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Westpac Banking is a banks-diversified business based in Australia. Westpac Banking shares (WBC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Westpac Banking has a trailing 12-month revenue of around $20.8 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $18.8 - $25.1134 |
|---|---|
| 50-day moving average | $22.8926 |
| 200-day moving average | $22.9098 |
| Target price | $24.52 |
| PE ratio | 14.4161 |
| Dividend yield | $1.21 (6.13%) |
| Earnings per share (TTM) | $1.37 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$19.42
| 1 week (2022-06-24) | -0.31% |
|---|---|
| 1 month (2022-06-03) | -19.08% |
| 3 months (2022-04-04) | -18.78% |
| 6 months (2022-01-04) | -10.34% |
| 1 year (2021-07-02) | -24.26% |
|---|---|
| 2 years (2020-07-03) | 4.75% |
| 3 years (2019-07-04) | -31.26% |
| 5 years (2017-07-03) | -36.10% |
Valuing Westpac Banking stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Westpac Banking's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Westpac Banking's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Westpac Banking shares trade at around 14x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Westpac Banking's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.2665. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Westpac Banking's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
| Revenue TTM | $20.8 billion |
|---|---|
| Operating margin TTM | 49.48% |
| Gross profit TTM | $21.8 billion |
| Return on assets TTM | 0.57% |
| Return on equity TTM | 7.45% |
| Profit margin | 25.4% |
| Book value | 20.102 |
| Market capitalisation | $69.6 billion |
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Westpac Banking.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 32.54
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Westpac Banking's overall score of 32.54 (as at 12/31/2018) is nothing to write home about – landing it in it in the 52nd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Westpac Banking is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 5.85/100
Westpac Banking's environmental score of 5.85 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Westpac Banking is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 18.23/100
Westpac Banking's social score of 18.23 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Westpac Banking is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 17.95/100
Westpac Banking's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Westpac Banking is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 4/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Westpac Banking scored a 4 out of 5 for controversy – the second-lowest score possible, reflecting that Westpac Banking has a damaged public profile.
Westpac Banking Corp was last rated for ESG on: 2019-01-01.
| Total ESG score | 32.54 |
|---|---|
| Total ESG percentile | 52.25 |
| Environmental score | 5.85 |
| Environmental score percentile | 7 |
| Social score | 18.23 |
| Social score percentile | 7 |
| Governance score | 17.95 |
| Governance score percentile | 7 |
| Level of controversy | 4 |
Dividend payout ratio: 88.32% of net profits
Recently Westpac Banking has paid out, on average, around 88.32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.13% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Westpac Banking shareholders could enjoy a 6.13% return on their shares, in the form of dividend payments. In Westpac Banking's case, that would currently equate to about A$1.21 per share.
Westpac Banking's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 18 May 2022 (the "ex-dividend date").
Westpac Banking's shares were split on 16 October 1997.
Over the last 12 months, Westpac Banking's shares have ranged in value from as little as $18.8 up to $25.1134. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Westpac Banking's is 0.8135. This would suggest that Westpac Banking's shares are less volatile than average (for this exchange).
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, the Americas, Asia, Europe, and internationally. It offers everyday banking, savings, term deposit, business transaction, foreign currency, and specialized accounts; home, personal, and business loans; credit cards; international and travel services; share trading services; investment; and home, car, travel, life, and business insurance products. The company also provides merchant and payment, corporate and institutional, transaction banking, financial market, corporate and structured finance, trade and supply chain financing, and industry specific banking and treasury services, as well as online banking services. It serves individuals; micro, small, and medium enterprises; commercial business and private wealth clients; and commercial, corporate, institutional, and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. The company was founded in 1817 and is based in Sydney, Australia.
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