EN DE

Under Armour, Inc (UAA) Fair Value & Analysis

Consumer Cyclical · US · Market cap $3.2B

UA Under Armour, Inc logo Under Armour, Inc UAA · US
Price$6.11
Fair Value$2.22
Upside-63.7%
Quality44/100
Watch Under Armour, Inc for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Loss-making · -10.0% net margin
Low debt · negative free cash flow
Trails peers (2/12)
Narrow moat 23/100
Evidence: Low Range $1.66 – $3.32 Share as image

Fair value as of: Jul 19, 2026

From 2 valuation models · updated 21 days ago

Fair value updated Jul 19, 2026, revised from $2.65 to $2.22 (−16.2%) since Jul 5, 2026. Share price −5.6% over the past month.

Below-average quality, and screening another 64% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($3.32). The favourable scenario is already priced in.
  • Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range ($1.66 to $3.32) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$26.96 $4.17 Fair Value $2.22 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range $4.17 – $26.96 · fair‑value band $1.66 – $3.32 · the $6.11 price screens above the $2.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Under Armour, Inc (UAA) currently trades at $6.11, while our model-based Fair Value estimate is $2.22, implying the stock looks roughly 63.7% overvalued today. The Quality Score stands at 44/100 (below-average 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: low).

Over the trailing twelve months, Under Armour, Inc generated revenue of $5.0B at a net margin of -10.0%. Revenue declined 0.8% year over year. It earns a return on equity of -30.0%. Net debt stands at $1.6B. Fundamentals as of Jul 19, 2026

Our scenario range runs from $1.66 (bear case) to $3.32 (bull case); at $6.11, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 25% below its 52-week high and 48% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 1% fair-value upside, at -64%, UAA screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
EV/EBITDA $0.9100 $1.43 $1.95 54
NCAV (Graham) $1.66 $2.22 $3.32 50
All 2 models by family
Multiples
EV/EBITDA $0.9100 $1.43 $1.95 54
Asset-Based
NCAV (Graham) $1.66 $2.22 $3.32 50

Widest divergence: Asset-Based ($2.22) versus Multiples ($1.43). Highest evidence: EV/EBITDA (54).

Key figures & financial health

Revenue (TTM) $5.0B
Revenue growth (YoY) -0.8%
Net margin -10.0%
Return on equity -30.0%
Free cash flow −$162M FY2026
Operating margin 8.8%
More key figures
EPS (TTM) $-1.16
EPS growth (YoY) -98.9%
Net debt $1.6B FY2026

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 42 · Market factors (momentum, volatility) 29

Profitability 36
Margins and returns on capital today
Quality Growth 8
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 10
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 36
Distance to the 52-week high (market factor)
Net Issuance 92
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Under Armour, Inc., together with its subsidiaries, engages designs, developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types.

Full company description

Under Armour, Inc., together with its subsidiaries, engages designs, developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications, as well as for casual use. In addition, the company provides accessories, which include gloves, bags, headwear, and socks. It primarily offers its products under the UNDER ARMOUR, ARMOUR, HEATGEAR, COLDGEAR, HOVR, UA, PROTECT THIS HOUSE, I WILL, ARMOUR FLEECE, and ARMOUR BRA brands. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, mono-branded Under Armour retail stores, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through its own brand and factory house retail stores and e-commerce websites. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company was incorporated in 1996 and is headquartered in Baltimore, Maryland.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Under Armour, Inc reported revenue of $5.0B in FY2026 versus $5.7B in FY2022, a compound −3.3%/yr. Reported net income was −$496M in FY2026.

Growth Quality 10/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
$5.0B
Latest YoY
−3.9%
Avg. growth/yr (3Y)
−5.6%
Avg. growth/yr (5Y)
+2.1%
Avg. growth/yr (25Y)
+31.5%
Revenue −3.3%/yr
FY22 $5.7B
FY23 $5.9B
FY24 $5.7B
FY25 $5.2B
FY26 $5.0B
Net income
FY22 $360M
FY23 $374M
FY24 $232M
FY25 −$201M
FY26 −$496M

UAA screens 64% overvalued. Compare with H & M Hennes & Mauritz AB →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

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

Earlier news

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

Peer Group

Apparel Manufacturing · 212 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 42 · Bottom 25%
Fair Value upside −64% · Bottom 25%
Return on assets 2% · Below median
Net margin (TTM) -10% · Bottom 25%
Operating margin (TTM) 9% · Above median
Revenue growth -1% · Below median
Debt / equity 0.42× · Higher than 75% of peers

Valuation Multiples vs Apparel Manufacturing median · lower = cheaper

P/B 2.24× · Pricier than median
P/S (TTM) 0.64× · Cheaper than median
EV/EBITDA 15.8× · Pricier than 75% of peers
PEG 2.23× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 33
FUTURE 0 · sector 4
PAST 0 · sector 21
HEALTH 79 · sector 98
DIVIDEND 0 · sector 49

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Apparel Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
H & M Hennes & Mauritz AB HMB kr 163.45 kr 165.47 +1%
Ralph Lauren Corporation RL $374.08 $224.21 -40%
Moncler S.p.A MONC €52.08 €50.69 -3%
LPP SA LPP 19,380 PLN 17,754 PLN -8%
Bosideng International Holdings 3998 HK$4.88 HK$5.92 +21%
Youngor Fashion Co 600177 ¥7.57 ¥5.59 -26%
Page Industries Limited PAGEIND ₹39,900 ₹12,395 -69%
Hla Group 600398 ¥6.05 ¥9.92 +64%
Eclat Textile Co 1476 333.50 TWD 357.81 TWD +7%
Youngone Corporation 111770 87,600 KRW 196,629 KRW +124%

Compare Under Armour, Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Under Armour, Inc (UAA) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of $2.22 versus a price of $6.11, about −64% (overvalued).
What is the fair value of UAA?
Our model-based fair value for Under Armour, Inc is $2.22 (as of Jul 19, 2026), built from audited fundamentals. The current price is $6.11.
What is the quality score of UAA?
Under Armour, Inc has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Under Armour, Inc (UAA)?
Under Armour, Inc reported trailing-twelve-month revenue of about $5.0B (latest available figure, as of Jul 19, 2026).
What is the net profit margin of UAA?
The net profit margin of Under Armour, Inc is about -10.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

14 days Pro free · no card

Track Under Armour, Inc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.