Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

General Information

Webjet Limited
WEB
http://www.webjet.com.au
Internet Retail
277
80

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$3.45 $3.47 $3.49 $3.43 $3.43 47068 $0.02 ( 0.58% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation

Strong Buy
26/05/2015
2

Company Overview

Business Description
Webjet Limited (WEB) is an online travel agency operating in Australia and New Zealand. WEB provides tools and technology for customers to compare, combine and book domestic and international travel. Offering tools to browse through flight deals, hotel accommodation, holiday package deals, travel insurance and car hire worldwide, as well as international specials and a deal finder. WEB also operates websites in New Zealand, USA, Hong Kong, Singapore, Canada, UK and Mexico.
Strategy Analysis
WEB is aiming to leverage its flight booking brand into other related travel services. It aims to be a full service online travel agent. When booking flights it will present the customer with a host of potential accommodation offers. Convenience and intuitive software aims to drive customer traffic from the initial airfare transaction into a host of related services. . Webjet reported NPAT up 5.33% to $5.72m for the half-year ended 31 December 2012. Revenues from ordinary activities were $32.46m, up 11.7% from the same period last year. Diluted EPS was 7.94 cents compared to 8.16 cents last year. Net operating cash flow was $3.37m compared to $5.37m last year. The interim dividend declared was 6 cents compared with 6 cents last year.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016 F 0.0 28.2 16.1% 12.3 15.7 4.5% 0.0%
2015 F 0.0 24.3 0.3% 14.2 13.6 3.9% 0.0%
2014 A 19.1 24.2 179.2% 13.2 13.5 4.2% 100.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
Trade Me Group (TME) $1,425M 0.0248 -0.0035 0.0730 17.7723 17.8341 16.6204 4.46% 4.49% 4.82%
Webjet (WEB) $276M 1.7921 0.0029 0.1608 14.1853 14.1443 12.1847 3.94% 3.96% 4.57%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.67 14.20 3.95 1.80
Market 1.02 17.00 1.33 1.59
Sector 1.09 15.70 1.85 2.00

Directors

Name Position Start Date
Mr John Guscic Managing Director 25/01/2006
Mr David R Clarke Non-Executive Chairman 22/03/2000
Mr Steven Scheuer Non-Executive Director 22/03/2000
Mr Roger Sharp Non-Executive Director 01/01/2013
Mr Brad John Holman Non-Executive Director 19/03/2014
Mr Donald Ian Clarke Non-Executive Director, Non-Executive Deputy Chairman 10/01/2008

Management

Name Position
Michael Sheehy Chief Financial Officer,Company Secretary
Shelley Beasley Chief Operating Officer

Substantial Shareholders

Holding Name
10,575,613 (13.32%) Thorney Holdings Pty Ltd and Thorney Pty Ltd and associated entities
7,398,958 (9.32%) Denver Investments
4,476,254 (5.64%) Steven Scheuer
3,931,600 (4.95%) State of Georgia Division of Investment Services
3,676,830 (4.63%) Highclere International Investors Limited

Calendar of Events

Date Event
18 February 2016 Report (Interim)
19 August 2015 Report (Prelim)
19 August 2015 Report (Annual)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.