Warby Parker Inc.

Warby Parker Inc.

WRBYยทNYSE

$24.22

-0.0021%
HealthcareMedical - Instruments & Supplies

Warby Parker Inc. provides eyewear products. It offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering lenses, and contact lenses, as well as accessories, including cases, lenses kit with anti-fog spray, pouches, and anti-fog lens spray. The company also offers eye exams and vision tests directly to consumers through its retail stores, website, and mobile apps. As of May 16, 2022, it had 160 retail stores in the United States and Canada. The company was formerly known as JAND, Inc. and changed its name to Warby Parker Inc. in June 2021. Warby Parker Inc. was incorporated in 2009 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$2.97B
EPS0.0134
P/E Ratio1807.46
Earnings Date08/06/2026
Warby Parker Inc.

Warby Parker Inc. Fair Value Envelope

WRBY ยท NYSE

Our analysis suggests that WRBY has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $24.22, this represents a potential HIDDEN relative to our calculated worth for Warby Parker Inc..

Intrinsic Value
Current Price: $24.22

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$10.2B
+ Cash & Equivalents$286.4M
Firm Value$10.5B
- Debt$233.1M
Equity Value$10.3B
/ Shares Outstanding122,161,220B
DCF Value$84
UNDERVALUED BY 248%

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
$139.6M
$175.9M
$221.6M
$279.2M
$351.8M
$443.3M
$558.6M
$703.8M
$886.8M
$1.1B
Maintenance CapEx
-$16.9M
-$21.3M
-$26.8M
-$33.8M
-$42.6M
-$53.7M
-$67.6M
-$85.2M
-$107.3M
-$135.2M
Owner Earnings
$122.7M
$154.6M
$194.8M
$245.4M
$309.2M
$389.6M
$490.9M
$618.6M
$779.4M
$982.1M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$113.6M
$132.5M
$154.6M
$180.4M
$210.5M
$245.5M
$286.5M
$334.2M
$389.9M
$454.9M
Terminal Value represents 75.6% of Enterprise Value