Whitehaven Coal (WHC) Stock Overview
Develops and operates coal mines in Queensland and New South Wales. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
WHC Community Fair Values
Create NarrativeSee what 86 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Whitehaven Coal Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$7.75 |
| 52 Week High | AU$9.90 |
| 52 Week Low | AU$5.94 |
| Beta | -0.32 |
| 1 Month Change | 1.44% |
| 3 Month Change | -5.02% |
| 1 Year Change | 18.68% |
| 3 Year Change | 19.60% |
| 5 Year Change | 222.92% |
| Change since IPO | 355.88% |
Recent News & Updates
Narrative Update • Aug 19
WHC: Fair Value Reset Will Balance Met Coal Upside And Capital Returns
Analysts have trimmed their fair value estimate for Whitehaven Coal from about A$8.80 to about A$8.35 as they reset expectations for revenue growth, profit margins and future P/E assumptions, while still acknowledging near term upside to met coal prices and a valuation that some see as appearing attractive. Analyst Commentary Recent commentary on Whitehaven Coal shows a mix of cautious optimism and longer term concern.
Narrative Update • Jul 20
WHC: Met Coal Pricing And Cost Savings Will Drive Future Earnings Power
Whitehaven Coal's updated analyst price target has moved to A$10.60 from A$10.00, reflecting analysts' view that a slightly higher fair value, a lower assumed future P/E of 8.1 and stronger profit margin assumptions now offset more moderate revenue growth expectations. Analyst Commentary Recent Street research on Whitehaven Coal points to a shift in tone from some bearish views toward a more balanced stance, with at least one major upgrade and a higher price target helping to frame how bullish analysts are thinking about valuation and earnings power.Recent updates
Narrative Update • Aug 19
WHC: Fair Value Reset Will Balance Met Coal Upside And Capital Returns
Analysts have trimmed their fair value estimate for Whitehaven Coal from about A$8.80 to about A$8.35 as they reset expectations for revenue growth, profit margins and future P/E assumptions, while still acknowledging near term upside to met coal prices and a valuation that some see as appearing attractive. Analyst Commentary Recent commentary on Whitehaven Coal shows a mix of cautious optimism and longer term concern.Narrative Update • Jul 20
WHC: Met Coal Pricing And Cost Savings Will Drive Future Earnings Power
Whitehaven Coal's updated analyst price target has moved to A$10.60 from A$10.00, reflecting analysts' view that a slightly higher fair value, a lower assumed future P/E of 8.1 and stronger profit margin assumptions now offset more moderate revenue growth expectations. Analyst Commentary Recent Street research on Whitehaven Coal points to a shift in tone from some bearish views toward a more balanced stance, with at least one major upgrade and a higher price target helping to frame how bullish analysts are thinking about valuation and earnings power.
Narrative Update • Jul 06
WHC: Head And Shoulders Breakdown Is Expected To Pressure Rich P/E
Analysts have trimmed their fair value estimate for Whitehaven Coal by A$0.35. This adjustment reflects updated assumptions for revenue growth, profit margins, the discount rate and future P/E multiples.Narrative Update • Jun 22
WHC: Capital Returns And Metallurgical Integration Will Shape Future Risk Balance
The analyst price target for Whitehaven Coal has been lifted slightly to A$8.80 from A$8.78, with analysts pointing to modest adjustments in fair value, revenue growth, profit margin and future P/E assumptions to support the change. Analyst Commentary Recent commentary around Whitehaven Coal focuses on how small changes in key assumptions, such as revenue growth, profit margins and future P/E, flow through to valuation and help justify the adjusted A$8.80 price target.Narrative Update • Jun 06
WHC: Buybacks And Earnings Delivery Will Shape Future Risk Reward Balance
Analysts have adjusted their price target on Whitehaven Coal to A$10.00. The updated view reflects changes to revenue growth, profit margin assumptions and a lower future P/E multiple, offset by a slightly higher discount rate.Narrative Update • May 20
WHC: Modest Risk Repricing And Capital Returns Will Shape Future Balance
Analysts have trimmed their fair value estimate for Whitehaven Coal slightly to A$8.78 per share, reflecting a modestly higher discount rate, a small adjustment to profit margin expectations and a slightly higher implied future P/E multiple. Analyst Commentary Analysts covering Whitehaven Coal are using a mix of cautious and constructive inputs when thinking about valuation, particularly around risk, earnings quality and the level of market expectations embedded in the updated fair value.Narrative Update • May 04
WHC: Commodity Deck Reset And Capital Returns Will Shape Future Risk Balance
The analyst fair value estimate for Whitehaven Coal has been adjusted slightly higher to A$8.86 from A$8.82 as analysts factor in updated commodity price assumptions, along with modest tweaks to revenue growth, profit margin, and future P/E expectations. Analyst Commentary Recent Street research around Whitehaven Coal has focused on updated commodity price assumptions, which feed directly into analysts' valuation work and the fair value estimate of A$8.86.Narrative Update • Apr 20
WHC: Commodity Deck Reset And Buybacks Will Shape Balanced Risk Profile
Analysts have lowered their price target on Whitehaven Coal to A$10.00 from A$11.00. This reflects updated commodity price assumptions, along with slightly higher fair value, revenue growth and profit margin inputs, as well as a lower forward P/E in their models.Narrative Update • Apr 05
WHC: Lower Coal Assumptions And Rich P/E Will Pressure Shares
Analysts have trimmed their A$ price targets on Whitehaven Coal, including a move to A$10 from A$11, alongside updated long term commodity price assumptions. The modelled fair value used here shifts from A$6.44 to A$6.83 based on revised revenue growth, profit margin and future P/E inputs.Narrative Update • Mar 22
WHC: Future Buybacks And Mixed Commodity Views May Support Balanced Risk Profile
Analysts have reduced their price target on Whitehaven Coal to A$10 from A$11, reflecting updated commodity price forecasts while still incorporating higher fair value, revenue and profit assumptions alongside a lower future P/E in their models. Analyst Commentary Recent research on Whitehaven Coal highlights a mixed set of views, with some focusing on adjusted commodity assumptions and others pointing to valuation and risk considerations.Narrative Update • Mar 08
WHC: Lower Coal Assumptions And Rich P/E Are Expected To Pressure Shares
Analysts have trimmed their fair value estimate for Whitehaven Coal and the average price target has eased to A$10 from A$11, reflecting updated long term commodity price assumptions and changes to expected revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent updates from bearish analysts highlight a more cautious stance on Whitehaven Coal, mainly driven by revised commodity assumptions and concerns about how current pricing feeds into earnings and valuation.Narrative Update • Feb 22
WHC: Buybacks And Higher Commodity Deck Will Shape Future Upside
Analysts have raised their fair value estimate for Whitehaven Coal to A$10.00 from A$9.50, reflecting updated commodity price assumptions and a lower future P/E expectation of 16.17x, partly offset by a more cautious profit margin outlook. Analyst Commentary Recent Street research on Whitehaven Coal presents a mixed picture, with valuation views pulling in different directions.Narrative Update • Feb 08
WHC: Richer P/E And Downgrade Are Expected To Pressure Shares
Analysts have revised their fair value estimate for Whitehaven Coal to A$6.10 per share, down from about A$6.80. They cite richer valuation metrics and a higher implied future P/E of roughly 26x, even as their forecasts incorporate lower revenue growth and an improved profit margin outlook.Narrative Update • Jan 24
WHC: Conflicting Views And Buybacks Will Shape Future Share Repricing
Analysts have raised their fair value estimate for Whitehaven Coal from A$8.85 to A$9.50. This reflects updated assumptions for discount rates, revenue growth, profit margins and a higher future P/E multiple, even as some recent research has adopted a more cautious stance on valuation.Analysis Article • Jan 12
An Intrinsic Calculation For Whitehaven Coal Limited (ASX:WHC) Suggests It's 49% Undervalued
Key Insights Whitehaven Coal's estimated fair value is AU$16.11 based on 2 Stage Free Cash Flow to Equity Current share...Narrative Update • Jan 10
WHC: Future Buybacks And Earnings Visibility May Support Balanced Risk Profile
Analysts have inched up their fair value estimate for Whitehaven Coal to A$7.63 from A$7.62, reflecting slightly lower projected revenue growth and profit margins paired with a marginally higher future P/E assumption. Analyst Commentary Recent Street research on other cyclical, cash generative businesses gives some useful context for how analysts might frame Whitehaven Coal, particularly around valuation, earnings visibility, and the trade off between shorter term headwinds and longer term earnings power.Narrative Update • Dec 22
WHC: Future Buybacks And Margin Discipline May Support Balanced Risk Reward Profile
Analysts have nudged their price target for Whitehaven Coal higher, lifting fair value by about A$0.14 per share as they factor in stronger expected revenue growth and slightly improved profit margins, while keeping the discount rate and long term valuation multiples broadly unchanged. Analyst Commentary Analysts covering Whitehaven Coal remain divided on the near term risk reward, balancing solid fundamentals and supportive pricing against execution and macro headwinds that could weigh on earnings quality and valuation multiples.Narrative Update • Dec 08
WHC: Future Margins And Buybacks May Support Balanced Risk Reward Profile
Analysts have nudged their price target on Whitehaven Coal modestly higher, citing slightly improved fair value and profit margin assumptions, while tempering revenue growth expectations and keeping the discount rate and future P/E largely unchanged. Analyst Commentary Bullish analysts view the modest price target increase as a reflection of improving confidence in Whitehaven Coal's ability to sustain healthier profit margins, even as they remain selective on top line growth.Narrative Update • Nov 24
WHC: Improved Margins And Cost Controls May Support Near-Term Stability
Analysts have raised their price target for Whitehaven Coal slightly, moving from $7.40 to $7.41. They cited an improved profit margin outlook, even as revenue growth forecasts moderated.Narrative Update • Oct 24
Carbon Policy Pressures And Shifting Demand Will Define Future Coal Profitability
Analysts have slightly lowered their price target for Whitehaven Coal to $7.40 from $7.44, citing updated modeling on revenue growth and profitability expectations. Analyst Commentary Following the updated price target for Whitehaven Coal, analysts have offered a range of perspectives on the company’s outlook and valuation.Narrative Update • Oct 03
ESG Mandates And Carbon Pricing Will Hurt Coal Markets
Analysts have slightly increased their price target for Whitehaven Coal to $7.44 from $7.27. They cited modest improvements in profit margin and discounted cash flow metrics, despite softer revenue growth projections.Analysis Article • Sep 15
We Think Whitehaven Coal (ASX:WHC) Is Taking Some Risk With Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Analysis Article • Jul 23
Whitehaven Coal Limited's (ASX:WHC) Share Price Boosted 29% But Its Business Prospects Need A Lift Too
Whitehaven Coal Limited ( ASX:WHC ) shares have continued their recent momentum with a 29% gain in the last month...Analysis Article • Jul 02
Is Whitehaven Coal Limited (ASX:WHC) Trading At A 23% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Whitehaven Coal fair value estimate is AU$7.31 Whitehaven...Analysis Article • Apr 11
Improved Revenues Required Before Whitehaven Coal Limited (ASX:WHC) Shares Find Their Feet
Whitehaven Coal Limited's ( ASX:WHC ) price-to-sales (or "P/S") ratio of 0.7x might make it look like a strong buy...Analysis Article • Feb 25
Whitehaven Coal's (ASX:WHC) Dividend Will Be A$0.09
Whitehaven Coal Limited ( ASX:WHC ) will pay a dividend of A$0.09 on the 14th of March. Even though the dividend went...
New Narrative • Feb 09
Acquiring Queensland Coal Assets And Partnering With Nippon Steel Will Expand Production And Improve Financial Stability
Acquisition and joint ventures enhance production and stabilize finances, with improved cash flow and potential margin increases.Analysis Article • Dec 25
Little Excitement Around Whitehaven Coal Limited's (ASX:WHC) Revenues
You may think that with a price-to-sales (or "P/S") ratio of 1.3x Whitehaven Coal Limited ( ASX:WHC ) is definitely a...Analysis Article • Oct 23
Here's Why Shareholders May Want To Be Cautious With Increasing Whitehaven Coal Limited's (ASX:WHC) CEO Pay Packet
Key Insights Whitehaven Coal will host its Annual General Meeting on 29th of October CEO Paul Flynn's total...Analysis Article • Sep 11
The Market Doesn't Like What It Sees From Whitehaven Coal Limited's (ASX:WHC) Revenues Yet As Shares Tumble 29%
Whitehaven Coal Limited ( ASX:WHC ) shareholders that were waiting for something to happen have been dealt a blow with...Analysis Article • Aug 28
Investors Can Find Comfort In Whitehaven Coal's (ASX:WHC) Earnings Quality
Shareholders appeared unconcerned with Whitehaven Coal Limited's ( ASX:WHC ) lackluster earnings report last week. Our...Analysis Article • Aug 24
Whitehaven Coal (ASX:WHC) Will Pay A Dividend Of A$0.13
Whitehaven Coal Limited ( ASX:WHC ) will pay a dividend of A$0.13 on the 17th of September. Based on this payment, the...Shareholder Returns
| WHC | AU Oil and Gas | AU Market | |
|---|---|---|---|
| 7D | 0.8% | 2.7% | -1.0% |
| 1Y | 18.7% | 19.1% | -0.1% |
Return vs Industry: WHC matched the Australian Oil and Gas industry which returned 19.1% over the past year.
Return vs Market: WHC exceeded the Australian Market which returned -0.1% over the past year.
Price Volatility
| WHC volatility | |
|---|---|
| WHC Average Weekly Movement | 5.5% |
| Oil and Gas Industry Average Movement | 11.2% |
| Market Average Movement | 9.7% |
| 10% most volatile stocks in AU Market | 16.8% |
| 10% least volatile stocks in AU Market | 3.9% |
Stable Share Price: WHC has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: WHC's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 6,317 | Paul Flynn | whitehavencoal.com.au |
Whitehaven Coal Limited develops and operates coal mines in Queensland and New South Wales. The company produces metallurgical and thermal coal. It operates mines, including open-cut and underground, located in the Gunnedah Coal Basin in New South Wales.
Whitehaven Coal Limited Fundamentals Summary
| WHC fundamental statistics | |
|---|---|
| Market cap | AU$6.27b |
| Earnings (TTM) | AU$385.00m |
| Revenue (TTM) | AU$5.40b |
16.6x
P/E Ratio1.2x
P/S RatioIs WHC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WHC income statement (TTM) | |
|---|---|
| Revenue | AU$5.40b |
| Cost of Revenue | AU$4.13b |
| Gross Profit | AU$1.28b |
| Other Expenses | AU$891.00m |
| Earnings | AU$385.00m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.47 |
| Gross Margin | 23.63% |
| Net Profit Margin | 7.13% |
| Debt/Equity Ratio | 34.2% |
How did WHC perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield21%
Payout RatioDoes WHC pay a reliable dividends?
See WHC dividend history and benchmarks| Whitehaven Coal dividend dates | |
|---|---|
| Ex Dividend Date | Sep 02 2026 |
| Dividend Pay Date | Sep 15 2026 |
| Days until Ex dividend | 12 days |
| Days until Dividend pay date | 25 days |
Does WHC pay a reliable dividends?
See WHC dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/21 08:52 |
| End of Day Share Price | 2026/08/21 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Whitehaven Coal Limited is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dale Koenders | Barrenjoey Markets Pty Limited |
| James Williamson | Bell Potter |
| Chen Jiang | BofA Global Research |