NATIONAL VISION HOLDINGS INC (EYE) Stock Fundamental Analysis

NASDAQ:EYE • US63845R1077

26.97 USD
-0.29 (-1.06%)
At close: Feb 27, 2026
27 USD
+0.03 (+0.11%)
After Hours: 2/27/2026, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to EYE. EYE was compared to 123 industry peers in the Specialty Retail industry. Both the profitability and the financial health of EYE get a neutral evaluation. Nothing too spectacular is happening here. EYE is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year EYE was profitable.
  • 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.
  • In the past 5 years EYE always reported a positive cash flow from operatings.
EYE Yearly Net Income VS EBIT VS OCF VS FCFEYE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M

1.2 Ratios

  • EYE has a Return On Assets (-0.12%) which is in line with its industry peers.
  • EYE's Return On Equity of -0.27% is in line compared to the rest of the industry. EYE outperforms 53.66% of its industry peers.
  • EYE's Return On Invested Capital of 2.98% is in line compared to the rest of the industry. EYE outperforms 50.41% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for EYE is significantly below the industry average of 13.61%.
  • The last Return On Invested Capital (2.98%) for EYE is above the 3 year average (1.97%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -0.12%
ROE -0.27%
ROIC 2.98%
ROA(3y)-0.87%
ROA(5y)0.91%
ROE(3y)-2.25%
ROE(5y)2.22%
ROIC(3y)1.97%
ROIC(5y)3.59%
EYE Yearly ROA, ROE, ROICEYE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

  • EYE has a Operating Margin (3.03%) which is in line with its industry peers.
  • EYE's Operating Margin has declined in the last couple of years.
  • EYE has a better Gross Margin (58.69%) than 86.99% of its industry peers.
  • In the last couple of years the Gross Margin of EYE has grown nicely.
Industry RankSector Rank
OM 3.03%
PM (TTM) N/A
GM 58.69%
OM growth 3Y-36.53%
OM growth 5Y-14.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.94%
GM growth 5Y1.77%
EYE Yearly Profit, Operating, Gross MarginsEYE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EYE is destroying value.
  • Compared to 1 year ago, EYE has more shares outstanding
  • EYE has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for EYE has been reduced compared to a year ago.
EYE Yearly Shares OutstandingEYE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
EYE Yearly Total Debt VS Total AssetsEYE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 2.31 indicates that EYE is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of EYE (2.31) is comparable to the rest of the industry.
  • The Debt to FCF ratio of EYE is 3.05, which is a good value as it means it would take EYE, 3.05 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.05, EYE is in the better half of the industry, outperforming 73.17% of the companies in the same industry.
  • A Debt/Equity ratio of 0.28 indicates that EYE is not too dependend on debt financing.
  • EYE has a Debt to Equity ratio of 0.28. This is comparable to the rest of the industry: EYE outperforms 59.35% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.28
Debt/FCF 3.05
Altman-Z 2.31
ROIC/WACC0.33
WACC9.01%
EYE Yearly LT Debt VS Equity VS FCFEYE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

  • A Current Ratio of 0.53 indicates that EYE may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.53, EYE is doing worse than 89.43% of the companies in the same industry.
  • A Quick Ratio of 0.32 indicates that EYE may have some problems paying its short term obligations.
  • EYE has a worse Quick ratio (0.32) than 67.48% of its industry peers.
Industry RankSector Rank
Current Ratio 0.53
Quick Ratio 0.32
EYE Yearly Current Assets VS Current LiabilitesEYE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • EYE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.02%.
  • EYE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.68% yearly.
  • Looking at the last year, EYE shows a small growth in Revenue. The Revenue has grown by 1.53% in the last year.
  • The Revenue has been growing slightly by 1.12% on average over the past years.
EPS 1Y (TTM)7.02%
EPS 3Y-27.94%
EPS 5Y-7.68%
EPS Q2Q%8.33%
Revenue 1Y (TTM)1.53%
Revenue growth 3Y-4.29%
Revenue growth 5Y1.12%
Sales Q2Q%7.93%

3.2 Future

  • The Earnings Per Share is expected to grow by 24.52% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 6.18% on average over the next years.
EPS Next Y28.45%
EPS Next 2Y30.06%
EPS Next 3Y27.73%
EPS Next 5Y24.52%
Revenue Next Year7.71%
Revenue Next 2Y6.3%
Revenue Next 3Y6.19%
Revenue Next 5Y6.18%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
EYE Yearly Revenue VS EstimatesEYE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B 2.5B
EYE Yearly EPS VS EstimatesEYE Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 44.21 indicates a quite expensive valuation of EYE.
  • EYE's Price/Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Earnings ratio is at 27.07. EYE is valued rather expensively when compared to this.
  • Based on the Price/Forward Earnings ratio of 28.99, the valuation of EYE can be described as expensive.
  • EYE's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 28.05. EYE is around the same levels.
Industry RankSector Rank
PE 44.21
Fwd PE 28.99
EYE Price Earnings VS Forward Price EarningsEYE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • EYE's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, EYE is valued a bit cheaper than 64.23% of the companies in the same industry.
Industry RankSector Rank
P/FCF 25.78
EV/EBITDA 15.72
EYE Per share dataEYE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

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 27.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.55
PEG (5Y)N/A
EPS Next 2Y30.06%
EPS Next 3Y27.73%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for EYE!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

NATIONAL VISION HOLDINGS INC

NASDAQ:EYE (2/27/2026, 8:00:02 PM)

After market: 27 +0.03 (+0.11%)

26.97

-0.29 (-1.06%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)11-05
Earnings (Next)03-04
Inst Owners115.97%
Inst Owner Change3.52%
Ins Owners1.94%
Ins Owner Change-0.81%
Market Cap2.14B
Revenue(TTM)1.92B
Net Income(TTM)-2.31M
Analysts81.33
Price Target33.97 (25.95%)
Short Float %12.32%
Short Ratio7.93
Dividend
Industry RankSector 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)14.36%
Min EPS beat(2)-1.54%
Max EPS beat(2)30.26%
EPS beat(4)3
Avg EPS beat(4)12.73%
Min EPS beat(4)-1.54%
Max EPS beat(4)30.26%
EPS beat(8)7
Avg EPS beat(8)37.55%
EPS beat(12)10
Avg EPS beat(12)15.61%
EPS beat(16)14
Avg EPS beat(16)78.1%
Revenue beat(2)2
Avg Revenue beat(2)2.17%
Min Revenue beat(2)1.85%
Max Revenue beat(2)2.49%
Revenue beat(4)3
Avg Revenue beat(4)1.11%
Min Revenue beat(4)-0.31%
Max Revenue beat(4)2.49%
Revenue beat(8)4
Avg Revenue beat(8)-0.03%
Revenue beat(12)6
Avg Revenue beat(12)-0.14%
Revenue beat(16)8
Avg Revenue beat(16)-0.14%
PT rev (1m)1.22%
PT rev (3m)8.12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.94%
EPS NY rev (1m)0%
EPS NY rev (3m)1.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.91%
Valuation
Industry RankSector Rank
PE 44.21
Fwd PE 28.99
P/S 1.11
P/FCF 25.78
P/OCF 13.09
P/B 2.49
P/tB N/A
EV/EBITDA 15.72
EPS(TTM)0.61
EY2.26%
EPS(NY)0.93
Fwd EY3.45%
FCF(TTM)1.05
FCFY3.88%
OCF(TTM)2.06
OCFY7.64%
SpS24.23
BVpS10.83
TBVpS-1.14
PEG (NY)1.55
PEG (5Y)N/A
Graham Number12.19
Profitability
Industry RankSector Rank
ROA -0.12%
ROE -0.27%
ROCE 3.78%
ROIC 2.98%
ROICexc 3.1%
ROICexgc 8.57%
OM 3.03%
PM (TTM) N/A
GM 58.69%
FCFM 4.32%
ROA(3y)-0.87%
ROA(5y)0.91%
ROE(3y)-2.25%
ROE(5y)2.22%
ROIC(3y)1.97%
ROIC(5y)3.59%
ROICexc(3y)2.16%
ROICexc(5y)4.2%
ROICexgc(3y)5.73%
ROICexgc(5y)11.7%
ROCE(3y)2.5%
ROCE(5y)4.55%
ROICexgc growth 3Y-36.81%
ROICexgc growth 5Y-9.61%
ROICexc growth 3Y-36.88%
ROICexc growth 5Y-10.66%
OM growth 3Y-36.53%
OM growth 5Y-14.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.94%
GM growth 5Y1.77%
F-Score7
Asset Turnover0.98
Health
Industry RankSector Rank
Debt/Equity 0.28
Debt/FCF 3.05
Debt/EBITDA 1.59
Cap/Depr 88.98%
Cap/Sales 4.19%
Interest Coverage 2.85
Cash Conversion 109.92%
Profit Quality N/A
Current Ratio 0.53
Quick Ratio 0.32
Altman-Z 2.31
F-Score7
WACC9.01%
ROIC/WACC0.33
Cap/Depr(3y)109.9%
Cap/Depr(5y)102.38%
Cap/Sales(3y)5.81%
Cap/Sales(5y)5.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.02%
EPS 3Y-27.94%
EPS 5Y-7.68%
EPS Q2Q%8.33%
EPS Next Y28.45%
EPS Next 2Y30.06%
EPS Next 3Y27.73%
EPS Next 5Y24.52%
Revenue 1Y (TTM)1.53%
Revenue growth 3Y-4.29%
Revenue growth 5Y1.12%
Sales Q2Q%7.93%
Revenue Next Year7.71%
Revenue Next 2Y6.3%
Revenue Next 3Y6.19%
Revenue Next 5Y6.18%
EBIT growth 1Y74.46%
EBIT growth 3Y-39.25%
EBIT growth 5Y-13.48%
EBIT Next Year203.78%
EBIT Next 3Y58.43%
EBIT Next 5YN/A
FCF growth 1Y98.46%
FCF growth 3Y-38.43%
FCF growth 5Y-9.78%
OCF growth 1Y8.08%
OCF growth 3Y-19.78%
OCF growth 5Y-4.14%

NATIONAL VISION HOLDINGS INC / EYE 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.


Can you provide the profitability details for NATIONAL VISION HOLDINGS INC?

NATIONAL VISION HOLDINGS INC (EYE) has a profitability rating of 4 / 10.


What is the valuation of NATIONAL VISION HOLDINGS INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for NATIONAL VISION HOLDINGS INC (EYE) is 44.21 and the Price/Book (PB) ratio is 2.49.


Can you provide the financial health for EYE stock?

The financial health rating of NATIONAL VISION HOLDINGS INC (EYE) is 4 / 10.