Linked here is a detailed quantitative analysis of Nike, Inc. (NKE). Below are some highlights from the above linked analysis.Company Description: Nike, Inc. is the world's leading designer and marketer of high-quality athletic footwear, athletic apparel and accessories.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations of fair value, see page 2 of the linked PDF for a detailed description:
1. Avg. High Yield Price
2. 20-Year DCF Price
3. Avg. P/E Price
4. Graham Number
NKE is trading at a premium to all four valuations above. The stock is trading at a 59.3% premium to its calculated fair value of $66.97. NKE did not earn any Stars in this section.Dividend Analytical Data: In this section there are three possible Stars and three key metrics, see page 2 of the linked PDF for a detailed description:
1. Free Cash Flow Payout
2. Debt To Total Capital
3. Key Metrics
4. Dividend Growth Rate
5. Years of Div. Growth
6. Rolling 4-yr Div. > 15%
NKE earned three Stars in this section for 1.), 2.) and 3.) above. A Star was earned since the Free Cash Flow payout ratio was less than 60% and there were no negative Free Cash Flows over the last 10 years. The stock earned a Star as a result of its most recent Debt to Total Capital being less than 45%. NKE earned a Star for having an acceptable score in at least two of the four Key Metrics measured.
Rolling 4-yr Div.
One of my favorite things to see in a long candidate is a pattern of beating Wall Street's earnings read on...
Tobin’s Q, a market-valuation metric, is back in the news, in part thanks to a widely read Bloomberg read on...
Despite the chorus of analysts and investors calling for the long-awaited correction, the market is showing read on...
What's going on at the Fed? Notorious dove, Charles Evans of the Chicago Fed, gave a speech in read on...