Wilmar International Limited

F34.SI : Singapore Exchange

3.120

-0.32%

Share Price in SGD. As of 29 May 09:19:37 SGT

Chart

Key stats

  • 52-Week High
    SGD 4.100
  • 52-Week Low
    SGD 3.070
  • Market Cap
    SGD 19B
  • Avg Volume
    4.7M
  • P/E Ratio (TTM)
    9.45
  • Forward Dividend Yield
    5.45%

Share Price Performance

F34.SI
Market
1 Day 0.00% 0.01%
5 Day -0.64% 0.14%
1 Month -6.59% 1.38%
6 Month -15.22% 7.86%
YTD -11.61% 3.01%
1 Year -19.17% -1.39%
5 Year -21.80% 0.80%
Include dividend return

All

Market Analysis

Consensus Share Price Target

Price Target: $3.833

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 29 May 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

    07 Jul 2023

    Hold

    3.990

    (prev 4.270)

  • OCBC Investment

    26 Feb 2024

    Buy

    4.220

    (prev 4.420)

  • RHB Invest

    15 Aug 2023

    Buy

    4.250

    (prev 4.650)

  • UOB Kay Hian

    23 Feb 2024

    Hold

    3.350

Analyst Reports

Beansprout Insights

Valuation

Price to earnings (P/E) ratio

Current P/E
8
Historical Average P/E
11.3

Wilmar International Limited's current P/E ratio of 8x is lower than its historical average P/E ratio of 11.3x.

Price to book (P/B) ratio

Current P/B
1
Historical Average P/B
1

Wilmar International Limited's current P/B ratio of 1x is lower than 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.

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

21 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

26 Oct 2023

Third Quarter Results

For period ending 30 Sep 2023

11 Aug 2023

Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

28 Mar 2024

Annual Report

For period ending 31 Dec 2023

31 May 2023

Sustainability Report

For period ending 31 Dec 2022

News

Profile

Company Description

Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia's leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange. At the core of Wilmar's strategy is an integrated agribusiness model that encompasses the entire value chain of the agricultural commodity business, from cultivation and milling of palm oil and sugarcane, to processing, branding and distribution of a wide range of edible food products in consumer, medium and bulk packaging, animal feeds and industrial agri-products such as oleochemicals and biodiesel. It has over 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries and regions. Through scale, integration and the logistical advantages of its business model, Wilmar is able to extract margins at every step of the value chain, thereby reaping operational synergies and cost efficiencies. Supported by a multinational workforce of about 100,000 people, Wilmar embraces sustainability in its global operations, supply chain and communities.

FAQ

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