Whitehaven Coal Limited (WHITF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Whitehaven Coal Limited $15.61, price $5.15, upside +203.1%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Whitehaven Coal Limited
WHITF · USClearly undervaluedStrong Fair Value upside, but quality is only moderate.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $0.0100 – $6.85 · fair‑value band $9.98 – $20.29 · the $5.15 price screens below the $15.61 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Company profile
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.
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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. The company sells coal in Japan, China, Korea, Taiwan, Malaysia, Vietnam, Indonesia, India, Europe, and internationally. Whitehaven Coal Limited was founded in 1999 and is based in Sydney, Australia.
Stock analysis
Whitehaven Coal Limited (WHITF) currently trades at $5.15, while our model-based Fair Value estimate is $15.61, implying the stock looks roughly 67.0% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $18.49 per share, and 22 of the 26 models we run sit above the $5.15 price.
Bear case: the Dividend Discount group reads lowest at $2.25, and 4 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: $9.98 (bear) to $20.29 (bull), the price of $5.15 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Energy sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Whitehaven Coal Limited reported revenue of A$5.8B in FY2025 versus A$1.6B in FY2021, a compound +39.1%/yr. Reported net income was A$649M in FY2025.
Key figures
Market cap $4.6B · P/E ratio 9.4 · P/S ratio 1.04 · EPS (TTM) $0.5500 · Dividend yield 1.9% · Net margin 11.1% · Return on equity 11.3% · Return on assets (EBIT) 23.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 25% below its 52-week high and 23% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −33% fair-value upside, at 203%, WHITF screens cheaper than that median.
Fair Value models
All 26 models by family
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Set up alert →Quality Score breakdown
Of which business quality 62 · Market factors (momentum, volatility) 46
Revenue & earnings trend
Growth Forecast
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Earlier news
- Whitehaven Coal Ltd (WHITF) (FY 2026) Earnings Call Highlights: Record Production and Cost Cuts ...
- Diversification Into Metallurgical Coal Strengthens Whitehaven Coal Limited (WHITF) Value Generation Capabilities
- Whitehaven Coal Ltd (WHITF) (Q1 2026) Earnings Call Highlights: Strong Operational Performance ...
- Is Whitehaven Coal Limited (ASX:WHC) Trading At A 34% Discount?
Compare Whitehaven Coal Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Thermal Coal · 84 stocks
Valuation Multiplesvs Thermal Coal median · lower = cheaper
Context: sector, industry, market
- Is the Energy sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Energy
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Thermal Coal stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| China Shenhua Energy Company 601088 | ¥48.03 | ¥31.96 | −33% |
| Adani Enterprises Limited ADANIENT | ₹2,917 | ₹891.11 | −69% |
| Shaanxi Coal Industry Company 601225 | ¥25.83 | ¥28.41 | +10% |
| Yankuang Energy Group 600188 | ¥19.76 | ¥9.35 | −53% |
| China Coal Energy Company 601898 | ¥14.01 | ¥14.62 | +4% |
| Coal India Limited COALINDIA | ₹426.10 | ₹464.01 | +9% |
| PT Bayan Resources Tbk., BYAN | 12,100 IDR | 4,698 IDR | −61% |
| Inner Mongolia Dian Tou Energy Corporation 002128 | ¥27.82 | ¥20.72 | −26% |
| PT Dian Swastatika Sentosa Tbk, DSSA | 1,055 IDR | 243.05 IDR | −77% |
| Shanxi Lu'an Environmental Energy Development Co 601699 | ¥15.35 | ¥6.23 | −59% |
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Frequently asked questions
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Key figures of Whitehaven Coal Limited
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