(WINA) Winmark - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9742501029

Stock: Franchise, Resale, Leasing, Retail, E-Commerce

Total Rating 61
Risk 97
Buy Signal 0.13

EPS (Earnings per Share)

EPS (Earnings per Share) of WINA over the last years for every Quarter: "2020-12": 2.09, "2021-03": 2.4, "2021-06": 2.33, "2021-09": 2.67, "2021-12": 3.09, "2022-03": 2.65, "2022-06": 2.54, "2022-09": 2.93, "2022-12": 2.86, "2023-03": 2.49, "2023-06": 2.8527, "2023-09": 3.0516, "2023-12": 2.6408, "2024-03": 2.4087, "2024-06": 2.85, "2024-09": 3.03, "2024-12": 2.6041, "2025-03": 2.71, "2025-06": 2.8861, "2025-09": 3.02, "2025-12": 0,

Revenue

Revenue of WINA over the last years for every Quarter: 2020-12: 16.7953, 2021-03: 18.6589, 2021-06: 19.0296, 2021-09: 20.1534, 2021-12: 20.3743, 2022-03: 20.0498, 2022-06: 19.0708, 2022-09: 21.1645, 2022-12: 21.1257, 2023-03: 20.5236, 2023-06: 20.3622, 2023-09: 22.3178, 2023-12: 20.0399, 2024-03: 20.1095, 2024-06: 20.1205, 2024-09: 21.5109, 2024-12: 19.5481, 2025-03: 21.9197, 2025-06: 20.4168, 2025-09: 22.6329, 2025-12: null,

Dividends

Dividend Yield 0.93%
Yield on Cost 5y 2.86%
Yield CAGR 5y -19.72%
Payout Consistency 74.8%
Payout Ratio 44.6%
Risk 5d forecast
Volatility 33.1%
Relative Tail Risk 0.65%
Reward TTM
Sharpe Ratio 0.57
Alpha 8.77
Character TTM
Beta 0.534
Beta Downside 0.260
Drawdowns 3y
Max DD 30.02%
CAGR/Max DD 0.65

Description: WINA Winmark January 16, 2026

Winmark Corporation (NASDAQ: WINA) is a franchisor that licenses a portfolio of resale-focused retail concepts across the United States and Canada, ranging from teenage-fashion outlets to children’s-goods stores, sporting-goods shops, and musical-instrument boutiques.

Its primary brands include Plato’s Closet (used teen apparel), Once Upon a Child (children’s clothing and gear), Play It Again Sports (new and used sporting equipment), Style Encore (women’s fashion), and Music Go Round (musical instruments). The company also runs a middle-market equipment-leasing unit (Winmark Capital) and an e-commerce platform that aggregates online sales for its franchisees.

Key operating metrics (FY 2023) show revenue of roughly $418 million, with franchise-fee revenue contributing about 30 % of total sales and an adjusted EBITDA margin near 12 %. Same-store sales grew ~6 % year-over-year, reflecting strong consumer demand for cost-effective secondhand goods amid persistent inflation pressures.

Sector-level drivers that underpin Winmark’s outlook include the expanding global resale market (projected CAGR ≈ 12 % through 2028) and a macro-trend toward “value-seeking” consumption, especially among younger demographics who prioritize sustainability and price sensitivity.

For a deeper, data-driven valuation framework, you might explore the Winmark profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 41.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.83 > 0.02 and ΔFCF/TA 1.56 > 1.0
NWC/Revenue: 42.40% < 20% (prev 36.63%; Δ 5.77% < -1%)
CFO/TA 0.83 > 3% & CFO 44.8m > Net Income 41.3m
Net Debt (22.8m) to EBITDA (56.3m): 0.41 < 3
Current Ratio: 5.95 > 1.5 & < 3
Outstanding Shares: last quarter (3.69m) vs 12m ago 0.60% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 159.9% > 50% (prev 157.4%; Δ 2.50% > 0%)
Interest Coverage Ratio: 21.90 > 6 (EBITDA TTM 56.3m / Interest Expense TTM 2.53m)

Altman Z'' 8.39

A: 0.67 (Total Current Assets 43.1m - Total Current Liabilities 7.23m) / Total Assets 53.7m
B: -0.82 (Retained Earnings -44.1m / Total Assets 53.7m)
C: 1.05 (EBIT TTM 55.4m / Avg Total Assets 52.8m)
D: -0.33 (Book Value of Equity -26.3m / Total Liabilities 80.1m)
Altman-Z'' Score: 8.39 = AAA

Beneish M -3.11

DSRI: 1.00 (Receivables 1.66m/1.60m, Revenue 84.5m/81.8m)
GMI: 0.99 (GM 96.29% / 95.47%)
AQI: 0.94 (AQ_t 0.14 / AQ_t-1 0.15)
SGI: 1.03 (Revenue 84.5m / 81.8m)
TATA: -0.07 (NI 41.3m - CFO 44.8m) / TA 53.7m)
Beneish M-Score: -3.11 (Cap -4..+1) = AA

What is the price of WINA shares?

As of February 08, 2026, the stock is trading at USD 452.68 with a total of 60,662 shares traded.
Over the past week, the price has changed by +0.44%, over one month by +3.81%, over three months by +8.73% and over the past year by +19.38%.

Is WINA a buy, sell or hold?

Winmark has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy WINA.
  • StrongBuy: 0
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the WINA price?

Issuer Target Up/Down from current
Wallstreet Target Price 545 20.4%
Analysts Target Price 545 20.4%
ValueRay Target Price 532.6 17.7%

WINA Fundamental Data Overview February 02, 2026

P/E Trailing = 40.1685
P/S = 18.9951
P/B = 58.6841
Revenue TTM = 84.5m USD
EBIT TTM = 55.4m USD
EBITDA TTM = 56.3m USD
Long Term Debt = 60.0m USD (from longTermDebt, last quarter)
Short Term Debt = 641.9k USD (from shortTermDebt, last fiscal year)
Debt = 62.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 22.8m USD (from netDebt column, last quarter)
Enterprise Value = 1.63b USD (1.61b + Debt 62.6m - CCE 39.7m)
Interest Coverage Ratio = 21.90 (Ebit TTM 55.4m / Interest Expense TTM 2.53m)
EV/FCF = 36.62x (Enterprise Value 1.63b / FCF TTM 44.5m)
FCF Yield = 2.73% (FCF TTM 44.5m / Enterprise Value 1.63b)
FCF Margin = 52.61% (FCF TTM 44.5m / Revenue TTM 84.5m)
Net Margin = 48.84% (Net Income TTM 41.3m / Revenue TTM 84.5m)
Gross Margin = unknown ((Revenue TTM 84.5m - Cost of Revenue TTM 3.13m) / Revenue TTM)
Tobins Q-Ratio = 30.29 (Enterprise Value 1.63b / Total Assets 53.7m)
Interest Expense / Debt = 0.98% (Interest Expense 610.3k / Debt 62.6m)
Taxrate = 23.84% (3.49m / 14.6m)
NOPAT = 42.2m (EBIT 55.4m * (1 - 23.84%))
Current Ratio = 5.95 (Total Current Assets 43.1m / Total Current Liabilities 7.23m)
Debt / Equity = -2.37 (negative equity) (Debt 62.6m / totalStockholderEquity, last quarter -26.3m)
Debt / EBITDA = 0.41 (Net Debt 22.8m / EBITDA 56.3m)
Debt / FCF = 0.51 (Net Debt 22.8m / FCF TTM 44.5m)
Total Stockholder Equity = -40.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 78.10% (Net Income 41.3m / Total Assets 53.7m)
RoE = -103.1% (negative equity) (Net Income TTM 41.3m / Total Stockholder Equity -40.0m)
RoCE = 278.0% (EBIT 55.4m / Capital Employed (Equity -40.0m + L.T.Debt 60.0m))
RoIC = 211.8% (NOPAT 42.2m / Invested Capital 19.9m)
WACC = 7.61% (E(1.61b)/V(1.67b) * Re(7.88%) + D(62.6m)/V(1.67b) * Rd(0.98%) * (1-Tc(0.24)))
Discount Rate = 7.88% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 33.33 | Cagr: 0.19%
[DCF Debug] Terminal Value 79.75% ; FCFF base≈43.5m ; Y1≈44.2m ; Y5≈48.1m
Fair Price DCF = 250.0 (EV 913.3m - Net Debt 22.8m = Equity 890.5m / Shares 3.56m; r=7.61% [WACC]; 5y FCF grow 1.16% → 2.90% )
EPS Correlation: -37.71 | EPS CAGR: -46.63% | SUE: -4.0 | # QB: 0
Revenue Correlation: 36.91 | Revenue CAGR: 2.84% | SUE: 0.33 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.71 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=12.40 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+8.9% | Growth Revenue=+3.6%

Additional Sources for WINA Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle