Professional
Added to YB: 2024-01-08
Pitch date: 2024-01-08
WWI.OL [bullish]
Wilh. Wilhelmsen Holding ASA
+78.52%
current return
Author Info
No bio for this author
Company Info
Wilh. Wilhelmsen Holding ASA provides maritime products and services worldwide. The company operates through Maritime Services, New Energy, and Strategic Holdings and Investments segments.
Market Cap
NOK 1.4B
Pitch Price
NOK 328.25
Price Target
484.30 (-17%)
Dividend
5.72%
EV/EBITDA
2.86
P/E
2.84
EV/Sales
1.58
Sector
Marine Transportation
Category
growth
Bonhoeffer Capital: $WWI.OL is mispriced by 30%
WWI.OL: 38% stake in WW, ROE jumped from 6% to 23% (2018-22), WW ROE 7% to 44% (2017-22). WW's 17% ROIC driven by Chinese exports & fleet control in oligopoly. Both with 30-40% ROE to persist. 3x EPS valuation, PT of 484.30 on strong RORO outlook.
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