Winmark Corporation

Winmark Corporation

WINAยทNASDAQ

$375.70

-1.3%
Consumer CyclicalApparel - Footwear & Accessories

Winmark Corporation, together with its subsidiaries, operates as a franchisor of retail store concepts that buy, sell, trade, and consign used merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore, and Music Go Round brand names. The company's Plato's Closet brand stores buys and sells used clothing and accessories for the teenage and young adult market; and Once Upon A Child brand stores buys and sells used and new children's clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years. Its Play It Again Sports brand stores buys, sells, trades in, and used and new sporting goods, equipment, and accessories for various athletic activities, such as team sports, fitness, ski/snowboard, golf, and others; Style Encore brand stores buys and sells used women's apparel, shoes, and accessories; and Music Go Round brand stores buys, sells, trades in, and used and new musical instruments, speakers, amplifiers, music-related electronics, and related accessories. In addition, the company is also involved in the middle-market equipment leasing business focusing on technology and business-essential equipment. As of February 23, 2022, it had 1,271 franchised stores, as well as offers its products online at musicgoround.com, playitagainsports.com, and style-encore.com. Winmark Corporation was incorporated in 1988 and is headquartered in Minneapolis, Minnesota.

At a Glance

Live Snapshot
Market Cap$1.34B
EPS11.7300
P/E Ratio32.03
Earnings Date07/14/2026
Winmark Corporation

Winmark Corporation Fair Value Envelope

WINA ยท NASDAQ

Our analysis suggests that WINA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $375.7, this represents a potential HIDDEN relative to our calculated worth for Winmark Corporation.

Intrinsic Value
Current Price: $375.7

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1.1B
+ Cash & Equivalents$10.5M
Firm Value$1.1B
- Debt$64.8M
Equity Value$1.0B
/ Shares Outstanding3,541,034B
DCF Value$290
OVERVALUED BY 23%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$47.8M
$51.0M
$54.3M
$57.8M
$61.6M
$65.6M
$69.9M
$74.5M
$79.4M
$84.5M
Maintenance CapEx
-$41.0K
-$43.6K
-$46.5K
-$49.5K
-$52.8K
-$56.2K
-$59.9K
-$63.8K
-$68.0K
-$72.4K
Owner Earnings
$47.8M
$50.9M
$54.2M
$57.8M
$61.6M
$65.6M
$69.9M
$74.4M
$79.3M
$84.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$44.2M
$43.6M
$43.1M
$42.5M
$41.9M
$41.3M
$40.8M
$40.2M
$39.7M
$39.1M
Terminal Value represents 61.5% of Enterprise Value