LSE:WIN

Stock Analysis Report

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Executive Summary

Wincanton plc, together with its subsidiaries, provides logistic and supply chain solutions in the United Kingdom and Ireland.


Snowflake Analysis

Proven track record and slightly overvalued.


Similar Companies

Share Price & News

How has Wincanton's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WIN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.3%

WIN

5.4%

GB Logistics

5.5%

GB Market


1 Year Return

-33.5%

WIN

9.3%

GB Logistics

-9.2%

GB Market

Return vs Industry: WIN underperformed the UK Logistics industry which returned 9.9% over the past year.

Return vs Market: WIN underperformed the UK Market which returned -10% over the past year.


Shareholder returns

WINIndustryMarket
7 Day-4.3%5.4%5.5%
30 Day-22.0%10.9%10.8%
90 Day-26.7%14.1%-0.4%
1 Year-30.6%-33.5%10.3%9.3%-4.8%-9.2%
3 Year-34.1%-41.5%8.8%0.7%-0.8%-12.9%
5 Year17.7%-0.3%32.7%15.1%18.1%-8.2%

Price Volatility Vs. Market

How volatile is Wincanton's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

5.46x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: WIN (£1.8) is trading above our estimate of fair value (£0.3)

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


Price To Earnings Ratio

PE vs Industry: WIN is good value based on its PE Ratio (5.5x) compared to the Logistics industry average (14.5x).

PE vs Market: WIN is good value based on its PE Ratio (5.5x) compared to the UK market (15x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WIN has negative assets, so we can't compare its PB Ratio to the XE Logistics industry average.


Next Steps

Future Growth

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

0.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if WIN's forecast earnings growth is above the savings rate (1.2%).

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

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

Revenue vs Market: WIN's revenue (0.4% per year) is forecast to grow slower than the UK market (3.6% per year).

High Growth Revenue: WIN's revenue (0.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if WIN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Wincanton performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WIN has high quality earnings.

Growing Profit Margin: WIN's current net profit margins (3.5%) are higher than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: WIN's earnings have grown by 5.8% per year over the past 5 years.

Accelerating Growth: WIN's earnings growth over the past year (0.2%) is below its 5-year average (5.8% per year).

Earnings vs Industry: WIN earnings growth over the past year (0.2%) exceeded the Logistics industry -0.7%.


Return on Equity

High ROE: WIN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Wincanton's financial position?


Financial Position Analysis

Short Term Liabilities: WIN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: WIN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: WIN has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: WIN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: WIN's debt is well covered by operating cash flow (95.2%).

Interest Coverage: WIN's interest payments on its debt are well covered by EBIT (9.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Wincanton's current dividend yield, its reliability and sustainability?

5.00%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WIN'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?

2.3yrs

Average management tenure


CEO

James Wroath

0.75

Tenure

Mr. James Wroath has been the CEO and Director of Wincanton plc since 2 September 2019. 


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Lawlor
CFO & Executive Director4.75yrsUK£958.00k0.12% £261.9k
James Wroath
CEO & Director0.75yrno data0.0081% £18.0k
Harry Dumser
Member of Executive Boardno datano datano data
Ryszard Warzocha
Member of Executive Boardno datano datano data
Richard Gifford
Chief Information Officer3yrsno datano data
Sally Austin
Chief HR Director0.83yrno datano data
Chris Fenton
Managing Director of Industrial & Transport4.17yrsno data0.014% £31.4k
Ian Keilty
Managing Director of Retail & Consumer Goods1.58yrsno datano data
Raj Sharma
Company Secretaryno datano datano data
Ian Wilson
Managing Director of Specialist Businessesno datano datano data

2.3yrs

Average Tenure

Experienced Management: WIN's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Timothy Lawlor
CFO & Executive Director4.75yrsUK£958.00k0.12% £261.9k
James Wroath
CEO & Director0.75yrno data0.0081% £18.0k
Martin Read
Chairman1.83yrsUK£127.00k0.030% £65.5k
Stewart Oades
Senior Independent Director4.92yrsUK£92.00k0.016% £34.8k
Gill Barr
Independent Non-Executive Director2.75yrsUK£48.00k0.0032% £7.2k
Mihiri Jayaweera
Non-Executive Director0.17yrno data0.0032% £7.2k
Debbie Lentz
Independent Non-Executive Director1yrno data0.0032% £7.2k

1.8yrs

Average Tenure

66yo

Average Age

Experienced Board: WIN's board of directors are not considered experienced ( 1.8 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: WIN 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

Wincanton plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wincanton plc
  • Ticker: WIN
  • Exchange: LSE
  • Founded: 1925
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: UK£222.012m
  • Shares outstanding: 123.68m
  • Website: https://www.wincanton.co.uk

Number of Employees


Location

  • Wincanton plc
  • Methuen Park
  • Chippenham
  • Wiltshire
  • SN14 0WT
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WNCN.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2001
WINLSE (London Stock Exchange)YesOrdinary SharesGBGBPMay 2001

Biography

Wincanton plc, together with its subsidiaries, provides logistic and supply chain solutions in the United Kingdom and Ireland. It operates through Retail & Consumer and Industrial & Transport segments. The company offers contract logistics services to retail general merchandise, retail grocery, and consumer products market sectors. It provides transport services comprising road transport, containers, specialist transport, tankers, fleet management, vehicle maintenance, home delivery, and flatnet solutions; and warehouse solutions, including dedicated, shared user, bonded, co-packing, automation, eFulfilment, off-quay, returns management, recycling, and packaging. The company’s services also include health and safety, continuous improvement, IT, innovation, change management, people transition, and collaboration. Wincanton plc serves home and DIY, general merchandise, grocery, construction, defense, energy, consumer goods, food and drink, milk, and water markets. The company was founded in 1925 and is headquartered in Chippenham, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 21:01
End of Day Share Price2020/06/05 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.