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WH Smith PLC (SMWH.L)

GBp404.20 +6.20 (+1.56%)
GB LSE Consumer Cyclical Specialty Retail
Address Greenbridge Road SN3 3RX
Swindon, GB
CEO Andrew Acquaah Harrison
IPO 2004-06-18
ISIN GB00B2PDGW16

Explore sections of this company profile

Also trades on London Stock Exchange · SMWH.L (GBp) Other OTC · WHTPF (USD)
Description

WH Smith PLC functions as a retail enterprise with a presence across the United Kingdom and globally. The company's operations are divided into two primary divisions: Travel and High Street. The Travel segment caters to customers on the move, offering a selection of news, books, and convenience products. By August 31, 2021, this segment managed 1,166 locations, predominantly situated in transportation hubs like airports, railway stations, and motorway service areas, as well as in hospitals and workplaces. The High Street segment, conversely, provides a diverse range of goods. It sells stationery items, which include greeting cards, general office supplies, art and craft materials, and gifts. Additionally, it stocks everyday essentials and impulse purchases such as newspapers, magazines, confectionery, and beverages, alongside various books. This division comprised 544 physical stores. Extending its reach online, the High Street segment also sells stationery, books, magazines, and gifts through whsmith.co.uk; personalized greeting cards and gifts are available via funkypigeon.com; pens are offered through cultpens.com; and personalized stationery products can be purchased from treeofhearts.co.uk and dottyaboutpaper.co.uk. Established in 1792, WH Smith PLC's corporate base is located in Swindon, United Kingdom.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
GBp404.20 +6.20 (+1.56%)
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Volume Profile
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Liquidity & share structure
Average Volume
773.8K
Beta
0.92
Float Shares
121.85M
Free Float %
97.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.10% -1.88% -3.04% -28.00% -27.84% -22.54% -51.94% -68.47% -72.04% -71.73% +36.74%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
404.20
DCF (Unlevered) 15,791.99 +3,807.0%
DCF (Levered) 26,682.48 +6,501.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 42% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 3 -1
Hold 7 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.53
Grey zone
Piotroski F-Score
4 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Specialty Retail: +6.4%
    -19.0% Q1'26: -19.2% (vs Q1'24)
  • EPS growth Specialty Retail: +20.6%
    -321.6% Q1'26: -269.2% (vs Q1'24)
  • FCF margin FCF growth · Specialty Retail: +29.3%
    +8.1% Q1'26: -6.7% (vs Q1'24)
  • EBIT margin Specialty Retail: +5.4%
    +3.2% Q1'26: +3.5% (vs Q1'24)
  • ROIC Specialty Retail: +6.5%
    +2.0% Q1'26: +7.5% (vs Q1'24)
  • Share dilution Specialty Retail: +0.1%
    -3.1% Q1'26: -4.6% (vs Q1'24)
  • Debt / EBITDA Net debt/EBITDA · Specialty Retail: 0.14×
    7.54× Q1'26: 2.81× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.92) × ERP
WACC = 31% × Ke + 69% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 15,791.99 Current price: 404.20
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Aug 2001
actual
Aug 2002
actual
Aug 2003
actual
Aug 2004
actual
Aug 2005
actual
Aug 2006
actual
Aug 2007
actual
Aug 2008
actual
Aug 2009
actual
Aug 2010
actual
Aug 2011
actual
Aug 2012
actual
Aug 2013
actual
Aug 2014
actual
Aug 2015
actual
Aug 2016
actual
Aug 2017
actual
Aug 2018
actual
Aug 2019
actual
Aug 2020
actual
Aug 2021
actual
Aug 2022
actual
Aug 2023
actual
Aug 2024
actual
Aug 2025
actual
Aug 2026
10 Rev. Ana.
8 EPS Ana.
Aug 2027
10 Rev. Ana.
8 EPS Ana.
Aug 2028
2 Rev. Ana.
7 EPS Ana.
Aug 2029
1 Rev. Ana.
6 EPS Ana.
Aug 2030
1 Rev. Ana.
6 EPS Ana.
Revenue
2.78B
est.
3.02B
est.
2.97B
est.
2.87B
est.
1.42B
est: 2.57B (-44.7%)
1.34B
est: 1.38B (-3.1%)
1.30B
est: 1.30B (+0.0%)
1.35B
est: 1.33B (+1.3%)
1.34B
est: 1.37B (-2.1%)
1.31B
est: 1.34B (-1.8%)
1.27B
est: 1.30B (-1.7%)
1.24B
est: 1.27B (-1.8%)
1.19B
est: 1.22B (-2.7%)
1.16B
est: 1.18B (-1.3%)
1.18B
est: 1.16B (+1.2%)
1.21B
est: 1.21B (+0.3%)
1.23B
est: 1.23B (0.0%)
1.26B
est: 1.25B (+0.6%)
1.40B
est: 1.40B (-0.2%)
1.02B
est: 991.17M (+3.0%)
886.00M
est: 910.98M (-2.7%)
1.40B
est: 1.37B (+1.9%)
1.79B
est: 1.79B (+0.1%)
1.92B
est: 1.92B (0.0%)
1.55B
est: 1.58B (-1.4%)
1.60B
1.57B – 1.62B
+1.5% YoY
1.65B
1.62B – 1.68B
+3.2% YoY
1.73B
1.68B – 1.78B
+4.8% YoY
1.84B
1.80B – 1.87B
+6.2% YoY
1.97B
1.93B – 2.00B
+7.1% YoY
EBITDA
203.61M
est.
179.87M
est.
143.71M
est.
100.52M
est.
90.00M
est: -78.02M (+215.4%)
86.00M
est: 54.78M (+57.0%)
118.00M
est: 64.79M (+82.1%)
118.00M
est: 119.25M (-1.0%)
127.00M
est: 121.45M (+4.6%)
126.00M
est: 116.15M (+8.5%)
129.00M
est: 122.12M (+5.6%)
137.00M
est: 126.02M (+8.7%)
138.00M
est: 129.98M (+6.2%)
141.00M
est: 139.95M (+0.8%)
152.00M
est: 145.56M (+4.4%)
171.00M
est: 162.40M (+5.3%)
183.00M
est: 172.06M (+6.4%)
185.00M
est: 181.24M (+2.1%)
190.00M
est: 194.89M (-2.5%)
-95.00M
est: 123.87M (-176.7%)
42.00M
est: 139.32M (-69.9%)
228.00M
est: 166.85M (+36.7%)
316.00M
est: 190.14M (+66.2%)
334.00M
est: 261.57M (+27.7%)
183.00M
est: 213.79M (-14.4%)
216.93M
213.60M – 219.70M
+1.5% YoY
223.91M
219.56M – 228.07M
+3.2% YoY
234.70M
227.35M – 242.06M
+4.8% YoY
249.16M
244.82M – 253.08M
+6.2% YoY
266.78M
262.13M – 270.97M
+7.1% YoY
EBIT
145.43M
est.
120.28M
est.
87.60M
est.
47.36M
est.
49.00M
est: -27.80M (+276.3%)
54.00M
est: 42.97M (+25.7%)
80.00M
est: 49.77M (+60.7%)
78.00M
est: 79.16M (-1.5%)
84.00M
est: 76.16M (+10.3%)
90.00M
est: 81.02M (+11.1%)
93.00M
est: 86.26M (+7.8%)
103.00M
est: 90.85M (+13.4%)
106.00M
est: 98.21M (+7.9%)
112.00M
est: 103.27M (+8.4%)
124.00M
est: 117.45M (+5.6%)
130.00M
est: 129.09M (+0.7%)
138.00M
est: 136.21M (+1.3%)
149.00M
est: 143.78M (+3.6%)
159.00M
est: 151.45M (+5.0%)
-260.00M
est: 97.42M (-366.9%)
-92.00M
est: 109.58M (-184.0%)
97.00M
est: 131.23M (-26.1%)
155.00M
est: 149.55M (+3.6%)
158.00M
est: 64.14M (+146.3%)
49.00M
est: 52.43M (-6.5%)
53.20M
52.38M – 53.88M
+1.5% YoY
54.91M
53.84M – 55.93M
+3.2% YoY
57.56M
55.75M – 59.36M
+4.8% YoY
61.10M
60.04M – 62.06M
+6.2% YoY
65.42M
64.28M – 66.45M
+7.1% YoY
Net Income
107.73M
est.
84.52M
est.
51.18M
est.
22.23M
est.
22.00M
est: -132.73M (+116.6%)
32.00M
est: 24.71M (+29.5%)
60.00M
est: 30.05M (+99.7%)
59.00M
est: 61.68M (-4.3%)
63.00M
est: 60.72M (+3.7%)
69.00M
est: 61.49M (+12.2%)
73.00M
est: 66.88M (+9.2%)
80.00M
est: 71.31M (+12.2%)
87.00M
est: 80.88M (+7.6%)
92.00M
est: 83.97M (+9.6%)
101.00M
est: 92.36M (+9.4%)
108.00M
est: 105.15M (+2.7%)
116.00M
est: 110.61M (+4.9%)
108.00M
est: 117.45M (-8.0%)
106.00M
est: 120.27M (-11.9%)
-239.00M
est: 73.76M (-424.0%)
-82.00M
est: 82.96M (-198.8%)
47.00M
est: 99.36M (-52.7%)
79.00M
est: 79.00M (+0.0%)
67.00M
est: 109.62M (-38.9%)
-144.00M
est: 77.91M (-284.8%)
60.66M
56.13M – 65.19M
-22.1% YoY
66.45M
58.62M – 74.28M
+9.5% YoY
74.51M
72.91M – 76.12M
+12.1% YoY
86.30M
84.34M – 88.06M
+15.8% YoY
95.11M
92.96M – 97.05M
+10.2% YoY
SGA
323.19M
est.
351.08M
est.
326.79M
est.
331.53M
est.
est: 750.63M (-100.0%)
2.10M
est: 340.51M (-99.4%)
est: 678.92M (-100.0%)
500.0K
est: 543.83M (-99.9%)
est: 579.44M (-100.0%)
492.00M
est: 560.27M (-12.2%)
488.00M
est: 554.41M (-12.0%)
562.00M
est: 557.79M (+0.8%)
552.00M
est: 545.92M (+1.1%)
547.00M
est: 531.81M (+2.9%)
558.00M
est: 547.11M (+2.0%)
579.00M
est: 578.83M (+0.0%)
595.00M
est: 591.96M (+0.5%)
618.00M
est: 602.44M (+2.6%)
691.00M
est: 688.22M (+0.4%)
630.00M
est: 480.85M (+31.0%)
559.00M
est: 540.83M (+3.4%)
749.00M
est: 647.70M (+15.6%)
943.00M
est: 738.14M (+27.8%)
1.01B
est: 960.62M (+4.7%)
743.00M
est: 849.14M (-12.5%)
861.61M
848.40M – 872.60M
+1.5% YoY
889.35M
872.04M – 905.86M
+3.2% YoY
932.20M
902.99M – 961.40M
+4.8% YoY
989.63M
972.38M – 1.01B
+6.2% YoY
1.06B
1.04B – 1.08B
+7.1% YoY
EPS
0.60
est.
0.46
est.
0.31
est.
0.24
est.
0.14
est: 0.33 (-57.8%)
0.21
est: 0.26 (-19.7%)
0.38
est: 0.31 (+23.4%)
0.36
est: 0.34 (+5.8%)
0.42
est: 0.41 (+2.3%)
0.48
est: 0.45 (+5.9%)
0.52
est: 0.52 (-0.2%)
0.65
est: 0.62 (+4.6%)
0.66
est: 0.71 (-7.4%)
0.77
est: 0.77 (+0.1%)
0.87
est: 0.86 (+0.8%)
0.96
est: 0.95 (+0.7%)
1.05
est: 1.03 (+1.8%)
0.99
est: 1.09 (-9.2%)
0.98
est: 1.16 (-15.7%)
-1.99
est: -0.54 (-266.7%)
-0.63
est: -0.40 (-55.8%)
0.36
est: 0.44 (-17.9%)
0.61
est: 0.81 (-24.3%)
0.52
est: 0.88 (-40.7%)
-1.13
est: 0.58 (-295.1%)
0.48
0.44 – 0.51
-17.2% YoY
0.53
0.46 – 0.58
+10.4% YoY
0.59
0.57 – 0.60
+11.0% YoY
0.68
0.66 – 0.69
+15.7% YoY
0.75
0.73 – 0.76
+10.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-28 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-27 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-26 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-22 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-21 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-20 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-19 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-01 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
208.05M
OE per share TTM
1.56
Owner's Yield
33.62%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
41.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 91 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Amundi Prime UK Mid & Small Cap UCITS ETF DR - GBP (D) PRUK.L 0.26% 1.13M 0.05%
2 Vanguard FTSE 250 UCITS ETF (GBP) Distributing VMID.DE 0.21% 5.44M 0.10%
3 Vanguard FTSE 250 UCITS ETF VMIG.MI 0.21% 5.44M 0.10%
4 iShares MSCI United Kingdom Small-Cap ETF EWUS 0.18% 71.3K 0.59%
5 Invesco FTSE 250 UCITS ETF S250.L 0.17% 60.7K 0.12%
6 iShares FTSE 250 UCITS ETF MIDD.L 0.17% 1.43M 0.40%
7 HSBC FTSE 250 UCITS ETF HMCX.L 0.16% 110.0K 0.09%
8 Xtrackers FTSE 250 UCITS ETF 1D XMCX.L 0.16% 62.6K 0.15%
9 iShares MSCI UK Small Cap UCITS ETF CUKS.L 0.15% 191.6K 0.58%
10 Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Acc CEM.PA 0.14% 480.1K 0.23%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
3.4K
Shares Outstanding
124.56M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Maxwell Leslie James Izzard Chief Operating Officer, Chief Financial Officer & Director 351.0K male
Andrew Acquaah Harrison Interim Group Chief Executive Officer male
Andrew David Harrison Interim Group Chief Executive Officer male
Ian Houghton Legal Director & Company Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits