WHSP Holdings Limited

ASX:SOL Stock Report

Market Cap: AU$14.4b

WHSP Holdings Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

AU$17.3
Fair Value
120.8% overvalued intrinsic discount
2
Number of Analysts

Below Fair Value: SOL (A$38.2) is trading above our estimate of fair value (A$17.3)

Significantly Below Fair Value: SOL is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SOL. This is calculated by dividing SOL's market cap by their current earnings.
What is SOL's PE Ratio?
PE Ratio39.8x
EarningsAU$364.20m
Market CapAU$14.42b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SOL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.6x
AFI Australian Foundation Investment
32.7xn/aAU$9.3b
ASX ASX
22.6x4.58%AU$11.3b
AMP AMP
27.9x16.95%AU$4.8b
ARG Argo Investments
27.2xn/aAU$7.1b
SOL WHSP Holdings
39.8x0.47%AU$14.5b

Price-To-Earnings vs Peers: SOL is expensive based on its Price-To-Earnings Ratio (39.8x) compared to the peer average (27.6x).

Price to Earnings Ratio vs Industry

How does SOL's PE Ratio compare vs other companies in the Oceanian Diversified Financial Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SOL 39.8xIndustry Avg. 15.9xNo. of Companies4PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SOL is expensive based on its Price-To-Earnings Ratio (39.8x) compared to the Global Diversified Financial industry average (15.9x).

Price to Earnings Ratio vs Fair Ratio

What is SOL'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.

SOL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.8x
Fair PE Ratio18x

Price-To-Earnings vs Fair Ratio: SOL is expensive based on its Price-To-Earnings Ratio (39.8x) compared to the estimated Fair Price-To-Earnings Ratio (18x).

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 SOL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$38.20
AU$39.08
+2.29%
10.43%AU$43.15AU$35.00n/a2
Oct ’26AU$40.57
AU$39.08
-3.68%
10.43%AU$43.15AU$35.00n/a2
Sep ’26AU$44.02
AU$39.08
-11.23%
10.43%AU$43.15AU$35.00n/a2
Aug ’26AU$40.32
AU$39.08
-3.09%
10.43%AU$43.15AU$35.00n/a2
Jul ’26AU$42.44
AU$39.08
-7.93%
10.43%AU$43.15AU$35.00n/a2
Jun ’26AU$36.93
AU$36.25
-1.84%
3.45%AU$37.50AU$35.00n/a2
May ’26AU$37.16
AU$35.60
-4.20%
1.69%AU$36.20AU$35.00n/a2
Apr ’26AU$34.71
AU$35.60
+2.56%
1.69%AU$36.20AU$35.00n/a2
Mar ’26AU$34.11
AU$35.15
+3.05%
3.27%AU$36.30AU$34.00n/a2
Feb ’26AU$34.24
AU$35.15
+2.66%
3.27%AU$36.30AU$34.00n/a2
Jan ’26AU$34.22
AU$35.15
+2.72%
3.27%AU$36.30AU$34.00n/a2
Dec ’25AU$34.80
AU$34.80
0%
2.30%AU$35.60AU$34.00n/a2
Nov ’25AU$33.11
AU$34.80
+5.10%
2.30%AU$35.60AU$34.00n/a2
Oct ’25AU$35.05
AU$34.80
-0.71%
2.30%AU$35.60AU$34.00AU$40.572
Sep ’25AU$34.50
AU$34.80
+0.87%
2.30%AU$35.60AU$34.00AU$44.022
Aug ’25AU$35.69
AU$34.80
-2.49%
2.30%AU$35.60AU$34.00AU$40.322
Jul ’25AU$32.92
AU$34.30
+4.19%
3.79%AU$35.60AU$33.00AU$42.442
Jun ’25AU$31.04
AU$34.30
+10.50%
3.79%AU$35.60AU$33.00AU$36.932
May ’25AU$31.86
AU$34.30
+7.66%
3.79%AU$35.60AU$33.00AU$37.162
Apr ’25AU$33.61
AU$34.30
+2.05%
3.79%AU$35.60AU$33.00AU$34.712
Mar ’25AU$34.91
AU$33.38
-4.40%
4.12%AU$34.75AU$32.00AU$34.112
Feb ’25AU$33.48
AU$33.38
-0.31%
4.12%AU$34.75AU$32.00AU$34.242
Jan ’25AU$32.77
AU$33.38
+1.85%
4.12%AU$34.75AU$32.00AU$34.222
Dec ’24AU$33.71
AU$30.83
-8.56%
12.73%AU$34.75AU$26.90AU$34.802
Nov ’24AU$33.55
AU$30.83
-8.12%
12.73%AU$34.75AU$26.90AU$33.112
Oct ’24AU$32.59
AU$28.78
-11.71%
6.52%AU$30.65AU$26.90AU$35.052
AU$39.08
Fair Value
2.2% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/16 14:08
End of Day Share Price 2025/10/16 00:00
Earnings2025/07/31
Annual Earnings2025/07/31

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

WHSP Holdings Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Steven SassineMorgans Financial Limited
Esther HollowayMorningstar Inc.