WISETECH GLOBAL LIMITED (WTC)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

WTC - WISETECH GLOBAL LIMITED

FNArena Sector : Cloud services
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 0.21
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS | ALL-TECH

WiseTech Global is an Australian developer and provider of software solutions to the global logistics industry. Founded in 1994 the company listed on the ASX in 2016. Started life as logistics support act for AC/DC tours around the world.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$121.33

20 Dec
2024

2.070

OPEN

$118.99

1.74%

HIGH

$121.46

3,354,233

LOW

$118.40

TARGET
$141.929 17.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
3DP . AIM . BTH . DSE . DUB . DUG . ERD . FCL . FCT . GDC . MAQ . MP1 . NXT . RCL . SDR . TNE . XPN .
FNARENA'S MARKET CONSENSUS FORECASTS
WTC: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx 79.4 111.4 xxx
DPS (cps) xxx 16.9 22.0 xxx
EPS Growth xxx 22.5% 40.3% xxx
DPS Growth xxx 12.7% 30.3% xxx
PE Ratio xxx N/A 108.9 xxx
Dividend Yield xxx N/A 0.2% xxx
Div Pay Ratio(%) xxx 21.3% 19.8% xxx

Dividend yield today if purchased 3 years ago: 0.28%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.14

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: 06/09 - ex-div 9.20c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx79.4
DPS All xxxxxxxxxxxxxxx16.9
Sales/Revenue xxxxxxxxxxxxxxx1,041.7 M
Book Value Per Share xxxxxxxxxxxxxxx669.4
Net Operating Cash Flow xxxxxxxxxxxxxxx435.3 M
Net Profit Margin xxxxxxxxxxxxxxx25.23 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx12.80 %
Return on Invested Capital xxxxxxxxxxxxxxx12.45 %
Return on Assets xxxxxxxxxxxxxxx9.58 %
Return on Equity xxxxxxxxxxxxxxx12.80 %
Return on Total Capital xxxxxxxxxxxxxxx17.16 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx357.4 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 xxxxxxxxxxxxxxx11 M
Long Term Debt xxxxxxxxxxxxxxx94 M
Total Debt xxxxxxxxxxxxxxx105 M
Goodwill - Gross xxxxxxxxxxxxxxx1,665 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx122 M
Price To Book Value xxxxxxxxxxxxxxx14.98

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx198.2 M
Capex % of Sales xxxxxxxxxxxxxxx19.03 %
Cost of Goods Sold xxxxxxxxxxxxxxx249 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx409 M
Research & Development xxxxxxxxxxxxxxx172 M
Investments - Total xxxxxxxxxxxxxxx0 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

0.9

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

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

UBS

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

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

Macquarie

04/12/2024

1

Outperform

$152.70

25.86%

Macquarie remains resolute in its position on WiseTech Global post the investor day, highlighting while new products might be delayed, the quality of the product is more important for the investment thesis.

The broker states, "we won't confuse a trading decision with an investment decision."

The reorganisation of management is viewed as a net positive, with Richard White freed up to spend an incremental 20% of his time on product development, a favourable outcome for the business. The depth and strength of management were also evident, confirming feedback from channel checks.

Macquarie noted existing customer penetration remains low, with CargoWise estimated at 9% of global manufactured freight volumes, and the company focusing on product development across all parts of the value chain.

The Outperform rating is re-stated with an unchanged $152.70 target price.

FORECAST
Macquarie forecasts a full year FY25 dividend of 23.10 cents and EPS of 118.00 cents.
Macquarie forecasts a full year FY26 dividend of 34.30 cents and EPS of 175.00 cents.

Morgans

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxx

$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

Ord Minnett

xx/xx/xxxx

2

xxxxxxx xx xxxxxxxxxx xxxx xxxx

$xx.xx

xx.xx%

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

EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

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

Jarden

28/11/2024

3

Neutral

$116.00

-4.39%

Jarden revises estimates for WiseTech Global following its FY25 guidance downgrade, citing a delay in the commercial launch of the Container Transport Optimisation module. The delay is expected to shift some revenue and profit into FY26.

Revenue guidance for FY25 is reduced to $1,200-$1,300m, down -6% at the midpoint, while earnings (EBITDA) guidance is cut to $600-$660m, representing a -7% downgrade.

The broker lowers FY25 revenue and EBITDA forecasts by -4% and -7%, respectively, with NPATA reduced by -8% to $381m. FY26 NPATA is also lowered by -4% but still reflects strong growth of 41%.

Jarden raises the target price to $116 from $101, citing long-term earnings upgrades and a lower risk-free rate, while maintaining a Neutral rating.

FORECAST
Jarden forecasts a full year FY25 dividend of 21.70 cents and EPS of 113.00 cents.
Jarden forecasts a full year FY26 dividend of 30.80 cents and EPS of 158.00 cents.

WTC STOCK CHART