Research / Stock / WMT

WMT

Walmart Inc. · NYSE · Retail

FY2026Mkt cap 840.1B

105.38

-1.11 -1.04%

close 2026-08-25

Assumptions

FCF growth rate

10.8%

Market is pricing 10.8%— you agree

Actually grew -10.4%/yrFCF, 2021–2026 — the market is pricing 21.2pts FASTER than history

Projection years

10 yrs

Terminal growth

3.00%

Discount rate (WACC)

6.50%

6.5% derived for this company beta 0.42 (1232d vs the S&P 500) · cost of equity 6.6% = 4.7% risk-free + 0.42 × 4.5% premium · 4% debt at 6.1%, taxed at 24%

Fair value DCF model

$105.26

-0.1%

At the market's assumptions

Current price $105.38Enterprise value 839.1B

Bear $69.62 (5.8% growth)Bull $157.77 (15.8%)

market $105.38

Today's market price is inside the range · band = your growth ±5pts, same model · the market itself prices 10.8%

Y10

Present value of each projected year, Y1–Y10

22% the 10 forecast years78% terminal value

Over three quarters of this valuation sits beyond the forecast horizon, in a single assumption about growth forever. Lengthening the projection or lowering terminal growth moves that share.

Same industry · Broadline Retail · trailing P/E for context

COSTP/E 53425.5Bthis P/E: 39

Research / Stock / …

Pulling SEC filings & building this page… the first lookup of a new ticker takes a few seconds, then it's cached.

Assumptions

Fair valuei DCF model

Same industryi · Broadline Retail · trailing P/E for context

Assumptions

Fair valuei DCF model

Same industryi · Broadline Retail · trailing P/E for context

Fair value DCF model

Same industry · Broadline Retail · trailing P/E for context

Fair value DCF model

Same industry · Broadline Retail · trailing P/E for context