Foot Locker, Inc.

NYSE:FL Stock Report

Market Cap: US$2.2b

Foot Locker Valuation

Is FL 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: FL ($22.88) is trading above our estimate of fair value ($20.75)

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

Key Valuation Metric

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

Key metric: As FL is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for FL. This is calculated by dividing FL's market cap by their current revenue.
What is FL's PS Ratio?
PS Ratio0.3x
SalesUS$8.12b
Market CapUS$2.17b

Price to Sales Ratio vs Peers

How does FL's PS Ratio compare to its peers?

The above table shows the PS ratio for FL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.3x
BKE Buckle
2.1x2.7%US$2.6b
RVLV Revolve Group
2.2x10.8%US$2.3b
VSCO Victoria's Secret
0.5x1.7%US$3.3b
AEO American Eagle Outfitters
0.6x2.8%US$3.2b
FL Foot Locker
0.3x2.0%US$2.2b

Price-To-Sales vs Peers: FL is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

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

48 CompaniesPrice / SalesEstimated GrowthMarket Cap
TA TravelCenters of America
0.1x-0.8%US$1.30b
ARKO Arko
0.08x-1.7%US$766.41m
ODP ODP
0.1x-2.1%US$700.55m
AAN Aaron's Company
0.1x2.4%US$306.82m
FL 0.3xIndustry Avg. 0.4xNo. of Companies48PS00.61.21.82.43+
48 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: FL is good value based on its Price-To-Sales Ratio (0.3x) compared to the US Specialty Retail industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is FL's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: FL is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

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 FL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$22.88
US$23.88
+4.3%
13.8%US$30.00US$16.00n/a16
Dec ’25US$25.15
US$27.65
+9.9%
16.1%US$34.00US$17.00n/a17
Nov ’25US$23.96
US$28.13
+17.4%
19.2%US$38.00US$17.00n/a16
Oct ’25US$25.12
US$28.50
+13.5%
19.4%US$38.00US$17.00n/a16
Sep ’25US$31.14
US$28.94
-7.1%
19.9%US$38.00US$17.00n/a16
Aug ’25US$28.45
US$25.80
-9.3%
18.6%US$35.00US$17.00n/a15
Jul ’25US$23.12
US$26.20
+13.3%
16.6%US$35.00US$17.00n/a15
Jun ’25US$27.73
US$25.93
-6.5%
17.0%US$35.00US$17.00n/a15
May ’25US$20.59
US$24.67
+19.8%
14.8%US$32.00US$17.00n/a15
Apr ’25US$27.52
US$25.06
-8.9%
15.4%US$32.00US$17.00n/a16
Mar ’25US$34.60
US$26.56
-23.2%
25.0%US$38.00US$12.00n/a16
Feb ’25US$29.90
US$25.69
-14.1%
22.8%US$35.00US$12.00n/a16
Jan ’25US$31.15
US$25.06
-19.6%
23.1%US$35.00US$12.00n/a18
Dec ’24US$29.71
US$24.56
-17.3%
22.2%US$35.00US$12.00US$25.1518
Nov ’24US$21.20
US$20.26
-4.4%
24.8%US$30.00US$11.00US$23.9619
Oct ’24US$17.35
US$20.42
+17.7%
24.4%US$30.00US$11.00US$25.1219
Sep ’24US$19.87
US$21.06
+6.0%
25.4%US$30.00US$11.00US$31.1418
Aug ’24US$26.15
US$33.11
+26.6%
23.4%US$50.00US$22.00US$28.4519
Jul ’24US$27.11
US$33.67
+24.2%
22.8%US$50.00US$22.00US$23.1218
Jun ’24US$24.79
US$34.26
+38.2%
22.4%US$50.00US$22.00US$27.7319
May ’24US$42.09
US$44.41
+5.5%
18.5%US$60.00US$30.00US$20.5917
Apr ’24US$39.69
US$44.65
+12.5%
18.2%US$60.00US$30.00US$27.5217
Mar ’24US$43.16
US$42.95
-0.5%
19.3%US$62.00US$32.00US$34.6019
Feb ’24US$45.24
US$41.72
-7.8%
18.7%US$62.00US$32.00US$29.9018
Jan ’24US$37.79
US$38.44
+1.7%
9.9%US$47.00US$31.00US$31.1518
Dec ’23US$39.17
US$38.44
-1.9%
9.9%US$47.00US$31.00US$29.7118

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 17:40
End of Day Share Price 2024/12/27 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

Foot Locker, Inc. is covered by 57 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
David TurnerAvondale Partners
Jonathan KompBaird