AI Tailwind for WiseTech Looks Smaller Than We Previously Thought but Still Substantial
WiseTech’s long-term strategy centers on becoming the operating system for global trade and logistics as the industry digitizes.
WiseTech Global Ltd WTC
Bulls Say, Bears Say
Bulls
CargoWise’s international freight-forwarding solution is best-in-class and we expect this solution to become the industry-default.
Bears
The logistics industry is still in the early stages of digitizing, meaning there is high uncertainty as to how large the market opportunity will be for WiseTech’s current and future products.
News
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WiseTech Global Service Partner, ShipDNA, Launches Safe Passage™ Clippership Software Migration Program
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WiseTech Lifts Annual Earnings 46%, Flags Further Growth — Update
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WiseTech Lifts Annual Earnings 46%, Flags Further Growth
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WiseTech Shares Drop Amid Probe by Competition Regulator
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WiseTech Chair Steps Down, Citing Short-Seller Concerns — Update
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WiseTech Chair Steps Down, Citing Short-Seller Concerns
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WiseTech Says It Is Not Aware of Reported Investigation Into Executive Chair
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WiseTech to Cut 2,000 Jobs as It Asks AI to Boost Profitability — Update
Trading Information
- Previous Close Price
- A$41.00
- Day Range
- A$39.17–41.50
- 52-Week Range
- A$28.76–86.92
- Bid/Ask
- A$40.00 / A$40.30
- Shares Outstanding
- 336.35M
- Market Cap
- A$13.49B
- Volume/Avg
- 2M / 2M
Key Statistics
- Price/Earnings (Normalized)
- 25.22
- Price/Sales
- 6.68
- Dividend Yield (Trailing)
- 0.55%
- Dividend Yield (Forward)
- 0.55%
- Dividend Payment Schedule
- Apr, Oct
- Total Yield
- 0.55%
Company Profile
WiseTech is a founder-led, global leader in logistics software for international freight forwarding. WiseTech’s core product, CargoWise, is used by the majority of the top 25 global freight forwarders and has world-leading annual customer retention rates of over 99%. CargoWise’s main competition consists of in-house software solutions and analogue processes, providing a large and highly winnable market opportunity for WiseTech’s current and future products.
- Sector
- Technology
- Industry
- Software - Application
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 1,860
- Website
- https://www.wisetechglobal.com
Competitors
Valuation
|
Metric
|
WTC
|
ORCL
|
|---|---|---|
Price/Earnings (Normalized) | 25.22 | 15.54 |
Price/Book Value | 4.88 | 6.14 |
Price/Sales | 6.68 | 5.14 |
Price/Cash Flow | 23.95 | 12.08 |
Price/Earnings
WTC
ORCL
Financial Strength
|
Metric
|
WTC
|
ORCL
|
|---|---|---|
Quick Ratio | 1.02 | 1.02 |
Current Ratio | 1.23 | 1.17 |
Interest Coverage | 1.57 | 5.07 |
Quick Ratio
WTC
ORCL
Profitability
|
Metric
|
WTC
|
ORCL
|
|---|---|---|
Return on Assets (Normalized) | 7.81% | 9.91% |
Return on Equity (Normalized) | 17.21% | 63.39% |
Return on Invested Capital (Normalized) | 9.17% | 15.17% |
Return on Assets
WTC
ORCL
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United States