Westshore Terminals (TSE:WTE)
TSX:WTE
Want to see TSE:WTE full AI Analyst Report?
Top Page
Westshore Terminals
(TSX:WTE)
Select Model
Select Model
Rating:73Outperform
Price Target:
C$45.00
▲(26.44% Upside)
Action:Reiterated
Date:05/04/26
The score is driven primarily by strong profitability and operating cash generation, tempered by weaker free cash flow conversion and moderately higher leverage. Technicals are supportive with an established uptrend and positive MACD, and valuation is reasonable with a solid dividend yield.
Positive Factors
High profitability margins
Sustained high gross, EBIT and net margins indicate durable operating leverage and pricing power in terminal services. This margin profile supports attractive cash generation and returns on assets, helping the business absorb volume swings and sustain investment and distributions over months.
Negative Factors
Weak free cash flow conversion
Low FCF conversion despite strong operating cash flow implies elevated capex or working-capital demands, constraining distributable cash and deleveraging ability. Over a multi-month horizon this limits capacity for incremental buybacks, larger dividends or rapid debt reduction.
Read all positive and negative factors
Positive Factors
Negative Factors
High profitability margins
Sustained high gross, EBIT and net margins indicate durable operating leverage and pricing power in terminal services. This margin profile supports attractive cash generation and returns on assets, helping the business absorb volume swings and sustain investment and distributions over months.
Read all positive factors
Westshore Terminals (WTE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.51B
Dividend Yield5.63%
Average Volume (3M)90.25K
Price to Earnings (P/E)26.9
Beta (1Y)0.37
Revenue Growth-17.56%
EPS Growth-11.37%
CountryCA
Employees423
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)1.59
Shares Outstanding61,769,768
10 Day Avg. Volume77,121
30 Day Avg. Volume90,249
Financial Highlights & Ratios
PEG Ratio-0.85
Price to Book (P/B)2.18
Price to Sales (P/S)4.98
P/FCF Ratio18.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$39.00Price Target Upside9.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.33
Revenue Forecast (FY)C$354.10M
Westshore Terminals Business Overview & Revenue Model
Company Description
Westshore Terminals Investment Corporation operates a coal storage and loading terminal at Roberts Bank, British Columbia. The company has contracts to ship coal from mines in British Columbia, Alberta, and the Northwestern United States. Westshor...
How the Company Makes Money
WTE makes money primarily by providing coal terminal handling and loading services to coal producers and marketers that export through its terminal. Revenue is generated through service charges under commercial arrangements (typically multi-year c...
Westshore Terminals Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
64
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 332.05M | 323.00M | 404.73M | 381.00M | 291.96M | 340.47M |
| Gross Profit | 141.00M | 111.28M | 198.28M | 179.63M | 114.05M | 172.32M |
| EBITDA | 143.22M | 130.39M | 212.01M | 191.00M | 134.40M | 186.98M |
| Net Income | 98.55M | 90.70M | 115.25M | 116.56M | 66.84M | 107.81M |
Balance Sheet | ||||||
| Total Assets | 2.59B | 2.56B | 1.85B | 1.39B | 1.26B | 1.30B |
| Cash, Cash Equivalents and Short-Term Investments | 101.53M | 125.88M | 136.59M | 164.75M | 156.03M | 243.49M |
| Total Debt | 440.63M | 440.86M | 441.41M | 277.89M | 280.57M | 283.32M |
| Total Liabilities | 1.85B | 1.82B | 1.12B | 665.09M | 546.09M | 508.38M |
| Stockholders Equity | 741.95M | 739.09M | 725.90M | 729.55M | 712.71M | 788.47M |
Cash Flow | ||||||
| Free Cash Flow | 54.11M | 86.23M | 98.07M | 97.95M | 36.27M | 128.46M |
| Operating Cash Flow | 411.65M | 406.70M | 396.07M | 189.59M | 91.20M | 136.57M |
| Investing Cash Flow | -358.83M | -324.20M | -298.01M | -91.64M | -54.93M | -8.11M |
| Financing Cash Flow | -92.19M | -93.20M | -126.22M | -88.27M | -123.74M | -86.40M |
Westshore Terminals Technical Analysis
Positive
35.59
Price Trends
35.17
Positive
32.11
Positive
28.54
Positive
Market Momentum
1.38
Negative
77.72
Negative
96.98
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WTE, the sentiment is Positive. The current price of 35.59 is below the 20-day moving average (MA) of 37.28, above the 50-day MA of 35.17, and above the 200-day MA of 28.54, indicating a bullish trend. The MACD of 1.38 indicates Negative momentum. The RSI at 77.72 is Negative, neither overbought nor oversold. The STOCH value of 96.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WTE.
Westshore Terminals Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | C$3.23B | 9.20 | 12.22% | 3.88% | 11.72% | 33.83% | |
73 Outperform | C$2.51B | 26.88 | 13.48% | 5.63% | -17.56% | -11.37% | |
65 Neutral | C$2.10B | 19.45 | 8.72% | 5.21% | 7.92% | -14.19% | |
64 Neutral | C$3.18B | -37.51 | 3.71% | 2.38% | 26.30% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | C$16.57B | 73.02 | 11.18% | 1.75% | -7.84% | -21.07% | |
47 Neutral | C$421.14M | -2.02 | -20.06% | 2.62% | 2.84% | -39.47% |
* Industrials Sector Average
TSE:WTE
Westshore Terminals
40.59
15.84
64.01%
TSE:TFII
TFI International
201.56
82.47
69.25%
TSE:AFN
Ag Growth International
22.39
-14.89
-39.94%
TSE:ARE
Aecon Group Inc.
46.49
28.66
160.78%
TSE:MTL
Mullen Group
21.85
8.59
64.73%
TSE:RUS
Russel Metals
58.58
18.72
46.96%
Westshore Terminals Corporate Events
Business Operations and StrategyDividendsFinancial DisclosuresRegulatory Filings and Compliance
Westshore Terminals Files 2025 Results, Declares Q1 2026 Dividend and Issues 2026 Volume Guidance
Positive
Mar 14, 2026
Westshore Terminals Investment Corporation has filed its audited consolidated financial statements for the year ended December 31, 2025, along with the accompanying management’s discussion and analysis with Canadian securities regulators, ma...
Business Operations and StrategyPrivate Placements and Financing
Westshore Terminals Secures Expanded $165 Million Credit Facility to Back Potash Project and Operations
Positive
Feb 21, 2026
Westshore Terminals Investment Corporation has secured a new $165 million revolving credit facility for its Westshore Terminals Limited Partnership subsidiary with Royal Bank of Canada and The Bank of Nova Scotia, replacing and expanding a previou...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.