Whitehaven Coal (DB:WC2) - Stock Price, News & Analysis

WC2 Stock Overview

Develops and operates coal mines in New South Wales and Queensland. More details

WC2 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	1/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 66.3% below our estimate of its fair value

Earnings are forecast to grow 17.77% per year

Analysts in good agreement that stock price will rise by 27.7%

Risk Analysis

Large one-off items impacting financial results

Profit margins (9.3%) are lower than last year (43.9%)

Dividend of 2.91% is not well covered by free cash flows

Whitehaven Coal Limited Competitors

EnviTec Biogas

XTRA:ETG

€447.0m

CropEnergies

XTRA:CE2

€1.0b

CropEnergies

HMSE:CE2

€1.2b

Friedrich Vorwerk Group

XTRA:VH2

€564.0m

Price History & Performance

Summary of all time highs, changes and price drops for Whitehaven Coal
Historical stock prices
Current Share Price	AU$4.16
52 Week High	AU$5.65
52 Week Low	AU$3.28
Beta	0.17
11 Month Change	0.27%
3 Month Change	-3.64%
1 Year Change	2.01%
33 Year Change	165.10%
5 Year Change	111.27%
Change since IPO	265.09%

Recent updates

Shareholder Returns

	WC2	DE Oil and Gas	DE Market
7D	3.0%	2.2%	-0.2%
1Y	2.0%	-36.3%	7.8%

Return vs Industry: WC2 exceeded the German Oil and Gas industry which returned -39.4% over the past year.

Return vs Market: WC2 underperformed the German Market which returned 7.9% over the past year.

Price Volatility

Is WC2's price volatile compared to industry and market?
WC2 volatility
WC2 Average Weekly Movement	6.0%
Oil and Gas Industry Average Movement	6.2%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.1%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: WC2 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: WC2's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	n/a	Paul Flynn	www.whitehavencoal.com.au

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. The company produces metallurgical and thermal coal. It operates mines, including open cut and underground located in the Gunnedah Coal Basin in New South Wales.

Whitehaven Coal Limited Fundamentals Summary

How do Whitehaven Coal's earnings and revenue compare to its market cap?
WC2 fundamental statistics
Market cap	€3.54b
Earnings (TTM)	€218.83m
Revenue (TTM)	€2.36b

16.2x

P/E Ratio

1.5x

P/S Ratio

Is WC2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WC2 income statement (TTM)
Revenue	AU$3.83b
Cost of Revenue	AU$1.91b
Gross Profit	AU$1.92b
Other Expenses	AU$1.57b
Earnings	AU$355.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.42
Gross Margin	50.13%
Net Profit Margin	9.27%
Debt/Equity Ratio	30.9%

How did WC2 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

45%

Payout Ratio

WC2 Stock Overview

Rewards

Risk Analysis

Whitehaven Coal Limited Competitors

XTRA:ETG

€447.0m

XTRA:CE2

€1.0b

HMSE:CE2

€1.2b

XTRA:VH2

€564.0m

Price History & Performance

Recent News & Updates

Whitehaven Coal Limited Reaffirms Group Production Guidance for the Fiscal Year 2025

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 15%

Whitehaven Coal Limited Announces Fully Franked Ordinary Dividend for the Six Months Ended June 30, 2024, Payable on September 17, 2024

Final dividend of AU$0.13 announced

JFE Steel Corporation agreed to acquire 10% stake in Blackwater Coal Mine In Australia from Whitehaven Coal Limited (ASX:WHC) for $360 million.

Recent updates

Whitehaven Coal Limited Reaffirms Group Production Guidance for the Fiscal Year 2025

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 15%

Whitehaven Coal Limited Announces Fully Franked Ordinary Dividend for the Six Months Ended June 30, 2024, Payable on September 17, 2024

Final dividend of AU$0.13 announced

JFE Steel Corporation agreed to acquire 10% stake in Blackwater Coal Mine In Australia from Whitehaven Coal Limited (ASX:WHC) for $360 million.

New minor risk - Earnings quality

Nippon Steel Australia Pty Limited agreed to acquire 20% stake in Blackwater Coal Mine In Australia from Whitehaven Coal Limited (ASX:WHC) for $720 million.

Glencore Reportedly Eyes Anglo Coal Assets

Investor sentiment improves as stock rises 18%

Anglo American Reportedly Sets Up for AUD 7.5 Billion Coal Exit

New major risk - Revenue and earnings growth

Whitehaven Coal Limited (ASX:WHC) completed the acquisition of Metallurgical Coal Assets in Australia from Mitsubishi Development Pty Ltd and BHP Group Limited (ASX : BHP).

Deal Close on Whitehaven's Blackwater Mine Sell Down

First half dividend of AU$0.07 announced

New major risk - Revenue and earnings growth

First half 2024 earnings released: EPS: AU$0.32 (vs AU$1.99 in 1H 2023)

New major risk - Earnings quality

Whitehaven Coal Limited, Annual General Meeting, Oct 24, 2024

Now 20% undervalued

Investor sentiment improves as stock rises 15%

Whitehaven Coal Limited (ASX:WHC) agreed to acquire Metallurgical Coal Assets in Australia from Mitsubishi Development Pty Ltd and BHP Group Limited (ASX : BHP) for $4.1 billion.

New minor risk - Share price stability

Whitehaven Coal Limited to Report First Half, 2024 Results on Feb 15, 2024

Whitehaven Coal Receives a Shareholder Proposal from Market Forces

Whitehaven Reportedly Leads the Way in Auction for BHP Coal Mines

Whitehaven Coal Limited Provides Production Guidance for the Year 2024

Full year 2023 earnings released: EPS: AU$3.08 (vs AU$1.98 in FY 2022)

Daunia Mine Reportedly Bid Possible Without Whitehaven Equity Raising

New minor risk - Share price stability

Independent Non-Executive Director recently bought €54k worth of stock

Non-Executive Director recently bought €648k worth of stock

Whitehaven Coal Limited Appoints Wallis Graham as Independent Non-Executive Director

Whitehaven Coal Limited Announces Dividend for the Period of Six Months Ended 31 December 2022, Payable on 10 March 2023

First half 2023 earnings released: EPS: AU$1.99 (vs AU$0.34 in 1H 2022)

Whitehaven Coal Limited, Annual General Meeting, Oct 26, 2023

Now 21% undervalued after recent price drop

Now 21% undervalued

Independent Non-Executive Director recently sold €134k worth of stock

Now 21% undervalued

MD, CEO & Director recently sold €5.1m worth of stock

Non-Executive Director recently bought €800k worth of stock

Insufficient new directors

Investor sentiment deteriorated over the past week

Whitehaven Coal Limited Revises Production Guidance for the Year 2023

Whitehaven Coal Limited Announces Board Changes

Now 21% undervalued

Whitehaven Coal Limited to Report First Half, 2023 Results on Feb 16, 2023

Investor sentiment improved over the past week

Key Executive recently bought €1.5m worth of stock

Full year 2022 earnings released: EPS: AU$1.98 (vs AU$0.55 loss in FY 2021)

John Conde AO Not to Stand for Re-Election as Deputy Chairman and Non-Executive Director of Whitehaven Coal Limited

Now 23% undervalued

Insufficient new directors

Now 22% undervalued

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Whitehaven Coal Limited Announces Unfranked Distribution for the Six Months Period Ended December 31, 2021, Payable on March 11, 2022

Insider recently sold €21m worth of stock

Non-Executive Director recently bought €339k worth of stock