Wolverine World Wide, Inc. logo WWW - Wolverine World Wide, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
1
BUY 13
HOLD 22
SELL 2
STRONG
SELL
0
| PRICE TARGET: $21.25 DETAILS
HIGH: $26.00
LOW: $16.00
MEDIAN: $21.50
CONSENSUS: $21.25
UPSIDE: 29.49%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Moderate
Trading 22.5% below fair value
Current Price $16.41
Bear Case $18.54 13.0% upside ($18.54 - $16.41) / $16.41 = 13.0% $1.32 × 14x P/E
Fair Value $21.19 29.1% upside ($21.19 - $16.41) / $16.41 = 29.1% $1.32 × 16x P/E
Bull Case $23.84 45.3% upside ($23.84 - $16.41) / $16.41 = 45.3% $1.32 × 18x P/E

Adjust Assumptions

16.0x
1.32$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 12.4x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $21.25 from 38 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $21.19 per share.

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