DICK'S Sporting Goods, Inc.

DB:DSG Stock Report

Market Cap: €18.2b

DICK'S Sporting Goods Valuation

Is DSG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DSG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DSG (€219.1) is trading below our estimate of fair value (€231.01)

Significantly Below Fair Value: DSG is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DSG?

Key metric: As DSG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DSG. This is calculated by dividing DSG's market cap by their current earnings.
What is DSG's PE Ratio?
PE Ratio15.9x
EarningsUS$1.16b
Market CapUS$18.64b

Price to Earnings Ratio vs Peers

How does DSG's PE Ratio compare to its peers?

The above table shows the PE ratio for DSG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.2x
FIE Fielmann Group
24.9x18.9%€3.5b
DOU Douglas
25.6x25.4%€2.2b
ZAL Zalando
40.5x19.8%€8.3b
HBM HORNBACH Baumarkt
25.8xn/a€1.9b
DSG DICK'S Sporting Goods
15.9x3.4%€18.6b

Price-To-Earnings vs Peers: DSG is good value based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (29.2x).

Price to Earnings Ratio vs Industry

How does DSG's PE Ratio compare vs other companies in the European Specialty Retail Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DSG 15.9xIndustry Avg. 16.4xNo. of Companies12PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DSG is good value based on its Price-To-Earnings Ratio (15.9x) compared to the European Specialty Retail industry average (16.4x).

Price to Earnings Ratio vs Fair Ratio

What is DSG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DSG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.9x
Fair PE Ratio15.4x

Price-To-Earnings vs Fair Ratio: DSG is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the estimated Fair Price-To-Earnings Ratio (15.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DSG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€219.10
€227.23
+3.7%
13.3%€266.45€147.50n/a23
Dec ’25€199.88
€225.98
+13.1%
13.3%€265.02€146.71n/a23
Nov ’25€178.02
€217.75
+22.3%
13.0%€248.24€142.51n/a23
Oct ’25€184.88
€215.12
+16.4%
13.0%€251.97€139.48n/a24
Sep ’25€212.60
€216.17
+1.7%
13.5%€253.34€103.15n/a24
Aug ’25€198.86
€220.35
+10.8%
13.1%€258.69€105.32n/a24
Jul ’25€197.64
€222.65
+12.7%
13.4%€260.57€106.09n/a23
Jun ’25€204.55
€220.31
+7.7%
14.3%€258.55€97.88n/a22
May ’25€188.94
€208.57
+10.4%
13.0%€243.05€99.09n/a23
Apr ’25€203.20
€206.02
+1.4%
13.7%€231.35€90.69n/a22
Mar ’25€161.92
€143.65
-11.3%
15.9%€184.56€90.43n/a21
Feb ’25€137.06
€135.37
-1.2%
15.5%€184.00€90.16n/a22
Jan ’25€130.88
€127.42
-2.6%
14.7%€180.10€88.25€220.7522
Dec ’24€118.88
€125.68
+5.7%
14.2%€182.74€84.06€199.8822
Nov ’24€99.86
€123.74
+23.9%
16.0%€188.84€86.87€178.0221
Oct ’24€101.24
€121.21
+19.7%
16.0%€185.06€85.13€184.8821
Sep ’24€106.10
€121.21
+14.2%
16.0%€185.06€85.13€212.6021
Aug ’24€128.50
€141.82
+10.4%
14.4%€184.24€84.75€198.8621
Jul ’24€118.58
€141.21
+19.1%
14.7%€183.62€81.71€197.6421
Jun ’24€118.16
€142.82
+20.9%
14.7%€186.00€82.77€204.5521
May ’24€129.32
€147.05
+13.7%
13.2%€185.30€82.46€188.9421
Apr ’24€123.80
€147.05
+18.8%
13.2%€185.30€82.46€203.2021
Mar ’24€119.36
€126.93
+6.3%
13.8%€155.69€76.91€161.9221
Feb ’24€120.48
€125.39
+4.1%
13.3%€153.71€76.39€137.0620
Jan ’24€110.18
€124.04
+12.6%
12.6%€150.58€77.17€130.8820

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 10:42
End of Day Share Price 2025/01/02 00:00
Earnings2024/11/02
Annual Earnings2024/02/03

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DICK'S Sporting Goods, Inc. is covered by 58 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher GrajaArgus Research Company
David TurnerAvondale Partners
Peter BenedictBaird