WOLVERINE WORLD WIDE INC (WWW)
US9780971035 - Common Stock
Overall WWW gets a fundamental rating of 3 out of 10. We evaluated WWW against 51 industry peers in the Textiles, Apparel & Luxury Goods industry. WWW has a bad profitability rating. Also its financial health evaluation is rather negative. WWW has a valuation in line with the averages, but it does not seem to be growing. Finally WWW also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WWW had negative earnings in the past year.
WWW had a positive operating cash flow in the past year.
In multiple years WWW reported negative net income over the last 5 years.
Of the past 5 years WWW 4 years had a positive operating cash flow.
1.2 Ratios
WWW has a worse Return On Assets (-4.60%) than 68.00% of its industry peers.
WWW's Return On Equity of -31.55% is on the low side compared to the rest of the industry. WWW is outperformed by 74.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.6% | ||
| ROE | -31.55% | ||
| ROIC | N/A |
ROA(3y)-2.3%
ROA(5y)-1.65%
ROE(3y)-20.8%
ROE(5y)-14.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Operating Margin of WWW has declined.
WWW has a Gross Margin of 41.24%. This is in the lower half of the industry: WWW underperforms 66.00% of its industry peers.
WWW's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for WWW so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 41.24% |
OM growth 3Y-36.96%
OM growth 5Y-36.19%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.79%
GM growth 5Y-1.12%
2. Health
2.1 Basic Checks
WWW does not have a ROIC to compare to the WACC, probably because it is not profitable.
WWW has more shares outstanding than it did 1 year ago.
WWW has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, WWW has an improved debt to assets ratio.
2.2 Solvency
WWW has an Altman-Z score of 2.18. 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.
The Altman-Z score of WWW (2.18) is worse than 66.00% of its industry peers.
WWW has a debt to FCF ratio of 14.32. This is a negative value and a sign of low solvency as WWW would need 14.32 years to pay back of all of its debts.
WWW has a Debt to FCF ratio of 14.32. This is in the lower half of the industry: WWW underperforms 68.00% of its industry peers.
A Debt/Equity ratio of 3.07 is on the high side and indicates that WWW has dependencies on debt financing.
The Debt to Equity ratio of WWW (3.07) is worse than 92.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 14.32 | ||
| Altman-Z | 2.18 |
ROIC/WACCN/A
WACC7.8%
2.3 Liquidity
A Current Ratio of 1.19 indicates that WWW should not have too much problems paying its short term obligations.
WWW's Current ratio of 1.19 is on the low side compared to the rest of the industry. WWW is outperformed by 86.00% of its industry peers.
A Quick Ratio of 0.74 indicates that WWW may have some problems paying its short term obligations.
WWW's Quick ratio of 0.74 is on the low side compared to the rest of the industry. WWW is outperformed by 82.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.19 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
WWW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -101.86%.
The earnings per share for WWW have been decreasing by -53.00% on average. This is quite bad
The Revenue for WWW has decreased by -26.34% in the past year. This is quite bad
WWW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.03% yearly.
EPS 1Y (TTM)-101.86%
EPS 3Y-62.26%
EPS 5Y-53%
EPS Q2Q%-21.05%
Revenue 1Y (TTM)-26.34%
Revenue growth 3Y7.79%
Revenue growth 5Y0.03%
Sales Q2Q%-27.82%
3.2 Future
The Earnings Per Share is expected to grow by 225.46% on average over the next years. This is a very strong growth
Based on estimates for the next years, WWW will show a decrease in Revenue. The Revenue will decrease by -4.29% on average per year.
EPS Next Y1594.98%
EPS Next 2Y404%
EPS Next 3Y225.46%
EPS Next 5YN/A
Revenue Next Year-21.45%
Revenue Next 2Y-8.72%
Revenue Next 3Y-4.29%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for WWW. In the last year negative earnings were reported.
WWW is valuated reasonably with a Price/Forward Earnings ratio of 11.58.
Based on the Price/Forward Earnings ratio, WWW is valued a bit cheaper than 78.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of WWW to the average of the S&P500 Index (21.99), we can say WWW is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.58 |
4.2 Price Multiples
74.00% of the companies in the same industry are cheaper than WWW, based on the Enterprise Value to EBITDA ratio.
60.00% of the companies in the same industry are cheaper than WWW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.68 | ||
| EV/EBITDA | 252.87 |
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.
A more expensive valuation may be justified as WWW's earnings are expected to grow with 225.46% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y404%
EPS Next 3Y225.46%
5. Dividend
5.1 Amount
WWW has a Yearly Dividend Yield of 2.95%.
WWW's Dividend Yield is rather good when compared to the industry average which is at 2.97. WWW pays more dividend than 86.00% of the companies in the same industry.
WWW's Dividend Yield is a higher than the S&P500 average which is at 2.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
5.2 History
On average, the dividend of WWW grows each year by 11.07%, which is quite nice.
WWW has paid a dividend for at least 10 years, which is a reliable track record.
WWW has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.07%
Div Incr Years0
Div Non Decr Years33
5.3 Sustainability
WWW has negative earnings and hence a negative payout ratio. The dividend may be in danger.
WWW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-39.18%
EPS Next 2Y404%
EPS Next 3Y225.46%
WOLVERINE WORLD WIDE INC
NYSE:WWW (9/13/2024, 8:04:00 PM)
After market: 14.56 -0.15 (-1.02%)14.71
+1.13 (+8.32%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.18B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.58 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.6% | ||
| ROE | -31.55% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 41.24% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.19 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-101.86%
EPS 3Y-62.26%
EPS 5Y
EPS Q2Q%
EPS Next Y1594.98%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-26.34%
Revenue growth 3Y7.79%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y