WH
Wyndham Hotels & Resorts, Inc. (WH)
Last Price$91.3(2.4%)
Market Cap$7,147.1M
DCF value
$19.8
Overvalued (DCF value)
(78.3%)
Discount Rate
7.5%
Long-Term Growth Rate
2.5%
Stock quality
7/10
Great

WH DCF Model

Free Cash Flow to Firm Model
NOPAT Model
Free Cash Flow to Equity Model
Net Income Model
Millions
Billions
Dec'20 ActualDec'21 ActualDec'22 ActualDec'23 ActualDec'24 ActualDec'25 EstimateDec'26 EstimateDec'27 EstimateDec'28 EstimateDec'29 EstimateDec'30 EstimateDec'31 EstimateDec'32 EstimateDec'33 EstimateDec'34 EstimateDec'35 Terminal
% growth
1,300.0
(36.7%)
1,565.0
20.4%
1,498.0
(4.3%)
1,397.0
(6.7%)
1,408.0
0.8%
1,498.8
6.4%
1,605.4
7.1%
1,723.2
7.3%
1,834.4
6.5%
1,942.4
5.9%
2,045.8
5.3%
2,143.1
4.8%
2,233.0
4.2%
2,314.1
3.6%
2,385.0
3.1%
2,444.6
2.5%
208.0
16.0%
446.0
28.5%
558.0
37.2%
503.0
36.0%
495.0
35.2%
(223.9)
(14.9%)
(239.8)
(14.9%)
(257.4)
(14.9%)
(274.0)
(14.9%)
(290.2)
(14.9%)
(305.6)
(14.9%)
(320.2)
(14.9%)
(333.6)
(14.9%)
(345.7)
(14.9%)
(356.3)
(14.9%)
(365.2)
(14.9%)
NOPAT
% effective tax rate
173.8
13.4%
324.8
20.8%
416.2
27.8%
365.2
26.1%
388.7
27.6%
(175.8)
(11.7%)
(188.3)
(11.7%)
(202.2)
(11.7%)
(215.2)
(11.7%)
(227.9)
(11.7%)
(240.0)
(11.7%)
(251.4)
(11.7%)
(262.0)
(11.7%)
(271.5)
(11.7%)
(279.8)
(11.7%)
(286.8)
(11.7%)
% of revenue
1,123.0
86.4%
1,147.0
73.3%
988.0
66.0%
76.0
5.4%
71.0
5.0%
381.9
25.5%
409.0
25.5%
439.1
25.5%
467.4
25.5%
494.9
25.5%
521.3
25.5%
546.1
25.5%
569.0
25.5%
589.6
25.5%
607.7
25.5%
622.9
25.5%
% of revenue
(33.0)
(2.5%)
(37.0)
(2.4%)
(39.0)
(2.6%)
(37.0)
(2.6%)
(49.0)
(3.5%)
(43.6)
(2.9%)
(46.7)
(2.9%)
(50.2)
(2.9%)
(53.4)
(2.9%)
(56.5)
(2.9%)
(59.5)
(2.9%)
(62.4)
(2.9%)
(65.0)
(2.9%)
(67.4)
(2.9%)
(69.4)
(2.9%)
(71.2)
(2.9%)
(138.0)
(10.6%)
80.0
5.1%
52.0
3.5%
(17.0)
(1.2%)
(52.0)
(3.7%)
(7.2)
(0.5%)
(7.7)
(0.5%)
(8.3)
(0.5%)
(8.8)
(0.5%)
(9.3)
(0.5%)
(9.8)
(0.5%)
(10.3)
(0.5%)
(10.7)
(0.5%)
(11.1)
(0.5%)
(11.4)
(0.5%)
(11.7)
(0.5%)
Free Cash Flow to Firm (FCFF)
% of revenue
1,125.8
86.6%
1,514.8
96.8%
1,417.2
94.6%
387.2
27.7%
358.7
25.5%
155.2
10.4%
166.3
10.4%
178.5
10.4%
190.0
10.4%
201.2
10.4%
211.9
10.4%
222.0
10.4%
231.3
10.4%
239.7
10.4%
247.0
10.4%
253.2
10.4%
% of FCFF used in calculation
80.8%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Discount period
0.50
1.50
2.50
3.50
4.50
5.50
6.50
7.50
8.50
9.50
Discount factor
0.96
0.90
0.83
0.78
0.72
0.67
0.62
0.58
0.54
0.50
Discounted FCFF (DFCFF)
121.0
149.1
148.9
147.4
145.2
142.2
138.6
134.3
129.4
124.1

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WH DCF Value

DCF Value Calculation

as of Mar 11, 2025
Sum of DFCFF
% share of EV
1,380.2M
35.3%
Terminal Value (TV)
5,046.3M
Discounted TV
% share of EV
2,534.7M
64.7%
Total Debt
2,466.0M
1,552.0M
Shares outstanding
78.3M
FX rate
1.0
78.3% overvalued

Equity Value Bridge

WH DCF Financials

Revenue
$1,408.0M -> $2,385.0M 5.4% CAGR
Operating Income
$495.0M -> ($356.3M) N/A CAGR
FCFF
$358.7M -> $247.0M (3.7%) CAGR

WH DCF sensitivity

DCF value
Long-term Terminal growth rate
1.5%
2.0%
2.5%
3.0%
3.5%
WACC
7.0%
$19.0
$22.0
$26.0
$30.0
$30.0
7.5%
$15.0
$17.0
$20.0
$24.0
$28.0
7.5%
$14.0
$17.0
$20.0
$23.0
$28.0
8.5%
$8.0
$10.0
$12.0
$14.0
$16.0
9.0%
$5.0
$7.0
$8.0
$10.0
$12.0
DCF value, undervalued / overvalued
Long-term Terminal growth rate
1.5%
2.0%
2.5%
3.0%
3.5%
WACC
7.0%
(79.0%)
(76.0%)
(72.0%)
(67.0%)
(67.0%)
7.5%
(84.0%)
(81.0%)
(78.0%)
(74.0%)
(69.0%)
7.5%
(85.0%)
(81.0%)
(78.0%)
(75.0%)
(69.0%)
8.5%
(91.0%)
(89.0%)
(87.0%)
(85.0%)
(82.0%)
9.0%
(95.0%)
(92.0%)
(91.0%)
(89.0%)
(87.0%)

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FAQ

What is Wyndham Hotels & Resorts, Inc. DCF (discounted cash flow) valuation?

As of Mar 11, 2025, Wyndham Hotels & Resorts, Inc.'s Discounted Cash Flow (DCF) valuation estimates its share price at $19.8. This suggests it may be overvalued by (78.3%) compared to its current price of around $91.3, using a WACC of 7.5% and growth rates of 2.5%.

What is Wyndham Hotels & Resorts, Inc. WACC?

As of Mar 11, 2025, Wyndham Hotels & Resorts, Inc.'s Weighted Average Cost of Capital (WACC) is approximately 7.5%.

What is Wyndham Hotels & Resorts, Inc. Enterprise Value?

As of Mar 11, 2025, Wyndham Hotels & Resorts, Inc.'s Enterprise Value (EV) is approximately $3,915.0M. This value reflects the company's total market capitalization plus debt, minus cash and cash equivalents, providing a comprehensive measure of its overall value in the market.