NIKE Financials
| NIKE34 Stock | BRL 50.21 0.60 1.21% |
NIKE |
Understanding current and past NIKE Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NIKE's financial statements are interrelated, with each one affecting the others. For example, an increase in NIKE's assets may result in an increase in income on the income statement.
The data published in NIKE's official financial statements usually reflect NIKE's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of NIKE Inc. For example, before you start analyzing numbers published by NIKE accountants, it's critical to develop an understanding of what NIKE's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of NIKE's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NIKE's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in NIKE's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NIKE Inc. Please utilize our Beneish M Score to check the likelihood of NIKE's management manipulating its earnings.
NIKE Stock Summary
NIKE competes with Alpargatas, Arezzo Indstria, Braskem SA, Grendene, and Marcopolo. NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. NIKE DRN operates under Footwear Accessories classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 76700 people.| Instrument | Brazil Stock View All |
| Exchange | Sao Paulo Exchange |
| Business Address | One Bowerman Drive, |
| Sector | Consumer Cyclical |
| Industry | Footwear & Accessories |
| Benchmark | NYSE Composite |
| Website | investors.nike.com |
| Phone | 503 671 6453 |
| Currency | BRL - Brazilian Real |
You should never invest in NIKE without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NIKE Stock, because this is throwing your money away. Analyzing the key information contained in NIKE's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NIKE Key Financial Ratios
Generally speaking, NIKE's financial ratios allow both analysts and investors to convert raw data from NIKE's financial statements into concise, actionable information that can be used to evaluate the performance of NIKE over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that NIKE Inc reports annually and quarterly.NIKE Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NIKE's current stock value. Our valuation model uses many indicators to compare NIKE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NIKE competition to find correlations between indicators driving NIKE's intrinsic value. More Info.NIKE Inc is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies reporting about 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NIKE Inc is roughly 3.68 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NIKE by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NIKE's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NIKE's earnings, one of the primary drivers of an investment's value.NIKE Inc Systematic Risk
NIKE's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NIKE volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on NIKE Inc correlated with the market. If Beta is less than 0 NIKE generally moves in the opposite direction as compared to the market. If NIKE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NIKE Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NIKE is generally in the same direction as the market. If Beta > 1 NIKE moves generally in the same direction as, but more than the movement of the benchmark.
About NIKE Financials
What exactly are NIKE Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include NIKE's income statement, its balance sheet, and the statement of cash flows. Potential NIKE investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although NIKE investors may use each financial statement separately, they are all related. The changes in NIKE's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NIKE's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze NIKE Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as NIKE is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of NIKE has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if NIKE's financials are consistent with your investment objective using the following steps:- Review NIKE's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand NIKE's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare NIKE's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if NIKE's stock is overvalued or undervalued.
NIKE April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NIKE help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NIKE Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of NIKE Inc based on widely used predictive technical indicators. In general, we focus on analyzing NIKE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NIKE's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.88 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.17 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.11 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIKE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the NIKE Inc information on this page should be used as a complementary analysis to other NIKE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for NIKE Stock analysis
When running NIKE's price analysis, check to measure NIKE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NIKE is operating at the current time. Most of NIKE's value examination focuses on studying past and present price action to predict the probability of NIKE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIKE's price. Additionally, you may evaluate how the addition of NIKE to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |