Westshore Terminals (WTE) AI Stock Analysis

• Market Cap: C$1.38B
• Dividend Yield: 6.7%
• Average Volume (3M): 133.06K
• Price to Earnings (P/E): 12.7
• Beta (1Y): 0.77
• Revenue Growth: 11.00%
• EPS Growth: 13.78%
• Country: CA
• Employees: 423
• Sector: Industrials
• Sector Strength: 80
• Industry: Marine Shipping
• EPS (TTM): 0.19
• Shares Outstanding: 61,769,768
• 10 Day Avg. Volume: 113,250
• 30 Day Avg. Volume: 133,060
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: C$23.00
• Price Target Upside: 2.50% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

Westshore Terminals presents a strong financial performance with solid profitability and cash flow, though increasing debt levels warrant caution. Technical analysis indicates potential bearish trends, yet the valuation remains attractive with a good dividend yield. Corporate events highlight strategic growth initiatives. Overall, the stock is well-positioned but requires monitoring of operational efficiency and market trends.

Westshore Terminals Business Overview & Revenue Model

Company Description

Westshore Terminals Investment Corporation operates one of the largest coal export terminals in North America, located at Roberts Bank, British Columbia, Canada. The terminal serves as a key logistics hub, facilitating the loading of coal onto ships for export to international markets. Westshore primarily handles metallurgical and thermal coal, supporting the mining and energy sectors by providing essential infrastructure for the export of coal to global destinations.

How the Company Makes Money

Westshore Terminals generates revenue by providing coal handling services to mining companies. The company earns money through long-term contracts with coal producers, charging fees based on the volume of coal loaded onto ships. These fees are structured around the throughput volume and the services offered, such as storage, blending, and loading. Additionally, Westshore may benefit from strategic partnerships with key players in the mining industry, enhancing its ability to secure stable and predictable revenue streams. The terminal's advantageous location and capacity enable it to serve as a critical node in the coal supply chain, attracting significant export volumes.

Westshore Terminals Financial Statement Overview

Summary

Westshore Terminals demonstrates a solid financial position with strong profitability and cash flow generation. The company benefits from stable revenue and a robust gross profit margin. However, increasing debt levels and the absence of EBIT in 2024 highlight potential concerns that could impact operational efficiency.

Income Statement

Westshore Terminals has demonstrated stable revenue with a moderate growth trajectory, as shown by the revenue growth from 2023 to 2024. The gross profit margin is robust, indicating efficient cost management. However, the absence of EBIT in 2024 raises concerns about operational efficiency. The net profit margin remains strong, reflecting profitability.

Balance Sheet

The company maintains a healthy equity ratio, indicating a stable financial structure. The debt-to-equity ratio has increased, suggesting a higher reliance on debt financing, which could pose risks if not managed. Return on Equity remains strong, showcasing effective use of equity capital despite the increase in liabilities.

Cash Flow

Westshore Terminals shows strong cash flow management with substantial operating cash flows. The free cash flow has slightly increased from the previous year, indicating effective capital expenditure control. The operating cash flow to net income ratio is high, underscoring efficient cash utilization in generating profits.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
381.00M	291.96M	340.47M	368.41M	395.42M
	Gross Profit
179.63M	114.05M	172.32M	200.57M	218.71M
	EBIT
160.47M	104.17M	158.56M	185.90M	202.70M
	EBITDA
192.87M	134.40M	186.98M	212.08M	227.57M
	Net Income Common Stockholders
116.56M	66.84M	107.81M	126.92M	139.38M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
164.75M	156.03M	243.49M	201.43M	131.86M
	Total Assets
1.39B	1.26B	1.30B	1.25B	1.21B
	Total Debt
277.89M	280.57M	283.32M	285.99M	288.57M
	Net Debt
113.14M	124.55M	39.83M	84.56M	156.71M
	Total Liabilities
665.09M	546.09M	508.38M	510.82M	497.47M
	Stockholders Equity
729.55M	712.71M	788.47M	740.58M	709.84M
Cash Flow		Free Cash Flow
97.95M	36.27M	128.46M	159.51M	142.48M
	Operating Cash Flow
189.59M	91.20M	136.57M	176.39M	164.02M
	Investing Cash Flow
-91.64M	-54.93M	-8.11M	-16.07M	-20.71M
	Financing Cash Flow
-88.27M	-123.74M	-86.40M	-90.75M	-61.49M

Westshore Terminals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 22.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WTE, the sentiment is Negative. The current price of 22.44 is below the 20-day moving average (MA) of 24.45, below the 50-day MA of 24.30, and below the 200-day MA of 23.15, indicating a bearish trend. The MACD of -0.34 indicates Positive momentum. The RSI at 33.29 is Neutral, neither overbought nor oversold. The STOCH value of 4.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WTE.

Westshore Terminals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CNR	76 Outperform	$87.81B	19.60	21.81%	2.46%	2.60%	-15.63%
CP	75 Outperform	$94.15B	22.47	7.62%	0.74%	19.28%	8.71%
WTE	71 Outperform	C$1.38B	12.74	15.75%	6.70%	11.00%	13.78%
AC	68 Neutral	$5.03B	3.09	112.28%	―	1.93%	-24.67%
Sector *	64 Neutral	$4.24B	11.64	5.23%	249.83%	4.07%	-10.54%
TFII	63 Neutral	$9.37B	17.90	14.78%	2.10%	16.00%	-17.63%
CN	46 Neutral	C$15.53M	―	-5.28%	―	―	-353.33%

Westshore Terminals Corporate Events

Westshore Terminals Announces Q1 Earnings, Dividend, and Leadership Changes

Westshore Terminals announced its first-quarter earnings report and a Q2 dividend of $0.375 per share, payable by July 15, 2025. Significant leadership changes were also disclosed, with CEO William Stinson retiring and being succeeded by Glenn Dudar, while Dallas Ross will become Chair of the Board and Angela Morfitt will take over as CFO. These changes mark a strategic transition for the company, potentially impacting its future operations and market positioning.

Spark’s Take on TSE:WTE Stock

According to Spark, TipRanks’ AI Analyst, TSE:WTE is a Outperform.

Westshore Terminals is well-positioned financially, with strong profitability and cash flow, which are bolstered by a favorable valuation and technical indicators that suggest further price appreciation. Despite some concerns over increasing debt and operational efficiency, the company’s ongoing projects and commitment to shareholder returns provide a solid investment case.

To see Spark’s full report on TSE:WTE stock, click here.

Westshore Terminals Declares Q1 Dividend and Updates on Potash Project Progress

Westshore Terminals announced a Q1 2025 dividend of $0.375 per share, reflecting its ongoing commitment to shareholder returns amidst a projected throughput of 26.5 million tonnes for the year. The company is advancing its potash project with BHP’s Jansen Mine, having spent $545 million to date, with future costs expected to be covered by cash reserves and borrowing. Despite cost overruns due to inflation and engineering delays, the project remains on track for completion in 2026, with significant revenue anticipated in 2027.

Westshore Terminals Releases 2024 Financial Statements

Westshore Terminals Investment Corporation has filed its audited consolidated financial statements for the year ending December 31, 2024, along with the management’s discussion and analysis with Canadian regulatory authorities. This filing is a routine disclosure that provides transparency and insight into the company’s financial health, which is crucial for stakeholders and investors in assessing the company’s performance and future prospects.