Nike Enterprise Value vs Free Cash Flow Analysis

NKE Stock

USD 94.64 0.62 0.66%

Nike financial indicator trend analysis is infinitely more than just investigating Nike Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nike Inc is a good investment. Please check the relationship between Nike Enterprise Value and its Free Cash Flow accounts. 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 industry.

Enterprise Value vs Free Cash Flow

Enterprise Value vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nike Inc Enterprise Value account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Nike's Enterprise Value and Free Cash Flow is 0.44. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Nike Inc, assuming nothing else is changed. The correlation between historical values of Nike's Enterprise Value and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Nike Inc are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Enterprise Value i.e., Nike's Enterprise Value and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Enterprise Value

Enterprise Value (or EV) is usually referred to as Nike theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Nike Inc debt, but would also pocket its cash. Enterprise Value is more accurate representation of Nike value than its market capitalization because it takes into account all of Nike Inc existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Nike's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nike Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 industry.

At present, Nike's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 26.84, whereas Discontinued Operations is forecasted to decline to about 16.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	205M	286M	328.9M	345.3M
Depreciation And Amortization	840M	859M	987.9M	1.0B

Interest Expense Depreciation And Amortization

Nike fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Good Will	Property Plant And Equipment Gross	Other Liab
Total Assets		0.85	0.97	0.98	0.83	0.91	0.48	-0.27	0.95	0.99	0.32	0.97	0.63	-0.84	0.94	0.98	0.81	0.97	0.97	1.0	0.69	0.95	0.23	-0.09	0.67	0.84
Short Long Term Debt Total	0.85		0.84	0.82	0.55	0.85	0.85	-0.58	0.82	0.89	0.2	0.78	0.3	-0.63	0.9	0.9	0.64	0.84	0.89	0.82	0.74	0.74	0.05	0.2	0.45	0.68
Other Current Liab	0.97	0.84		0.99	0.74	0.89	0.47	-0.39	0.94	0.97	0.32	0.92	0.6	-0.81	0.94	0.96	0.85	0.93	0.97	0.97	0.63	0.94	0.14	-0.02	0.67	0.86
Total Current Liabilities	0.98	0.82	0.99		0.79	0.87	0.45	-0.3	0.94	0.97	0.36	0.93	0.67	-0.86	0.92	0.97	0.86	0.94	0.96	0.98	0.66	0.97	0.19	-0.12	0.73	0.88
Total Stockholder Equity	0.83	0.55	0.74	0.79		0.74	0.26	0.25	0.66	0.76	0.3	0.79	0.71	-0.79	0.59	0.79	0.8	0.87	0.67	0.85	0.42	0.88	0.5	-0.44	0.53	0.6
Property Plant And Equipment Net	0.91	0.85	0.89	0.87	0.74		0.6	-0.4	0.8	0.93	0.42	0.8	0.47	-0.77	0.86	0.94	0.74	0.95	0.88	0.88	0.44	0.86	0.21	-0.06	0.49	0.81
Net Debt	0.48	0.85	0.47	0.45	0.26	0.6		-0.58	0.4	0.55	0.12	0.37	0.0	-0.31	0.55	0.6	0.37	0.54	0.53	0.44	0.53	0.39	-0.05	0.29	0.12	0.34
Retained Earnings	-0.27	-0.58	-0.39	-0.3	0.25	-0.4	-0.58		-0.39	-0.39	-0.13	-0.2	0.27	0.04	-0.54	-0.35	-0.09	-0.25	-0.47	-0.21	-0.27	-0.11	0.54	-0.63	-0.05	-0.34
Cash	0.95	0.82	0.94	0.94	0.66	0.8	0.4	-0.39		0.95	0.22	0.96	0.54	-0.77	0.97	0.92	0.7	0.86	0.98	0.94	0.76	0.86	0.12	0.04	0.69	0.82
Non Current Assets Total	0.99	0.89	0.97	0.97	0.76	0.93	0.55	-0.39	0.95		0.36	0.94	0.56	-0.82	0.96	0.99	0.77	0.97	0.98	0.97	0.69	0.93	0.16	-0.02	0.66	0.86
Non Currrent Assets Other	0.32	0.2	0.32	0.36	0.3	0.42	0.12	-0.13	0.22	0.36		0.15	0.41	-0.55	0.25	0.38	0.3	0.39	0.29	0.29	0.0	0.46	-0.06	-0.43	0.56	0.65
Cash And Short Term Investments	0.97	0.78	0.92	0.93	0.79	0.8	0.37	-0.2	0.96	0.94	0.15		0.6	-0.75	0.92	0.91	0.71	0.91	0.94	0.97	0.74	0.88	0.18	-0.01	0.62	0.74
Net Receivables	0.63	0.3	0.6	0.67	0.71	0.47	0.0	0.27	0.54	0.56	0.41	0.6		-0.85	0.45	0.58	0.63	0.6	0.53	0.66	0.41	0.75	0.36	-0.48	0.86	0.64
Common Stock Shares Outstanding	-0.84	-0.63	-0.81	-0.86	-0.79	-0.77	-0.31	0.04	-0.77	-0.82	-0.55	-0.75	-0.85		-0.72	-0.85	-0.79	-0.82	-0.78	-0.84	-0.52	-0.9	-0.35	0.49	-0.89	-0.87
Non Current Liabilities Total	0.94	0.9	0.94	0.92	0.59	0.86	0.55	-0.54	0.97	0.96	0.25	0.92	0.45	-0.72		0.93	0.64	0.88	0.99	0.92	0.75	0.82	0.03	0.16	0.61	0.82
Inventory	0.98	0.9	0.96	0.97	0.79	0.94	0.6	-0.35	0.92	0.99	0.38	0.91	0.58	-0.85	0.93		0.81	0.97	0.96	0.97	0.66	0.94	0.22	-0.09	0.65	0.86
Other Current Assets	0.81	0.64	0.85	0.86	0.8	0.74	0.37	-0.09	0.7	0.77	0.3	0.71	0.63	-0.79	0.64	0.81		0.81	0.72	0.82	0.4	0.87	0.31	-0.34	0.58	0.68
Other Stockholder Equity	0.97	0.84	0.93	0.94	0.87	0.95	0.54	-0.25	0.86	0.97	0.39	0.91	0.6	-0.82	0.88	0.97	0.81		0.91	0.97	0.57	0.94	0.24	-0.13	0.58	0.79
Total Liab	0.97	0.89	0.97	0.96	0.67	0.88	0.53	-0.47	0.98	0.98	0.29	0.94	0.53	-0.78	0.99	0.96	0.72	0.91		0.95	0.73	0.89	0.08	0.07	0.67	0.86
Total Current Assets	1.0	0.82	0.97	0.98	0.85	0.88	0.44	-0.21	0.94	0.97	0.29	0.97	0.66	-0.84	0.92	0.97	0.82	0.97	0.95		0.68	0.96	0.26	-0.13	0.68	0.82
Short Term Debt	0.69	0.74	0.63	0.66	0.42	0.44	0.53	-0.27	0.76	0.69	0.0	0.74	0.41	-0.52	0.75	0.66	0.4	0.57	0.73	0.68		0.57	0.0	0.2	0.6	0.52
Accounts Payable	0.95	0.74	0.94	0.97	0.88	0.86	0.39	-0.11	0.86	0.93	0.46	0.88	0.75	-0.9	0.82	0.94	0.87	0.94	0.89	0.96	0.57		0.3	-0.29	0.75	0.88
Intangible Assets	0.23	0.05	0.14	0.19	0.5	0.21	-0.05	0.54	0.12	0.16	-0.06	0.18	0.36	-0.35	0.03	0.22	0.31	0.24	0.08	0.26	0.0	0.3		-0.53	0.14	0.11
Good Will	-0.09	0.2	-0.02	-0.12	-0.44	-0.06	0.29	-0.63	0.04	-0.02	-0.43	-0.01	-0.48	0.49	0.16	-0.09	-0.34	-0.13	0.07	-0.13	0.2	-0.29	-0.53		-0.4	-0.24
Property Plant And Equipment Gross	0.67	0.45	0.67	0.73	0.53	0.49	0.12	-0.05	0.69	0.66	0.56	0.62	0.86	-0.89	0.61	0.65	0.58	0.58	0.67	0.68	0.6	0.75	0.14	-0.4		0.81
Other Liab	0.84	0.68	0.86	0.88	0.6	0.81	0.34	-0.34	0.82	0.86	0.65	0.74	0.64	-0.87	0.82	0.86	0.68	0.79	0.86	0.82	0.52	0.88	0.11	-0.24	0.81

Click cells to compare fundamentals

Nike Account Relationship Matchups

Nike fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	31.3B	37.7B	40.3B	37.5B	43.2B	45.3B
Short Long Term Debt Total	13.0B	3.4B	12.6B	12.1B	14.0B	14.7B
Other Current Liab	5.0B	6.1B	6.2B	6.0B	6.9B	7.2B
Total Current Liabilities	8.3B	9.7B	10.7B	9.3B	10.6B	11.2B
Total Stockholder Equity	8.1B	12.8B	15.3B	14.0B	16.1B	16.9B
Property Plant And Equipment Net	4.9B	4.9B	4.8B	8.0B	9.2B	9.7B
Net Debt	4.7B	(6.5B)	4.1B	4.7B	4.2B	4.4B
Retained Earnings	(191M)	3.2B	3.5B	1.4B	1.6B	1.5B
Cash	8.3B	9.9B	8.6B	7.4B	8.6B	9.0B
Non Current Assets Total	10.8B	11.4B	12.1B	12.3B	14.2B	14.9B
Non Currrent Assets Other	3.1B	3.1B	2.9B	3.8B	4.3B	4.6B
Cash And Short Term Investments	8.8B	13.5B	13.0B	10.7B	12.3B	12.9B
Net Receivables	2.7B	4.5B	4.7B	4.1B	4.8B	2.4B
Common Stock Shares Outstanding	1.6B	1.6B	1.6B	1.6B	1.4B	1.7B
Liabilities And Stockholders Equity	31.3B	37.7B	40.3B	37.5B	43.2B	45.3B
Non Current Liabilities Total	15.0B	15.3B	14.3B	14.3B	16.4B	17.2B
Inventory	7.4B	6.9B	8.4B	8.5B	9.7B	10.2B
Other Current Assets	1.7B	1.5B	2.1B	1.9B	2.2B	2.3B
Other Stockholder Equity	8.3B	10.0B	11.5B	12.4B	14.3B	15.0B
Total Liab	23.3B	25.0B	25.0B	23.5B	27.1B	28.4B
Total Current Assets	20.6B	26.3B	28.2B	25.2B	29.0B	30.4B
Short Term Debt	696M	469M	930M	431M	495.7M	337.8M
Accounts Payable	2.2B	2.8B	3.4B	2.9B	3.3B	3.5B
Good Will	223M	242M	284M	281M	252.9M	218M
Property Plant And Equipment Gross	9.7B	10.1B	10.1B	8.0B	9.2B	5.3B
Accumulated Other Comprehensive Income	(92M)	231M	(56M)	(380M)	265.7M	278.9M
Other Liab	3.0B	2.7B	3.0B	2.6B	3.0B	3.2B
Other Assets	2.3B	2.9B	3.8B	3.8B	4.3B	4.6B
Long Term Debt	9.4B	9.4B	8.9B	8.9B	10.3B	10.8B
Property Plant Equipment	4.9B	8.0B	4.8B	8.0B	9.2B	9.7B
Accumulated Depreciation	4.7B	4.8B	5.2B	5.3B	6.1B	3.2B
Short Term Investments	439M	3.6B	4.4B	3.2B	3.7B	2.0B
Net Tangible Assets	10.5B	12.3B	14.7B	16.2B	18.7B	12.4B
Retained Earnings Total Equity	(191M)	3.2B	3.5B	1.4B	1.2B	1.2B
Long Term Debt Total	9.4B	9.4B	8.9B	8.9B	10.3B	10.8B
Capital Surpluse	8.3B	10.0B	11.5B	12.4B	14.3B	8.0B

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When determining whether Nike Inc is a strong investment it is important to analyze Nike's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nike's future performance. For an informed investment choice regarding Nike Stock, refer to the following important reports:

How To Invest In Nike

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Is Nike Stock a good investment?

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What is Nike's Net Worth?

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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 industry.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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.

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Is Nike's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nike. If investors know Nike will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.03)

Dividend Share

1.42

Earnings Share

3.4

Revenue Per Share

33.831

Quarterly Revenue Growth

0.003

The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nike is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Nike Enterprise Value vs Free Cash Flow Analysis

Enterprise Value vs Free Cash Flow

Enterprise Value vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Enterprise Value

Free Cash Flow

Nike fundamental ratios Correlations

Nike Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nike fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Nike Stock analysis

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Inventory	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total
Total Current Liabilities	+ 0.98	Total Assets

Accounts Payable	- 0.9	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.89	Common Stock Shares Outstanding
Other Liab	- 0.87	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.86	Total Current Liabilities
Inventory	- 0.85	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.85	Net Receivables