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Whitefield Ltd (WHF) AI Stock Analysis
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Whitefield Ltd
(ASX:WHF)
The score is primarily supported by very strong financial performance—exceptional margins and a highly conservative, low-debt balance sheet. Technical signals add support with positive momentum and price strength versus key moving averages. The main constraint is valuation, with a relatively high P/E only partly offset by a solid dividend yield.
Whitefield Ltd (WHF) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 574.95M
- Dividend Yield
- 5.54%
- Average Volume (3M)
- 85.48K
- Price to Earnings (P/E)
- 27.0
- Beta (1Y)
- 0.56
- Revenue Growth
- -3.01%
- EPS Growth
- -6.00%
- Country
- Australia
- Employees
- ―
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
Whitefield Ltd Business Overview & Revenue Model
Company Description
Whitefield Limited is an Australian company primarily engaged in the securities industry. Its core business involves investing in various shares and other financial instruments. Established in 1923, the firm is headquartered in Sydney, Australia.
How the Company Makes Money
Whitefield Limited makes money primarily through returns generated by its investment portfolio. Its key earnings sources are: (1) Dividend and distribution income received from the companies and other securities it holds; (2) Realised capital gains (...
Whitefield Ltd Financial Statement Overview
Summary
Strong overall financial quality driven by exceptionally high and consistent profitability and a conservative balance sheet with minimal to zero debt. Offsets include uneven revenue momentum (including a reported decline in 2026) and some volatility in cash flow growth/coverage despite solid cash generation and earnings-quality support (FCF ~1.0x net income).
Income Statement
84Very PositiveBalance Sheet
88Very PositiveCash Flow
79Positive| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 25.59M | 25.59M | 26.38M | 24.68M | 21.82M | 20.48M |
| Gross Profit | 23.50M | 23.50M | 26.31M | 24.68M | 21.82M | 19.87M |
| EBITDA | 22.56M | 22.56M | 23.65M | 0 | 19.14M | 17.85M |
| Net Income | 21.15M | 21.15M | 22.39M | 20.43M | 18.01M | 16.79M |
Balance Sheet | ||||||
| Total Assets | 722.08M | 722.08M | 728.60M | 723.88M | 623.82M | 650.90M |
| Cash, Cash Equivalents and Short-Term Investments | 6.97M | 6.97M | 6.92M | 8.52M | 5.24M | 5.65M |
| Total Debt | 0 | 0 | 0 | 25.39M | 25.21M | 25.03M |
| Total Liabilities | 75.66M | 75.66M | 78.42M | 106.81M | 72.50M | 92.71M |
| Stockholders Equity | 646.42M | 646.42M | 650.17M | 617.07M | 551.32M | 558.20M |
Cash Flow | ||||||
| Free Cash Flow | 20.88M | 20.88M | 16.55M | 19.70M | 18.23M | 14.11M |
| Operating Cash Flow | 20.88M | 20.88M | 16.55M | 19.70M | 18.23M | 14.11M |
| Investing Cash Flow | 438.34K | 438.34K | 14.48M | 4.19M | -21.35M | -64.96M |
| Financing Cash Flow | -21.27M | -21.27M | -32.62M | -20.61M | 2.71M | 50.47M |
Whitefield Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WHF, the sentiment is Positive. The current price of 4.74 is above the 20-day moving average (MA) of 4.66, above the 50-day MA of 4.74, and below the 200-day MA of 4.80, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 60.07 is Neutral, neither overbought nor oversold. The STOCH value of 71.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WHF.
Whitefield Ltd Peers Comparison
Overall Rating
AU:WHF76Outperform
AU:RZI66Neutral
AU:PPS64Neutral
AU:NWL56Neutral
AU:OFX54Neutral
AU:FNX38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 76Outperform | AUD 574.95M | 27.01 | 3.12% | 5.54% | -3.01% | -6.00% | |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| 66Neutral | AUD 44.26M | 12.50 | 8.01% | ― | 21.42% | ― | |
| 64Neutral | AUD 280.30M | 41.67 | 5.79% | 4.35% | 7.20% | -51.06% | |
| 56Neutral | AUD 4.44B | 71.88 | 38.95% | 2.33% | 21.01% | -48.10% | |
| 54Neutral | AUD 97.76M | -233.33 | -0.22% | ― | -7.93% | -101.72% | |
| 38Underperform | AUD 11.21M | -3.44 | -19.59% | ― | ― | ― |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:WHF | Whitefield Ltd | 4.74 | -0.56 | -10.50% | |
| AU:RZI | Raiz Invest Ltd. | 0.42 | -0.50 | -54.10% | |
| AU:PPS | Praemium Ltd | 0.57 | -0.30 | -34.44% | |
| AU:OFX | OFX Group Ltd. | 0.42 | -0.18 | -30.00% | |
| AU:NWL | Netwealth Group Ltd. | 18.05 | -12.18 | -40.30% | |
| AU:FNX | Finexia Financial Group Ltd | 0.18 | 0.04 | 28.57% |
Whitefield Ltd Corporate Events
Whitefield Industrials Declares Quarterly Preference Share Distribution
Whitefield Industrials Limited has declared a quarterly distribution of AUD 0.02 per WHFPA 8.0% cumulative preference share for the period ended 30 June 2026. The distribution will be paid on 21 September 2026, with an ex-dividend date of 4 September...
Whitefield Industrials Declares Quarterly Dividend for June 2026 Period
Whitefield Industrials Limited has declared a quarterly dividend of AUD 0.0525 per ordinary fully paid share for the period ended 30 June 2026. The ex-dividend date is set for 4 September, with a record date of 7 September, and shareholders will rece...
Whitefield Industrials Switches to Quarterly Fully Franked Dividends
Whitefield Industrials Limited has shifted its dividend policy to pay fully franked dividends on a quarterly basis, aligning its distributions more closely with regular income needs of investors. For the quarter ended 30 June 2026, the board declared...
Whitefield Industrials Investors Back All AGM Resolutions
Whitefield Industrials Limited reported that all resolutions put to its 17 August 2026 Annual General Meeting were passed by poll, including the adoption of the remuneration report, the re-election of directors William Seddon and Lance Jenkins, and t...
Whitefield Industrials Reports Higher NTA and Persistent Share Price Discount
Whitefield Industrials Limited reported a pre-tax net tangible asset backing of $6.28 per share at 31 July 2026, up from $6.11 in the prior month, with its shares trading at $4.86, representing a 22.6% discount to NTA and gross assets of $762 million...
Whitefield sets investor webinar to update on income and industrial portfolios
Whitefield Ltd has scheduled a webinar for shareholders, advisers and interested parties to deliver an update on its Whitefield Income (WHI) full-year results and a first-quarter update for Whitefield Industrials (WHF). The session, to be led by key...
Whitefield Industrials Corrects Director Shareholding Disclosure
Whitefield Industrials Limited has corrected a typographical error in a previously lodged Appendix 3Y notice relating to director Lance Jenkins’ indirect holding in the company. The updated filing confirms that Jenkins holds 191,510 ordinary fu...
Whitefield Industrials Launches On-Market Share Buy-Back to Address Valuation Discount
Whitefield Industrials Limited has announced an on-market buy-back of up to 10% of its ordinary shares, responding to a share price that is trading below the company’s net asset backing. As of 30 June 2026, the stock was at $4.72 versus net ass...
Whitefield Industrials Launches On-Market Share Buy-Back
Whitefield Industrials Limited has announced an on-market buy-back of its ordinary fully paid shares traded under the ASX code WHF. The company has formally notified the market of the buy-back program, signalling an intention to repurchase shares dir...
Whitefield Industrials lifts Q1 profit and maintains strong dividend yield
Whitefield Industrials has reported a solid start to its 2027 financial year, posting net profit after tax of $4.4 million and earnings per share of 3.6 cents for the first quarter. Net profit rose 11% and EPS increased 9% compared with the same peri...
Whitefield Trades at Deep NTA Discount Despite Strong Income and Long‑Term Returns
Whitefield Industrials reported a June 30 net tangible asset backing of $6.11 per share before deferred tax and $5.43 after deferred tax, against a share price of $4.72 that leaves the stock trading at a 22.7% discount to NTA. The LIC highlighted a f...
Whitefield Industrials director lifts stake via dividend reinvestment
Whitefield Industrials director Lance W. Jenkins has increased his indirect holding in the company through the Charlieman Trust, participating in the firm’s dividend reinvestment plan on 19 June 2026. His beneficial interest rose by 4,301 ordin...
Whitefield director boosts stake via dividend reinvestment plan
Whitefield Industrials Limited has reported a change in the relevant interests of director Jenelle B Webster following her participation in the company’s dividend reinvestment plan. Through an indirect holding via the BJ Webster Super Fund, Web...
Whitefield Industrials lodges updated ASX corporate governance statement
Whitefield Industrials Limited has lodged its latest corporate governance statement for the financial year ended 31 March 2026, confirming compliance with ASX Listing Rules on governance disclosure. The statement, approved by the board and current as...
Whitefield Industrials Seeks Quotation for New Dividend Plan Shares
Whitefield Industrials Limited has applied to the ASX for quotation of 447,831 new ordinary fully paid shares, issued on 19 June 2026 under a dividend or distribution plan. The additional stock modestly increases the company’s free float and re...
Whitefield Industrials Declares Six-Monthly Preference Share Distribution
Whitefield Industrials Limited has declared a six-monthly distribution of AUD 0.04 per security on its 8.0% cumulative preference shares, relating to the period ended 31 March 2026. The distribution will trade ex-dividend on 5 June 2026, with a recor...
Whitefield Industrials Declares Interim Dividend for March 2026 Half-Year
Whitefield Industrials Limited has declared an interim dividend of AUD 0.105 per ordinary fully paid share for the six-month period ended 31 March 2026, reinforcing its income-focused appeal to investors. The stock will trade ex-dividend on 5 June 20...
Whitefield Sets May 2026 Briefing on Industrials Year-End and Income Q3
Whitefield Ltd has flagged an update for May 2026 covering the year-end results for Whitefield Industrials and the third-quarter performance of Whitefield Income, with the presentation to be delivered by Chairman Angus Gluskie and Executive Director...
Whitefield Flags Industrials Year-End and Income Q3 Update
Whitefield Ltd has issued an update covering its Industrials year-end reporting and the Whitefield Income fund’s third-quarter results, indicating an ongoing schedule of performance communication to investors. The company highlighted that Chair...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 19, 2026