Warner Bros. Discovery, Inc.

SWX:WBD Stock Report

Market Cap: CHF 53.4b

Warner Bros. Discovery Valuation

Is WBD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of WBD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: WBD (CHF21.39) is trading below our estimate of future cash flow value (CHF25.44)

Significantly Below Future Cash Flow Value: WBD is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WBD?

Key metric: As WBD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WBD. This is calculated by dividing WBD's market cap by their current earnings.
What is WBD's PE Ratio?
PE Ratio141.9x
EarningsUS$489.00m
Market CapUS$69.40b

Price to Earnings Ratio vs Peers

How does WBD's PE Ratio compare to its peers?

The above table shows the PE ratio for WBD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.9x
SPOT Spotify Technology
34.9x16.11%US$100.3b
UMG Universal Music Group
14.2x-6.58%€37.0b
LYV Live Nation Entertainment
111.6x41.91%US$35.1b
DIS Walt Disney
14.8x3.25%US$191.5b
WBD Warner Bros. Discovery
141.9x-36.19%CHF 69.4b

Price-To-Earnings vs Peers: WBD is expensive based on its Price-To-Earnings Ratio (141.9x) compared to the peer average (49.7x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does WBD's PE Ratio compare vs other companies in the European Entertainment Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
WBD 141.9xIndustry Avg. 12.9xNo. of Companies11PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WBD is expensive based on its Price-To-Earnings Ratio (141.9x) compared to the European Entertainment industry average (12.9x).

Price to Earnings Ratio vs Fair Ratio

What is WBD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WBD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio141.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate WBD's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst WBD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 21.39
CHF 21.99
+2.83%
11.59%CHF 26.83CHF 16.86n/a14
Feb ’27CHF 21.37
CHF 21.88
+2.39%
11.75%CHF 26.92CHF 16.92n/a15
Jan ’27CHF 22.83
CHF 21.59
-5.43%
13.67%CHF 27.73CHF 15.85n/a15
Dec ’26CHF 18.44
CHF 18.07
-2.00%
20.36%CHF 24.13CHF 8.04n/a21
Nov ’26n/a
CHF 16.83
0%
23.36%CHF 24.07CHF 8.02n/a21
Oct ’26n/a
CHF 12.39
0%
24.43%CHF 19.10CHF 7.96n/a20
Sep ’26n/a
CHF 11.85
0%
22.43%CHF 19.37CHF 8.07n/a21
Aug ’26n/a
CHF 11.70
0%
25.73%CHF 19.32CHF 8.05n/a21
Jul ’26n/a
CHF 11.10
0%
28.91%CHF 19.02CHF 7.13n/a22
Jun ’26n/a
CHF 11.20
0%
28.76%CHF 19.75CHF 7.40n/a25
May ’26n/a
CHF 10.96
0%
27.09%CHF 19.81CHF 5.78n/a24
Apr ’26n/a
CHF 11.96
0%
22.29%CHF 19.40CHF 7.94n/a24
Mar ’26n/a
CHF 11.97
0%
23.48%CHF 19.86CHF 8.13n/a25
Feb ’26n/a
CHF 11.55
0%
26.34%CHF 20.01CHF 7.45CHF 21.3725
Jan ’26n/a
CHF 11.33
0%
26.71%CHF 19.76CHF 7.35CHF 22.8325
Dec ’25n/a
CHF 10.40
0%
27.53%CHF 19.40CHF 7.22CHF 18.4425
Nov ’25n/a
CHF 9.12
0%
34.53%CHF 19.00CHF 5.18n/a27
Oct ’25n/a
CHF 8.97
0%
34.81%CHF 18.62CHF 5.08n/a27
Sep ’25n/a
CHF 8.91
0%
35.03%CHF 18.53CHF 5.05n/a27
Aug ’25n/a
CHF 10.17
0%
35.46%CHF 20.97CHF 6.12n/a27
Jul ’25n/a
CHF 10.88
0%
33.45%CHF 21.47CHF 6.26n/a27
Jun ’25n/a
CHF 11.38
0%
33.02%CHF 21.89CHF 6.38n/a26
May ’25n/a
CHF 12.27
0%
30.17%CHF 22.06CHF 6.43n/a26
Apr ’25n/a
CHF 12.41
0%
27.68%CHF 21.71CHF 7.69n/a25
Mar ’25n/a
CHF 12.19
0%
29.18%CHF 21.20CHF 6.18n/a24
Feb ’25n/a
CHF 13.23
0%
26.71%CHF 20.71CHF 7.76n/a24
CHF 21.93
Fair Value
2.5% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/12 12:19
End of Day Share Price 2026/02/12 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Warner Bros. Discovery, Inc. is covered by 53 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
Pierre-Marie D'OrnanoArete Research Services LLP
Joseph BonnerArgus Research Company