WHSP Holdings Limited (SOL.AX)

Financial Services · ASX · Australia

AUD45.88+0.90% today

Fundamentals

Market capAUD12.12B
P/E ratio7.1
Dividend yield2.08%
Revenue growth (YoY)+176.2%
Profit margin82.5%
Return on equity20.7%
52-week rangeAUD34.78 to AUD46.79

Valuation and ratings

DCF fair valueAUD100.36
Upside to fair value+118.7%
Analyst target (mean)AUD40.18
Analyst rangeAUD38.50 to AUD41.85
Analysts covering2
Consensus viewhold
Moat score84/100
Overall rating83/100, Strong Buy

Fair value: AUD100.36 (+118.7%), see how we got there

WHSP Holdings Limited trades at AUD45.88, which is 119% below the AUD100.36 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.

Our moat model scores it 84 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 7.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

SOL.AX dividend history

Dividend yield2.08%
Paid, trailing 12 monthsAUD1.07 per share
Most recent paymentAUD0.480, ex 20 Apr 2026
Ex-dividend date20 Apr 2026
5-year growth (p.a.)+11.4%
Consecutive years of growth14
Consecutive years paid38

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)AUD0.4801
2025AUD1.032
2024AUD0.9502
2023AUD0.8702
2022AUD0.8702
2021AUD0.6202
2020AUD0.6002
2019AUD0.5802
2018AUD0.5602
2017AUD0.5402
2016AUD0.5202

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

SOL.AX earnings and analyst estimates

EPS estimate, next yearAUD1.13
Expected EPS growth-33.1%
Expected revenue growth+31.1%

Recommendation mix, 2 analyst ratings

0 buy2 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About WHSP Holdings Limited

WHSP Holdings Limited, an investment company, engages in investing various industries and asset classes in Australia. It operates through six segments: Listed Companies, Private Companies, Emerging Companies Portfolio, Real Assets, Credit Portfolio, and Treasury. The company invests in largely uncorrelated listed companies; managed listed equities; unlisted and growing companies; credit related financial instruments; and property development. It also engages in the manufacturing, distribution, and sale of building products. The company was formerly known as WASHINGTON H. SOUL PATTINSON AND COMPANY LIMITED and changed its name to WHSP Holdings Limited in September 2025. WHSP Holdings Limited was founded in 1872 and is headquartered in Sydney, Australia.

Industry: Capital MarketsHQ: Australia

SOL.AX passes 6 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is WHSP Holdings Limited (SOL.AX) undervalued?

Against our discounted cash flow estimate of AUD100.36, SOL.AX at AUD45.88 is 119% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is SOL.AX's P/E ratio?

SOL.AX trades at 7.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does WHSP Holdings Limited (SOL.AX) pay a dividend?

Yes. WHSP Holdings Limited yields 2.08% at the current share price. It has paid AUD1.07 per share over the trailing twelve months. It has paid a dividend in each of the last 38 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.