William Hill
- Home ›
- GB ›
- Consumer Services
William Hill plc provides sports betting and gaming services in the United Kingdom and internationally. The last earnings update was 83 days ago. More info.
Add to Portfolio Compare Print
- William Hill has significant price volatility in the past 3 months.
WMH Share Price and Events
7 Day Returns
1 Year Returns
WMH Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| William Hill (WMH) | -2.8% | -20.2% | -27.4% | -58.9% | -57.3% | -62.4% |
| GB Hospitality | 0.3% | -0.1% | -2.9% | -8.7% | 9.7% | 28.7% |
| GB Market | 0.5% | -1.7% | 2.1% | -5.4% | 13.8% | 1.8% |
1 Year Return vs Industry and Market
- WMH underperformed the Hospitality industry which returned -8.7% over the past year.
- WMH underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.4% over the past year.
WMH Value
Is William Hill undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
William Hill
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for William Hill.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 11 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.6% |
| Perpetual Growth Rate | 10-Year GB Government Bond Rate | 1.2% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year GB Govt Bond Rate | 1.2% |
| Equity Risk Premium | S&P Global | 6.7% |
| Hospitality Unlevered Beta | Simply Wall St/ S&P Global | 0.93 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.927 (1 + (1- 19%) (61.76%)) |
1.262 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.26 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.262 * 6.65%) |
9.62% |
Discounted Cash Flow Calculation for LSE:WMH using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for William Hill is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (GBP, Millions) | Source |
Present Value Discounted (@ 9.62%) |
|
|---|---|---|---|
| 2019 | 37.70 | Analyst x2 | 34.39 |
| 2020 | 79.38 | Analyst x5 | 66.06 |
| 2021 | 95.40 | Analyst x2 | 72.43 |
| 2022 | 98.19 | Est @ 2.93% | 68.01 |
| 2023 | 100.57 | Est @ 2.42% | 63.54 |
| 2024 | 102.64 | Est @ 2.06% | 59.16 |
| 2025 | 104.50 | Est @ 1.81% | 54.94 |
| 2026 | 106.21 | Est @ 1.64% | 50.94 |
| 2027 | 107.81 | Est @ 1.51% | 47.18 |
| 2028 | 109.35 | Est @ 1.43% | 43.65 |
| Present value of next 10 years cash flows | £560.30 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= £109.35 × (1 + 1.23%) ÷ (9.62% – 1.23%) |
£1,319.13 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= £1,319.13 ÷ (1 + 9.62%)10 |
£526.56 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= £560.30 + £526.56 |
£1,086.86 |
| Equity Value per Share (GBP) |
= Total value / Shares Outstanding
= £1,086.86 / 873.55 |
£1.24 |
| Calculation | Result | |
|---|---|---|
| Value per share (GBP) | From above. | £1.24 |
| Current discount | Discount to share price of
£1.33
= -1 x (£1.33 - £1.24) / £1.24 |
-7.2% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of William Hill is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for William Hill's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
William Hill's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-01-01) in GBP | £-0.84 |
| LSE:WMH Share Price ** | LSE (2019-05-23) in GBP | £1.33 |
| United Kingdom of Great Britain and Northern Ireland Hospitality Industry PE Ratio | Median Figure of 34 Publicly-Listed Hospitality Companies | 18.11x |
| United Kingdom of Great Britain and Northern Ireland Market PE Ratio | Median Figure of 789 Publicly-Listed Companies | 16.47x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of William Hill.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = LSE:WMH Share Price ÷ EPS (both in GBP) = 1.33 ÷ -0.84 |
-1.6x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- William Hill is loss making, we can't compare its value to the GB Hospitality industry average.
- William Hill is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does
William Hill's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -1.6x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts |
116.4%per year |
| United Kingdom of Great Britain and Northern Ireland Hospitality Industry PEG Ratio | Median Figure of 28 Publicly-Listed Hospitality Companies | 2.05x |
| United Kingdom of Great Britain and Northern Ireland Market PEG Ratio | Median Figure of 574 Publicly-Listed Companies | 1.46x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for William Hill, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
William Hill's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-01-01) in GBP | £0.35 |
| LSE:WMH Share Price * | LSE (2019-05-23) in GBP | £1.33 |
| United Kingdom of Great Britain and Northern Ireland Hospitality Industry PB Ratio | Median Figure of 54 Publicly-Listed Hospitality Companies | 1.38x |
| United Kingdom of Great Britain and Northern Ireland Market PB Ratio | Median Figure of 1,369 Publicly-Listed Companies | 1.5x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = LSE:WMH Share Price ÷ Book Value per Share (both in GBP) = 1.33 ÷ 0.35 |
3.84x |
* Primary Listing of William Hill.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- William Hill is overvalued based on assets compared to the GB Hospitality industry average.
Value checks
We assess William Hill's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check) William Hill has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
WMH Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- William Hill's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
- William Hill's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
- William Hill's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| LSE:WMH Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts | 116.4% |
| LSE:WMH Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts | 3.6% |
| United Kingdom of Great Britain and Northern Ireland Hospitality Industry Earnings Growth Rate | Market Cap Weighted Average | 12% |
| United Kingdom of Great Britain and Northern Ireland Hospitality Industry Revenue Growth Rate | Market Cap Weighted Average | 5.8% |
| United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate | Market Cap Weighted Average | 10.9% |
| United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate | Market Cap Weighted Average | 5% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
| Date (Data in GBP Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 1,798 | 286 | 146 | 7 |
| 2020-12-31 | 1,739 | 231 | 101 | 11 |
| 2019-12-31 | 1,645 | 192 | 75 | 10 |
| Date (Data in GBP Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-01-01 | 1,621 | 198 | -716 |
| 2018-10-01 | 1,619 | 242 | -729 |
| 2018-06-26 | 1,735 | 286 | -968 |
| 2018-03-26 | 1,723 | 288 | -525 |
| 2017-12-26 | 1,593 | 290 | 142 |
| 2017-09-26 | 1,580 | 253 | 152 |
| 2017-06-27 | 1,568 | 215 | 161 |
| 2017-03-27 | 1,586 | 240 | 163 |
| 2016-12-27 | 1,604 | 266 | 165 |
| 2016-09-27 | 1,601 | 287 | 185 |
| 2016-06-28 | 1,597 | 308 | 205 |
| 2016-03-28 | 1,594 | 304 | 198 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
All data from William Hill Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in GBP Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 0.18 | 0.18 | 0.17 | 2.00 |
| 2020-12-31 | 0.13 | 0.15 | 0.10 | 6.00 |
| 2019-12-31 | 0.09 | 0.11 | 0.08 | 3.00 |
| Date (Data in GBP Millions) | EPS * |
|---|---|
| 2019-01-01 | -0.84 |
| 2018-10-01 | -0.85 |
| 2018-06-26 | -1.13 |
| 2018-03-26 | -0.61 |
| 2017-12-26 | 0.17 |
| 2017-09-26 | 0.18 |
| 2017-06-27 | 0.19 |
| 2017-03-27 | 0.19 |
| 2016-12-27 | 0.19 |
| 2016-09-27 | 0.21 |
| 2016-06-28 | 0.23 |
| 2016-03-28 | 0.22 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess William Hill's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
William Hill has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
WMH Past Performance
How has William Hill performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- William Hill does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare William Hill's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare William Hill's 1-year growth to the GB Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
All data from William Hill Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in GBP Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-01-01 | 1,621.30 | -716.10 | ||
| 2018-10-01 | 1,619.10 | -729.00 | -0.20 | |
| 2018-06-26 | 1,735.20 | -967.50 | -0.90 | |
| 2018-03-26 | 1,723.15 | -525.35 | -0.70 | |
| 2017-12-26 | 1,592.80 | 142.40 | ||
| 2017-09-26 | 1,580.35 | 151.60 | -0.40 | |
| 2017-06-27 | 1,567.90 | 160.80 | -0.80 | |
| 2017-03-27 | 1,585.85 | 162.65 | -0.90 | |
| 2016-12-27 | 1,603.80 | 164.50 | -1.00 | |
| 2016-09-27 | 1,600.50 | 184.80 | -1.05 | |
| 2016-06-28 | 1,597.20 | 205.10 | -1.10 | |
| 2016-03-28 | 1,594.05 | 197.50 | -1.15 | |
| 2015-12-29 | 1,590.90 | 189.90 | -1.20 | |
| 2015-09-29 | 1,601.55 | 183.55 | 65.30 | |
| 2015-06-30 | 1,612.20 | 177.20 | 131.80 | |
| 2015-03-31 | 1,610.75 | 191.75 | 132.25 | |
| 2014-12-30 | 1,609.30 | 206.30 | 132.70 | |
| 2014-09-30 | 1,574.70 | 198.85 | 66.70 | |
| 2014-07-01 | 1,540.10 | 191.40 | 0.70 | |
| 2014-04-01 | 1,513.30 | 201.30 | 0.70 | |
| 2013-12-31 | 1,486.50 | 211.20 | 0.70 | |
| 2013-09-30 | 1,443.60 | 210.10 | 0.85 | |
| 2013-07-02 | 1,400.70 | 209.00 | 1.00 | |
| 2013-04-02 | 1,338.80 | 199.40 | 1.20 | |
| 2013-01-01 | 1,276.90 | 189.80 | 1.40 | |
| 2012-10-01 | 1,236.80 | 159.00 | 8.65 | |
| 2012-06-26 | 1,196.70 | 128.20 | 15.90 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if William Hill has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if William Hill has efficiently used its assets last year compared to the GB Hospitality industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if William Hill improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess William Hill's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
William Hill has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
WMH Health
How is William Hill's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up William Hill's finances.
The net worth of a company is the difference between its assets and liabilities.
- William Hill is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- William Hill's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from William Hill Company Filings, last reported 4 months ago.
| Date (Data in GBP Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-01-01 | 298.90 | 719.70 | 510.50 |
| 2018-10-01 | 298.90 | 719.70 | 510.50 |
| 2018-06-26 | 238.50 | 721.40 | 544.90 |
| 2018-03-26 | 238.50 | 721.40 | 544.90 |
| 2017-12-26 | 1,062.70 | 720.50 | 317.00 |
| 2017-09-26 | 1,062.70 | 720.50 | 317.00 |
| 2017-06-27 | 1,237.80 | 719.50 | 227.00 |
| 2017-03-27 | 1,237.80 | 719.50 | 227.00 |
| 2016-12-27 | 1,225.50 | 718.60 | 215.50 |
| 2016-09-27 | 1,225.50 | 718.60 | 215.50 |
| 2016-06-28 | 1,220.30 | 1,017.30 | 535.90 |
| 2016-03-28 | 1,220.30 | 1,017.30 | 535.90 |
| 2015-12-29 | 1,215.80 | 668.60 | 282.10 |
| 2015-09-29 | 1,215.80 | 668.60 | 282.10 |
| 2015-06-30 | 1,128.10 | 667.30 | 227.60 |
| 2015-03-31 | 1,128.10 | 667.30 | 227.60 |
| 2014-12-30 | 1,160.30 | 716.10 | 222.10 |
| 2014-09-30 | 1,160.30 | 716.10 | 222.10 |
| 2014-07-01 | 1,079.30 | 835.00 | 219.30 |
| 2014-04-01 | 1,079.30 | 835.00 | 219.30 |
| 2013-12-31 | 1,023.30 | 895.90 | 206.70 |
| 2013-09-30 | 1,023.30 | 895.90 | 206.70 |
| 2013-07-02 | 1,043.10 | 894.50 | 170.20 |
| 2013-04-02 | 1,043.10 | 894.50 | 170.20 |
| 2013-01-01 | 1,037.00 | 402.70 | 151.70 |
| 2012-10-01 | 1,037.00 | 402.70 | 151.70 |
| 2012-06-26 | 964.00 | 471.60 | 197.30 |
- William Hill's level of debt (240.8%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (87.3% vs 240.8% today).
- Debt is well covered by operating cash flow (27.5%, greater than 20% of total debt).
- William Hill is making a loss, therefore interest payments are not well covered by earnings.
Financial health checks
We assess William Hill's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) William Hill has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
WMH Dividends
What is William Hill's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
£2,000 of
William Hill
shares you are expected to receive
£180
in your first year as a dividend.
Dividend Amount
- William Hill's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.98%).
- William Hill's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.3%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
| United Kingdom of Great Britain and Northern Ireland Hospitality Industry Average Dividend Yield | Market Cap Weighted Average of 32 Stocks | 3.2% |
| United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield | Market Cap Weighted Average of 706 Stocks | 4.3% |
| United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield | 10th Percentile | 1% |
| United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield | 25th Percentile | 2% |
| United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield | 75th Percentile | 5.3% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in £) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 0.09 | 9.00 |
| 2020-12-31 | 0.09 | 14.00 |
| 2019-12-31 | 0.08 | 12.00 |
| Date (Data in £) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-03-01 | 0.120 | 7.718 |
| 2018-03-05 | 0.132 | 5.656 |
| 2018-02-23 | 0.132 | 4.061 |
| 2017-02-24 | 0.125 | 4.525 |
| 2016-05-12 | 0.125 | 4.270 |
| 2015-02-27 | 0.122 | 3.315 |
| 2014-03-04 | 0.116 | 3.290 |
| 2013-08-02 | 0.115 | 2.955 |
| 2013-03-01 | 0.112 | 2.620 |
| 2012-03-14 | 0.096 | 3.107 |
| 2012-02-24 | 0.096 | 4.139 |
| 2011-02-28 | 0.083 | 3.926 |
| 2011-02-25 | 0.083 | 4.348 |
| 2010-08-26 | 0.075 | 4.379 |
| 2010-03-01 | 0.100 | 5.390 |
| 2010-02-26 | 0.100 | 5.128 |
| 2009-08-04 | 0.050 | 2.734 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
William Hill's earnings are
paid
to the shareholders as a dividend.
- The company is paying a dividend however it is incurring a loss.
- Dividends after 3 years are expected to be covered by earnings (1.9x coverage).
Income/ dividend checks
We assess William Hill's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can William Hill afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) William Hill has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
WMH Management
CEO
| COMPENSATION | £1,031,314 |
| AGE | 49 |
| TENURE AS CEO | 2.8 years |
CEO Bio
Mr. Philip Bowcock has been the Chief Executive Officer of William Hill plc since March 10, 2017. Mr. Bowcock served as an Interim Chief Executive Officer at William Hill plc from July 21, 2016 to March 10, 2017 and as served as its Chief Financial Officer since November 1, 2015 until August 17, 2016. He served as the Chief Financial Officer and Executive Director of Cineworld Group plc from December 1, 2011 to June 9, 2015. Mr. Bowcock served as Director of Finance at The Deltic Group since March 16, 2009 and served as its Company Secretary. He has a long track record in the leisure industry and a strong commercial background in multi-site international businesses. Mr. Bowcock's previous experience spans senior financial roles in property, retail and leisure activities, having acted as a Financial Controller at Barratt Developments plc, Finance Director for Tesco's UK property portfolio and Vice President Finance at Hilton Group. He has been a Director at William Hill plc since November 1, 2015. He serves as a Director of The Deltic Group. He qualified as a Chartered Management Accountant in 1996.
CEO Compensation
- Philip's compensation has been consistent with company performance over the past year, both up more than 20%.
- Philip's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure
Average tenure and age of the William Hill management team in years:
- The average tenure for the William Hill management team is less than 2 years, this suggests a new team.
Management Team
Philip Bowcock
CEO & Executive Director
£1M
49
2.8 yrs
Ruth Prior
CFO & Executive Director
£654K
51
1.6 yrs
Paul Durkan
Chief Information Officer
1.7 yrs
Lyndsay Wright
Director of Investor Relations
Harry Willits
Group General Counsel
1.3 yrs
Crispin Nieboer
Group Corporate Development Director
1.3 yrs
Karen Myers
Group Human Resource Director
4.1 yrs
Nicola Frampton
Managing Director of UK Retail
Ulrik Bengtsson
Chief Digital Officer
46
1.1 yrs
Patrick Jonker
Online International Managing Director
Board of Directors Tenure
Average tenure and age of the William Hill board of directors in years:
- The average tenure for the William Hill board of directors is less than 3 years, this suggests a new board.
Board of Directors
Roger Devlin
Chairman
£271K
60
1.1 yrs
Philip Bowcock
CEO & Executive Director
£1M
49
3.5 yrs
Ruth Prior
CFO & Executive Director
£654K
51
1.6 yrs
Georgina Harvey
Independent Non-Executive Director
£74K
53
7.5 yrs
Robin Terrell
Independent Non-Executive Director
£56K
2.3 yrs
Mark Brooker
Senior Independent Non-Executive Director
£76K
0.5 yrs
Gordon Wilson
Independent Non-Executive Director
51
0.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (£) | Value (£) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 12. Sep 18 | Buy | Roger Devlin | Individual | 10. Sep 18 | 10. Sep 18 | 77,490 | £2.57 | £198,987 | ||
| 05. Sep 18 | Buy | Ruth Prior | Individual | 05. Sep 18 | 05. Sep 18 | 38,998 | £2.58 | £100,482 | ||
Management checks
We assess William Hill's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) William Hill has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
WMH News
Simply Wall St News
An Intrinsic Calculation For William Hill plc (LON:WMH) Shows It's 25.06% Undervalued
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of William Hill plc (LON:WMH) as an investment opportunity. … by projecting its future cash flows and then discounting them to today's value. … Discounted Cash Flows (DCF).
Simply Wall St - – Full articleWilliam Hill plc (LON:WMH): Assessing Capital Returns
and want to better understand how you can grow your money by investing in William Hill plc (LON:WMH). … This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … To understand William Hill’s capital returns we will look at a useful metric called return on capital employed.
Simply Wall St - – Full articleA Look At The Intrinsic Value Of William Hill plc (LON:WMH)
by taking the expected future cash flows and discounting them to today's value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model
Simply Wall St - – Full articleWilliam Hill plc (LON:WMH): Assessing Capital Returns
and want to begin learning the link between William Hill plc (LON:WMH)’s return fundamentals and stock market performance. … Thus, to understand how your money can grow by investing in William Hill, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … Check out our latest analysis for William Hill
Simply Wall St - – Full articleIs William Hill plc (LON:WMH) A Financially Sound Company?
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like William Hill plc (LON:WMH), with a market cap of UK£2.54b, are often out of the spotlight. … This article will examine WMH’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … Check out our latest analysis for William Hill
Simply Wall St - – Full articleShould You Buy William Hill plc (LON:WMH) For Its Dividend?
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … In the past 10 years William Hill plc (LON:WMH) has returned an average of 4.00% per year to investors in the form of dividend payouts. … Let's take a look at William Hill in more detail.
Simply Wall St - – Full articleWhy William Hill plc (LON:WMH) Could Be A Buy
A question to answer is whether William Hill's current trading price of £3.05 reflective of the actual value of the? … Let’s take a look at William Hill’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … 11.80% below my intrinsic value, which means if you buy William Hill today, you’d be paying a
Simply Wall St - – Full articleWhat You Must Know About William Hill plc's (LON:WMH) Financial Strength
At this current level of debt, the current cash and short-term investment levels stands at UK£317.00M , ready to deploy into the business. … Moreover, WMH has produced UK£290.10M in operating cash flow over the same time period, resulting in an operating cash to total debt ratio of 40.26%, meaning that WMH’s current level of operating cash is high enough to cover debt. … Next Steps: WMH’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow.
Simply Wall St - – Full articleIs There Now An Opportunity In William Hill plc (LON:WMH)?
It’s trading around 7.58% below my intrinsic value, which means if you buy William Hill today, you’d be paying a reasonable price for it. … Furthermore, it seems like William Hill’s share price is quite stable, which means there may be less chances to buy low in the future now that it’s fairly valued. … WMH’s future growth appears to have been factored into the current share price, with shares trading around its fair value.
Simply Wall St - – Full articleBe Careful About Buying William Hill plc (LON:WMH) For The 4.01% Dividend
In the past 10 years William Hill plc (LSE:WMH) has returned an average of 4.00% per year to investors in the form of dividend payouts. … View our latest analysis for William Hill 5 checks you should use to assess a dividend stock When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas: Is it the top 25% annual dividend yield payer? … In terms of its peers, William Hill generates a yield of 4.01%, which is high for Hospitality stocks but still below the market's top dividend payers.Next Steps: Now you know to keep in mind the reason why investors should be careful investing in William Hill for the dividend.
Simply Wall St - – Full articleWMH Company Info
Description
William Hill plc provides sports betting and gaming services in the United Kingdom and internationally. It operates through Retail, Online, US Existing, US Expansion, and Other segments. The company operates licensed betting offices that offer sports betting services on football, horseracing, and other sports, as well as gaming on machines. It also operates online betting and gaming business that provides in-play and pre-match sports betting services and a range of gaming products; and offers casino, poker sites, and other gaming products, as well as telephone betting services. Further, the company is involved in on-course betting operations. William Hill plc was founded in 1934 and is headquartered in London, the United Kingdom.
Details
| Name: | William Hill plc |
| WMH | |
| Exchange: | LSE |
| Founded: | 1934 |
| £1,165,321,573 | |
| 873,554,403 | |
| Website: | http://www.williamhillplc.com |
| Address: |
William Hill plc 1 Bedford Avenue, London, Greater London, WC1B 3AU, United Kingdom |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| LSE | WMH | Ordinary Shares | London Stock Exchange | GB | GBP | 17. Jun 2002 | |
| OTCPK | WIMH.F | Ordinary Shares | Pink Sheets LLC | US | USD | 17. Jun 2002 | |
| DB | WHI | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 17. Jun 2002 | |
| BATS-CHIXE | WMHL | Ordinary Shares | BATS 'Chi-X Europe' | GB | GBP | 17. Jun 2002 | |
| OTCPK | WIMH.Y | ADR-ORD SHS | Pink Sheets LLC | US | USD | 28. Jul 2008 |
Number of employees
Current staff
Industry
| Casinos and Gaming | |
| Consumer Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/23 20:39 |
| End of day share price update: | 2019/05/23 00:00 |
| Last estimates confirmation: | 2019/05/17 |
| Last earnings filing: | 2019/03/01 |
| Last earnings reported: | 2019/01/01 |
| Last annual earnings reported: | 2019/01/01 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
