WH Smith (LSE:SMWH) Market Cap: £598 Mil (As of Jun. 29, 2026)


LSE:SMWH WH Smith PLC LSE:SMWH
59 GF Score
Price £3.97
GF Value £11.97
Valuation Possible Value Trap
! 5 Warning Signs
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What is WH Smith Market Cap?

WH Smith LSE:SMWH 59 Market Cap is £598 Mil as of Jun. 29, 2026. GuruFocus rates LSE:SMWH with a GF Score™ of 59/100 and a GF Value™ of £11.97 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,137 Retail - Cyclical companies, WH Smith ranks better than 75.02% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). WH Smith's share price for the quarter that ended in Feb. 2026 was £6.875. WH Smith's Shares Outstanding (EOP) for the quarter that ended in Feb. 2026 was 125 Mil. Therefore, WH Smith's market cap for the quarter that ended in Feb. 2026 was £857 Mil.

WH Smith's quarterly market cap declined from Feb. 2025 (£1,474 Mil) to Aug. 2025 (£860 Mil) and declined from Aug. 2025 (£860 Mil) to Feb. 2026 (£857 Mil).

WH Smith's annual market cap declined from Aug. 2023 (£1,905 Mil) to Aug. 2024 (£1,655 Mil) and declined from Aug. 2024 (£1,655 Mil) to Aug. 2025 (£860 Mil).

Enterprise Value is 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 and cash equivalents. WH Smith's Enterprise Value for Today is £1,644 Mil.


WH Smith  (LSE:SMWH) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


WH Smith Market Cap Related Terms


WH Smith Market Cap Historical Data

* Premium members only.

The historical data trend for WH Smith's Market Cap 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.

WH Smith Market Cap Chart

WH Smith Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,136.43 1,872.65 1,905.35 1,655.31 860.40

WH Smith Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Market Cap 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 1,605.33 1,655.31 1,473.75 860.40 857.28

LSE:SMWH vs CASY, WSM, DKS: Market Cap Comparison

For the Specialty Retail subindustry, WH Smith's Market Cap, along with its competitors' market caps and Market Cap 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.


WH Smith Market Cap vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, WH Smith's Market Cap distribution charts can be found below:

* The bar in red indicates where WH Smith's Market Cap falls into.


LSE:SMWH
59GF Score
WH Smith PLC LSE:SMWH
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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WH Smith Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

WH Smith's Market Cap for the fiscal year that ended in Aug. 2025 is calculated as

Market Cap (A: Aug. 2025 )=Share Price (A: Aug. 2025 )*Shares Outstanding (EOP) (A: Aug. 2025 )
=£6.9*124.695
=£860

WH Smith's Market Cap for the quarter that ended in Feb. 2026 is calculated as

Market Cap (Q: Feb. 2026 )=Share Price (Q: Feb. 2026 )*Shares Outstanding (EOP) (Q: Feb. 2026 )
=£6.875*124.695
=£857

* 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 Market Cap →
What does a Market Cap of £598 Mil mean?
WH Smith (LSE:SMWH) has a Market Cap of £598 Mil as of Jun. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on WH Smith and its competitors. According to the industry distribution chart, WH Smith ranks #284 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 25%.
Is WH Smith's Market Cap too high?
WH Smith's current Market Cap is £598 Mil. Based on the distribution chart, WH Smith ranks #284 out of 1137 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, WH Smith has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WH Smith's Market Cap compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, WH Smith ranks #284 out of 1137 companies for Market Cap. This places WH Smith in the top 25% of its industry — outperforming the majority of peers. The industry median Market Cap is 144.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Retail - Cyclical company?
The median Market Cap among Retail - Cyclical companies is 144.25, based on 1,137 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on WH Smith and its competitors. For the Retail - Cyclical industry, the median Market Cap is 144.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WH Smith's current Market Cap is £598 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WH Smith stock overvalued right now?
Based on GuruFocus' analysis, WH Smith (LSE:SMWH) is currently considered Possible Value Trap. The stock's GF Value™ is £11.97, compared to a current price of £3.97 — trading 66.8% below its estimated fair value. The current Market Cap is £598 Mil. WH Smith's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For WH Smith (LSE:SMWH), the current Market Cap is £598 Mil as of Jun. 29, 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 WH Smith (LSE:SMWH) Overvalued in 2026?

Based on GuruFocus' analysis, WH Smith stock appears to be undervalued. The current stock price of £3.97 is trading 66.8% below its estimated GF Value™ of £11.97. GuruFocus considers WH Smith to be Possible Value Trap.

Key valuation signals for LSE:SMWH:

  • Market Cap: £598 Mil
  • GF Value™: £11.97 vs. price of £3.97 (66.8% below fair value)
  • GF Score™: 59/100 with 5 warning signs

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


WH Smith Business Description

Address Greenbridge Road, Swindon, Wiltshire, GBR, SN3 3RX
WH Smith PLC is a travel retailer providing travel essentials through stores in high-footfall transport hubs, operating as a pure-play travel retail business following the sale of its High Street operations. The Company offers a broad portfolio of products and services, including books and magazines, food-to-go, beverages, health and beauty items, travel and technology accessories, and selected partner services. Its operations are organised into three segments: the UK, which generates the majority of revenue and operates stores across airports, hospitals, railway stations, and service areas; North America, with stores mainly in airports and a Resorts business in Las Vegas; and the Rest of the World.
59GF Score

Get the complete analysis for LSE:SMWH

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

£3.97
Price
£11.97
GF Value