Financials Westpac Banking Corporation

Equities

WBC

AU000000WBC1

Banks

Market Closed - Australian S.E. 02:10:36 2024-05-17 am EDT 5-day change 1st Jan Change
26.77 AUD +0.15% Intraday chart for Westpac Banking Corporation +0.41% +16.90%

Valuation

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 103,239 60,722 95,271 72,158 74,103 92,761 - -
Enterprise Value (EV) 1 103,239 60,722 95,271 72,158 74,103 92,761 92,761 92,761
P/E ratio 15.1 x 26.4 x 18.9 x 12.9 x 10.3 x 14.3 x 14.2 x 13.6 x
Yield 5.87% 1.84% 4.54% 6.06% 6.71% 6.28% 5.75% 5.67%
Capitalization / Revenue 5 x 2.94 x 4.53 x 3.8 x 3.42 x 4.3 x 4.19 x 4.08 x
EV / Revenue 5 x 2.94 x 4.53 x 3.8 x 3.42 x 4.3 x 4.19 x 4.08 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.56 x 0.89 x 1.32 x 1.14 x 1.02 x 1.3 x 1.28 x 1.26 x
Nbr of stocks (in thousands) 3,483,095 3,605,822 3,664,269 3,496,051 3,503,681 3,465,110 - -
Reference price 2 29.64 16.84 26.00 20.64 21.15 26.77 26.77 26.77
Announcement Date 11/3/19 11/1/20 10/31/21 11/6/22 11/5/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 20,655 20,626 21,038 19,001 21,645 21,566 22,124 22,712
EBITDA - - - - - - - -
EBIT 1 10,624 7,926 7,755 8,210 10,953 10,574 10,755 11,136
Operating Margin 51.44% 38.43% 36.86% 43.21% 50.6% 49.03% 48.61% 49.03%
Earnings before Tax (EBT) 1 9,749 4,266 8,501 8,469 10,305 9,611 9,484 9,900
Net income 1 6,784 2,290 5,458 5,694 7,195 6,656 6,503 6,748
Net margin 32.84% 11.1% 25.94% 29.97% 33.24% 30.86% 29.39% 29.71%
EPS 2 1.965 0.6370 1.378 1.599 2.050 1.870 1.880 1.967
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.740 0.3100 1.180 1.250 1.420 1.680 1.538 1.517
Announcement Date 11/3/19 11/1/20 10/31/21 11/6/22 11/5/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q1 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1 2026 S2
Net sales 1 10,341 10,285 10,799 10,239 5,056 9,959 9,042 11,003 10,642 10,590 10,882 10,973 11,126 11,220 11,421
EBITDA - - - - - - - - - - - - - - -
EBIT 1 4,181 3,745 4,818 2,937 2,359 4,593 3,617 6,015 4,938 5,195 5,300 5,305 5,384 - -
Operating Margin 40.43% 36.41% 44.62% 28.68% 46.66% 46.12% 40% 54.67% 46.4% 49.06% 48.7% 48.34% 48.39% - -
Earnings before Tax (EBT) 1 2,185 2,081 5,061 3,440 2,628 4,718 3,751 5,625 4,680 4,833 4,884 4,658 4,718 - -
Net income 1 1,190 1,100 3,443 2,015 1,815 3,280 2,414 4,001 3,194 3,342 3,414 3,261 3,303 - -
Net margin 11.51% 10.7% 31.88% 19.68% 35.9% 32.94% 26.7% 36.36% 30.01% 31.56% 31.37% 29.72% 29.69% - -
EPS 0.3320 0.3050 0.9450 0.5320 - 0.9050 0.6900 1.142 0.9080 0.9560 0.9450 0.9265 0.9415 - -
Dividend per Share - 0.3100 0.5800 0.6000 - 0.6100 0.6400 0.7000 0.7200 - 0.9000 0.7500 0.9000 - -
Announcement Date 5/3/20 11/1/20 5/3/21 10/31/21 2/3/22 5/8/22 11/6/22 5/7/23 11/5/23 5/5/24 - - - - -
1AUD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10.8% 3.83% 7.7% 8.1% 10.1% 9.43% 9.33% 9.57%
ROA (Net income/ Total Assets) 0.77% 0.25% 0.59% 0.58% 0.7% 0.65% 0.62% 0.62%
Assets 1 884,600 908,730 923,988 975,000 1,027,857 1,029,034 1,054,773 1,095,147
Book Value Per Share 2 19.00 18.90 19.70 18.10 20.70 20.60 20.90 21.30
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 11/3/19 11/1/20 10/31/21 11/6/22 11/5/23 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
15
Last Close Price
26.77 AUD
Average target price
24.9 AUD
Spread / Average Target
-6.99%
Consensus
  1. Stock Market
  2. Equities
  3. WBC Stock
  4. Financials Westpac Banking Corporation
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
BENEFIT NOW