WMTWalmart

$104.43

Is the price fair?

What WMT's price assumes

Walmart trades at 36.6× earnings against 21.6× for the median Discount Stores name, more expensive than its own group.

36.6

Trailing P/E · Discount Stores median 21.6 · 1.70× the median: the market pays up for this one

Price / sales
1.45

Price / sales · as of 2026-Q2

Free cash flow yield
1.4%

Free cash flow yield · Discount Stores median 3.4%

Growth the price implies
+23%

Growth the price implies · The price pays for +23% free cash flow growth a year for a decade; the business has delivered −14% a year over the last three.

Details
Price / book2026-Q2
11.2
EV / EBIT2026-Q2
35.8
EV / sales2026-Q2
1.49
Consumer Defensive median P/E115 names
21.5
Discount Stores median P/E9 names
21.6
Free cash flow, trailing twelve months
$12.6B
Market capitalisation
$932.5B
3-year revenue growth
+5.3%
3-year free cash flow growth
−14%
WMT has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 40.2× today against a 12.0× median
52-week range$95.48 – $134.20
Today$104.43

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