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WTB

WhitbreadLSE:WTB Stock Report

Last Price

UK£30.84

Market Cap

UK£6.2b

7D

-0.2%

1Y

-1.2%

Updated

21 Jan, 2022

Data

Company Financials +
WTB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

WTB Stock Overview

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally.

Rewards

Earnings are forecast to grow 73.83% per year

Risk Analysis

No risks detected for WTB from our risk checks.

Whitbread Competitors

InterContinental Hotels Group

LSE:IHG

UK£9.0b

Starbucks

NasdaqGS:SBUX

US$112.3b

Airbnb

NasdaqGS:ABNB

US$98.9b

Marriott International

NasdaqGS:MAR

US$51.0b

Price History & Performance

Summary of all time highs, changes and price drops for Whitbread
Historical stock prices
Current Share PriceUK£30.84
52 Week HighUK£37.09
52 Week LowUK£26.72
Beta1.22
1 Month Change4.54%
3 Month Change-1.19%
1 Year Change-1.19%
3 Year Change-36.80%
5 Year Change-22.18%
Change since IPO177.58%

Recent News & Updates

Oct 28
We Think Whitbread (LON:WTB) Is Taking Some Risk With Its Debt

We Think Whitbread (LON:WTB) Is Taking Some Risk With Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

WTBGB HospitalityGB Market
7D-0.2%-0.2%-0.5%
1Y-1.2%2.5%8.7%

Return vs Industry: WTB underperformed the UK Hospitality industry which returned 2.5% over the past year.

Return vs Market: WTB underperformed the UK Market which returned 8.7% over the past year.

Price Volatility

Is WTB's price volatile compared to industry and market?
WTB volatility
WTB Average Weekly Movement4.7%
Hospitality Industry Average Movement5.4%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: WTB is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: WTB's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
174228,335Alison Brittainhttps://www.whitbread.co.uk

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates approximately 857 hotels with 78,718 rooms in the United Kingdom; and 4,880 rooms in Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands; and 768 restaurants under the Brewers Fayre, Beefeater, Whitbread Inns, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands. Whitbread plc was founded in 1742 and is based in Dunstable, the United Kingdom.

Whitbread Fundamentals Summary

How do Whitbread's earnings and revenue compare to its market cap?
WTB fundamental statistics
Market CapUK£6.22b
Earnings (TTM)-UK£283.80m
Revenue (TTM)UK£1.01b

6.2x

P/S Ratio

-21.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WTB income statement (TTM)
RevenueUK£1.01b
Cost of RevenueUK£811.00m
Gross ProfitUK£197.40m
ExpensesUK£481.20m
Earnings-UK£283.80m

Last Reported Earnings

Aug 26, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.41
Gross Margin19.58%
Net Profit Margin-28.14%
Debt/Equity Ratio28.1%

How did WTB perform over the long term?

See historical performance and comparison

Valuation

Is Whitbread undervalued compared to its fair value and its price relative to the market?

1.61x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: WTB (£30.84) is trading above our estimate of fair value (£3.2)

Significantly Below Fair Value: WTB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: WTB is unprofitable, so we can't compare its PE Ratio to the UK Hospitality industry average.

PE vs Market: WTB is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate WTB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WTB is good value based on its PB Ratio (1.6x) compared to the GB Hospitality industry average (2.2x).


Future Growth

How is Whitbread forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?

73.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WTB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: WTB is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: WTB's is expected to become profitable in the next 3 years.

Revenue vs Market: WTB's revenue (15.1% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: WTB's revenue (15.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WTB's Return on Equity is forecast to be low in 3 years time (5.8%).


Past Performance

How has Whitbread performed over the past 5 years?

-60.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WTB is currently unprofitable.

Growing Profit Margin: WTB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WTB is unprofitable, and losses have increased over the past 5 years at a rate of 60.5% per year.

Accelerating Growth: Unable to compare WTB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WTB is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (24.8%).


Return on Equity

High ROE: WTB has a negative Return on Equity (-7.35%), as it is currently unprofitable.


Financial Health

How is Whitbread's financial position?


Financial Position Analysis

Short Term Liabilities: WTB's short term assets (£1.3B) exceed its short term liabilities (£723.3M).

Long Term Liabilities: WTB's short term assets (£1.3B) do not cover its long term liabilities (£4.3B).


Debt to Equity History and Analysis

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

Reducing Debt: WTB's debt to equity ratio has reduced from 44.9% to 28.1% over the past 5 years.

Debt Coverage: WTB's debt is not well covered by operating cash flow (14.8%).

Interest Coverage: Insufficient data to determine if WTB's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

0.95%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WTB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WTB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WTB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WTB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: WTB is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WTB's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

5.3yrs

Average management tenure


CEO

Alison Brittain (57 yo)

6yrs

Tenure

UK£1,032,000

Compensation

Ms. Alison J. Brittain, CBE, has been Independent Non-Executive Director at Experian plc since September 1, 2020. Ms. Brittain has been Chief Executive Officer of Whitbread PLC since January 4, 2016. Ms. B...


CEO Compensation Analysis

Compensation vs Market: Alison's total compensation ($USD1.40M) is below average for companies of similar size in the UK market ($USD2.24M).

Compensation vs Earnings: Alison's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: WTB's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: WTB's board of directors are considered experienced (4.2 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Whitbread plc
  • Ticker: WTB
  • Exchange: LSE
  • Founded: 1742
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Implied Market Cap: UK£6.217b
  • Shares outstanding: 201.60m
  • Website: https://www.whitbread.co.uk

Number of Employees


Location

  • Whitbread plc
  • Whitbread Court
  • Houghton Hall Business Park
  • Dunstable
  • Bedfordshire
  • LU5 5XE
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 21:16
End of Day Share Price2022/01/21 00:00
Earnings2021/08/26
Annual Earnings2021/02/25


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.