Foot Locker, Inc. logo FL - Foot Locker, Inc.

Inactive Ticker FL is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 20
HOLD 29
SELL 3
STRONG
SELL
0
| PRICE TARGET: $27.95 DETAILS
HIGH: $55.00
LOW: $14.00
MEDIAN: $26.00
CONSENSUS: $27.95
UPSIDE: 16.41%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong
Trading 46.6% below fair value
Current Price $24.01
Bear Case $35.95 49.7% upside ($35.95 - $24.01) / $24.01 = 49.7% $3.61 × 12x P/E
Fair Value $44.94 87.2% upside ($44.94 - $24.01) / $24.01 = 87.2% $3.61 × 15x P/E
Bull Case $53.93 124.6% upside ($53.93 - $24.01) / $24.01 = 124.6% $3.61 × 18x P/E

Adjust Assumptions

15.0x
3.61$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 6.7x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $27.95 from 52 analysts, using a 35% weight on analyst consensus. That produces an estimated intrinsic value of $44.94 per share.

Warnings

The company's reported profits differ from official accounting profits by 2674%. Check what costs are being left out of the adjusted number.
The company pays out 1231% of its profits as dividends. That leaves little cushion — the dividend could be cut if business slows down.
Dividend-based valuation: $27.14 (below our primary estimate by 50%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $27.95 (from 52 analysts). Our estimate is 94% above the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples