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Whitehaven Coal Limited (WHITF)
:WHITF
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Whitehaven Coal Limited (WHITF) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.13B
Dividend Yield3.83%
Average Volume (3M)13.99K
Price to Earnings (P/E)27.5
Beta (1Y)0.85
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees2,500
SectorEnergy
Sector Strength42
IndustryCoal
Share Statistics
EPS (TTM)0.06
Shares Outstanding836,600,770
10 Day Avg. Volume7,431
30 Day Avg. Volume13,993
Financial Highlights & Ratios
PEG Ratio-0.19
Price to Book (P/B)0.89
Price to Sales (P/S)0.00
P/FCF Ratio-35.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$4.18Price Target Upside10.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Whitehaven Coal Limited Business Overview & Revenue Model
Company DescriptionWhitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales. The company sells coal in Japan, Korea, Taiwan, India, Malaysia, New Caledonia, Vietnam, Thailand, Indonesia, and Europe. Whitehaven Coal Limited was founded in 1999 and is based in Sydney, Australia.
How the Company Makes Money
Whitehaven Coal Limited Earnings Call Summary
Earnings Call Date:Feb 19, 2025
(Q4-2024)
| % Change Since: 14.89%|
Next Earnings Date:Aug 21, 2025
Earnings Call Sentiment Positive
The earnings call reflected a strong performance in integrating and operating new assets in Queensland, significant achievements in safety, and fulfillment of production guidance in New South Wales. However, logistical challenges in Daunia and inflationary pressures on production costs were highlighted as areas of concern.Q4-2024 Updates
Positive Updates
Strong Production and Integration in Queensland
Successfully integrated Queensland operations with 4.8 million tonnes ROM production and 3.2 million tonnes in sales, reflecting strong operational performance.
Record Safety Performance in New South Wales
New South Wales reported a TRIFR of 3.3, marking a 30% improvement from FY '23.
Fulfillment of Guidance in New South Wales
New South Wales operations achieved ROM production of 19.7 million tonnes, well within the guidance range, and average coal price of AUD 217 per tonne for the full year.
Successful Transition and Asset Performance
Smooth transition of Queensland assets into Whitehaven's portfolio, with both Blackwater and Daunia showing strong production results.
Coal Price Realization Stability
New South Wales operations achieved an average realized coal price of AUD 207 per tonne, consistent with market averages.
Negative Updates
Rail Logistics Challenges in Daunia
Rail service allocation issues in Daunia led to sales slippage into the September quarter.
Inflationary Pressures on Production Costs
Production costs slightly exceeded guidance by AUD 1 due to inflation and lower than expected production from Narrabri.
Uncertainty in Realized Pricing for Queensland Secondary Products
Realized pricing for PCI and semi-soft coal products impacted by Russian supply, achieving 66% of the PLV hard coke price, below historical averages.
Company Guidance
During the Q4 2024 earnings call for Whitehaven Coal (WHC.AX), comprehensive guidance was provided regarding production, sales, pricing, and operational metrics. The company achieved a strong ROM production of 4.8 million tonnes in Queensland and 4.9 million tonnes in New South Wales, meeting their guidance. Queensland sales were reported at 3.2 million tonnes, with some slippage expected to fall into the September quarter. The average coal price in Queensland was AUD 271 per tonne, while New South Wales achieved AUD 207 per tonne for the quarter. Safety performance was a highlight, with a TRIFR of 3.3 in New South Wales and 6.6 in Queensland. Total managed ROM production was 9.7 million tonnes for the quarter, with an annual total of 24.5 million tonnes, marking a 34% increase. The financial guidance included a net debt of AUD 1.3 billion as of June 30, and an emphasis on prudent capital management. The company also addressed integration and operational challenges, particularly regarding rail logistics in Queensland, and provided insights on their strategic focus, including potential changes in capital allocation and asset management.Whitehaven Coal Limited Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 3.82B | 6.06B | 4.92B | 1.56B | 1.72B | Gross Profit |
| 1.91B | 4.59B | 3.60B | 418.93M | 576.45M | EBIT |
| 0.00 | 3.72B | 2.80B | -62.01M | 83.76M | EBITDA |
| 876.00M | 4.11B | 3.07B | -388.68M | 397.36M | Net Income Common Stockholders |
| 355.00M | 2.67B | 1.95B | -543.91M | 30.04M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 405.00M | 2.78B | 1.22B | 95.20M | 106.76M | Total Assets |
| 13.31B | 7.61B | 6.24B | 4.65B | 5.41B | Total Debt |
| 1.89B | 188.95M | 244.70M | 992.71M | 1.02B | Net Debt |
| 1.49B | -2.59B | -970.76M | 897.51M | 917.80M | Total Liabilities |
| 8.04B | 2.35B | 2.03B | 1.95B | 2.16B | Stockholders Equity |
| 5.27B | 5.26B | 4.21B | 2.71B | 3.25B |
| Cash Flow | Free Cash Flow | |||
| -127.00M | 3.34B | 2.37B | 45.37M | -115.56M | Operating Cash Flow |
| 327.00M | 3.58B | 2.52B | 136.23M | 132.79M | Investing Cash Flow |
| -3.81B | -306.94M | -177.19M | -103.59M | -268.00M | Financing Cash Flow |
| 1.12B | -1.72B | -1.23B | -44.19M | 122.44M |
Whitehaven Coal Limited Peers Comparison
Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| $3.13B | 27.46 | 3.39% | 3.83% | ― | ― | ||
57 Neutral | $7.22B | 3.15 | -4.49% | 5.63% | 0.82% | -49.15% | |
| $117.21M | 3.90 | 12.65% | ― | ― | ― | ||
| $2.06B | 6.33 | 22.35% | 9.71% | ― | ― | ||
| $4.56B | 5.55 | 13.93% | 10.17% | ― | ― | ||
70 Neutral | AU$1.75B | 6.02 | 10.52% | 8.94% | -13.91% | -58.85% | |
54 Neutral | AU$310.14M | ― | -16.23% | 8.28% | -17.57% | -1132.91% |
* Energy Sector Average
Performance Comparison
WHITF
Whitehaven Coal Limited
3.80
-1.12
-22.76%
BTURF
Bathurst Resources Ltd
0.47
-0.07
-12.96%
NHPEF
New Hope Corporation Limited
2.77
-0.16
-5.46%
YACAF
Yancoal Australia Ltd.
3.45
-0.36
-9.45%
AU:SMR
Stanmore Resources Ltd
1.94
-1.28
-39.75%
AU:CRN
Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh
0.18
-1.02
-85.00%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
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.