The Sherwin-Williams Company

BMV:SHW * Stock Report

Market Cap: Mex$1.9t

Sherwin-Williams Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
Mex$5.05k
Fair Value
47.3% overvalued intrinsic discount
23
Number of Analysts

Below Fair Value: SHW * (MX$7438.93) is trading above our estimate of fair value (MX$5049.12)

Significantly Below Fair Value: SHW * is trading above our estimate of fair value.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SHW *. This is calculated by dividing SHW *'s market cap by their current earnings.
What is SHW *'s PE Ratio?
PE Ratio33.6x
EarningsUS$2.68b
Market CapUS$90.15b

Price to Earnings Ratio vs Peers

How does SHW *'s PE Ratio compare to its peers?

The above table shows the PE ratio for SHW * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.3x
GMEXICO B Grupo México. de
11.2x6.2%Mex$832.1b
ECL Ecolab
35x6.5%US$69.6b
4063 Shin-Etsu Chemical
17x9.4%JP¥9.5t
SIKA Sika
30.1x7.9%CHF 37.5b
SHW * Sherwin-Williams
33.6x7.3%Mex$90.1b

Price-To-Earnings vs Peers: SHW * is expensive based on its Price-To-Earnings Ratio (33.6x) compared to the peer average (23.1x).


Price to Earnings Ratio vs Industry

How does SHW *'s PE Ratio compare vs other companies in the Global Chemicals Industry?

27 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies188PE01632486480+
27 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SHW * is expensive based on its Price-To-Earnings Ratio (33.6x) compared to the Global Chemicals industry average (21.1x).


Price to Earnings Ratio vs Fair Ratio

What is SHW *'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.

SHW * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.6x
Fair PE Ratio16.6x

Price-To-Earnings vs Fair Ratio: SHW * is expensive based on its Price-To-Earnings Ratio (33.6x) compared to the estimated Fair Price-To-Earnings Ratio (16.6x).


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 SHW * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentMex$7,438.93
Mex$7,938.27
+6.7%
13.4%Mex$8,869.91Mex$5,095.04n/a23
Feb ’26Mex$7,446.65
Mex$7,990.75
+7.3%
13.8%Mex$9,220.22Mex$5,117.74n/a23
Jan ’26Mex$7,030.74
Mex$7,802.72
+11.0%
15.0%Mex$9,084.96Mex$4,885.69n/a23
Dec ’25Mex$8,059.00
Mex$7,748.12
-3.9%
12.8%Mex$8,920.89Mex$4,797.46n/a23
Nov ’25Mex$7,288.00
Mex$7,741.96
+6.2%
12.7%Mex$8,933.67Mex$4,804.33n/a23
Oct ’25Mex$7,508.38
Mex$7,347.20
-2.1%
12.4%Mex$8,367.40Mex$4,587.30n/a24
Sep ’25Mex$7,253.00
Mex$7,234.17
-0.3%
11.6%Mex$8,368.55Mex$4,587.93n/a24
Aug ’25Mex$6,483.00
Mex$6,778.50
+4.6%
11.3%Mex$7,838.00Mex$4,369.03n/a24
Jul ’25Mex$5,440.00
Mex$6,212.00
+14.2%
12.3%Mex$7,346.12Mex$4,022.00n/a24
Jun ’25Mex$5,035.87
Mex$5,754.76
+14.3%
12.5%Mex$6,782.84Mex$3,713.60n/a24
May ’25Mex$5,150.00
Mex$5,775.68
+12.1%
12.1%Mex$6,829.64Mex$3,739.23n/a25
Apr ’25n/a
Mex$5,530.86
0%
13.8%Mex$6,682.93Mex$3,557.58n/a24
Mar ’25Mex$5,634.00
Mex$5,500.27
-2.4%
11.3%Mex$6,314.64Mex$3,652.25n/a24
Feb ’25Mex$5,280.50
Mex$5,464.25
+3.5%
11.1%Mex$6,200.10Mex$3,685.62Mex$7,446.6523
Jan ’25Mex$5,212.90
Mex$5,097.13
-2.2%
11.6%Mex$6,131.63Mex$3,644.91Mex$7,030.7424
Dec ’24Mex$4,737.90
Mex$4,964.17
+4.8%
9.9%Mex$5,713.49Mex$3,705.11Mex$8,059.0024
Nov ’24Mex$4,322.35
Mex$5,047.04
+16.8%
9.7%Mex$5,878.06Mex$3,811.83Mex$7,288.0024
Oct ’24Mex$4,500.00
Mex$5,190.01
+15.3%
8.4%Mex$5,752.23Mex$3,677.94Mex$7,508.3824
Sep ’24Mex$4,676.25
Mex$4,956.79
+6.0%
9.3%Mex$5,529.22Mex$3,535.35Mex$7,253.0025
Aug ’24Mex$4,730.00
Mex$4,969.97
+5.1%
9.4%Mex$5,564.23Mex$3,557.73Mex$6,483.0025
Jul ’24Mex$4,469.62
Mex$4,412.72
-1.3%
8.9%Mex$4,964.66Mex$3,441.02Mex$5,440.0025
Jun ’24Mex$4,164.90
Mex$4,513.49
+8.4%
8.7%Mex$5,129.64Mex$3,555.37Mex$5,035.8724
May ’24Mex$4,124.00
Mex$4,562.08
+10.6%
8.9%Mex$5,199.29Mex$3,603.65Mex$5,150.0024
Apr ’24Mex$3,805.20
Mex$4,498.09
+18.2%
9.9%Mex$5,226.50Mex$3,604.48n/a24
Mar ’24Mex$3,969.52
Mex$4,566.46
+15.0%
9.9%Mex$5,329.07Mex$3,675.22Mex$5,634.0026
Feb ’24Mex$4,466.00
Mex$4,698.31
+5.2%
10.2%Mex$5,648.85Mex$3,765.90Mex$5,280.5027
Analyst Price Target
Consensus Narrative from 23 Analysts
Mex$7.97k
Fair Value
6.7% undervalued intrinsic discount
23
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 Analysis2025/02/11 04:29
End of Day Share Price 2025/02/06 00:00
Earnings2024/12/31
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

The Sherwin-Williams Company is covered by 51 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Ghansham PanjabiBaird
Ishan MajumdarBaptista Research