Willis Towers Watson Public Limited Company

NasdaqGS:WTW Stock Report

Market Cap: US$32.4b

Willis Towers Watson Valuation

Is WTW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of WTW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$384.08
Fair Value
13.6% undervalued intrinsic discount
18
Number of Analysts

Below Fair Value: WTW ($331.7) is trading below our estimate of fair value ($384.08)

Significantly Below Fair Value: WTW is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WTW?

Key metric: As WTW is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for WTW. This is calculated by dividing WTW's market cap by their current revenue.
What is WTW's PS Ratio?
PS Ratio3.3x
SalesUS$9.81b
Market CapUS$32.42b

Price to Sales Ratio vs Peers

How does WTW's PS Ratio compare to its peers?

The above table shows the PS ratio for WTW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.2x
BRO Brown & Brown
6.1x18.23%US$30.4b
AON Aon
4.5x5.46%US$77.2b
AJG Arthur J. Gallagher
6.6x18.38%US$75.0b
MMC Marsh & McLennan Companies
3.7x5.53%US$97.0b
WTW Willis Towers Watson
3.3x4.17%US$32.4b

Price-To-Sales vs Peers: WTW is good value based on its Price-To-Sales Ratio (3.3x) compared to the peer average (5.2x).

Price to Sales Ratio vs Industry

How does WTW's PS Ratio compare vs other companies in the US Insurance Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
GOCO GoHealth
0.09x2.85%US$137.32m
HUIZ Huize Holding
0.2x9.79%US$30.87m
CUII China United Insurance Service
0.00002xn/aUS$3.13k
No more companies available in this PS range
WTW 3.3xIndustry Avg. 1.1xNo. of Companies19PS00.81.62.43.24+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: WTW is expensive based on its Price-To-Sales Ratio (3.3x) compared to the US Insurance industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is WTW's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WTW PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.3x
Fair PS Ratio2x

Price-To-Sales vs Fair Ratio: WTW is expensive based on its Price-To-Sales Ratio (3.3x) compared to the estimated Fair Price-To-Sales Ratio (2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst WTW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$331.70
US$364.50
+9.89%
6.53%US$408.00US$305.00n/a18
Sep ’26US$326.79
US$364.50
+11.54%
6.53%US$408.00US$305.00n/a18
Aug ’26US$314.77
US$363.50
+15.48%
7.45%US$408.00US$305.00n/a16
Jul ’26US$307.61
US$360.89
+17.32%
8.17%US$408.00US$315.00n/a17
Jun ’26US$316.55
US$364.15
+15.04%
7.73%US$408.00US$315.00n/a17
May ’26US$306.36
US$365.79
+19.40%
8.07%US$408.00US$315.00n/a17
Apr ’26US$337.00
US$364.58
+8.18%
8.00%US$408.00US$302.00n/a18
Mar ’26US$339.65
US$361.75
+6.51%
7.89%US$408.00US$302.00n/a18
Feb ’26US$329.57
US$357.08
+8.35%
7.78%US$400.00US$302.00n/a18
Jan ’26US$313.24
US$358.75
+14.53%
7.67%US$400.00US$302.00n/a18
Dec ’25US$322.00
US$335.05
+4.05%
7.90%US$369.00US$262.00n/a19
Nov ’25US$299.30
US$324.79
+8.52%
7.97%US$369.00US$262.00n/a19
Oct ’25US$300.58
US$308.96
+2.79%
7.64%US$365.00US$253.00n/a19
Sep ’25US$292.11
US$309.07
+5.81%
6.28%US$335.00US$253.00US$326.7919
Aug ’25US$284.36
US$308.59
+8.52%
6.38%US$335.00US$253.00US$314.7719
Jul ’25US$259.42
US$299.17
+15.32%
6.18%US$329.00US$253.00US$307.6119
Jun ’25US$255.29
US$298.72
+17.01%
6.16%US$329.00US$253.00US$316.5519
May ’25US$254.70
US$297.35
+16.75%
6.57%US$329.00US$253.00US$306.3619
Apr ’25US$273.44
US$292.09
+6.82%
9.22%US$329.00US$236.00US$337.0019
Mar ’25US$271.18
US$290.35
+7.07%
8.81%US$320.00US$236.00US$339.6519
Feb ’25US$247.28
US$259.89
+5.10%
10.10%US$316.00US$215.00US$329.5718
Jan ’25US$241.20
US$248.65
+3.09%
7.96%US$284.00US$210.00US$313.2417
Dec ’24US$245.41
US$248.65
+1.32%
7.96%US$284.00US$210.00US$322.0017
Nov ’24US$235.42
US$248.65
+5.62%
7.96%US$284.00US$210.00US$299.3017
Oct ’24US$208.96
US$238.94
+14.35%
7.16%US$265.00US$205.00US$300.5817
Sep ’24US$207.87
US$239.24
+15.09%
7.47%US$270.00US$205.00US$292.1117
AnalystPriceTarget
Consensus Narrative from 18 Analysts
US$364.50
Fair Value
9.0% undervalued intrinsic discount
18
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/18 11:34
End of Day Share Price 2025/09/18 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Willis Towers Watson Public Limited Company is covered by 37 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark MarconBaird
Taylor ScottBarclays
Jay GelbBarclays