Wilson Bayly Holmes-Ovcon Limited engages in civil engineering and building construction activities in Africa, Australia, and the United Kingdom.
Wilson Bayly Holmes-Ovcon Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R109.03|
|52 Week High||R76.62|
|52 Week Low||R125.80|
|1 Month Change||-10.02%|
|3 Month Change||-0.72%|
|1 Year Change||6.48%|
|3 Year Change||-27.80%|
|5 Year Change||-28.27%|
|Change since IPO||11,498.94%|
Recent News & Updates
|WBO||ZA Construction||ZA Market|
Return vs Industry: WBO underperformed the ZA Construction industry which returned 42% over the past year.
Return vs Market: WBO underperformed the ZA Market which returned 19% over the past year.
Stable Share Price: WBO is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: WBO's weekly volatility (4%) has been stable over the past year.
About the Company
Wilson Bayly Holmes-Ovcon Limited engages in civil engineering and building construction activities in Africa, Australia, and the United Kingdom. The company operates through six segments: Building and Civil Engineering, Roads and Earthworks, Australia, the United Kingdom, Property Developments, and Construction Materials. It constructs retail shopping centers, commercial buildings, hotels, hospitals, and residential apartments primarily for the private sector, as well as civil engineering related infrastructure for the mining, industrial, energy, oil and gas, and telecommunication sectors.
Wilson Bayly Holmes-Ovcon Fundamentals Summary
|WBO fundamental statistics|
Is WBO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WBO income statement (TTM)|
|Cost of Revenue||R36.62b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||5.94|
|Net Profit Margin||0.82%|
How did WBO perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Is Wilson Bayly Holmes-Ovcon 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: WBO (ZAR109.03) is trading above our estimate of fair value (ZAR49.46)
Significantly Below Fair Value: WBO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WBO is poor value based on its PE Ratio (18.4x) compared to the African Construction industry average (15.1x).
PE vs Market: WBO is poor value based on its PE Ratio (18.4x) compared to the ZA market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: WBO is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: WBO's PB Ratio (1x) is in line with the ZA Construction industry average.
How is Wilson Bayly Holmes-Ovcon forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WBO's forecast earnings growth (38.3% per year) is above the savings rate (8.8%).
Earnings vs Market: WBO's earnings (38.3% per year) are forecast to grow faster than the ZA market (12.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WBO's revenue (9.9% per year) is forecast to grow faster than the ZA market (6.4% per year).
High Growth Revenue: WBO's revenue (9.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WBO's Return on Equity is forecast to be low in 3 years time (17.2%).
How has Wilson Bayly Holmes-Ovcon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WBO has high quality earnings.
Growing Profit Margin: WBO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: WBO's earnings have declined by 42.1% per year over the past 5 years.
Accelerating Growth: WBO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WBO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (-9.2%).
Return on Equity
High ROE: WBO's Return on Equity (6.2%) is considered low.
How is Wilson Bayly Holmes-Ovcon's financial position?
Financial Position Analysis
Short Term Liabilities: WBO's short term assets (ZAR13.4B) exceed its short term liabilities (ZAR12.3B).
Long Term Liabilities: WBO's short term assets (ZAR13.4B) exceed its long term liabilities (ZAR555.4M).
Debt to Equity History and Analysis
Debt Level: WBO's debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: WBO's debt to equity ratio has increased from 1% to 2% over the past 5 years.
Debt Coverage: WBO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WBO earns more interest than it pays, so coverage of interest payments is not a concern.
What is Wilson Bayly Holmes-Ovcon current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WBO's dividend (1.88%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.14%).
High Dividend: WBO's dividend (1.88%) is low compared to the top 25% of dividend payers in the ZA market (7.52%).
Stability and Growth of Payments
Stable Dividend: WBO's dividend payments have been volatile in the past 10 years.
Growing Dividend: WBO's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.5%), WBO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WBO's dividends in 3 years are forecast to be well covered by earnings (29.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Wolfgang P. Neff (BSc (Civil), Pr Eng, Pr CM), has been the Chief Executive Officer of Wilson Bayly Holmes-Ovcon Limited since November 20, 2019 and served as its Managing Director of North and Africa...
CEO Compensation Analysis
Compensation vs Market: Wolfgang's total compensation ($USD709.93K) is about average for companies of similar size in the ZA market ($USD723.41K).
Compensation vs Earnings: Wolfgang's compensation has been consistent with company performance over the past year.
Experienced Management: WBO's management team is seasoned and experienced (7 years average tenure).
Experienced Board: WBO's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WBO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wilson Bayly Holmes-Ovcon Limited's employee growth, exchange listings and data sources
- Name: Wilson Bayly Holmes-Ovcon Limited
- Ticker: WBO
- Exchange: JSE
- Founded: 1970
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: R5.800b
- Shares outstanding: 53.20m
- Website: https://www.wbho.co.za
- Wilson Bayly Holmes-Ovcon Limited
- 53 Andries Street
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 21:35|
|End of Day Share Price||2021/10/25 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.