WHITEHAVEN COAL LIMITED (WHC)
Share Price Analysis and Chart

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WHC

WHC - WHITEHAVEN COAL LIMITED

FNArena Sector : Coal
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: 1.87
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Whitehaven Coal is an Australian coal producer with operations in NSW’s Gunnedah Basin and Queensland’s Bowen Basin, including the Blackwater and Daunia metallurgical coal mines acquired in 2024.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.63

20 Aug
2026

0.080

OPEN

$7.69

1.06%

HIGH

$7.82

10,083,436

LOW

$7.41

TARGET
$8.225

-0.08 change from previous day

7.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BRL . CRN . MMI . NHC . SMR . TER . YAL .
FNARENA'S MARKET CONSENSUS FORECASTS
WHC: 1
Title FY25
Actual
FY26
Actual
FY27
Forecast
FY28
Forecast
EPS (cps) xxx 48.6 46.5 xxx
DPS (cps) xxx 0.0 15.9 xxx
EPS Growth xxx - 40.1% - 4.3% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 16.7 xxx
Dividend Yield xxx N/A 2.0% xxx
Div Pay Ratio(%) xxx N/A 34.1% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

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: 26/02 - ex-div 4.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx48.6
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx5,401.0 M
Book Value Per Share xxxxxxxxxxxxxxx723.5
Net Operating Cash Flow xxxxxxxxxxxxxxx804.0 M
Net Profit Margin xxxxxxxxxxxxxxx7.13 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx6.63 %
Return on Invested Capital xxxxxxxxxxxxxxx4.91 %
Return on Assets xxxxxxxxxxxxxxx3.21 %
Return on Equity xxxxxxxxxxxxxxx6.63 %
Return on Total Capital xxxxxxxxxxxxxxx6.51 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx382.0 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx139 M
Long Term Debt xxxxxxxxxxxxxxx2,183 M
Total Debt xxxxxxxxxxxxxxx2,322 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx778 M
Price To Book Value xxxxxxxxxxxxxxx1.05

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx355.0 M
Capex % of Sales xxxxxxxxxxxxxxx6.57 %
Cost of Goods Sold xxxxxxxxxxxxxxx4,268 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx613 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx218 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

0.5

No. Of Recommendations

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

Morgans

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

20/08/2026

1

Buy

$9.60

25.82%

Whitehaven Coal's FY26 result was softer than Ord Minnett expected, although shareholder returns were supported by a 6cps final dividend and matching $47m buyback.

FY27 guidance also disappointed, with equity sales of 23.9Mt to 26.0Mt around -5% below the broker and consensus forecasts, while cost and capex guidance were also higher than expected amid operational issues at Daunia and Narrabri.

Despite this, the analyst forecasts FCF will rise 80% to $890m in FY27, supporting deleveraging and increased shareholder returns as deferred acquisition payments largely fall away.

Forecasts were lowered for production and costs, prompting the target to fall to $9.60 from $10.20, while Buy is retained on valuation and an expected 14% FY27 FCF yield.

FORECAST
Ord Minnett forecasts a full year FY27 dividend of 16.30 cents and EPS of 51.50 cents.
Ord Minnett forecasts a full year FY28 dividend of 9.20 cents and EPS of 36.80 cents.

Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

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

WHC STOCK CHART