NATIONAL VISION HOLDINGS INC (EYE) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:EYE • US63845R1077

28.92 USD
+1.3 (+4.71%)
At close: Feb 6, 2026
29.8331 USD
+0.91 (+3.16%)
After Hours: 2/6/2026, 4:43:59 PM
Fundamental Rating

4

EYE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 121 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. While showing a medium growth rate, EYE is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • EYE had positive earnings in the past year.
  • EYE had a positive operating cash flow in the past year.
  • In multiple years EYE reported negative net income over the last 5 years.
  • EYE had a positive operating cash flow in each of the past 5 years.
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

  • The Return On Assets of EYE (-0.12%) is comparable to the rest of the industry.
  • EYE has a Return On Equity (-0.27%) which is in line with its industry peers.
  • EYE has a Return On Invested Capital (2.98%) which is comparable to the rest of the industry.
  • EYE had an Average Return On Invested Capital over the past 3 years of 1.97%. This is significantly below the industry average of 12.09%.
  • The 3 year average ROIC (1.97%) for EYE is below the current ROIC(2.98%), indicating increased profibility in the last year.
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 comparable to the rest of the industry.
  • EYE's Operating Margin has declined in the last couple of years.
  • EYE's Gross Margin of 58.69% is amongst the best of the industry. EYE outperforms 86.78% of its industry peers.
  • EYE's Gross Margin has improved in the last couple of years.
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

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EYE is destroying value.
  • The number of shares outstanding for EYE has been increased compared to 1 year ago.
  • EYE has less shares outstanding than it did 5 years ago.
  • EYE has a better debt/assets ratio than last year.
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 2.33 indicates that EYE is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 2.33, EYE perfoms like the industry average, outperforming 51.24% of the companies in the same industry.
  • EYE has a debt to FCF ratio of 3.05. This is a good value and a sign of high solvency as EYE would need 3.05 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 3.05, EYE is doing good in the industry, outperforming 72.73% of the companies in the same industry.
  • A Debt/Equity ratio of 0.28 indicates that EYE is not too dependend on debt financing.
  • The Debt to Equity ratio of EYE (0.28) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.28
Debt/FCF 3.05
Altman-Z 2.33
ROIC/WACC0.32
WACC9.32%
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

  • EYE has a Current Ratio of 0.53. This is a bad value and indicates that EYE is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.53, EYE is doing worse than 90.91% 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.
  • Looking at the Quick ratio, with a value of 0.32, EYE is doing worse than 68.59% of the companies in the same industry.
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

More info and screens

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

5

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 7.02% over the past year.
  • The Earnings Per Share has been decreasing by -7.68% on average over the past years.
  • Looking at the last year, EYE shows a small growth in Revenue. The Revenue has grown by 1.53% in the last year.
  • EYE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.12% yearly.
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

  • Based on estimates for the next years, EYE will show a very strong growth in Earnings Per Share. The EPS will grow by 24.52% on average per year.
  • Based on estimates for the next years, EYE will show a small growth in Revenue. The Revenue will grow by 6.18% on average per year.
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

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • 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

  • The Price/Earnings ratio is 47.41, which means the current valuation is very expensive for EYE.
  • EYE's Price/Earnings ratio is in line with the industry average.
  • EYE is valuated expensively when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 31.08, which means the current valuation is very expensive for EYE.
  • EYE's Price/Forward Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.20, EYE is valued at the same level.
Industry RankSector Rank
PE 47.41
Fwd PE 31.08
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 is on the same level as the industry average.
  • Based on the Price/Free Cash Flow ratio, EYE is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 27.65
EV/EBITDA 16.06
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

  • EYE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as EYE's earnings are expected to grow with 27.73% in the coming years.
PEG (NY)1.67
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

  • EYE does not give a dividend.
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 (2/6/2026, 4:43:59 PM)

After market: 29.8331 +0.91 (+3.16%)

28.92

+1.3 (+4.71%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)11-05
Earnings (Next)02-24
Inst Owners115.97%
Inst Owner Change0.16%
Ins Owners1.94%
Ins Owner Change1.74%
Market Cap2.29B
Revenue(TTM)1.92B
Net Income(TTM)-2.31M
Analysts81.33
Price Target33.56 (16.04%)
Short Float %12.15%
Short Ratio7.28
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)0%
PT rev (3m)10.4%
EPS NQ rev (1m)3.1%
EPS NQ rev (3m)36.7%
EPS NY rev (1m)0.42%
EPS NY rev (3m)0.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.23%
Revenue NY rev (1m)-0.2%
Revenue NY rev (3m)0.91%
Valuation
Industry RankSector Rank
PE 47.41
Fwd PE 31.08
P/S 1.19
P/FCF 27.65
P/OCF 14.04
P/B 2.67
P/tB N/A
EV/EBITDA 16.06
EPS(TTM)0.61
EY2.11%
EPS(NY)0.93
Fwd EY3.22%
FCF(TTM)1.05
FCFY3.62%
OCF(TTM)2.06
OCFY7.12%
SpS24.23
BVpS10.83
TBVpS-1.14
PEG (NY)1.67
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 2.33
F-Score7
WACC9.32%
ROIC/WACC0.32
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 47.41 and the Price/Book (PB) ratio is 2.67.


Can you provide the financial health for EYE stock?

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