George Weston Limited (WN) fair value: what the stock is really worth
We calculate from audited financials what George Weston Limited is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.
Compare price with fair valuebelow fair value = cheap, above = expensive
Check the quality50 and up solid, 75 and up strong
Watch it or check another stockalert when fair value or trend changes
Consumer Defensive · CA · Market cap C$38.1B (≈ $27.6B) · ISIN CA9611485090
At a glance
GWGeorge Weston LimitedWN · TO
PriceC$100.82
Fair ValueC$147.70
Upside+46.5%
Quality64/100
A solid business, trading 32% below our fair value of C$147.70.
As of Sep 3, 2026, the fair value of George Weston Limited is C$147.70 per share against a price of C$100.82, so the fair value sits 47% above the price. A model estimate from reported figures, not an analyst target.
✓Healthy Growth (revenue 5y +3.9 %/yr)
!Thin margins · 1.8% net margin
!High debt · generates free cash flow
·1.16% dividend yield
!Mixed vs. peers (8/15)
!Moderate moat 48/100
!Evidence only medium, so the estimate is less certain
!Weak on future: 21 out of 100
!Weak on dividend: 23 out of 100
Evidence: MediumRange C$81.39 to C$217.04
Fair value as of: Sep 3, 2026
From 23 valuation models · updated 6 days ago
Share price −0.4% over the past month.
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69 individual criteria per stock, every one traceable See the method →
What matters now
The model range is unusually wide (C$81.39 to C$217.04). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Solid quality (64/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 3, 2026.
How to read this chart
60‑month range C$35.87 – C$107.24 · fair‑value band C$81.39 – C$217.04 · the C$100.82 price screens below the C$147.70 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 3, 2026.
George Weston Limited (WN) currently trades at C$100.82, while our model-based Fair Value estimate is C$147.70, implying the stock looks roughly 31.7% undervalued today. The Quality Score stands at 64/100 (solid quality), in the Consumer Defensive sector. Bull case: the DCF Models group reads highest at a median of C$101.98 per share, and 12 of the 23 models we run sit above the C$100.82 price. Bear case: the Economic Profit group reads lowest at C$26.33, and 11 of the 23 models stay below the price. Evidence for this calculation is medium.
Over the trailing twelve months, George Weston Limited generated revenue of C$65.1B at a net margin of 1.8%. Revenue grew 4.2% year over year. It earns a return on equity of 19.4%. Net debt stands at C$18.1B. Fundamentals as of Sep 3, 2026
Scenario range: C$81.39 (bear) to C$217.04 (bull), the price of C$100.82 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 3% below its 52-week high and 23% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −31% fair-value upside, at 47%, WN screens cheaper than that median.
Fair Value models
Based on fiscal year 2025 figures (about 8 months old). Earnings retained since then (C$1.05 per share) are deliberately not added.
Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →
ModelBear ⓘ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.Evidence
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Key figures & financial health
P/E ratio37.3
P/S ratio0.66P/E × margin
EPS (TTM)C$2.70price ÷ EPS = P/E 37.3
Dividend yield1.2%payout 43.2%
Net margin1.8%FY2025
Return on equity19.4%TTM
More key figures
Profitability
Return on assets (EBIT)9.3%avg 5y
Operating margin7.9%TTM
Growth
Revenue (TTM)C$65.1BTTM
Revenue growth (YoY)+4.2%3y avg +4.2%
EPS growth (YoY)+30.8%
Balance sheet & cash flow
Free cash flowC$3.2BFY2025
Net debtC$18.1BFY2025 · ≈ 5.6 yrs of FCF
Figures from reported company fundamentals · as of Sep 3, 2026. TTM = trailing twelve months.
Quality Score breakdown
Overall quality64/100
Of which business quality 59
· Market factors (momentum, volatility) 66
Profitability58
Margins and returns on capital today
Quality Growth53
Are margins and returns improving?
Cashflow54
Earnings quality: real cash, not paper profit
Fin. Strength24
Balance sheet, leverage, solvency risk
Investment94
Disciplined investing over empire-building
Low Volatility94
Calm price path (market factor)
Momentum48
Price trend over the last 3–12 months (market factor)
52W Momentum65
Distance to the 52-week high (market factor)
Net Issuance100
Buybacks instead of dilution
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates in two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties).
Full company description
George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates in two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, corporate and franchise-owned retail food, and associate-owned drug stores, including in-store pharmacies, health care services, health and beauty products, apparel, and other general merchandise. This segment offers credit card and banking services, guaranteed investment certificates, loyalty program, insurance brokerage services, and telecommunication services. The Choice Properties segment owns, develops, and manages commercial and residential properties, which are leased to necessity-based tenants and logistics providers. The company markets its products under the Shoppers Drug Mart, Joe Fresh, President's Choice Bank, PC Financial, no name, Farmer's Market, T&T, Life Brand, and PC Optimum brands. The company was founded in 1882 and is based in Toronto, Canada. George Weston Limited is a subsidiary of Wittington Investments, Limited.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
George Weston Limited reported revenue of C$64.5B in FY2025 versus C$53.7B in FY2021, a compound +4.7%/yr. Reported net income was C$1.1B in FY2025, compounding +27.6%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Growth Quality 66/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
C$64.5B
Latest YoY
+4.7%
Avg. revenue growth/yr (3Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.2%
Avg. revenue growth/yr (5Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.9%
Avg. revenue growth/yr (30Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.5%
Value creation/yr (5Y) ⓘEarnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+26.5%
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+25.3%
Dividend yield1.2%
Trend ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5Y 25.3% vs 10Y 8.3%, picking up
Operating margin (EBIT) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.5.4% (2020) → 9.2% (2025) · rising
Worst earnings drop78% (2014) · in CAD
Revenue+4.7%/yr
FY21C$53.7B
FY22C$57.0B
FY23C$60.1B
FY24C$61.6B
FY25C$64.5B
Net income+27.6%/yr
FY21C$431M
FY22C$1.8B
FY23C$1.5B
FY24C$1.4B
FY25C$1.1B
Character of growth · EPS growth decomposed (2014-2025)+14.1 % p.a.
Revenue per share+2.9 %
of which total revenue +3.3 % · buybacks/dilution −0.4 %
EBIT margin+8.7 %
Tax rate+0.1 %
Residual (interest, one-offs)+1.9 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation
Quality Score64 · Above median
Fair Value upside+46% · Top 25%
Profitability
Return on equity (TTM)19% · Top 25%
Return on assets7% · Top 25%
Net margin (TTM)2% · Below median
Operating margin (TTM)8% · Top 25%
Growth and dividend
Revenue growth4% · Above median
Dividend yield (TTM)1.2% · Bottom 25%
Balance sheet
Debt / equity2.40× · Highest 25%
Valuation Multiples vs Grocery Stores median · lower = cheaper
P/E (TTM)37.3× · Priciest 25%
P/B5.21× · Priciest 25%
P/S (TTM)0.42× · Pricier than median
P/FCF8.5× · Pricier than median
EV/EBITDA5.7× · Cheaper than median
PEG1.30× · Cheaper than median
What the price implies (reverse DCF)
The inverse question: what free-cash-flow growth must George Weston Limited deliver for ten years so that today's price is fair in our DCF model? Same formula, same discount rate as the fair value.
Implied FCF growth, 10 years+0.7 % per year
Achieved revenue growth, 5 years+3.9 % p.a.
Sector median revenue growth+2.9 %
FCF yield on price8.28 %
Discount rate (WACC) in the models7.9 %
The price demands less growth than the company recently delivered: even a weaker business would justify the price. Ranking of the largest stocks →
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
This stockSector peers
VALUE95· sector 39
FUTURE21· sector 17
PAST78· sector 50
HEALTH0· sector 92
DIVIDEND23· sector 52
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
None of the checked exposures detected
Similar stocks
10 more Grocery Stores stocks, each showing price versus our Fair Value estimate (as of Sep 3, 2026).
Is George Weston Limited (WN) overvalued or undervalued?
As of Sep 3, 2026, our model estimates a fair value of C$147.70 versus a price of C$100.82, about +47% upside (undervalued).
What is the fair value of WN?
Our model-based fair value for George Weston Limited is C$147.70 (as of Sep 3, 2026), built from audited fundamentals. The current price: C$100.82.
What is the quality score of WN?
George Weston Limited has a Quality Score of 64/100. 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 George Weston Limited (WN)?
Our model-based price target is the fair value of C$147.70 (as of Sep 3, 2026) from 23 valuation models. Cautious scenario C$81.39, optimistic scenario C$217.04. It is a calculation from audited fundamentals, not an analyst target.
What is the George Weston Limited stock forecast for 2026?
Our models put fair value at C$147.70, about +47% upside versus a price of C$100.82 (undervalued). Cautious scenario C$81.39, optimistic scenario C$217.04. The calculation is refreshed regularly with new filings.
What is the revenue of George Weston Limited (WN)?
George Weston Limited reported trailing-twelve-month revenue of about C$65.1B (latest available figure, as of Sep 3, 2026).
What is the net profit margin of WN?
The net profit margin of George Weston Limited is about 1.8%, meaning it keeps roughly 1.8% of revenue as net income. Based on the latest reported figures.
Does George Weston Limited pay a dividend?
George Weston Limited currently shows a dividend yield of about 1.16% relative to its recent price (as of Sep 3, 2026).
What growth is priced into George Weston Limited (WN)?
For today's price to be fair in a discounted-cash-flow model, George Weston Limited would have to grow free cash flow by +0.7 % per year for ten years (discount rate 7.9 %, then 2 % perpetual growth). Over the last 5 years revenue grew +3.9 % per year. As of Sep 3, 2026.
What discount rate (WACC) does the fair value of WN use?
Our models discount George Weston Limited at 7.9 %: a base by market capitalisation (large), damped by beta 0.51, country premium for Canada. The same rate applies in all 26 models.
What is the intrinsic value of George Weston Limited (WN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For George Weston Limited it is C$147.70 per share (as of Sep 3, 2026), against a price of C$100.82. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is George Weston Limited stock overvalued or undervalued in 2026?
As of Sep 3, 2026, WN trades below its calculated fair value: price C$100.82, fair value C$147.70, a gap of about +47% (undervalued). 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 WN?
No. The price is what the market pays today (C$100.82); the fair value is what the company's own numbers justify (C$147.70). For George Weston Limited the two are C$46.88 per share apart. That gap is exactly why we show both numbers side by side.
How much is George Weston Limited worth?
The market values George Weston Limited at about C$38.1B (market capitalisation, as of Sep 3, 2026). Per share that is C$100.82; our models calculate a fair value of C$147.70 per share.
What do the bullish and bearish scenarios say about WN?
Our models span a range for George Weston Limited: cautious scenario C$81.39, base C$147.70, optimistic C$217.04 per share (as of Sep 3, 2026, price C$100.82). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of WN?
George Weston Limited trades at a price-to-earnings ratio of 37.3 (as of Sep 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of C$147.70 is built from several models across several years. Other multiples: PEG 1.3, P/B 5.2, P/S 0.4, EV/EBITDA 5.7.
What is the PEG ratio of WN?
The PEG ratio of George Weston Limited is 1.30 (P/E divided by earnings growth, as of Sep 3, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of George Weston Limited (WN)?
Balance-sheet figures for George Weston Limited (as of Sep 3, 2026): return on equity 19.4%, debt of 2.40 per unit of equity. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is WN from its 52-week high?
George Weston Limited trades at C$100.82, about 3% below its 52-week high of C$104.18 and 23% above the low of C$82.25 (as of Sep 3, 2026). Distance from the high says nothing about value: that is what the fair value of C$147.70 is for.
Which stocks are comparable to George Weston Limited?
From the same area (Consumer Defensive) we also value Loblaw Companies Limited, Koninklijke Ahold Delhaize N.V, The Kroger Co, Woolworths Group, 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 George Weston Limited stock attractive at the current price?
The data as of Sep 3, 2026: price C$100.82, calculated fair value C$147.70 (+47%), Quality Score 64/100, 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 WN calculated?
We run George Weston Limited 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 C$147.70, with the spread shown as a cautious and an optimistic scenario.
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