WAWI Stock Analysis: Wallenius Wilhelmsen | OL
Marine Shipping | OL, Norway | Market Cap: 76.455m NOK | 12M Return: 116.4% | NO0010571680 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 69.5M
EPS Trend: -32.7%
Qual. Beats: 0
Rev. Trend: 82.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Wallenius Wilhelmsen ASA is a Norway-based global logistics and transportation company operating through three segments: Shipping Services, Logistics Services, and Government Services. The company offers ship management, insurance brokerage, agency, freight and liner services, and marine products, alongside ocean transport of RoRo (Roll-on/Roll-off) cargo, breakbulk, vehicles, and high and heavy equipment. It complements these ocean services with vehicle and equipment processing centers, inland distribution, and terminal operations, serving a diverse customer base across the automotive, construction, mining, energy, rail, and other industrial sectors. The group operates a fleet of 127 vessels across 15 trade routes and has been headquartered in Lysaker, Norway, since its founding in 1861.
The company sits within the Marine Transportation sub-industry of the Industrials sector, a space characterized by high capital intensity, long-lived vessel assets, and exposure to global trade and freight-rate cycles. Its blended business model combines ocean shipping with contract-based logistics services, and its Government Services segment reflects the segment of the marine transport market that handles defense and government cargo contracts alongside commercial work.
- Global auto export volumes drive RoRo shipping demand
- Government Services revenue grows on defense logistics contracts
- Bunker fuel costs pressure ocean shipping segment margins
| Net Income: 3.02b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.62 > 0.02 and ΔFCF/TA 42.51 > 1.0 |
| NWC/Revenue: 1.94% < 20% (prev -2.79%; Δ 4.73% < -1%) |
| CFO/TA 0.93 > 3% & CFO 6.96b > Net Income 3.02b |
| Net Debt (863.0m) to EBITDA (5.47b): 0.16 < 3 |
| Current Ratio: 1.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (422.9m) vs 12m ago 0.15% < -2% |
| Gross Margin: 50.02% > 18% (prev 88.64%; Δ -38.61% > 0.5%) |
| Asset Turnover: 220.0% > 50% (prev 65.33%; Δ 154.6% > 0%) |
| Interest Coverage Ratio: 9.33 > 6 (EBIT TTM 4.82b / Interest Expense TTM 516.9m) |
| A: 0.04 (Total Current Assets 1.73b - Total Current Liabilities 1.40b) / Total Assets 7.52b |
| B: 0.34 (Retained Earnings 2.56b / Total Assets 7.52b) |
| C: 0.61 (EBIT TTM 4.82b / Avg Total Assets 7.85b) |
| D: 0.95 (Book Value of Equity 3.66b / Total Liabilities 3.85b) |
| Altman-Z'' = 6.53 = AAA |
| DSRI: 0.30 (Receivables 583.0m/601.0m, Revenue 17.3b/5.34b) |
| GMI: 1.77 (GM 88.64% / 50.02%) |
| AQI: 0.92 (AQ_t 0.05 / AQ_t-1 0.05) |
| SGI: 3.23 (Revenue 17.3b / 5.34b) |
| TATA: -0.52 (NI 3.02b - CFO 6.96b) / TA 7.52b) |
| Beneish M = -1.41 (Cap -4..+1) = D |
As of September 27, 2026, the stock is trading at NOK 179.10 with a total of 190,745 shares traded. Over the past week, the price has changed by -0.94%, over one month by +10.01%, over three months by +37.32% and over the past year by +116.41%.
Current recommended Stop Loss: 166.90 (which is 6.8% or 2.3 ATR below the current price).
Wallenius Wilhelmsen has no consensus analysts rating.
Market Cap USD = 8.04b (76.5b NOK * 0.10513 NOK.USD)
P/E Trailing = 11.627
P/E Forward = 9.7561
P/S = 14.8428
P/B = 2.2162
Revenue TTM = 17.3b USD
EBIT TTM = 4.82b USD
EBITDA TTM = 5.47b USD
Long Term Debt = 895.0m USD (from longTermDebt, last quarter)
Short Term Debt = 252.0m USD (from shortLongTermDebt, last quarter)
Debt = 1.49b USD (Leases only: 1.49b)
Net Debt = 863.0m USD (calculated: Debt 1.49b - CCE 627.0m)
Enterprise Value = 8.90b USD (8.04b + Debt 1.49b - CCE 627.0m)
Interest Coverage Ratio = 9.33 (Ebit TTM 4.82b / Interest Expense TTM 516.9m)
EV/FCF = 1.89x (Enterprise Value 8.90b / FCF TTM 4.70b)
FCF Yield = 52.78% (FCF TTM 4.70b / Enterprise Value 8.90b)
FCF Margin = 27.22% (FCF TTM 4.70b / Revenue TTM 17.3b)
Net Margin = 17.47% (Net Income TTM 3.02b / Revenue TTM 17.3b)
Gross Margin = 50.02% ((Revenue TTM 17.3b - Cost of Revenue TTM 8.62b) / Revenue TTM)
Gross Margin QoQ = 86.74% (prev 86.59%)
Tobins Q-Ratio = 1.18 (Enterprise Value 8.90b / Total Assets 7.52b)
Interest Expense / Debt = 34.69% (Interest Expense 516.9m / Debt 1.49b)
Taxrate = 1.13% (39.0m / 3.46b)
NOPAT = 4.77b (EBIT 4.82b * (1 - 1.13%))
Current Ratio = 1.24 (Total Current Assets 1.73b / Total Current Liabilities 1.40b)
Debt / Equity = 0.41 (Debt 1.49b / totalStockholderEquity, last quarter 3.66b)
Debt / EBITDA = 0.16 (Net Debt 863.0m / EBITDA 5.47b)
Debt / FCF = 0.18 (Net Debt 863.0m / FCF TTM 4.70b)
Total Stockholder Equity = 10.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 38.44% (Net Income 3.02b / Total Assets 7.52b)
RoE = 29.20% (Net Income TTM 3.02b / Total Stockholder Equity 10.3b)
RoCE = 42.96% (EBIT 4.82b / Capital Employed (Equity 10.3b + L.T.Debt 895.0m))
RoIC = 86.81% (NOPAT 4.77b / Invested Capital 5.49b)
WACC = 10.27% (E(8.04b)/V(9.53b) * Re(5.81%) + D(1.49b)/V(9.53b) * Rd(34.69%) * (1-Tc(0.01)))
Discount Rate = 5.81% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -63.84 | Cagr: -0.31%
[DCF] Terminal Value 72.03% ; FCFF base≈3.47b ; Y1≈3.98b ; Y5≈5.86b
[DCF] Fair Price = 153.7 (EV 65.9b - Net Debt 863.0m = Equity 65.0b / Shares 422.9m; r=10.27% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -32.74 | EPS CAGR: -3.64% | SUE: 0.26 | # QB: 0
Revenue Correlation: 82.82 | Revenue CAGR: 71.75% | SUE: -0.01 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.43 | Chg30d=-2.17% | Revisions=+29% | Analysts=5
EPS current Year (2026-12-31): EPS=1.61 | Chg30d=-2.20% | Revisions=+12% | GrowthEPS=-24.1% | GrowthRev=+2.0%
EPS next Year (2027-12-31): EPS=1.65 | Chg30d=+5.64% | Revisions=+38% | GrowthEPS=+2.3% | GrowthRev=+0.5%
[Analyst] Revisions Ratio: +35% (up=10, down=4)