TSX:WTE

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Westshore Terminals Investment

Executive Summary

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. More Details


Snowflake Analysis

Excellent balance sheet second-rate dividend payer.

Share Price & News

How has Westshore Terminals Investment's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WTE is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: WTE's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.3%

WTE

1.7%

CA Infrastructure

-0.002%

CA Market


1 Year Return

-22.3%

WTE

-17.0%

CA Infrastructure

0.7%

CA Market

Return vs Industry: WTE matched the Canadian Infrastructure industry which returned -21.5% over the past year.

Return vs Market: WTE underperformed the Canadian Market which returned -0.8% over the past year.


Shareholder returns

WTEIndustryMarket
7 Day1.3%1.7%-0.002%
30 Day24.5%35.5%11.9%
90 Day0%19.6%5.7%
1 Year-19.1%-22.3%-15.1%-17.0%4.4%0.7%
3 Year-27.3%-34.1%-32.0%-44.1%12.7%1.7%
5 Year21.6%3.3%-20.6%-42.8%53.8%30.2%

Long-Term Price Volatility Vs. Market

How volatile is Westshore Terminals Investment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

8.24x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: WTE (CA$16.67) is trading above our estimate of fair value (CA$7.47)

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


Price To Earnings Ratio

PE vs Industry: WTE is good value based on its PE Ratio (8.2x) compared to the XX Infrastructure industry average (17.6x).

PE vs Market: WTE is good value based on its PE Ratio (8.2x) compared to the Canadian market (15.2x).


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 (1.5x) compared to the XN Infrastructure industry average (0.9x).


Next Steps

Future Growth

How is Westshore Terminals Investment forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-32.6%

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 (-32.6% per year).

Earnings vs Market: WTE's earnings are forecast to decline over the next 3 years (-32.6% 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 (-20.8% per year).

High Growth Revenue: WTE's revenue is forecast to decline over the next 3 years (-20.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WTE's Return on Equity is forecast to be low in 3 years time (8.6%).


Next Steps

Past Performance

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

0.05%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WTE has high quality earnings.

Growing Profit Margin: WTE's current net profit margins (34.7%) are lower than last year (35%).


Past Earnings Growth Analysis

Earnings Trend: WTE's earnings have grown by 0.05% 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 (-1%) over the past year, making it difficult to compare to the Infrastructure industry average (-20.6%).


Return on Equity

High ROE: WTE's Return on Equity (18.4%) is considered low.


Next Steps

Financial Health

How is Westshore Terminals Investment's financial position?


Financial Position Analysis

Short Term Liabilities: WTE's short term assets (CA$207.5M) exceed its short term liabilities (CA$72.6M).

Long Term Liabilities: WTE's short term assets (CA$207.5M) do not cover its long term liabilities (CA$437.4M).


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 0.04%.

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


Next Steps

Dividend

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

3.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WTE's dividend (3.84%) is higher than the bottom 25% of dividend payers in the Canadian market (1.63%).

High Dividend: WTE's dividend (3.84%) is low compared to the top 25% of dividend payers in the Canadian market (5.34%).


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 (31.6%), 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 (59.4% payout ratio).


Next Steps

Management

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

3.4yrs

Average board tenure


CEO

William Stinson (86 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 ($USD111.92K) is below average for companies of similar size in the Canadian market ($USD1.34M).

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


Board Members

NamePositionTenureCompensationOwnership
William Stinson
Chairmanno dataCA$145.00k0.11%
CA$ 1.1m
M. H. Ross
CFO & Director23.92yrsCA$130.00k0.039%
CA$ 414.0k
Nick Desmarais
VP of Corporate Development2.42yrsno datano data
Brian Canfield
Independent Director8.42yrsno data0.027%
CA$ 283.2k
Glen Clark
Independent Director7.42yrsno data0.0039%
CA$ 41.4k
Steve Akazawa
Independent Director2.42yrsno data0.0079%
CA$ 82.8k
H. Hollands
Independent Director3.42yrsno data0.0016%
CA$ 16.6k
Dianne Watts
Independent Director2.42yrsno datano data

3.4yrs

Average Tenure

65yo

Average Age

Experienced Board: WTE's board of directors are considered experienced (3.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: WTE 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

Westshore Terminals Investment Corporation's company bio, 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$1.051b
  • Shares outstanding: 63.44m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WTETSX (The Toronto Stock Exchange)YesCommon SharesCACADJan 1998
WTSH.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1998

Biography

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 Colum...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 23:29
End of Day Share Price2020/12/01 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.