WWW Stock Analysis: Wolverine World Wide | NYSE
Footwear & Accessories | NYSE, USA | Market Cap: 1.590m USD | 12M Return: -22.4% | US9780971035 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 15.3M
Qual. Beats: 0
Rev. Trend: -55.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Wolverine World Wide (NYSE: WWW) is a global, multi-brand footwear, apparel, and accessories company headquartered in Rockford, Michigan, and founded in 1883. It operates through two reportable segments-Active Group (outdoor, athletic, and casual styles) and Work Group (industrial and uniform footwear/apparel)-and sells in the United States, Europe, the Middle East, Africa, Asia Pacific, Canada, and Latin America.
The companys portfolio includes owned and licensed brands such as Merrell, Saucony, Sperry, Keds, Hush Puppies, Chaco, Harley-Davidson, Cat, Bates, Hytest, Sweaty Betty, Wolverine, and Stride Rite. Brand licensing is a core part of the model, extending names like Hush Puppies and Wolverine into apparel, eyewear, watches, socks, handbags, plush toys, and gloves. The firm also markets pigskin leather through its Wolverine Leather division and offers sourcing and product-development consulting services to third parties.
Distribution combines wholesale (department stores, national chains, specialty and independent retailers, uniform outlets, mass merchants, and government customers) with a growing direct-to-consumer presence, including branded brick-and-mortar stores and e-commerce sites, as well as third-party licensees, distributors, and joint ventures. As a Consumer Discretionary small-cap in the GICS Footwear sub-industry, Wolverine exemplifies the asset-light, brand-licensing-driven model common among legacy footwear companies, where revenue is diversified across multiple brands, price points, and channels rather than concentrated in a single label.
- Saucony and Merrell fuel Active Group revenue growth
- Work Group demand tied to industrial employment cycles
- DTC channel expansion lifts gross margins
| Net Income: 108.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 3.16 > 1.0 |
| NWC/Revenue: 13.37% < 20% (prev 8.48%; Δ 4.90% < -1%) |
| CFO/TA 0.11 > 3% & CFO 182.6m > Net Income 108.3m |
| Net Debt (731.2m) to EBITDA (195.6m): 3.74 < 3 |
| Current Ratio: 1.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (84.3m) vs 12m ago 3.98% < -2% |
| Gross Margin: 46.99% > 18% (prev 45.66%; Δ 1.32% > 0.5%) |
| Asset Turnover: 111.0% > 50% (prev 100.7%; Δ 10.34% > 0%) |
| Interest Coverage Ratio: 5.74 > 6 (EBIT TTM 171.7m / Interest Expense TTM 29.9m) |
| A: 0.15 (Total Current Assets 736.2m - Total Current Liabilities 475.2m) / Total Assets 1.71b |
| B: 0.56 (Retained Earnings 951.6m / Total Assets 1.71b) |
| C: 0.10 (EBIT TTM 171.7m / Avg Total Assets 1.76b) |
| D: 0.36 (Book Value of Equity 449.2m / Total Liabilities 1.24b) |
| Altman-Z'' = 3.86 = AA |
| DSRI: 0.81 (Receivables 221.1m/255.4m, Revenue 1.95b/1.82b) |
| GMI: 0.97 (GM 45.66% / 46.99%) |
| AQI: 1.03 (AQ_t 0.46 / AQ_t-1 0.45) |
| SGI: 1.07 (Revenue 1.95b / 1.82b) |
| TATA: -0.04 (NI 108.3m - CFO 182.6m) / TA 1.71b) |
| Beneish M = -3.15 (Cap -4..+1) = AA |
As of October 16, 2026, the stock is trading at USD 20.02 with a total of 879,842 shares traded. Over the past week, the price has changed by +5.37%, over one month by +5.26%, over three months by +10.94% and over the past year by -22.37%.
Current recommended Stop Loss: 18.20 (which is 9.1% or 2.6 ATR below the current price).
Wolverine World Wide has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy WWW.
- StrongBuy: 5
- Buy: 1
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 24.3 | 21.4% |
P/E Trailing = 15.0155
P/E Forward = 9.9305
P/S = 0.8144
P/B = 3.4913
P/EG = 2.357
Revenue TTM = 1.95b USD
EBIT TTM = 171.7m USD
EBITDA TTM = 195.6m USD
Long Term Debt = 547.1m USD (from longTermDebt, last quarter)
Short Term Debt = 91.5m USD (from shortTermDebt, last quarter)
Debt = 889.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 144.3m
Net Debt = 731.2m USD (calculated: Debt 889.7m - CCE 158.5m)
Enterprise Value = 2.32b USD (1.59b + Debt 889.7m - CCE 158.5m)
Interest Coverage Ratio = 5.74 (Ebit TTM 171.7m / Interest Expense TTM 29.9m)
EV/FCF = 13.26x (Enterprise Value 2.32b / FCF TTM 175.0m)
FCF Yield = 7.54% (FCF TTM 175.0m / Enterprise Value 2.32b)
FCF Margin = 8.97% (FCF TTM 175.0m / Revenue TTM 1.95b)
Net Margin = 5.55% (Net Income TTM 108.3m / Revenue TTM 1.95b)
Gross Margin = 46.99% ((Revenue TTM 1.95b - Cost of Revenue TTM 1.03b) / Revenue TTM)
Gross Margin QoQ = 46.47% (prev 47.60%)
Tobins Q-Ratio = 1.36 (Enterprise Value 2.32b / Total Assets 1.71b)
Interest Expense / Debt = 3.36% (Interest Expense 29.9m / Debt 889.7m)
Taxrate = 19.53% (27.7m / 141.8m)
NOPAT = 138.2m (EBIT 171.7m * (1 - 19.53%))
Current Ratio = 1.55 (Total Current Assets 736.2m / Total Current Liabilities 475.2m)
Debt / Equity = 1.98 (Debt 889.7m / totalStockholderEquity, last quarter 449.2m)
Debt / EBITDA = 3.74 (Net Debt 731.2m / EBITDA 195.6m)
Debt / FCF = 4.18 (Net Debt 731.2m / FCF TTM 175.0m)
Total Stockholder Equity = 412.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.16% (Net Income 108.3m / Total Assets 1.71b)
RoE = 26.26% (Net Income TTM 108.3m / Total Stockholder Equity 412.4m)
RoCE = 17.89% (EBIT 171.7m / Capital Employed (Equity 412.4m + L.T.Debt 547.1m))
RoIC = 11.27% (NOPAT 138.2m / Invested Capital 1.23b)
WACC = 7.12% (E(1.59b)/V(2.48b) * Re(9.59%) + D(889.7m)/V(2.48b) * Rd(3.36%) * (1-Tc(0.20)))
Discount Rate = 9.59% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 89.49 | Cagr: 2.48%
[DCF] Terminal Value 77.97% ; FCFF base≈156.3m ; Y1≈179.2m ; Y5≈263.7m
[DCF] Fair Price = 39.45 (EV 3.97b - Net Debt 731.2m = Equity 3.24b / Shares 82.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.54 | # QB: 0
Revenue Correlation: -55.46 | Revenue CAGR: -5.67% | SUE: 0.72 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.46 | Chg30d=-0.13% | Revisions=+77% | Analysts=10
EPS current Year (2026-12-31): EPS=1.65 | Chg30d=-0.08% | Revisions=+79% | GrowthEPS=+21.9% | GrowthRev=+6.8%
EPS next Year (2027-12-31): EPS=1.85 | Chg30d=+1.20% | Revisions=+79% | GrowthEPS=+12.4% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: +91% (up=32, down=0)