Wheelock and Company Limited (HKSE: 00020) is a listed property group headquartered in Hong Kong.
Share Price & News
How has Wheelock's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WHLK.F has not had significant price volatility in the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: Insufficient data to determine how WHLK.F performed against the US Real Estate industry.
Return vs Market: Insufficient data to determine how WHLK.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Wheelock's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Wheelock 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: WHLK.F ($7) is trading below our estimate of fair value ($18.51)
Significantly Below Fair Value: WHLK.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WHLK.F is good value based on its PE Ratio (11.5x) compared to the Real Estate industry average (14.4x).
PE vs Market: WHLK.F is good value based on its PE Ratio (11.5x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: WHLK.F is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: WHLK.F is good value based on its PB Ratio (0.4x) compared to the US Real Estate industry average (1x).
How is Wheelock forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WHLK.F's forecast earnings growth (18.7% per year) is above the savings rate (2.2%).
Earnings vs Market: WHLK.F's earnings (18.7% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: WHLK.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: WHLK.F's revenue (9.2% per year) is forecast to grow faster than the US market (8.9% per year).
High Growth Revenue: WHLK.F's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WHLK.F's Return on Equity is forecast to be low in 3 years time (5.3%).
How has Wheelock performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WHLK.F has high quality earnings.
Growing Profit Margin: WHLK.F's current net profit margins (18.9%) are lower than last year (35.6%).
Past Earnings Growth Analysis
Earnings Trend: WHLK.F's earnings have declined by -3.9% per year over the past 5 years.
Accelerating Growth: WHLK.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WHLK.F had negative earnings growth (-46.8%) over the past year, making it difficult to compare to the Real Estate industry average (-6.4%).
Return on Equity
High ROE: WHLK.F's Return on Equity (3%) is considered low.
How is Wheelock's financial position?
Financial Position Analysis
Short Term Liabilities: WHLK.F's short term assets (HK$144.5B) exceed its short term liabilities (HK$97.4B).
Long Term Liabilities: WHLK.F's short term assets (HK$144.5B) exceed its long term liabilities (HK$118.3B).
Debt to Equity History and Analysis
Debt Level: WHLK.F's debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: WHLK.F's debt to equity ratio has reduced from 35.3% to 32.1% over the past 5 years.
Debt Coverage: WHLK.F's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: WHLK.F's interest payments on its debt are well covered by EBIT (12.2x coverage).
What is Wheelock's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WHLK.F's dividend (3.06%) is higher than the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: WHLK.F's dividend (3.06%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Stability and Growth of Payments
Stable Dividend: WHLK.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: WHLK.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.2%), WHLK.F's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WHLK.F's dividends in 3 years are forecast to be well covered by earnings (23.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Douglas Woo (41yo)
Chun Kuen Woo has been Chairman of Wheelock and Co. Ltd. (the “Company”) since 2014 and a Director and Managing Director since 2013. He is also Vice Chairman and managing Director of Wheelock Properties Li ...
CEO Compensation Analysis
Compensation vs Market: Douglas's total compensation ($USD2.71M) is below average for companies of similar size in the US market ($USD11.86M).
Compensation vs Earnings: Douglas's compensation has been consistent with company performance over the past year.
|Chairman & MD||6.83yrs||HK$20.98m||0.34% HK$46.4m|
|Group CFO & Executive Director||22.33yrs||HK$20.99m||0.015% HK$2.0m|
|Executive Director||10.33yrs||HK$15.24m||0.030% HK$4.0m|
|Executive Director||0.33yr||no data||no data|
|Deputy Chairman||25.33yrs||HK$32.26m||0.0086% HK$1.2m|
|Independent Non-Executive Director||10.33yrs||HK$400.00k||no data|
|Independent Non-Executive Director||17.33yrs||HK$450.00k||no data|
|Vice Chairman||8.25yrs||HK$14.77m||0.0024% HK$332.4k|
|Independent Non-Executive Director||7.83yrs||HK$450.00k||no data|
|Non-Executive Director||7.83yrs||HK$250.00k||no data|
Experienced Board: WHLK.F's board of directors are considered experienced (9.3 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.
Wheelock and Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Wheelock and Company Limited
- Ticker: WHLK.F
- Exchange: OTCPK
- Founded: 1857
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$105.619b
- Listing Market Cap: HK$13.622b
- Shares outstanding: 2.05b
- Website: https://www.wheelockcompany.com
Number of Employees
- Wheelock and Company Limited
- Wheelock House
- 23rd Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WHLK.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|20||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|WHL||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|20||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|20||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|WHLK.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Nov 2008|
Wheelock and Company Limited (HKSE: 00020) is a listed property group headquartered in Hong Kong. We are principally engaged in property development in Hong Kong. Our major subsidiaries include Wharf (Holdings) Limited (HKSE: 00004), Wharf REIC Limited (HKSE: 01997) and Wheelock Properties Limited. Wheelock Properties (Singapore) Pte. Ltd has become a wholly-owned subsidiary of Wharf REIC since December 2019.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 02:42|
|End of Day Share Price||2020/04/23 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.