Westshore Terminals (WTE) AI Stock Analysis

• Market Cap: C$1.58B
• Dividend Yield: 5.82%
• Average Volume (3M): 79.79K
• Price to Earnings (P/E): 15.4
• Beta (1Y): 0.64
• Revenue Growth: 4.19%
• EPS Growth: -1.65%
• Country: CA
• Employees: 423
• Sector: Industrials
• Sector Strength: 79
• Industry: Marine Shipping
• EPS (TTM): 0.42
• Shares Outstanding: 61,769,768
• 10 Day Avg. Volume: 80,806
• 30 Day Avg. Volume: 79,793
• 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: C$30.00
• Price Target Upside: 16.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: C$28.00 ▲(8.61% Upside)

Westshore Terminals' overall score is driven by its solid financial performance and attractive valuation, despite technical indicators suggesting bearish momentum. The decline in revenue and free cash flow growth is a concern, but the stable balance sheet and strong dividend yield provide a buffer.

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. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Westshore Terminals generates revenue through its operations as a coal export facility. The company earns money by charging fees for the handling, storage, and loading of coal onto ships for export. These fees are typically based on the volume of coal processed through the terminal. The company's revenue is heavily dependent on the volume of coal exported and global demand for coal, which can be influenced by international market conditions and energy needs. In addition to handling fees, Westshore may have long-term contracts with coal producers, providing a stable revenue stream over time. The terminal's strategic location and capacity make it a key player in the coal export industry, contributing to its financial performance.

Westshore Terminals Financial Statement Overview

Summary

Westshore Terminals demonstrates solid profitability with strong margins and a stable balance sheet. However, the decline in revenue and free cash flow growth poses potential risks that need to be addressed to maintain financial health.

Income Statement

Westshore Terminals shows strong profitability with a consistent gross profit margin around 49-50% and a net profit margin of approximately 26% in TTM. However, the revenue growth rate has turned negative in the TTM, indicating a decline in revenue compared to the previous period. The EBIT and EBITDA margins remain healthy, reflecting efficient operations despite the revenue drop.

Balance Sheet

The company's balance sheet is stable with a moderate debt-to-equity ratio of 0.61, indicating manageable leverage. Return on equity is solid at 14.3%, showing effective use of equity to generate profits. The equity ratio is not explicitly calculated, but the company's equity position appears strong relative to its assets.

Cash Flow

Operating cash flow is robust, with a coverage ratio of 2.01, indicating strong cash generation relative to net income. However, free cash flow has declined significantly by 46.3% in the TTM, which could be a concern for future investments or debt repayments. The free cash flow to net income ratio is relatively low at 0.17, suggesting limited cash flow available after capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	392.46M	404.73M	381.00M	291.96M	340.47M	368.41M
Gross Profit	194.40M	198.28M	179.63M	114.05M	172.32M	200.57M
EBITDA	196.34M	212.01M	192.87M	134.40M	186.98M	212.08M
Net Income	102.53M	115.25M	116.56M	66.84M	107.81M	126.92M
Balance Sheet
Total Assets	2.00B	1.85B	1.39B	1.26B	1.30B	1.25B
Cash, Cash Equivalents and Short-Term Investments	89.62M	136.59M	164.75M	156.03M	243.49M	201.43M
Total Debt	441.14M	441.41M	277.89M	280.57M	283.32M	285.99M
Total Liabilities	1.28B	1.12B	665.09M	546.09M	508.38M	510.82M
Stockholders Equity	723.56M	725.90M	729.55M	712.71M	788.47M	740.58M
Cash Flow
Free Cash Flow	71.15M	98.07M	97.95M	36.27M	128.46M	159.51M
Operating Cash Flow	414.82M	396.07M	189.59M	91.20M	136.57M	176.39M
Investing Cash Flow	-344.32M	-298.01M	-91.64M	-54.93M	-8.11M	-16.07M
Financing Cash Flow	-91.14M	-126.22M	-88.27M	-123.74M	-86.40M	-90.75M

Westshore Terminals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 25.78
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 25.78 is below the 20-day moving average (MA) of 26.46, below the 50-day MA of 27.08, and above the 200-day MA of 24.44, indicating a neutral trend. The MACD of -0.49 indicates Positive momentum. The RSI at 38.09 is Neutral, neither overbought nor oversold. The STOCH value of 28.01 is Neutral, 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
WTE	66 Neutral	C$1.58B	15.42	14.38%	5.82%	4.19%	-1.65%
Sector *	64 Neutral	$10.96B	16.35	8.89%	1.96%	2.68%	-15.17%
BDGIF	―	$1.42B	25.54	21.65%	1.26%	―	―
MTL	74 Outperform	C$1.20B	11.94	9.99%	6.07%	5.52%	-18.01%
MAL	56 Neutral	C$890.22M	23.47	4.85%	0.80%	6.58%	121.23%
RUSMF	―	$1.69B	14.50	9.90%	4.02%	―	―
CGJTF	―	$1.14B	11.11	19.73%	1.37%	―	―

Westshore Terminals Corporate Events

Westshore Terminals Reports Berth 1 Outage and Adjusts 2025 Throughput Forecast

Westshore Terminals announced a fire incident at Berth 1, which will result in the berth being out of service for approximately ten weeks for repairs. This outage is expected to reduce the company’s 2025 throughput volumes to 24.0-24.5 million tonnes from the previously estimated 26.0 million tonnes, impacting its operational capacity and potentially affecting customer agreements.

Westshore Terminals Releases Q2 2025 Earnings and Announces Dividend

Westshore Terminals Investment Corporation has released its second-quarter earnings report for 2025 and announced a dividend of $0.375 per share to be paid by October 15, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders and maintaining its financial health, which could positively impact its market positioning and stakeholder confidence.