NIKE INC -CL B (NKE.DE) Fundamental Analysis & Valuation
FRA:NKE • US6541061031
Current stock price
37.865 EUR
-1.3 (-3.32%)
Last:
This NKE.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. NKE.DE Profitability Analysis
1.1 Basic Checks
- NKE had positive earnings in the past year.
- NKE had a positive operating cash flow in the past year.
- NKE had positive earnings in each of the past 5 years.
- Each year in the past 5 years NKE had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 6.68%, NKE is doing good in the industry, outperforming 67.44% of the companies in the same industry.
- NKE has a better Return On Equity (17.92%) than 72.09% of its industry peers.
- NKE has a Return On Invested Capital of 9.77%. This is comparable to the rest of the industry: NKE outperforms 53.49% of its industry peers.
- NKE had an Average Return On Invested Capital over the past 3 years of 16.64%. This is above the industry average of 12.22%.
- The 3 year average ROIC (16.64%) for NKE is well above the current ROIC(9.77%). The reason for the recent decline needs to be investigated.
| 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
- NKE has a Profit Margin of 5.43%. This is comparable to the rest of the industry: NKE outperforms 55.81% of its industry peers.
- In the last couple of years the Profit Margin of NKE has remained more or less at the same level.
- NKE has a Operating Margin of 6.54%. This is in the lower half of the industry: NKE underperforms 60.47% of its industry peers.
- In the last couple of years the Operating Margin of NKE has remained more or less at the same level.
- The Gross Margin of NKE (41.13%) is worse than 83.72% 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.
- Looking at the Debt to FCF ratio, with a value of 3.24, NKE is in the better half of the industry, outperforming 60.47% 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 the better half of the industry, outperforming 62.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 3.24 | ||
| Altman-Z | N/A |
ROIC/WACC0.96
WACC10.19%
2.3 Liquidity
- NKE has a Current Ratio of 2.06. This indicates that NKE is financially healthy and has no problem in meeting its short term obligations.
- NKE has a better Current ratio (2.06) than 76.74% of its industry peers.
- NKE has a Quick Ratio of 1.40. This is a normal value and indicates that NKE is financially healthy and should not expect problems in meeting its short term obligations.
- NKE's Quick ratio of 1.40 is amongst the best of the industry. NKE outperforms 81.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.06 | ||
| Quick Ratio | 1.4 |
3. NKE.DE Growth Analysis
3.1 Past
- The earnings per share for NKE have decreased strongly by -47.85% in the last year.
- The Earnings Per Share has been growing slightly by 3.37% on average over the past years.
- The Revenue has decreased by -5.03% in the past year.
- NKE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.36% yearly.
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
- Based on estimates for the next years, NKE will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.37% on average per year.
- The Revenue is expected to grow by 4.12% on average over the next years.
EPS Next Y-26.35%
EPS Next 2Y4.73%
EPS Next 3Y9.32%
EPS Next 5Y18.37%
Revenue Next Year1.71%
Revenue Next 2Y2.74%
Revenue Next 3Y3.21%
Revenue Next 5Y4.12%
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 stable.
4. NKE.DE Valuation Analysis
4.1 Price/Earnings Ratio
- NKE is valuated quite expensively with a Price/Earnings ratio of 25.93.
- The rest of the industry has a similar Price/Earnings ratio as NKE.
- The average S&P500 Price/Earnings ratio is at 25.60. NKE is around the same levels.
- NKE is valuated rather expensively with a Price/Forward Earnings ratio of 18.55.
- NKE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NKE is cheaper than 69.77% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 22.84, NKE is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.93 | ||
| Fwd PE | 18.55 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NKE is valued a bit more expensive than the industry average as 67.44% of the companies are valued more cheaply.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of NKE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.28 | ||
| EV/EBITDA | 17.22 |
4.3 Compensation for Growth
- The decent profitability rating of NKE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)7.69
EPS Next 2Y4.73%
EPS Next 3Y9.32%
5. NKE.DE Dividend Analysis
5.1 Amount
- NKE has a Yearly Dividend Yield of 3.15%. Purely for dividend investing, there may be better candidates out there.
- In the last 3 months the price of NKE has falen by -29.65%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
- NKE's Dividend Yield is rather good when compared to the industry average which is at 2.11. NKE pays more dividend than 81.40% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.88, NKE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.15% |
5.2 History
- The dividend of NKE is nicely growing with an annual growth rate of 10.70%!
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 (4/2/2026, 5:28:13 PM)
37.865
-1.3 (-3.32%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)03-18 2026-03-18/amc
Earnings (Next)06-24 2026-06-24/amc
Inst Owners83.12%
Inst Owner ChangeN/A
Ins Owners0.68%
Ins Owner ChangeN/A
Market Cap56.05B
Revenue(TTM)46.51B
Net Income(TTM)2.52B
Analysts75.91
Price Target64.94 (71.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.15% |
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)-5.93%
EPS NQ rev (1m)0.8%
EPS NQ rev (3m)-2.13%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.9%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.22%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)-0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.93 | ||
| Fwd PE | 18.55 | ||
| P/S | 1.4 | ||
| P/FCF | 26.28 | ||
| P/OCF | 21.29 | ||
| P/B | 4.62 | ||
| P/tB | 4.79 | ||
| EV/EBITDA | 17.22 |
EPS(TTM)1.46
EY3.86%
EPS(NY)2.04
Fwd EY5.39%
FCF(TTM)1.44
FCFY3.8%
OCF(TTM)1.78
OCFY4.7%
SpS27.07
BVpS8.2
TBVpS7.91
PEG (NY)N/A
PEG (5Y)7.69
Graham Number16.41
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
WACC10.19%
ROIC/WACC0.96
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 Year1.71%
Revenue Next 2Y2.74%
Revenue Next 3Y3.21%
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 Fundamental Analysis FAQ
What is the fundamental rating for NKE stock?
ChartMill assigns a fundamental rating of 5 / 10 to NKE.DE.
What is the valuation status of NIKE INC -CL B (NKE.DE) stock?
ChartMill assigns a valuation rating of 2 / 10 to NIKE INC -CL B (NKE.DE). This can be considered as Overvalued.
Can you provide the profitability details for NIKE INC -CL B?
NIKE INC -CL B (NKE.DE) has a profitability rating of 6 / 10.
Can you provide the financial health for NKE stock?
The financial health rating of NIKE INC -CL B (NKE.DE) is 6 / 10.
Can you provide the dividend sustainability for NKE stock?
The dividend rating of NIKE INC -CL B (NKE.DE) is 6 / 10 and the dividend payout ratio is 94.06%.