Wolverine World Wide, Inc.

$ 17.60 5.39 %

Wolverine World Wide, Inc. is a multinational enterprise specializing in the design, manufacturing, sourcing, marketing, licensing, and distribution of footwear, apparel, and accessories. Its operations span across the United States, Europe, the Middle East, Africa, the Asia Pacific region, Canada, and Latin America, managed through its Wolverine Michigan Group and Wolverine Boston Group segments. The company's diverse product range encompasses casual wear, high-performance outdoor and athletic gear, children's shoes, durable industrial work boots and attire, and professional uniform footwear. Wolverine World Wide offers a vast selection of footwear styles, including shoes, boots, and sandals, under well-known brands such as Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Keds, Merrell, Saucony, Sperry, Sweaty Betty, Wolverine, and Stride Rite. Beyond footwear, it also markets Merrell and Wolverine-branded apparel and accessories. The company strategically leverages its brands by licensing them for non-footwear products, which include Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; Wolverine eyewear and gloves; and Keds, Saucony, and Sperry apparel. Additionally, Wolverine World Wide produces pigskin leather under proprietary trademarks like Wolverine Warrior Leather, Weather Tight, and All Season Weather Leathers, intended for the footwear industry. The company employs a multi-channel sales approach, utilizing its own brick-and-mortar retail stores and e-commerce sites. Its products reach consumers through department stores, national chains, catalog and specialty retailers, independent stores, uniform suppliers, mass merchants, and government clients, often supported by third-party licensees, distributors, and joint ventures. As of January 1, 2022, Wolverine World Wide maintained 143 physical retail locations and 65 consumer-direct e-commerce platforms. Founded in 1883, the company's headquarters are situated in Rockford, Michigan.

CEO: Christopher E. Hufnagel - https://www.wolverineworldwide.com

Price objectif

$21.25 20.74 %

Recommandation

Hold

DCF

$ -0.96

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WWW vs S&P500

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Quick ratio

0.89

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

14.31

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

1.23

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

26.91 %

is generally considered excellent, indicating that the company is generating strong profits with its equity.

ROIC

10.05 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

9.20

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

1.89

means it relies more on debt, which can increase financial risk.

Free cash flow per share

1.62

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

32.24 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
8 indicates good financial health
Altman score
3.19 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.27 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.48 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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