Wiley (WLY) Stock May Be 37% Below Fair Value As Cash Flow Holds Up

John Wiley & Sons has delivered a powerful run over the past few years, and the stock now asks a clear question of investors. Has the share price moved faster than the cash flows that ultimately need to support it, or is the current valuation still grounded in what the business can generate? Over the last 3 years the stock has returned 98.8%, which puts the spotlight firmly on whether that step up is matched by the company’s cash producing power. The group’s mix of recurring publishing and...