Wallenius Wilhelmsen ASA

OB:WAWI Stock Report

Market Cap: NOK 38.2b

Wallenius Wilhelmsen Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: WAWI (NOK90.3) is trading below our estimate of fair value (NOK548.97)

Significantly Below Fair Value: WAWI is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WAWI?

Key metric: As WAWI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WAWI. This is calculated by dividing WAWI's market cap by their current earnings.
What is WAWI's PE Ratio?
PE Ratio3.8x
EarningsUS$896.00m
Market CapUS$3.37b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for WAWI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average3.1x
HAUTO Höegh Autoliners
2.6x-13.2%NOK 20.2b
WWI Wilh. Wilhelmsen Holding
3.1x6.5%NOK 16.8b
SNI Stolt-Nielsen
3.3x-6.1%NOK 14.9b
MPCC MPC Container Ships
3.3x-36.7%NOK 8.9b
WAWI Wallenius Wilhelmsen
3.8x9.0%NOK 38.2b

Price-To-Earnings vs Peers: WAWI is expensive based on its Price-To-Earnings Ratio (3.8x) compared to the peer average (3.1x).

Price to Earnings Ratio vs Industry

How does WAWI's PE Ratio compare vs other companies in the European Shipping Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
WAWI 3.8xIndustry Avg. 7.4xNo. of Companies6PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WAWI is good value based on its Price-To-Earnings Ratio (3.8x) compared to the European Shipping industry average (7.4x).

Price to Earnings Ratio vs Fair Ratio

What is WAWI'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.

WAWI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.8x
Fair PE Ratio8.5x

Price-To-Earnings vs Fair Ratio: WAWI is good value based on its Price-To-Earnings Ratio (3.8x) compared to the estimated Fair Price-To-Earnings Ratio (8.5x).

Analyst Price Targets

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

The above table shows the analyst WAWI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 90.30
NOK 132.67
+46.9%
24.1%NOK 164.13NOK 83.42n/a5
Dec ’25NOK 107.50
NOK 146.70
+36.5%
8.8%NOK 159.80NOK 125.84n/a4
Nov ’25NOK 106.10
NOK 146.89
+38.4%
9.1%NOK 160.55NOK 125.10n/a4
Oct ’25NOK 126.60
NOK 149.81
+18.3%
4.1%NOK 160.00NOK 143.99n/a4
Sep ’25NOK 109.70
NOK 146.99
+34.0%
5.1%NOK 158.01NOK 137.05n/a4
Aug ’25NOK 101.80
NOK 152.80
+50.1%
6.0%NOK 164.77NOK 142.54n/a4
Jul ’25NOK 106.70
NOK 149.31
+39.9%
7.4%NOK 162.52NOK 133.81n/a4
Jun ’25NOK 111.70
NOK 147.64
+32.2%
7.2%NOK 159.98NOK 131.58n/a4
May ’25NOK 112.60
NOK 147.15
+30.7%
11.2%NOK 164.83NOK 123.75n/a4
Apr ’25NOK 88.35
NOK 142.41
+61.2%
10.6%NOK 159.29NOK 119.04n/a4
Mar ’25NOK 104.40
NOK 142.41
+36.4%
10.6%NOK 159.29NOK 119.04n/a4
Feb ’25NOK 102.70
NOK 129.77
+26.4%
4.9%NOK 134.70NOK 119.02n/a4
Jan ’25NOK 89.00
NOK 126.26
+41.9%
5.2%NOK 135.13NOK 117.19n/a4
Dec ’24NOK 97.50
NOK 134.00
+37.4%
3.3%NOK 139.60NOK 127.17NOK 107.504
Nov ’24NOK 99.90
NOK 121.58
+21.7%
10.7%NOK 134.51NOK 100.03NOK 106.104
Oct ’24NOK 84.60
NOK 114.96
+35.9%
13.6%NOK 138.08NOK 100.24NOK 126.604
Sep ’24NOK 86.40
NOK 113.40
+31.3%
13.5%NOK 136.01NOK 98.73NOK 109.704
Aug ’24NOK 71.60
NOK 106.99
+49.4%
18.4%NOK 135.78NOK 83.75NOK 101.804
Jul ’24NOK 74.35
NOK 111.04
+49.3%
15.9%NOK 134.84NOK 88.67NOK 106.704
Jun ’24NOK 65.95
NOK 114.04
+72.9%
14.7%NOK 134.99NOK 92.07NOK 111.704
May ’24NOK 79.60
NOK 120.48
+51.4%
10.1%NOK 135.09NOK 107.38NOK 112.604
Apr ’24NOK 75.70
NOK 120.16
+58.7%
11.5%NOK 138.73NOK 105.85NOK 88.354
Mar ’24NOK 87.75
NOK 118.16
+34.7%
11.9%NOK 135.47NOK 103.36NOK 104.404
Feb ’24NOK 95.25
NOK 117.51
+23.4%
11.6%NOK 136.14NOK 100.12NOK 102.704
Jan ’24NOK 97.05
NOK 116.03
+19.6%
11.4%NOK 133.97NOK 98.53NOK 89.004
Dec ’23NOK 92.70
NOK 113.26
+22.2%
9.0%NOK 127.20NOK 102.86NOK 97.503

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:50
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wallenius Wilhelmsen ASA is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Paul AndriessenABN AMRO Bank N.V.
Erik StavsethArctic Securities ASA