Nike, Inc. - Ordinary Shares - Class B


Market Cap$163.92B

Compare Nike - Ordinary Shares

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Nike, Inc. - Ordinary Shares - Class BNike, Inc. - Ordinary Shares - Class B24.31.32%37%3.20.6
marketMarket Avg49.61.28%30%6.11.1
Consumer DiscretionaryConsumer Discretionary Avg25.60.72%65%3.31.9

Earnings Call Q2 2024

December 21, 2023 - AI Summary

NIKE reported a 1% increase in revenue for the second quarter, with gross margins expanding despite a highly promotional marketplace.
The company experienced strong growth during key consumer moments such as Black Friday and Cyber Week, but saw softer demand outside of these periods.
NIKE is focusing on driving innovation and newness in its product portfolio to create brand distinction and attract consumers in a cautious market environment.
The company plans to reduce marketplace supply of key franchises to focus on new products and accelerate its product innovation cycle.
NIKE announced a plan to achieve up to $2 billion in cost savings over the next three years, which will be reinvested to fuel future growth and profitability.
The company adjusted its full-year financial outlook due to increased macro headwinds, particularly in Greater China and EMEA, and lowered its guidance for Q3 and Q4. However, it expects strong gross margin expansion and disciplined cost controls to offset softer revenue and drive earnings growth.

Target Price by Analysts

19.6% upsideNike - Ordinary Shares Target Price DetailsTarget Price

Current Fair Value

6.3% upside

Undervalued by 6.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$163.92 Billion
Enterprise Value$162.93 Billion
Dividend Yield$1.3832 (1.32%)
Earnings per Share$3.42
Outstanding Shares1,560,000,000
Avg 30 Day Volume8,632,881


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio24.27
Price to Sales3.19
Price to Book Ratio11.68
Enterprise Value to Revenue3.16
Enterprise Value to EBIT26.88
Enterprise Value to Net Income30
Total Debt to Enterprise0.05
Debt to Equity0.63

Revenue Sources

No data

ESG Score

No data

About Nike, Inc.

75,400 employees
CEO: John Donahoe

NIKE, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholl...