NATIONAL VISION HOLDINGS INC (EYE) Fundamental Analysis & Valuation
NASDAQ:EYE • US63845R1077
Current stock price
24.08 USD
-0.68 (-2.75%)
At close:
24.08 USD
0 (0%)
After Hours:
This EYE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. EYE Profitability Analysis
1.1 Basic Checks
- EYE had positive earnings in the past year.
- EYE had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: EYE reported negative net income in multiple years.
- EYE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 1.49%, EYE is in line with its industry, outperforming 52.03% of the companies in the same industry.
- The Return On Equity of EYE (3.40%) is comparable to the rest of the industry.
- EYE's Return On Invested Capital of 3.13% is in line compared to the rest of the industry. EYE outperforms 49.59% of its industry peers.
- EYE had an Average Return On Invested Capital over the past 3 years of 2.03%. This is significantly below the industry average of 13.24%.
- The last Return On Invested Capital (3.13%) for EYE is above the 3 year average (2.03%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.49% | ||
| ROE | 3.4% | ||
| ROIC | 3.13% |
ROA(3y)-0.99%
ROA(5y)0.89%
ROE(3y)-2.68%
ROE(5y)2.1%
ROIC(3y)2.03%
ROIC(5y)2.99%
1.3 Margins
- Looking at the Profit Margin, with a value of 1.49%, EYE is in line with its industry, outperforming 56.10% of the companies in the same industry.
- EYE's Profit Margin has declined in the last couple of years.
- EYE has a Operating Margin of 3.48%. This is comparable to the rest of the industry: EYE outperforms 57.72% of its industry peers.
- In the last couple of years the Operating Margin of EYE has declined.
- EYE has a better Gross Margin (58.77%) than 86.99% of its industry peers.
- EYE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.48% | ||
| PM (TTM) | 1.49% | ||
| GM | 58.77% |
OM growth 3Y2.39%
OM growth 5Y-13.36%
PM growth 3Y-10.81%
PM growth 5Y-6.82%
GM growth 3Y2.96%
GM growth 5Y1.69%
2. EYE Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EYE is destroying value.
- EYE has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, EYE has less shares outstanding
- Compared to 1 year ago, EYE has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.24 indicates that EYE is not a great score, but indicates only limited risk for bankruptcy at the moment.
- EYE has a Altman-Z score of 2.24. This is comparable to the rest of the industry: EYE outperforms 47.15% of its industry peers.
- The Debt to FCF ratio of EYE is 3.35, which is a good value as it means it would take EYE, 3.35 years of fcf income to pay off all of its debts.
- EYE's Debt to FCF ratio of 3.35 is fine compared to the rest of the industry. EYE outperforms 70.73% of its industry peers.
- A Debt/Equity ratio of 0.26 indicates that EYE is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.26, EYE perfoms like the industry average, outperforming 57.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 3.35 | ||
| Altman-Z | 2.24 |
ROIC/WACC0.37
WACC8.39%
2.3 Liquidity
- A Current Ratio of 0.55 indicates that EYE may have some problems paying its short term obligations.
- The Current ratio of EYE (0.55) is worse than 92.68% of its industry peers.
- EYE has a Quick Ratio of 0.55. This is a bad value and indicates that EYE is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.33, EYE is not doing good in the industry: 75.61% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.33 |
3. EYE Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 45.45% over the past year.
- Measured over the past years, EYE shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.44% on average per year.
- EYE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.00%.
- EYE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.03% yearly.
EPS 1Y (TTM)45.45%
EPS 3Y9.46%
EPS 5Y-1.44%
EPS Q2Q%475%
Revenue 1Y (TTM)9%
Revenue growth 3Y-0.3%
Revenue growth 5Y3.03%
Sales Q2Q%15.12%
3.2 Future
- EYE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.12% yearly.
- Based on estimates for the next years, EYE will show a small growth in Revenue. The Revenue will grow by 5.81% on average per year.
EPS Next Y24.96%
EPS Next 2Y25.77%
EPS Next 3Y24.9%
EPS Next 5Y19.12%
Revenue Next Year5.01%
Revenue Next 2Y5.79%
Revenue Next 3Y6.23%
Revenue Next 5Y5.81%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. EYE Valuation Analysis
4.1 Price/Earnings Ratio
- EYE is valuated quite expensively with a Price/Earnings ratio of 30.10.
- Compared to the rest of the industry, the Price/Earnings ratio of EYE is on the same level as its industry peers.
- EYE's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.91.
- Based on the Price/Forward Earnings ratio of 24.09, the valuation of EYE can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of EYE is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 21.99. EYE is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.1 | ||
| Fwd PE | 24.09 |
4.2 Price Multiples
- EYE's Enterprise Value to EBITDA ratio is in line with the industry average.
- EYE's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.04 | ||
| EV/EBITDA | 13.56 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- EYE's earnings are expected to grow with 24.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.21
PEG (5Y)N/A
EPS Next 2Y25.77%
EPS Next 3Y24.9%
5. EYE Dividend Analysis
5.1 Amount
- No dividends for EYE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
EYE Fundamentals: All Metrics, Ratios and Statistics
24.08
-0.68 (-2.75%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)03-04 2026-03-04/bmo
Earnings (Next)05-07 2026-05-07
Inst Owners119.64%
Inst Owner Change-0.11%
Ins Owners2.29%
Ins Owner Change16.13%
Market Cap1.91B
Revenue(TTM)1.99B
Net Income(TTM)29.60M
Analysts82.5
Price Target35.98 (49.42%)
Short Float %14.34%
Short Ratio8.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)72.44%
Min EPS beat(2)-1.54%
Max EPS beat(2)146.42%
EPS beat(4)3
Avg EPS beat(4)46.16%
Min EPS beat(4)-1.54%
Max EPS beat(4)146.42%
EPS beat(8)7
Avg EPS beat(8)46.08%
EPS beat(12)11
Avg EPS beat(12)45.79%
EPS beat(16)14
Avg EPS beat(16)36.31%
Revenue beat(2)2
Avg Revenue beat(2)1.24%
Min Revenue beat(2)0.63%
Max Revenue beat(2)1.85%
Revenue beat(4)4
Avg Revenue beat(4)1.34%
Min Revenue beat(4)0.41%
Max Revenue beat(4)2.49%
Revenue beat(8)4
Avg Revenue beat(8)0.01%
Revenue beat(12)7
Avg Revenue beat(12)0.02%
Revenue beat(16)8
Avg Revenue beat(16)-0.29%
PT rev (1m)5.92%
PT rev (3m)7.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.91%
EPS NY rev (1m)7.16%
EPS NY rev (3m)7.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.1 | ||
| Fwd PE | 24.09 | ||
| P/S | 0.96 | ||
| P/FCF | 26.04 | ||
| P/OCF | 13.08 | ||
| P/B | 2.2 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.56 |
EPS(TTM)0.8
EY3.32%
EPS(NY)1
Fwd EY4.15%
FCF(TTM)0.92
FCFY3.84%
OCF(TTM)1.84
OCFY7.65%
SpS25.02
BVpS10.95
TBVpS-1
PEG (NY)1.21
PEG (5Y)N/A
Graham Number14.0365 (-41.71%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.49% | ||
| ROE | 3.4% | ||
| ROCE | 4.4% | ||
| ROIC | 3.13% | ||
| ROICexc | 3.2% | ||
| ROICexgc | 8.41% | ||
| OM | 3.48% | ||
| PM (TTM) | 1.49% | ||
| GM | 58.77% | ||
| FCFM | 3.7% |
ROA(3y)-0.99%
ROA(5y)0.89%
ROE(3y)-2.68%
ROE(5y)2.1%
ROIC(3y)2.03%
ROIC(5y)2.99%
ROICexc(3y)2.12%
ROICexc(5y)3.35%
ROICexgc(3y)5.64%
ROICexgc(5y)9.12%
ROCE(3y)2.85%
ROCE(5y)4.21%
ROICexgc growth 3Y6.59%
ROICexgc growth 5Y-11.38%
ROICexc growth 3Y6.03%
ROICexc growth 5Y-9.62%
OM growth 3Y2.39%
OM growth 5Y-13.36%
PM growth 3Y-10.81%
PM growth 5Y-6.82%
GM growth 3Y2.96%
GM growth 5Y1.69%
F-Score8
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 3.35 | ||
| Debt/EBITDA | 1.43 | ||
| Cap/Depr | 79.91% | ||
| Cap/Sales | 3.66% | ||
| Interest Coverage | 3.62 | ||
| Cash Conversion | 91.26% | ||
| Profit Quality | 248.15% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z | 2.24 |
F-Score8
WACC8.39%
ROIC/WACC0.37
Cap/Depr(3y)98.71%
Cap/Depr(5y)101.6%
Cap/Sales(3y)5.15%
Cap/Sales(5y)5.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)45.45%
EPS 3Y9.46%
EPS 5Y-1.44%
EPS Q2Q%475%
EPS Next Y24.96%
EPS Next 2Y25.77%
EPS Next 3Y24.9%
EPS Next 5Y19.12%
Revenue 1Y (TTM)9%
Revenue growth 3Y-0.3%
Revenue growth 5Y3.03%
Sales Q2Q%15.12%
Revenue Next Year5.01%
Revenue Next 2Y5.79%
Revenue Next 3Y6.23%
Revenue Next 5Y5.81%
EBIT growth 1Y72.85%
EBIT growth 3Y2.08%
EBIT growth 5Y-10.74%
EBIT Next Year137.35%
EBIT Next 3Y46.33%
EBIT Next 5YN/A
FCF growth 1Y92.57%
FCF growth 3Y134.45%
FCF growth 5Y-14.22%
OCF growth 1Y9.46%
OCF growth 3Y7.07%
OCF growth 5Y-9.04%
NATIONAL VISION HOLDINGS INC / EYE Fundamental Analysis FAQ
What is the fundamental rating for EYE stock?
ChartMill assigns a fundamental rating of 4 / 10 to EYE.
What is the valuation status for EYE stock?
ChartMill assigns a valuation rating of 3 / 10 to NATIONAL VISION HOLDINGS INC (EYE). This can be considered as Overvalued.
How profitable is NATIONAL VISION HOLDINGS INC (EYE) stock?
NATIONAL VISION HOLDINGS INC (EYE) has a profitability rating of 5 / 10.
Can you provide the expected EPS growth for EYE stock?
The Earnings per Share (EPS) of NATIONAL VISION HOLDINGS INC (EYE) is expected to grow by 24.96% in the next year.
How sustainable is the dividend of NATIONAL VISION HOLDINGS INC (EYE) stock?
The dividend rating of NATIONAL VISION HOLDINGS INC (EYE) is 0 / 10 and the dividend payout ratio is 0%.