WESTERN AREAS LIMITED (WSA)
Share Price Analysis and Chart

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WSA - WESTERN AREAS LIMITED

FNArena Sector : Nickel
Year End: June
GICS Industry Group : Materials
Index: ASX300 | ALL-ORDS

Western Areas is an Australian based nickel miner and processor with two operations in Western Australia. The company was founded in 1999 and listed on the ASX in 2000.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.33

26 Oct
2021

-0.020

OPEN

$3.36

-0.60%

HIGH

$3.38

795,281

LOW

$3.30

TARGET
$3.07 -7.8% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
IGO . MCR . PAN . HIG . POS . SRL . CLQ . NIC . CTM . LEG .
FNARENA'S MARKET CONSENSUS FORECASTS
WSA: 1
Title FY20
Actual		 FY21
Actual		 FY22
Forecast		 FY23
Forecast
EPS (cps) xxx - 2.7 6.2 xxx
DPS (cps) xxx 0.0 0.8 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 54.0 xxx
Dividend Yield xxx N/A 0.2% xxx
Div Pay Ratio(%) xxx N/A 12.9% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 17/09 - ex-div 1c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2021 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx-2.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx257.2 M
Book Value Per Share xxxxxxxxxxxxxxx197.6
Net Operating Cash Flow xxxxxxxxxxxxxxx59.7 M
Net Profit Margin xxxxxxxxxxxxxxx-3.00 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Capital Employed xxxxxxxxxxxxxxx-1.33 %
Return on Invested Capital xxxxxxxxxxxxxxx-1.31 %
Return on Assets xxxxxxxxxxxxxxx-1.03 %
Return on Equity xxxxxxxxxxxxxxx-1.33 %
Return on Total Capital xxxxxxxxxxxxxxx-1.35 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-69.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.2

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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Citi

25/08/2021

3

Neutral

$3.00

-9.91%

Citi assesses the FY21 underlying profit was in-line with the broker's and consensus forecasts. It's thought that if no IGO Ltd ((IGO)) offer is forthcoming then shares will retrace to around $2.70. Citi assigns a $3 target (up from $2.60) assuming a 50% probability of an offer.

FY21 revenue was -16.6% lower year-on-year due to a troubled first half at Forrestania with production volumes reduced due to unplanned operational issues, explains the analyst.

FORECAST
Citi forecasts a full year FY22 dividend of 1.00 cents and EPS of 3.30 cents.
Citi forecasts a full year FY23 dividend of 1.00 cents and EPS of minus -4.20 cents.

Credit Suisse

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

WSA STOCK CHART

FNArena News on WSA

1
Australian Broker Call *Extra* Edition – Oct 05, 2021

Oct 05 2021 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Sep 24, 2021

Sep 24 2021 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Sep 23, 2021

Sep 23 2021 - Daily Market Reports
4
Weekly Ratings, Targets, Forecast Changes – 27-08-21

Aug 30 2021 - Weekly Reports
5
FNArena Corporate Results Monitor – 25-08-2021

Aug 25 2021 - Australia

Latest Nickel News

1
Nickel Mines’ Bumper Quarter Well Received

Jan 27 2021 - Australia
2
Odysseus Holds The Key To Western Areas

Nov 02 2020 - Australia
3
Nickel Mines An Emerging Force

Oct 21 2020 - Small Caps
4
Nickel Mines Poised For Price Recovery

Jul 10 2020 - Small Caps
5
SPONSORED: Galileo, Next Fraser Range Nickel Success Story?

Mar 04 2020 - FYI
6
IGO Dependent On Exploration Success

Feb 03 2020 - Australia
7
Independence Day?

Oct 29 2019 - Technicals
8
Cash Flowing For Western Areas

Jul 23 2019 - Australia
9
Nickel Takes The Limelight, But Will It Last?

Jul 19 2019 - Commodities
10
Exploration A Catalyst For Independence Group

May 01 2019 - Australia