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Market Cap

NZ$117.0m

Last Updated

2021/05/17 07:00 UTC

Data Sources

Company Financials

Executive Summary

Foley Wines Limited, an integrated wine company, produces, markets, and sells wines in New Zealand. More Details


Snowflake Analysis

Solid track record and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: FWL is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: FWL's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

0%

FWL

2.3%

NZ Beverage

-2.6%

NZ Market


1 Year Return

6.1%

FWL

32.0%

NZ Beverage

15.6%

NZ Market

Return vs Industry: FWL underperformed the NZ Beverage industry which returned 32% over the past year.

Return vs Market: FWL underperformed the NZ Market which returned 15.6% over the past year.


Shareholder returns

FWLIndustryMarket
7 Day0%2.3%-2.6%
30 Day2.3%0.9%-3.1%
90 Day-11.2%3.6%-1.9%
1 Year8.1%6.1%35.0%32.0%19.0%15.6%
3 Year29.5%21.5%6.7%-2.1%40.2%23.6%
5 Year26.1%12.9%51.2%29.3%77.2%36.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

17.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FWL (NZ$1.75) is trading above our estimate of fair value (NZ$1.47)

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


Price To Earnings Ratio

PE vs Industry: FWL is good value based on its PE Ratio (17x) compared to the Oceanic Beverage industry average (48.3x).

PE vs Market: FWL is good value based on its PE Ratio (17x) compared to the NZ market (23.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FWL is good value based on its PB Ratio (0.9x) compared to the XO Beverage industry average (2.2x).


Future Growth

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

20.8%

Forecasted Food, Beverage & Tobacco 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 Foley Wines 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 Foley Wines performed over the past 5 years?

15.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FWL has high quality earnings.

Growing Profit Margin: FWL's current net profit margins (13.5%) are higher than last year (9.2%).


Past Earnings Growth Analysis

Earnings Trend: FWL's earnings have grown by 15% per year over the past 5 years.

Accelerating Growth: FWL's earnings growth over the past year (47.6%) exceeds its 5-year average (15% per year).

Earnings vs Industry: FWL earnings growth over the past year (47.6%) exceeded the Beverage industry 45.2%.


Return on Equity

High ROE: FWL's Return on Equity (5.4%) is considered low.


Financial Health

How is Foley Wines's financial position?


Financial Position Analysis

Short Term Liabilities: FWL's short term assets (NZ$57.7M) exceed its short term liabilities (NZ$18.1M).

Long Term Liabilities: FWL's short term assets (NZ$57.7M) do not cover its long term liabilities (NZ$62.4M).


Debt to Equity History and Analysis

Debt Level: FWL's debt to equity ratio (38.5%) is considered satisfactory.

Reducing Debt: FWL's debt to equity ratio has increased from 27.6% to 38.5% over the past 5 years.

Debt Coverage: FWL's debt is not well covered by operating cash flow (17.4%).

Interest Coverage: FWL's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Dividend

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

1.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FWL's dividend (1.71%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (2.42%).

High Dividend: FWL's dividend (1.71%) is low compared to the top 25% of dividend payers in the NZ market (4.69%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, FWL has been paying a dividend for less than 10 years.

Growing Dividend: FWL's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.2%), FWL's dividend payments are well 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?

8.6yrs

Average board tenure


CEO

Mark Turnbull

8.67yrs

Tenure

Mr. Antony Mark Turnbull, also known as Mark, has been the Chief Executive Officer and Executive Director of Foley Wines Limited (formerly known as Foley Family Wines Limited) since September 2012. Mr. Tur...


Board Members

Experienced Board: FWL's board of directors are considered experienced (8.6 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

Foley Wines Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Foley Wines Limited
  • Ticker: FWL
  • Exchange: NZSE
  • Founded: 1986
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Market Cap: NZ$117.010m
  • Shares outstanding: 65.74m
  • Website: https://www.foleywines.co.nz

Location

  • Foley Wines Limited
  • 13 Waihopai Valley Road
  • Road 6
  • Blenheim
  • 7276
  • New Zealand

Listings


Biography

Foley Wines Limited, an integrated wine company, produces, markets, and sells wines in New Zealand. It offers wines under the Martinborough Vineyard, Te Kairanga, Lighthouse Gin, Grove Mill, Vavasour, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/17 07:00
End of Day Share Price2021/05/17 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.