Wolverine World Wide (FRA:WW4) Enterprise Value: €1,954 Mil (As of Jul. 25, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:WW4 Wolverine World Wide Inc FRA:WW4
70 GF Score
Price €15.80
GF Value €12.87
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Wolverine World Wide Enterprise Value?

Wolverine World Wide FRA:WW4 -5.39% 70 Enterprise Value is €1,954 Mil as of Jul. 25, 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.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Wolverine World Wide's Enterprise Value is €1,954 Mil. Wolverine World Wide's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €143 Mil. Therefore, Wolverine World Wide's EV-to-EBIT ratio for today is 13.71.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Wolverine World Wide's Enterprise Value is €1,954 Mil. Wolverine World Wide's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €164 Mil. Therefore, Wolverine World Wide's EV-to-EBITDA ratio for today is 11.92.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Wolverine World Wide's Enterprise Value is €1,954 Mil. Wolverine World Wide's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €1,650 Mil. Therefore, Wolverine World Wide's EV-to-Revenue ratio for today is 1.18.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Wolverine World Wide's Enterprise Value is €1,954 Mil. Wolverine World Wide's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €120 Mil. Therefore, Wolverine World Wide's EV-to-OCF ratio for today is 16.33.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Wolverine World Wide's Enterprise Value is €1,954 Mil. Wolverine World Wide's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €112 Mil. Therefore, Wolverine World Wide's EV-to-FCF ratio for today is 17.41.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Wolverine World Wide  (FRA:WW4) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Wolverine World Wide's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1954.401/142.518
=13.71

Wolverine World Wide's current Enterprise Value is €1,954 Mil.
Wolverine World Wide's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €143 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Wolverine World Wide's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1954.401/163.992
=11.92

Wolverine World Wide's current Enterprise Value is €1,954 Mil.
Wolverine World Wide's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €164 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Wolverine World Wide's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1954.401/1649.596
=1.18

Wolverine World Wide's current Enterprise Value is €1,954 Mil.
Wolverine World Wide's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,650 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Wolverine World Wide's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1954.401/119.671
=16.33

Wolverine World Wide's current Enterprise Value is €1,954 Mil.
Wolverine World Wide's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €120 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Wolverine World Wide's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1954.401/112.27
=17.41

Wolverine World Wide's current Enterprise Value is €1,954 Mil.
Wolverine World Wide's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €112 Mil.

* 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 Enterprise Value Related Terms


Wolverine World Wide Enterprise Value Historical Data

* Premium members only.

The historical data trend for Wolverine World Wide's Enterprise Value 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 Enterprise Value Chart

Wolverine World Wide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,964.03 1,952.24 1,485.52 2,344.37 1,689.03

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
Enterprise Value 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 1,703.36 1,893.72 2,467.10 1,689.03 1,689.29

FRA:WW4 vs WEYS, DBI, RCKY: Enterprise Value Comparison

For the Footwear & Accessories subindustry, Wolverine World Wide's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Wolverine World Wide's Enterprise Value falls into.


FRA:WW4
70GF Score
Wolverine World Wide Inc FRA:WW4
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wolverine World Wide Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Wolverine World Wide's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Wolverine World Wide's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €1,954 Mil mean?
Wolverine World Wide (FRA:WW4) has a Enterprise Value of €1,954 Mil as of Jul. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Wolverine World Wide and its competitors.
Is Wolverine World Wide's Enterprise Value too high?
Wolverine World Wide's current Enterprise Value is €1,954 Mil. 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 Enterprise Value compare to WEYS and DBI?
Wolverine World Wide's Enterprise Value of €1,954 Mil 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 Enterprise Value for a Manufacturing - Apparel & Accessories company?
A good Enterprise Value depends on the Manufacturing - Apparel & Accessories industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Wolverine World Wide and its competitors. Wolverine World Wide's current Enterprise Value is €1,954 Mil. 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 Enterprise Value is €1,954 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Wolverine World Wide (FRA:WW4), the current Enterprise Value is €1,954 Mil as of Jul. 25, 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:

  • Enterprise Value: €1,954 Mil
  • 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

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.80
Price
€12.87
GF Value