Nordstrom, Inc.

DB:NRD Stock Report

Market Cap: €3.9b

Nordstrom Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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 NRD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NRD (€22.97) is trading below our estimate of fair value (€34.37)

Significantly Below Fair Value: NRD is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NRD. This is calculated by dividing NRD's market cap by their current earnings.
What is NRD's PE Ratio?
PE Ratio15.4x
EarningsUS$262.00m
Market CapUS$4.05b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NRD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average48.3x
ECK LUDWIG BECK am Rathauseck - Textilhaus Feldmeier
101.6xn/a€53.9m
FIE Fielmann Group
24.4x18.9%€3.4b
HBM HORNBACH Baumarkt
25.8xn/a€1.9b
ZAL Zalando
41.5x21.6%€8.5b
NRD Nordstrom
15.4x19.5%€4.0b

Price-To-Earnings vs Peers: NRD is good value based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (48.3x).

Price to Earnings Ratio vs Industry

How does NRD's PE Ratio compare vs other companies in the Global Multiline Retail Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NRD 15.4xIndustry Avg. 22.1xNo. of Companies24PE01632486480+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NRD is good value based on its Price-To-Earnings Ratio (15.4x) compared to the Global Multiline Retail industry average (22.1x).

Price to Earnings Ratio vs Fair Ratio

What is NRD'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.

NRD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.4x
Fair PE Ratio15.8x

Price-To-Earnings vs Fair Ratio: NRD is good value based on its Price-To-Earnings Ratio (15.4x) compared to the estimated Fair Price-To-Earnings Ratio (15.8x).

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 NRD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€22.97
€22.73
-1.1%
21.1%€36.58€13.78n/a13
Dec ’25€21.14
€22.26
+5.3%
21.6%€36.44€13.72n/a14
Nov ’25€20.50
€19.98
-2.5%
23.5%€34.67€11.71n/a15
Oct ’25€20.01
€19.98
-0.1%
23.5%€34.67€11.71n/a15
Sep ’25€19.70
€19.66
-0.2%
24.3%€34.64€11.70n/a15
Aug ’25€20.97
€18.72
-10.7%
27.6%€35.60€11.10n/a15
Jul ’25€19.59
€18.42
-6.0%
27.8%€35.49€11.06n/a15
Jun ’25€18.30
€18.42
+0.7%
27.8%€35.49€11.06n/a15
May ’25€18.00
€18.31
+1.7%
30.0%€36.17€11.27n/a16
Apr ’25€18.26
€17.83
-2.3%
31.6%€35.84€11.17n/a16
Mar ’25€19.26
€16.54
-14.1%
34.8%€36.88€11.06n/a16
Feb ’25€16.68
€15.85
-5.0%
36.4%€36.76€11.03n/a16
Jan ’25€16.94
€15.73
-7.1%
35.4%€36.50€10.95n/a17
Dec ’24€14.20
€15.73
+10.8%
35.4%€36.50€10.95€21.1417
Nov ’24€13.12
€17.98
+37.0%
33.0%€37.85€10.41€20.5016
Oct ’24€13.58
€18.51
+36.3%
31.6%€37.85€10.41€20.0116
Sep ’24€14.86
€18.03
+21.3%
31.1%€36.74€10.10€19.7016
Aug ’24€20.90
€18.15
-13.1%
31.1%€37.36€11.21€20.9716
Jul ’24€18.40
€18.15
-1.3%
31.1%€37.36€11.21€19.5916
Jun ’24€15.10
€18.01
+19.3%
31.4%€37.18€11.15€18.3016
May ’24€13.84
€18.21
+31.6%
30.4%€36.88€11.06€18.0016
Apr ’24€14.21
€18.21
+28.1%
30.4%€36.88€11.06€18.2616
Mar ’24€18.22
€18.38
+0.9%
29.9%€37.92€11.37€19.2618
Feb ’24€17.62
€17.27
-1.9%
30.8%€36.88€11.06€16.6819
Jan ’24€14.89
€20.83
+39.9%
29.6%€39.96€11.42€16.9418
Dec ’23€19.88
€21.24
+6.8%
28.7%€40.34€11.52€14.2018

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:08
End of Day Share Price 2024/12/20 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

Nordstrom, Inc. is covered by 54 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Daniela NedialkovaAtlantic Equities LLP
Mark AltschwagerBaird