Wolters Kluwer
Market Cap
€17.3b
Last Updated
2021/03/07 20:58 UTC
Data Sources
Company Financials +
Executive Summary
Wolters Kluwer N.V., together with its subsidiaries, provides professional information, software solutions, and services in Europe, North America, the Asia Pacific, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record average dividend payer.
Similar Companies
Share Price & News
How has Wolters Kluwer's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WKL is less volatile than 75% of Dutch stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: WKL's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
WKL
2.2%
NL Professional Services
-0.3%
NL Market
1 Year Return
-3.0%
WKL
9.2%
NL Professional Services
25.5%
NL Market
Return vs Industry: WKL underperformed the Dutch Professional Services industry which returned 9.2% over the past year.
Return vs Market: WKL underperformed the Dutch Market which returned 25.4% over the past year.
Shareholder returns
| WKL | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 2.2% | -0.3% |
| 30 Day | -3.9% | 0.4% | -0.08% |
| 90 Day | -2.4% | 2.3% | 7.0% |
| 1 Year | -1.1%-3.0% | 10.5%9.2% | 27.9%25.5% |
| 3 Year | 67.2%58.1% | 35.8%24.2% | 19.0%7.1% |
| 5 Year | 112.3%92.3% | 67.0%44.2% | 61.6%31.8% |
Long-Term Price Volatility Vs. Market
How volatile is Wolters Kluwer's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is Wolters Kluwer N.V.'s (AMS:WKL) 35% ROE Better Than Average?2 weeks ago | Simply Wall St
The Trend Of High Returns At Wolters Kluwer (AMS:WKL) Has Us Very Interested1 month ago | Simply Wall St
Why Wolters Kluwer N.V. (AMS:WKL) Is A Top Dividend StockValuation
Is Wolters Kluwer undervalued compared to its fair value and its price relative to the market?
6.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WKL (€66.06) is trading below our estimate of fair value (€70.39)
Significantly Below Fair Value: WKL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: WKL is good value based on its PE Ratio (24.3x) compared to the XE Professional Services industry average (28.7x).
PE vs Market: WKL is good value based on its PE Ratio (24.3x) compared to the Dutch market (26.6x).
Price to Earnings Growth Ratio
PEG Ratio: WKL is poor value based on its PEG Ratio (12.4x)
Price to Book Ratio
PB vs Industry: WKL is overvalued based on its PB Ratio (8.3x) compared to the NL Professional Services industry average (2.4x).
Next Steps
Future Growth
How is Wolters Kluwer forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
2.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WKL's forecast earnings growth (2% per year) is above the savings rate (0.2%).
Earnings vs Market: WKL's earnings (2% per year) are forecast to grow slower than the Dutch market (26.7% per year).
High Growth Earnings: WKL's earnings are forecast to grow, but not significantly.
Revenue vs Market: WKL's revenue (3.2% per year) is forecast to grow slower than the Dutch market (10.2% per year).
High Growth Revenue: WKL's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WKL's Return on Equity is forecast to be high in 3 years time (29.9%)
Next Steps
Past Performance
How has Wolters Kluwer performed over the past 5 years?
9.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WKL has high quality earnings.
Growing Profit Margin: WKL's current net profit margins (15.7%) are higher than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: WKL's earnings have grown by 9.7% per year over the past 5 years.
Accelerating Growth: WKL's earnings growth over the past year (7.7%) is below its 5-year average (9.7% per year).
Earnings vs Industry: WKL earnings growth over the past year (7.7%) exceeded the Professional Services industry -18.6%.
Return on Equity
High ROE: Whilst WKL's Return on Equity (34.55%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Wolters Kluwer's financial position?
Financial Position Analysis
Short Term Liabilities: WKL's short term assets (€2.2B) do not cover its short term liabilities (€3.2B).
Long Term Liabilities: WKL's short term assets (€2.2B) do not cover its long term liabilities (€3.1B).
Debt to Equity History and Analysis
Debt Level: WKL's debt to equity ratio (132.2%) is considered high.
Reducing Debt: WKL's debt to equity ratio has increased from 105.1% to 132.2% over the past 5 years.
Debt Coverage: WKL's debt is well covered by operating cash flow (43.4%).
Interest Coverage: WKL's interest payments on its debt are well covered by EBIT (21.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Wolters Kluwer current dividend yield, its reliability and sustainability?
2.06%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: WKL's dividend (2.06%) is higher than the bottom 25% of dividend payers in the Dutch market (1.88%).
High Dividend: WKL's dividend (2.06%) is low compared to the top 25% of dividend payers in the Dutch market (4.36%).
Stability and Growth of Payments
Stable Dividend: WKL's dividend payments have been volatile in the past 10 years.
Growing Dividend: WKL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (50%), WKL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WKL's dividends in 3 years are forecast to be well covered by earnings (44% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.4yrs
Average management tenure
CEO
Nancy McKinstry (61 yo)
17.5yrs
Tenure
€8,089,000
Compensation
Ms. Nancy McKinstry serves as the Chairman of Executive Board and Chief Executive Officer of MortgageIT Holdings, Inc. Ms. McKinstry has been the Chairman of the Executive Board and Chief Executive Officer...
CEO Compensation Analysis
Compensation vs Market: Nancy's total compensation ($USD9.64M) is above average for companies of similar size in the Dutch market ($USD3.14M).
Compensation vs Earnings: Nancy's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Executive Board | 17.5yrs | €8.09m | 0.025% € 4.3m | |
| CFO & Member of the Executive Board | 7.83yrs | €4.59m | 0.015% € 2.6m | |
| Chief Executive Officer of Tax & Accounting | no data | no data | no data | |
| Vice President of Investor Relations | 8.75yrs | no data | no data | |
| Chief Executive Officer of Governance | no data | no data | no data | |
| Senior VP and Chief Brand & Communications Officer | 2.17yrs | no data | no data | |
| Senior VP and Head of Corporate Development and Mergers & Acquisitions - North America | 12.17yrs | no data | no data | |
| Chief Human Resources Officer | 6.17yrs | no data | no data | |
| Chief Executive Officer of Global Business Services | 17.58yrs | no data | no data | |
| Executive Vice President of North America and General Counsel of North America | 15.17yrs | no data | no data | |
| Senior VP | no data | no data | no data | |
| Executive Vice President of Global Business Process Outsourcing (BPO) & Sourcing | 11.42yrs | no data | no data |
11.4yrs
Average Tenure
59yo
Average Age
Experienced Management: WKL's management team is seasoned and experienced (11.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice-Chairman of Supervisory Board | 0.92yr | €95.00k | 0.00072% € 124.5k | |
| Independent Chairman of Supervisory Board | 3.92yrs | €114.00k | no data | |
| Independent Member of Supervisory Board | 4.92yrs | €100.00k | no data | |
| Independent Member of Supervisory Board | 1.92yrs | €58.00k | no data | |
| Independent Member of Supervisory Board | 1.92yrs | €22.00k | no data | |
| Independent Member of Supervisory Board | 0.92yr | no data | no data | |
| Independent Member of Supervisory Board | 0.92yr | no data | no data |
1.9yrs
Average Tenure
61yo
Average Age
Experienced Board: WKL's board of directors are not considered experienced ( 1.9 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: WKL 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
Wolters Kluwer N.V.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Wolters Kluwer N.V.
- Ticker: WKL
- Exchange: ENXTAM
- Founded: 1836
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: €17.287b
- Shares outstanding: 261.68m
- Website: https://wolterskluwer.com
Number of Employees
Location
- Wolters Kluwer N.V.
- Zuidpoolsingel 2
- PO Box 1030
- Alphen aan den Rijn
- Zuid-Holland
- 2400 BA
- Netherlands
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WKL | ENXTAM (Euronext Amsterdam) | Yes | Ordinary Shares | NL | EUR | Jan 1992 |
| WOSB | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| WOLT.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| 0NMU | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| WKLA | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| WKL | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jan 1992 |
| WTKW.Y | OTCPK (Pink Sheets LLC) | SPON ADR EACH REP 1 ORD SHS | US | USD | Jun 1992 | |
| WOS | DB (Deutsche Boerse AG) | SPON ADR EACH REP 1 ORD SHS | DE | EUR | Jun 1992 |
Biography
Wolters Kluwer N.V., together with its subsidiaries, provides professional information, software solutions, and services in Europe, North America, the Asia Pacific, and internationally. The company operate...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 20:58 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.