National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer primarily in the United States.
Reasonable growth potential with poor track record.
Share Price & News
How has National Vision Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EYE has not had significant price volatility in the past 3 months.
7 Day Return
US Specialty Retail
1 Year Return
US Specialty Retail
Return vs Industry: EYE underperformed the US Specialty Retail industry which returned 18.7% over the past year.
Return vs Market: EYE underperformed the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is National Vision Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StAre National Vision Holdings, Inc. (NASDAQ:EYE) Investors Paying Above The Intrinsic Value?
4 weeks ago | Simply Wall StNational Vision Holdings (NASDAQ:EYE) Takes On Some Risk With Its Use Of Debt
1 month ago | Simply Wall StShould You Use National Vision Holdings's (NASDAQ:EYE) Statutory Earnings To Analyse It?
Is National Vision Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EYE ($35.95) is trading above our estimate of fair value ($25.54)
Significantly Below Fair Value: EYE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EYE is poor value based on its PE Ratio (269.2x) compared to the Specialty Retail industry average (16.9x).
PE vs Market: EYE is poor value based on its PE Ratio (269.2x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: EYE is poor value based on its PEG Ratio (6.2x)
Price to Book Ratio
PB vs Industry: EYE is overvalued based on its PB Ratio (3.7x) compared to the US Specialty Retail industry average (1.5x).
How is National Vision Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EYE's forecast earnings growth (43.1% per year) is above the savings rate (1.7%).
Earnings vs Market: EYE's earnings (43.1% per year) are forecast to grow faster than the US market (14.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EYE's revenue (7.9% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: EYE's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EYE's Return on Equity is forecast to be low in 3 years time (8.5%).
How has National Vision Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EYE has a large one-off loss of $32.7M impacting its September 28 2019 financial results.
Growing Profit Margin: EYE's current net profit margins (0.6%) are lower than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: EYE's earnings have grown significantly by 35.5% per year over the past 5 years.
Accelerating Growth: EYE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EYE had negative earnings growth (-84.7%) over the past year, making it difficult to compare to the Specialty Retail industry average (7.9%).
Return on Equity
High ROE: EYE's Return on Equity (1.4%) is considered low.
Return on Assets
Return on Capital Employed
How is National Vision Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: EYE's short term assets ($278.6M) do not cover its short term liabilities ($303.9M).
Long Term Liabilities: EYE's short term assets ($278.6M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: EYE's debt to equity ratio (74.9%) is considered high.
Reducing Debt: Insufficient data to determine if EYE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EYE's debt is well covered by operating cash flow (28.2%).
Interest Coverage: EYE's interest payments on its debt are not well covered by EBIT (2x coverage).
Inventory Level: EYE has a high level of physical assets or inventory.
Debt Coverage by Assets: EYE's debt is not covered by short term assets (assets are 0.5x debt).
What is National Vision Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate EYE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EYE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EYE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EYE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EYE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
L. Fahs (58yo)
Mr. L. Reade Fahs has been Chief Executive Officer of National Vision Holdings, Inc. since January 2003 and served its Chief Operating Officer until 2019. Mr. Fahs joined National Vision Inc. in April 2002 ...
CEO Compensation Analysis
Compensation vs Market: L.'s total compensation ($USD1.60M) is below average for companies of similar size in the US market ($USD4.86M).
Compensation vs Earnings: L.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Director||17.1yrs||US$1.60m||0.63% $18.0m|
|Senior VP & CFO||5yrs||US$590.75k||0.0057% $161.8k|
|Senior VP & Chief Information Officer||2.7yrs||US$382.47k||no data|
|Special Advisor||1.1yrs||US$839.62k||0.22% $6.1m|
|Senior VP & Chief Accounting Officer||0.6yrs||no data||no data|
|Vice President of Investor Relations||0yrs||no data||no data|
|Senior VP||1yrs||no data||0.0060% $169.8k|
|Chief Marketing Officer||0.2yrs||no data||no data|
|Chief People Officer||0.7yrs||no data||no data|
|Senior VP and Chief Philanthropic & Managed Care Development Officer||2.8yrs||US$460.00k||no data|
Experienced Management: EYE's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|CEO & Director||17.1yrs||US$1.60m||0.63% $18.0m|
|Independent Director||5.9yrs||no data||0.22% $6.1m|
|Independent Director||2.6yrs||US$195.00k||0.015% $414.1k|
|Chairman||2.3yrs||no data||no data|
|Independent Director||2.1yrs||US$175.00k||0.0075% $211.9k|
|Independent Director||1.4yrs||US$125.00k||no data|
|Director||0.6yrs||no data||0.0039% $112.1k|
Experienced Board: EYE's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.5%.
National Vision Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: National Vision Holdings, Inc.
- Ticker: EYE
- Exchange: NasdaqGS
- Founded: 1990
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: US$2.844b
- Shares outstanding: 79.12m
- Website: https://www.nationalvision.com
Number of Employees
- National Vision Holdings, Inc.
- Building 2200
- 2435 Commerce Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EYE||NasdaqGS (Nasdaq Global Select)||Yes||New Common Stock||US||USD||Oct 2017|
|7NV||DB (Deutsche Boerse AG)||Yes||New Common Stock||DE||EUR||Oct 2017|
National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer primarily in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products, as well as eye exams through its America's Best, Eyeglass World, Vista Optical, and Vista Optical Military, as well as Vision Center brand stores; and provides health maintenance organization, vision care benefit plan, and optometric services. As of November 7, 2019, the company operated through 1,100 retail stores in 44 states, the District of Columbia, and Puerto Rico, as well as various e-commerce Websites. National Vision Holdings, Inc. was founded in 1990 and is headquartered in Duluth, Georgia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 01:05|
|End of Day Share Price||2020/02/21 00:00|
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.