F34 Stock Analysis: Wilmar International | SG
Packaged Foods | SG, Singapore | Market Cap: 21.667m SGD | 12M Return: 26.1% | SG1T56930848 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 18.5M
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Wilmar International Limited is a Singapore-headquartered agribusiness group founded in 1991, with operations spanning Asia, Africa, Europe, and Australia. The company is organized into four segments: Food Products (processing, branding, and distribution of edible goods such as vegetable oils, sugar, flour, rice, noodles, dairy, and ready-to-eat meals), Feed and Industrial Products (animal feeds, oleochemicals, biodiesel, and related commodities), Plantation and Sugar Milling (oil palm cultivation, sugar milling, and compound fertilizers), and Others (logistics, port services, and investments).
Beyond its core segments, Wilmar provides a wide range of ancillary services, including warehousing, seaport operations, ship ownership and chartering, e-commerce, investment management, and turnkey engineering projects. As a large-cap Consumer Staples constituent in the Agricultural Products & Services sub-industry, the company operates a vertically integrated model that links upstream plantation assets with midstream processing and downstream branded consumer food distribution, giving it exposure across the full palm oil and sugar value chains.
- Palm oil prices swing on Indonesia-Malaysia output and biofuel mandates
- China consumer demand drives edible oil and food products margins
- Sugar milling profitability tracks global sugar price volatility
| Net Income: 1.41b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 2.24 > 1.0 |
| NWC/Revenue: 4.40% < 20% (prev 6.96%; Δ -2.56% < -1%) |
| CFO/TA 0.04 > 3% & CFO 2.36b > Net Income 1.41b |
| Net Debt (-2.56b) to EBITDA (4.05b): -0.63 < 3 |
| Current Ratio: 1.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (6.24b) vs 12m ago 0.00% < -2% |
| Gross Margin: 8.23% > 18% (prev 7.73%; Δ 0.50% > 0.5%) |
| Asset Turnover: 110.3% > 50% (prev 111.0%; Δ -0.64% > 0%) |
| Interest Coverage Ratio: 2.46 > 6 (EBIT TTM 2.67b / Interest Expense TTM 1.09b) |
| A: 0.05 (Total Current Assets 37.3b - Total Current Liabilities 34.2b) / Total Assets 66.9b |
| B: 0.22 (Retained Earnings 15.0b / Total Assets 66.9b) |
| C: 0.04 (EBIT TTM 2.67b / Avg Total Assets 63.8b) |
| D: 0.53 (Book Value of Equity 22.2b / Total Liabilities 41.5b) |
| Altman-Z'' = 1.88 = BBB |
| DSRI: 1.00 (Receivables 7.19b/6.88b, Revenue 70.4b/67.4b) |
| GMI: 0.94 (GM 7.73% / 8.23%) |
| AQI: 1.07 (AQ_t 0.20 / AQ_t-1 0.19) |
| SGI: 1.05 (Revenue 70.4b / 67.4b) |
| TATA: -0.01 (NI 1.41b - CFO 2.36b) / TA 66.9b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of October 12, 2026, the stock is trading at SGD 3.55 with a total of 6,833,400 shares traded. Over the past week, the price has changed by +2.31%, over one month by -4.83%, over three months by -5.55% and over the past year by +26.07%.
Current recommended Stop Loss: 3.30 (which is 7% or 2.8 ATR below the current price).
Wilmar International has no consensus analysts rating.
Market Cap USD = 16.9b (21.7b SGD * 0.7806 SGD.USD)
P/E Trailing = 11.9655
P/E Forward = 11.0619
P/S = 0.2848
P/B = 0.8088
P/EG = 9.2165
Revenue TTM = 70.4b USD
EBIT TTM = 2.67b USD
EBITDA TTM = 4.05b USD
Long Term Debt = 6.26b USD (from longTermDebt, last quarter)
Short Term Debt = 25.9b USD (from shortLongTermDebt, last quarter)
Debt = 313.8m USD (Leases only: 313.8m)
Net Debt = -2.56b USD (calculated: Debt 313.8m - CCE 2.87b)
Enterprise Value = 14.4b USD (16.9b + Debt 313.8m - CCE 2.87b)
Interest Coverage Ratio = 2.46 (Ebit TTM 2.67b / Interest Expense TTM 1.09b)
EV/FCF = 11.21x (Enterprise Value 14.4b / FCF TTM 1.28b)
FCF Yield = 8.92% (FCF TTM 1.28b / Enterprise Value 14.4b)
FCF Margin = 1.82% (FCF TTM 1.28b / Revenue TTM 70.4b)
Net Margin = 2.00% (Net Income TTM 1.41b / Revenue TTM 70.4b)
Gross Margin = 8.23% ((Revenue TTM 70.4b - Cost of Revenue TTM 64.6b) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.21 (Enterprise Value 14.4b / Total Assets 66.9b)
Interest Expense / Debt = 346.0% (Interest Expense 1.09b / Debt 313.8m)
Taxrate = 25.49% (532.6m / 2.09b)
NOPAT = 1.99b (EBIT 2.67b * (1 - 25.49%))
Current Ratio = 1.09 (Total Current Assets 37.3b / Total Current Liabilities 34.2b)
Debt / Equity = 0.01 (Debt 313.8m / totalStockholderEquity, last quarter 22.2b)
Debt / EBITDA = -0.63 (Net Debt -2.56b / EBITDA 4.05b)
Debt / FCF = -2.00 (Net Debt -2.56b / FCF TTM 1.28b)
Total Stockholder Equity = 21.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.21% (Net Income 1.41b / Total Assets 66.9b)
RoE = 6.67% (Net Income TTM 1.41b / Total Stockholder Equity 21.1b)
RoCE = 9.73% (EBIT 2.67b / Capital Employed (Equity 21.1b + L.T.Debt 6.26b))
RoIC = 6.64% (NOPAT 1.99b / Invested Capital 29.9b)
WACC = 5.91% (E(16.9b)/V(17.2b) * Re(6.02%) + (debt cost/tax rate unavailable))
Discount Rate = 6.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 45.75 | Cagr: 14.38%
[DCF] Terminal Value 75.44% ; FCFF base≈1.28b ; Y1≈1.29b ; Y5≈1.36b
[DCF] Fair Price = 3.80 (EV 21.2b - Net Debt -2.56b = Equity 23.7b / Shares 6.24b; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 2.69 | # QB: 1
Revenue Correlation: 89.57 | Revenue CAGR: 2.40% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.24 | Chg30d=+1.54% | Revisions=-17% | GrowthEPS=+19.2% | GrowthRev=+12.0%
EPS next Year (2027-12-31): EPS=0.27 | Chg30d=-0.34% | Revisions=-25% | GrowthEPS=+9.5% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: -29% (up=1, down=3)