Loading...

We've got a brand new version of Simply Wall St! Try it out

Wagners Holding

ASX:WGN
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WGN
ASX
A$323M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Wagners Holding Company Limited produces and sells construction materials in Australia and internationally. The last earnings update was 88 days ago. More info.


Add to Portfolio Compare Print
  • Wagners Holding has significant price volatility in the past 3 months.
WGN Share Price and Events
7 Day Returns
10.2%
ASX:WGN
3.1%
AU Basic Materials
0%
AU Market
1 Year Returns
-41.9%
ASX:WGN
19.5%
AU Basic Materials
15.3%
AU Market
WGN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wagners Holding (WGN) 10.2% 14.6% 37% -41.9% - -
AU Basic Materials 3.1% 10.5% 15.8% 19.5% 9.4% 48.4%
AU Market 0% 0.5% 4.7% 15.3% 21.6% 20.7%
1 Year Return vs Industry and Market
  • WGN underperformed the Basic Materials industry which returned 19.5% over the past year.
  • WGN underperformed the Market in Australia which returned 15.3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

WGN Value

 Is Wagners Holding undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Wagners Holding to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Wagners Holding.

ASX:WGN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:WGN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Basic Materials Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.898 (1 + (1- 30%) (31.2%))
1.063
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.063 * 5.96%)
8.65%

Discounted Cash Flow Calculation for ASX:WGN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Wagners Holding is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

ASX:WGN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.65%)
2020 13.80 Analyst x1 12.70
2021 13.20 Analyst x2 11.18
2022 23.85 Analyst x2 18.60
2023 28.55 Est @ 19.7% 20.49
2024 32.68 Est @ 14.48% 21.59
2025 36.22 Est @ 10.83% 22.02
2026 39.22 Est @ 8.27% 21.95
2027 41.76 Est @ 6.49% 21.51
2028 43.95 Est @ 5.23% 20.83
2029 45.86 Est @ 4.36% 20.01
Present value of next 10 years cash flows A$190.00
ASX:WGN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$45.86 × (1 + 2.31%) ÷ (8.65% – 2.31%)
A$740.71
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$740.71 ÷ (1 + 8.65%)10
A$323.20
ASX:WGN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$190.00 + A$323.20
A$513.20
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$513.20 / 161.38
A$3.18
ASX:WGN Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$3.18
Current discount Discount to share price of A$2.00
= -1 x (A$2.00 - A$3.18) / A$3.18
37.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Wagners Holding is available for.
Intrinsic value
37%
Share price is A$2 vs Future cash flow value of A$3.18
Current Discount Checks
For Wagners Holding to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Wagners Holding's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Wagners Holding's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Wagners Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wagners Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:WGN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$0.08
ASX:WGN Share Price ** ASX (2019-11-15) in AUD A$2
Australia Basic Materials Industry PE Ratio Median Figure of 6 Publicly-Listed Basic Materials Companies 25.13x
Australia Market PE Ratio Median Figure of 519 Publicly-Listed Companies 18.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Wagners Holding.

ASX:WGN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:WGN Share Price ÷ EPS (both in AUD)

= 2 ÷ 0.08

25.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wagners Holding is overvalued based on earnings compared to the AU Basic Materials industry average.
  • Wagners Holding is overvalued based on earnings compared to the Australia market.
Price based on expected Growth
Does Wagners Holding's expected growth come at a high price?
Raw Data
ASX:WGN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 25.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
24.1%per year
Australia Basic Materials Industry PEG Ratio Median Figure of 6 Publicly-Listed Basic Materials Companies 1.11x
Australia Market PEG Ratio Median Figure of 346 Publicly-Listed Companies 1.59x

*Line of best fit is calculated by linear regression .

ASX:WGN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 25.26x ÷ 24.1%

1.05x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wagners Holding is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Wagners Holding's assets?
Raw Data
ASX:WGN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.39
ASX:WGN Share Price * ASX (2019-11-15) in AUD A$2
Australia Basic Materials Industry PB Ratio Median Figure of 7 Publicly-Listed Basic Materials Companies 1.86x
Australia Market PB Ratio Median Figure of 1,585 Publicly-Listed Companies 1.71x
ASX:WGN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:WGN Share Price ÷ Book Value per Share (both in AUD)

= 2 ÷ 0.39

5.16x

* Primary Listing of Wagners Holding.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wagners Holding is overvalued based on assets compared to the AU Basic Materials industry average.
X
Value checks
We assess Wagners Holding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Basic Materials industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Basic Materials industry average (and greater than 0)? (1 check)
  5. Wagners Holding has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WGN Future Performance

 How is Wagners Holding expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wagners Holding expected to grow at an attractive rate?
  • Wagners Holding's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Wagners Holding's earnings growth is expected to exceed the Australia market average.
  • Wagners Holding's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:WGN Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:WGN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 24.1%
ASX:WGN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 10.1%
Australia Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 14.8%
Australia Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
Australia Market Earnings Growth Rate Market Cap Weighted Average 9.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:WGN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:WGN Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 377 42 1
2022-06-30 302 37 22 5
2021-06-30 272 32 21 5
2020-06-30 234 28 12 5
2019-11-15
ASX:WGN Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 237 24 13
2019-03-31 236 27 14
2018-12-31 239 30 16
2018-09-30 237 26 20
2018-06-30 232 21 25
2018-03-31 226 28 23
2017-12-31 221 35 21
2017-09-30 209 32 20
2017-06-30 198 29 19

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Wagners Holding's earnings are expected to grow significantly at over 20% yearly.
  • Wagners Holding's revenue is expected to grow by 10.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:WGN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Wagners Holding Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:WGN Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30 0.22 0.22 0.22 1.00
2022-06-30 0.13 0.19 0.08 4.00
2021-06-30 0.12 0.16 0.06 4.00
2020-06-30 0.07 0.09 0.06 4.00
2019-11-15
ASX:WGN Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 0.08
2019-03-31 0.09
2018-12-31 0.10
2018-09-30 0.13
2018-06-30 0.17
2018-03-31 0.17
2017-12-31 0.17
2017-09-30 0.16
2017-06-30 0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Wagners Holding is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Wagners Holding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Wagners Holding has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WGN Past Performance

  How has Wagners Holding performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Wagners Holding's growth in the last year to its industry (Basic Materials).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Wagners Holding has delivered over 20% year on year earnings growth in the past 5 years.
  • Wagners Holding's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Wagners Holding's 1-year earnings growth is negative, it can't be compared to the AU Basic Materials industry average.
Earnings and Revenue History
Wagners Holding's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Wagners Holding Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:WGN Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 236.89 12.78 69.73
2019-03-31 236.11 14.40 67.64
2018-12-31 239.20 16.02 65.45
2018-09-30 237.30 20.41 61.82
2018-06-30 231.53 24.81 58.28
2018-03-31 226.05 22.93 53.57
2017-12-31 220.58 21.06 48.86
2017-09-30 209.37 20.04 45.82
2017-06-30 198.16 19.02 42.78
2016-06-30 195.30 12.00 70.00
2015-06-30 250.70 -4.90 120.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Wagners Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Wagners Holding used its assets more efficiently than the AU Basic Materials industry average last year based on Return on Assets.
  • Unable to establish if Wagners Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Wagners Holding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Basic Materials industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Wagners Holding has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WGN Health

 How is Wagners Holding's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Wagners Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wagners Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wagners Holding's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Wagners Holding's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Wagners Holding Company Filings, last reported 4 months ago.

ASX:WGN Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 62.61 84.26 6.10
2019-03-31 62.61 84.26 6.10
2018-12-31 60.57 72.62 11.61
2018-09-30 60.57 72.62 11.61
2018-06-30 59.30 71.65 1.50
2018-03-31 59.30 71.65 1.50
2017-12-31 51.49 60.16 3.99
2017-09-30 51.49 60.16 3.99
2017-06-30 -22.74 149.79 7.87
2016-06-30
2015-06-30
  • Wagners Holding's level of debt (134.6%) compared to net worth is high (greater than 40%).
  • Unable to establish if Wagners Holding's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (28.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.3x coverage).
X
Financial health checks
We assess Wagners Holding's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Wagners Holding has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WGN Dividends

 What is Wagners Holding's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Wagners Holding dividends. Estimated to be 2.49% next year.
If you bought A$2,000 of Wagners Holding shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Wagners Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Wagners Holding's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:WGN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Oceania Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 3.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 391 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.4%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:WGN Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2023-06-30 0.11 1.00
2022-06-30 0.06 5.00
2021-06-30 0.05 5.00
2020-06-30 0.02 5.00
2019-11-15
ASX:WGN Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-08-19 0.000 0.000
2019-02-25 0.057 2.851
2018-08-22 0.070 2.011
2018-02-21 0.030 0.731

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Wagners Holding has not reported any payouts.
  • Unable to verify if Wagners Holding's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Wagners Holding's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Wagners Holding has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.9x coverage).
X
Income/ dividend checks
We assess Wagners Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Wagners Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wagners Holding has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WGN Management

 What is the CEO of Wagners Holding's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Cameron Coleman
COMPENSATION A$550,699
TENURE AS CEO 7.3 years
CEO Bio

Mr. Cameron Coleman has been the Chief Executive Officer at Wagners Holding Company Limited since July 2012. Mr. Coleman has been employed by Wagners for 21 years. Mr. Coleman has experience across all areas of the business and oversees more than 500 employees. He is integral in Wagners’ journey and has created a culture that has enabled Wagners to differentiate itself from its competitors. Mr. Coleman completed the General Management Program at Harvard Business School.

CEO Compensation
  • Cameron's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Cameron's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Wagners Holding management team in years:

7.3
Average Tenure
  • The average tenure for the Wagners Holding management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Cameron Coleman

TITLE
Chief Executive Officer
COMPENSATION
A$551K
TENURE
7.3 yrs

Fergus Hume

TITLE
Chief Financial Officer
COMPENSATION
A$364K
TENURE
3.8 yrs

Karen Brown

TITLE
General Counsel & Company Secretary
TENURE
2 yrs

Rachel Allan

TITLE
Human Resources Manager
TENURE
9.3 yrs

Andrew MacQueen

TITLE
Head of Safety
TENURE
7.8 yrs
Board of Directors Tenure

Average tenure of the Wagners Holding board of directors in years:

2
Average Tenure
  • The average tenure for the Wagners Holding board of directors is less than 3 years, this suggests a new board.
Board of Directors

Denis Wagner

TITLE
Non-Executive Chairman
COMPENSATION
A$200K
TENURE
2 yrs

Ross Walker

TITLE
Independent Non-Executive Director
COMPENSATION
A$100K
TENURE
2 yrs

John Wagner

TITLE
Non-Executive Director
COMPENSATION
A$100K
TENURE
2 yrs

Lynda Kathryn O’Grady

TITLE
Independent Non-Executive Director
COMPENSATION
A$100K
TENURE
2 yrs

Joe Wagner

TITLE
Alternate Director
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
12. Dec 18 Buy Platypus Asset Management Pty Limited Company 08. Dec 17 10. Dec 18 10,793,152 A$3.34 A$36,000,254
07. Dec 18 Sell Bangarra Group Company 07. Mar 18 06. Dec 18 -2,591,392 A$4.42 A$-11,453,953
X
Management checks
We assess Wagners Holding's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Wagners Holding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WGN News

Simply Wall St News

What Should We Expect From Wagners Holding Company Limited's (ASX:WGN) Earnings In The Years Ahead?

Wagners Holding Company Limited's (ASX:WGN) announced its latest earnings update in August 2019, which indicated that the business endured a immense headwind with earnings deteriorating by -48%. … Below, I've presented key growth figures on how market analysts perceive Wagners Holding's earnings growth trajectory over the next few years and whether the future looks brighter. … View our latest analysis for Wagners Holding Market analysts' consensus outlook for the coming year seems pessimistic, with earnings reducing by -2.2%.

Simply Wall St -

Will Wagners Holding Company Limited's (ASX:WGN) Earnings Grow In The Year Ahead?

Since Wagners Holding Company Limited (ASX:WGN) released its earnings in December 2018, analyst consensus outlook seem bearish, as a 12% fall in profits is expected in the upcoming year relative to the past 5-year average growth rate of 37%. … Currently with a trailing-twelve-month profit of AU$25m, the consensus growth rate suggests that earnings will drop to AU$22m by 2020. … ASX:WGN Past and Future Earnings, August 18th 2019 This results in an annual growth rate of 20% based on the most recent earnings level of AU$25m to the final forecast of AU$36m by 2022.

Simply Wall St -

Does Wagners Holding Company Limited's (ASX:WGN) Stock Price Account For Its Growth?

But, since Wagners Holding is a high-growth stock, we must also account for its earnings growth by using calculation called the PEG ratio. … A PE ratio of 15.95x and expected year-on-year earnings growth of 20% give Wagners Holding a very low PEG ratio of 0.79x. … So, when we include the growth factor in our analysis, Wagners Holding appears relatively cheap , based on the fundamentals.

Simply Wall St -

A Closer Look At Wagners Holding Company Limited's (ASX:WGN) Impressive ROE

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Wagners Holding: 26% = AU$16m ÷ AU$61m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Combining Wagners Holding's Debt And Its 26% Return On Equity Wagners Holding clearly uses a significant amount of debt to boost returns, as it has a debt to equity ratio of 1.56. … A company that can achieve a high return on equity without debt could be considered a high quality business.

Simply Wall St -

Here's Why Wagners Holding (ASX:WGN) Has A Meaningful Debt Burden

We note that Wagners Holding Company Limited (ASX:WGN) does have debt on its balance sheet. … ASX:WGN Historical Debt, July 15th 2019 How Healthy Is Wagners Holding's Balance Sheet? … Since Wagners Holding does have net debt, we think it is worthwhile for shareholders to keep an eye on the balance sheet, over time.

Simply Wall St -

Why We Like Wagners Holding Company Limited’s (ASX:WGN) 23% Return On Capital Employed

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Wagners Holding: 0.23 = AU$31m ÷ (AU$190m - AU$54m) (Based on the trailing twelve months to December 2018.) So, Wagners Holding has an ROCE of 23%. … Do Wagners Holding's Current Liabilities Skew Its ROCE? … Our Take On Wagners Holding's ROCE Low current liabilities and high ROCE is a good combination, making Wagners Holding look quite interesting.

Simply Wall St -

Some Wagners Holding (ASX:WGN) Shareholders Are Down 50%

Unfortunately the Wagners Holding Company Limited (ASX:WGN) share price slid 50% over twelve months. … Because Wagners Holding hasn't been listed for many years, the market is still learning about how the business performs. … Of course Wagners Holding may not be the best stock to buy.

Simply Wall St -

Wagners Holding Company Limited (ASX:WGN) Is Yielding 2.8% - But Is It A Buy?

Dividend paying stocks like Wagners Holding Company Limited (ASX:WGN) tend to be popular with investors, and for good reason - some research shows that a significant amount of all stock market returns come from reinvested dividends.. … Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations.. … Wagners Holding has only been paying a dividend for a year or so, so investors might be curious about its 2.8% yield.!

Simply Wall St -

Wagners Holding Company Limited (ASX:WGN) Delivered A Better ROE Than Its Industry

Wagners Holding has a ROE of 26%, based on the last twelve months. … That means that for every A$1 worth of shareholders' equity, it generated A$0.26 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Does The Hype Around Wagners Holding Company Limited's (ASX:WGN) Growth Justify Its April Share Price?

Wagners Holding Company Limited (ASX:WGN) is considered a high growth stock. … However its last closing price of A$2.28 left investors wondering whether this growth has already been factored into the share price. … Investors in Wagners Holding have been patiently waiting for the uptick in earnings.

Simply Wall St -

WGN Company Info

Description

Wagners Holding Company Limited produces and sells construction materials in Australia and internationally. It operates through two segments, Construction Materials and Services (CMS), and New Generation Building Materials (NGBM). The CMS segment primarily offers cement, flyash, ready-mix concrete, precast concrete products, aggregates, and reinforcing steel. It also provides mobile concrete, crushing, and haulage services through medium to long-term contracts. This segment serves customers in the construction, infrastructure, and resources industries. The NGBM segment provides new generation materials, including composite fiber technology materials and earth friendly concrete. The company also offers transport and logistics services, such as bulk and heavy haulage, container and ISO vessel transport, bulk powder transport, and general freight. In addition, it is involved in the provision and management of containers and vessels; and steel reinforcing and quarrying activities. Wagners Holding Company Limited was founded in 1989 and is headquartered in Wellcamp, Australia.

Details
Name: Wagners Holding Company Limited
WGN
Exchange: ASX
Founded: 1989
A$322,751,180
161,375,590
Website: http://www.wagner.com.au
Address: Wagners Holding Company Limited
1 Airport Drive,
1511 Toowoomba Cecil Plains Road,
Wellcamp,
Queensland, 4350,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX WGN Ordinary Shares Australian Securities Exchange AU AUD 08. Dec 2017
DB 0W7 Ordinary Shares Deutsche Boerse AG DE EUR 08. Dec 2017
CHIA WGN Ordinary Shares Chi-X Australia AU AUD 08. Dec 2017
ASX WGNN NPV DFD 22/11/19(EX-RIGHTS) Australian Securities Exchange AU AUD 15. Nov 2019
Number of employees
Current staff
Staff numbers
0
Wagners Holding employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/15 10:42
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2019/11/03
Last earnings filing: 2019/08/19
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.