Wilmar International
Market Cap
S$33.5b
Last Updated
2021/03/07 11:10 UTC
Data Sources
Company Financials +
Executive Summary
Wilmar International Limited operates as an agribusiness company in Singapore and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Wilmar International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: F34 is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: F34's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.4%
F34
-0.9%
SG Food
1.3%
SG Market
1 Year Return
33.8%
F34
26.3%
SG Food
-1.6%
SG Market
Return vs Industry: F34 exceeded the SG Food industry which returned 26.3% over the past year.
Return vs Market: F34 exceeded the SG Market which returned -1.6% over the past year.
Shareholder returns
| F34 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | -0.9% | 1.3% |
| 30 Day | -0.2% | -0.7% | 2.3% |
| 90 Day | 25.3% | 21.6% | 6.1% |
| 1 Year | 38.3%33.8% | 30.4%26.3% | 3.6%-1.6% |
| 3 Year | 80.5%64.6% | 36.4%25.0% | -7.2%-18.6% |
| 5 Year | 88.2%64.1% | 36.0%19.1% | 17.0%-4.4% |
Long-Term Price Volatility Vs. Market
How volatile is Wilmar International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Should You Or Shouldn't You: A Dividend Analysis on Wilmar International Limited (SGX:F34)1 week ago | Simply Wall St
Have Insiders Been Buying Wilmar International Limited (SGX:F34) Shares?1 month ago | Simply Wall St
Estimating The Intrinsic Value Of Wilmar International Limited (SGX:F34)Valuation
Is Wilmar International undervalued compared to its fair value and its price relative to the market?
16.32x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: F34 (SGD5.3) is trading above our estimate of fair value (SGD3.99)
Significantly Below Fair Value: F34 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: F34 is poor value based on its PE Ratio (16.3x) compared to the SG Food industry average (13.1x).
PE vs Market: F34 is poor value based on its PE Ratio (16.3x) compared to the SG market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: F34 is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: F34 is overvalued based on its PB Ratio (1.3x) compared to the SG Food industry average (0.9x).
Next Steps
Future Growth
How is Wilmar International forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
5.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: F34's forecast earnings growth (5.6% per year) is above the savings rate (2%).
Earnings vs Market: F34's earnings (5.6% per year) are forecast to grow slower than the SG market (25.7% per year).
High Growth Earnings: F34's earnings are forecast to grow, but not significantly.
Revenue vs Market: F34's revenue (5.5% per year) is forecast to grow slower than the SG market (9.1% per year).
High Growth Revenue: F34's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: F34's Return on Equity is forecast to be low in 3 years time (8.7%).
Next Steps
Past Performance
How has Wilmar International performed over the past 5 years?
9.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: F34 has high quality earnings.
Growing Profit Margin: F34's current net profit margins (3%) are higher than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: F34's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: F34's earnings growth over the past year (21%) exceeds its 5-year average (9% per year).
Earnings vs Industry: F34 earnings growth over the past year (21%) exceeded the Food industry 16.3%.
Return on Equity
High ROE: F34's Return on Equity (7.9%) is considered low.
Next Steps
Financial Health
How is Wilmar International's financial position?
Financial Position Analysis
Short Term Liabilities: F34's short term assets ($27.9B) exceed its short term liabilities ($22.8B).
Long Term Liabilities: F34's short term assets ($27.9B) exceed its long term liabilities ($6.8B).
Debt to Equity History and Analysis
Debt Level: F34's debt to equity ratio (107.3%) is considered high.
Reducing Debt: F34's debt to equity ratio has reduced from 113.7% to 107.3% over the past 5 years.
Debt Coverage: F34's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: F34's interest payments on its debt are well covered by EBIT (17.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Wilmar International current dividend yield, its reliability and sustainability?
2.45%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: F34's dividend (2.45%) is higher than the bottom 25% of dividend payers in the SG market (1.91%).
High Dividend: F34's dividend (2.45%) is low compared to the top 25% of dividend payers in the SG market (4.82%).
Stability and Growth of Payments
Stable Dividend: F34's dividend payments have been volatile in the past 10 years.
Growing Dividend: F34's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.7%), F34's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: F34's dividends in 3 years are forecast to be well covered by earnings (42.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.5yrs
Average management tenure
CEO
Khoon Hong Kuok (71 yo)
14.67yrs
Tenure
US$5,467,814
Compensation
Mr. Khoon Hong Kuok serves as Non-Independent Non-Executive Chairman at Perennial Real Estate Holdings Limited since October 27, 2014. He is the Co-founder of Wilmar International Limited and has been its ...
CEO Compensation Analysis
Compensation vs Market: Khoon Hong's total compensation ($USD5.47M) is about average for companies of similar size in the SG market ($USD5.17M).
Compensation vs Earnings: Khoon Hong's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 14.67yrs | US$5.47m | 6.12% $ 2.0b | |
| COO & Executive Director | 5.17yrs | US$1.75m | 0.014% $ 4.6m | |
| Group Legal Counsel | 2.08yrs | US$1.32m | 0.019% $ 6.3m | |
| Chief Financial Officer | 0.75yr | no data | 0.00019% $ 63.6k | |
| Group Technical Head | 21.17yrs | no data | no data | |
| Chief Scientific Advisor | 13.5yrs | no data | no data | |
| Chief Information Officer | 1.17yrs | no data | no data | |
| Group Head of Human Resources | 3.33yrs | no data | no data | |
| Group Head of Oleochemicals & Biofuels | no data | no data | no data | |
| Group Head of Internal Audit | 20.17yrs | no data | no data | |
| Country Head of Malaysia | no data | no data | no data | |
| Chief Sustainability Officer | 13.75yrs | no data | no data |
12.5yrs
Average Tenure
51.5yo
Average Age
Experienced Management: F34's management team is seasoned and experienced (12.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 14.67yrs | US$5.47m | 6.12% $ 2.0b | |
| COO & Executive Director | 5.17yrs | US$1.75m | 0.014% $ 4.6m | |
| Group Legal Counsel | 2.08yrs | US$1.32m | 0.019% $ 6.3m | |
| Non-Executive & Independent Director | 3.17yrs | US$59.48k | no data | |
| Non-Executive & Non-Independent Director | 13.67yrs | US$130.11k | 0.0089% $ 3.0m | |
| Non-Executive & Independent Director | 14.67yrs | US$174.72k | 0.0079% $ 2.6m | |
| Non-Executive & Independent Director | 1.83yrs | US$39.65k | 0.00032% $ 107.1k | |
| Non-Executive & Independent Director | 14.67yrs | US$189.59k | 0.0063% $ 2.1m | |
| Lead Independent Director | 1.83yrs | US$110.46k | no data | |
| Non-Executive & Independent Director | 5.17yrs | US$130.11k | 0.00016% $ 53.5k | |
| Non-Executive & Non-Independent Director | 4.67yrs | US$130.11k | 0.011% $ 3.6m | |
| Non-Executive Director & Non-Independent Director | 2.25yrs | US$130.11k | no data |
4.9yrs
Average Tenure
66yo
Average Age
Experienced Board: F34's board of directors are considered experienced (4.9 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Wilmar International Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Wilmar International Limited
- Ticker: F34
- Exchange: SGX
- Founded: 1991
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: S$33.455b
- Shares outstanding: 6.31b
- Website: https://www.wilmar-international.com
Number of Employees
Location
- Wilmar International Limited
- 56 Neil Road
- Singapore
- 88830
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| F34 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Jul 2006 |
| RTHA | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2006 |
| WLMI.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 2006 |
| WLMI.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Nov 2008 |
Biography
Wilmar International Limited operates as an agribusiness company in Singapore and internationally. The company operates through four segments: Tropical Oils, Oilseeds and Grains, Sugar, and Others. It enga...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 11:10 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.