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NKE logo
NIKE Inc.
NKE
73.04 (0.00%) 0.00
108.04(B)
Consumer Discretionary
Textiles Apparel and Luxury Goods
NIKE Inc. together with its subsidiaries engages in the design development marketing and sale of athletic footwear apparel equipment accessories and services worldwide. The company provides athletic and casual footwear apparel and accessories under the NIKE Jumpman Converse Chuck Taylor All Star One Star Star Chevron and Jack Purcell trademarks. It also sells a line of performance equipment and accessories comprising bags sport balls socks eyewear timepieces digital devices bats gloves protective equipment and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. In addition the company markets apparel with licensed college and professional team and league logos as well as sells sports apparel; licenses unaffiliated parties to manufacture and sell apparel digital devices and applications and other equipment for sports activities under NIKE-owned trademarks; and operates digital platforms including fitness and activity apps; sport fitness and wellness content; and digital services and features in retail stores. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate tennis and golf shops; and other retail accounts through NIKE-owned retail stores digital platforms independent distributors licensees and sales representatives. The company was founded in 1964 and is headquartered in Beaverton Oregon.
Holdings:
Shares:
Cost basis:

NIKE Inc. (NKE) price target and intrinsic value estimate

NKE's fair price estimate is $51.3

This valuation is based on a fair P/E of 19.5 and EPS estimates of $2.63

The median analyst price target for NKE is $86.5.

Analyst price targets range from $49.0 to $120.0

Is NKE overvalued or undervalued?

NKE is currently trading at $73.04

NKE is overvalued by 42% using the pevaluation method.

NKE is undervalued by 16% compared to median analyst price targets.

Do you agree with this valuation?

Valuation

PEvaluation

Current price
$73.04
Overvalued
Low
$38.5
Median
$51.3
High
$64.1
Fair P/E
Margin of safety

Analyst valuation

Current price
$73.04
Fairly valued
Low
$49.0
Median
$86.5
High
$120.0
Strong Buy5
Buy14
Hold18
Sell1
Strong Sell1

Discounted cash-flow

N/A
Negative FCF or FCF estimates
TTM FCFFCF est.Growth FCFTerminal FCF
Discount
rate
10%
Terminal
rate
5%
Growth p.
length
5y
Growth p.
rate
10%
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Very wide
None/narrowMediumWideVery wide

Overview

Market data

Market cap:$108.04(B)
Enterprise value:$110.34(B)
Total Equity:$14.04(B)
Shares outstanding:1.48(B)
Div. yield:2.07%
P/S:2.24
P/E:22.47
P/FCF:19.63
P/B:7.71
EPS:$3.3
FCF per share:$3.7
Dividend per share:$1.5

Income (TTM)

RevenueGrossNet
Revenue$48.98(B)
Gross profit$21.91(B)
EBITDA$6.76(B)
Net income$4.89(B)
Gross margin44.7%
Net margin10.0%

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$37.96(B)
Total liabilities$23.92(B)
Cash & Short-term inv.$9.76(B)
Long-term debt$7.97(B)
Debt issued$43.00(M)
Debt repaid$0

Cash flow (TTM)

CFOCFICFF
FCF$5.52(B)
CapEx$-603.00(M)
Dividends paid$-2.24(B)
Stock issued$685.00(M)
Stock repurchased$-4.20(B)
Stock-based comp.$777.00(M)

Future Growth

Revenue

CAGR: 4.4%
FY+1FY+2FY+3FY+4FY+5
FY+1$46.02(B)
FY+2$46.99(B)
FY+3$49.69(B)
FY+4$51.78(B)
FY+5$54.76(B)

Net Income

CAGR: 16.9%
FY+1FY+2FY+3FY+4FY+5
FY+1$3.05(B)
FY+2$3.44(B)
FY+3$4.34(B)
FY+4$5.10(B)
FY+5$5.71(B)

EPS

CAGR: 18.4%
FY+1FY+2FY+3FY+4FY+5
FY+1$2.06
FY+2$2.42
FY+3$3.03
FY+4$3.51
FY+5$4.05

FCF per share

CAGR: 14.0%
FY+1FY+2FY+3
FY+1$2.70
FY+2$3.03
FY+3$3.51

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Historical Financials

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Income
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