EN DE

George Weston Limited (WN) Fair Value & Analysis

Consumer Defensive · CA · Market cap C$38.1B

GW George Weston Limited WN · TO
PriceC$102.12
Fair ValueC$63.61
Upside-37.7%
Quality66/100
Watch George Weston Limited for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 1.8% net margin
High debt · generates free cash flow
1.20% dividend yield
Mixed vs. peers (7/15)
Moderate moat 48/100
Evidence: Medium Range C$47.70 – C$79.51 Share as image

Fair value as of: Jul 12, 2026

From 23 valuation models · updated 26 days ago

Fair value updated Jul 12, 2026, revised from C$77.02 to C$63.61 (−17.4%) since Jun 24, 2026. Share price +2.8% over the past month.

A solid business, but screening 38% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (C$79.51). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

C$107.24 C$33.27 Fair Value C$63.61 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range C$33.27 – C$107.24 · fair‑value band C$47.70 – C$79.51 · the C$102.12 price screens above the C$63.61 fair value. Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

George Weston Limited (WN) currently trades at C$102.12, while our model-based Fair Value estimate is C$63.61, implying the stock looks roughly 37.7% overvalued today. We read business quality at 66/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: 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 Jul 12, 2026

Our scenario range runs from C$47.70 (bear case) to C$79.51 (bull case); at C$102.12, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation 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 2% below its 52-week high and 24% 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 -38%, WN screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF C$64.10 C$101.79 C$153.26 80
Residual Income C$19.79 C$26.33 C$114.88 76
Rev-Margin DCF C$88.61 C$158.34 C$232.65 74
All 23 models by family
DCF Models
FCF DCF C$61.43 C$101.98 C$159.83 38
Owner Earnings C$11.50 C$29.86 C$56.05 31
5Y Revenue Exit C$88.61 C$157.92 C$243.89 39
5Y EBITDA Exit C$122.94 C$218.99 C$326.86 41
5Y P/E Exit C$28.64 C$51.24 C$73.33 38
10Y Revenue Exit C$73.48 C$133.48 C$208.69 36
10Y EBITDA Exit C$99.04 C$174.76 C$269.17 37
10Y P/E Exit C$40.10 C$61.37 C$84.38 35
Earnings-Based
Graham-Dodd C$20.60 C$48.39 C$62.28 54
PEG = 1.0 C$8.31 C$11.87 C$15.43 46
EPV C$87.53 C$107.08 C$124.19 59
Multiples
P/E Multiple C$45.43 C$60.58 C$75.72 63
P/S Multiple C$38.62 C$51.49 C$64.36 58
P/B Multiple C$31.51 C$42.01 C$52.51 55
EV/EBIT C$181.98 C$252.58 C$323.17 53
EV/EBITDA C$184.70 C$256.20 C$327.70 54
EV/Revenue C$112.96 C$174.14 C$235.32 43
Asset-Based
NCAV (Graham) C$7.00 C$9.38 C$14.00 50
Growth DCF
Growth DCF C$64.10 C$101.79 C$153.26 80
Rev-Margin DCF C$88.61 C$158.34 C$232.65 74
Economic Profit
Residual Income C$19.79 C$26.33 C$114.88 76
ROIC Compounder C$92.23 C$118.76 C$146.53 72
Growth Earnings
Growth-Adj P/E C$34.50 C$49.29 C$64.08 68

Widest divergence: DCF Models (C$101.98) versus Asset-Based (C$9.38). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) C$65.1B
Revenue growth (YoY) +4.2%
Net margin 1.8%
Return on equity 19.4%
Free cash flow C$3.2B FY2025
P/E ratio 38.3
More key figures
Operating margin 7.9%
EPS (TTM) C$2.70
Dividend yield 1.2%
EPS growth (YoY) +30.8%
Net debt C$18.1B FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 59 · Market factors (momentum, volatility) 68

Profitability 58
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 24
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 100
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.

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.

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. growth/yr (3Y)
+4.2%
Avg. growth/yr (5Y)
+3.9%
Avg. growth/yr (30Y)
+5.5%
Revenue +4.7%/yr
FY21 C$53.7B
FY22 C$57.0B
FY23 C$60.1B
FY24 C$61.6B
FY25 C$64.5B
Net income +27.6%/yr
FY21 C$431M
FY22 C$1.8B
FY23 C$1.5B
FY24 C$1.4B
FY25 C$1.1B

WN screens 38% overvalued. Compare with Loblaw Companies Limited →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "George Weston Limited Fair Value". https://www.fairvalue-calculator.com/stock/WN

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Grocery Stores · 82 stocks

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.

Quality Score 66 · Top 25%
Fair Value upside −38% · Bottom 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 2% · Below median
Operating margin (TTM) 8% · Top 25%
Revenue growth 4% · Above median
Dividend yield (TTM) 1.2% · Below median
Debt / equity 2.40× · Higher than 75% of peers

Valuation Multiples vs Grocery Stores median · lower = cheaper

P/E (TTM) 37.4× · Pricier than 75% of peers
P/B 5.17× · Pricier than 75% of peers
P/S (TTM) 0.42× · Pricier than median
P/FCF 8.5× · Pricier than median
EV/EBITDA 5.6× · Cheaper than median
PEG 1.30× · Cheaper than median

Snowflake

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.

VALUE 0 · sector 34
FUTURE 21 · sector 17
PAST 78 · sector 51
HEALTH 0 · sector 92
DIVIDEND 24 · sector 47

VALUE 0: the price sits above our fair-value range.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Grocery Stores stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Loblaw Companies Limited L C$65.49 C$44.44 -32%
Koninklijke Ahold Delhaize N.V AD €36.30 €53.50 +47%
The Kroger Co KR $58.82 $28.19 -52%
Woolworths Group WOW A$39.20 A$13.40 -66%
Coles Group COL A$23.56 A$15.86 -33%
Metro Inc MRU C$93.64 C$94.01 +0%
Carrefour SA CA €16.40 €11.51 -30%
CP ALL Public Company TCPD 1.89 SGD 2.38 SGD +26%
BIM Birlesik Magazalar A.S., BIMAS 385.75 TRY 267.12 TRY -31%
Kesko Oyj KESKOA €19.94 €12.13 -39%

Compare George Weston Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is George Weston Limited (WN) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of C$63.61 versus a price of C$102.12, about −38% (overvalued).
What is the fair value of WN?
Our model-based fair value for George Weston Limited is C$63.61 (as of Jul 12, 2026), built from audited fundamentals. The current price is C$102.12.
What is the quality score of WN?
George Weston Limited has a Quality Score of 66/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
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 Jul 12, 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 1.20% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track George Weston Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.