WOLVERINE WORLD WIDE INC (WWW)
US9780971035 - Common Stock
WWW gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 50 industry peers in the Textiles, Apparel & Luxury Goods industry. WWW may be in some trouble as it scores bad on both profitability and health. WWW is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
WWW had positive earnings in the past year.
WWW had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: WWW reported negative net income in multiple years.
WWW had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
WWW has a Return On Assets of -3.88%. This is in the lower half of the industry: WWW underperforms 66.00% of its industry peers.
With a Return On Equity value of -23.71%, WWW is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.88% | ||
| ROE | -23.71% | ||
| 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's Gross Margin of 42.35% is on the low side compared to the rest of the industry. WWW is outperformed by 64.00% 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 | 42.35% |
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.
Compared to 1 year ago, WWW has more shares outstanding
Compared to 5 years ago, WWW has less shares outstanding
WWW has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.53 indicates that WWW is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.53, WWW is doing worse than 60.00% of the companies in the same industry.
WWW has a debt to FCF ratio of 3.44. This is a good value and a sign of high solvency as WWW would need 3.44 years to pay back of all of its debts.
WWW has a Debt to FCF ratio (3.44) which is in line with its industry peers.
WWW has a Debt/Equity ratio of 2.40. This is a high value indicating a heavy dependency on external financing.
WWW has a worse Debt to Equity ratio (2.40) than 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.4 | ||
| Debt/FCF | 3.44 | ||
| Altman-Z | 2.53 |
ROIC/WACCN/A
WACC8.38%
2.3 Liquidity
WWW has a Current Ratio of 1.23. 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 1.23. This is amonst the worse of the industry: WWW underperforms 90.00% of its industry peers.
A Quick Ratio of 0.77 indicates that WWW may have some problems paying its short term obligations.
With a Quick ratio value of 0.77, WWW is not doing good in the industry: 82.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
WWW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -84.17%.
WWW shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -53.00% yearly.
WWW shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -24.95%.
Measured over the past years, WWW shows a small growth in Revenue. The Revenue has been growing by 0.03% on average per year.
EPS 1Y (TTM)-84.17%
EPS 3Y-62.26%
EPS 5Y-53%
EPS Q2Q%314.29%
Revenue 1Y (TTM)-24.95%
Revenue growth 3Y7.79%
Revenue growth 5Y0.03%
Sales Q2Q%-15.26%
3.2 Future
WWW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 229.23% yearly.
Based on estimates for the next years, WWW will show a decrease in Revenue. The Revenue will decrease by -4.22% on average per year.
EPS Next Y1594.98%
EPS Next 2Y409.68%
EPS Next 3Y229.23%
EPS Next 5YN/A
Revenue Next Year-21.22%
Revenue Next 2Y-8.57%
Revenue Next 3Y-4.22%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 123.16 indicates a quite expensive valuation of WWW.
WWW's Price/Earnings ratio is a bit more expensive when compared to the industry. WWW is more expensive than 70.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of WWW to the average of the S&P500 Index (29.20), we can say WWW is valued expensively.
With a Price/Forward Earnings ratio of 18.02, WWW is valued on the expensive side.
WWW's Price/Forward Earnings ratio is in line with the industry average.
WWW's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 123.16 | ||
| Fwd PE | 18.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WWW indicates a slightly more expensive valuation: WWW is more expensive than 74.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, WWW is valued a bit cheaper than 76.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.17 | ||
| EV/EBITDA | 114.35 |
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.
WWW's earnings are expected to grow with 229.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y409.68%
EPS Next 3Y229.23%
5. Dividend
5.1 Amount
WWW has a Yearly Dividend Yield of 1.75%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.96, WWW pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.21, WWW is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
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
The earnings of WWW are negative and hence is the payout ratio. WWW will probably not be able to sustain this dividend level.
WWW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-47.58%
EPS Next 2Y409.68%
EPS Next 3Y229.23%
WOLVERINE WORLD WIDE INC
NYSE:WWW (11/22/2024, 8:13:53 PM)
After market: 23.4 0 (0%)23.4
+0.52 (+2.27%)
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 Cap1.87B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
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(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
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 | 123.16 | ||
| Fwd PE | 18.02 | ||
| 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)0.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.88% | ||
| ROE | -23.71% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 42.35% | ||
| 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 Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.4 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.77 | ||
| 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)-84.17%
EPS 3Y-62.26%
EPS 5Y
EPS Q2Q%
EPS Next Y1594.98%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-24.95%
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