CUSHMAN & WAKEFIELD LTD (CWK) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:CWK • BMG2717C1064

15.34 USD
+0.08 (+0.52%)
At close: Feb 4, 2026
15.3 USD
-0.04 (-0.26%)
Pre-Market: 2/5/2026, 7:47:17 AM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to CWK. CWK was compared to 62 industry peers in the Real Estate Management & Development industry. While CWK is still in line with the averages on profitability rating, there are concerns on its financial health. CWK is valued quite cheap, while showing a decent growth score. This is a good combination!


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year CWK was profitable.
  • In the past year CWK had a positive cash flow from operations.
  • In multiple years CWK reported negative net income over the last 5 years.
  • Of the past 5 years CWK 4 years had a positive operating cash flow.
CWK Yearly Net Income VS EBIT VS OCF VS FCFCWK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M

1.2 Ratios

  • CWK's Return On Assets of 2.91% is fine compared to the rest of the industry. CWK outperforms 77.42% of its industry peers.
  • With an excellent Return On Equity value of 11.42%, CWK belongs to the best of the industry, outperforming 88.71% of the companies in the same industry.
  • CWK has a Return On Invested Capital of 6.64%. This is amongst the best in the industry. CWK outperforms 83.87% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CWK is in line with the industry average of 5.44%.
  • The 3 year average ROIC (5.38%) for CWK is below the current ROIC(6.64%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.91%
ROE 11.42%
ROIC 6.64%
ROA(3y)1.25%
ROA(5y)0.78%
ROE(3y)5.72%
ROE(5y)2.85%
ROIC(3y)5.38%
ROIC(5y)4.72%
CWK Yearly ROA, ROE, ROICCWK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40 -60

1.3 Margins

  • CWK has a Profit Margin of 2.23%. This is comparable to the rest of the industry: CWK outperforms 59.68% of its industry peers.
  • CWK's Profit Margin has declined in the last couple of years.
  • CWK's Operating Margin of 4.61% is fine compared to the rest of the industry. CWK outperforms 61.29% of its industry peers.
  • In the last couple of years the Operating Margin of CWK has grown nicely.
  • CWK has a Gross Margin of 18.33%. This is comparable to the rest of the industry: CWK outperforms 43.55% of its industry peers.
  • CWK's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 4.61%
PM (TTM) 2.23%
GM 18.33%
OM growth 3Y-11.34%
OM growth 5Y12.08%
PM growth 3Y-19.48%
PM growth 5YN/A
GM growth 3Y-4.01%
GM growth 5Y-2%
CWK Yearly Profit, Operating, Gross MarginsCWK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15 20

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CWK is destroying value.
  • Compared to 1 year ago, CWK has more shares outstanding
  • Compared to 5 years ago, CWK has more shares outstanding
  • Compared to 1 year ago, CWK has an improved debt to assets ratio.
CWK Yearly Shares OutstandingCWK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
CWK Yearly Total Debt VS Total AssetsCWK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • Based on the Altman-Z score of 1.74, we must say that CWK is in the distress zone and has some risk of bankruptcy.
  • With a Altman-Z score value of 1.74, CWK perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • CWK has a debt to FCF ratio of 17.31. This is a negative value and a sign of low solvency as CWK would need 17.31 years to pay back of all of its debts.
  • The Debt to FCF ratio of CWK (17.31) is better than 64.52% of its industry peers.
  • CWK has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 1.39, CWK is not doing good in the industry: 72.58% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF 17.31
Altman-Z 1.74
ROIC/WACC0.77
WACC8.65%
CWK Yearly LT Debt VS Equity VS FCFCWK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 1.07 indicates that CWK should not have too much problems paying its short term obligations.
  • CWK has a worse Current ratio (1.07) than 74.19% of its industry peers.
  • CWK has a Quick Ratio of 1.07. This is a normal value and indicates that CWK is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of CWK (1.07) is worse than 70.97% of its industry peers.
Industry RankSector Rank
Current Ratio 1.07
Quick Ratio 1.07
CWK Yearly Current Assets VS Current LiabilitesCWK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 31.82% over the past year.
  • The earnings per share for CWK have been decreasing by -11.11% on average. This is quite bad
  • CWK shows a small growth in Revenue. In the last year, the Revenue has grown by 6.77%.
  • The Revenue has been growing slightly by 1.54% on average over the past years.
EPS 1Y (TTM)31.82%
EPS 3Y-23.47%
EPS 5Y-11.11%
EPS Q2Q%26.09%
Revenue 1Y (TTM)6.77%
Revenue growth 3Y0.2%
Revenue growth 5Y1.54%
Sales Q2Q%11.16%

3.2 Future

  • Based on estimates for the next years, CWK will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.87% on average per year.
  • CWK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.28% yearly.
EPS Next Y34.64%
EPS Next 2Y26.89%
EPS Next 3Y23.23%
EPS Next 5Y17.87%
Revenue Next Year7.06%
Revenue Next 2Y4.67%
Revenue Next 3Y5.07%
Revenue Next 5Y5.28%

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.
CWK Yearly Revenue VS EstimatesCWK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B
CWK Yearly EPS VS EstimatesCWK Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 1 2 3

9

4. Valuation

4.1 Price/Earnings Ratio

  • CWK is valuated correctly with a Price/Earnings ratio of 13.22.
  • CWK's Price/Earnings ratio is rather cheap when compared to the industry. CWK is cheaper than 83.87% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 28.25. CWK is valued rather cheaply when compared to this.
  • A Price/Forward Earnings ratio of 10.47 indicates a reasonable valuation of CWK.
  • CWK's Price/Forward Earnings ratio is rather cheap when compared to the industry. CWK is cheaper than 93.55% of the companies in the same industry.
  • CWK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.50.
Industry RankSector Rank
PE 13.22
Fwd PE 10.47
CWK Price Earnings VS Forward Price EarningsCWK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CWK is valued cheaper than 87.10% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, CWK is valued cheaper than 80.65% of the companies in the same industry.
Industry RankSector Rank
P/FCF 21.58
EV/EBITDA 10.13
CWK Per share dataCWK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of CWK may justify a higher PE ratio.
  • CWK's earnings are expected to grow with 23.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y26.89%
EPS Next 3Y23.23%

0

5. Dividend

5.1 Amount

  • CWK does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

CUSHMAN & WAKEFIELD LTD

NYSE:CWK (2/4/2026, 8:12:40 PM)

Premarket: 15.3 -0.04 (-0.26%)

15.34

+0.08 (+0.52%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)10-30
Earnings (Next)02-19
Inst Owners97.71%
Inst Owner Change-23.75%
Ins Owners0.5%
Ins Owner Change-0.02%
Market Cap3.55B
Revenue(TTM)10.00B
Net Income(TTM)223.50M
Analysts76
Price Target18.65 (21.58%)
Short Float %3.44%
Short Ratio4.58
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.27%
Min EPS beat(2)2.83%
Max EPS beat(2)35.7%
EPS beat(4)4
Avg EPS beat(4)114.37%
Min EPS beat(4)1.47%
Max EPS beat(4)417.47%
EPS beat(8)8
Avg EPS beat(8)73.22%
EPS beat(12)10
Avg EPS beat(12)41.08%
EPS beat(16)13
Avg EPS beat(16)40.25%
Revenue beat(2)2
Avg Revenue beat(2)6.02%
Min Revenue beat(2)3.45%
Max Revenue beat(2)8.58%
Revenue beat(4)3
Avg Revenue beat(4)2.45%
Min Revenue beat(4)-2.5%
Max Revenue beat(4)8.58%
Revenue beat(8)5
Avg Revenue beat(8)0.78%
Revenue beat(12)6
Avg Revenue beat(12)1.39%
Revenue beat(16)10
Avg Revenue beat(16)13.13%
PT rev (1m)0.69%
PT rev (3m)8.45%
EPS NQ rev (1m)0.75%
EPS NQ rev (3m)-2.01%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.9%
Revenue NQ rev (1m)1.43%
Revenue NQ rev (3m)0.11%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)1.41%
Valuation
Industry RankSector Rank
PE 13.22
Fwd PE 10.47
P/S 0.36
P/FCF 21.58
P/OCF 17.92
P/B 1.81
P/tB N/A
EV/EBITDA 10.13
EPS(TTM)1.16
EY7.56%
EPS(NY)1.47
Fwd EY9.55%
FCF(TTM)0.71
FCFY4.63%
OCF(TTM)0.86
OCFY5.58%
SpS43.19
BVpS8.45
TBVpS-3.29
PEG (NY)0.38
PEG (5Y)N/A
Graham Number14.85
Profitability
Industry RankSector Rank
ROA 2.91%
ROE 11.42%
ROCE 8.89%
ROIC 6.64%
ROICexc 7.57%
ROICexgc 18.81%
OM 4.61%
PM (TTM) 2.23%
GM 18.33%
FCFM 1.65%
ROA(3y)1.25%
ROA(5y)0.78%
ROE(3y)5.72%
ROE(5y)2.85%
ROIC(3y)5.38%
ROIC(5y)4.72%
ROICexc(3y)6.21%
ROICexc(5y)5.47%
ROICexgc(3y)15.83%
ROICexgc(5y)14.37%
ROCE(3y)7.2%
ROCE(5y)6.32%
ROICexgc growth 3Y-12.14%
ROICexgc growth 5Y1.82%
ROICexc growth 3Y-9.46%
ROICexc growth 5Y11.68%
OM growth 3Y-11.34%
OM growth 5Y12.08%
PM growth 3Y-19.48%
PM growth 5YN/A
GM growth 3Y-4.01%
GM growth 5Y-2%
F-Score6
Asset Turnover1.3
Health
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF 17.31
Debt/EBITDA 4.78
Cap/Depr 31.12%
Cap/Sales 0.34%
Interest Coverage 2.03
Cash Conversion 34.82%
Profit Quality 73.65%
Current Ratio 1.07
Quick Ratio 1.07
Altman-Z 1.74
F-Score6
WACC8.65%
ROIC/WACC0.77
Cap/Depr(3y)34.36%
Cap/Depr(5y)29.98%
Cap/Sales(3y)0.49%
Cap/Sales(5y)0.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)31.82%
EPS 3Y-23.47%
EPS 5Y-11.11%
EPS Q2Q%26.09%
EPS Next Y34.64%
EPS Next 2Y26.89%
EPS Next 3Y23.23%
EPS Next 5Y17.87%
Revenue 1Y (TTM)6.77%
Revenue growth 3Y0.2%
Revenue growth 5Y1.54%
Sales Q2Q%11.16%
Revenue Next Year7.06%
Revenue Next 2Y4.67%
Revenue Next 3Y5.07%
Revenue Next 5Y5.28%
EBIT growth 1Y41.65%
EBIT growth 3Y-11.16%
EBIT growth 5Y13.81%
EBIT Next Year55.85%
EBIT Next 3Y24.28%
EBIT Next 5Y16.82%
FCF growth 1Y8.01%
FCF growth 3Y-30.42%
FCF growth 5Y-2.44%
OCF growth 1Y2.48%
OCF growth 3Y-27.66%
OCF growth 5Y-5.03%

CUSHMAN & WAKEFIELD LTD / CWK FAQ

What is the fundamental rating for CWK stock?

ChartMill assigns a fundamental rating of 5 / 10 to CWK.


Can you provide the valuation status for CUSHMAN & WAKEFIELD LTD?

ChartMill assigns a valuation rating of 9 / 10 to CUSHMAN & WAKEFIELD LTD (CWK). This can be considered as Undervalued.


Can you provide the profitability details for CUSHMAN & WAKEFIELD LTD?

CUSHMAN & WAKEFIELD LTD (CWK) has a profitability rating of 6 / 10.


Can you provide the financial health for CWK stock?

The financial health rating of CUSHMAN & WAKEFIELD LTD (CWK) is 3 / 10.


Can you provide the expected EPS growth for CWK stock?

The Earnings per Share (EPS) of CUSHMAN & WAKEFIELD LTD (CWK) is expected to grow by 34.64% in the next year.