WALMART INC (WMT.DE) Fundamental Analysis & Valuation

FRA:WMT • US9311421039

105.94 EUR
+0.6 (+0.57%)
Last: Mar 6, 2026, 10:30 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This WMT.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Taking everything into account, WMT scores 5 out of 10 in our fundamental rating. WMT was compared to 25 industry peers in the Consumer Staples Distribution & Retail industry. While WMT belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. WMT is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. WMT.DE Profitability Analysis

1.1 Basic Checks

  • WMT had positive earnings in the past year.
  • WMT had a positive operating cash flow in the past year.
  • WMT had positive earnings in each of the past 5 years.
  • In the past 5 years WMT always reported a positive cash flow from operatings.
WMT.DE Yearly Net Income VS EBIT VS OCF VS FCFWMT.DE 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 2025 2026 10B 20B 30B 40B

1.2 Ratios

  • The Return On Assets of WMT (7.69%) is better than 92.00% of its industry peers.
  • Looking at the Return On Equity, with a value of 21.98%, WMT belongs to the top of the industry, outperforming 92.00% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 12.35%, WMT belongs to the top of the industry, outperforming 84.00% of the companies in the same industry.
  • WMT had an Average Return On Invested Capital over the past 3 years of 12.82%. This is above the industry average of 9.11%.
Industry RankSector Rank
ROA 7.69%
ROE 21.98%
ROIC 12.35%
ROA(3y)7.1%
ROA(5y)6.33%
ROE(3y)20.61%
ROE(5y)18.7%
ROIC(3y)12.82%
ROIC(5y)12.9%
WMT.DE Yearly ROA, ROE, ROICWMT.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 5 10 15 20

1.3 Margins

  • With an excellent Profit Margin value of 3.07%, WMT belongs to the best of the industry, outperforming 92.00% of the companies in the same industry.
  • WMT's Profit Margin has improved in the last couple of years.
  • WMT has a Operating Margin of 4.18%. This is in the better half of the industry: WMT outperforms 80.00% of its industry peers.
  • In the last couple of years the Operating Margin of WMT has declined.
  • WMT has a Gross Margin of 24.93%. This is comparable to the rest of the industry: WMT outperforms 52.00% of its industry peers.
  • In the last couple of years the Gross Margin of WMT has remained more or less at the same level.
Industry RankSector Rank
OM 4.18%
PM (TTM) 3.07%
GM 24.93%
OM growth 3Y1.39%
OM growth 5Y-2.8%
PM growth 3Y17.12%
PM growth 5Y4.91%
GM growth 3Y1.07%
GM growth 5Y0.08%
WMT.DE Yearly Profit, Operating, Gross MarginsWMT.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 5 10 15 20 25

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5

2. WMT.DE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WMT is still creating some value.
  • WMT has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for WMT has been reduced compared to 5 years ago.
  • The debt/assets ratio for WMT is higher compared to a year ago.
WMT.DE Yearly Shares OutstandingWMT.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2B 4B 6B 8B
WMT.DE Yearly Total Debt VS Total AssetsWMT.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50B 100B 150B 200B 250B

2.2 Solvency

  • An Altman-Z score of 6.43 indicates that WMT is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 6.43, WMT belongs to the top of the industry, outperforming 96.00% of the companies in the same industry.
  • WMT has a debt to FCF ratio of 3.45. This is a good value and a sign of high solvency as WMT would need 3.45 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.45, WMT is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.47 indicates that WMT is not too dependend on debt financing.
  • WMT has a better Debt to Equity ratio (0.47) than 88.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 3.45
Altman-Z 6.43
ROIC/WACC1.46
WACC8.46%
WMT.DE Yearly LT Debt VS Equity VS FCFWMT.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20B 40B 60B 80B

2.3 Liquidity

  • WMT has a Current Ratio of 0.79. This is a bad value and indicates that WMT is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.79, WMT is not doing good in the industry: 64.00% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.24 indicates that WMT may have some problems paying its short term obligations.
  • The Quick ratio of WMT (0.24) is worse than 84.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.79
Quick Ratio 0.24
WMT.DE Yearly Current Assets VS Current LiabilitesWMT.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20B 40B 60B 80B 100B

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4

3. WMT.DE Growth Analysis

3.1 Past

  • WMT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.58%.
  • WMT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.49% yearly.
  • The Revenue has been growing slightly by 4.73% in the past year.
  • WMT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.99% yearly.
EPS 1Y (TTM)5.58%
EPS 3Y8.18%
EPS 5Y7.49%
EPS Q2Q%12.12%
Revenue 1Y (TTM)4.73%
Revenue growth 3Y5.27%
Revenue growth 5Y4.99%
Sales Q2Q%5.6%

3.2 Future

  • Based on estimates for the next years, WMT will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.04% on average per year.
  • Based on estimates for the next years, WMT will show a small growth in Revenue. The Revenue will grow by 5.04% on average per year.
EPS Next Y13.09%
EPS Next 2Y12.46%
EPS Next 3Y12.02%
EPS Next 5Y9.04%
Revenue Next Year4.93%
Revenue Next 2Y4.83%
Revenue Next 3Y5.13%
Revenue Next 5Y5.04%

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 stable.
WMT.DE Yearly Revenue VS EstimatesWMT.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 200B 400B 600B 800B 1T
WMT.DE Yearly EPS VS EstimatesWMT.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3 4 5

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1

4. WMT.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 46.46 indicates a quite expensive valuation of WMT.
  • Based on the Price/Earnings ratio, WMT is valued a bit more expensive than the industry average as 68.00% of the companies are valued more cheaply.
  • WMT is valuated expensively when we compare the Price/Earnings ratio to 26.74, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 41.07, WMT can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of WMT indicates a slightly more expensive valuation: WMT is more expensive than 76.00% of the companies listed in the same industry.
  • WMT is valuated expensively when we compare the Price/Forward Earnings ratio to 24.82, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 46.46
Fwd PE 41.07
WMT.DE Price Earnings VS Forward Price EarningsWMT.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 72.00% of the companies in the same industry are cheaper than WMT, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, WMT is valued expensively inside the industry as 80.00% of the companies are valued cheaper.
Industry RankSector Rank
P/FCF 65.74
EV/EBITDA 22.93
WMT.DE Per share dataWMT.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The decent profitability rating of WMT may justify a higher PE ratio.
  • A more expensive valuation may be justified as WMT's earnings are expected to grow with 12.02% in the coming years.
PEG (NY)3.55
PEG (5Y)6.2
EPS Next 2Y12.46%
EPS Next 3Y12.02%

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3

5. WMT.DE Dividend Analysis

5.1 Amount

  • WMT has a yearly dividend return of 0.79%, which is pretty low.
  • Compared to an average industry Dividend Yield of 2.67, WMT is paying slightly less dividend.
  • Compared to an average S&P500 Dividend Yield of 1.82, WMT's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.79%

5.2 History

  • The dividend of WMT has a limited annual growth rate of 5.41%.
Dividend Growth(5Y)5.41%
Div Incr Years1
Div Non Decr Years1
WMT.DE Yearly Dividends per shareWMT.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • 34.29% of the earnings are spent on dividend by WMT. This is a low number and sustainable payout ratio.
  • The dividend of WMT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP34.29%
EPS Next 2Y12.46%
EPS Next 3Y12.02%
WMT.DE Yearly Income VS Free CF VS DividendWMT.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 5B 10B 15B 20B 25B
WMT.DE Dividend Payout.WMT.DE Dividend Payout, showing the Payout Ratio.WMT.DE Dividend Payout.PayoutRetained Earnings

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WMT.DE Fundamentals: All Metrics, Ratios and Statistics

WALMART INC

FRA:WMT (3/6/2026, 10:30:09 AM)

105.94

+0.6 (+0.57%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)02-19
Earnings (Next)05-13
Inst Owners36.56%
Inst Owner ChangeN/A
Ins Owners0.34%
Ins Owner ChangeN/A
Market Cap844.36B
Revenue(TTM)713.16B
Net Income(TTM)21.89B
Analysts84.49
Price Target115.4 (8.93%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.79%
Yearly Dividend0.8
Dividend Growth(5Y)5.41%
DP34.29%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.54%
Min EPS beat(2)0.91%
Max EPS beat(2)2.17%
EPS beat(4)3
Avg EPS beat(4)-0.3%
Min EPS beat(4)-9.16%
Max EPS beat(4)4.88%
EPS beat(8)7
Avg EPS beat(8)3.05%
EPS beat(12)10
Avg EPS beat(12)4.1%
EPS beat(16)13
Avg EPS beat(16)4.29%
Revenue beat(2)1
Avg Revenue beat(2)-0.35%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)0.16%
Revenue beat(4)1
Avg Revenue beat(4)-0.55%
Min Revenue beat(4)-1.18%
Max Revenue beat(4)0.16%
Revenue beat(8)3
Avg Revenue beat(8)-0.38%
Revenue beat(12)5
Avg Revenue beat(12)-0.13%
Revenue beat(16)9
Avg Revenue beat(16)0.23%
PT rev (1m)8.3%
PT rev (3m)17.25%
EPS NQ rev (1m)-1.91%
EPS NQ rev (3m)-2.41%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)1.21%
Revenue NQ rev (1m)0.58%
Revenue NQ rev (3m)0.32%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.72%
Valuation
Industry RankSector Rank
PE 46.46
Fwd PE 41.07
P/S 1.38
P/FCF 65.74
P/OCF 23.6
P/B 9.85
P/tB 13.84
EV/EBITDA 22.93
EPS(TTM)2.28
EY2.15%
EPS(NY)2.58
Fwd EY2.43%
FCF(TTM)1.61
FCFY1.52%
OCF(TTM)4.49
OCFY4.24%
SpS77.02
BVpS10.76
TBVpS7.65
PEG (NY)3.55
PEG (5Y)6.2
Graham Number23.49
Profitability
Industry RankSector Rank
ROA 7.69%
ROE 21.98%
ROCE 16.83%
ROIC 12.35%
ROICexc 13.11%
ROICexgc 15.72%
OM 4.18%
PM (TTM) 3.07%
GM 24.93%
FCFM 2.09%
ROA(3y)7.1%
ROA(5y)6.33%
ROE(3y)20.61%
ROE(5y)18.7%
ROIC(3y)12.82%
ROIC(5y)12.9%
ROICexc(3y)13.61%
ROICexc(5y)13.81%
ROICexgc(3y)16.77%
ROICexgc(5y)17.12%
ROCE(3y)17.19%
ROCE(5y)17.18%
ROICexgc growth 3Y-1.17%
ROICexgc growth 5Y-2.76%
ROICexc growth 3Y0.1%
ROICexc growth 5Y-1.86%
OM growth 3Y1.39%
OM growth 5Y-2.8%
PM growth 3Y17.12%
PM growth 5Y4.91%
GM growth 3Y1.07%
GM growth 5Y0.08%
F-Score7
Asset Turnover2.51
Health
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 3.45
Debt/EBITDA 1.07
Cap/Depr 187.58%
Cap/Sales 3.74%
Interest Coverage 250
Cash Conversion 94.41%
Profit Quality 68.16%
Current Ratio 0.79
Quick Ratio 0.24
Altman-Z 6.43
F-Score7
WACC8.46%
ROIC/WACC1.46
Cap/Depr(3y)181.58%
Cap/Depr(5y)164.35%
Cap/Sales(3y)3.47%
Cap/Sales(5y)3.09%
Profit Quality(3y)76.93%
Profit Quality(5y)85.58%
High Growth Momentum
Growth
EPS 1Y (TTM)5.58%
EPS 3Y8.18%
EPS 5Y7.49%
EPS Q2Q%12.12%
EPS Next Y13.09%
EPS Next 2Y12.46%
EPS Next 3Y12.02%
EPS Next 5Y9.04%
Revenue 1Y (TTM)4.73%
Revenue growth 3Y5.27%
Revenue growth 5Y4.99%
Sales Q2Q%5.6%
Revenue Next Year4.93%
Revenue Next 2Y4.83%
Revenue Next 3Y5.13%
Revenue Next 5Y5.04%
EBIT growth 1Y1.63%
EBIT growth 3Y6.73%
EBIT growth 5Y2.05%
EBIT Next Year59.42%
EBIT Next 3Y23.97%
EBIT Next 5Y17.19%
FCF growth 1Y17.88%
FCF growth 3Y7.58%
FCF growth 5Y-10.38%
OCF growth 1Y14.05%
OCF growth 3Y12.96%
OCF growth 5Y2.87%

WALMART INC / WMT.DE FAQ

What is the fundamental rating for WMT stock?

ChartMill assigns a fundamental rating of 5 / 10 to WMT.DE.


What is the valuation status of WALMART INC (WMT.DE) stock?

ChartMill assigns a valuation rating of 1 / 10 to WALMART INC (WMT.DE). This can be considered as Overvalued.


What is the profitability of WMT stock?

WALMART INC (WMT.DE) has a profitability rating of 7 / 10.


How financially healthy is WALMART INC?

The financial health rating of WALMART INC (WMT.DE) is 5 / 10.


What is the expected EPS growth for WALMART INC (WMT.DE) stock?

The Earnings per Share (EPS) of WALMART INC (WMT.DE) is expected to grow by 13.09% in the next year.