21Q0 Stock Overview

Operates as a travel retailer in the United Kingdom, North America, Australia, Ireland, Spain, and internationally. More details

21Q0 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	1/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 26.5% below our estimate of its fair value

Earnings are forecast to grow 17.39% per year

Risk Analysis

Shares are highly illiquid

Large one-off items impacting financial results

Has a high level of debt

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

WH Smith PLC Competitors

Douglas

XTRA:DOU

€2.2b

Fielmann Group

XTRA:FIE

€3.7b

HORNBACH Baumarkt

HMSE:HBM

€2.0b

Ceconomy

XTRA:CEC

€1.5b

Price History & Performance

Summary of share price highs, lows and changes for WH Smith
Historical stock prices
Current Share Price	UK£7.00
52 Week High	UK£7.65
52 Week Low	UK£6.10
Beta	1.66
1 Month Change	0%
3 Month Change	-0.71%
1 Year Change	-4.76%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	2.19%

Recent updates

Shareholder Returns

	21Q0	DE Specialty Retail	DE Market
7D	0%	1.4%	0.6%
1Y	-4.8%	60.3%	13.3%

Return vs Industry: 21Q0 underperformed the German Specialty Retail industry which returned 35.8% over the past year.

Return vs Market: 21Q0 underperformed the German Market which returned 9.7% over the past year.

Price Volatility

Is 21Q0's price volatile compared to industry and market?
21Q0 volatility
21Q0 Average Weekly Movement	n/a
Specialty Retail Industry Average Movement	5.9%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.4%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 21Q0's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine 21Q0's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1792	14,935	Carl Cowling	www.whsmithplc.co.uk

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers.

WH Smith PLC Fundamentals Summary

How do WH Smith's earnings and revenue compare to its market cap?
21Q0 fundamental statistics
Market cap	€1.96b
Earnings (TTM)	€80.81m
Revenue (TTM)	€2.31b

24.2x

P/E Ratio

0.8x

P/S Ratio

Is 21Q0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
21Q0 income statement (TTM)
Revenue	UK£1.92b
Cost of Revenue	UK£706.00m
Gross Profit	UK£1.21b
Other Expenses	UK£1.15b
Earnings	UK£67.00m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

Apr 16, 2025

Earnings per share (EPS)	0.52
Gross Margin	63.19%
Net Profit Margin	3.49%
Debt/Equity Ratio	95.7%

How did 21Q0 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

65%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/09 17:32
End of Day Share Price	2024/09/11 00:00
Earnings	2024/08/31
Annual Earnings	2024/08/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

WH Smith PLC is covered by 35 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Richard Taylor	Barclays
Benjamin Sandland-Taylor	Berenberg
Ian Macdougall	Blue Oar Securities