| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
WDFC Stock Overview
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
WD-40 Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$228.12 |
| 52 Week High | US$333.42 |
| 52 Week Low | US$207.11 |
| Beta | -0.22 |
| 1 Month Change | -9.76% |
| 3 Month Change | 4.63% |
| 1 Year Change | -21.05% |
| 3 Year Change | 32.22% |
| 5 Year Change | 117.98% |
| Change since IPO | 1,282.55% |
Recent News & Updates
WD-40 (NASDAQ:WDFC) Is Paying Out A Larger Dividend Than Last Year
The board of WD-40 Company ( NASDAQ:WDFC ) has announced that it will be increasing its dividend on the 31st of January...
WD-40 (NASDAQ:WDFC) Knows How To Allocate Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
WD-40 Company: Even An Excellent Firm Is Only Worth So Much
WD-40 Company is truly an excellent business and its long-term prospects are promising. The overall risk for shareholders is limited, but there is a substantial risk of underperformance. This is due to the fact that shares of the firm are incredibly pricey at this time.
Shareholder Returns
| WDFC | US Household Products | US Market | |
|---|---|---|---|
| 7D | -10.5% | 1.4% | -4.0% |
| 1Y | -21.0% | 17.6% | 6.6% |
Return vs Industry: WDFC underperformed the US Household Products industry which returned 17.2% over the past year.
Return vs Market: WDFC underperformed the US Market which returned 7.7% over the past year.
Price Volatility
| WDFC volatility | |
|---|---|
| WDFC Average Weekly Movement | 5.3% |
| Household Products Industry Average Movement | 3.5% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: WDFC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WDFC's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | 540 | Garry Ridge | https://www.wd40company.com |
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name; and specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand, as well as various products under the WD-40 Bike brand name. It also offers multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike market under the GT85 brand name.
WD-40 Fundamentals Summary
| WDFC fundamental statistics | |
|---|---|
| Market Cap | US$3.12b |
| Earnings (TTM) | US$64.93m |
| Revenue (TTM) | US$498.30m |
48.1x
P/E Ratio6.3x
P/S RatioIs WDFC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WDFC income statement (TTM) | |
|---|---|
| Revenue | US$498.30m |
| Cost of Revenue | US$236.33m |
| Gross Profit | US$261.96m |
| Expenses | US$197.03m |
| Earnings | US$64.93m |
Last Reported Earnings
Nov 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.74 |
| Gross Margin | 52.57% |
| Net Profit Margin | 13.03% |
| Debt/Equity Ratio | 57.2% |
How did WDFC perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield62%
Payout RatioValuation
Is WD-40 undervalued compared to its fair value and its price relative to the market?
48.09x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WDFC ($228.62) is trading above our estimate of fair value ($108.48)
Significantly Below Fair Value: WDFC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WDFC is poor value based on its PE Ratio (48.2x) compared to the US Household Products industry average (29.3x).
PE vs Market: WDFC is poor value based on its PE Ratio (48.2x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: WDFC is poor value based on its PEG Ratio (4.6x)
Price to Book Ratio
PB vs Industry: WDFC is overvalued based on its PB Ratio (15.8x) compared to the US Household Products industry average (6.6x).
Future Growth
How is WD-40 forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
10.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WDFC's forecast earnings growth (10.6% per year) is above the savings rate (2%).
Earnings vs Market: WDFC's earnings (10.6% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: WDFC's earnings are forecast to grow, but not significantly.
Revenue vs Market: WDFC's revenue (6.1% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: WDFC's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WDFC's Return on Equity is forecast to be high in 3 years time
Past Performance
How has WD-40 performed over the past 5 years?
6.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WDFC has high quality earnings.
Growing Profit Margin: WDFC's current net profit margins (13%) are lower than last year (16.5%).
Past Earnings Growth Analysis
Earnings Trend: WDFC's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: WDFC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WDFC had negative earnings growth (-9.6%) over the past year, making it difficult to compare to the Household Products industry average (-2.6%).
Return on Equity
High ROE: WDFC's Return on Equity (32.8%) is considered high.
Financial Health
How is WD-40's financial position?
Financial Position Analysis
Short Term Liabilities: WDFC's short term assets ($233.3M) exceed its short term liabilities ($81.1M).
Long Term Liabilities: WDFC's short term assets ($233.3M) exceed its long term liabilities ($142.0M).
Debt to Equity History and Analysis
Debt Level: WDFC's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: WDFC's debt to equity ratio has reduced from 104.7% to 57.2% over the past 5 years.
Debt Coverage: WDFC's debt is well covered by operating cash flow (52.7%).
Interest Coverage: WDFC's interest payments on its debt are well covered by EBIT (35.8x coverage).
Balance Sheet
Dividend
What is WD-40 current dividend yield, its reliability and sustainability?
1.37%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WDFC's dividend (1.36%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: WDFC's dividend (1.36%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: WDFC's dividends per share have been stable in the past 10 years.
Growing Dividend: WDFC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.1%), WDFC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.9yrs
Average management tenure
CEO
Garry Ridge (65 yo)
24.25yrs
Tenure
US$3,729,888
Compensation
Mr. Garry O. Ridge serves as Chairman of the Board at WD-40 Company since December 10, 2019. He has been the Chief Executive Officer at WD-40 Company since October 1, 1997 and served as its President from...
CEO Compensation Analysis
Compensation vs Market: Garry's total compensation ($USD3.73M) is about average for companies of similar size in the US market ($USD5.15M).
Compensation vs Earnings: Garry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: WDFC's management team is seasoned and experienced (11.9 years average tenure).
Board Members
Experienced Board: WDFC's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WDFC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
WD-40 Company's employee growth, exchange listings and data sources
Key Information
- Name: WD-40 Company
- Ticker: WDFC
- Exchange: NasdaqGS
- Founded: 1953
- Industry: Household Products
- Sector: Household
- Implied Market Cap: US$3.122b
- Shares outstanding: 13.69m
- Website: https://www.wd40company.com
Number of Employees
Location
- WD-40 Company
- 9715 Businesspark Avenue
- San Diego
- California
- 92131
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:37 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/11/30 |
| Annual Earnings | 2021/08/31 |
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 here.