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NIKE, Inc (NIKE34) Fair Value & Analysis

Consumer Cyclical · BR · Market cap R$336B

NI NIKE, Inc NIKE34 · SA
PriceR$21.85
Fair ValueR$4.18
Upside-80.9%
Quality53/100
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Evidence: High Range R$2.89 – R$5.70

Fair value as of: Jul 13, 2026

From 25 valuation models · updated yesterday

Fair value updated Jul 13, 2026 — revised from R$4.20 to R$4.18 (−0.5%) since Jun 24, 2026. Share price −4.5% over the past month.

Price vs Fair Value (12 months)

R$43.59 R$20.70 Fair Value R$4.18 Jul 2025 Jul 2026

12‑month range R$20.70 – R$43.59 · fair‑value band R$2.89 – R$5.70 · the R$21.85 price screens above the R$4.18 fair value. As of Jul 13, 2026.

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Analysis

NIKE, Inc (NIKE34) currently trades at R$21.85, while our model-based Fair Value estimate is R$4.18 — implying the stock looks roughly 80.9% overvalued today. We read business quality at 53/100 (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, NIKE, Inc generated revenue of R$46.5B at a net margin of 4.8%. Revenue grew 0.1% year over year. It earns a return on equity of 16.0%. Net debt stands at R$502M. Fundamentals as of Jul 13, 2026

Our scenario range runs from R$2.89 (bear case) to R$5.70 (bull case); at R$21.85, the current price sits above that range. The share trades about 50% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 6% fair-value upside — at -81%, NIKE34 screens richer than that median.

Key figures & financial health

Revenue (TTM) R$46.5B
Revenue growth (YoY) +0.1%
Net margin 4.8%
Return on equity 16.0%
Free cash flow R$3.3B FY2025
P/E ratio 28.9
More key figures
Operating margin 6.9%
EPS (TTM) R$0.7700
Dividend yield 7.2%
EPS growth (YoY) -34.8%
Net debt R$502M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 13, 2026. TTM = trailing twelve months.

About the company

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic and casual footwear, apparel, equipment, accessories, and services for men, women, and kids in North America, Europe, the Middle East, Africa, Greater China, the Asia Pacific, and Latin America. The company offers its products under the NIKE, Jordan, Jumpman, Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. It also provides a line of performance equipment and accessories, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities, as well as various plastic products to other manufacturers; distributes and licenses casual sneakers, apparel, and accessories; and markets apparel with licensed college and professional team and league logos. In addition, the company offers consumer services and experiences, including sport focused events and activations; fitness and …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NIKE, Inc reported revenue of R$46.3B in FY2025 versus R$44.5B in FY2021, a compound +1.0%/yr. Reported net income was R$3.2B in FY2025, compounding −13.4%/yr from FY2021.

Revenue +1.0%/yr
FY21 R$44.5B
FY22 R$46.7B
FY23 R$51.2B
FY24 R$51.4B
FY25 R$46.3B
Net income −13.4%/yr
FY21 R$5.7B
FY22 R$6.0B
FY23 R$5.1B
FY24 R$5.7B
FY25 R$3.2B

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Cite: Fair Value Calculator (2026). "NIKE, Inc Fair Value". https://www.fairvalue-calculator.com/stock/NIKE34

Recent news

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

Similar stocks

10 more Footwear & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
adidas AG 1ADS €184.40 €81.86 -56%
ASICS Corporation ASCCY $26.56 $19.43 -27%
Deckers Outdoor Corporation DECK $105.57 $172.88 +64%
On Holding ONON $38.00 $18.63 -51%
Zhejiang China Commodities City Group 600415 ¥10.63 ¥18.58 +75%
Birkenstock Holding BIRK $43.41 $37.93 -13%
Crocs, Inc CROX $121.94 $120.96 -1%
Huali Industrial Group 300979 ¥31.22 ¥54.71 +75%
PUMA SE PUM €28.13 €47.85 +70%
Citizen Watch Co CHCLY $70.95 $75.02 +6%

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Frequently asked questions

Is NIKE, Inc (NIKE34) undervalued?
As of Jul 13, 2026, our model estimates a fair value of R$4.18 versus a price of R$21.85 — about −81% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NIKE34?
Our model-based fair value for NIKE, Inc is R$4.18 (as of Jul 13, 2026), built from audited fundamentals. The current price is R$21.85.
What is the quality score of NIKE34?
NIKE, Inc has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NIKE, Inc (NIKE34)?
NIKE, Inc reported trailing-twelve-month revenue of about R$46.5B (latest available figure, as of Jul 13, 2026).
What is the net profit margin of NIKE34?
The net profit margin of NIKE, Inc is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.
Does NIKE, Inc pay a dividend?
NIKE, Inc currently shows a dividend yield of about 7.20% relative to its recent price (as of Jul 13, 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.