Wilh Wilhelmsen Holding ASA

Chart & Performance

D1W1MN

P/E

3.26

P/S

1.48

EPS

10.47

Div Yield, %

0.26%

Shrs. gr., 5y

-0.93%

Rev. gr., 5y

3.47%

Revenues

1.03b

+8.91%

Net income

466m

+65.25%

CFO

194m

+203.13%

Dividend

May 03, 202410 NOK/sh

Earnings

Feb 13, 2025

Profile

Wilh. Wilhelmsen Holding ASA provides maritime products and services in Europe, the Oceania, Asia and Africa, and the Americas. It operates in Maritime Services and Supply Services segments. The Maritime Services segment offers marine products, including Nalfleet water treatment products to treat and protect on board systems; Unitor chemicals and equipment to clean vessels; Unicool refrigerants; Timm ropes for the maritime industry; Unitor fuel treatment chemicals; Unitor equipment for the maintenance and performance vessels; Unitor cylinders; marine specialty lubricants; and Unitor oil spill equipment and products, and sorbents and booms. This segment also provides ship agency services to the merchant fleet, as well as ship management services, including manning for various vessels. The New Energy segment engages in the operation of supply bases for the offshore industry; development and operation of real estate properties on and off the supply bases; and maintenance of rigs and handling of logistics related to international pipeline projects and windmill parks. This segment also offers technical and crew management services for the offshore wind market; and digital solutions for the shipping industry. Wilh. Wilhelmsen Holding ASA also provides marine and non-marine insurance services; and maritime training, investment, and infrastructure and supply solutions. The company was founded in 1861 and is headquartered in Lysaker, Norway. Wilh. Wilhelmsen Holding ASA is a subsidiary of Tallyman AS.

URL

https://www.wilhelmsen.com/

IPO date

Jun 23, 2010

Employees

15,899

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,027,000 8.91%	943,000 8.02%	873,000 8.31%
Cost of revenue	706,000	715,000	653,000
Unusual Expense (Income)
NOPBT	321,000	228,000	220,000
NOPBT Margin	31.26%	24.18%	25.20%
Operating Taxes	27,000	13,000	13,000
Tax Rate	8.41%	5.70%	5.91%
NOPAT	294,000	215,000	207,000
Net income	466,000 65.25%	282,000 432.08%	53,000 -70.22%
Dividends	(46,000)	(42,000)	(58,000)
Dividend yield	0.28%	0.34%	0.63%
Proceeds from repurchase of equity	(11,000)
BB yield	0.07%
Debt
Debt current	51,000	88,000	300,000
Long-term debt	682,000	682,000	511,000
Deferred revenue			26,000
Other long-term liabilities	34,000	31,000	18,000
Net debt	(1,782,000)	(1,362,000)	(1,210,000)
Cash flow
Cash from operating activities	194,000	64,000	122,000
CAPEX	(40,000)	(49,000)	(46,000)
Cash from investing activities	63,000	6,000	(53,000)
Cash from financing activities	(196,000)	(138,000)	(106,000)
FCF	264,000	186,000	246,000
Balance
Cash	224,000	267,000	366,000
Long term investments	2,291,000	1,865,000	1,655,000
Excess cash	2,463,650	2,084,850	1,977,350
Stockholders' equity	2,859,000	2,356,000	2,230,000
Invested Capital	1,035,350	933,150	912,650
ROIC	29.87%	23.30%	22.39%
ROCE	9.14%	7.51%	7.58%
EV
Common stock shares outstanding	44,283	44,580	44,580
Price	364.50 33.03%	274.00 32.37%	207.00 22.49%
Market cap	16,141,308 32.14%	12,214,920 32.37%	9,228,060 22.49%
EV	14,515,308	10,996,920	8,239,060
EBITDA	379,000	297,000	288,000
EV/EBITDA	38.30	37.03	28.61
Interest	38,000	28,000	24,000
Interest/NOPBT	11.84%	12.28%	10.91%