Woodside Energy Group Ltd

ASX:WDS Stock Report

Market Cap: AU$57.9b

Woodside Energy Group Valuation

Is WDS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of WDS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: WDS (A$30.48) is trading below our estimate of future cash flow value (A$110.04)

Significantly Below Future Cash Flow Value: WDS is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WDS?

Key metric: As WDS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WDS. This is calculated by dividing WDS's market cap by their current earnings.
What is WDS's PE Ratio?
PE Ratio15x
EarningsUS$2.72b
Market CapUS$40.72b

Price to Earnings Ratio vs Peers

How does WDS's PE Ratio compare to its peers?

The above table shows the PE ratio for WDS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.2x
STO Santos
20.3x17.86%AU$23.6b
KAR Karoon Energy
7.3x-2.17%AU$1.3b
HZN Horizon Oil
37.8xn/aAU$431.7m
YAL Yancoal Australia
19.5x16.71%AU$8.6b
WDS Woodside Energy Group
15x3.15%AU$57.9b

Price-To-Earnings vs Peers: WDS is good value based on its Price-To-Earnings Ratio (15x) compared to the peer average (21.2x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does WDS's PE Ratio compare vs other companies in the AU Oil and Gas Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BYE Byron Energy
3.3x-10.28%US$37.64m
IKW Ikwezi Mining
1.7xn/aUS$12.55m
No more companies available in this PE range
WDS 15.0xIndustry Avg. 19.9xNo. of Companies3PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WDS is good value based on its Price-To-Earnings Ratio (15x) compared to the Australian Oil and Gas industry average (19.9x).

Price to Earnings Ratio vs Fair Ratio

What is WDS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WDS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15x
Fair PE Ratio22.4x

Price-To-Earnings vs Fair Ratio: WDS is good value based on its Price-To-Earnings Ratio (15x) compared to the estimated Fair Price-To-Earnings Ratio (22.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst WDS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$30.48
AU$28.02
-8.09%
17.17%AU$41.67AU$21.39n/a14
Feb ’27AU$25.37
AU$26.72
+5.31%
19.02%AU$42.20AU$21.86n/a15
Jan ’27AU$23.59
AU$27.49
+16.52%
19.82%AU$44.21AU$23.03n/a15
Dec ’26AU$25.16
AU$27.88
+10.82%
19.95%AU$45.18AU$23.53n/a15
Nov ’26AU$24.80
AU$27.41
+10.51%
20.10%AU$44.59AU$23.23n/a15
Oct ’26AU$22.85
AU$25.71
+12.53%
11.73%AU$33.10AU$22.47n/a14
Sep ’26AU$26.13
AU$26.95
+3.16%
18.03%AU$42.00AU$22.68n/a15
Aug ’26AU$26.53
AU$28.19
+6.24%
17.81%AU$43.77AU$23.67n/a15
Jul ’26AU$23.56
AU$26.25
+11.43%
18.79%AU$40.43AU$21.29n/a15
Jun ’26AU$22.25
AU$26.35
+18.45%
19.06%AU$41.12AU$21.65n/a14
May ’26AU$20.20
AU$26.44
+30.90%
18.48%AU$41.35AU$21.42n/a14
Apr ’26AU$23.51
AU$28.25
+20.17%
14.32%AU$41.82AU$23.88n/a15
Mar ’26AU$24.77
AU$28.52
+15.15%
14.31%AU$42.14AU$24.06AU$28.3115
Feb ’26AU$24.71
AU$28.84
+16.70%
15.38%AU$41.59AU$23.09AU$25.3714
Jan ’26AU$24.60
AU$29.79
+21.09%
14.64%AU$40.14AU$21.58AU$23.5914
Dec ’25AU$24.51
AU$29.55
+20.57%
13.66%AU$39.95AU$23.59AU$25.1614
Nov ’25AU$24.05
AU$30.01
+24.78%
16.93%AU$45.55AU$23.28AU$24.8014
Oct ’25AU$25.13
AU$29.84
+18.76%
15.57%AU$44.18AU$23.06AU$22.8515
Sep ’25AU$27.19
AU$30.82
+13.34%
14.92%AU$44.88AU$24.95AU$26.1315
Aug ’25AU$28.02
AU$33.07
+18.02%
12.91%AU$45.53AU$28.33AU$26.5315
Jul ’25AU$28.25
AU$32.31
+14.36%
13.94%AU$43.52AU$23.21AU$23.5615
Jun ’25AU$27.70
AU$32.12
+15.97%
14.03%AU$43.71AU$23.31AU$22.2515
May ’25AU$27.50
AU$32.31
+17.50%
14.15%AU$44.01AU$23.47AU$20.2015
Apr ’25AU$30.50
AU$33.02
+8.27%
14.13%AU$45.23AU$24.03AU$23.5115
Mar ’25AU$30.85
AU$32.92
+6.71%
13.33%AU$45.13AU$25.85AU$24.7715
AU$28.02
Fair Value
8.8% overvalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/03 19:21
End of Day Share Price 2026/03/03 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Woodside Energy Group Ltd is covered by 20 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dale KoendersBarrenjoey Markets Pty Limited
NEIL BEVERIDGEBernstein
Matt ChalmersBofA Global Research