Added to YB: 2024-10-18
Pitch date: 2024-10-17
WLMIF [bullish]
Wilmar International Limited
+20.71%
current return
Author Info
Bos Invest is a Dutch investor using fundamental analysis and a total return approach. Sign up for their newsletter.
Company Info
Wilmar International Limited, together with its subsidiaries, operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally.
Market Cap
SGD 17.9B
Pitch Price
SGD 2.20
Price Target
5.04 (+90%)
Dividend
3.81%
EV/EBITDA
9.09
P/E
12.61
EV/Sales
0.54
Sector
Food Products
Category
value
Wilmar International: a cheap way to buy exposure to food production
WLMIF: Leading agribusiness in palm oil & sugar. Undervalued at 10x P/E, 5.2% yield. Listed subsidiary YKA worth >mkt cap. ROE 7.8%, ROIC 6.1%, potential for 10%. Strong assets, consistent profits. ADM 22.5% stake mitigates governance risks. PT: 1.5x BV, 90% upside.
Read full article (7 min)