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

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
1
BUY 14
HOLD 22
SELL 2
STRONG
SELL
0
| PRICE TARGET: $25.38 DETAILS
HIGH: $31.00
LOW: $20.00
MEDIAN: $25.50
CONSENSUS: $25.38
UPSIDE: 23.99%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Mild
Trading 12.2% above fair value
Current Price $20.47
Bear Case $15.96 22.0% downside ($15.96 - $20.47) / $20.47 = -22.0% $1.14 × 14x P/E
Fair Value $18.24 10.9% downside ($18.24 - $20.47) / $20.47 = -10.9% $1.14 × 16x P/E
Bull Case $20.52 0.2% upside ($20.52 - $20.47) / $20.47 = 0.2% $1.14 × 18x P/E

Adjust Assumptions

16.0x
1.14$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 18.0x

Plain-Language Summary

Applying a 16x P/E to adjusted EPS of $1.14, the base-case value is $18.24 per share.

Analyst Consensus (External Reference)

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

Average Target (39 analysts) $25.38
Analyst Range $20.00 – $31.00
Divergence from AlphaVal 28%

Warnings

Wall Street's average price target is $25.38 (from 39 analysts). Our estimate is 28% 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