Stock fact sheet · data as of
Willis Towers Watson Public Limited Company (WTW): fair value, margin of safety and Wheel Score
Financial Services · Insurance - Brokers · United Kingdom · Value
Is WTW undervalued?
WTW closed at 297.09 on 16 Oct 2026, 21% below the GLS average fair value of 377.39 from 9 models (5 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" rule of the Sunday Scan, and the Wheel Score gives it 21 of the 25 Value points.
The 9 models disagree widely: DDM gives 55.91 while Graham Growth gives 704.80. 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.
The nightly engine files WTW under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for WTW
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 | 325.07 | +9% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 175.04 | -41% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 704.80 | +137% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 289.65 | -3% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 599.89 | +102% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 459.54 | +55% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 601.60 | +102% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 55.91 | -81% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 184.99 | -38% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -49.57 | -117% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 347.85 | +17% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - WTW passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 6.8 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are moderate - ROIC 10.8%, ROE 20.1%, ROA 5.4% - with debt at 0.87 times equity and a free-cash-flow yield of 6.1%.
The dividend yield is 1.28% with a payout ratio of 23% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Health, Wealth and Career 53%, Risk and Broking 48% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 8/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 10.8% |
|---|---|---|---|
| GLS Moat | 6.8 / 10 | ROE | 20.1% |
| Debt / equity | 0.87 | ROA | 5.4% |
| Free-cash-flow yield | 6.1% | Payout ratio | 23% |
| Institutions | 10 / 10 | Insiders · Congress | 8 · 5 / 10 |
Wheel Score 81: Prime
WTW scores 81 out of 100 on the Wheel Score, in the Prime band (80 and above), which fewer than one stock in twenty reaches on any night. The score blends five things a wheel trader checks before selling a cash-secured put: the margin of safety (Value, 21/25), Piotroski health (13/20), the GLS moat (10/15), the option premium on offer (20/20) and how easily the stock trades (16/20).
Implied volatility is 36% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 2,401 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 528k shares a day on a market cap of $27.6B, with a beta of 0.42 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 16 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 21 / 25 | 21% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 10 / 15 | moat 6.8/10 | |
| Premium | 20 / 20 | implied volatility 36% | |
| Stability | 16 / 20 | 528k shares/day, $27.6B cap, beta 0.42 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Willis Towers Watson Public Limited Company reports earnings on 29 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Insurance - Brokers
The 12 companies below are the closest to Willis Towers Watson Public Limited Company by market cap within the Insurance - Brokers industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| BRO Brown & Brown, Inc. | 67.98 | 87.34 | +22% | 87Prime | $22.7B |
| AON Aon plc | 286.80 | 403.95 | +29% | 89Prime | $60.8B |
| AJG Arthur J. Gallagher & Co. | 250.10 | 152.67 | -64% | 62Fair | $64.1B |
| MRSH Marsh & McLennan Companies, Inc. | 186.54 | 158.32 | -18% | 68Good | $89.0B |
| RYAN Ryan Specialty Holdings, Inc. | 38.00 | 37.02 | -3% | 73Good | $4.6B |
| CRVL CorVel Corporation | 80.29 | 64.08 | -25% | 58Fair | $4.1B |
| NP Neptune Insurance Holdings Inc. | 29.45 | 10.62 | -177% | 62Fair | $2.8B |
| BWIN The Baldwin Insurance Group, Inc. | 31.93 | 25.55 | -25% | 45Weak | $2.6B |
| LIFE Ethos Technologies Inc. | 38.76 | 15.70 | -147% | 23Weak | $2.5B |
| GSHD Goosehead Insurance, Inc | 45.60 | 65.62 | +31% | 73Good | $1.7B |
| WDH Waterdrop Inc. | 1.03 | 51.43 | +98% | 39No options | $373M |
| TWFG TWFG, Inc. Common Stock | 24.11 | 27.32 | +12% | 39No options | $311M |
⚖ Compare WTW with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about WTW
Is WTW undervalued right now?
By the GLS models, moderately: at 297.09 the stock trades 21% below the average fair value of 377.39 (data as of 16 Oct 2026).
What is the Wheel Score of WTW and what does it mean?
WTW scores 81 out of 100 (Prime). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for WTW?
377.39 per share as of 16 Oct 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 Willis Towers Watson Public Limited Company report earnings next?
The next earnings report is due on 29 Oct 2026 (before the open), 13 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does WTW have listed options, and how liquid are they?
Yes. The nightly snapshot found 400 listed contracts with 2,401 open interest across all expiries and implied volatility of 36% 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.