Washington H. Soul Pattinson and Company Limited

BST:WD3 Stock Report

Market Cap: €7.6b

Washington H. Soul Pattinson Valuation

Is WD3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of WD3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WD3 (€20.8) is trading above our estimate of fair value (€18.15)

Significantly Below Fair Value: WD3 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WD3?

Key metric: As WD3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WD3. This is calculated by dividing WD3's market cap by their current earnings.
What is WD3's PE Ratio?
PE Ratio25.6x
EarningsAU$498.80m
Market CapAU$12.75b

Price to Earnings Ratio vs Peers

How does WD3's PE Ratio compare to its peers?

The above table shows the PE ratio for WD3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37x
DWS DWS Group GmbH KGaA
13.2x13.0%€7.9b
HYQ Hypoport
38x28.9%€1.2b
PBB Deutsche Pfandbriefbank
10.3x35.1%€636.1m
T2G Tradegate Wertpapierhandelsbank
86.6xn/a€2.2b
WD3 Washington H. Soul Pattinson
25.6x-3.4%€12.8b

Price-To-Earnings vs Peers: WD3 is good value based on its Price-To-Earnings Ratio (25.6x) compared to the peer average (37x).

Price to Earnings Ratio vs Industry

How does WD3's PE Ratio compare vs other companies in the European Diversified Financial Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
WD3 25.6xIndustry Avg. 12.6xNo. of Companies13PE01020304050+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WD3 is expensive based on its Price-To-Earnings Ratio (25.6x) compared to the European Diversified Financial industry average (12.6x).

Price to Earnings Ratio vs Fair Ratio

What is WD3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WD3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate WD3's Price-To-Earnings Fair Ratio for valuation analysis.

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 WD3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€21.69
0%
3.3%€22.40€20.98n/a2
Dec ’25n/a
€21.61
0%
2.3%€22.11€21.11n/a2
Nov ’25n/a
€21.61
0%
2.3%€22.11€21.11n/a2
Oct ’25n/a
€21.61
0%
2.3%€22.11€21.11n/a2
Sep ’25n/a
€20.98
0%
2.3%€21.46€20.50n/a2
Aug ’25n/a
€20.98
0%
2.3%€21.46€20.50n/a2
Jul ’25n/a
€20.69
0%
3.8%€21.47€19.90n/a2
Jun ’25€19.40
€20.69
+6.6%
3.8%€21.47€19.90n/a2
May ’25n/a
€20.69
0%
3.8%€21.47€19.90n/a2
Apr ’25n/a
€20.69
0%
3.8%€21.47€19.90n/a2
Mar ’25n/a
€20.46
0%
4.1%€21.31€19.62n/a2
Feb ’25n/a
€20.46
0%
4.1%€21.31€19.62n/a2
Jan ’25€19.60
€20.46
+4.4%
4.1%€21.31€19.62n/a2
Dec ’24n/a
€18.71
0%
12.7%€21.09€16.32n/a2
Nov ’24€20.60
€18.71
-9.2%
12.7%€21.09€16.32n/a2
Oct ’24€19.90
€17.78
-10.7%
6.5%€18.94€16.62n/a2
Sep ’24n/a
€17.78
0%
6.5%€18.94€16.62n/a2
Aug ’24n/a
€17.78
0%
6.5%€18.94€16.62n/a2
Jul ’24n/a
€17.78
0%
6.5%€18.94€16.62n/a2
Jun ’24n/a
€17.78
0%
6.5%€18.94€16.62€19.402
May ’24€19.30
€17.78
-7.9%
6.5%€18.94€16.62n/a2
Apr ’24n/a
€17.78
0%
6.5%€18.94€16.62n/a2
Mar ’24n/a
€18.19
0%
4.8%€19.06€17.32n/a2
Feb ’24n/a
€18.19
0%
4.8%€19.06€17.32n/a2
Jan ’24n/a
€18.19
0%
4.8%€19.06€17.32€19.602
Dec ’23n/a
€18.19
0%
4.8%€19.06€17.32n/a2

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 Analysis2024/12/26 17:26
End of Day Share Price 2024/12/17 00:00
Earnings2024/07/31
Annual Earnings2024/07/31

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

Washington H. Soul Pattinson and Company Limited is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ivor RiesEL&C Baillieu
Steven SassineMorgans Financial Limited
Johannes FaulMorningstar Inc.