WTC share price in focus
Founded in 1994 by Richard White and Maree Isaacs, WiseTech Global develops cloud-based software solutions for the international and domestic logistics industries.
WiseTech offers a comprehensive suite of products that support various logistics functions, including forwarding and customs, landside transport, rates and contracts, warehousing, and transport management systems.
Its flagship software, CargoWise, is a market-leading platform widely adopted by the logistics industry. It is used by all 25 of the largest global freight forwarders and 46 of the top 50 third-party logistics providers, cementing its reputation as an industry leader.
XRO shares
Xero founder Rod Drury started the company in 2006 in Wellington, New Zealand. He led the company until 2018 and remained on the board until 2023. Today, Xero helps millions of people and businesses manage their accounting and tax obligations across the globe.
The cloud-based accounting software developed by Xero is primarily for accountants and bookkeepers to better service their small business customers.
Through Xero, small business owners and their advisors have access to real-time financial data on any device. Xero provides its core cloud accounting software to customers in New Zealand, Australia, the UK and, over the last few years has been working hard to break into the US market.
WTC share price valuation
As a growth company, some of the trends we might investigate from WTC include revenue growth, profit growth, and return on equity (ROE). These measures can indicate the growth rates and prospects of the company, as well as their ability to generate returns from their assets.
Since 2021, WTC has grown revenue at a rate of 27.1% per year to reach $1,042m in FY24. Over the same stretch of time, net profit has increased from $108m to $263m. WTC last reported a ROE of 12.8%.
Over the last 3 years, XRO has increased revenue at a rate of 26.4% per year to hit $1,714m in FY24. Meanwhile, net profit has increased from -$9m to $175m. XRO’s last reported ROE was 14.3%.
Please keep in mind that context is important – these metrics give us some indication of company performance, but it’s just the start of valuing WTC or XRO shares. To learn more about valuation, check out one of our free online investing courses.
