White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
Walmart Inc. engages in the operation of retail and wholesale stores and clubs, ecommerce websites, and mobile applications worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club U.S.
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Walmart Inc. engages in the operation of retail and wholesale stores and clubs, ecommerce websites, and mobile applications worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club U.S. It operates supercenters, supermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; and ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites. It offers grocery items, including dry grocery, snacks, dairy, meat, produce, deli and bakery, frozen foods, alcoholic and nonalcoholic beverages, as well as consumables, such as health and beauty aids, pet supplies, household chemicals, paper goods, and baby products; and fuel and other categories. In addition, it is involved in the provision of health and wellness products covering pharmacy, optical and hearing services, over-the-counter drugs, and protein and nutrition products; and home, hardlines, and seasonal items, including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, and mattresses. Further, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Additionally, it operates digital payment platforms; offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access; and markets lines of merchandise under private and licensed brands. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.
Walmart Inc (1WMT) currently trades at €92.62, while our model-based Fair Value estimate is €37.04, 60.0% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of €43.11 per share, and 0 of the 23 models we run sit above the €92.62 price.
Bear case: the Asset-Based group reads lowest at €7.45, and 23 of the 23 models stay below the price. Evidence for this calculation is medium.
Scenario range: €22.09 (bear) to €55.51 (bull), the price of €92.62 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Walmart Inc reported revenue of $713B in FY2026 versus $611B in FY2023, a compound +5.3%/yr. Reported net income was $21.9B in FY2026, compounding +23.3%/yr from FY2023.
Key figures
Market cap €738B · P/E ratio 37.2 · P/S ratio 1.14 · EPS (TTM) €2.49 · Dividend yield 1.0% · Net margin 3.1% · Return on equity 24.1% · Return on assets (EBIT) 10.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −12% fair-value upside, at −60%, 1WMT screens richer than that median.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 8 months old). Earnings retained since then (€1.03 per share) are deliberately not added.
Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.
Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF
€19.36
€30.86
€48.57
76
Growth DCF
€19.99
€30.56
€46.04
75
Owner Earnings
€12.33
€20.16
€32.21
72
All 23 models by family
DCF Models
FCF DCF
€19.36
€30.86
€48.57
76
Owner Earnings
€12.33
€20.16
€32.21
72
5Y Revenue Exit
€23.69
€39.77
€59.97
69
5Y EBITDA Exit
€32.65
€56.02
€82.73
71
5Y P/E Exit
€27.19
€46.11
€65.40
67
10Y Revenue Exit
€21.02
€35.43
€54.07
63
10Y EBITDA Exit
€27.72
€46.79
€71.35
64
10Y P/E Exit
€24.21
€39.86
€58.19
61
Earnings-Based
Graham-Dodd
€16.62
€43.97
€57.45
62
PEG = 1.0
€8.47
€12.10
€15.73
55
EPV
€23.63
€28.27
€32.40
71
Multiples
P/E Multiple
€38.49
€51.32
€64.15
63
P/S Multiple
€31.16
€41.54
€51.93
58
P/B Multiple
€31.16
€41.54
€51.93
55
EV/EBIT
€39.78
€53.93
€68.08
66
EV/EBITDA
€45.25
€61.22
€77.19
67
EV/Revenue
€27.63
€40.61
€53.59
53
Asset-Based
NCAV (Graham)
€5.56
€7.45
€11.12
54
Growth DCF
Growth DCF
€19.99
€30.56
€46.04
75
Rev-Margin DCF
€23.69
€39.79
€57.45
69
Economic Profit
Residual Income
€15.27
€18.92
€29.89
71
ROIC Compounder
€25.15
€32.37
€40.68
69
Growth Earnings
Growth-Adj P/E
€30.18
€43.11
€56.04
65
Open the full fair value analysis →
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Is Walmart Inc (1WMT) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of €37.04 versus a price of €92.62, about −60% upside (overvalued).
What is the fair value of 1WMT?
Our model-based fair value for Walmart Inc is €37.04 (as of Sep 29, 2026), built from audited fundamentals. The current price: €92.62.
What is the quality score of 1WMT?
Walmart Inc has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Walmart Inc (1WMT)?
Our model-based price target is the fair value of €37.04 (as of Sep 29, 2026) from 23 valuation models. Cautious scenario €22.09, optimistic scenario €55.51. It is a calculation from audited fundamentals, not an analyst target.
What is the Walmart Inc stock forecast for 2026?
Our models put fair value at €37.04, about −60% upside versus a price of €92.62 (overvalued). Cautious scenario €22.09, optimistic scenario €55.51. The calculation is refreshed regularly with new filings.
What is the revenue of Walmart Inc (1WMT)?
Walmart Inc reported trailing-twelve-month revenue of about $725B (latest available figure, as of Sep 29, 2026).
Does Walmart Inc pay a dividend?
Walmart Inc currently shows a dividend yield of about 1.03% relative to its recent price (as of Sep 29, 2026).
What growth is priced into Walmart Inc (1WMT)?
For today's price to be fair in a discounted-cash-flow model, Walmart Inc would have to grow free cash flow by +30.4 % per year for five years (discount rate 9.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 3 years revenue grew +5.3 % per year. As of Sep 29, 2026.
What discount rate (WACC) does the fair value of 1WMT use?
Our models discount Walmart Inc at 9.9 %: a base by market capitalisation (mega), damped by beta 0.60, country premium for Italy. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Walmart Inc that is +30.4 % per year a year over ten years, using the same discount rate (9.9 %) and the same formula as our fair value.
How much growth has Walmart Inc (1WMT) delivered so far?
Over the past 3 years revenue at Walmart Inc grew +5.3 % a year. The price currently implies +30.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Walmart Inc (1WMT) growing?
The median revenue growth in the sector is +0.6 % a year. That is the yardstick for the growth priced into Walmart Inc (+30.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Walmart Inc (1WMT)?
The free-cash-flow yield on the price is 1.80 %: that much free cash flow Walmart Inc produces per unit of market value. When it exceeds the discount rate of our models (9.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Walmart Inc (1WMT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Walmart Inc it is €37.04 per share (as of Sep 29, 2026), against a price of €92.62. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Walmart Inc stock overvalued or undervalued in 2026?
As of Sep 29, 2026, 1WMT trades above its calculated fair value: price €92.62, fair value €37.04, a gap of about −60% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 1WMT?
No. The price is what the market pays today (€92.62); the fair value is what the company's own numbers justify (€37.04). For Walmart Inc the two are €55.58 per share apart. That gap is exactly why we show both numbers side by side.
How much is Walmart Inc worth?
The market values Walmart Inc at about €738B (market capitalisation, as of Sep 29, 2026). Per share that is €92.62; our models calculate a fair value of €37.04 per share.
What do the bullish and bearish scenarios say about 1WMT?
Our models span a range for Walmart Inc: cautious scenario €22.09, base €37.04, optimistic €55.51 per share (as of Sep 29, 2026, price €92.62). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is 1WMT from its 52-week high?
Walmart Inc trades at €92.62, about 20% below its 52-week high of €115.88 and 8% above the low of €85.74 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of €37.04 is for.
Which stocks are comparable to Walmart Inc?
From the same area (Consumer Defensive) we also value Costco Wholesale Corporation, Target Corporation, Dollarama Inc, Dollar General Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Walmart Inc stock attractive at the current price?
The data as of Sep 29, 2026: price €92.62, calculated fair value €37.04 (−60%), Quality Score 60/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 1WMT calculated?
We run Walmart Inc through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €37.04, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Walmart Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on
is it worth investing now.
What is the share price of Walmart Inc (1WMT)?
The closing price on Oct 2, 2026 was €92.62. Our model-based fair value is €37.04, about −60% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Walmart Inc right now?
The price sits above even our optimistic bull case (€55.51). The favourable scenario is already priced in. Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (€22.09 to €55.51) leaves room in how you read the outcome.
Key figures of Walmart Inc
How large is the market capitalisation of Walmart Inc (1WMT)?
The market capitalisation of Walmart Inc is €738B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of Walmart Inc (1WMT)?
The price-to-earnings ratio of Walmart Inc is 37.2. Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of Walmart Inc (1WMT)?
The price-to-sales ratio of Walmart Inc is 1.14 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Walmart Inc (1WMT)?
Earnings per share at Walmart Inc are €2.49 (price ÷ EPS = P/E 37.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Walmart Inc (1WMT)?
The dividend yield of Walmart Inc is 1.0% (payout 38.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Walmart Inc (1WMT)?
The net margin of Walmart Inc is 3.1% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Walmart Inc (1WMT)?
The return on equity (ROE) of Walmart Inc is 24.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Walmart Inc (1WMT)?
On an EBIT basis the return on assets of Walmart Inc is 10.2% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Walmart Inc (1WMT)?
The operating margin of Walmart Inc is 4.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Walmart Inc (1WMT)?
Revenue at Walmart Inc is growing +7.3% versus a year earlier (3y avg +5.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Walmart Inc (1WMT)?
Earnings per share at Walmart Inc are growing +19.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Walmart Inc (1WMT) carry?
The net debt of Walmart Inc is $34.0B (fiscal year 2026, ≈ 2.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
