The Warehouse Group Limited, together with its subsidiaries, engages in the retail of general merchandise and apparel in New Zealand.
Warehouse Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$4.09|
|52 Week High||NZ$2.32|
|52 Week Low||NZ$4.25|
|1 Month Change||8.20%|
|3 Month Change||19.24%|
|1 Year Change||66.94%|
|3 Year Change||98.54%|
|5 Year Change||38.18%|
|Change since IPO||232.75%|
Recent News & Updates
Do Warehouse Group's (NZSE:WHS) Earnings Warrant Your Attention?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Returns On Capital At Warehouse Group (NZSE:WHS) Have Hit The Brakes
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
|WHS||NZ Multiline Retail||NZ Market|
Return vs Industry: WHS exceeded the NZ Multiline Retail industry which returned 14.3% over the past year.
Return vs Market: WHS exceeded the NZ Market which returned 1.9% over the past year.
Stable Share Price: WHS is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: WHS's weekly volatility (3%) has been stable over the past year.
About the Company
The Warehouse Group Limited, together with its subsidiaries, engages in the retail of general merchandise and apparel in New Zealand. It also sells stationery products, technology and appliance products, and sporting equipment. The company operates 92 The Warehouse stores, 71 Warehouse Stationery stores, 74 Noel Leeming stores, and 20 Torpedo7 stores, as well as online stores.
Warehouse Group Fundamentals Summary
|WHS fundamental statistics|
Is WHS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WHS income statement (TTM)|
|Cost of Revenue||NZ$2.17b|
Last Reported Earnings
Aug 01, 2021
Next Earnings Date
|Earnings per share (EPS)||0.34|
|Net Profit Margin||3.45%|
How did WHS perform over the long term?See historical performance and comparison
8.6%Current Dividend Yield
Does WHS pay a reliable dividends?See WHS dividend history and benchmarks
|Warehouse Group dividend dates|
|Ex Dividend Date||Nov 17 2021|
|Dividend Pay Date||Dec 03 2021|
|Days until Ex dividend||28 days|
|Days until Dividend pay date||44 days|
Does WHS pay a reliable dividends?See WHS dividend history and benchmarks
Is Warehouse Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WHS (NZ$4.09) is trading above our estimate of fair value (NZ$2.55)
Significantly Below Fair Value: WHS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WHS's PE Ratio (12x) is in line with the Oceanic Multiline Retail industry average.
PE vs Market: WHS is good value based on its PE Ratio (12x) compared to the NZ market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: WHS is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: WHS is overvalued based on its PB Ratio (3.1x) compared to the XO Multiline Retail industry average (2x).
How is Warehouse Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WHS's forecast earnings growth (4.8% per year) is above the savings rate (2.1%).
Earnings vs Market: WHS's earnings (4.8% per year) are forecast to grow slower than the NZ market (9.2% per year).
High Growth Earnings: WHS's earnings are forecast to grow, but not significantly.
Revenue vs Market: WHS's revenue (0.9% per year) is forecast to grow slower than the NZ market (5.2% per year).
High Growth Revenue: WHS's revenue (0.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WHS's Return on Equity is forecast to be high in 3 years time (28.8%)
How has Warehouse Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WHS has a large one-off loss of NZ$89.2M impacting its August 1 2021 financial results.
Growing Profit Margin: WHS's current net profit margins (3.4%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: WHS's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: WHS's earnings growth over the past year (164.3%) exceeds its 5-year average (4% per year).
Earnings vs Industry: WHS earnings growth over the past year (164.3%) exceeded the Multiline Retail industry 18.5%.
Return on Equity
High ROE: WHS's Return on Equity (25.9%) is considered high.
How is Warehouse Group's financial position?
Financial Position Analysis
Short Term Liabilities: WHS's short term assets (NZ$705.8M) exceed its short term liabilities (NZ$624.1M).
Long Term Liabilities: WHS's short term assets (NZ$705.8M) do not cover its long term liabilities (NZ$817.8M).
Debt to Equity History and Analysis
Debt Level: WHS is debt free.
Reducing Debt: WHS has no debt compared to 5 years ago when its debt to equity ratio was 69.1%.
Debt Coverage: WHS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WHS has no debt, therefore coverage of interest payments is not a concern.
What is Warehouse Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: WHS's dividend (8.56%) is higher than the bottom 25% of dividend payers in the NZ market (2.44%).
High Dividend: WHS's dividend (8.56%) is in the top 25% of dividend payers in the NZ market (4.8%)
Stability and Growth of Payments
Stable Dividend: WHS's dividend payments have been volatile in the past 10 years.
Growing Dividend: WHS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (89.5%), WHS's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WHS's dividends in 3 years are forecast to be covered by earnings (70.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Nick Grayston has been Group Chief Executive Officer of The Warehouse Group Limited since January 2015. Mr. Grayston joined Warehouse Group Limited in December 2015. Prior to, he has held a number of s...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD2.02M) is above average for companies of similar size in the NZ market ($USD732.31K).
Compensation vs Earnings: Nick's compensation has increased by more than 20% in the past year.
Experienced Management: WHS's management team is considered experienced (3.9 years average tenure).
Experienced Board: WHS's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WHS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Warehouse Group Limited's employee growth, exchange listings and data sources
- Name: The Warehouse Group Limited
- Ticker: WHS
- Exchange: NZSE
- Founded: 1982
- Industry: General Merchandise Stores
- Sector: Retail
- Market Cap: NZ$1.412b
- Shares outstanding: 345.35m
- Website: https://www.thewarehousegroup.co.nz
Number of Employees
- The Warehouse Group Limited
- 26 The Warehouse Way
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:34|
|End of Day Share Price||2021/10/19 00:00|
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.