NIKE, Inc. (NKE)

Rubber & Plastics Footwear

Latest Price

$37.05

TTM P/E

24.37

Normalized P/E

12.66

Div Yield

4.43%

Book Value

9.53

P/B Ratio

3.89

Valuation metrics

EPS: $2.10

Book value / share: $10.04

Formula: √(22.5 × EPS × BVPS)

Graham Number

$21.78

41% downside

Norm. op. income: $6.2B (median of 7yr)

Tax rate: 15%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$35.36

4% downside

Base FCF: $4.4B (median of recent 5yr)

Growth: -3%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$29.24

21% downside

EPS: $2.10

Target P/E: 13×

Formula: EPS × P/E

P/E Fair Value

$27.30

26% downside

70.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	81.81M	$3.36B	5.53%	-9.98M	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	78.31M	$3.21B	5.29%	+939.6K	2026-06-30
Capital World Investors	72.06M	$2.96B	4.87%	+21.58M	2026-06-30
STATE STREET CORP	63.60M	$2.64B	4.30%	+4.05M	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	45.78M	$1.88B	3.09%	+17.30M	2026-06-30
CITADEL ADVISORS LLC	29.35M	$1.20B	1.98%	+2.34M	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	29.26M	$1.20B	1.98%	+315.8K	2026-06-30
JANE STREET GROUP, LLC	27.05M	$1.11B	1.83%	+9.66M	2026-06-30
WELLINGTON MANAGEMENT GROUP LLP	22.21M	$911.0M	1.50%	-16.14M	2026-06-30
FMR LLC	21.17M	$868.0M	1.43%	+168.8K	2026-06-30