NIKE, Inc.

NIKE, Inc.

NKEยทNYSE

$43.81

+0.18%
Consumer CyclicalApparel - Footwear & Accessories

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

At a Glance

Live Snapshot
Market Cap$64.77B
EPS2.1700
P/E Ratio20.19
Earnings Date06/25/2026
NIKE, Inc.

NIKE, Inc. Fair Value Envelope

NKE ยท NYSE

Our analysis suggests that NKE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $43.81, this represents a potential HIDDEN relative to our calculated worth for NIKE, Inc..

Intrinsic Value
Current Price: $43.81

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$3.1B
+ Cash & Equivalents$7.5B
Firm Value$10.6B
- Debt$11.0B
Equity Value-$413.8M
/ Shares Outstanding1,478,193,425B
DCF Value-$0
OVERVALUED BY 101%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.8B
$924.5M
$462.3M
$231.1M
$115.6M
$57.8M
$28.9M
$14.4M
$7.2M
$3.6M
Maintenance CapEx
-$43.0M
-$21.5M
-$10.8M
-$5.4M
-$2.7M
-$1.3M
-$671.9K
-$335.9K
-$168.0K
-$84.0K
Owner Earnings
$1.8B
$903.0M
$451.5M
$225.8M
$112.9M
$56.4M
$28.2M
$14.1M
$7.1M
$3.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.7B
$774.2M
$358.4M
$165.9M
$76.8M
$35.6M
$16.5M
$7.6M
$3.5M
$1.6M
Terminal Value represents 0.9% of Enterprise Value