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WestStar Industrial Limited (WSI) Fair Value & Analysis

Industrials · AU · Market cap A$9.0M

WI WestStar Industrial Limited WSI · AU
PriceA$0.0610
Fair ValueA$0.0779
Upside+27.7%
Quality39/100
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Evidence: Low Range A$0.0509 – A$0.1072

Fair value as of: Jun 26, 2026

From 3 valuation models · updated 7 days ago

Fair value updated Jun 26, 2026 — revised from A$0.6500 to A$0.0779 (−88.0%) since Jun 24, 2026.

Price vs Fair Value (12 months)

A$0.1126 A$0.0516 Fair Value A$0.0779 Oct 2024 Jul 2026

12‑month range A$0.0516 – A$0.1126 · fair‑value band A$0.0509 – A$0.1072 · the A$0.0610 price screens below the A$0.0779 fair value. As of Jun 26, 2026.

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Analysis

WestStar Industrial Limited (WSI) currently trades at A$0.0610, while our model-based Fair Value estimate is A$0.0779 — implying the stock looks roughly 27.7% undervalued today. We read business quality at 39/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, WestStar Industrial Limited generated revenue of A$129M at a net margin of -1.2%. Revenue declined 1.9% year over year. It earns a return on equity of -5.3%. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$129M
Revenue growth (YoY) -1.9%
Net margin -1.2%
Return on equity -5.3%
Free cash flow −A$9.5M FY2025
Operating margin -3.3%
More key figures
EPS (TTM) A$-0.0100
EPS growth (YoY) -21.1%
Net cash A$868K FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

WestStar Industrial Limited, an industrial services company, provides engineering, fabrication, construction, and maintenance services to resources, energy, oil and gas, petrochemical, water, defence, and infrastructure sectors in Australia. It operates through SIMPEC, Alltype, and Watmar segments. The company's services include structural and mechanical piping, and electrical and instrumentation; fluid system equipment services, maintenance, and technical solutions; pipe plate and structural steel fabrication; non-process infrastructure; rotating equipment installation; asset management; maintenance shutdowns and turnarounds; OEM equipment, technical support, parts, and services; design and construct/EPC projects; and multidiscipline turnkey projects. It also provides multidiscipline construction contracting, fabrication, and project and construction services. The company was formerly known as Precast Australia Pty Ltd. WestStar Industrial Limited was incorporated in 2006 and is …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

WestStar Industrial Limited reported revenue of A$131M in FY2025 versus A$71.8M in FY2021, a compound +16.2%/yr. Reported net income was −A$3.4M in FY2025.

Revenue +16.2%/yr
FY21 A$71.8M
FY22 A$182M
FY23 A$304M
FY24 A$206M
FY25 A$131M
Net income
FY21 A$837K
FY22 A$4.3M
FY23 A$1.8M
FY24 A$3.3M
FY25 −A$3.4M

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Frequently asked questions

Is WestStar Industrial Limited (WSI) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.0779 versus a price of A$0.0610 — about +28% (undervalued). Model-based estimate, not financial advice.
What is the fair value of WSI?
Our model-based fair value for WestStar Industrial Limited is A$0.0779 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.0610.
What is the quality score of WSI?
WestStar Industrial Limited has a Quality Score of 39/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of WestStar Industrial Limited (WSI)?
WestStar Industrial Limited reported trailing-twelve-month revenue of about A$129M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of WSI?
The net profit margin of WestStar Industrial Limited is about -1.2%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.