Recent analysis questions valuation logic behind E2open deal and highlights weakening fundamentals within WiseTech’s core CargoWise platform.
Sydney, Australia – An independent financial analysis has emerged questioning the long-term viability of ASX-listed logistics software provider WiseTech Global (ASX:WTC), citing potential red flags in corporate governance, acquisition strategy, and revenue trajectory.
The comprehensive report, titled “WiseTech Global (WTC) – Negative Investment Outlook Report”, includes a visual breakdown of financial inconsistencies and comparative valuation anomalies, most notably surrounding the recently announced acquisition of U.S.-based E2open.
“Our investigation suggests the acquisition was potentially overpriced when benchmarked against industry medians,” the report notes. “More critically, timing raises questions due to unresolved controversies involving WiseTech leadership.”
Key findings include:
Overvaluation of E2open Acquisition: The deal’s EV/FCF multiple exceeds 27x, more than double the industry average, raising investor concerns over capital misallocation.
Slowing Growth in CargoWise: Once a growth engine, CargoWise’s year-over-year revenue growth has slowed sharply, indicating reduced momentum.
Governance Uncertainty: The report highlights growing unease among institutional investors amid recent public scrutiny and leadership criticism.
While WiseTech has long been praised for its innovation in global supply chain technology, the report warns that “valuation may have outpaced performance,” and encourages shareholders and analysts to seek further transparency from the company.
The full report, complete with financial charts and source analysis, is publicly available and is being circulated among major investor communities and institutional risk monitors.
Media Contact
Company Name: Southern Cross Equity Research Pty Ltd
ABN: 837 541 229 66
Type: Private Company – Independent Investment Research & Advisory
Head Office Address: Level 14, 275 George Street Sydney NSW 2000 Australia
Phone: +61 2 7908 9650
