WORLEY FPO [WOR] (WOR.AX)
Energy · ASX · Australia
Fundamentals
Valuation and ratings
WORLEY FPO [WOR] trades at AUD10.65, which is 47% above the AUD5.61 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 16 out of 100, which is little in the way of a 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 16.3 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.
WOR.AX dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | AUD0.250 | 1 |
| 2025 | AUD0.500 | 2 |
| 2024 | AUD0.500 | 2 |
| 2023 | AUD0.500 | 2 |
| 2022 | AUD0.500 | 2 |
| 2021 | AUD0.500 | 2 |
| 2020 | AUD0.500 | 2 |
| 2019 | AUD0.275 | 2 |
| 2018 | AUD0.237 | 2 |
| 2015 | AUD0.527 | 2 |
| 2014 | AUD0.800 | 2 |
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.
About WORLEY FPO [WOR]
Worley Limited provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China. The company offers project delivery services, such as engineering, procurement and supply chain management, construction and fabrication, and installation and commissioning; asset performance services comprising operations and maintenance, and workflow optimization; and specialist and technology solutions. It also provides professional and consulting services comprising planning and investment, capital project support, digital solutions, and environment and sustainability consulting, as well as optimize, repurpose, and decommissioning. The company serves the chemicals and fuels industry comprising plastic recycling solutions, low carbon fuels, and refining, as well as carbon capture, utilization, and storage; conventional energy industry, including midstream energy infrastructure, decommissioning, integrated gas, and water; low carbon energy industry, such as hydrogen, energy storage, nuclear power, power networks, renewable energy, and biogas and renewable natural gas; and resources industry consisting of battery materials, copper and energy transition materials, aluminum, precious metals, bauxite and alumina, iron ore, and mined fertilizers. The company was formerly known as WorleyParsons Limited and changed its name to Worley Limited in October 2019. Worley Limited was founded in 1971 and is headquartered in Sydney, Australia.
WOR.AX passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is WORLEY FPO [WOR] (WOR.AX) undervalued?
Against our discounted cash flow estimate of AUD5.61, WOR.AX at AUD10.65 is 47% above 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 WOR.AX's P/E ratio?
WOR.AX trades at 16.3 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 WORLEY FPO [WOR] (WOR.AX) pay a dividend?
Yes. WORLEY FPO [WOR] yields 4.66% at the current share price. It has paid AUD0.500 per share over the trailing twelve months. It has paid a dividend in each of the last 8 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.
