Nike Net Worth
Nike Net Worth Breakdown | NKE |
Nike Net Worth Analysis
Nike's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Nike's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Nike's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Nike's net worth analysis. One common approach is to calculate Nike's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Nike's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Nike's net worth. This approach calculates the present value of Nike's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Nike's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Nike's net worth. This involves comparing Nike's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Nike's net worth relative to its peers.
Enterprise Value |
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To determine if Nike is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nike's net worth research are outlined below:
| Nike Inc generated a negative expected return over the last 90 days | |
| Over 82.0% of the company shares are owned by institutional investors | |
| On 2nd of January 2025 Nike paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from marketbeat.com: Why Nike Is on The Verge of a Massive Comeback Rally |
Nike Quarterly Good Will |
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Nike uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nike Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nike's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 19th of March 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 4th of July 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of May 2023 Last Financial Announcement | View |
Nike Target Price Consensus
Nike target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Nike's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 39 | Buy |
Most Nike analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Nike stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Nike Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNike Target Price Projection
Nike's current and average target prices are 70.84 and 86.54, respectively. The current price of Nike is the price at which Nike Inc is currently trading. On the other hand, Nike's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Nike Target Price
Know Nike's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nike is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nike Inc backward and forwards among themselves. Nike's institutional investor refers to the entity that pools money to purchase Nike's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Wells Fargo & Co | 2024-09-30 | 14.4 M | Norges Bank | 2024-06-30 | 14.2 M | Northern Trust Corp | 2024-09-30 | 13.5 M | Bank Of America Corp | 2024-09-30 | 13.5 M | Legal & General Group Plc | 2024-09-30 | 11.2 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 11.2 M | Goldman Sachs Group Inc | 2024-09-30 | 11.1 M | Fisher Asset Management, Llc | 2024-09-30 | 10.3 M | Alliancebernstein L.p. | 2024-09-30 | 9 M | Vanguard Group Inc | 2024-09-30 | 110.5 M | Blackrock Inc | 2024-09-30 | 92.2 M |
Follow Nike's market capitalization trends
The company currently falls under 'Mega-Cap' category with a total capitalization of 105.12 B.Market Cap |
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Project Nike's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.17 | 0.15 | |
| Return On Capital Employed | 0.28 | 0.30 | |
| Return On Assets | 0.17 | 0.15 | |
| Return On Equity | 0.36 | 0.19 |
When accessing Nike's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Nike's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nike's profitability and make more informed investment decisions.
Please note, the presentation of Nike's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nike's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nike's management manipulating its earnings.
Evaluate Nike's management efficiency
Nike Inc has Return on Asset of 0.1065 % which means that on every $100 spent on assets, it made $0.1065 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3798 %, implying that it generated $0.3798 on every 100 dollars invested. Nike's management efficiency ratios could be used to measure how well Nike manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.30, whereas Return On Tangible Assets are forecasted to decline to 0.15. At present, Nike's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 5.4 B, whereas Return On Tangible Assets are forecasted to decline to 0.15.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 8.56 | 8.99 | |
| Tangible Book Value Per Share | 8.26 | 8.67 | |
| Enterprise Value Over EBITDA | 18.41 | 10.69 | |
| Price Book Value Ratio | 9.00 | 4.62 | |
| Enterprise Value Multiple | 18.41 | 10.69 | |
| Price Fair Value | 9.00 | 4.62 | |
| Enterprise Value | 24.6 B | 25.8 B |
Understanding the management dynamics of Nike Inc allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Enterprise Value Revenue 2.1933 | Revenue | Quarterly Revenue Growth (0.10) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nike insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nike's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nike insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Johanna Nielsen over six months ago Disposition of 282 shares by Johanna Nielsen of Nike at 93.64 subject to Rule 16b-3 |
Nike Corporate Filings
F3 | 8th of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
10Q | 3rd of January 2025 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 30th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 19th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Nike Earnings Estimation Breakdown
The calculation of Nike's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Nike is estimated to be 0.2758 with the future projection ranging from a low of 0.21 to a high of 0.37. Please be aware that this consensus of annual earnings estimates for Nike Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.21 Lowest | Expected EPS | 0.37 Highest |
Nike Earnings Projection Consensus
Suppose the current estimates of Nike's value are higher than the current market price of the Nike stock. In this case, investors may conclude that Nike is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Nike's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 28th of February 2025 | Current EPS (TTM) | |
| 39 | 82.72% | 0.78 | 0.2758 | 3.24 |
Nike Earnings History
Earnings estimate consensus by Nike Inc analysts from Wall Street is used by the market to judge Nike's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Nike's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Nike Quarterly Gross Profit |
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Nike Earnings per Share Projection vs Actual
Actual Earning per Share of Nike refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Nike Inc predict the company's earnings will be in the future. The higher the earnings per share of Nike, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Nike Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Nike, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Nike should always be considered in relation to other companies to make a more educated investment decision.Nike Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Nike's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2024-12-19 | 2024-11-30 | 0.65 | 0.78 | 0.13 | 20 | ||
2024-10-01 | 2024-08-31 | 0.52 | 0.7 | 0.18 | 34 | ||
2024-06-27 | 2024-05-31 | 0.83 | 1.01 | 0.18 | 21 | ||
2024-03-21 | 2024-02-29 | 0.74 | 0.98 | 0.24 | 32 | ||
2023-12-21 | 2023-11-30 | 0.85 | 1.03 | 0.18 | 21 | ||
2023-09-28 | 2023-08-31 | 0.75 | 0.94 | 0.19 | 25 | ||
2023-06-29 | 2023-05-31 | 0.67 | 0.66 | -0.01 | 1 | ||
2023-03-21 | 2023-02-28 | 0.55 | 0.79 | 0.24 | 43 | ||
2022-12-20 | 2022-11-30 | 0.64 | 0.85 | 0.21 | 32 | ||
2022-09-29 | 2022-08-31 | 0.92 | 0.93 | 0.01 | 1 | ||
2022-06-27 | 2022-05-31 | 0.81 | 0.9 | 0.09 | 11 | ||
2022-03-21 | 2022-02-28 | 0.71 | 0.87 | 0.16 | 22 | ||
2021-12-20 | 2021-11-30 | 0.63 | 0.83 | 0.2 | 31 | ||
2021-09-23 | 2021-08-31 | 1.11 | 1.16 | 0.05 | 4 | ||
2021-06-24 | 2021-05-31 | 0.51 | 0.93 | 0.42 | 82 | ||
2021-03-18 | 2021-02-28 | 0.76 | 0.9 | 0.14 | 18 | ||
2020-12-18 | 2020-11-30 | 0.62 | 0.78 | 0.16 | 25 | ||
2020-09-22 | 2020-08-31 | 0.47 | 0.95 | 0.48 | 102 | ||
2020-06-25 | 2020-05-31 | 0.07 | -0.51 | -0.58 | 828 | ||
2020-03-24 | 2020-02-29 | 0.59 | 0.78 | 0.19 | 32 | ||
2019-12-19 | 2019-11-30 | 0.58 | 0.7 | 0.12 | 20 | ||
2019-09-24 | 2019-08-31 | 0.7 | 0.86 | 0.16 | 22 | ||
2019-06-27 | 2019-05-31 | 0.66 | 0.62 | -0.04 | 6 | ||
2019-03-21 | 2019-02-28 | 0.65 | 0.68 | 0.03 | 4 | ||
2018-12-20 | 2018-11-30 | 0.46 | 0.52 | 0.06 | 13 | ||
2018-09-25 | 2018-08-31 | 0.63 | 0.67 | 0.04 | 6 | ||
2018-06-28 | 2018-05-31 | 0.64 | 0.69 | 0.05 | 7 | ||
2018-03-22 | 2018-02-28 | 0.53 | 0.68 | 0.15 | 28 | ||
2017-12-21 | 2017-11-30 | 0.4 | 0.46 | 0.06 | 15 | ||
2017-09-26 | 2017-08-31 | 0.48 | 0.57 | 0.09 | 18 | ||
2017-06-29 | 2017-05-31 | 0.5 | 0.6 | 0.1 | 20 | ||
2017-03-21 | 2017-02-28 | 0.53 | 0.68 | 0.15 | 28 | ||
2016-12-20 | 2016-11-30 | 0.43 | 0.5 | 0.07 | 16 | ||
2016-09-27 | 2016-08-31 | 0.56 | 0.73 | 0.17 | 30 | ||
2016-06-28 | 2016-05-31 | 0.48 | 0.49 | 0.01 | 2 | ||
2016-03-22 | 2016-02-29 | 0.48 | 0.55 | 0.07 | 14 | ||
2015-12-22 | 2015-11-30 | 0.43 | 0.45 | 0.02 | 4 | ||
2015-09-24 | 2015-08-31 | 0.6 | 0.67 | 0.07 | 11 | ||
2015-06-25 | 2015-05-31 | 0.42 | 0.49 | 0.07 | 16 | ||
2015-03-19 | 2015-02-28 | 0.42 | 0.45 | 0.03 | 7 | ||
2014-12-18 | 2014-11-30 | 0.35 | 0.37 | 0.02 | 5 | ||
2014-09-25 | 2014-08-31 | 0.44 | 0.55 | 0.11 | 25 | ||
2014-06-26 | 2014-05-31 | 0.38 | 0.39 | 0.01 | 2 | ||
2014-03-20 | 2014-02-28 | 0.36 | 0.38 | 0.02 | 5 | ||
2013-12-19 | 2013-11-30 | 0.29 | 0.3 | 0.01 | 3 | ||
2013-09-26 | 2013-08-31 | 0.39 | 0.43 | 0.04 | 10 | ||
2013-06-27 | 2013-05-31 | 0.37 | 0.38 | 0.01 | 2 | ||
2013-03-21 | 2013-02-28 | 0.33 | 0.37 | 0.04 | 12 | ||
2012-12-20 | 2012-11-30 | 0.25 | 0.28 | 0.03 | 12 | ||
2012-09-27 | 2012-08-31 | 0.28 | 0.31 | 0.03 | 10 | ||
2012-06-28 | 2012-05-31 | 0.34 | 0.29 | -0.05 | 14 | ||
2012-03-22 | 2012-02-29 | 0.29 | 0.3 | 0.01 | 3 | ||
2011-12-20 | 2011-11-30 | 0.24 | 0.25 | 0.01 | 4 | ||
2011-09-22 | 2011-08-31 | 0.3 | 0.34 | 0.04 | 13 | ||
2011-06-27 | 2011-05-31 | 0.29 | 0.31 | 0.02 | 6 | ||
2011-03-17 | 2011-02-28 | 0.28 | 0.27 | -0.01 | 3 | ||
2010-12-21 | 2010-11-30 | 0.22 | 0.24 | 0.02 | 9 | ||
2010-09-23 | 2010-08-31 | 0.25 | 0.28 | 0.03 | 12 | ||
2010-06-23 | 2010-05-31 | 0.26 | 0.27 | 0.01 | 3 | ||
2010-03-17 | 2010-02-28 | 0.22 | 0.25 | 0.03 | 13 | ||
2009-12-17 | 2009-11-30 | 0.18 | 0.19 | 0.01 | 5 | ||
2009-09-29 | 2009-08-31 | 0.24 | 0.26 | 0.02 | 8 | ||
2009-06-24 | 2009-05-31 | 0.24 | 0.25 | 0.01 | 4 | ||
2009-03-18 | 2009-02-28 | 0.2 | 0.25 | 0.05 | 25 | ||
2008-12-17 | 2008-11-30 | 0.19 | 0.2 | 0.01 | 5 | ||
2008-09-24 | 2008-08-31 | 0.23 | 0.26 | 0.03 | 13 | ||
2008-06-25 | 2008-05-31 | 0.24 | 0.25 | 0.01 | 4 | ||
2008-03-19 | 2008-02-29 | 0.2 | 0.23 | 0.03 | 15 | ||
2007-12-19 | 2007-11-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2007-09-20 | 2007-08-31 | 0.22 | 0.28 | 0.06 | 27 | ||
2007-06-26 | 2007-05-31 | 0.21 | 0.22 | 0.01 | 4 | ||
2007-03-22 | 2007-02-28 | 0.17 | 0.17 | 0.0 | 0 | ||
2006-12-20 | 2006-11-30 | 0.14 | 0.16 | 0.02 | 14 | ||
2006-09-21 | 2006-08-31 | 0.18 | 0.18 | 0.0 | 0 | ||
2006-06-27 | 2006-05-31 | 0.17 | 0.17 | 0.0 | 0 | ||
2006-03-21 | 2006-02-28 | 0.14 | 0.16 | 0.02 | 14 | ||
2005-12-20 | 2005-11-30 | 0.13 | 0.14 | 0.01 | 7 | ||
2005-09-19 | 2005-08-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2005-06-27 | 2005-05-31 | 0.16 | 0.16 | 0.0 | 0 | ||
2005-03-17 | 2005-02-28 | 0.12 | 0.13 | 0.01 | 8 | ||
2004-12-16 | 2004-11-30 | 0.11 | 0.12 | 0.01 | 9 | ||
2004-09-20 | 2004-08-31 | 0.14 | 0.15 | 0.01 | 7 | ||
2004-06-24 | 2004-05-31 | 0.14 | 0.14 | 0.0 | 0 | ||
2004-03-18 | 2004-02-29 | 0.09 | 0.09 | 0.0 | 0 | ||
2003-12-18 | 2003-11-30 | 0.08 | 0.08 | 0.0 | 0 | ||
2003-09-18 | 2003-08-31 | 0.11 | 0.12 | 0.01 | 9 | ||
2003-06-26 | 2003-05-31 | 0.12 | 0.12 | 0.0 | 0 | ||
2003-03-19 | 2003-02-28 | 0.06 | 0.06 | 0.0 | 0 | ||
2002-12-19 | 2002-11-30 | 0.07 | 0.07 | 0.0 | 0 | ||
2002-09-18 | 2002-08-31 | 0.1 | 0.1 | 0.0 | 0 | ||
2002-06-27 | 2002-05-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2002-03-21 | 2002-02-28 | 0.06 | 0.06 | 0.0 | 0 | ||
2001-12-20 | 2001-11-30 | 0.06 | 0.06 | 0.0 | 0 | ||
2001-09-20 | 2001-08-31 | 0.09 | 0.09 | 0.0 | 0 | ||
2001-06-28 | 2001-05-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2001-03-20 | 2001-02-28 | 0.04 | 0.04 | 0.0 | 0 | ||
2000-12-19 | 2000-11-30 | 0.06 | 0.06 | 0.0 | 0 | ||
2000-09-14 | 2000-08-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2000-06-29 | 2000-05-31 | 0.06 | 0.06 | 0.0 | 0 | ||
2000-03-16 | 2000-02-29 | 0.06 | 0.07 | 0.01 | 16 | ||
1999-12-16 | 1999-11-30 | 0.04 | 0.05 | 0.01 | 25 | ||
1999-09-17 | 1999-08-31 | 0.08 | 0.09 | 0.01 | 12 | ||
1999-06-30 | 1999-05-31 | 0.05 | 0.05 | 0.0 | 0 | ||
1999-03-18 | 1999-02-28 | 0.05 | 0.06 | 0.01 | 20 | ||
1998-12-17 | 1998-11-30 | 0.03 | 0.03 | 0.0 | 0 | ||
1998-09-17 | 1998-08-31 | 0.06 | 0.07 | 0.01 | 16 | ||
1998-03-18 | 1998-02-28 | 0.03 | 0.03 | 0.0 | 0 | ||
1997-12-18 | 1997-11-30 | 0.07 | 0.06 | -0.01 | 14 | ||
1997-09-19 | 1997-08-31 | 0.11 | 0.11 | 0.0 | 0 | ||
1997-07-01 | 1997-05-31 | 0.07 | 0.07 | 0.0 | 0 | ||
1997-03-20 | 1997-02-28 | 0.09 | 0.1 | 0.01 | 11 | ||
1996-12-18 | 1996-11-30 | 0.07 | 0.08 | 0.01 | 14 | ||
1996-09-16 | 1996-08-31 | 0.09 | 0.1 | 0.01 | 11 | ||
1996-07-09 | 1996-05-31 | 0.06 | 0.07 | 0.01 | 16 | ||
1996-03-14 | 1996-02-29 | 0.05 | 0.05 | 0.0 | 0 | ||
1995-12-17 | 1995-11-30 | 0.05 | 0.05 | 0.0 | 0 | ||
1995-09-17 | 1995-08-31 | 0.06 | 0.07 | 0.01 | 16 |
Nike Corporate Directors
| Cathleen Benko | Independent Director | Profile | |
| John Rogers | Independent Director | Profile | |
| Peter Henry | Independent Director | Profile | |
| Travis Knight | Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nike Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Textiles, Apparel & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nike. If investors know Nike will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Earnings Share 3.24 | Revenue Per Share | Quarterly Revenue Growth (0.10) | Return On Assets |
The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nike is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.