Wilmar International Limited
F34.SI : Singapore Exchange
3.100
0.00%
Share Price in SGD. As of 26 Jul 17:13:35 SGT
All
Chart
Key stats
- 52-Week HighSGD 3.930
- 52-Week LowSGD 3.070
- Market CapSGD 19B
- Avg Volume3.4M
- P/E Ratio (TTM)9.39
- Forward Dividend Yield5.5%
Share Price Performance
| F34.SI | Market
| |
|---|---|---|
| 1 Day | -0.32% | 0.24% |
| 5 Day | 0.00% | -0.31% |
| 1 Month | -0.96% | 2.49% |
| 6 Month | -5.78% | 9.02% |
| YTD | -12.18% | 6.08% |
| 1 Year | -16.89% | 6.50% |
| 5 Year | -16.89% | 9.82% |
Market Analysis
Consensus Share Price Target
Price Target: $3.793
Source: SGX as of 27 Jul 2024
Analyst Ratings
CGS-CIMB
07 Mar 2024
Add
3.940
(prev 4.050)
DBS Research
30 Oct 2023
Buy
4.300
(prev 5.300)
Maybank Research
06 May 2024
Hold
3.990
OCBC Investment
26 Feb 2024
Buy
4.220
(prev 4.420)
RHB Invest
23 Feb 2024
Buy
4.100
(prev 4.250)
UOB Kay Hian
05 May 2024
Hold
3.350
Analyst Reports
Valuation
Price to earnings (P/E) ratio
8.2
11.2
Wilmar International Limited's current P/E ratio of 8.2x is lower than its historical average P/E ratio of 11.2x.
Price to book (P/B) ratio
1
1
Wilmar International Limited's current P/B ratio of 1x is inline with its historical average P/B ratio of 1x.
Earnings
Earnings Highlights
1Q 2024 Results Summary
Revenue: SGD 15.68B
Decreased 7% Year-on-Year
The Group continued to see an increase in volume of sales across all its core businesses during the quarter. Nevertheless, as most commodity prices have declined since 1Q2023, overall revenue recognised by the Group decreased by 7.3% to US$15.68 billion for the quarter.
Net Profit: SGD 303M
Decreased 23% Year-on-Year
The decline in commodity prices led to lower raw material cost for Food Products segment. However, weaker performance from our sugar merchandising division lowered profits for Feed and Industrial Products segment while our tropical oils and crushing businesses remained challenging. Share of profits from associates and joint ventures was reduced mainly due to our investments in China. Together with non-operating losses recognised from the Group's investment securities, net profit for the quarter declined.
Debt to Equity Ratio: 81%
Decreased 8% Year-on-Year
The seasonal reduction in overall inventory balance and continued softening of most commodity prices led to lower working capital requirements, reducing net debt to US$16.3 billion as of 31 March 2024.
Outlook
The global economic outlook is expected to remain uncertain throughout 2024 and we foresee the difficult operating conditions to continue into the year. Nevertheless, with our diversified and integrated business model, we expect results for the rest of the year to remain satisfactory.
Sources: Wilmar International Limited Financial Report
Earnings per share (EPS)
The latest earnings per share is $0.53, which is higher than the earnings per share of $0.40 in 2021.
Financials
Financial Statements
| 29 Apr 2024 | For period ending 31 Mar 2024 |
| 21 Feb 2024 | For period ending 31 Dec 2023 |
| 26 Oct 2023 | For period ending 30 Sep 2023 |
| 11 Aug 2023 | For period ending 30 Jun 2023 |
Annual Reports
| 30 May 2024 | For period ending 31 Dec 2023 |
| 28 Mar 2024 | For period ending 31 Dec 2023 |