Nike Inc

LIM : NKE
USA·Consumer Cyclical·Manufacturing - Apparel & Accessories·Class B
$38.60
+0.00 (+0.00%)latest daily quote
Market Cap
$57.14B
Enterprise Value
$59.15B
P/E (TTM)
18.95
P/B
3.95
Net Cash / (Debt)
−$2.01B
52-Week Range
—
5-Year Range
—
Avg Volume (3M)
414

Nike designs and sells athletic footwear, apparel, and equipment under the Nike, Jordan, Converse, and NikeSkims brands. Footwear accounts for roughly two-thirds of revenue, with running, basketball, and soccer as core categories. Customers are general consumers worldwide, from casual wearers to serious athletes. Nike sells through its own retail stores, e-commerce platforms in 40+ countries, and third-party retailers; it also has about 5,500 franchised stores in China. The company outsources nearly all manufacturing to contract factories across 30+ countries, so its core business is brand management, design, and distribution rather than production.

Employees73,000IPOAug 11, 2015SIC3021HQOne Bowerman Drive, Beaverton, OR, USA, 97005-6453
to

Financials

Profitability

Metric
Current
Margins
Gross Margin
42.9%
Operating Margin
8.2%
EBITDA Margin
9.9%
Net Margin
6.7%
OCF Margin
6.2%
FCF Margin
4.7%
Returns on Capital
ROE
22.3%
ROA
8.3%
ROIC
13.8%
ROCE
14.5%
ROC (Greenblatt)
29.6%
3Y ROIIC
−156.3%
Consistency
Years Profitable / 10Y
10

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
18.95
Forward P/E
22.48
P/E ex-NRI
18.95
Shiller P/E (CAPE)
12.59
Cash Flow Multiples
P/FCF
26.87
P/OCF
20.47
P/Owner Earnings
37.08
FCF Yield
3.72%
Enterprise Value Multiples
EV / EBIT
16.00
EV / Forward EBIT
19.44
EV / EBITDA
13.22
EV / Forward EBITDA
15.69
EV / Revenue
1.31
EV / Forward Revenue
1.33
Asset / Sales
P/S
1.26
P/B
3.95
P/Tangible Book
4.09
Growth-Adjusted
PEG
—

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
4.22%
Forward Dividend Yield
4.25%
3Y Dividend Growth
7.1%
Payout Ratio
0.78
5Y Yield on Cost
6.49%
Buybacks & Dilution
3Y Buyback Ratio
1.10%
Combined
Shareholder Yield
5.46%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
0.74
Gross Debt / EBITDA
2.40
Cash / Debt
0.82
Equity / Assets
0.39
Coverage
Interest Coverage
—
Short-Term Liquidity
Current Ratio
1.96
Quick Ratio
1.36
Cash Ratio
0.72
Composite Scores
Piotroski F-Score
6
Altman Z-Score
3.41

5-Step DuPont Analysis

ROE %
22.14%
Net Margin %
6.70%
Operating Margin %
8.18%
Operating Income
$3.80B
÷
Revenue
$46.40B
×
Tax Burden
0.7969
Net Income
$3.11B
÷
Pretax Income
$3.90B
×
Interest Burden
1.0271
Pretax Income
$3.90B
÷
Operating Income
$3.80B
×
Asset Turnover
1.24
Revenue
$46.40B
÷
Average Total Assets
$37.49B
Begin Total Assets
$36.58B
End Total Assets
$38.41B
×
Equity Multiplier
2.67
Avg Total Assets
$37.49B
÷
Avg Stockholders Equity
$14.04B
Begin Equity
$13.21B
End Equity
$14.87B