DICK'S Sporting Goods, Inc.

NYSE:DKS Stock Report

Mkt Cap: US$10.5b

We’ve recently updated our valuation analysis.

DICK'S Sporting Goods Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

DKS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA6.8x
PEG Ratio6.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DKS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.5x
FIVE Five Below
47x18.9%US$10.8b
BBWI Bath & Body Works
10.6x11.7%US$10.2b
TSCO Tractor Supply
22.9x6.8%US$24.9b
ULTA Ulta Beauty
21.6x3.8%US$25.7b
DKS DICK'S Sporting Goods
9.1x1.3%US$10.5b

Price-To-Earnings vs Peers: DKS is good value based on its Price-To-Earnings Ratio (9.1x) compared to the peer average (25.5x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a11.4%
n/an/an/a

Price-To-Earnings vs Industry: DKS is expensive based on its Price-To-Earnings Ratio (9.1x) compared to the US Specialty Retail industry average (9.1x)


Price to Earnings Ratio vs Fair Ratio

What is DKS'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.

DKS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.1x
Fair PE Ratio12.1x

Price-To-Earnings vs Fair Ratio: DKS is good value based on its Price-To-Earnings Ratio (9.1x) compared to the estimated Fair Price-To-Earnings Ratio (12.1x).


Share Price vs Fair Value

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

Below Fair Value: DKS ($126.23) is trading below our estimate of fair value ($137.75)

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


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 DKS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$126.23
US$134.60
+6.6%
13.3%US$165.00US$82.00n/a20
Jan ’24US$120.29
US$131.80
+9.6%
12.6%US$160.00US$82.00n/a20
Dec ’23US$117.51
US$131.60
+12.0%
13.1%US$160.00US$78.00n/a20
Nov ’23US$115.66
US$123.50
+6.8%
14.6%US$160.00US$78.00n/a20
Oct ’23US$104.64
US$122.32
+16.9%
14.4%US$160.00US$78.00n/a19
Sep ’23US$108.81
US$122.32
+12.4%
14.4%US$160.00US$78.00n/a19
Aug ’23US$96.11
US$102.00
+6.1%
16.1%US$132.00US$76.00n/a18
Jul ’23US$76.85
US$101.67
+32.3%
17.0%US$132.00US$75.00n/a18
Jun ’23US$79.67
US$102.22
+28.3%
17.1%US$132.00US$75.00n/a18
May ’23US$96.42
US$138.00
+43.1%
18.8%US$180.00US$75.00n/a19
Apr ’23US$101.32
US$137.68
+35.9%
19.5%US$180.00US$69.00n/a19
Mar ’23US$104.36
US$141.42
+35.5%
17.9%US$180.00US$69.00n/a19
Feb ’23US$118.15
US$141.95
+20.1%
18.3%US$180.00US$69.00n/a19
Jan ’23US$114.99
US$148.79
+29.4%
15.7%US$180.00US$69.00US$120.2919
Dec ’22US$114.55
US$149.72
+30.7%
17.4%US$180.00US$63.00US$117.5118
Nov ’22US$120.82
US$138.60
+14.7%
24.1%US$180.00US$59.00US$115.6620
Oct ’22US$121.72
US$138.60
+13.9%
24.1%US$180.00US$59.00US$104.6420
Sep ’22US$143.70
US$138.35
-3.7%
24.6%US$180.00US$58.00US$108.8120
Aug ’22US$104.14
US$106.68
+2.4%
21.3%US$147.00US$58.00US$96.1119
Jul ’22US$101.50
US$105.90
+4.3%
20.5%US$147.00US$58.00US$76.8520
Jun ’22US$97.40
US$104.26
+7.0%
20.6%US$142.00US$53.00US$79.6719
May ’22US$82.58
US$77.74
-5.9%
15.3%US$100.00US$53.00US$96.4219
Apr ’22US$79.27
US$75.76
-4.4%
14.4%US$100.00US$49.00US$101.3221
Mar ’22US$74.00
US$71.55
-3.3%
16.7%US$90.00US$45.00US$104.3622
Feb ’22US$68.67
US$68.86
+0.3%
16.7%US$90.00US$45.00US$118.1522
Jan ’22US$56.21
US$65.91
+17.3%
13.9%US$80.00US$45.00US$114.9923

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


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