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WMT - Walmart Inc.

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Walmart Inc.

WMT

NYSE

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. The company offers grocery and consumables, including dairy, meat, bakery, deli, produce, dry, chilled or frozen packaged foods, alcoholic and nonalcoholic beverages, floral, snack foods, candy, other grocery items, health and beauty aids, paper goods, laundry and home care, baby care, pet supplies, and other consumable items; fuel, tobacco and other categories. It is also involved in the provision of health and wellness products covering pharmacy, optical and hearing services, and over-the-counter drugs and other medical products; and home and apparel including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, seasonal items, mattresses and tire and battery centers. In addition, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Further, it operates digital payment platforms; and 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. Additionally, the company markets lines of merchandise under private brands, including Allswell, Athletic Works, Equate, and Free Assembly. 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.

98.75 USD

1.34 (1.36%)

Operating Data

Year

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

Revenue

559.15B

572.75B

611.29B

648.13B

680.99B

715.47B

751.7B

789.77B

829.77B

871.79B

Revenue %

-

2.43

6.73

6.03

5.07

5.06

5.06

5.06

5.06

Ebitda

34.03B

36.6B

30.09B

38.87B

29.35B

39.64B

41.65B

43.76B

45.98B

48.31B

Ebitda %

6.09

6.39

4.92

6

4.31

5.54

5.54

5.54

5.54

Ebit

22.88B

25.94B

19.14B

27.01B

29.04B

28.88B

30.35B

31.88B

33.5B

35.19B

Ebit %

4.09

4.53

3.13

4.17

4.26

4.04

4.04

4.04

4.04

Depreciation

11.15B

10.66B

10.95B

11.85B

311M

10.76B

11.31B

11.88B

12.48B

13.11B

Depreciation %

1.99

1.86

1.79

1.83

0.05

1.5

1.5

1.5

1.5

Balance Sheet

Year

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

Total Cash

17.74B

14.76B

8.63B

9.87B

9.04B

14.32B

15.05B

15.81B

16.61B

17.45B

Total Cash %

3.17

2.58

1.41

1.52

1.33

2

2

2

2

Receivables

6.52B

8.28B

7.93B

8.8B

9.97B

9.63B

10.12B

10.63B

11.17B

11.74B

Receivables %

1.17

1.45

1.3

1.36

1.46

1.35

1.35

1.35

1.35

Inventories

44.95B

56.51B

56.58B

54.89B

56.44B

62.84B

66.03B

69.37B

72.88B

76.57B

Inventories %

8.04

9.87

9.26

8.47

8.29

8.78

8.78

8.78

8.78

Payable

49.14B

55.26B

53.74B

56.81B

58.67B

63.83B

67.07B

70.46B

74.03B

77.78B

Payable %

8.79

9.65

8.79

8.77

8.61

8.92

8.92

8.92

8.92

Cap Ex

-10.26B

-13.11B

-16.86B

-20.61B

-

-14.4B

-15.13B

-15.89B

-16.7B

-17.54B

Cap Ex %

-1.84

-2.29

-2.76

-3.18

-

-2.01

-2.01

-2.01

-2.01

Weighted Average Cost Of Capital

Price

98.75

Beta

Diluted Shares Outstanding

8.08B

Costof Debt

4.54

Tax Rate

After Tax Cost Of Debt

3.35

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

60.11B

Total Equity

798B

Total Capital

858.11B

Debt Weighting

7.01

Equity Weighting

92.99

Wacc

6.91

Build Up Free Cash Flow

Year

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

Revenue

559.15B

572.75B

611.29B

648.13B

680.99B

715.47B

751.7B

789.77B

829.77B

871.79B

Ebitda

34.03B

36.6B

30.09B

38.87B

29.35B

39.64B

41.65B

43.76B

45.98B

48.31B

Ebit

22.88B

25.94B

19.14B

27.01B

29.04B

28.88B

30.35B

31.88B

33.5B

35.19B

Tax Rate

26.12

26.12

26.12

26.12

26.12

26.12

26.12

26.12

26.12

26.12

Ebiat

15.03B

18.97B

13.14B

19.18B

21.45B

20.35B

21.38B

22.47B

23.6B

24.8B

Depreciation

11.15B

10.66B

10.95B

11.85B

311M

10.76B

11.31B

11.88B

12.48B

13.11B

Receivables

6.52B

8.28B

7.93B

8.8B

9.97B

9.63B

10.12B

10.63B

11.17B

11.74B

Inventories

44.95B

56.51B

56.58B

54.89B

56.44B

62.84B

66.03B

69.37B

72.88B

76.57B

Payable

49.14B

55.26B

53.74B

56.81B

58.67B

63.83B

67.07B

70.46B

74.03B

77.78B

Cap Ex

-10.26B

-13.11B

-16.86B

-20.61B

-

-14.4B

-15.13B

-15.89B

-16.7B

-17.54B

Ufcf

13.59B

9.32B

5.99B

14.32B

20.89B

15.82B

17.13B

17.99B

18.91B

19.86B

Wacc

6.91

6.91

6.91

6.91

6.91

Pv Ufcf

14.8B

14.98B

14.73B

14.47B

14.22B

Sum Pv Ufcf

73.2B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

6.91

Free Cash Flow T1

20.06B

Terminal Value

339.38B

Present Terminal Value

242.98B

Intrinsic Value

Enterprise Value

316.18B

Net Debt

51.08B

Equity Value

265.1B

Diluted Shares Outstanding

8.08B

Equity Value Per Share

32.81

Projected DCF

32.81 -2.01%

DCF Levered

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