What is Wolverine World Wide Inc worth?
With the base-case assumptions below, a discounted cash flow model on Wolverine World Wide Inc's reported free cash flow gives $16.92 per share. The share price was $19.07 on September 25, 2026, 13% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -4.0% | 10.0% | $8.50 | -55% |
| Base | 1.0% | 9.0% | $16.92 | -11% |
| Bull | 6.0% | 8.0% | $32.63 | +71% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $22.78 | $24.55 | $26.70 | $29.39 | $32.86 |
| 8.0% | $18.43 | $19.57 | $20.92 | $22.54 | $24.53 |
| 9.0% | $15.24 | $16.02 | $16.92 | $17.97 | $19.22 |
| 10.0% | $12.80 | $13.35 | $13.98 | $14.70 | $15.53 |
| 11.0% | $10.87 | $11.28 | $11.73 | $12.25 | $12.83 |
Where the presets come from
Base: years 1 to 5 grow at Wolverine World Wide Inc's revenue growth rate over the last 4 fiscal years (1.1% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions