(NKE) Nike - Overview
Sector: Consumer Cyclical | Industry: Footwear & Accessories | Exchange: NYSE (USA) | Market Cap: 65.737m USD | Total Return: -25.3% in 12m
Avg Turnover: 804M
EPS Trend: -81.7%
Qual. Beats: 3
Rev. Trend: -93.3%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
NIKE, Inc. is a global leader in the design, development, and marketing of athletic footwear, apparel, and equipment. Operating under major brands including NIKE, Jordan, and Converse, the company serves diverse demographics across North America, Europe, Greater China, and emerging markets. Its business model relies on a multi-channel distribution strategy, utilizing a mix of wholesale accounts, Nike-owned retail stores, and direct-to-consumer digital platforms.
The company operates within the consumer discretionary sector, where brand equity and innovation are primary drivers of market share. Unlike many competitors, Nike maintains a highly integrated ecosystem that combines physical merchandise with digital fitness services and licensed collegiate and professional sports apparel. Investors may find more granular financial metrics for Nike on ValueRay to assist in their valuation.
Founded in 1964 and headquartered in Beaverton, Oregon, the firm has evolved from a regional distributor into a vertically integrated global entity. Beyond core footwear, the business produces specialized performance equipment ranging from sports balls to digital devices, while also supplying plastic components to other manufacturers.
- Slowing consumer demand in Greater China impacts long-term revenue growth targets
- Direct-to-consumer shift pressures wholesale partnerships and inventory management efficiency
- Innovation pipeline strength determines market share against emerging footwear competitors
- Elevated promotional activity and logistics costs compress global gross margins
- Strategic marketing spend for major sporting events drives brand equity and volume
| Net Income: 2.25b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -11.23 > 1.0 |
| NWC/Revenue: 26.54% < 20% (prev 27.99%; Δ -1.46% < -1%) |
| CFO/TA 0.05 > 3% & CFO 1.69b > Net Income 2.25b |
| Net Debt (7.67b) to EBITDA (3.60b): 2.13 < 3 |
| Current Ratio: 2.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.48b) vs 12m ago -0.71% < -2% |
| Gross Margin: 40.81% > 18% (prev 0.44%; Δ 4.04k% > 0.5%) |
| Asset Turnover: 124.3% > 50% (prev 126.5%; Δ -2.23% > 0%) |
| Interest Coverage Ratio: 12.26 > 6 (EBITDA TTM 3.60b / Interest Expense TTM 229.0m) |
| A: 0.33 (Total Current Assets 23.2b - Total Current Liabilities 10.8b) / Total Assets 37.1b |
| B: -0.02 (Retained Earnings -610.0m / Total Assets 37.1b) |
| C: 0.07 (EBIT TTM 2.81b / Avg Total Assets 37.4b) |
| D: -0.04 (Book Value of Equity -814.0m / Total Liabilities 23.0b) |
| Altman-Z'' = 2.60 = A |
| DSRI: 1.23 (Receivables 5.37b/4.49b, Revenue 46.5b/47.8b) |
| GMI: 1.07 (GM 40.81% / 43.82%) |
| AQI: 1.08 (AQ_t 0.17 / AQ_t-1 0.15) |
| SGI: 0.97 (Revenue 46.5b / 47.8b) |
| TATA: 0.02 (NI 2.25b - CFO 1.69b) / TA 37.1b) |
| Beneish M = -2.72 (Cap -4..+1) = A |
As of May 24, 2026, the stock is trading at USD 44.39 with a total of 18,090,173 shares traded.
Over the past week, the price has changed by +6.66%,
over one month by -2.21%,
over three months by -28.73% and
over the past year by -25.31%.
Nike has received a consensus analysts rating of 3.71. Therefore, it is recommended to hold NKE.
- StrongBuy: 14
- Buy: 2
- Hold: 20
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 61.1 | 37.6% |
P/E Forward = 22.779
P/S = 1.413
P/B = 4.6445
P/EG = 1.5186
Revenue TTM = 46.5b USD
EBIT TTM = 2.81b USD
EBITDA TTM = 3.60b USD
Long Term Debt = 7.03b USD (from longTermDebt, last quarter)
Short Term Debt = 1.49b USD (from shortTermDebt, last quarter)
Debt = 14.3b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.15b
Net Debt = 7.67b USD (calculated: Debt 14.3b - CCE 6.66b)
Enterprise Value = 73.4b USD (65.7b + Debt 14.3b - CCE 6.66b)
Interest Coverage Ratio = 12.26 (Ebit TTM 2.81b / Interest Expense TTM 229.0m)
EV/FCF = 70.04x (Enterprise Value 73.4b / FCF TTM 1.05b)
FCF Yield = 1.43% (FCF TTM 1.05b / Enterprise Value 73.4b)
FCF Margin = 2.25% (FCF TTM 1.05b / Revenue TTM 46.5b)
Net Margin = 4.84% (Net Income TTM 2.25b / Revenue TTM 46.5b)
Gross Margin = 40.81% ((Revenue TTM 46.5b - Cost of Revenue TTM 27.5b) / Revenue TTM)
Gross Margin QoQ = 40.16% (prev 40.60%)
Tobins Q-Ratio = 1.98 (Enterprise Value 73.4b / Total Assets 37.1b)
Interest Expense / Debt = 1.60% (Interest Expense 229.0m / Debt 14.3b)
Taxrate = 20.0% (130.0m / 650.0m)
NOPAT = 2.25b (EBIT 2.81b * (1 - 20.00%))
Current Ratio = 2.14 (Total Current Assets 23.2b / Total Current Liabilities 10.8b)
Debt / Equity = 1.02 (Debt 14.3b / totalStockholderEquity, last quarter 14.1b)
Debt / EBITDA = 2.13 (Net Debt 7.67b / EBITDA 3.60b)
Debt / FCF = 7.32 (Net Debt 7.67b / FCF TTM 1.05b)
Total Stockholder Equity = 13.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.01% (Net Income 2.25b / Total Assets 37.1b)
RoE = 15.71% (Net Income TTM 2.25b / Total Stockholder Equity 14.3b)
RoCE = 13.15% (EBIT 2.81b / Capital Employed (Equity 14.3b + L.T.Debt 7.03b))
RoIC = 8.19% (NOPAT 2.25b / Invested Capital 27.4b)
WACC = 7.86% (E(65.7b)/V(80.1b) * Re(9.29%) + D(14.3b)/V(80.1b) * Rd(1.60%) * (1-Tc(0.20)))
Discount Rate = 9.29% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -68.89 | Cagr: -1.51%
[DCF] Terminal Value 73.10% ; FCFF base≈2.75b ; Y1≈2.41b ; Y5≈1.95b
[DCF] Fair Price = 19.71 (EV 31.3b - Net Debt 7.67b = Equity 23.6b / Shares 1.20b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -81.66 | EPS CAGR: -26.02% | SUE: 0.97 | # QB: 3
Revenue Correlation: -93.29 | Revenue CAGR: -4.74% | SUE: 0.11 | # QB: 0
EPS next Quarter (2026-08-31): EPS=0.45 | Chg30d=-28.39% | Revisions=-73% | Analysts=16
EPS current Year (2026-05-31): EPS=1.50 | Chg30d=-0.19% | Revisions=-43% | GrowthEPS=-30.6% | GrowthRev=-0.1%
EPS next Year (2027-05-31): EPS=1.85 | Chg30d=-2.00% | Revisions=-83% | GrowthEPS=+23.5% | GrowthRev=+0.6%
[Analyst] Revisions Ratio: -83%