Worley Ltd
WOR: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$89.20 | Zwhk | Yjkxtgx |
Worley: Earnings Guidance Stands, With New Work at Higher Margins
The time value of money sees our fair value estimate for no-moat Worley rise to AUD 13.50 per share from AUD 13.25. At about AUD 14.70 the sustainability facilitator’s shares are slightly overvalued. Despite our bullish outlook, we think the multiple being paid by the market is a touch too high.