F34.SI
SGX50SESWilmar International Limited
Consumer Defensive · Packaged Foods · Singapore
Wilmar International Limited, together with its subsidiaries, operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally. It operates in four segments: Food Products, Feed and Industrial Products, Plantation and Sugar Milling, and Others. The Food Products segment engages in the processing, branding, and distribution of a range of edible food products, including vegetable oils, sugar, flour, rice, noodles, specialty fats, snacks, bakery, and dairy products; and ready-to-eat meals and central kitchen products. Its Feed and Industrial Products segment is involved in the processing, merchandising, and distribution of products, such as animal feeds, non-edible palm and lauric products, agricultural commodities, oleochemicals, gas oil, and biodiesel. The Plantation and Sugar Milling segment engages in oil palm plantation and sugar milling activities, as well as production of compound fertilizers. Its Others segment provides logistics and jetty port services; and involvement in investment activities. The company also offers specialty fats; vegetarian food; agricultural and technical advisory services; management consulting, investment, industrial estate, warehousing, seaport, and e-commerce services; plastic package and bleaching earth; ethanol; molasses and co-generated electricity; grains; and beverages. In addition, it engages in the trading of electricity/power design; undertaking and erection of turnkey projects; owning, chartering, brokering, and management of ships; and operation of finance and treasury centers. Wilmar International Limited was founded in 1991 and is headquartered in Singapore.
www.wilmar-international.com ↗Shares trade at a low 12.8× trailing earnings, easing to 10.8× on forward estimates. Profitability shows a net margin of 2.0% and return on equity of 6.6%. Leverage is high at 5.4× net debt/EBITDA. Revenue grew 3.0% year-on-year. It yields 3.8% in dividends. The mean analyst target of SGD3.85 sits 3.4% above the current price (no rating, 11 analysts).
business model
Wilmar International is one of Asia's largest agribusiness groups, integrated across the edible-oils and grains value chain from origination and processing to branded consumer products. Its operations are heavily weighted to China and India, and it reports in USD-linked commodity flows while listing in SGD.
revenue segments
Its segments are Food Products (consumer packs, medium packs and bulk, including the Shenzhen-listed Yihai Kerry Arawana operations in China with brands like Arawana), Feed and Industrial Products (oilseeds and grains crushing, tropical oils, sugar, oleochemicals), and Plantation and Sugar Milling. China and India are its dominant markets.
key dependencies
It depends on commodity prices (palm oil, soybeans, sugar), crush and refining margins, Chinese and Indian food demand, logistics and its integrated processing footprint, and foreign-exchange movements. Weather and biofuel policy affect feedstock economics.
competitors
Competitors include global agri-traders such as Cargill, ADM, Bunge and Louis Dreyfus, plus regional palm-oil and consumer-staples players like Golden Agri-Resources, IOI and Musim Mas.
moat
Its moat comes from an integrated, large-scale supply chain, extensive processing and distribution infrastructure in China and India, leading consumer brands, and origination reach that support cost and channel advantages.
risks
Risks include commodity-price and crush-margin volatility, softening Chinese consumer demand, currency exposure, working-capital intensity, and ESG/sustainability scrutiny over palm oil.
Financials & metrics
as of 04 Jul 2026Price is closer to the high end of its range. Green = nearer the yearly low, red = nearer the high — a position indicator, not a buy/sell signal.
Tap any metric for an explanation.● provider● computedN/A not available from source
Income-statement history isn't available for this security.
Dividends
This company does not currently pay a dividend.
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.