Westshore Terminals (TSE:WTE)
TSX:WTE
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Westshore Terminals
(TSX:WTE)
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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 and margins
Sustained high gross, EBIT and net margins indicate the terminal captures strong per-ton economics versus peers. High margins support internal reinvestment, dividend capacity and resilience to volume swings, giving the business persistent cash-generative strength over cycles.
Negative Factors
Weak free cash flow conversion
Relatively low FCF versus net income indicates elevated capex and/or working capital demands that limit available cash for debt reduction or higher distributions. Persistent weak FCF conversion can constrain strategic flexibility over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
High profitability and margins
Sustained high gross, EBIT and net margins indicate the terminal captures strong per-ton economics versus peers. High margins support internal reinvestment, dividend capacity and resilience to volume swings, giving the business persistent cash-generative strength over cycles.
Read all positive factors
Westshore Terminals (WTE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.27B
Dividend Yield5.63%
Average Volume (3M)90.25K
Price to Earnings (P/E)23.2
Beta (1Y)0.35
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-0.84
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)1.25
Revenue Forecast (FY)C$355.30M
Westshore Terminals Business Overview & Revenue Model
Company Description
Westshore Terminals Investment Corporation manages a significant deep-water terminal at Roberts Bank, British Columbia, specializing in the storage and loading of coal for export. Under various contractual agreements, the company facilitates the s...
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
Neutral
35.59
Price Trends
38.85
Negative
35.61
Positive
30.61
Positive
Market Momentum
-0.65
Positive
30.03
Neutral
3.56
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WTE, the sentiment is Neutral. The current price of 35.59 is below the 20-day moving average (MA) of 40.02, below the 50-day MA of 38.85, and above the 200-day MA of 30.61, indicating a neutral trend. The MACD of -0.65 indicates Positive momentum. The RSI at 30.03 is Neutral, neither overbought nor oversold. The STOCH value of 3.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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 |
|---|---|---|---|---|---|---|---|
74 Outperform | C$3.28B | 16.84 | 12.22% | 3.88% | 11.72% | 33.83% | |
73 Outperform | C$2.27B | 23.16 | 13.48% | 5.63% | -17.56% | -11.37% | |
64 Neutral | C$2.05B | 20.35 | 8.72% | 5.21% | 7.92% | -14.19% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | C$16.84B | 36.72 | 11.18% | 1.75% | -7.84% | -21.07% | |
58 Neutral | C$3.02B | 80.11 | 3.71% | 2.38% | 26.30% | ― | |
49 Neutral | C$377.04M | -6.99 | -20.06% | 2.62% | 2.84% | -39.47% |
* Industrials Sector Average
TSE:WTE
Westshore Terminals
36.83
11.46
45.15%
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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.