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Kingston Wharves

JMSE:KW
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KW
JMSE
JMD62B
Market Cap
  1. Home
  2. JM
  3. Transportation
Company description

Kingston Wharves Limited operates multi-purpose port terminal in the Caribbean. The last earnings update was 38 days ago. More info.


Add to Portfolio Compare Print
  • Kingston Wharves has significant price volatility in the past 3 months.
KW Share Price and Events
7 Day Returns
2.5%
JMSE:KW
-8.9%
South America Infrastructure
6.1%
JM Market
1 Year Returns
-37.1%
JMSE:KW
-26.1%
South America Infrastructure
-1.3%
JM Market
KW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kingston Wharves (KW) 2.5% -3.3% -24.8% -37.1% 37.5% 582.2%
South America Infrastructure -8.9% -30.7% -39.9% -26.1% -31.6% -13.7%
JM Market 6.1% -10.8% -25.2% -1.3% 57.6% 264.6%
1 Year Return vs Industry and Market
  • KW underperformed the Infrastructure industry which returned -26.1% over the past year.
  • KW underperformed the Market in Jamaica which returned -1.3% over the past year.
Price Volatility
KW
Industry
5yr Volatility vs Market

Value

 Is Kingston Wharves 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 Kingston Wharves 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 Kingston Wharves.

JMSE:KW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 18.5%
Perpetual Growth Rate 10-Year JM Government Bond Rate 7.5%

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 JMSE:KW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year JM Govt Bond Rate 7.5%
Equity Risk Premium S&P Global 13.7%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.694 (1 + (1- 25%) (4.03%))
0.809
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.81
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.47% + (0.809 * 13.68%)
18.54%

Discounted Cash Flow Calculation for JMSE:KW using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Kingston Wharves 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.

JMSE:KW DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JMD, Millions) Source Present Value
Discounted (@ 18.54%)
2020 1,463.30 Est @ -3.45% 1,234.42
2021 1,460.70 Est @ -0.18% 1,039.50
2022 1,491.63 Est @ 2.12% 895.47
2023 1,547.16 Est @ 3.72% 783.53
2024 1,622.15 Est @ 4.85% 693.02
2025 1,713.54 Est @ 5.63% 617.56
2026 1,819.52 Est @ 6.18% 553.18
2027 1,939.06 Est @ 6.57% 497.32
2028 2,071.70 Est @ 6.84% 448.23
2029 2,217.32 Est @ 7.03% 404.70
Present value of next 10 years cash flows JMD7,166.00
JMSE:KW DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= JMD2,217.32 × (1 + 7.47%) ÷ (18.54% – 7.47%)
JMD21,523.90
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= JMD21,523.90 ÷ (1 + 18.54%)10
JMD3,928.50
JMSE:KW Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= JMD7,166.00 + JMD3,928.50
JMD11,094.50
Equity Value per Share
(JMD)
= Total value / Shares Outstanding
= JMD11,094.50 / 1,429.34
JMD7.76
JMSE:KW Discount to Share Price
Calculation Result
Value per share (JMD) From above. JMD7.76
Current discount Discount to share price of JMD44.00
= -1 x (JMD44.00 - JMD7.76) / JMD7.76
-466.9%

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

  • The current share price of Kingston Wharves is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Kingston Wharves's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kingston Wharves's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
JMSE:KW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in JMD JMD1.82
JMSE:KW Share Price ** JMSE (2020-04-06) in JMD JMD44
South America Infrastructure Industry PE Ratio Median Figure of 17 Publicly-Listed Infrastructure Companies 11.32x
Jamaica Market PE Ratio Median Figure of 65 Publicly-Listed Companies 17.22x

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

** Primary Listing of Kingston Wharves.

JMSE:KW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= JMSE:KW Share Price ÷ EPS (both in JMD)

= 44 ÷ 1.82

24.18x

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

  • Kingston Wharves is overvalued based on earnings compared to the South America Infrastructure industry average.
  • Kingston Wharves is overvalued based on earnings compared to the Jamaica market.
Price based on expected Growth
Does Kingston Wharves's expected growth come at a high price?
Raw Data
JMSE:KW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
South America Infrastructure Industry PEG Ratio Median Figure of 6 Publicly-Listed Infrastructure Companies 1.44x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Kingston Wharves, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kingston Wharves's assets?
Raw Data
JMSE:KW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in JMD JMD18.61
JMSE:KW Share Price * JMSE (2020-04-06) in JMD JMD44
South America Infrastructure Industry PB Ratio Median Figure of 22 Publicly-Listed Infrastructure Companies 1.33x
Jamaica Market PB Ratio Median Figure of 72 Publicly-Listed Companies 2.23x
JMSE:KW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= JMSE:KW Share Price ÷ Book Value per Share (both in JMD)

= 44 ÷ 18.61

2.36x

* Primary Listing of Kingston Wharves.

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

  • Kingston Wharves is overvalued based on assets compared to the South America Infrastructure industry average.
X
Value checks
We assess Kingston Wharves'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 Infrastructure 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 Infrastructure industry average (and greater than 0)? (1 check)
  5. Kingston Wharves has a total score of 0/6, 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.

Future Performance

 How is Kingston Wharves expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kingston Wharves has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
10.4%
Expected Infrastructure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kingston Wharves expected to grow at an attractive rate?
  • Unable to compare Kingston Wharves's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Kingston Wharves's earnings growth to the market average as no estimate data is available.
  • Unable to compare Kingston Wharves's revenue growth to the market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
JMSE:KW Future Growth Rates Data Sources
Data Point Source Value (per year)
South America Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 10.4%
South America Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 5.3%

*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
JMSE:KW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JMD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
JMSE:KW Past Financials Data
Date (Data in JMD Millions) Revenue Cash Flow Net Income *
2019-12-31 7,898 2,657 2,601
2019-09-30 7,712 2,479 2,351
2019-06-30 7,666 2,806 2,285
2019-03-31 7,454 3,054 2,030
2018-12-31 7,254 3,061 1,945
2018-09-30 7,110 3,358 1,871
2018-06-30 6,820 3,045 1,729
2018-03-31 6,616 2,842 1,665
2017-12-31 6,369 2,725 1,629
2017-09-30 6,077 2,308 1,609
2017-06-30 5,877 1,950 1,481
2017-03-31 5,599 1,704 1,349

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Kingston Wharves is high growth as no earnings estimate data is available.
  • Unable to determine if Kingston Wharves is high growth as no revenue estimate data is available.
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
JMSE:KW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Kingston Wharves Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JMSE:KW Past Financials Data
Date (Data in JMD Millions) EPS *
2019-12-31 1.82
2019-09-30 1.64
2019-06-30 1.60
2019-03-31 1.42
2018-12-31 1.36
2018-09-30 1.31
2018-06-30 1.21
2018-03-31 1.16
2017-12-31 1.14
2017-09-30 1.12
2017-06-30 1.04
2017-03-31 0.94

*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.
  • Unable to establish if Kingston Wharves will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Check out Kingston Wharves's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  2. Kingston Wharves's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Transportation companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Kingston Wharves'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 South America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the South America 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.
Kingston Wharves has a total score of 0/6, 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.

Past Performance

  How has Kingston Wharves 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 Kingston Wharves's growth in the last year to its industry (Infrastructure).
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.
  • Kingston Wharves's year on year earnings growth rate has been positive over the past 5 years.
  • Kingston Wharves's 1-year earnings growth exceeds its 5-year average (33.7% vs 19.3%)
  • Kingston Wharves's earnings growth has exceeded the South America Infrastructure industry average in the past year (33.7% vs 8.3%).
Earnings and Revenue History
Kingston Wharves'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 Kingston Wharves Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JMSE:KW Past Revenue, Cash Flow and Net Income Data
Date (Data in JMD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 7,898.21 2,600.82 1,203.38
2019-09-30 7,712.46 2,351.22 1,252.57
2019-06-30 7,665.50 2,284.62 1,234.23
2019-03-31 7,453.55 2,029.59 1,195.02
2018-12-31 7,253.57 1,945.45 1,199.84
2018-09-30 7,110.46 1,871.35 1,140.41
2018-06-30 6,819.72 1,729.10 1,104.16
2018-03-31 6,616.23 1,664.52 1,110.90
2017-12-31 6,369.24 1,628.54 1,063.06
2017-09-30 6,077.14 1,608.94 1,079.18
2017-06-30 5,877.22 1,480.80 1,117.10
2017-03-31 5,598.54 1,349.43 1,049.63
2016-12-31 5,409.80 1,293.48 1,033.49
2016-09-30 5,179.91 1,369.53 929.37
2016-06-30 4,991.26 1,384.00 886.13
2016-03-31 4,854.63 1,345.82 861.03
2015-12-31 4,672.88 1,256.40 823.98
2015-09-30 4,417.74 1,066.07 834.99
2015-06-30 4,193.65 915.81 801.83
2015-03-31 3,982.72 894.71 803.97
2014-12-31 3,819.69 842.73 798.07
2014-09-30 3,901.40 899.96 711.96
2014-06-30 4,003.56 870.82 767.02
2014-03-31 4,085.46 822.42 785.41
2013-12-31 4,232.41 839.26 815.79
2013-09-30 4,141.83 706.10 885.53
2013-06-30 4,048.41 726.95 828.76

*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.
  • Kingston Wharves has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Kingston Wharves used its assets more efficiently than the South America Infrastructure industry average last year based on Return on Assets.
  • Kingston Wharves has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Kingston Wharves'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 Infrastructure 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.
Kingston Wharves has a total score of 5/6, 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.

Health

 How is Kingston Wharves'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 Kingston Wharves's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kingston Wharves is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kingston Wharves's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Kingston Wharves'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 covered by short term assets, assets are 3.2x 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 Kingston Wharves Company Filings, last reported 3 months ago.

JMSE:KW Past Debt and Equity Data
Date (Data in JMD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 26,771.37 2,273.63 5,923.49
2019-09-30 26,362.38 2,399.62 5,489.19
2019-06-30 25,705.15 2,525.58 5,152.97
2019-03-31 25,292.14 2,651.51 4,641.85
2018-12-31 24,907.13 2,777.43 5,019.47
2018-09-30 23,994.99 2,908.09 4,666.42
2018-06-30 23,400.12 3,038.74 4,499.74
2018-03-31 23,456.74 2,736.10 3,500.36
2017-12-31 23,097.32 2,888.13 3,759.22
2017-09-30 19,577.00 3,049.15 3,655.82
2017-06-30 19,144.25 2,366.51 3,131.40
2017-03-31 18,973.82 2,203.72 2,677.26
2016-12-31 18,636.81 2,342.91 3,001.85
2016-09-30 18,095.85 2,476.81 3,040.19
2016-06-30 18,055.74 1,878.50 3,351.13
2016-03-31 17,810.41 1,987.03 3,337.19
2015-12-31 17,574.15 1,542.87 3,019.87
2015-09-30 17,401.97 1,639.91 3,026.12
2015-06-30 17,226.62 1,737.56 2,888.08
2015-03-31 16,968.15 1,813.50 2,770.34
2014-12-31 17,024.46 1,928.37 2,909.44
2014-09-30 13,138.03 2,024.08 2,740.92
2014-06-30 13,104.16 1,780.77 2,564.17
2014-03-31 12,884.27 1,897.13 2,912.84
2013-12-31 12,748.93 2,001.61 3,159.90
2013-09-30 12,532.22 1,840.50 3,154.47
2013-06-30 12,382.26 1,936.06 3,029.47
  • Kingston Wharves's level of debt (8.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (11.3% vs 8.5% today).
  • Debt is well covered by operating cash flow (116.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 1248.2x coverage).
X
Financial health checks
We assess Kingston Wharves'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. Kingston Wharves has a total score of 6/6, 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.

Dividends

 What is Kingston Wharves'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
1.23%
Current annual income from Kingston Wharves dividends.
If you bought JMD2,000 of Kingston Wharves shares you are expected to receive JMD25 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?
  • Kingston Wharves's pays a lower dividend yield than the bottom 25% of dividend payers in Jamaica (1.26%).
  • Kingston Wharves's dividend is below the markets top 25% of dividend payers in Jamaica (3.61%).
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
JMSE:KW 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 0 Analyst Estimates (S&P Global) See Below
South America Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 5.8%
Jamaica Market Average Dividend Yield Market Cap Weighted Average of 47 Stocks 3%
Jamaica Minimum Threshold Dividend Yield 10th Percentile 0.7%
Jamaica Bottom 25% Dividend Yield 25th Percentile 1.3%
Jamaica Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

JMSE:KW Past Annualized Dividends Data
Date (Data in JMD) Dividend per share (annual) Avg. Yield (%)
2020-03-02 0.540 1.201
2018-12-04 0.450 0.680
2018-06-25 0.410 0.654
2017-12-07 0.380 0.963
2017-06-23 0.370 1.199
2016-12-09 0.340 1.213
2016-06-23 0.290 1.730
2015-11-23 0.300 2.619
2015-11-05 0.200 1.750
2015-07-03 0.200 2.663
2014-12-24 0.200 3.236
2014-11-21 0.200 3.333
2014-11-14 0.200 3.333
2014-06-18 0.180 3.416
2014-03-03 0.000 0.000
2013-12-02 0.100 1.655
2013-03-11 0.100 1.539
2012-11-15 0.160 3.080
2012-04-05 0.030 0.590
2011-04-05 0.180 3.365
2011-02-17 0.180 3.518
2010-11-15 0.000 0.000
2010-06-07 0.060 1.452
2010-05-19 0.000 0.000
2010-04-06 0.000 0.000
2010-02-19 0.000 0.000
2009-06-11 0.040 1.600

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Kingston Wharves's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Kingston Wharves's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 Kingston Wharves afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kingston Wharves has a total score of 2/6, see the detailed checks below.


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

Management

 What is the CEO of Kingston Wharves'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
Mark Williams
TENURE AS CEO 0.3 years
CEO Bio

Mr. Mark Williams has been the Chief Executive Officer of Kingston Wharves Limited since January 6, 2020 and had been its Chief Operating Officer since 2011 until January 6, 2020. Mr. Williams served as a Group Chief Marketing & Planning Officer at Kingston Wharves Limited. Mr. Williams provides strategic direction for marketing and planning for Kingston Wharves. Mr. Williams has specific responsibility for domestic and international commercial business development, product development, branding and pricing, as well as business and strategic planning. He oversees customer service delivery across the organization, in addition to leading and managing the Kingston's annual strategic planning process. He is also responsible for identifying major future initiatives for business growth and development. Providing executive leadership to the overall organization, as well as management team, he also facilitates quantitative analysis and assessment of the Kingston's business performance.

CEO Compensation
  • Insufficient data for Mark to compare compensation growth.
  • Insufficient data for Mark to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Mark Williams

TITLE
Chief Executive Officer
TENURE
0.3 yrs

Clover Moodie

TITLE
Group CFO
TENURE
6.5 yrs

Keisha Palmer

TITLE
Human Resources & Administration Manager

Simone Murdock

TITLE
Marketing & Client Services Manager

George Reynolds

TITLE
Managing Director of Security Administrators Limited
Board of Directors Tenure

Average tenure of the Kingston Wharves board of directors in years:

5.5
Average Tenure
  • The tenure for the Kingston Wharves board of directors is about average.
Board of Directors

Jeffrey Hall

TITLE
Chairman
TENURE
6.3 yrs

Grantley St. Stephenson

TITLE
Deputy Chairman
TENURE
0.3 yrs

Alvin Henry

TITLE
Independent Director

Kathleen A. Moss

TITLE
Independent Director
TENURE
8.1 yrs

Harry Maragh

TITLE
Independent Director

Charles Johnston

TITLE
Independent Director

Roger Hinds

TITLE
Independent Director

Kim Clarke

TITLE
Independent Director

Bruce Brecheisen

TITLE
Independent Director
TENURE
5.5 yrs

Marshall Hall

TITLE
Independent Director
TENURE
5.5 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 (JMD) Value (JMD)
X
Management checks
We assess Kingston Wharves'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. Kingston Wharves 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.

News

Simply Wall St News

Company Info

Description

Kingston Wharves Limited operates multi-purpose port terminal in the Caribbean. The company operates through Terminal Operations; and Logistics Services segments. It engages in the operation of public wharves and stevedoring of vessels. The company also operates warehousing and logistics facilities; provides security services; rents and repairs cold storage facilities; and rents properties. In addition, it offers verified gross mass services for full container load shipment; and transshipment services. Its port terminal provides a range of cargo handling and logistics services, including mooring and unmooring of vessels; equipment rental; stripping, stuffing, and reconsolidation of containers; refrigerated container management and support; and labor services. Kingston Wharves Limited was founded in 1945 and is based in Kingston, Jamaica.

Details
Name: Kingston Wharves Limited
KW
Exchange: JMSE
Founded: 1945
JMD62,347,879,632
1,429,341,578
Website: http://www.kingstonwharves.com.jm
Address: Kingston Wharves Limited
Total Logistics Facility,
195 Second Street,
Kingston,
13,
Jamaica
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
JMSE KW Ordinary Shares The Jamaica Stock Exchange JM JMD 12. Jul 1996
Number of employees
Current staff
Staff numbers
0
Kingston Wharves employees.
Industry
Marine Ports and Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 20:08
End of day share price update: 2020/04/06 00:00
Last earnings filing: 2020/02/29
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.