Stock fact sheet · data as of
WD-40 Company (WDFC): fair value, margin of safety and Wheel Score
Ticker symbol WDFC · Basic Materials · Chemicals - Specialty · United States · Growth Quality
Is WDFC undervalued?
WD-40 Company (WDFC) closed at 233.00 on 5 Nov 2026, 96% above the GLS average fair value of 118.64. 8 of the 9 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
The 9 models disagree widely: Lynch gives 43.57 while DCF gives 311.68. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, WDFC is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 8, growth score 51, out of 100). It also carries the Quality tag (Quality = moat 7.5+ out of 10 and Piotroski 7+).
Nine valuation models for WDFC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 311.68 | +34% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 53.00 | -77% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 136.21 | -42% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 43.57 | -81% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 46.98 | -80% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 184.75 | -21% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 163.38 | -30% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 60.03 | -74% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 68.19 | -71% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 5.54 | -98% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 475.00 | +104% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health WDFC scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is 9.2 out of 10 - high returns on capital, steady margins and growth that held up through bad years point to a durable business.
Returns on capital are high - ROIC 22.2%, ROE 30.2%, ROA 16.7% - with debt at 0.36 times equity and a free-cash-flow yield of 3.1%.
The dividend yield is 1.75% at a payout ratio of 66%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from WD 40 Multi Use Product 76%, WD 40 Specialist 15%, Other Maintenance Products 5% (quarter Q4 FY2026).
Institutional ownership scores 10/10, insider activity 3/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 22.2% |
|---|---|---|---|
| GLS Moat | 9.2 / 10 | ROE | 30.2% |
| Debt / equity | 0.36 | ROA | 16.7% |
| Free-cash-flow yield | 3.1% | Payout ratio | 66% |
| Institutions | 10 / 10 | Insiders · Congress | 3 · 5 / 10 |
Wheel Score 34: Weak
WDFC scores 34 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 3, below fair value - trades 96% above our fair value, and the parts are thin too - value weak, premium fair, moat strong, health good, red flags good, option trading weak, stability fair. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 29% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. Chain open interest is thin - 1,244 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 134k shares a day on a market cap of $3.1B, with a beta of 0.26 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 96% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 96% above fair value | |
| Premium | Fair | implied volatility 29% | |
| Moat | Strong | moat 9.2/10 | |
| Health | Good | Piotroski 7/9 | |
| Red Flags | Good | Red Flags score 82/100 | |
| Option trading | Weak | 245 contracts a day, 1,244 open interest | |
| Stability | Fair | beta 0.26, $3.1B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 14 Jan 2027, 70 days away - outside the window of a 30-45-day put sold today.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Chemicals - Specialty
The 12 companies below are the closest to WD-40 Company by market cap within the Chemicals - Specialty industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
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|---|---|---|---|---|---|
| HWKN Hawkins, Inc. | 155.97 | 95.74 | -63% | 32Weak | $3.2B |
| FUL H.B. Fuller Company | 52.57 | 57.21 | +8% | 39Weak | $2.8B |
| ASH Ashland Inc. | 76.44 | 22.83 | -235% | 36Weak | $3.5B |
| KWR Quaker Houghton | 157.30 | 121.69 | -29% | 31Weak | $2.7B |
| CLMT Calumet Inc. | 43.60 | 11.21 | -289% | 29Weak | $3.8B |
| NGVT Ingevity Corporation | 73.73 | 36.84 | -100% | 34Weak | $2.5B |
| CBT Cabot Corp. | 75.10 | 77.10 | +3% | 70Good | $3.9B |
| AVNT Avient Corporation | 47.86 | 34.80 | -38% | 38Weak | $4.4B |
| PRM Perimeter Solutions, Inc. | 28.13 | 1.20 | -2253% | 25Weak | $4.6B |
| CC The Chemours Company | 13.79 | 18.07 | +24% | 43Weak | $2.1B |
| MTX Minerals Technologies Inc. | 65.83 | 52.01 | -27% | 28Weak | $2.0B |
| IOSP Innospec Inc. | 80.65 | 102.86 | +22% | 47Weak | $2.0B |
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about WDFC
Is WDFC undervalued right now?
No: at 233.00 the stock trades 96% above the GLS average fair value of 118.64 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of WDFC and what does it mean?
WDFC scores 34 out of 100 (Weak) - it fails Wheel Trade Filter 3. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for WDFC?
118.64 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does WD-40 Company report earnings next?
The next earnings report is due on 14 Jan 2027, 70 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does WDFC have listed options, and how liquid are they?
Yes. The nightly snapshot found 100 listed contracts with 1,244 open interest across all expiries and implied volatility of 29% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.