John Wiley & Sons, Inc. (WLYB) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+104.7%

$106.57

vs $52.05 price

Levered DCF

$34.09

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.16

Grey zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	9.76×	27.85×	-10.41×	124.97×	19.83×	21.63×	-29.22×	15.66×
P/B	2.55×	3.12×	2.82×	2.06×	2.57×	2.94×	2.32×	2.23×
P/S	1.29×	1.4×	1.11×	1.07×	1.41×	1.65×	1.18×	1.46×
EV / EBITDA	7.05×	9.2×	74.26×	10.1×	8.58×	10.5×	21.33×	7.74×
Gross margin	71.1%	74.3%	69.0%	65.7%	66.4%	67.8%	67.7%	69.2%
Operating margin	17.7%	13.2%	2.8%	10.3%	10.5%	9.6%	10.6%	12.4%
Net margin	13.2%	5.0%	-10.7%	0.9%	7.1%	7.6%	-4.1%	9.3%
Current ratio	0.54×	0.54×	0.52×	0.6×	0.57×	0.53×	0.66×	0.56×
Debt / equity	0.91×	1.2×	1.2×	0.85×	0.82×	0.91×	1.02×	0.41×
Interest coverage	6.75×	4.21×	1.07×	5.54×	11.07×	10.09×	7.65×	10.76×
Dividend yield	3.4%	3.2%	3.7%	3.6%	2.6%	2.4%	3.5%	2.9%
Payout ratio	33.6%	90.4%	-38.4%	448.5%	52.1%	51.9%	-103.2%	45.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	26.1%	11.2%	-27.1%	1.6%	13.0%	13.6%	-8.0%	14.2%
Return on invested capital	16.1%	6.9%	2.8%	4.9%	6.3%	6.2%	8.5%	8.6%
Return on assets	8.6%	3.1%	-7.3%	0.6%	4.4%	4.3%	-2.3%	5.7%
Free cash flow yield	8.2%	5.1%	5.1%	7.9%	7.4%	7.1%	9.1%	6.2%
Earnings yield	10.3%	3.6%	-9.6%	0.8%	5.0%	4.6%	-3.4%	6.4%
Enterprise value	$2.9B	$3.2B	$2.9B	$2.9B	$3.8B	$4.1B	$2.9B	$3B
Net debt / EBITDA	1.71×	2.37×	20.65×	2.68×	1.91×	2.29×	5.51×	0.99×
Cash conversion cycle (days)	17	17	25	28	37	27	31	26