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WILS

WilsonOB:WILS Stock Report

Market Cap

kr1.7b

7D

-7.9%

1Y

106.3%

Updated

24 Sep, 2021

Data

Company Financials
WILS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends1/6

WILS Overview

Wilson ASA, a short sea company, engages in the chartering and operation of vessels in the short sea bulk sector in Europe.

Price History & Performance

Summary of all time highs, changes and price drops for Wilson
Historical stock prices
Current Share Pricekr39.60
52 Week Highkr18.90
52 Week Lowkr45.00
Beta0.51
1 Month Change-3.88%
3 Month Change23.75%
1 Year Change106.25%
3 Year Change85.05%
5 Year Change468.15%
Change since IPO97.02%

Recent News & Updates

May 14
Wilson (OB:WILS) Shareholders Will Want The ROCE Trajectory To Continue

Wilson (OB:WILS) Shareholders Will Want The ROCE Trajectory To Continue

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Mar 15
Here's Why Wilson (OB:WILS) Has A Meaningful Debt Burden

Here's Why Wilson (OB:WILS) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

WILSNO ShippingNO Market
7D-7.9%-4.4%0.5%
1Y106.3%79.1%25.9%

Return vs Industry: WILS exceeded the Norwegian Shipping industry which returned 79.1% over the past year.

Return vs Market: WILS exceeded the Norwegian Market which returned 25.9% over the past year.

Price Volatility

Is WILS's price volatile compared to industry and market?
WILS volatility
WILS Beta0.51
Industry Beta1.1
Market Beta1

Stable Share Price: WILS is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: WILS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1923145Oyvind Gjerdehttps://www.wilsonship.no

Wilson ASA, a short sea company, engages in the chartering and operation of vessels in the short sea bulk sector in Europe. It operates through a fleet of 122 vessels in the range of 1500-8500 dwt. The company was founded in 1923 and is based in Bergen, Norway.

Wilson Fundamentals Summary

How do Wilson's earnings and revenue compare to its market cap?
WILS fundamental statistics
Market Cap€169.03m
Earnings (TTM)€23.25m
Revenue (TTM)€168.23m

7.4x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WILS income statement (TTM)
Revenue€168.23m
Cost of Revenue€59.42m
Gross Profit€108.81m
Expenses€85.57m
Earnings€23.25m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin64.68%
Net Profit Margin13.82%
Debt/Equity Ratio92.4%

How did WILS perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

11%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WILS (NOK39.6) is trading below our estimate of fair value (NOK262.2)

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


Price To Earnings Ratio

PE vs Industry: WILS is good value based on its PE Ratio (7.4x) compared to the Norwegian Shipping industry average (12x).

PE vs Market: WILS is good value based on its PE Ratio (7.4x) compared to the Norwegian market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WILS's PB Ratio (1.3x) is in line with the NO Shipping industry average.


Future Growth

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

47.1%

Forecasted Transportation 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 Wilson 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.


Past Performance

How has Wilson performed over the past 5 years?

43.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WILS has high quality earnings.

Growing Profit Margin: WILS's current net profit margins (13.8%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: WILS has become profitable over the past 5 years, growing earnings by 43.5% per year.

Accelerating Growth: WILS's earnings growth over the past year (227.6%) exceeds its 5-year average (43.5% per year).

Earnings vs Industry: WILS earnings growth over the past year (227.6%) exceeded the Shipping industry 144.4%.


Return on Equity

High ROE: WILS's Return on Equity (17%) is considered low.


Financial Health

How is Wilson's financial position?


Financial Position Analysis

Short Term Liabilities: WILS's short term assets (€67.5M) exceed its short term liabilities (€61.5M).

Long Term Liabilities: WILS's short term assets (€67.5M) do not cover its long term liabilities (€150.7M).


Debt to Equity History and Analysis

Debt Level: WILS's debt to equity ratio (92.4%) is considered high.

Reducing Debt: WILS's debt to equity ratio has reduced from 165.3% to 92.4% over the past 5 years.

Debt Coverage: WILS's debt is well covered by operating cash flow (48.5%).

Interest Coverage: WILS's interest payments on its debt are well covered by EBIT (8.1x coverage).


Balance Sheet


Dividend

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

1.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WILS's dividend (1.44%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (1.86%).

High Dividend: WILS's dividend (1.44%) is low compared to the top 25% of dividend payers in the Norwegian market (5.14%).


Stability and Growth of Payments

Stable Dividend: WILS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: WILS has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.8%), WILS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

16.7yrs

Average board tenure


CEO

Oyvind Gjerde

no data

Tenure

€237,000

Compensation

Mr. Øyvind Gjerde serves as the Chief Executive Officer at Wilson ASA and served as its Director. Mr. Gjerde served as President and Managing Director at Wilson ASA.


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Oyvind's total compensation is reasonable compared to companies of similar size in the Norwegian market.

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


Board Members

Experienced Board: WILS's board of directors are seasoned and experienced ( 16.7 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

Wilson ASA's employee growth, exchange listings and data sources


Key Information

  • Name: Wilson ASA
  • Ticker: WILS
  • Exchange: OB
  • Founded: 1923
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: kr1.702b
  • Shares outstanding: 43.86m
  • Website: https://www.wilsonship.no

Number of Employees


Location

  • Wilson ASA
  • Bradbenken
  • Sandviken
  • Bergen
  • Hordaland
  • 5835
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 16:21
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.