Washington H. Soul Pattinson and Company Limited, together with its subsidiaries, engages in the equity investment, mining, and property investment businesses.
Established dividend payer with adequate balance sheet.
Share Price & News
How has Washington H. Soul Pattinson's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WD3 has not had significant price volatility in the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: WD3 underperformed the German Oil and Gas industry which returned 57.2% over the past year.
Return vs Market: WD3 underperformed the German Market which returned 6.5% over the past year.
Price Volatility Vs. Market
How volatile is Washington H. Soul Pattinson's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Washington H. Soul Pattinson undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WD3 (€12.2) is trading above our estimate of fair value (€7.11)
Significantly Below Fair Value: WD3 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WD3 is poor value based on its PE Ratio (19.8x) compared to the Oil and Gas industry average (10.2x).
PE vs Market: WD3 is good value based on its PE Ratio (19.8x) compared to the German market (20x).
Price to Earnings Growth Ratio
PEG Ratio: WD3 is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: WD3 is overvalued based on its PB Ratio (1.4x) compared to the DE Oil and Gas industry average (1.1x).
How is Washington H. Soul Pattinson forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WD3's forecast earnings growth (10.6% per year) is above the savings rate (-0.4%).
Earnings vs Market: WD3's earnings (10.6% per year) are forecast to grow slower than the German market (13.1% per year).
High Growth Earnings: WD3's earnings are forecast to grow, but not significantly.
Revenue vs Market: WD3's revenue (12.4% per year) is forecast to grow faster than the German market (5.1% per year).
High Growth Revenue: WD3's revenue (12.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WD3's Return on Equity is forecast to be low in 3 years time (8.6%).
How has Washington H. Soul Pattinson performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WD3 has high quality earnings.
Growing Profit Margin: WD3's current net profit margins (15.2%) are lower than last year (24%).
Past Earnings Growth Analysis
Earnings Trend: WD3's earnings have grown significantly by 23.6% per year over the past 5 years.
Accelerating Growth: WD3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WD3 had negative earnings growth (-18.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-5.2%).
Return on Equity
High ROE: WD3's Return on Equity (8%) is considered low.
How is Washington H. Soul Pattinson's financial position?
Financial Position Analysis
Short Term Liabilities: WD3's short term assets (A$486.8M) exceed its short term liabilities (A$305.0M).
Long Term Liabilities: WD3's short term assets (A$486.8M) do not cover its long term liabilities (A$1.1B).
Debt to Equity History and Analysis
Debt Level: WD3's debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: WD3's debt to equity ratio has increased from 2.4% to 8.8% over the past 5 years.
Debt Coverage: WD3's debt is well covered by operating cash flow (92.7%).
Interest Coverage: WD3's interest payments on its debt are well covered by EBIT (13.1x coverage).
Inventory Level: WD3 has a high level of physical assets or inventory.
Debt Coverage by Assets: WD3's debt is covered by short term assets (assets are 1.2x debt).
What is Washington H. Soul Pattinson's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WD3's dividend (2.84%) is higher than the bottom 25% of dividend payers in the German market (1.46%).
High Dividend: WD3's dividend (2.84%) is low compared to the top 25% of dividend payers in the German market (3.81%).
Stability and Growth of Payments
Stable Dividend: WD3's dividends per share have been stable in the past 10 years.
Growing Dividend: WD3's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.1%), WD3's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WD3's dividends in 3 years are forecast to be well covered by earnings (43% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Todd Barlow (40yo)
Mr. Todd James Barlow, B.Bus, LLB(Hons)(UTS), has been Chief Executive Officer, Managing Director and Executive Director at Washington H. Soul Pattinson and Company Limited (WHSP) since April 1, 2014, Octo ...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD2.19M) is about average for companies of similar size in the German market ($USD2.69M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
|MD, CEO & Executive Director||5.8yrs||AU$3.34m||0.018% A$518.3k|
|Chief Financial Officer||1.8yrs||AU$927.71k||no data|
|Company Secretary||12.6yrs||AU$567.72k||0.0010% A$30.7k|
|Managing Director of KH Foods Limited||0yrs||AU$357.00k||no data|
|Chief Executive Officer of Telecommunications - SP Telemedia Limited||0yrs||AU$605.00k||no data|
|Executive Officer of New Hope Corporation Limited||0yrs||AU$476.00k||no data|
Experienced Management: WD3's management team is seasoned and experienced (5.8 years average tenure).
|MD, CEO & Executive Director||5.8yrs||AU$3.34m||0.018% A$518.3k|
|Lead Independent Director||2.1yrs||AU$202.34k||0.015% A$435.4k|
|Non-Executive Independent Director||2.2yrs||AU$192.34k||0.00075% A$22.1k|
|Non-Executive Director||9.1yrs||AU$174.84k||0.24% A$7.1m|
|Independent Chairman of the Board||22.1yrs||AU$403.85k||5.38% A$158.8m|
|Non-Executive Independent Director||5.3yrs||AU$203.34k||0.020% A$579.5k|
|Non-Executive Independent Director||14.1yrs||AU$204.84k||0.0099% A$292.8k|
Experienced Board: WD3's board of directors are considered experienced (5.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Washington H. Soul Pattinson and Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Washington H. Soul Pattinson and Company Limited
- Ticker: WD3
- Exchange: BST
- Founded: 1872
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$4.893b
- Listing Market Cap: AU$2.952b
- Shares outstanding: 239.40m
- Website: https://www.whsp.com.au
Number of Employees
- Washington H. Soul Pattinson and Company Limited
- 151 Clarence Street
- Level 14
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SOL||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|WD3||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|SOL||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|WHPC.F||OTCPK (Pink Sheets LLC)||SHS||US||USD||Feb 2007|
Washington H. Soul Pattinson and Company Limited, together with its subsidiaries, engages in the equity investment, mining, and property investment businesses. It is involved in the coal, oil, and gas activities, which include exploration, development, production, processing, associated transport infrastructure, and ancillary activities. The company also engages in zinc, copper, and goldmining activities comprising exploration, mining, and processing of ore into copper concentrate, copper sulphide, and gold. In addition, it invests in equities, properties, loans, cash, and term deposits. Washington H. Soul Pattinson and Company Limited was founded in 1872 and is based in Sydney, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 22:14|
|End of Day Share Price||2020/02/26 00:00|
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.