NasdaqGS:EYE

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National Vision Holdings

Executive Summary

National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer primarily in the United States. More Details


Snowflake Analysis

Reasonable growth potential with worrying balance sheet.


Similar Companies

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.7%

EYE

-0.9%

US Specialty Retail

-2.4%

US Market


1 Year Return

76.8%

EYE

24.8%

US Specialty Retail

18.2%

US Market

Return vs Industry: EYE exceeded the US Specialty Retail industry which returned 27.2% over the past year.

Return vs Market: EYE exceeded the US Market which returned 19.5% over the past year.


Shareholder returns

EYEIndustryMarket
7 Day0.7%-0.9%-2.4%
30 Day7.5%6.8%4.2%
90 Day29.4%15.4%6.3%
1 Year76.8%76.8%26.1%24.8%20.9%18.2%
3 Yearn/a86.9%78.6%41.2%31.8%
5 Yearn/a70.9%57.7%84.8%63.9%

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

Valuation

Is National Vision Holdings undervalued compared to its fair value and its price relative to the market?

4.04x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: EYE ($41.24) is trading above our estimate of fair value ($21.22)

Significantly Below Fair Value: EYE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EYE is unprofitable, so we can't compare its PE Ratio to the US Specialty Retail industry average.

PE vs Market: EYE is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EYE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EYE is overvalued based on its PB Ratio (4x) compared to the US Specialty Retail industry average (1.9x).


Next Steps

Future Growth

How is National Vision Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

108.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EYE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: EYE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EYE's is expected to become profitable in the next 3 years.

Revenue vs Market: EYE's revenue (11.2% per year) is forecast to grow faster than the US market (10% per year).

High Growth Revenue: EYE's revenue (11.2% 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 (6.9%).


Next Steps

Past Performance

How has National Vision Holdings performed over the past 5 years?

-4.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EYE is currently unprofitable.

Growing Profit Margin: EYE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EYE is unprofitable, and losses have increased over the past 5 years at a rate of 4.4% per year.

Accelerating Growth: Unable to compare EYE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EYE is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (2.2%).


Return on Equity

High ROE: EYE has a negative Return on Equity (-3.53%), as it is currently unprofitable.


Next Steps

Financial Health

How is National Vision Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: EYE's short term assets ($453.1M) exceed its short term liabilities ($311.9M).

Long Term Liabilities: EYE's short term assets ($453.1M) do not cover its long term liabilities ($1.1B).


Debt to Equity History and Analysis

Debt Level: EYE's debt to equity ratio (77.1%) 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 not well covered by operating cash flow (18.5%).

Interest Coverage: EYE is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is National Vision Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EYE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EYE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

L. Fahs (59 yo)

17.75yrs

Tenure

US$4,487,827

Compensation

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 ($USD4.49M) is about average for companies of similar size in the US market ($USD5.61M).

Compensation vs Earnings: L.'s compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
L. Fahs
CEO & Director17.75yrsUS$4.49m0.62%
$ 20.7m
Patrick Moore
Senior VP & CFO5.67yrsUS$1.72m0.0056%
$ 185.4k
Melissa Rasmussen
Senior VP & Chief Accounting Officer1.25yrsUS$668.08kno data
Jared Brandman
Senior VP1.67yrsUS$1.06m0.0068%
$ 225.5k
Bill Clark
Senior VP & Chief People Officer1.33yrsUS$1.30m0%
$ 0
Raymond McAllister
Special Advisor1.75yrsUS$1.09m0.22%
$ 7.2m
Ravi Acharya
Chief Technology Officer0.58yrno datano data
David Mann
Vice President of Investor Relationsno datano datano data
Joan Blackwood
Chief Marketing Officer0.83yrno datano data
Sharon Petitt
Senior VP & Head of Store Operationsno datano datano data
Debra Woyce
Senior Vice President of Retail Operations3.75yrsno datano data
Alex Louw
Senior VP & Chief Medical Officerno datano datano data

1.7yrs

Average Tenure

55yo

Average Age

Experienced Management: EYE's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
L. Fahs
CEO & Director17.75yrsUS$4.49m0.62%
$ 20.7m
David Peeler
Independent Chairman0.083yrUS$37.50k0.089%
$ 2.9m
David Tehle
Independent Director3.25yrsUS$195.00k0.019%
$ 624.9k
Virginia Hepner
Independent Director2.75yrsUS$195.00k0.012%
$ 393.0k
Naomi Kelman
Director0.083yrno data0.0033%
$ 110.8k
Thomas Taylor
Independent Director2.08yrsUS$190.00kno data
Heather Cianfrocco
Independent Director1.25yrsUS$137.50k0.0084%
$ 278.3k

2.1yrs

Average Tenure

59yo

Average Age

Experienced Board: EYE's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EYE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.


Top Shareholders

Company Information

National Vision Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: National Vision Holdings, Inc.
  • Ticker: EYE
  • Exchange: NasdaqGS
  • Founded: 1990
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: US$3.317b
  • Shares outstanding: 80.42m
  • Website: https://www.nationalvision.com

Number of Employees


Location

  • National Vision Holdings, Inc.
  • Building 2200
  • 2435 Commerce Avenue
  • Duluth
  • Georgia
  • 30096
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EYENasdaqGS (Nasdaq Global Select)YesNew Common StockUSUSDOct 2017
7NVDB (Deutsche Boerse AG)YesNew Common StockDEEUROct 2017

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 00:42
End of Day Share Price2020/10/19 00:00
Earnings2020/06/27
Annual Earnings2019/12/28


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.