Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide.
Solid track record and slightly overvalued.
Share Price & News
How has Willis Towers Watson's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WLTW's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WLTW exceeded the US Insurance industry which returned -25.5% over the past year.
Return vs Market: WLTW exceeded the US Market which returned -15.1% over the past year.
Price Volatility Vs. Market
How volatile is Willis Towers Watson's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShould Willis Towers Watson Public Limited Company (NASDAQ:WLTW) Be Part Of Your Dividend Portfolio?
2 months ago | Simply Wall StShould You Be Adding Willis Towers Watson (NASDAQ:WLTW) To Your Watchlist Today?
2 months ago | Simply Wall StNeed To Know: Willis Towers Watson Public Limited Company (NASDAQ:WLTW) Insiders Have Been Selling Shares
Is Willis Towers Watson undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WLTW ($157.1) is trading below our estimate of fair value ($214.61)
Significantly Below Fair Value: WLTW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WLTW is poor value based on its PE Ratio (19.6x) compared to the Insurance industry average (8.2x).
PE vs Market: WLTW is poor value based on its PE Ratio (19.6x) compared to the US market (12.4x).
Price to Earnings Growth Ratio
PEG Ratio: WLTW is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: WLTW is overvalued based on its PB Ratio (2x) compared to the US Insurance industry average (0.8x).
How is Willis Towers Watson forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WLTW's forecast earnings growth (11.4% per year) is above the savings rate (1.7%).
Earnings vs Market: WLTW's earnings (11.4% per year) are forecast to grow slower than the US market (13.4% per year).
High Growth Earnings: WLTW's earnings are forecast to grow, but not significantly.
Revenue vs Market: WLTW's revenue (4.2% per year) is forecast to grow slower than the US market (7.1% per year).
High Growth Revenue: WLTW's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WLTW's Return on Equity is forecast to be low in 3 years time (15.1%).
How has Willis Towers Watson performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WLTW has high quality earnings.
Growing Profit Margin: WLTW's current net profit margins (11.5%) are higher than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: WLTW's earnings have grown significantly by 21.3% per year over the past 5 years.
Accelerating Growth: WLTW's earnings growth over the past year (50.2%) exceeds its 5-year average (21.3% per year).
Earnings vs Industry: WLTW earnings growth over the past year (50.2%) exceeded the Insurance industry 43.7%.
Return on Equity
High ROE: WLTW's Return on Equity (10.3%) is considered low.
How is Willis Towers Watson's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: WLTW has a low level of unsold assets or inventory.
Debt Coverage by Assets: WLTW's debt is covered by short term assets (assets are 3x debt).
Financial Institutions Analysis
Asset Level: WLTW's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if WLTW has a sufficient allowance for bad loans.
Low Risk Liabilities: WLTW reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if WLTW has an acceptable proportion of non-loan assets held.
Low Risk Deposits: WLTW has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if WLTW has an appropriate level of bad loans.
What is Willis Towers Watson's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WLTW's dividend (1.73%) isn’t notable compared to the bottom 25% of dividend payers in the US market (2.05%).
High Dividend: WLTW's dividend (1.73%) is low compared to the top 25% of dividend payers in the US market (5.71%).
Stability and Growth of Payments
Stable Dividend: WLTW's dividend payments have been volatile in the past 10 years.
Growing Dividend: WLTW's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.7%), WLTW's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WLTW's dividends in 3 years are forecast to be well covered by earnings (21.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Haley (69yo)
Mr. John J. Haley serves as Director at MAXIMUS, Inc. since March 17, 2020. Mr. Haley has been the Chief Executive Officer and Executive Director of Willis Towers Watson Public Limited Company since Januar ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD4.99M) is below average for companies of similar size in the US market ($USD11.95M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
|CEO & Executive Director||4.25yrs||US$4.99m||0.092% $18.6m|
|Chief Financial Officer||2.5yrs||US$3.91m||0.0027% $543.9k|
|Head of Benefits Delivery & Administration||4yrs||US$2.86m||0.049% $9.9m|
|Global Head of Investment||no data||no data||no data|
|Principal Accounting Officer & Group Controller||4.17yrs||no data||no data|
|Head of Human Resources & Chief Administration Officer||0.92yr||no data||0.023% $4.7m|
|Head of Financial Planning & Analysis and Investor Relations||1.83yrs||no data||no data|
|General Counsel||4.25yrs||no data||0.011% $2.2m|
|Head of FINEX North America Business||3.17yrs||no data||no data|
|Managing Director of Al Futtaim Willis Middle East||9.17yrs||no data||no data|
Experienced Management: WLTW's management team is considered experienced (4 years average tenure).
|CEO & Executive Director||4.25yrs||US$4.99m||0.092% $18.6m|
|Chairman of Willis Research Network & CEO of Capital Science & Policy Practice||14.25yrs||no data||no data|
|Independent Non-Executive Chairman||1.25yrs||US$316.21k||0.013% $2.6m|
|Independent Director||4.25yrs||US$302.46k||0.0092% $1.9m|
|Independent Director||4.25yrs||US$317.72k||0.0050% $1.0m|
|Independent Director||4.25yrs||US$310.16k||0.0056% $1.1m|
|Independent Director||4.25yrs||US$299.74k||0.0037% $750.2k|
|Chairman of Willis Re International & Specialty||no data||no data||no data|
|Global Chairman of Willis Re & Chairman of Willis Re North America||5.25yrs||no data||no data|
|Chairman of Willis Asia||5.58yrs||no data||no data|
Experienced Board: WLTW's board of directors are considered experienced (4.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Willis Towers Watson Public Limited Company's company bio, employee growth, exchange listings and data sources
- Name: Willis Towers Watson Public Limited Company
- Ticker: WLTW
- Exchange: NasdaqGS
- Founded: 1828
- Industry: Insurance Brokers
- Sector: Insurance
- Market Cap: US$20.220b
- Shares outstanding: 128.72m
- Website: https://www.willistowerswatson.com
Number of Employees
- Willis Towers Watson Public Limited Company
- 51 Lime Street
- Greater London
- EC3M 7DQ
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WLTW||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jun 2001|
|WTY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 2001|
|0Y4Q||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jun 2001|
|W1LT34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 4 REPR 1 COM||BR||BRL||Jan 2020|
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company’s Human Capital and Benefits segment offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services. It also provides advice, data, software, and products to address clients’ total rewards and talent issues. Its Corporate Risk and Broking segment offers risk advice, insurance brokerage, and consulting services in the areas of property and casualty, financial lines, and transport. The company’s Investment, Risk and Reinsurance segment offers capital markets-based products to insurance and reinsurance companies; software and technology, risk and capital management, products and pricing, financial and regulatory reporting, financial and capital modeling, merger and acquisition, outsourcing, and business management services; investment advice and solutions to pension funds and institutional investors; wholesale insurance broking services to retail and wholesale brokers; and underwriting and capital management, capital market, and advisory and brokerage services. Its Benefits Delivery and Administration segment provides primary medical and ancillary benefit exchange, and outsourcing services to active employees and retirees in the group and individual markets. This segment delivers healthcare and reimbursement accounts, including health savings accounts, health reimbursement arrangements, flexible spending accounts, and other consumer-directed accounts. The company was formerly known as Willis Group Holdings Public Limited Company and changed its name to Willis Towers Watson Public Limited Company in January 2016. Willis Towers Watson Public Limited Company was founded in 1828 and is based in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 06:16|
|End of Day Share Price||2020/04/03 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.