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WIL

Wilmington LSE:WIL Stock Report

Last Price

UK£2.68

Market Cap

UK£234.4m

7D

-2.2%

1Y

24.1%

Updated

07 Aug, 2022

Data

Company Financials +
WIL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance6/6
Financial Health5/6
Dividends3/6

WIL Stock Overview

Wilmington plc provides data information, training, and education services to professional markets worldwide.

Wilmington Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wilmington
Historical stock prices
Current Share PriceUK£2.68
52 Week HighUK£2.80
52 Week LowUK£1.99
Beta0.94
1 Month Change13.08%
3 Month Change6.77%
1 Year Change24.07%
3 Year Change38.50%
5 Year Change9.22%
Change since IPO339.34%

Recent News & Updates

Shareholder Returns

WILGB Professional ServicesGB Market
7D-2.2%-1.2%0.5%
1Y24.1%-2.5%-6.8%

Return vs Industry: WIL exceeded the UK Professional Services industry which returned -2.5% over the past year.

Return vs Market: WIL exceeded the UK Market which returned -6.8% over the past year.

Price Volatility

Is WIL's price volatile compared to industry and market?
WIL volatility
WIL Average Weekly Movement4.4%
Professional Services Industry Average Movement4.3%
Market Average Movement5.4%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.7%

Stable Share Price: WIL is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: WIL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19951,000Mark Milnerhttps://wilmingtonplc.com

Wilmington plc provides data information, training, and education services to professional markets worldwide. The company operates in two divisions, Information & Data and Training & Education. The Information & Data division offers risk and compliance data to a range of industries, including insurance, pensions, and healthcare The Training & Education division provides compliance training and technical support comprising formal qualifications, continuing education, and mandatory training through instructor-led and self-guided formats for customers across various industries, such as financial services, accountancy, and healthcare.

Wilmington Fundamentals Summary

How do Wilmington's earnings and revenue compare to its market cap?
WIL fundamental statistics
Market CapUK£234.45m
Earnings (TTM)UK£13.93m
Revenue (TTM)UK£116.90m

16.8x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WIL income statement (TTM)
RevenueUK£116.90m
Cost of RevenueUK£98.02m
Gross ProfitUK£18.88m
Other ExpensesUK£4.95m
EarningsUK£13.93m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Sep 22, 2022

Earnings per share (EPS)0.16
Gross Margin16.15%
Net Profit Margin11.92%
Debt/Equity Ratio22.4%

How did WIL perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

40%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

WIL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2x
Enterprise Value/EBITDA11.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

WIL PE Ratio vs Peers
The above table shows the PE ratio for WIL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.1x
RCDO Ricardo
37.7x28.4%UK£252.5m
FNTL Fintel
13.4x-8.3%UK£206.5m
GTLY Gateley (Holdings)
17.3x7.1%UK£247.8m
ELIX Elixirr International
31.9x14.5%UK£323.3m
WIL Wilmington
16.8xn/aUK£234.4m

Price-To-Earnings vs Peers: WIL is good value based on its Price-To-Earnings Ratio (16.8x) compared to the peer average (25.1x).


Price to Earnings Ratio vs Industry

How does WIL's PE Ratio compare vs other companies in the GB Professional Services Industry?

Price-To-Earnings vs Industry: WIL is good value based on its Price-To-Earnings Ratio (16.8x) compared to the UK Professional Services industry average (17.8x)


Price to Earnings Ratio vs Fair Ratio

What is WIL'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.

WIL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.8x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: WIL (£2.68) is trading below our estimate of fair value (£6.09)

Significantly Below Fair Value: WIL is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Future Growth

How is Wilmington forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.8%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if WIL's forecast earnings growth is above the savings rate (0.9%).

Earnings vs Market: Insufficient data to determine if WIL's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if WIL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: WIL's revenue (3.8% per year) is forecast to grow slower than the UK market (4.1% per year).

High Growth Revenue: WIL's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WIL's Return on Equity is forecast to be high in 3 years time (29.7%)


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Past Performance

How has Wilmington performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


1.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WIL has high quality earnings.

Growing Profit Margin: WIL's current net profit margins (11.9%) are higher than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: WIL has become profitable over the past 5 years, growing earnings by 1.7% per year.

Accelerating Growth: WIL's earnings growth over the past year (133.9%) exceeds its 5-year average (1.7% per year).

Earnings vs Industry: WIL earnings growth over the past year (133.9%) exceeded the Professional Services industry 46.1%.


Return on Equity

High ROE: WIL's Return on Equity (24.5%) is considered high.


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Financial Health

How is Wilmington's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: WIL's short term assets (£50.6M) do not cover its short term liabilities (£54.2M).

Long Term Liabilities: WIL's short term assets (£50.6M) exceed its long term liabilities (£23.6M).


Debt to Equity History and Analysis

Debt Level: WIL has more cash than its total debt.

Reducing Debt: WIL's debt to equity ratio has reduced from 131.2% to 22.4% over the past 5 years.

Debt Coverage: WIL's debt is well covered by operating cash flow (120.4%).

Interest Coverage: WIL's interest payments on its debt are well covered by EBIT (10.4x coverage).


Balance Sheet


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Dividend

What is Wilmington current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.35%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: WIL's dividend (2.35%) is higher than the bottom 25% of dividend payers in the UK market (1.87%).

High Dividend: WIL's dividend (2.35%) is low compared to the top 25% of dividend payers in the UK market (5.13%).


Stability and Growth of Payments

Stable Dividend: WIL's dividend payments have been volatile in the past 10 years.

Growing Dividend: WIL's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.6%), WIL's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (42.6%), WIL's dividend payments are well covered by cash flows.


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Management

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

3.1yrs

Average management tenure


CEO

Mark Milner

3.08yrs

Tenure

UK£769,000

Compensation

Mr. Mark F. Milner is the Chief Executive Officer and Executive Director of Wilmington plc since joining in July 1, 2019. He joined Wilmington from the Daily Mail and General Trust plc (‘DMGT’) where since...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD926.25K) is about average for companies of similar size in the UK market ($USD716.00K).

Compensation vs Earnings: Mark's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: WIL's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: WIL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wilmington plc's employee growth, exchange listings and data sources


Key Information

  • Name: Wilmington plc
  • Ticker: WIL
  • Exchange: LSE
  • Founded: 1995
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Implied Market Cap: UK£234.445m
  • Shares outstanding: 87.48m
  • Website: https://wilmingtonplc.com

Number of Employees


Location

  • Wilmington plc
  • 10 Whitechapel High Street
  • London
  • Greater London
  • E1 8QS
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.