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WIN

Winton Land NZSE:WIN Stock Report

Last Price

NZ$2.95

Market Cap

NZ$875.0m

7D

-2.0%

1Y

n/a

Updated

17 May, 2022

Data

Company Financials +
WIN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance3/6
Financial Health5/6
Dividends0/6

WIN Stock Overview

Winton Land Limited develops residential land specializing in integrated and master planned neighbourhoods in New Zealand and Australia.

Winton Land Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Winton Land
Historical stock prices
Current Share PriceNZ$2.95
52 Week HighNZ$3.94
52 Week LowNZ$2.95
Beta0
1 Month Change-10.61%
3 Month Change-13.24%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-23.77%

Recent News & Updates

Shareholder Returns

WINNZ Real EstateNZ Market
7D-2.0%1.8%-0.8%
1Yn/a-8.0%-14.2%

Return vs Industry: Insufficient data to determine how WIN performed against the NZ Real Estate industry.

Return vs Market: Insufficient data to determine how WIN performed against the NZ Market.

Price Volatility

Is WIN's price volatile compared to industry and market?
WIN volatility
WIN Average Weekly Movement3.0%
Real Estate Industry Average Movement5.8%
Market Average Movement4.3%
10% most volatile stocks in NZ Market7.5%
10% least volatile stocks in NZ Market2.9%

Stable Share Price: WIN is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: Insufficient data to determine WIN's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aChris Meehanhttps://www.winton.nz

Winton Land Limited develops residential land specializing in integrated and master planned neighbourhoods in New Zealand and Australia. It primarily develops and sells lots of residential land, as well as land and building packages and apartment buildings. The company has a portfolio of 29 projects with a combined total of 7,442 residential lots, dwellings, apartment units, retirement village units, and commercial lots.

Winton Land Fundamentals Summary

How do Winton Land's earnings and revenue compare to its market cap?
WIN fundamental statistics
Market CapNZ$875.01m
Earnings (TTM)NZ$37.01m
Revenue (TTM)NZ$128.63m

23.6x

P/E Ratio

6.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WIN income statement (TTM)
RevenueNZ$128.63m
Cost of RevenueNZ$77.71m
Gross ProfitNZ$50.92m
Other ExpensesNZ$13.91m
EarningsNZ$37.01m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin39.59%
Net Profit Margin28.77%
Debt/Equity Ratio30.5%

How did WIN perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


23.65x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: WIN (NZ$2.95) is trading above our estimate of fair value (NZ$2.6)

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


Price To Earnings Ratio

PE vs Industry: WIN is poor value based on its PE Ratio (23.6x) compared to the Oceanic Real Estate industry average (13.6x).

PE vs Market: WIN is poor value based on its PE Ratio (23.6x) compared to the NZ market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: WIN is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: WIN is overvalued based on its PB Ratio (2.1x) compared to the XO Real Estate industry average (1.2x).


Future Growth

How is Winton Land forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


29.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WIN's forecast earnings growth (29.4% per year) is above the savings rate (2%).

Earnings vs Market: WIN's earnings (29.4% per year) are forecast to grow faster than the NZ market (6.6% per year).

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

Revenue vs Market: WIN's revenue (26.2% per year) is forecast to grow faster than the NZ market (5.1% per year).

High Growth Revenue: WIN's revenue (26.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WIN's Return on Equity is forecast to be low in 3 years time (14.5%).


Past Performance

How has Winton Land performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


110.0%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: WIN has high quality earnings.

Growing Profit Margin: WIN's current net profit margins (28.8%) are higher than last year (16.9%).


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if WIN's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare WIN's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: WIN earnings growth over the past year (110%) exceeded the Real Estate industry 95.5%.


Return on Equity

High ROE: WIN's Return on Equity (8.8%) is considered low.


Financial Health

How is Winton Land's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: WIN's short term assets (NZ$468.2M) exceed its short term liabilities (NZ$31.0M).

Long Term Liabilities: WIN's short term assets (NZ$468.2M) exceed its long term liabilities (NZ$142.3M).


Debt to Equity History and Analysis

Debt Level: WIN has more cash than its total debt.

Reducing Debt: Insufficient data to determine if WIN's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: WIN's debt is well covered by operating cash flow (22.8%).

Interest Coverage: WIN's interest payments on its debt are well covered by EBIT (21.1x coverage).


Balance Sheet


Dividend

What is Winton Land current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.36%

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as WIN has not reported any payouts.


Next Steps

Management

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

0.7yrs

Average board tenure


CEO

Chris Meehan

no data

Tenure

Mr. Christopher Scott Meehan, also known as Chris, is Chief Executive Officer of Winton Land Limited and also serves as its Chairman since June 19, 2017. He s leads Winton’s strategy and operations. He has...


Board Members

Experienced Board: WIN's board of directors are not considered experienced ( 0.7 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: WIN only recently listed within the past 12 months.


Top Shareholders

Company Information

Winton Land Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Winton Land Limited
  • Ticker: WIN
  • Exchange: NZSE
  • Founded: 2017
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: NZ$875.011m
  • Shares outstanding: 296.61m
  • Website: https://www.winton.nz

Location

  • Winton Land Limited
  • 10 Viaduct Harbour Avenue
  • Level 4
  • Auckland
  • 1010
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.