WHITEHAVEN COAL LIMITED (WHC)
Share Price Analysis and Chart

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WHC

WHC - WHITEHAVEN COAL LIMITED

FNArena Sector : Coal
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: 1.51
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Whitehaven Coal is an Australian coal miner with four mines in the Gunnedah region of New South Wales. Three are open cut, with the other underground. The company was listed on the ASX in 2007.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.82

05 Dec
2025

0.460

OPEN

$7.45

6.25%

HIGH

$7.93

9,004,448

LOW

$7.40

TARGET
$7.371 -5.7% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BCB . BRL . CRN . MMI . NHC . SMR . TER . YAL .
FNARENA'S MARKET CONSENSUS FORECASTS
WHC: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 81.1 14.8 xxx
DPS (cps) xxx 15.0 9.3 xxx
EPS Growth xxx 82.3% - 81.8% xxx
DPS Growth xxx - 25.0% - 38.1% xxx
PE Ratio xxx N/A 52.9 xxx
Dividend Yield xxx N/A 1.2% xxx
Div Pay Ratio(%) xxx 18.5% 62.8% xxx

Dividend yield today if purchased 3 years ago: 1.55%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.92

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/09 - ex-div 13c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx81.1
DPS All xxxxxxxxxxxxxxx15.0
Sales/Revenue xxxxxxxxxxxxxxx5,832.0 M
Book Value Per Share xxxxxxxxxxxxxxx685.3
Net Operating Cash Flow xxxxxxxxxxxxxxx1,105.0 M
Net Profit Margin xxxxxxxxxxxxxxx11.13 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx11.83 %
Return on Invested Capital xxxxxxxxxxxxxxx8.90 %
Return on Assets xxxxxxxxxxxxxxx5.08 %
Return on Equity xxxxxxxxxxxxxxx11.83 %
Return on Total Capital xxxxxxxxxxxxxxx9.44 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx555.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx159 M
Long Term Debt xxxxxxxxxxxxxxx1,874 M
Total Debt xxxxxxxxxxxxxxx2,033 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,206 M
Price To Book Value xxxxxxxxxxxxxxx0.79

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx393.0 M
Capex % of Sales xxxxxxxxxxxxxxx6.74 %
Cost of Goods Sold xxxxxxxxxxxxxxx4,440 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx689 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx84 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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Bell Potter

27/10/2025

3

Hold

$7.00

-10.49%

Whitehaven Coal reported run-of-mine production of 9.0Mt in 1Q26 and saleable output of 7.3Mt, both below expectations due to adverse weather in NSW and QLD, Bell Potter notes.

Flooding at Maules Creek and in-pit water at Blackwater disrupted operations. Net debt rose to $0.8bn from 0.6bn at end-FY25, with FY26 guidance reaffirmed and production expected to be 2H-weighted as volumes recover.

The company expects met coal prices (US$190/t) to remain subdued through FY26, though the broker reckons potential Chinese steel and coal supply cuts could offer upside.

The broker highlights the company continues to generate positive EBITDA despite the subdued coal price environment and is targeting $60–80m in annualised cost savings by end-FY26.

EPS forecast for FY26 cut by -21% but FY27 lifted by 1%.

Hold retained. Target rises to $7.00 from $6.80.

FORECAST
Bell Potter forecasts a full year FY26 dividend of 5.00 cents and EPS of 14.50 cents.
Bell Potter forecasts a full year FY27 dividend of 9.00 cents and EPS of 31.70 cents.

Morgans

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

WHC STOCK CHART

FNArena News on WHC

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