTE is overvalued based on its PB Ratio (2.2x) compared to the XN Infrastructure industry average (1.3x).


Future Growth

How is Westshore Terminals Investment forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-9.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WTE's earnings are forecast to decline over the next 3 years (-9.5% per year).

Earnings vs Market: WTE's earnings are forecast to decline over the next 3 years (-9.5% per year).

High Growth Earnings: WTE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: WTE's revenue is expected to decline over the next 3 years (-14% per year).

High Growth Revenue: WTE's revenue is forecast to decline over the next 3 years (-14% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if WTE's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Westshore Terminals Investment performed over the past 5 years?

1.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WTE has high quality earnings.

Growing Profit Margin: WTE's current net profit margins (33.5%) are lower than last year (35.5%).


Past Earnings Growth Analysis

Earnings Trend: WTE's earnings have grown by 1.8% per year over the past 5 years.

Accelerating Growth: WTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WTE had negative earnings growth (-16.9%) over the past year, making it difficult to compare to the Infrastructure industry average (15.9%).


Return on Equity

High ROE: WTE's Return on Equity (15.4%) is considered low.


Financial Health

How is Westshore Terminals Investment's financial position?


Financial Position Analysis

Short Term Liabilities: WTE's short term assets (CA$233.2M) exceed its short term liabilities (CA$64.6M).

Long Term Liabilities: WTE's short term assets (CA$233.2M) do not cover its long term liabilities (CA$417.0M).


Debt to Equity History and Analysis

Debt Level: WTE is debt free.

Reducing Debt: WTE has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.

Debt Coverage: WTE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: WTE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Westshore Terminals Investment current dividend yield, its reliability and sustainability?

3.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WTE's dividend (3.73%) is higher than the bottom 25% of dividend payers in the Canadian market (1.6%).

High Dividend: WTE's dividend (3.73%) is low compared to the top 25% of dividend payers in the Canadian market (4.54%).


Stability and Growth of Payments

Stable Dividend: WTE's dividend payments have been volatile in the past 10 years.

Growing Dividend: WTE's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.1%), WTE's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: WTE's dividends in 3 years are forecast to be covered by earnings (77.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average board tenure


CEO

William Stinson (87 yo)

no data

Tenure

CA$145,000

Compensation

Mr. William W. Stinson serves as the President and Chief Executive Officer of Westshore Terminals Ltd. Mr. Stinson serves as the Chairman, Chief Executive Officer and President at Westshore Terminals Inves...


CEO Compensation Analysis

Compensation vs Market: William's total compensation ($USD117.21K) is below average for companies of similar size in the Canadian market ($USD2.02M).

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


Board Members

Experienced Board: WTE's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: WTE insiders have only sold shares 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

Westshore Terminals Investment Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Westshore Terminals Investment Corporation
  • Ticker: WTE
  • Exchange: TSX
  • Founded: 1970
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: CA$1.694b
  • Shares outstanding: 63.26m
  • Website: https://www.westshore.com

Number of Employees


Location

  • Westshore Terminals Investment Corporation
  • 1067 West Cordova Street
  • Suite 1800
  • Vancouver
  • British Columbia
  • V6C 1C7
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 23:24
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.