Whitefield Ltd (WHF) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 3.8%
• Average Volume (3M): 66.77K
• Price to Earnings (P/E): 29.6
• Beta (1Y): 0.37
• Revenue Growth: 6.90%
• EPS Growth: 8.29%
• Country: AU
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.10
• Shares Outstanding: 120,468,910
• 10 Day Avg. Volume: 61,067
• 30 Day Avg. Volume: 66,769
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: ―

Whitefield Ltd demonstrates strong financial stability with high profitability and effective cash flow management. However, technical indicators suggest potential short-term downward price movement, and the high P/E ratio raises valuation concerns. The lack of recent earnings call data limits insights into future guidance.

Whitefield Ltd Business Overview & Revenue Model

Company Description

Whitefield Limited operates in the securities industry primarily in Australia. The company invests in shares and securities. The company was founded in 1923 and is based in Sydney, Australia.

How the Company Makes Money

Whitefield Ltd Financial Statement Overview

Summary

Whitefield Ltd showcases strong financial health with consistent revenue growth, high profitability margins, and efficient cash flow management. Its conservative leverage and substantial equity position provide financial stability. While overall performance is excellent, a lack of EBITDA data and potential industry volatility are considerations.

Income Statement

Whitefield Ltd demonstrates solid profitability with a rising gross profit margin, which stands at 100%. The net profit margin has improved to 82.8% from 84.5% in the previous year. Revenue growth is healthy at 15.88%. EBIT margin is strong at 90.5%, indicating efficient operations. However, the absence of EBITDA figures limits comprehensive evaluation.

Balance Sheet

The company maintains a robust equity position with an equity ratio of 85.3%, reflecting financial stability. The debt-to-equity ratio is low at 0.04, indicating conservative leverage. Return on equity is high at 3.3%. The company's strong equity base and low leverage mitigate financial risks.

Cash Flow

Operating cash flow exceeds net income, resulting in a high operating cash flow to net income ratio of 0.96, highlighting efficient cash generation. The company enjoys a free cash flow growth rate of 8.09%, reinforcing its capacity to fund operations and growth. Free cash flow to net income ratio remains healthy at 0.96, showing strong cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	26.38M	26.38M	24.68M	21.31M	19.92M	12.21M
Gross Profit	26.38M	26.31M	24.68M	21.82M	19.87M	12.75M
EBITDA	0.00	23.65M	0.00	0.00	612.39K	0.00
Net Income	22.39M	22.39M	20.43M	18.01M	16.79M	9.82M
Balance Sheet
Total Assets	728.60M	728.60M	723.88M	623.82M	650.90M	547.60M
Cash, Cash Equivalents and Short-Term Investments	6.92M	6.92M	8.52M	5.24M	5.65M	6.04M
Total Debt	0.00	0.00	25.39M	25.21M	25.03M	32.64M
Total Liabilities	78.42M	78.42M	106.81M	72.50M	92.71M	89.40M
Stockholders Equity	650.17M	650.17M	617.07M	551.32M	558.20M	458.20M
Cash Flow
Free Cash Flow	16.55M	16.55M	19.70M	18.23M	14.11M	10.22M
Operating Cash Flow	16.55M	16.55M	19.70M	18.23M	14.11M	10.22M
Investing Cash Flow	21.71M	14.48M	4.19M	-21.35M	-64.96M	-52.81M
Financing Cash Flow	-48.92M	-32.62M	-20.61M	2.71M	50.47M	-3.52M

Whitefield Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.53
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WHF, the sentiment is Negative. The current price of 5.53 is below the 20-day moving average (MA) of 5.57, below the 50-day MA of 5.62, and above the 200-day MA of 5.49, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 42.85 is Neutral, neither overbought nor oversold. The STOCH value of 31.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WHF.

Whitefield Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WAM	73 Outperform	―	9.58	―	8.24%	-6.60%	-5.26%
BKI	72 Outperform	―	23.21	―	4.44%	0.65%	-4.61%
WHF	70 Outperform	―	29.57	3.53%	3.80%	6.90%	8.29%
AFI	68 Neutral	―	31.62	―	4.39%	-2.60%	-4.34%
ARG	64 Neutral	―	27.04	3.81%	4.02%	1.56%	2.16%
CAM	55 Neutral	―	34.39	―	9.72%	1.03%	-32.12%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Whitefield Ltd Corporate Events

Whitefield Industrials Reports Decline in NTA Backing for March 2025

Whitefield Industrials Limited reported a decrease in its Net Tangible Asset (NTA) backing per ordinary share for March 2025, with post-tax NTA declining from $5.59 to $5.41. The company’s investment portfolio showed mixed performance, with a notable decrease in share price by 5.65% over the quarter, although it achieved a 5.35% increase over the year. The company’s top investments include major Australian banks and corporations, and its sector allocation is heavily weighted towards financials. The report highlights the company’s long-term investment strategy, despite short-term fluctuations in asset backing and share price.

Whitefield Industrials Director Increases Stake

Whitefield Industrials Limited has announced a change in the director’s interest notice concerning Angus J Gluskie. The company, which operates in the industrial sector, reported that Gluskie acquired an additional 500,000 ordinary shares through an on-market trade, increasing his total holding to 18,201,927 ordinary shares. This acquisition, valued at $2,635,786, reflects a significant increase in Gluskie’s stake in the company, potentially indicating confidence in the company’s future performance.

Whitefield Industrials Reports Decline in Net Tangible Assets for February 2025

Whitefield Industrials Limited reported a decrease in its Net Tangible Asset (NTA) backing per share as of February 2025, with figures showing a decline from the previous month. The company’s investment portfolio, which includes significant stakes in major Australian banks and corporations, showed a mixed performance with a slight underperformance compared to the S&P/ASX 200 Industrials over various periods. Despite the decrease in NTA, Whitefield maintains a long-term investment strategy and does not anticipate selling its entire portfolio, which may reassure stakeholders about the company’s stability and strategic direction.

Whitefield Ltd Reports Strong Earnings and Dividend Increase

Whitefield Ltd has announced a 4.4% increase in profit after tax to $14,968,448 for the nine months ending December 2024, with earnings per share rising by 5.1% to 12.5 cents. This growth was driven by stronger earnings from key investments such as IAG, The Lotteries Corp, and major banks, despite some companies like Magellan Financial cutting dividends. Additionally, Whitefield increased its half-year dividend to 10.5 cents per share and anticipates a similar increase for the year-end dividend. The company’s net asset backing per share post-deferred tax stands at $5.54, with a slight premium in share price.

Whitefield Industrials Reports Strong Asset Backing and Portfolio Performance

Whitefield Industrials Limited reported its net tangible asset backing per ordinary share as $5.76 after deferred tax as of January 31, 2025, reflecting an increase from the previous month. The company’s portfolio outperformed the S&P/ASX 200 Industrials in both short-term and long-term returns before tax. Whitefield’s top holdings include major financial and healthcare companies, with a significant portion of its investment in the financial sector. The company’s performance and strategic holdings underscore its strong market position and commitment to delivering steady returns to shareholders.