Williams-Sonoma, Inc.

WSM · Consumer Cyclical · Specialty Retail · Valued as of 2026-11-03 · Statements 2026-01-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

7.53B USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

9.04B USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

8.96B USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

8.51B USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

27.51B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.31×

the ratio the screener ranks by

Margin of Safety

-223.3%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 7.53B USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)8.03B USD
−②Net Debt Today499.51M USD
+③Growth Value0 USD
=Value7.53B USD

EPV of the Operations (NOPAT over WACC)

8.03B USD

Net debt today

-499.51M USD

Growth Value

0 USD

Value

7.53B USD

①EPV (earnings power value)

8.03B USD

②Net Debt Today

499.51M USD

③Growth Value

0 USD

Market value

Market Cap27.51B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-265.3%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 9.04B USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE8.20B USD
+②Equity at Year 15, Today832.55M USD
=Value9.04B USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment falling to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

8.20B USD

②Equity at Year 15, Today

832.55M USD

Market value

Market Cap27.51B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-204.5%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 8.96B USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF8.35B USD
+②Invested Capital at Year 15, Today1.11B USD
−③Net Debt Today499.51M USD
=Value8.96B USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROIC on new investment falling to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

8.35B USD

②Invested Capital at Year 15, Today

1.11B USD

③Net Debt Today

499.51M USD

Market value

Market Cap27.51B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-206.9%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 12.79%
Cost of Equity =Risk-Free Rate 4.50%+Beta 1.46×Market Risk Premium 6.00%= 13.28%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 364.49M USDPretax Income 1.45B USD= 25.07%

The tax the interest saves.

Interest Expense =EBIT 1,417.14M USD−Pretax Income 1,454.01M USD= —

The interest the company paid: EBIT is the profit before tax plus the interest.

No interest is read: it needs debt and an EBIT above the profit before tax, the gap between them being the interest. Without it the cost of debt takes the 4% default.

Cost of Debt 4.00% (default): with no debt or no interest read, the 4% default after tax stands for what the lenders are paid a year.

Debt Weight =Total Debt 1.53B USDMarket Cap + Total Debt 27.51B USD + 1.53B USD= 5.27%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 94.73%×Cost of Equity 13.28%+Debt Weight 5.27%×Cost of Debt 4.00%= 12.79%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-07-31.

Total Assets 5.51B USD − Total Liabilities 3.37B USD = Book Value Today 2.14B USD

Total Debt 1.53B USD − Cash and Short-Term Investments 1.03B USD = Net Debt Today 499.51M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 1-8.2%at most 5%passes117,779,000 / 128,302,000
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets4.1%at least -10.0%passes(1.32B USD − 1.09B USD) ÷ 5.51B USD
Price to bookMarket Cap ÷ Book Value Today12.84×at most 3×does not pass27.51B USD ÷ 2.14B USD
Operating marginOperating Income ÷ Revenue18.1%above 10.0%passes1.42B USD ÷ 7.81B USD
Revenue growthRevenue ÷ Revenue a Year Before − 11.2%above 10.0%does not pass7.81B USD / 7.72B USD
Net cash(Cash − Total Debt) ÷ Market Cap-1.8%above -30%passes(1.03B USD − 1.53B USD) ÷ 27.51B USD
Operating efficiencyOperating Income ÷ Gross Profit39.3%above 25.0%passes1.42B USD ÷ 3.61B USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

233.62 USD

Enterprise value

28.02B USD

the provider's own figure

EV / EBITDA

16.86×

Price / book

14.70×

the provider's book

Price / earnings

23.36×

Return on equity

55.0%

the provider's figure, not this page's

Profit margin

14.7%

Revenue growth

6.7%

Analyst target, mean

248.10 USD

Analysts

20

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

USD2023202420252026
Income statement

Revenue

8.68B7.76B7.72B7.81B

Gross profit

3.68B3.31B3.59B3.61B

Operating income

1.50B1.25B1.43B1.42B

EBITDA

operating income before depreciation and amortisation

1.71B1.48B1.66B1.65B

Pretax income

1.50B1.27B1.49B1.45B

Net income

1.13B950.71M1.13B1.09B

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

1.13B950.71M1.13B1.09B

R&D

————
Balance sheet, year end

Total assets

4.67B5.28B5.31B5.42B

Total liabilities

2.96B3.15B3.16B3.33B

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

1.70B2.13B2.14B2.08B

Total debt

1.45B1.39B1.35B1.46B

Cash and equivalents

367.71M1.26B1.21B1.02B

Net PP&E

fixed assets after depreciation

2.35B2.25B2.21B2.37B

Working capital

current assets less current liabilities

400.03M840.32M843.48M759.82M
Cash flow

Operating cash flow

1.05B1.68B1.36B1.32B

Capital expenditure

paid out, so below zero

-354.47M-188.65M-221.79M-259.70M

Depreciation and amortisation

214.37M232.82M230.03M231.68M

Free cash flow

operating cash flow plus capital expenditure

699.40M1.49B1.14B1.06B