Waypoint REIT Ltd WPR

Morningstar Rating
A$2.10 −0.03 (1.41%)
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Company Report

Price vs Fair Value

WPR is trading at a LOCK|?SmfW<! premium.
Price
A$2.10
Fair Value
LOCK|FD
Uncertainty
LOCK|b@^D
1-Star Price
LOCK|jBM
5-Star Price
LOCK|h?t
Economic Moat
LOCK|^G
Capital Allocation
LOCK|>?G@qjt

Bulls Say, Bears Say

Bulls

Revenue is defensive, underpinned by long leases to a solid tenant.

Bears

Interest costs are rising, likely offsetting the trust's revenue growth in the medium term.

Trading Information

Previous Close Price
A$2.13
Day Range
A$2.08–2.15
52-Week Range
A$2.08–2.74
Bid/Ask
A$2.08 / A$2.12
Shares Outstanding
653.07M
Market Cap
A$1.37B
Volume/Avg
2M / 1M

Key Statistics

Price/Earnings (Normalized)
12.54
Price/Sales
8.61
Dividend Yield (Trailing)
8.10%
Dividend Yield (Forward)
8.23%
Dividend Payment Schedule
Mar, May, Aug, Dec
Total Yield
11.76%

Company Profile

Waypoint REIT owns an AUD 3 billion portfolio of service station properties across Australia. About 80% of the portfolio by value is in capital cities and other major urban areas, with about 10% on highways and a similar proportion in small towns. About 95% of rental income comes from ASX-listed Viva Energy, and 90% of the leases are triple net, where the tenant pays all property outgoings. Management is internal.
Sector
Real Estate
Industry
REIT - Specialty
Stock Style Box
Small Core
Total Number of Employees
—

Competitors

Valuation

Metric
WPR
BWP
RGN
Price/Earnings (Normalized)
12.5411.5313.17
Price/Book Value
0.720.81146.14
Price/Sales
8.6112.296.41
Price/Cash Flow
12.5518.9513.74
Price/Earnings
WPR
BWP
RGN

Financial Strength

Metric
WPR
BWP
RGN
Quick Ratio
0.371.170.27
Current Ratio
0.611.220.47
Interest Coverage
3.4610.524.83
Quick Ratio
WPR
BWP
RGN

Profitability

Metric
WPR
BWP
RGN
Return on Assets (Normalized)
4.47%3.43%3.30%
Return on Equity (Normalized)
6.80%4.49%957.03%
Return on Invested Capital (Normalized)
6.33%4.55%4.95%
Return on Assets
WPR
BWP
RGN

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