Sector: Oil & LNG
AU_WDS
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: yahoo_fundamentals_timeseries/WDS.AX
Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB USD | Operating profitB USD | D&AB USD | EBITDAB USD | Net profitB USD | Operating CFB USD | Capex + M&AB USD | AssetsB USD | EquityB USD | ROE (annualized) | Net debtB USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | FY 2025 (12M) | OK | 13.0 y/y -1.5% | 4.5 y/y -20.1% | 5.2 y/y 10.1% | 9.8 y/y -6.3% | 2.7 y/y -23.9% | 7.2 | -8.0 | 66.5 y/y 8.5% | 35.9 y/y 1.5% | 7.6% | 6.3 | — |
| 2024-12-31 | FY 2024 (12M) | OK | 13.2 y/y -5.8% | 5.7 y/y -12.3% | 4.8 y/y 15.1% | 10.4 y/y -1.6% | 3.6 y/y 115.2% | 5.8 | -4.9 | 61.3 y/y 10.7% | 35.4 y/y 2.9% | 10.2% | 6.1 | — |
| 2023-12-31 | FY 2023 (12M) | OK | 14.0 y/y — | 6.5 y/y — | 4.1 y/y — | 10.6 y/y — | 1.7 y/y — | 6.1 | -5.3 | 55.4 y/y — | 34.4 y/y — | — | 3.1 | — |
Quarterly values ($ mln)
Year-over-year change
FCF ($ mln)
Net debt / cash ($ mln)
Current 73spot vs LTM -4%
Target market cap from conservative EBITDA and the historical EV/EBITDA
Upside: -34.4%
Main driver: Brent -5% vs LTM; revenue ×0.96 vs costs ×1.04; EBITDA 9 354→8 682; at 3.4× EV/EBITDA → -34%.
Product prices — moves vs the LTM average
| Commodity | Share | Spot | LTM | 3-yr | vs LTM, $ | 3y vs LTM |
|---|---|---|---|---|---|---|
| Brent (rev) | +85% | 72.93 | 76.58 | 80.29 | -5% | +5% |
How it is calculated — revenue → costs → EBITDA → target market cap
| 1 · Reported baseline (LTM) | |
| LTM revenue | 12 984 |
| LTM EBITDA | 9 354 |
| LTM cash costs (revenue − EBITDA) | 3 630 |
| 2 · Revenue projection | |
| Revenue multiplier — spot | ×0.959 (-4%) |
| = Spot revenue | 12 457 |
| Revenue multiplier — 3y price | ×1.041 (+4%) |
| = 3-year-price revenue | 13 518 |
| 3 · Costs projection | |
| Cost multiplier — spot | ×1.040 (+4%) |
| = Spot cash costs | 3 775 |
| Cost multiplier — 3y price | ×1.040 (+4%) |
| = 3-year-price cash costs | 3 775 |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 8 682 |
| = 3-year-price EBITDA | 9 743 |
| Conservative EBITDA = min(spot, avg) | 8 682 |
| 5 · Valuation → target market cap | |
| Historical EV/EBITDA (75th pct) | 3.4x |
| Target EV = EV/EBITDA × conservative EBITDA | 29 227 |
| Net debt | 6 256 |
| Target market cap = EV − net debt | 22 971 |
| Current market cap | 34 993 |
Upside = target market cap ÷ current − 1 = -34.4%
Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.
| Period | Act. rev | Model rev | Δ rev | Act. EBITDA | Model EBITDA | Δ EBITDA |
|---|---|---|---|---|---|---|
| 2023 FY | 13 994 | 14 425 | -3.0% | 7 670 | 9 678 | -20.8% |
| 2024 FY | 13 179 | 13 639 | -3.4% | 9 466 | 7 061 | +34.1% |
| 2025 FY | 12 984 | 11 548 | +12.4% | 9 354 | 7 687 | +21.7% |
Projected EV/EBITDA 4.7x · target 75th pct (3y) 4.7x · LTM avg 5.1x
| Date | Per share | Details | Status | Source |
|---|---|---|---|---|
| 2026-03-04 | 0.8349 AUD | Ex-dividend: 0.8349 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2025-08-28 | 0.8182 AUD | Ex-dividend: 0.8182 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2025-03-05 | 0.8486 AUD | Ex-dividend: 0.8486 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2024-09-05 | 1.0201 AUD | Ex-dividend: 1.0201 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2024-03-06 | 0.9168 AUD | Ex-dividend: 0.9168 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2023-08-31 | 1.243 AUD | Ex-dividend: 1.243 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2023-03-07 | 2.1544 AUD | Ex-dividend: 2.1544 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2022-09-08 | 1.5995 AUD | Ex-dividend: 1.5995 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2022-02-23 | 1.4616 AUD | Ex-dividend: 1.4616 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2021-08-30 | 0.4103 AUD | Ex-dividend: 0.4103 AUD per share | Paid | Yahoo Finance (ex-div) |
KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)