| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
W Overview
Wayfair Inc. engages in the e-commerce business in the United States and internationally.
Wayfair Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$275.00 |
| 52 Week High | US$221.09 |
| 52 Week Low | US$369.00 |
| Beta | 3.09 |
| 1 Month Change | -3.86% |
| 3 Month Change | -14.46% |
| 1 Year Change | -3.12% |
| 3 Year Change | 88.85% |
| 5 Year Change | 597.26% |
| Change since IPO | 629.06% |
Recent News & Updates
Shareholder Returns
| W | US Online Retail | US Market | |
|---|---|---|---|
| 7D | -1.0% | -2.0% | -0.5% |
| 1Y | -3.1% | -1.7% | 37.5% |
Return vs Industry: W matched the US Online Retail industry which returned -2.3% over the past year.
Return vs Market: W underperformed the US Market which returned 36.2% over the past year.
Price Volatility
| W volatility | |
|---|---|
| W Beta | 3.09 |
| Industry Beta | 1.09 |
| Market Beta | 1 |
Stable Share Price: W is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: W's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 16,122 | Niraj Shah | https://www.wayfair.com |
Wayfair Inc. engages in the e-commerce business in the United States and internationally. It provides approximately twenty-two million products for the home sector under various brands. The company offers online selections of furniture, décor, housewares, and home improvement products through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold brands.
Wayfair Fundamentals Summary
| W fundamental statistics | |
|---|---|
| Market Cap | US$28.84b |
| Earnings (TTM) | US$345.65m |
| Revenue (TTM) | US$14.85b |
82.7x
P/E Ratio1.9x
P/S RatioIs W overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| W income statement (TTM) | |
|---|---|
| Revenue | US$14.85b |
| Cost of Revenue | US$10.50b |
| Gross Profit | US$4.34b |
| Expenses | US$4.00b |
| Earnings | US$345.65m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.45 |
| Gross Margin | 29.26% |
| Net Profit Margin | 2.33% |
| Debt/Equity Ratio | -197.7% |
How did W perform over the long term?
See historical performance and comparisonValuation
Is Wayfair undervalued compared to its fair value and its price relative to the market?
44.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: W ($275) is trading below our estimate of fair value ($498.54)
Significantly Below Fair Value: W is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: W is poor value based on its PE Ratio (82.7x) compared to the US Online Retail industry average (34.4x).
PE vs Market: W is poor value based on its PE Ratio (82.7x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: W is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: W has negative assets, so we can't compare its PB Ratio to the US Online Retail industry average.
Future Growth
How is Wayfair forecast to perform in the next 1 to 3 years based on estimates from 29 analysts?
56.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: W's forecast earnings growth (56.3% per year) is above the savings rate (2%).
Earnings vs Market: W's earnings (56.3% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: W's revenue (15.1% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: W's revenue (15.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: W's Return on Equity is forecast to be very high in 3 years time (165%).
Past Performance
How has Wayfair performed over the past 5 years?
2.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: W has high quality earnings.
Growing Profit Margin: W became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: W has become profitable over the past 5 years, growing earnings by 2.3% per year.
Accelerating Growth: W has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: W has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (57.3%).
Return on Equity
High ROE: W's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Financial Health
How is Wayfair's financial position?
Financial Position Analysis
Short Term Liabilities: W has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: W has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: W has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: W's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: W's debt is well covered by operating cash flow (32.5%).
Interest Coverage: W's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
Dividend
What is Wayfair current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate W's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate W's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if W's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if W's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of W's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Niraj Shah (47 yo)
19.67yrs
Tenure
US$83,274
Compensation
Mr. Niraj S. Shah Co-Founded ZIZO Home Pty Ltd. in 2008 and serves as its Chief Executive Officer and Co-Chairman. He serves as Member of Strategic Advisory Board at Volition Capital LLC.He serves as a Me...
CEO Compensation Analysis
Compensation vs Market: Niraj's total compensation ($USD83.27K) is below average for companies of similar size in the US market ($USD11.36M).
Compensation vs Earnings: Niraj's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: W's management team is considered experienced (4.8 years average tenure).
Board Members
Experienced Board: W's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: W insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.9%.
Top Shareholders
Company Information
Wayfair Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Wayfair Inc.
- Ticker: W
- Exchange: NYSE
- Founded: 2002
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$28.840b
- Shares outstanding: 103.90m
- Website: https://www.wayfair.com
Number of Employees
Location
- Wayfair Inc.
- 4 Copley Place
- 7th Floor
- Boston
- Massachusetts
- 2116
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/23 23:04 |
| End of Day Share Price | 2021/09/23 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.