Is Wolverine World Wide, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Wolverine World Wide, Inc. moved from expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 35, an EV to EBITDA of 19.23, and a Price to Book Value of 6.30. In comparison, peers such as Kontoor Brands, Inc. have a P/E of 17.91, and Levi Strauss & Co. has a P/E of 14.44, indicating that Wolverine is priced higher than these competitors.
In terms of recent performance, Wolverine World Wide has outperformed the S&P 500 over the past year with a return of 52.07% compared to the S&P 500's 14.08%, although it has underperformed over the longer 3-year and 5-year periods. Overall, the company is positioned fairly within its industry, suggesting a stable outlook despite mixed historical performance.