WBDWarner Bros. Discovery

$28.73

Is the price fair?

What WBD's price assumes

Today's price asks for 11% free cash flow growth a year; over the last three years Warner Bros. Discovery delivered −11%, the price is ahead of the record.

1.84

Price / sales · no P/E: the last twelve months did not end in a profit

Free cash flow yield
3.3%

Free cash flow yield · Entertainment median 4.7%

Growth the price implies
+11%

Growth the price implies · The price pays for +11% free cash flow growth a year for a decade; the business has delivered −11% a year over the last three.

Price / book
2.10

Price / book · as of 2026-Q1

Details
Price / book2026-Q1
2.10
EV / EBIToperating margin −3.5%: the multiple describes the denominator
not meaningful
EV / sales2026-Q1
2.62
Free cash flow, trailing twelve months
$2.18B
Market capitalisation
$65.7B
3-year free cash flow growth
−11%

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.