World Kinect Corporation

NYSE:WKC Stock Report

Market Cap: US$1.7b

World Kinect Valuation

Is WKC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of WKC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WKC ($28.72) is trading below our estimate of fair value ($72.27)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WKC?

Key metric: As WKC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WKC. This is calculated by dividing WKC's market cap by their current earnings.
What is WKC's PE Ratio?
PE Ratio12.4x
EarningsUS$134.40m
Market CapUS$1.67b

Price to Earnings Ratio vs Peers

How does WKC's PE Ratio compare to its peers?

The above table shows the PE ratio for WKC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.9x
CVI CVR Energy
27.3x26.2%US$1.9b
PARR Par Pacific Holdings
3.2x-5.7%US$984.8m
REX REX American Resources
11.5x2.9%US$798.4m
OPAL OPAL Fuels
21.4x32.2%US$636.0m
WKC World Kinect
12.4x-0.7%US$1.7b

Price-To-Earnings vs Peers: WKC is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (15.9x).

Price to Earnings Ratio vs Industry

How does WKC's PE Ratio compare vs other companies in the US Oil and Gas Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USOP.Y U.S. Oil and Gas
n/an/aUS$6.00
No more companies available in this PE range
WKC 12.4xIndustry Avg. 11.6xNo. of Companies18PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WKC is expensive based on its Price-To-Earnings Ratio (12.4x) compared to the US Oil and Gas industry average (11.6x).

Price to Earnings Ratio vs Fair Ratio

What is WKC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WKC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.4x
Fair PE Ratio8.9x

Price-To-Earnings vs Fair Ratio: WKC is expensive based on its Price-To-Earnings Ratio (12.4x) compared to the estimated Fair Price-To-Earnings Ratio (8.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst WKC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$28.72
US$30.80
+7.2%
9.5%US$35.00US$27.00n/a5
Nov ’25US$26.28
US$31.20
+18.7%
8.0%US$35.00US$28.00n/a5
Oct ’25US$30.79
US$30.40
-1.3%
7.9%US$33.00US$27.00n/a5
Sep ’25US$28.79
US$29.20
+1.4%
10.9%US$33.00US$24.00n/a5
Aug ’25US$27.56
US$28.80
+4.5%
11.9%US$33.00US$24.00n/a5
Jul ’25US$25.79
US$28.40
+10.1%
15.5%US$35.00US$23.00n/a5
Jun ’25US$26.34
US$28.40
+7.8%
15.5%US$35.00US$23.00n/a5
May ’25US$23.37
US$28.00
+19.8%
16.8%US$35.00US$23.00n/a5
Apr ’25US$26.35
US$28.00
+6.3%
14.5%US$35.00US$24.00n/a5
Mar ’25US$24.61
US$27.40
+11.3%
16.4%US$35.00US$23.00n/a5
Feb ’25US$22.72
US$27.50
+21.0%
19.7%US$35.00US$21.00n/a4
Jan ’25US$22.78
US$27.25
+19.6%
21.0%US$35.00US$20.00n/a4
Dec ’24US$21.50
US$27.25
+26.7%
21.0%US$35.00US$20.00n/a4
Nov ’24US$18.73
US$28.33
+51.3%
22.0%US$35.00US$20.00US$26.283
Oct ’24US$22.43
US$29.33
+30.8%
16.8%US$35.00US$23.00US$30.793
Sep ’24US$22.50
US$29.33
+30.4%
16.8%US$35.00US$23.00US$28.793
Aug ’24US$22.62
US$29.33
+29.7%
16.8%US$35.00US$23.00US$27.563
Jul ’24US$20.68
US$28.50
+37.8%
22.8%US$35.00US$22.00US$25.792
Jun ’24US$23.21
US$32.00
+37.9%
9.4%US$35.00US$29.00US$26.342
May ’24US$23.79
US$32.00
+34.5%
9.4%US$35.00US$29.00US$23.372
Feb ’24US$28.13
US$33.00
+17.3%
6.1%US$35.00US$31.00US$22.722
Jan ’24US$27.33
US$33.00
+20.7%
6.1%US$35.00US$31.00US$22.782
Dec ’23US$28.22
US$33.00
+16.9%
6.1%US$35.00US$31.00US$21.502
Nov ’23US$26.62
US$33.00
+24.0%
6.1%US$35.00US$31.00US$18.732

Analyst Forecast: Target price is less than 20% higher than the current share price.

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