WOLVERINE WORLD WIDE INC (WWW) Stock Fundamental Analysis
NYSE:WWW - New York Stock Exchange, Inc. - US9780971035 - Common Stock - Currency: USD
Overall WWW gets a fundamental rating of 4 out of 10. We evaluated WWW against 50 industry peers in the Textiles, Apparel & Luxury Goods industry. While WWW is still in line with the averages on profitability rating, there are concerns on its financial health. WWW has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
WWW had positive earnings in the past year.
In the past year WWW had a positive cash flow from operations.
In multiple years WWW reported negative net income over the last 5 years.
WWW had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
WWW has a Return On Assets (4.23%) which is comparable to the rest of the industry.
The Return On Equity of WWW (22.92%) is better than 80.00% of its industry peers.
With a Return On Invested Capital value of 7.81%, WWW perfoms like the industry average, outperforming 58.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for WWW is significantly below the industry average of 11.09%.
The 3 year average ROIC (4.86%) for WWW is below the current ROIC(7.81%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.23% | ||
| ROE | 22.92% | ||
| ROIC | 7.81% |
ROA(3y)-2.24%
ROA(5y)-2.11%
ROE(3y)-19.36%
ROE(5y)-14.37%
ROIC(3y)4.86%
ROIC(5y)5.01%
1.3 Margins
With a Profit Margin value of 4.02%, WWW perfoms like the industry average, outperforming 58.00% of the companies in the same industry.
In the last couple of years the Profit Margin of WWW has declined.
WWW has a Operating Margin of 6.69%. This is comparable to the rest of the industry: WWW outperforms 48.00% of its industry peers.
WWW's Operating Margin has declined in the last couple of years.
WWW's Gross Margin of 44.85% is on the low side compared to the rest of the industry. WWW is outperformed by 60.00% of its industry peers.
In the last couple of years the Gross Margin of WWW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.69% | ||
| PM (TTM) | 4.02% | ||
| GM | 44.85% |
OM growth 3Y-3.46%
OM growth 5Y-5.06%
PM growth 3Y-1.91%
PM growth 5Y-13.78%
GM growth 3Y1.45%
GM growth 5Y1.85%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WWW is destroying value.
WWW has more shares outstanding than it did 1 year ago.
WWW has less shares outstanding than it did 5 years ago.
The debt/assets ratio for WWW has been reduced compared to a year ago.
2.2 Solvency
WWW has an Altman-Z score of 2.90. This is not the best score and indicates that WWW is in the grey zone with still only limited risk for bankruptcy at the moment.
WWW has a Altman-Z score (2.90) which is in line with its industry peers.
The Debt to FCF ratio of WWW is 6.42, which is on the high side as it means it would take WWW, 6.42 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of WWW (6.42) is comparable to the rest of the industry.
WWW has a Debt/Equity ratio of 2.26. This is a high value indicating a heavy dependency on external financing.
WWW has a Debt to Equity ratio of 2.26. This is amonst the worse of the industry: WWW underperforms 82.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.26 | ||
| Debt/FCF | 6.42 | ||
| Altman-Z | 2.9 |
ROIC/WACC0.89
WACC8.81%
2.3 Liquidity
WWW has a Current Ratio of 1.26. This is a normal value and indicates that WWW is financially healthy and should not expect problems in meeting its short term obligations.
WWW has a Current ratio of 1.26. This is amonst the worse of the industry: WWW underperforms 82.00% of its industry peers.
WWW has a Quick Ratio of 1.26. This is a bad value and indicates that WWW is not financially healthy enough and could expect problems in meeting its short term obligations.
WWW has a Quick ratio of 0.77. This is in the lower half of the industry: WWW underperforms 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
WWW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10300.00%, which is quite impressive.
The earnings per share for WWW have been decreasing by -16.78% on average. This is quite bad
WWW shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.05%.
Measured over the past years, WWW shows a decrease in Revenue. The Revenue has been decreasing by -5.05% on average per year.
EPS 1Y (TTM)10300%
EPS 3Y-24.33%
EPS 5Y-16.78%
EPS Q2Q%260%
Revenue 1Y (TTM)-13.05%
Revenue growth 3Y-10.09%
Revenue growth 5Y-5.05%
Sales Q2Q%4.41%
3.2 Future
The Earnings Per Share is expected to grow by 27.94% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 5.47% on average over the next years.
EPS Next Y23.42%
EPS Next 2Y23.89%
EPS Next 3Y27.94%
EPS Next 5YN/A
Revenue Next Year4.66%
Revenue Next 2Y5.07%
Revenue Next 3Y5.47%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.74, WWW is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as WWW.
WWW's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.61.
A Price/Forward Earnings ratio of 16.19 indicates a correct valuation of WWW.
WWW's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of WWW to the average of the S&P500 Index (37.13), we can say WWW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.74 | ||
| Fwd PE | 16.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WWW is valued a bit more expensive than 64.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, WWW is valued a bit cheaper than the industry average as 66.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.54 | ||
| EV/EBITDA | 16.2 |
4.3 Compensation for Growth
WWW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WWW's earnings are expected to grow with 27.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.93
PEG (5Y)N/A
EPS Next 2Y23.89%
EPS Next 3Y27.94%
5. Dividend
5.1 Amount
WWW has a Yearly Dividend Yield of 1.72%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.66, WWW pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.32, WWW is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.72% |
5.2 History
On average, the dividend of WWW grows each year by 11.30%, which is quite nice.
WWW has been paying a dividend for at least 10 years, so it has a reliable track record.
WWW has decreased its dividend recently.
Dividend Growth(5Y)11.3%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
WWW pays out 46.21% of its income as dividend. This is a bit on the high side, but may be sustainable.
WWW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP46.21%
EPS Next 2Y23.89%
EPS Next 3Y27.94%
NYSE:WWW (7/31/2025, 2:25:02 PM)
22.61
-0.33 (-1.44%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners107.61%
Inst Owner Change0.13%
Ins Owners1.11%
Ins Owner Change4.73%
Market Cap1.83B
Analysts82.86
Price Target21.19 (-6.28%)
Short Float %11.55%
Short Ratio6.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.72% |
Yearly Dividend0.41
Dividend Growth(5Y)11.3%
DP46.21%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)32.71%
Min EPS beat(2)-0.37%
Max EPS beat(2)65.78%
EPS beat(4)3
Avg EPS beat(4)30.98%
Min EPS beat(4)-0.37%
Max EPS beat(4)65.78%
EPS beat(8)4
Avg EPS beat(8)109.59%
EPS beat(12)7
Avg EPS beat(12)146.67%
EPS beat(16)11
Avg EPS beat(16)112.36%
Revenue beat(2)2
Avg Revenue beat(2)1.89%
Min Revenue beat(2)0.61%
Max Revenue beat(2)3.17%
Revenue beat(4)4
Avg Revenue beat(4)2.4%
Min Revenue beat(4)0.61%
Max Revenue beat(4)3.42%
Revenue beat(8)8
Avg Revenue beat(8)2.4%
Revenue beat(12)9
Avg Revenue beat(12)1.11%
Revenue beat(16)12
Avg Revenue beat(16)1.24%
PT rev (1m)0%
PT rev (3m)8.09%
EPS NQ rev (1m)0.39%
EPS NQ rev (3m)-10.44%
EPS NY rev (1m)0%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)0.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.74 | ||
| Fwd PE | 16.19 | ||
| P/S | 1.03 | ||
| P/FCF | 16.54 | ||
| P/OCF | 13.73 | ||
| P/B | 5.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.2 |
EPS(TTM)1.04
EY4.6%
EPS(NY)1.4
Fwd EY6.18%
FCF(TTM)1.37
FCFY6.05%
OCF(TTM)1.65
OCFY7.29%
SpS21.87
BVpS3.83
TBVpS-3.99
PEG (NY)0.93
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.23% | ||
| ROE | 22.92% | ||
| ROCE | 10.46% | ||
| ROIC | 7.81% | ||
| ROICexc | 8.53% | ||
| ROICexgc | 18.76% | ||
| OM | 6.69% | ||
| PM (TTM) | 4.02% | ||
| GM | 44.85% | ||
| FCFM | 6.25% |
ROA(3y)-2.24%
ROA(5y)-2.11%
ROE(3y)-19.36%
ROE(5y)-14.37%
ROIC(3y)4.86%
ROIC(5y)5.01%
ROICexc(3y)5.42%
ROICexc(5y)5.66%
ROICexgc(3y)12.05%
ROICexgc(5y)14.97%
ROCE(3y)6.88%
ROCE(5y)6.81%
ROICexcg growth 3Y-5.91%
ROICexcg growth 5Y1.04%
ROICexc growth 3Y5.46%
ROICexc growth 5Y1.13%
OM growth 3Y-3.46%
OM growth 5Y-5.06%
PM growth 3Y-1.91%
PM growth 5Y-13.78%
GM growth 3Y1.45%
GM growth 5Y1.85%
F-Score6
Asset Turnover1.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.26 | ||
| Debt/FCF | 6.42 | ||
| Debt/EBITDA | 4.88 | ||
| Cap/Depr | 90.08% | ||
| Cap/Sales | 1.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.9% | ||
| Profit Quality | 155.62% | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 2.9 |
F-Score6
WACC8.81%
ROIC/WACC0.89
Cap/Depr(3y)74.73%
Cap/Depr(5y)61.72%
Cap/Sales(3y)1.05%
Cap/Sales(5y)0.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10300%
EPS 3Y-24.33%
EPS 5Y-16.78%
EPS Q2Q%260%
EPS Next Y23.42%
EPS Next 2Y23.89%
EPS Next 3Y27.94%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.05%
Revenue growth 3Y-10.09%
Revenue growth 5Y-5.05%
Sales Q2Q%4.41%
Revenue Next Year4.66%
Revenue Next 2Y5.07%
Revenue Next 3Y5.47%
Revenue Next 5YN/A
EBIT growth 1Y2533.33%
EBIT growth 3Y-13.21%
EBIT growth 5Y-9.85%
EBIT Next Year34.61%
EBIT Next 3Y27.21%
EBIT Next 5YN/A
FCF growth 1Y150.25%
FCF growth 3Y32.2%
FCF growth 5Y-3.21%
OCF growth 1Y172.48%
OCF growth 3Y27.55%
OCF growth 5Y-4.15%