NIKE INC -CL B (NKE.DE) Fundamental Analysis & Valuation
FRA:NKE • US6541061031
48.33 EUR
-0.2 (-0.42%)
Last: Mar 11, 2026, 05:27 PM
This NKE.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 5 out of 10 to NKE. NKE was compared to 45 industry peers in the Textiles, Apparel & Luxury Goods industry. NKE has only an average score on both its financial health and profitability. While showing a medium growth rate, NKE is valued expensive at the moment.
1. NKE.DE Profitability Analysis
1.1 Basic Checks
- In the past year NKE was profitable.
- In the past year NKE had a positive cash flow from operations.
- In the past 5 years NKE has always been profitable.
- In the past 5 years NKE always reported a positive cash flow from operatings.
1.2 Ratios
- NKE has a better Return On Assets (6.68%) than 62.22% of its industry peers.
- NKE's Return On Equity of 17.92% is fine compared to the rest of the industry. NKE outperforms 62.22% of its industry peers.
- The Return On Invested Capital of NKE (9.77%) is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for NKE is above the industry average of 13.73%.
- The last Return On Invested Capital (9.77%) for NKE is well below the 3 year average (16.64%), which needs to be investigated, but indicates that NKE had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.68% | ||
| ROE | 17.92% | ||
| ROIC | 9.77% |
ROA(3y)12.42%
ROA(5y)13.49%
ROE(3y)33.36%
ROE(5y)36.9%
ROIC(3y)16.64%
ROIC(5y)18.07%
1.3 Margins
- Looking at the Profit Margin, with a value of 5.43%, NKE is in line with its industry, outperforming 51.11% of the companies in the same industry.
- In the last couple of years the Profit Margin of NKE has remained more or less at the same level.
- Looking at the Operating Margin, with a value of 6.54%, NKE is doing worse than 66.67% of the companies in the same industry.
- NKE's Operating Margin has been stable in the last couple of years.
- NKE has a worse Gross Margin (41.13%) than 88.89% of its industry peers.
- NKE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.54% | ||
| PM (TTM) | 5.43% | ||
| GM | 41.13% |
OM growth 3Y-17.6%
OM growth 5Y-0.82%
PM growth 3Y-18.72%
PM growth 5Y0.48%
GM growth 3Y-2.41%
GM growth 5Y-0.32%
2. NKE.DE Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NKE is creating some value.
- NKE has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, NKE has less shares outstanding
- NKE has a better debt/assets ratio than last year.
2.2 Solvency
- The Debt to FCF ratio of NKE is 3.24, which is a good value as it means it would take NKE, 3.24 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 3.24, NKE perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
- NKE has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.50, NKE is in line with its industry, outperforming 57.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 3.24 | ||
| Altman-Z | N/A |
ROIC/WACC0.92
WACC10.66%
2.3 Liquidity
- A Current Ratio of 2.06 indicates that NKE has no problem at all paying its short term obligations.
- With a decent Current ratio value of 2.06, NKE is doing good in the industry, outperforming 68.89% of the companies in the same industry.
- A Quick Ratio of 1.40 indicates that NKE should not have too much problems paying its short term obligations.
- NKE has a Quick ratio of 1.40. This is in the better half of the industry: NKE outperforms 75.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.06 | ||
| Quick Ratio | 1.4 |
3. NKE.DE Growth Analysis
3.1 Past
- NKE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -47.85%.
- Measured over the past 5 years, NKE shows a small growth in Earnings Per Share. The EPS has been growing by 3.37% on average per year.
- The Revenue has decreased by -5.03% in the past year.
- Measured over the past years, NKE shows a small growth in Revenue. The Revenue has been growing by 4.36% on average per year.
EPS 1Y (TTM)-47.85%
EPS 3Y-16.87%
EPS 5Y3.37%
EPS Q2Q%-32.05%
Revenue 1Y (TTM)-5.03%
Revenue growth 3Y-0.29%
Revenue growth 5Y4.36%
Sales Q2Q%0.59%
3.2 Future
- The Earnings Per Share is expected to grow by 18.37% on average over the next years. This is quite good.
- Based on estimates for the next years, NKE will show a small growth in Revenue. The Revenue will grow by 4.12% on average per year.
EPS Next Y-26.35%
EPS Next 2Y4.73%
EPS Next 3Y9.32%
EPS Next 5Y18.37%
Revenue Next Year1.61%
Revenue Next 2Y2.75%
Revenue Next 3Y3.28%
Revenue Next 5Y4.12%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. NKE.DE Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 33.10 indicates a quite expensive valuation of NKE.
- NKE's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.25, NKE is valued a bit more expensive.
- NKE is valuated rather expensively with a Price/Forward Earnings ratio of 23.75.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NKE is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 24.39. NKE is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.1 | ||
| Fwd PE | 23.75 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NKE is valued more expensive than 80.00% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, NKE is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.65 | ||
| EV/EBITDA | 21.52 |
4.3 Compensation for Growth
- NKE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)9.82
EPS Next 2Y4.73%
EPS Next 3Y9.32%
5. NKE.DE Dividend Analysis
5.1 Amount
- NKE has a Yearly Dividend Yield of 2.83%.
- Compared to an average industry Dividend Yield of 1.97, NKE pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, NKE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
5.2 History
- On average, the dividend of NKE grows each year by 10.70%, which is quite nice.
Dividend Growth(5Y)10.7%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
- 94.06% of the earnings are spent on dividend by NKE. This is not a sustainable payout ratio.
- NKE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP94.06%
EPS Next 2Y4.73%
EPS Next 3Y9.32%
NKE.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:NKE (3/11/2026, 5:27:00 PM)
48.33
-0.2 (-0.42%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)12-18 2025-12-18/amc
Earnings (Next)03-18 2026-03-18/amc
Inst Owners83.12%
Inst Owner ChangeN/A
Ins Owners0.68%
Ins Owner ChangeN/A
Market Cap71.55B
Revenue(TTM)46.51B
Net Income(TTM)2.52B
Analysts75.91
Price Target64.94 (34.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
Yearly Dividend1.34
Dividend Growth(5Y)10.7%
DP94.06%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)58.62%
Min EPS beat(2)39.21%
Max EPS beat(2)78.04%
EPS beat(4)4
Avg EPS beat(4)52.07%
Min EPS beat(4)7.49%
Max EPS beat(4)83.55%
EPS beat(8)8
Avg EPS beat(8)35.87%
EPS beat(12)11
Avg EPS beat(12)31.06%
EPS beat(16)15
Avg EPS beat(16)27.2%
Revenue beat(2)2
Avg Revenue beat(2)3.1%
Min Revenue beat(2)0.69%
Max Revenue beat(2)5.51%
Revenue beat(4)4
Avg Revenue beat(4)2.51%
Min Revenue beat(4)0.69%
Max Revenue beat(4)5.51%
Revenue beat(8)6
Avg Revenue beat(8)0.85%
Revenue beat(12)8
Avg Revenue beat(12)1%
Revenue beat(16)12
Avg Revenue beat(16)1.33%
PT rev (1m)-0.78%
PT rev (3m)-10.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-38.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.1 | ||
| Fwd PE | 23.75 | ||
| P/S | 1.79 | ||
| P/FCF | 33.65 | ||
| P/OCF | 27.25 | ||
| P/B | 5.91 | ||
| P/tB | 6.13 | ||
| EV/EBITDA | 21.52 |
EPS(TTM)1.46
EY3.02%
EPS(NY)2.04
Fwd EY4.21%
FCF(TTM)1.44
FCFY2.97%
OCF(TTM)1.77
OCFY3.67%
SpS26.99
BVpS8.17
TBVpS7.88
PEG (NY)N/A
PEG (5Y)9.82
Graham Number16.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.68% | ||
| ROE | 17.92% | ||
| ROCE | 11.63% | ||
| ROIC | 9.77% | ||
| ROICexc | 14.35% | ||
| ROICexgc | 14.76% | ||
| OM | 6.54% | ||
| PM (TTM) | 5.43% | ||
| GM | 41.13% | ||
| FCFM | 5.32% |
ROA(3y)12.42%
ROA(5y)13.49%
ROE(3y)33.36%
ROE(5y)36.9%
ROIC(3y)16.64%
ROIC(5y)18.07%
ROICexc(3y)27.29%
ROICexc(5y)31.4%
ROICexgc(3y)28.17%
ROICexgc(5y)32.46%
ROCE(3y)19.82%
ROCE(5y)21.52%
ROICexgc growth 3Y-18.4%
ROICexgc growth 5Y0.36%
ROICexc growth 3Y-18.27%
ROICexc growth 5Y0.46%
OM growth 3Y-17.6%
OM growth 5Y-0.82%
PM growth 3Y-18.72%
PM growth 5Y0.48%
GM growth 3Y-2.41%
GM growth 5Y-0.32%
F-Score5
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 3.24 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 75.85% | ||
| Cap/Sales | 1.25% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.25% | ||
| Profit Quality | 98.06% | ||
| Current Ratio | 2.06 | ||
| Quick Ratio | 1.4 | ||
| Altman-Z | N/A |
F-Score5
WACC10.66%
ROIC/WACC0.92
Cap/Depr(3y)88.17%
Cap/Depr(5y)88.39%
Cap/Sales(3y)1.47%
Cap/Sales(5y)1.52%
Profit Quality(3y)104.57%
Profit Quality(5y)98.22%
High Growth Momentum
Growth
EPS 1Y (TTM)-47.85%
EPS 3Y-16.87%
EPS 5Y3.37%
EPS Q2Q%-32.05%
EPS Next Y-26.35%
EPS Next 2Y4.73%
EPS Next 3Y9.32%
EPS Next 5Y18.37%
Revenue 1Y (TTM)-5.03%
Revenue growth 3Y-0.29%
Revenue growth 5Y4.36%
Sales Q2Q%0.59%
Revenue Next Year1.61%
Revenue Next 2Y2.75%
Revenue Next 3Y3.28%
Revenue Next 5Y4.12%
EBIT growth 1Y-48.04%
EBIT growth 3Y-17.84%
EBIT growth 5Y3.51%
EBIT Next Year0.94%
EBIT Next 3Y16.33%
EBIT Next 5Y16.88%
FCF growth 1Y-60.76%
FCF growth 3Y-9.64%
FCF growth 5Y18.49%
OCF growth 1Y-57.75%
OCF growth 3Y-10.67%
OCF growth 5Y8.27%
NIKE INC -CL B / NKE.DE FAQ
What is the fundamental rating for NKE stock?
ChartMill assigns a fundamental rating of 5 / 10 to NKE.DE.
Can you provide the valuation status for NIKE INC -CL B?
ChartMill assigns a valuation rating of 1 / 10 to NIKE INC -CL B (NKE.DE). This can be considered as Overvalued.
How profitable is NIKE INC -CL B (NKE.DE) stock?
NIKE INC -CL B (NKE.DE) has a profitability rating of 6 / 10.
What is the expected EPS growth for NIKE INC -CL B (NKE.DE) stock?
The Earnings per Share (EPS) of NIKE INC -CL B (NKE.DE) is expected to decline by -26.35% in the next year.
How sustainable is the dividend of NIKE INC -CL B (NKE.DE) stock?
The dividend rating of NIKE INC -CL B (NKE.DE) is 6 / 10 and the dividend payout ratio is 94.06%.