WHITEHAVEN COAL LIMITED (WHC)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

WHC - WHITEHAVEN COAL LIMITED

FNArena Sector : Coal
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: 1.35
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Whitehaven Coal is an Australian coal miner with four mines in the Gunnedah region of New South Wales. Three are open cut, with the other underground. The company was listed on the ASX in 2007.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.98

20 Dec
2024

-0.090

OPEN

$5.95

-1.48%

HIGH

$6.08

15,353,727

LOW

$5.92

TARGET
$8.983 50.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ATU . BCB . BRL . CRN . MMI . NHC . SMR . TER . YAL .
FNARENA'S MARKET CONSENSUS FORECASTS
WHC: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 44.5 41.2 xxx
DPS (cps) xxx 20.0 19.6 xxx
EPS Growth xxx - 85.5% - 7.4% xxx
DPS Growth xxx - 73.0% - 1.9% xxx
PE Ratio xxx N/A 14.5 xxx
Dividend Yield xxx N/A 3.3% xxx
Div Pay Ratio(%) xxx 45.0% 47.6% xxx

Dividend yield today if purchased 3 years ago: 7.52%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.34

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/09 - ex-div 13c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx44.5
DPS All xxxxxxxxxxxxxxx20.0
Sales/Revenue xxxxxxxxxxxxxxx3,824.0 M
Book Value Per Share xxxxxxxxxxxxxxx631.7
Net Operating Cash Flow xxxxxxxxxxxxxxx252.0 M
Net Profit Margin xxxxxxxxxxxxxxx9.28 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx6.74 %
Return on Invested Capital xxxxxxxxxxxxxxx5.73 %
Return on Assets xxxxxxxxxxxxxxx3.39 %
Return on Equity xxxxxxxxxxxxxxx6.74 %
Return on Total Capital xxxxxxxxxxxxxxx16.00 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-560.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx147 M
Long Term Debt xxxxxxxxxxxxxxx1,744 M
Total Debt xxxxxxxxxxxxxxx1,891 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx405 M
Price To Book Value xxxxxxxxxxxxxxx1.21

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx454.0 M
Capex % of Sales xxxxxxxxxxxxxxx11.87 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,916 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx899 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx70 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

28/10/2024

1

Buy

$9.00

50.50%

Despite softer 1Q production and sales, Whitehaven Coal's 1Q result was "good", according to Ord Minnett, with strong run-of-mine (ROM) production and better-than-expected net debt.

The broker highlights the importance of an improving 12-month cash flow outlook with lower contingent payments and deferral of Narrabri capex.

Target rises to $9.00 from $8.80 on a higher cash balance this quarter and the broker's lower capex outlook. Buy rating maintained.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 33.70 cents and EPS of 67.40 cents.
Ord Minnett forecasts a full year FY26 dividend of 39.10 cents and EPS of 78.20 cents.

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

31/10/2024

1

Upgrade to Buy from Neutral

$7.90

32.11%

Whitehaven Coal's Q1 FY25 showed robust coal production, according to Goldman Sachs, with run-of-mine (ROM) output 10% above estimates, strong metallurgical and thermal price realisations, and unit costs near the low end of guidance at $145/t.

Production guidance remains unchanged, but higher Queensland production estimates and debt reduction initiatives provide a favourable outlook, in the analyst's opinion.

Goldman upgrades Whitehaven to Buy from Neutral, and sets a price target of $7.90, a rise of 23%. The Buy rating is based on attractive free cash flow (FCF) potential and sustained demand for metallurgical coal, explains the broker.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 15.00 cents and EPS of 63.00 cents.
Goldman Sachs forecasts a full year FY26 dividend of 7.00 cents and EPS of 29.00 cents.
Access Extra Coverage Research History >

WHC STOCK CHART

FNArena News on WHC

1
Material Matters: Whitehaven, Evolution, Iluka, Santos & More

Dec 20 2024 - Commodities
2
Next Week At A Glance -16-20 Dec 2024

Dec 13 2024 - Weekly Reports
3
Material Matters: Base/Bulk Metals & Stock Picks

Dec 10 2024 - Commodities
4
Next Week At A Glance – 4-8 Nov 2024

Nov 01 2024 - Weekly Reports
5
In Case You Missed It – BC Extra Upgrades & Downgrades – 01-11-24

Nov 01 2024 - Weekly Reports

Latest Coal News

1
ESG Focus: Decarbonisation, Renewables & Cyber Crime

Apr 03 2024 - ESG Focus
2
Better Times Ahead for New Hope?

Mar 20 2024 - Australia
3
Organic And Inorganic Opportunities For Coronado

Jul 24 2023 - Australia
4
Capacity Increase Ahead for New Hope

Mar 23 2023 - Australia
5
Stanmore Versus Coronado: Higher Margins Rule

Mar 22 2023 - Commodities
6
Whitehaven Coal: Opportunity Presents

Feb 14 2023 - Technicals
7
Coronado Needs to Hold Support

Dec 13 2022 - Technicals
8
Poor Production Won’t Rain On Coronado’s Parade

Nov 02 2022 - Small Caps
9
New Hope: Higher Thermal Coal Price Forecasts

Sep 28 2022 - Australia
10
Coronado Global Resources: Upside Despite Near-Term Weakness

Jul 25 2022 - Australia