WMTWalmart
Is the price fair?
A demanding price: priced for +22% a year vs +5% a year delivered and at the top of its own P/E range.
Priced for ~22% a year FCF growth. The price demands more than its three-year revenue growth of 5% a year, priced for acceleration.
Expensive vs its own history: P/E 40.2 vs a 29.9 median over 41 quarters (+34% vs median).
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What WMT's price assumes
Walmart trades at 40.2× earnings against 20.3× for the median Discount Stores name, more expensive than its own group.
Trailing P/E · Discount Stores median 20.3 · 1.98× the median: the market pays up for this one
- Price / sales
- 1.23
Price / sales · as of 2026-Q3
- Free cash flow yield
- 1.5%
Free cash flow yield · Discount Stores median 4.2%
- Growth the price implies
- +22%
Growth the price implies · The price pays for +22% free cash flow growth a year for a decade; the business has delivered −11% a year over the last three.
Details›
- Price / bookas of 2026-Q3
- 9.20
- EV / EBITas of 2026-Q3
- 29.2
- EV / salesas of 2026-Q3
- 1.28
- Consumer Defensive median P/E142 names
- 20.2
- Discount Stores median P/E9 names
- 20.3
- Free cash flow, trailing twelve months
- $13.5B
- Market capitalisation
- $932.5B
- 3-year revenue growth
- +5.3%
- 3-year free cash flow growth
- −11%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $59.08 |
| Its own P/E history, median | $82.90 |
| Its own P/E history, upper quartile | $104.06 |
| 52-week range | $100.01 – $134.20 |
| Today | $111.36 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Consumer Defensive
Ranks #59 of 131 by RyuScore