Workforce Holdings Limited, an investment holding company, provides human capital solutions in South Africa, Mozambique, Namibia, Botswana, Mauritius, and South America.
Price History & Performance
|Historical stock prices|
|Current Share Price||R1.48|
|52 Week High||R0.76|
|52 Week Low||R1.48|
|1 Month Change||0%|
|3 Month Change||26.50%|
|1 Year Change||55.79%|
|3 Year Change||5.71%|
|5 Year Change||-22.11%|
|Change since IPO||-4.52%|
Recent News & Updates
Workforce Holdings (JSE:WKF) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Does Workforce Holdings (JSE:WKF) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|WKF||ZA Professional Services||ZA Market|
Return vs Industry: WKF exceeded the ZA Professional Services industry which returned 31.3% over the past year.
Return vs Market: WKF exceeded the ZA Market which returned 19.9% over the past year.
Stable Share Price: WKF is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: WKF's weekly volatility (8%) has been stable over the past year.
About the Company
Workforce Holdings Limited, an investment holding company, provides human capital solutions in South Africa, Mozambique, Namibia, Botswana, Mauritius, and South America. The company operates through four segments: Staffing and Outsourcing, Training, Financial Services, and Healthcare. The company offers temporary employment, functional outsourcing, permanent placement recruitment, executive search, specialist staffing, short-and long-term hires, payroll and other systems management, and HR and IR consulting services, as well as disability and turnkey staffing, and business process outsourcing solutions.
Workforce Holdings Fundamentals Summary
|WKF fundamental statistics|
Is WKF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WKF income statement (TTM)|
|Cost of Revenue||R2.44b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.33|
|Net Profit Margin||2.40%|
How did WKF perform over the long term?See historical performance and comparison
Is Workforce Holdings 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: Insufficient data to calculate WKF's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WKF's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WKF is good value based on its PE Ratio (4.4x) compared to the Global Professional Services industry average (26.3x).
PE vs Market: WKF is good value based on its PE Ratio (4.4x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WKF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WKF is good value based on its PB Ratio (0.4x) compared to the XX Professional Services industry average (2.9x).
How is Workforce Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Workforce Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Workforce Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WKF has a high level of non-cash earnings.
Growing Profit Margin: WKF's current net profit margins (2.4%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: WKF's earnings have declined by 11.8% per year over the past 5 years.
Accelerating Growth: WKF's earnings growth over the past year (116%) exceeds its 5-year average (-11.8% per year).
Earnings vs Industry: WKF earnings growth over the past year (116%) exceeded the Professional Services industry 17.9%.
Return on Equity
High ROE: WKF's Return on Equity (10.1%) is considered low.
How is Workforce Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: WKF's short term assets (ZAR880.9M) exceed its short term liabilities (ZAR516.9M).
Long Term Liabilities: WKF's short term assets (ZAR880.9M) exceed its long term liabilities (ZAR110.5M).
Debt to Equity History and Analysis
Debt Level: WKF's debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: WKF's debt to equity ratio has reduced from 79.6% to 38.9% over the past 5 years.
Debt Coverage: WKF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WKF's interest payments on its debt are well covered by EBIT (5.7x coverage).
What is Workforce Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WKF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WKF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WKF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WKF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: WKF is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WKF's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ronny Katz (78 yo)
Mr. Ronald Stanley Katz, also known as Ronny, BCom, LLB, MBA is the Founder of Workforce Holdings Limited and serves its Chief Executive Officer since March 2019. He served as Interim Chief Executive Offic...
CEO Compensation Analysis
Compensation vs Market: Ronny's total compensation ($USD272.13K) is about average for companies of similar size in the ZA market ($USD283.52K).
Compensation vs Earnings: Ronny's compensation has been consistent with company performance over the past year.
Experienced Management: WKF's management team is considered experienced (3.3 years average tenure).
Experienced Board: WKF's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WKF 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.
Workforce Holdings Limited's employee growth, exchange listings and data sources
- Name: Workforce Holdings Limited
- Ticker: WKF
- Exchange: JSE
- Founded: 1972
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: R333.729m
- Shares outstanding: 225.49m
- Website: https://www.workforce.co.za
Number of Employees
- Workforce Holdings Limited
- 11 Wellington Road
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 21:01|
|End of Day Share Price||2021/10/21 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.