Whitehaven Coal Ltd
ASX:WHC
Intrinsic Value
Whitehaven Coal Ltd. engages in the development and operation of coal mines. [ Read More ]
The intrinsic value of one WHC stock under the Base Case scenario is 8.04 AUD. Compared to the current market price of 7.1 AUD, Whitehaven Coal Ltd is Undervalued by 12%.
Valuation Backtest
Whitehaven Coal Ltd
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Fundamental Analysis
Highlights from Company's Earnings Call
2024-Q2 Earnings Call
The company reported coal pricing at $216 average for the quarter, with December coal sales 21% higher than September and managed sales up by 20%. Safety improved with 16% better TRIFR than last year. The acquisition of Daunia and Blackwater was a key milestone, underpinned by a new $1.1 billion facility to cover costs. Despite geological issues at Narrabri, overall coal production was solid, leading to 8% higher saleable coal production at Maules Creek. They are confident in their liquidity for upcoming payments, including a significant payment to BHP in April, supported by their plans for a strong third quarter. The market remained robust, with thermal coal prices around $130, and they anticipate consistent demand.
Balance Sheet Decomposition
Whitehaven Coal Ltd
Current Assets | 2.1B |
Cash & Short-Term Investments | 1.6B |
Receivables | 361.5m |
Other Current Assets | 142.4m |
Non-Current Assets | 4.5B |
Long-Term Investments | 51.1m |
PP&E | 4.3B |
Intangibles | 12.2m |
Other Non-Current Assets | 150.3m |
Current Liabilities | 532.9m |
Accounts Payable | 347.5m |
Accrued Liabilities | 39.7m |
Other Current Liabilities | 145.7m |
Non-Current Liabilities | 876.9m |
Long-Term Debt | 84.1m |
Other Non-Current Liabilities | 792.8m |
Earnings Waterfall
Whitehaven Coal Ltd
Revenue
|
3.8B
AUD
|
Cost of Revenue
|
-1.5B
AUD
|
Gross Profit
|
2.4B
AUD
|
Operating Expenses
|
-694.3m
AUD
|
Operating Income
|
1.7B
AUD
|
Other Expenses
|
-536.3m
AUD
|
Net Income
|
1.1B
AUD
|
Free Cash Flow Analysis
Whitehaven Coal Ltd
What is Free Cash Flow?
WHC Profitability Score
Profitability Due Diligence
Whitehaven Coal Ltd's profitability score is 74/100. The higher the profitability score, the more profitable the company is.
Score
Whitehaven Coal Ltd's profitability score is 74/100. The higher the profitability score, the more profitable the company is.
WHC Solvency Score
Solvency Due Diligence
Whitehaven Coal Ltd's solvency score is 74/100. The higher the solvency score, the more solvent the company is.
Score
Whitehaven Coal Ltd's solvency score is 74/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
WHC Price Targets Summary
Whitehaven Coal Ltd
According to Wall Street analysts, the average 1-year price target for WHC is 8.49 AUD with a low forecast of 6.06 AUD and a high forecast of 12.36 AUD.
Shareholder Return
WHC Price
Whitehaven Coal Ltd
Average Annual Return | 60.97% |
Standard Deviation of Annual Returns | 131.95% |
Max Drawdown | -80% |
Market Capitalization | 5.9B AUD |
Shares Outstanding | 836 601 024 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Whitehaven Coal Ltd. engages in the development and operation of coal mines. The company is headquartered in Sydney, New South Wales. The company went IPO on 2007-06-01. The firm is focused on the development and operation of coal mines in New South Wales and Queensland. The firm operates through two segments: open cut operations and underground operations. The company operates four mines, three open cut and one underground, in the Gunnedah Coal Basin in North West New South Wales, producing metallurgical and thermal coal for export to developing economies across North and South East Asia. The company also operates two development assets , Vickery, near Gunnedah, and Winchester South, in Queensland's Bowen Basin. The firm produces coal using open-cut mining methods at Maules Creek, Tarrawonga, and Werris Creek, and underground mining methods at Narrabri. The Maules Creek is located approximately 45 kilometers south east of Narrabri. The Narrabri underground mine is located approximately 17 kilometers south-east of Narrabri and 70 kilometers north-west of Gunnedah.
Contact
IPO
Employees
Officers
The intrinsic value of one WHC stock under the Base Case scenario is 8.04 AUD.
Compared to the current market price of 7.1 AUD, Whitehaven Coal Ltd is Undervalued by 12%.