NIKE, Inc.

WSE:NIKE Stock Report

Market Cap: zł334.7b

NIKE Valuation

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

Discounted Cash Flow
Simply Wall St
zł406.19
Fair Value
40.3% undervalued intrinsic discount
36
Number of Analysts

Below Fair Value: NIKE (PLN242.3) is trading below our estimate of fair value (PLN406.19)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NIKE. This is calculated by dividing NIKE's market cap by their current earnings.
What is NIKE's PE Ratio?
PE Ratio19.8x
EarningsUS$4.51b
Market CapUS$89.43b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NIKE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.5x
LPP LPP
15.3x15.49%zł26.8b
7936 ASICS
35.9x10.95%JP¥2.5t
DECK Deckers Outdoor
16.3x4.39%US$15.8b
BIRK Birkenstock Holding
34.5x26.35%US$9.9b
NIKE NIKE
19.8x4.05%zł89.4b

Price-To-Earnings vs Peers: NIKE is good value based on its Price-To-Earnings Ratio (19.8x) compared to the peer average (25.5x).

Price to Earnings Ratio vs Industry

How does NIKE's PE Ratio compare vs other companies in the European Luxury Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NIKE 19.8xIndustry Avg. 16.9xNo. of Companies10PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NIKE is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the European Luxury industry average (16.9x).

Price to Earnings Ratio vs Fair Ratio

What is NIKE'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.

NIKE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NIKE's Price-To-Earnings Fair Ratio for valuation analysis.

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 NIKE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł242.30
zł275.29
+13.62%
22.99%zł450.30zł150.10n/a36
May ’26zł217.30
zł281.02
+29.32%
22.38%zł453.49zł151.16n/a36
Apr ’26zł255.30
zł314.26
+23.09%
20.87%zł463.36zł154.45n/a34
Mar ’26zł324.65
zł347.95
+7.18%
18.46%zł485.28zł198.16n/a33
Feb ’26zł311.00
zł358.68
+15.33%
17.55%zł496.01zł206.67n/a34
Jan ’26n/a
zł354.49
0%
17.11%zł491.89zł204.96n/a34
Dec ’25n/a
zł368.83
0%
15.16%zł487.10zł231.37n/a34
Nov ’25n/a
zł368.90
0%
14.75%zł483.05zł229.45n/a34
Oct ’25n/a
zł356.55
0%
15.94%zł477.24zł219.38n/a34
Sep ’25n/a
zł349.60
0%
16.19%zł472.59zł228.67n/a34
Aug ’25n/a
zł362.70
0%
16.97%zł491.49zł237.82n/a33
Jul ’25n/a
zł386.80
0%
17.02%zł519.07zł241.43n/a33
Jun ’25n/a
zł442.06
0%
12.42%zł516.54zł298.01zł242.3034
May ’25n/a
zł452.88
0%
12.76%zł554.82zł302.72zł217.3035
Apr ’25n/a
zł453.26
0%
12.37%zł547.79zł298.88zł255.3037
Mar ’25n/a
zł493.56
0%
11.21%zł571.89zł354.41zł324.6537
Feb ’25n/a
zł495.01
0%
11.55%zł601.25zł352.73zł311.0037
Jan ’25n/a
zł484.19
0%
11.68%zł587.15zł344.46n/a36
Dec ’24n/a
zł485.02
0%
12.96%zł601.62zł352.95n/a35
Nov ’24n/a
zł509.93
0%
13.24%zł631.76zł370.63n/a33
Oct ’24n/a
zł539.20
0%
13.22%zł655.23zł384.40n/a33
Sep ’24n/a
zł531.78
0%
11.59%zł628.29zł380.60n/a33
Aug ’24n/a
zł513.23
0%
11.69%zł605.23zł366.64n/a33
Jul ’24n/a
zł528.54
0%
11.24%zł617.34zł386.17n/a34
Jun ’24n/a
zł571.54
0%
11.56%zł672.27zł399.16n/a33
AnalystConsensusTarget
Consensus Narrative from 36 Analysts
zł293.37
Fair Value
17.4% undervalued intrinsic discount
36
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/02 06:28
End of Day Share Price 2025/05/29 00:00
Earnings2025/02/28
Annual Earnings2024/05/31

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.

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 Github.

Analyst Sources

NIKE, Inc. is covered by 81 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David HeasmanAccountability Research Corporation
John StaszakArgus Research Company
David TurnerAvondale Partners