company background image
WSL

Worldsec LSE:WSL Stock Report

Last Price

UK£0.03

Market Cap

UK£2.6m

7D

0%

1Y

-25.0%

Updated

10 Aug, 2022

Data

Company Financials
WSL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

WSL Stock Overview

Worldsec Limited, a closed-ended investment company, invests in small to medium sized trading companies in the Greater China and South East Asian regions.

Worldsec Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Worldsec
Historical stock prices
Current Share PriceUK£0.03
52 Week HighUK£0.04
52 Week LowUK£0.02
Beta1.18
1 Month Change0%
3 Month Change0%
1 Year Change-25.00%
3 Year Change-14.29%
5 Year Change-33.33%
Change since IPO-99.98%

Recent News & Updates

Apr 28
There Is A Reason Worldsec Limited's (LON:WSL) Price Is Undemanding

There Is A Reason Worldsec Limited's (LON:WSL) Price Is Undemanding

With a price-to-earnings (or "P/E") ratio of 5x Worldsec Limited ( LON:WSL ) may be sending very bullish signals at the...

Shareholder Returns

WSLGB Capital MarketsGB Market
7D0%2.3%0.3%
1Y-25.0%-14.0%-8.9%

Return vs Industry: WSL underperformed the UK Capital Markets industry which returned -14.2% over the past year.

Return vs Market: WSL underperformed the UK Market which returned -11.2% over the past year.

Price Volatility

Is WSL's price volatile compared to industry and market?
WSL volatility
WSL Average Weekly Movement0%
Capital Markets Industry Average Movement4.6%
Market Average Movement5.4%
10% most volatile stocks in GB Market10.9%
10% least volatile stocks in GB Market2.7%

Stable Share Price: WSL is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: WSL's weekly volatility has decreased from 5% to 0% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991n/an/ahttps://www.worldsec.com

Worldsec Limited, a closed-ended investment company, invests in small to medium sized trading companies in the Greater China and South East Asian regions. The company was founded in 1991 and is based in Sheung Wan, Hong Kong.

Worldsec Fundamentals Summary

How do Worldsec's earnings and revenue compare to its market cap?
WSL fundamental statistics
Market CapUS$3.13m
Earnings (TTM)US$636.00k
Revenue (TTM)US$1.23m

4.9x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WSL income statement (TTM)
RevenueUS$1.23m
Cost of RevenueUS$0
Gross ProfitUS$1.23m
Other ExpensesUS$590.00k
EarningsUS$636.00k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0075
Gross Margin100.00%
Net Profit Margin51.88%
Debt/Equity Ratio0%

How did WSL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 WSL?

Other financial metrics that can be useful for relative valuation.

WSL 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/Revenue1x
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

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

WSL PE Ratio vs Peers
The above table shows the PE ratio for WSL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.6x
GUN Gunsynd
3.2xn/aUK£2.4m
BAF British & American Investment Trust
4.3xn/aUK£3.8m
SUG Startup Giants
22.8xn/aUK£998.5k
BRH Braveheart Investment Group
4.2xn/aUK£6.1m
WSL Worldsec
4.9xn/aUK£2.6m

Price-To-Earnings vs Peers: WSL is good value based on its Price-To-Earnings Ratio (4.9x) compared to the peer average (8.6x).


Price to Earnings Ratio vs Industry

How does WSL's PE Ratio compare vs other companies in the GB Capital Markets Industry?

Price-To-Earnings vs Industry: WSL is good value based on its Price-To-Earnings Ratio (4.9x) compared to the UK Capital Markets industry average (10x)


Price to Earnings Ratio vs Fair Ratio

What is WSL'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.

WSL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.9x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate WSL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate WSL's fair value for valuation analysis.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Worldsec forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.0%

Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Worldsec has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine Worldsec's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Worldsec competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Worldsec performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


46.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WSL has high quality earnings.

Growing Profit Margin: WSL's current net profit margins (51.9%) are lower than last year (63.2%).


Past Earnings Growth Analysis

Earnings Trend: WSL has become profitable over the past 5 years, growing earnings by 46% per year.

Accelerating Growth: WSL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WSL had negative earnings growth (-32.6%) over the past year, making it difficult to compare to the Capital Markets industry average (23.2%).


Return on Equity

High ROE: WSL's Return on Equity (10.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Worldsec's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: WSL's short term assets ($2.5M) exceed its short term liabilities ($227.0K).

Long Term Liabilities: WSL's short term assets ($2.5M) exceed its long term liabilities ($55.0K).


Debt to Equity History and Analysis

Debt Level: WSL is debt free.

Reducing Debt: WSL has not had any debt for past 5 years.

Debt Coverage: WSL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: WSL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate WSL'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 WSL's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as WSL has not reported any payouts.


Discover strong dividend paying companies

Management

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

9.1yrs

Average board tenure


CEO

Worldsec has no CEO, or we have no data on them.


Board Members

Experienced Board: WSL's board of directors are considered experienced (9.1 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Worldsec Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Worldsec Limited
  • Ticker: WSL
  • Exchange: LSE
  • Founded: 1991
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: UK£2.553m
  • Shares outstanding: 85.10m
  • Website: https://www.worldsec.com

Location

  • Worldsec Limited
  • FWD Financial Centre
  • 6th Floor
  • Sheung Wan
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/10 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.