Nike (CHIX:NKED) EV-to-EBIT: 17.13 (As of Aug. 11, 2026) — 38% Below Median

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CHIX:NKED Nike Inc CHIX:NKED
60 GF Score
Price €37.21
GF Value €62.12
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Nike EV-to-EBIT?

Nike CHIX:NKED 60 EV-to-EBIT is 17.13 as of Aug. 11, 2026, which is 38% below its 10-year median of 27.69. GuruFocus rates CHIX:NKED with a GF Score™ of 60/100 and a GF Value™ of €62.12 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 811 Manufacturing - Apparel & Accessories companies, Nike ranks worse than 61.78% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nike's Enterprise Value is €55,795 Mil. Nike's EBIT for the trailing twelve months (TTM) ended in May. 2026 was €3,257 Mil. Therefore, Nike's EV-to-EBIT for today is 17.13.

The historical rank and industry rank for Nike's EV-to-EBIT or its related term are showing as below:

CHIX:NKEd' s EV-to-EBIT Range Over the Past 10 Years
Min: 16.37   Med: 27.69   Max: 65.12
Current: 16.93

During the past 13 years, the highest EV-to-EBIT of Nike was 65.12. The lowest was 16.37. And the median was 27.69.

CHIX:NKEd's EV-to-EBIT is ranked worse than
61.78% of 811 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 13.4 vs CHIX:NKEd: 16.93

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nike's Enterprise Value for the quarter that ended in May. 2026 was €59,596 Mil. Nike's EBIT for the trailing twelve months (TTM) ended in May. 2026 was €3,257 Mil. Nike's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was 5.46%.


Nike  (CHIX:NKEd) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Nike's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: May. 2026 ) =EBIT / Enterprise Value (Q: May. 2026 )
=3256.537/59595.849485
=5.46 %

Nike's Enterprise Value for the quarter that ended in May. 2026 was €59,596 Mil.
Nike's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,257 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nike EV-to-EBIT Related Terms


Nike EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Nike's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nike EV-to-EBIT Chart

Nike Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.92 27.51 22.70 24.66 18.59

Nike Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.66 34.14 32.41 33.90 18.59

CHIX:NKED vs DECK, ONON, BIRK: EV-to-EBIT Comparison

For the Footwear & Accessories subindustry, Nike's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nike EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nike's EV-to-EBIT falls into.


CHIX:NKED
60GF Score
Nike Inc CHIX:NKED
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nike EV-to-EBIT Calculation

Nike's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=55795.000/3256.537
=17.13

Nike's current Enterprise Value is €55,795 Mil.
Nike's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,257 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 17.13 mean?
Nike (CHIX:NKED) has a EV-to-EBIT of 17.13 as of Aug. 11, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nike and its competitors. This is 38% below median its historical median of 27.69. Over the past decade, Nike's EV-to-EBIT has ranged from 16.37 to 65.12. According to the industry distribution chart, Nike ranks #501 out of 811 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 61.8%.
Is Nike's EV-to-EBIT too high?
Nike's current EV-to-EBIT of 17.13 is 38% below median its 10-year median of 27.69. Over the past 10 years, this metric has ranged from a low of 16.37 to a high of 65.12. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 13.40. Nike's value of 17.13 is 27.8% above this industry median. Based on the distribution chart, Nike ranks #501 out of 811 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Nike has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nike's EV-to-EBIT compare to DECK and ONON?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nike ranks #501 out of 811 companies for EV-to-EBIT. This places Nike in the lower half of its industry. The industry median EV-to-EBIT is 13.40. Nike's value of 17.13 is 27.8% above this benchmark. Historically, Nike's own EV-to-EBIT has ranged from 16.37 to 65.12 over the past decade. While the company's 10-year median is 27.69 vs. the industry median of 13.40, Nike has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Manufacturing - Apparel & Accessories company?
The median EV-to-EBIT among Manufacturing - Apparel & Accessories companies is 13.40, based on 811 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nike's current EV-to-EBIT of 17.13 is 27.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nike and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 13.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nike's current EV-to-EBIT is 17.13, which is 38% below median its own 10-year median of 27.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nike stock overvalued right now?
Based on GuruFocus' analysis, Nike (CHIX:NKED) is currently considered Significantly Undervalued. The stock's GF Value™ is €62.12, compared to a current price of €37.21 — trading 40.1% below its estimated fair value. The current EV-to-EBIT is 17.13, which is 38% below median its 10-year median of 27.69 and 27.8% above the Manufacturing - Apparel & Accessories industry median of 13.40. Nike's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Nike (CHIX:NKED), the current EV-to-EBIT is 17.13 as of Aug. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nike (CHIX:NKED) Overvalued in 2026?

Based on GuruFocus' analysis, Nike stock appears to be undervalued. The current stock price of €37.21 is trading 40.1% below its estimated GF Value™ of €62.12. GuruFocus considers Nike to be Significantly Undervalued.

Key valuation signals for CHIX:NKED:

  • EV-to-EBIT: 17.13 (38% below median its 10-year median of 27.69)
  • GF Value™: €62.12 vs. price of €37.21 (40.1% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 27.8% above the Manufacturing - Apparel & Accessories median (#501 of 811)

No single metric tells the full story. See the CHIX:NKED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nike Business Description

Address One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium athletic footwear and clothing), NikeSkims (women's athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
60GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€37.21
Price
€62.12
GF Value