WD-40 Company logo WDFC - WD-40 Company

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 1
HOLD 5
SELL 1
STRONG
SELL
0
| PRICE TARGET: $475.00 DETAILS
HIGH: $650.00
LOW: $300.00
MEDIAN: $475.00
CONSENSUS: $475.00
UPSIDE: 138.65%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 65% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Strong
Trading 91.6% above fair value
Current Price $199.04
Bear Case $83.10 58.3% downside ($83.10 - $199.04) / $199.04 = -58.3% $6.69 × 12x P/E
Fair Value $103.87 47.8% downside ($103.87 - $199.04) / $199.04 = -47.8% $6.69 × 16x P/E
Bull Case $124.65 37.4% downside ($124.65 - $199.04) / $199.04 = -37.4% $6.69 × 19x P/E

Adjust Assumptions

15.5x
6.69$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 29.8x

Plain-Language Summary

Applying a 16x P/E to adjusted EPS of $6.69, the base-case value is $103.87 per share. DDM cross-check: $169.06.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (7 analysts) $475.00
Analyst Range $300.00 – $650.00
Divergence from AlphaVal 78%

Warnings

Dividend-based valuation: $169.06 (above our primary estimate by 63%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $475.00 (from 7 analysts). Our estimate is 78% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples