Wolverine World Wide (FRA:WW4) Cyclically Adjusted FCF per Share: €1.46 (As of Mar. 2026)

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FRA:WW4 Wolverine World Wide Inc FRA:WW4
70 GF Score
Price €15.80
GF Value €12.87
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Wolverine World Wide Cyclically Adjusted FCF per Share?

Wolverine World Wide FRA:WW4 -5.39% 70 Cyclically Adjusted FCF per Share is €1.46 as of Mar. 2026. GuruFocus rates FRA:WW4 with a GF Score™ of 70/100 and a GF Value™ of €12.87 (Modestly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Wolverine World Wide's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.899. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €1.46 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Wolverine World Wide's average Cyclically Adjusted FCF Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Wolverine World Wide was 79.70% per year. The lowest was -12.60% per year. And the median was 9.60% per year.

As of today (2026-07-25), Wolverine World Wide's current stock price is €15.80. Wolverine World Wide's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €1.46. Wolverine World Wide's Cyclically Adjusted Price-to-FCF of today is 10.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wolverine World Wide was 24.89. The lowest was 3.96. And the median was 14.65.


Wolverine World Wide  (FRA:WW4) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Wolverine World Wide's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.80/1.46
=10.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wolverine World Wide was 24.89. The lowest was 3.96. And the median was 14.65.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Wolverine World Wide Cyclically Adjusted FCF per Share Related Terms


Wolverine World Wide Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Wolverine World Wide's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wolverine World Wide Cyclically Adjusted FCF per Share Chart

Wolverine World Wide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 1.73 1.69 1.70 1.40

Wolverine World Wide Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.54 1.40 1.40 1.40 1.46

FRA:WW4 vs WEYS, DBI, RCKY: Cyclically Adjusted FCF per Share Comparison

For the Footwear & Accessories subindustry, Wolverine World Wide's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wolverine World Wide Cyclically Adjusted Price-to-FCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Wolverine World Wide's Cyclically Adjusted Price-to-FCF falls into.


FRA:WW4
70GF Score
Wolverine World Wide Inc FRA:WW4
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wolverine World Wide Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Wolverine World Wide's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.899/330.2130*330.2130
=-0.899

Current CPI (Mar. 2026) = 330.2130.

Wolverine World Wide Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 1.235 241.018 1.692
201609 0.590 241.428 0.807
201612 1.307 241.432 1.788
201703 -0.408 243.801 -0.553
201706 1.200 244.955 1.618
201709 -0.587 246.819 -0.785
201712 1.350 246.524 1.808
201803 -0.549 249.554 -0.726
201806 1.095 251.989 1.435
201809 -0.954 252.439 -1.248
201812 1.172 251.233 1.540
201903 -1.352 254.202 -1.756
201906 1.261 256.143 1.626
201909 0.018 256.759 0.023
201912 2.132 256.974 2.740
202003 -0.885 258.115 -1.132
202006 1.236 257.797 1.583
202009 1.012 260.280 1.284
202012 1.718 260.474 2.178
202103 0.243 264.877 0.303
202106 0.208 271.696 0.253
202109 -0.392 274.310 -0.472
202112 0.663 278.802 0.785
202203 -1.109 287.504 -1.274
202206 -1.942 296.311 -2.164
202209 -3.196 296.808 -3.556
202212 3.574 296.797 3.976
202303 -1.239 301.836 -1.355
202306 1.588 305.109 1.719
202309 -0.509 307.789 -0.546
202312 1.371 306.746 1.476
202403 -0.488 312.332 -0.516
202406 0.275 314.175 0.289
202409 1.172 315.301 1.227
202412 0.885 315.605 0.926
202503 -1.046 319.799 -1.080
202506 0.440 322.561 0.450
202509 0.314 324.800 0.319
202512 1.495 324.054 1.523
202603 -0.899 330.213 -0.899

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €1.46 mean?
Wolverine World Wide (FRA:WW4) has a Cyclically Adjusted FCF per Share of €1.46 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Wolverine World Wide and its competitors.
Is Wolverine World Wide's Cyclically Adjusted FCF per Share too high?
Wolverine World Wide's current Cyclically Adjusted FCF per Share is €1.46. Overall, Wolverine World Wide has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wolverine World Wide's Cyclically Adjusted FCF per Share compare to WEYS and DBI?
Wolverine World Wide's Cyclically Adjusted FCF per Share of €1.46 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted FCF per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Wolverine World Wide and its competitors. Wolverine World Wide's current Cyclically Adjusted FCF per Share is €1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wolverine World Wide stock overvalued right now?
Based on GuruFocus' analysis, Wolverine World Wide (FRA:WW4) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.87, compared to a current price of €15.80 — trading 22.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.46. Wolverine World Wide's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Wolverine World Wide (FRA:WW4), the current Cyclically Adjusted FCF per Share is €1.46 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wolverine World Wide (FRA:WW4) Overvalued in 2026?

Based on GuruFocus' analysis, Wolverine World Wide stock appears to be overvalued. The current stock price of €15.80 is trading 22.8% above its estimated GF Value™ of €12.87. GuruFocus considers Wolverine World Wide to be Modestly Overvalued.

Key valuation signals for FRA:WW4:

  • Cyclically Adjusted FCF per Share: €1.46
  • GF Value™: €12.87 vs. price of €15.80 (22.8% above fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the FRA:WW4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wolverine World Wide Business Description

Other Exchanges WWW:USA
Address 9341 Courtland Drive North East, Rockford, MI, USA, 49351
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; and Work Group. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear. Geographically, the company operates in United States; Europe, Middle East and Africa; Asia Pacific; Canada; and Latin America.
70GF Score

Get the complete analysis for FRA:WW4

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.80
Price
€12.87
GF Value