0.77 (2.839%)
Valuation
Value
Consensus
Telephone
61.2.9155.7713
Address
Level 18 275 Kent Street Sydney, New South Wales (NSW) 2000
Description
Westpac Banking Corp. engages in the provision of banking and financial services. It operates through the following segments: Consumer, Business, Westpac Institutional Bank, Westpac New Zealand, Specialist Businesses and Group Businesses. The Consumer segment provides banking products, including mortgages, credit cards, personal loans, and savings and deposit products. The Business segment serves the banking needs of SME and commercial customers, including agribusiness and provides banking and advisory services to high net worth individuals through private wealth. The Westpac Institutional Bank segment provides a broad range of financial products and services to corporate, institutional and government customers. The Westpac New Zealand segment provides banking, wealth and insurance products and services for consumer, business and institutional customers in New Zealand. The Specialist Businesses segment comprises the operations that Westpac ultimately plans to exit with agreements in place for the sale of Westpac Life Insurance and motor vehicle dealer finance and notated leasing businesses. The Group Businesses segment includes the results of unallocated support functions such as treasury, chief operating office and core support. It also includes group-wide elimination entries arising on consolidation, centrally raised provisions and other unallocated revenue and expenses. The company was founded in 1817 and is headquartered in Sydney, Australia.
Historical data
Forecasted data
| AUD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Per Share, Growth & Valuations | ||||||||||||
| EPS (Basic) | $ |
|
|
|
|
1.49 | 1.60 | 2.05 |
|
|
|
|
| EPS (Fully Diluted) | $ |
|
|
|
|
1.38 | 1.52 | 1.95 |
|
|
|
|
| Growth | % |
|
|
|
|
134.4 | 7.1 | 28.4 |
|
|
|
|
| PE | X |
|
|
|
|
17.1 | 16.7 | 10.9 |
|
|
|
|
| CFPS | $ |
|
|
|
|
1.79 | 2.71 | 3.02 |
|
|
|
|
| FCFPS | $ |
|
|
|
|
2.28 | 4.50 | -2.17 |
|
|
|
|
| Growth | % |
|
|
|
|
-21.9 | 51.7 | 11.5 |
|
|
|
|
| Yield | % |
|
|
|
|
8.8 | 21.8 | -10.3 |
|
|
|
|
| DPS | $ |
|
|
|
|
1.18 | 1.25 | 1.42 |
|
|
|
|
| Growth | % |
|
|
|
|
280.6 | 5.9 | 13.6 |
|
|
|
|
| Yield | % |
|
|
|
|
4.4 | 5.1 | 6.5 |
|
|
|
|
| Payout Ratio | % |
|
|
|
|
79 | 78 | 69 |
|
|
|
|
| BPS | $ |
|
|
|
|
19.66 | 20.15 | 20.69 |
|
|
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| BPS (Tangible) | $ |
|
|
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|
16.90 | 17.20 | 17.58 |
|
|
|
|
| Growth | % |
|
|
|
|
7.8 | 1.8 | 2.2 |
|
|
|
|
| Shares Outstanding | ||||||||||||
| Diluted | m |
|
|
|
|
4,118 | 3,889 | 3,891 |
|
|
|
|
| Basic | m |
|
|
|
|
3,653 | 3,559 | 3,502 |
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|
Load More
Load Less
Historical data
Forecasted data
| AUD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Selling & General Expenses | $m |
|
|
|
|
N/A | N/A | 0 |
|
|
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| Gross Income | $m |
|
|
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|
N/A | N/A | 0 |
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| Growth | % |
|
|
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|
N/A | N/A | N/A |
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|
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| Margin | % |
|
|
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|
N/A | N/A | 0.0 |
|
|
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|
| Cost of Goods Sold to Sales | % |
|
|
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|
N/A | N/A | 0 |
|
|
|
|
| Depreciation & Amortisation | $m |
|
|
|
|
1,998 | 1,581 | 1,237 |
|
|
|
|
| Pretax Income | $m |
|
|
|
|
8,507 | 8,476 | 10,310 |
|
|
|
|
| Income Taxes | $m |
|
|
|
|
3,038 | 2,770 | 3,104 |
|
|
|
|
| Net Income | $m |
|
|
|
|
5,456 | 5,691 | 7,190 |
|
|
|
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| Growth | % |
|
|
|
|
138.5 | 4.3 | 26.3 |
|
|
|
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| Margin | % |
|
|
|
|
20.3 | 21.9 | 15.2 |
|
|
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| Cash Flow Statement | ||||||||||||
| Net Operating Cash Flow | $m |
|
|
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|
12,455 | 21,995 | -3,694 |
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| Capital Expenditures | $m |
|
|
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|
974 | 1,265 | 1,379 |
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|
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| Net Investing Cash Flow | $m |
|
|
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|
9,841 | -37,288 | -30,082 |
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|
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| Net Financing Cash Flow | $m |
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|
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|
18,637 | 48,293 | 30,347 |
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|
|
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| Free Cash Flow | $m |
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|
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|
12,221 | 21,829 | -3,932 |
|
|
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| Growth | % |
|
|
|
|
-38.8 | 78.6 | -118.0 |
|
|
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| Margin | % |
|
|
|
|
0.5 | 0.8 | -0.1 |
|
|
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| Franking Balance | $m |
|
|
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|
N/A | N/A | 0 |
|
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| Balance Sheet | ||||||||||||
| Cash & Short-Term Investments | $m |
|
|
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N/A | N/A | 0 |
|
|
|
|
| Total Assets | $m |
|
|
|
|
937,255 | 1,015,747 | 1,030,928 |
|
|
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| Long Term Debt | $m |
|
|
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|
141,186 | 149,540 | 162,231 |
|
|
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| Net Debt | $m |
|
|
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|
126,472 | 117,015 | 116,823 |
|
|
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| Total Liabilities | $m |
|
|
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|
865,163 | 945,238 | 958,389 |
|
|
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| Equity | $m |
|
|
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|
72,035 | 70,452 | 72,495 |
|
|
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| Invested Capital |
|
|
|
|
213,221 | 219,992 | 234,726 |
|
|
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||
| Growth | % |
|
|
|
|
-7.6 | 3.2 | 6.7 |
|
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| Return Ratios | ||||||||||||
| Return on Assets | % |
|
|
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|
0.6 | 0.6 | 0.7 |
|
|
|
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| Return on Equity | % |
|
|
|
|
7.6 | 8.1 | 9.9 |
|
|
|
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| Return on Total Capital | % |
|
|
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|
3.5 | 3.1 | 3.6 |
|
|
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| Return on Invested Capital | % |
|
|
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|
2.5 | 2.6 | 3.2 |
|
|
|
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| Cash Flow Return on Invested Capital | % |
|
|
|
|
5.6 | 10.2 | -1.6 |
|
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|
Load More
Load Less
Historical data
Forecasted data
| AUD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Leverage | ||||||||||||
| Liquidity | ||||||||||||
| Current Ratio | X |
|
|
|
|
0.2 | 0.3 | 0.4 |
|
|
|
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| Quick Ratio | X |
|
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|
N/A | N/A | 0.0 |
|
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| Cash & ST Inv/Current Assets | % |
|
|
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|
N/A | N/A | 0.0 |
|
|
|
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| CFO/Current Liabilities | % |
|
|
|
|
2.6 | 4.2 | -1.0 |
|
|
|
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| Balance Sheet Efficiency | ||||||||||||
| Receivables Turnover | X |
|
|
|
|
N/A | N/A | 0.0 |
|
|
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| Inventory Turnover | X |
|
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|
N/A | N/A | 0.0 |
|
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| Working Capital Turnover | X |
|
|
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|
N/A | N/A | 0.0 |
|
|
|
|
| Payables Turnover | X |
|
|
|
|
20.1 | 14.1 | 13.7 |
|
|
|
|
| Du Pont | ||||||||||||
| x Pretax Margin | % |
|
|
|
|
31.7 | 32.7 | 21.7 |
|
|
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| = Pretax Return on Assets | % |
|
|
|
|
0.9 | 0.8 | 1.0 |
|
|
|
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| x Tax Rate Complement (1-Tax Rate) | % |
|
|
|
|
35.7 | 32.7 | 30.1 |
|
|
|
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| Return on Assets | % |
|
|
|
|
0.6 | 0.6 | 0.7 |
|
|
|
|
| x Equity Multiplier (Assets/Equity) | % |
|
|
|
|
13.0 | 14.4 | 14.2 |
|
|
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| Return on Equity | % |
|
|
|
|
7.6 | 8.1 | 9.9 |
|
|
|
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| x Earnings Retention (1-Payout) | % |
|
|
|
|
21.0 | 21.8 | 30.8 |
|
|
|
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| = Reinvestment Rate (%) | % |
|
|
|
|
1.6 | 1.8 | 3.1 |
|
|
|
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| Operating Cycle | ||||||||||||
| Days of Inventory on Hand | Days |
|
|
|
|
N/A | N/A | 0.0 |
|
|
|
|
| + Days of Sales Outstanding | Days |
|
|
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|
N/A | N/A | 0.0 |
|
|
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| Operating Cycle | Days |
|
|
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|
N/A | N/A | 0.0 |
|
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|
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| - Days of Payables Outstanding | Days |
|
|
|
|
N/A | N/A | 0.0 |
|
|
|
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| Net Operating Cycle | Days |
|
|
|
|
N/A | N/A | 0.0 |
|
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|
Load More
Load Less
Ex Dividend Date (est.)
DIV Yield
Franking Level
DPSg
Quality Yield
Falling Divs over next 2
Consensus Score
Recommendation
EPS 1 month Change
Quality Yield
Falling Divs over next 2
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