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Wisetech Global
(Sydney:WTC)
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Rating:70Outperform
Price Target:
AU$39.00
â–¼(-14.23% Downside)
Action:Upgraded
Date:08/27/26
The score is supported primarily by strong underlying financial performance (growth, profitability and cash generation) and constructive technical momentum. It is held back by increased leverage risk on the balance sheet, a high valuation (high P/E and low yield), and execution/timing risks highlighted in FY'27 guidance despite the expected margin expansion and deleveraging.
Positive Factors
Recurring revenue and retention
High recurring revenue and exceptionally low attrition indicate CargoWise is embedded in customers’ operational and compliance workflows. This supports predictable subscription cash flows, lowers replacement risk, and gives WiseTech a durable base for cross-selling modules and expanding usage over the next several quarters.
Negative Factors
Higher leverage and financing costs
Debt rose sharply after the acquisition, with financing costs reaching $133.6 million and about $2.2 billion drawn. Elevated leverage increases interest burden and reduces flexibility, making cash generation and successful deleveraging important to preserve capacity for investment and absorb operating setbacks.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring revenue and retention
High recurring revenue and exceptionally low attrition indicate CargoWise is embedded in customers’ operational and compliance workflows. This supports predictable subscription cash flows, lowers replacement risk, and gives WiseTech a durable base for cross-selling modules and expanding usage over the next several quarters.
Read all positive factors
Wisetech Global (WTC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$12.09B
Dividend Yield0.6%
Average Volume (3M)1.89M
Price to Earnings (P/E)44.4
Beta (1Y)1.60
Revenue Growth70.86%
EPS Growth-15.94%
CountryAU
Employees5,500
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.78
Shares Outstanding336,303,040
10 Day Avg. Volume1,837,098
30 Day Avg. Volume1,889,980
Financial Highlights & Ratios
PEG Ratio-3.17
Price to Book (P/B)3.93
Price to Sales (P/S)5.34
P/FCF Ratio19.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$58.00Price Target Upside27.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)1.03
Revenue Forecast (FY)AU$1.50B
Wisetech Global Business Overview & Revenue Model
Company Description
WiseTech Global Limited engages in the development and provision of software solutions to the logistics execution industry in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It develops, sells, and implements software solution...
How the Company Makes Money
WiseTech Global primarily makes money by licensing its software—most notably the CargoWise platform—to logistics and supply-chain companies under recurring subscription/SaaS-style arrangements, where customers pay ongoing fees to access and use th...
Wisetech Global Earnings Call Summary
Earnings Call Date:Aug 25, 2026
(Q4-2026)
| Next Earnings Date:Feb 23, 2027
Earnings Call Sentiment Positive
The call presented a predominantly positive operational and financial picture: record revenue growth, substantial cost savings and early delivery of e2open synergies, strong cash generation and an accelerated deleveraging path. Management also highlighted meaningful product, AI and commercial progress (high CVP adoption, AI-driven productivity gains, strategic acquisitions and new product launches). Offsetting risks include short-term margin dilution from acquisition mix, higher D&A and interest costs, substantial restructuring and workforce reductions, and customer-dependent timing risk for monetizing AI and VerifyWise which creates a second-half skew in FY '27 guidance. On balance the strengths — large top-line growth, sizable and realized cost synergies, clear cash generation and an actionable roadmap for AI and product monetization — outweigh the execution and timing risks cited.Positive Updates
Record Revenue Growth
Total revenue of $1,395.9 million, up 79% year-over-year, driven by the e2open acquisition and CargoWise growth.
Negative Updates
Statutory Earnings Decline
Statutory NPAT was $178.7 million, down 11% despite underlying NPAT rising 29% to $313.5 million — reflecting M&A, restructuring and divestment adjustments.
Read all updates
Q4-2026 Updates
Positive
Negative
Record Revenue Growth
Total revenue of $1,395.9 million, up 79% year-over-year, driven by the e2open acquisition and CargoWise growth.
Read all positive updates
Company Guidance
For FY'27 management guided total revenue of $1.48–$1.54 billion (growth ~6–10% on FY'26), CargoWise revenue growth of ~12–20% with a 45:55 H1:H2 revenue skew, e2open revenue expected to be flat (includes an extra month of consolidation and an ~$5m headwind from the Expedient divestment), underlying EBITDA of $725–$780 million (growth ~12–21%) implying an underlying EBITDA margin of 49–51% (expansion of ~3–5 percentage points vs FY'26), an exit underlying EBITDA margin around the mid‑ to high‑40s% (FY'26 exit ~47%), an accelerated deleveraging target to ~2.2x net leverage by end FY'27 (2.7x at 30 June 2026) and below 2x in FY'28, initial VerifyWise revenue beginning in FY'27, and continued efficiency delivery with further annualized run‑rate savings and restructuring benefits (management cited additional run‑rate savings figures in the FY'27 period, including references to ~$40m of annualized savings and ~ $10m net cost savings guidance), all subject to customer adoption of CargoWise CVP, agentic AI and new product launches.Wisetech Global Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
55
Neutral
Cash Flow
80
Positive
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.06B | 1.18B | 1.04B | 816.80M | 632.20M |
| Gross Profit | 1.40B | 1.02B | 793.24M | 633.10M | 493.70M |
| EBITDA | 955.99M | 542.58M | 419.70M | 395.00M | 321.40M |
| Net Income | 263.72M | 304.94M | 262.80M | 212.20M | 194.70M |
Balance Sheet | |||||
| Total Assets | 7.03B | 3.39B | 2.83B | 2.66B | 1.66B |
| Cash, Cash Equivalents and Short-Term Investments | 537.53M | 255.72M | 123.50M | 95.72M | 483.40M |
| Total Debt | 3.23B | 169.41M | 115.03M | 256.40M | 33.50M |
| Total Liabilities | 4.23B | 805.59M | 613.70M | 764.10M | 348.40M |
| Stockholders Equity | 2.80B | 2.59B | 2.21B | 1.89B | 1.32B |
Cash Flow | |||||
| Free Cash Flow | 567.72M | 522.67M | 250.60M | 241.60M | 201.90M |
| Operating Cash Flow | 583.66M | 557.62M | 448.70M | 383.60M | 304.20M |
| Investing Cash Flow | -3.34B | -369.65M | -240.30M | -882.00M | -105.70M |
| Financing Cash Flow | 3.02B | -56.98M | -225.50M | 173.30M | -34.30M |
Wisetech Global Technical Analysis
Negative
45.47
Price Trends
37.40
Negative
38.25
Negative
46.87
Negative
Market Momentum
-0.17
Positive
42.07
Neutral
4.55
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WTC, the sentiment is Negative. The current price of 45.47 is above the 20-day moving average (MA) of 40.75, above the 50-day MA of 37.40, and below the 200-day MA of 46.87, indicating a bearish trend. The MACD of -0.17 indicates Positive momentum. The RSI at 42.07 is Neutral, neither overbought nor oversold. The STOCH value of 4.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WTC.
Wisetech Global Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$13.01B | 85.03 | 3.68% | ― | 27.32% | -30.84% | |
71 Outperform | AU$14.84M | 4.74 | 28.96% | ― | 4.70% | 6.82% | |
71 Outperform | AU$610.01M | 15.36 | 33.67% | 4.24% | 6.59% | 4.49% | |
70 Outperform | AU$12.09B | 44.42 | 9.45% | 0.60% | 70.86% | -15.94% | |
70 Outperform | AU$9.71B | 67.57 | 32.19% | 1.30% | 14.48% | 6.31% | |
65 Neutral | AU$319.67M | 45.03 | 7.33% | ― | 63.33% | 12.84% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
AU:WTC
Wisetech Global
35.25
-58.72
-62.49%
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29.16
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-53.52%
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0.02
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6.13
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-69.58%
Wisetech Global Corporate Events
WiseTech Global appoints Timothy Ebbeck as new director
Sep 1, 2026
WiseTech Global has appointed Timothy Ebbeck as a director, effective 1 September 2026, as disclosed in an initial director’s interest notice lodged with the ASX. The filing shows that Ebbeck holds no relevant interests in WiseTech Global se...
WiseTech appoints seasoned ASX executive Jeff Howard as CFO to support next growth phase
Aug 31, 2026
WiseTech Global has appointed experienced ASX executive Jeff Howard as its new Chief Financial Officer, effective 28 September 2026, following a board-led search and succession process. Howard brings extensive financial leadership, capital markets...
WiseTech Global Discloses Director Share Increase Under Fee Sacrifice Plan
Aug 27, 2026
WiseTech Global has reported a change in director Sandra Hook’s indirect interests in company securities following the conversion of rights under the Non-Executive Director Fee Sacrifice Share Acquisition Plan. Her holdings through Solium No...
Wisetech Global Adds New Shares to ASX Under Employee Incentive Plan
Aug 26, 2026
Wisetech Global Limited has applied for quotation on the ASX of 358 ordinary fully paid shares issued on August 27, 2026. The new securities, which form part of an employee incentive scheme, will be quoted under the company’s existing WTC ti...
WiseTech Global Releases FY26 Results Investor Presentation
Aug 25, 2026
WiseTech Global has released its FY26 results investor presentation for the year ended 30 June 2026, outlining performance in U.S. dollars and providing an investor briefing. The presentation is intended to update shareholders and market participa...
WiseTech Global’s e2open deal and AI push drive record revenue and margin outperformance
Aug 25, 2026
WiseTech Global reported a transformative year in FY26, with total revenue rising 79% to $1.40 billion, largely driven by its acquisition of e2open and solid CargoWise growth. Underlying EBITDA jumped 56% to $644.5 million, underlying NPAT climbed...
Wisetech Global Sets USD 0.088 Interim Dividend for October Payment
Aug 25, 2026
Wisetech Global has declared a six‑month ordinary dividend of USD 0.088 per fully paid share for the period ended 30 June 2026, reinforcing its ongoing capital return program to shareholders. The distribution will be paid on 9 October 2026, ...
WiseTech Global strengthens board with appointment of Tim Ebbeck as ARC chair
Aug 24, 2026
WiseTech Global has appointed veteran technology executive Tim Ebbeck as an independent non‑executive director, effective 1 September 2026, and named him chair of its Audit Risk Committee. Ebbeck will also join the People Remuneration and ...
WiseTech Global Faces ACCC Probe Into Logistics Software Conduct
Aug 19, 2026
WiseTech Global, a major logistics software provider listed on the ASX, has disclosed that the Australian Competition and Consumer Commission executed a search warrant on the company as part of an investigation into alleged contraventions of the C...
WiseTech temporarily departs ASX audit rule as it strengthens board oversight
Aug 6, 2026
WiseTech Global has temporarily consolidated its governance by retaining newly appointed Independent Chair Raelene Murphy as both chair of the board and chair of the Audit Risk Committee, despite this arrangement not meeting ASX Listing Rule 12.7...
Wisetech Global Seeks ASX Quotation for New Share Issue
Aug 3, 2026
Wisetech Global Limited has applied to the ASX for quotation of 193,685 ordinary fully paid shares, issued on 4 August 2026 under its code WTC. The additional securities, linked to a previously announced Appendix 3B transaction, slightly expand th...
WiseTech Global buys FRDM.ai to power new VerifyWise compliance platform
Jul 21, 2026
WiseTech Global has agreed to acquire California-based FRDM.ai, an AI-powered supply chain risk and compliance intelligence platform that maps multi-tier supplier networks and scores human rights and regulatory risks in real time. The deal, valued...
WiseTech reaffirms long-term DSV partnership as CargoWise usage grows
Jul 9, 2026
WiseTech Global has moved to clarify market speculation about its relationship with Danish logistics giant DSV, stressing that DSV remains an active customer and that usage of the CargoWise platform has continued to grow. The company said CargoWis...
WiseTech Global Names Raelene Murphy Independent Chair as Succession Plan Advances
Jul 7, 2026
WiseTech Global has appointed Raelene Murphy as Independent Chair with immediate effect, elevating her from Lead Independent Director as part of a broader succession strategy. Founder Richard White will remain on the board as an executive director...
Wisetech Global Issues 174,188 New Ordinary Shares After Option Conversions
Jul 2, 2026
Wisetech Global Limited has notified the market of the issue of 174,188 ordinary fully paid shares following the exercise or conversion of previously unquoted equity securities. The new shares, recorded with ASX code WTC and issued on 30 June 2026...
Wisetech Global Issues New Unquoted Share Rights Under Employee Scheme
Jul 2, 2026
Wisetech Global has notified the market of the issue of 230,395 unquoted share rights under its employee incentive scheme, effective 1 May 2026. The securities, recorded under ASX code WTCAA, are not intended to be quoted on the ASX and reflect th...
WiseTech Global discloses final director interest as Andrew Harrison exits board
Jul 1, 2026
WiseTech Global has announced the cessation of Andrew Harrison as a director effective 30 June 2026, as disclosed in a Final Director’s Interest Notice lodged with the ASX. The filing notes that Harrison holds an indirect interest in 12,250 ...
WiseTech rejects media allegations of probe into executive chair
Jun 22, 2026
WiseTech Global, a major logistics and supply chain software provider whose platforms serve tens of thousands of customers worldwide and connect over 500,000 enterprises, continues to expand its reach and functionality through sustained innovation...
Macquarie Group Ceases to Be Substantial Holder in WiseTech Global
Jun 9, 2026
Macquarie Group and its controlled entities have lodged a notice that they have ceased to be a substantial holder in WiseTech Global, indicating their voting power has fallen below the statutory disclosure threshold. The filing, signed by an assis...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.