Wesfarmers Ltd

WES: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$85.20	Fnl	Ngyymvmr

Wesfarmers’ Diversified Portfolio Delivers Solid EPS Growth, With Strengths Offsetting Weaknesses

Johannes Faul

Feb 15, 2023

We increase our fair value estimate on wide-moat Wesfarmers by 2% to AUD 42 following first-half fiscal 2023 results, driven by the time value of money. Our earnings estimates are virtually unchanged.

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