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Macy's, Inc (MACY34) Fair Value & Analysis

Consumer Cyclical · BR · Market cap R$32.6B

MS Macy's, Inc MACY34 · SA
PriceR$117.71
Fair ValueR$35.57
Upside-69.8%
Quality62/100
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Evidence: High Range R$22.31 – R$54.85 📤 Share as image

Fair value as of: Jul 18, 2026

From 24 valuation models · updated 3 days ago

Fair value updated Jul 18, 2026, revised from R$35.50 to R$35.57 (+0.2%) since Jul 17, 2026. Share price −8.1% over the past month.

Price vs Fair Value (12 months)

R$134.04 R$63.38 Fair Value R$35.57 Jul 2025 Jul 2026

12‑month range R$63.38 – R$134.04 · fair‑value band R$22.31 – R$54.85 · the R$117.71 price screens above the R$35.57 fair value. As of Jul 18, 2026.

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Analysis

Macy's, Inc (MACY34) currently trades at R$117.71, while our model-based Fair Value estimate is R$35.57, implying the stock looks roughly 69.8% overvalued today. We read business quality at 62/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Macy's, Inc generated revenue of R$22.7B at a net margin of 2.9%. Revenue grew 2.1% year over year. It earns a return on equity of 14.4%. Net debt stands at R$1.2B. Fundamentals as of Jul 18, 2026

Our scenario range runs from R$22.31 (bear case) to R$54.85 (bull case); at R$117.71, the current price sits above that range. The share trades about 14% below its 52-week high and 104% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 29% fair-value upside, at -70%, MACY34 screens richer than that median.

Key figures & financial health

Revenue (TTM) R$22.7B
Revenue growth (YoY) +2.1%
Net margin 2.9%
Return on equity 14.4%
Free cash flow R$690M FY2026
P/E ratio 9.9
More key figures
Operating margin 1.8%
EPS (TTM) R$12.54
Dividend yield 0.6%
EPS growth (YoY) +76.9%
Net debt R$1.2B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 18, 2026. TTM = trailing twelve months.

About the company

Macy's, Inc., an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells various merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and Bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Macy's, Inc reported revenue of R$22.6B in FY2026 versus R$25.3B in FY2022, a compound −2.8%/yr. Reported net income was R$642M in FY2026, compounding −18.1%/yr from FY2022.

Revenue −2.8%/yr
FY22 R$25.3B
FY23 R$25.3B
FY24 R$23.9B
FY25 R$23.0B
FY26 R$22.6B
Net income −18.1%/yr
FY22 R$1.4B
FY23 R$1.2B
FY24 R$45.0M
FY25 R$582M
FY26 R$642M

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Cite: Fair Value Calculator (2026). "Macy's, Inc Fair Value". https://www.fairvalue-calculator.com/stock/MACY34

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection, not financial advice.

Similar stocks

10 more Department Stores stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

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SM Investments Corporation SVTMF $10.15 $21.80 +115%
Ryohin Keikaku Co RYKKY $14.65 $6.53 -55%
Shoprite Holdings SRGHY $18.32 $18.67 +2%
Marks and Spencer Group MAKSY $9.33 $12.57 +35%
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99 Speed Mart Retail Holdings 5326 3.37 MYR 1.62 MYR -52%
Cencosud S.A CENCOSUD 2,159 CLP 2,718 CLP +26%

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Frequently asked questions

Is Macy's, Inc (MACY34) undervalued?
As of Jul 18, 2026, our model estimates a fair value of R$35.57 versus a price of R$117.71, about −70% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MACY34?
Our model-based fair value for Macy's, Inc is R$35.57 (as of Jul 18, 2026), built from audited fundamentals. The current price is R$117.71.
What is the quality score of MACY34?
Macy's, Inc has a Quality Score of 62/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Macy's, Inc (MACY34)?
Macy's, Inc reported trailing-twelve-month revenue of about R$22.7B (latest available figure, as of Jul 18, 2026).
What is the net profit margin of MACY34?
The net profit margin of Macy's, Inc is about 2.9%, meaning it keeps roughly 2.9% of revenue as net income. Based on the latest reported figures.
Does Macy's, Inc pay a dividend?
Macy's, Inc currently shows a dividend yield of about 0.67% relative to its recent price (as of Jul 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.