u/SmartTriageIO · 241d agono track record yet
NKE is down 50%... but the math says it’s still expensive.
Nike is a value trap despite its 50% decline. The company trades at 36x P/E (above its 30x historical average) while facing -29% growth forecast and a 10% ROIC barely above cost of capital. Fair value is estimated at ~$56, making $61 overpriced until a real turnaround is proven.
At post $60.58Now $35.51-41.4% since postedas of Sep 18, 4:30 PM ET
1d—
3d+3.3%
1w+2.8%
1m-3.9%
3m-28.1%
6m-31.9%
1y—