AlphaMadera's AlphaVal page classifies NIKE, Inc. as a Stable Earnings Power business and values it using P/Adj-EPS × Normalized Multiple, then compares the result to the current market price to flag NKE as undervalued, fairly valued, or overvalued.

What is NIKE, Inc.'s fair value?

Fair value for NKE comes from a P/Adj-EPS × Normalized Multiple model -- the approach AlphaVal selected for this company's Stable Earnings Power classification. The live AlphaVal page shows bear, base, and bull scenarios alongside the key assumption behind each.

How does AlphaMadera value NKE?

AlphaVal routes each company to one of ten valuation archetypes based on its business model. NKE was classified as Stable Earnings Power and is valued using P/Adj-EPS × Normalized Multiple, built from NKE's most recent reported fundamentals.

NKE - NIKE, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $48.43 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Moderate

Trading 29.6% below fair value

Current Price $36.36

Bear Case $45.22 24.4% upside ($45.22 - $36.36) / $36.36 = 24.4% $3.23 × 14x P/E

Fair Value $51.68 42.1% upside ($51.68 - $36.36) / $36.36 = 42.1% $3.23 × 16x P/E

Bull Case $58.14 59.9% upside ($58.14 - $36.36) / $36.36 = 59.9% $3.23 × 18x P/E

Adjust Assumptions

P/E Multiple

16.0x

Adjusted EPS

3.23$

Key Value Driver

Normalized P/E multiple (16x base case)

Terminal Value % of EV

Implied Market Multiple 11.3x

Market is pricing in (growth)

Plain-Language Summary

Applying a 16x P/E to adjusted EPS of $3.23, the base-case value is $51.68 per share. DDM cross-check: $91.36.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (71 analysts) $48.43

Analyst Range $30.00 – $75.00

Divergence from AlphaVal 7%

Warnings

⚠ The company's reported profits differ from official accounting profits by 54%. Check what costs are being left out of the adjusted number.

ℹ Dividend-based valuation: $91.36 (above our primary estimate by 77%). Large gaps may signal the dividend doesn't reflect full earning power.

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