Skechers USA Inc
NYSE:SKX

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Skechers USA Inc
NYSE:SKX
Watchlist
Price: 62 USD -0.02% Market Closed
Market Cap: 9.3B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one SKX stock under the Base Case scenario is 66.89 USD. Compared to the current market price of 62 USD, Skechers USA Inc is Undervalued by 7%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SKX Relative Value
Base Case
66.89 USD
Undervaluation 7%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1
P/S
P/S
Price to Sales
1
vs History
63
vs Industry
44
Median 3Y
1
Median 5Y
1.1
Industry
0.9
Forward
1
More Details
14.6
P/E
P/E
Price to Earnings
14.6
vs History
71
vs Industry
40
Median 3Y
16.1
Median 5Y
17.2
Industry
17.4
Forward
17.3
More Details
15
P/OCF
P/OCF
Price to OCF
15
vs History
39
vs Industry
28
Median 3Y
12.4
Median 5Y
13.2
Industry
10
More Details
27.8
P/FCFE
P/FCFE
Price to FCFE
27.8
vs History
11
vs Industry
21
Median 3Y
13.2
Median 5Y
9
Industry
16.5
More Details
2.1
P/B
P/B
Price to Book Value
2.1
vs History
63
vs Industry
26
Median 3Y
2.1
Median 5Y
2.1
Industry
1.3
More Details
0.9
EV/S
EV/S
Enterprise Value to Sales
0.9
vs History
60
vs Industry
51
Median 3Y
1
Median 5Y
1
Industry
1.1
Forward
0.9
More Details
1.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.7
vs History
76
vs Industry
66
Median 3Y
1.9
Median 5Y
1.9
Industry
3.8
More Details
7.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7.7
vs History
76
vs Industry
45
Median 3Y
8.3
Median 5Y
8.8
Industry
9.5
Forward
8.5
More Details
9.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
9.7
vs History
76
vs Industry
44
Median 3Y
10.2
Median 5Y
10.9
Industry
12.8
Forward
11.4
More Details
13.6
EV/OCF
EV/OCF
Enterprise Value to OCF
13.6
vs History
39
vs Industry
33
Median 3Y
11.1
Median 5Y
12
Industry
11
More Details
74.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
74.9
vs History
6
vs Industry
17
Median 3Y
11.1
Median 5Y
21.1
Industry
13.9
More Details
1.3
EV/IC
EV/IC
Enterprise Value to IC
1.3
vs History
55
vs Industry
33
Median 3Y
1.4
Median 5Y
1.3
Industry
1
More Details

Multiples Across Competitors

SKX Competitors Multiples
Skechers USA Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Skechers USA Inc
NYSE:SKX
9.3B USD 1 14.6 7.7 9.7
US
Nike Inc
NYSE:NKE
92.1B USD 1.9 20.4 15.6 18.2
CH
On Holding AG
NYSE:ONON
18.9B USD 6.1 74.5 41 59.1
JP
Asics Corp
TSE:7936
2.5T JPY 3.5 36.3 17.9 22.2
US
Deckers Outdoor Corp
NYSE:DECK
15.9B USD 3.2 16.5 11.2 11.8
UK
Birkenstock Holding PLC
NYSE:BIRK
10.4B USD 4.9 41.6 17.4 21.6
CN
Huali Industrial Group Co Ltd
SZSE:300979
61.8B CNY 2.5 16.2 11.7 11.7
US
Crocs Inc
NASDAQ:CROX
5.7B USD 1.4 6 6.5 6.9
PL
CCC SA
WSE:CCC
16.3B PLN 1.6 17.1 11.9 19.1
DE
Puma SE
XETRA:PUM
3.4B EUR 0.4 17.2 4.8 8.3
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
114.5B TWD 1.3 19.9 11 15.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Skechers USA Inc
NYSE:SKX
Average EV/EBITDA: 14.2
7.7
2%
3.9
US
Nike Inc
NYSE:NKE
15.6
-13%
N/A
CH
On Holding AG
NYSE:ONON
41
39%
1.1
JP
Asics Corp
TSE:7936
17.9
15%
1.2
US
Deckers Outdoor Corp
NYSE:DECK
11.2
6%
1.9
UK
Birkenstock Holding PLC
NYSE:BIRK
17.4
20%
0.9
CN
Huali Industrial Group Co Ltd
SZSE:300979
11.7
19%
0.6
US
Crocs Inc
NASDAQ:CROX
6.5
-5%
N/A
PL
C
CCC SA
WSE:CCC
11.9
24%
0.5
DE
Puma SE
XETRA:PUM
4.8
3%
1.6
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
11
8%
1.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Skechers USA Inc
NYSE:SKX
Average EV/EBIT: 18.6
9.7
0%
N/A
US
Nike Inc
NYSE:NKE
18.2
-13%
N/A
CH
On Holding AG
NYSE:ONON
59.1
43%
1.4
JP
Asics Corp
TSE:7936
22.2
N/A N/A
US
Deckers Outdoor Corp
NYSE:DECK
11.8
5%
2.4
UK
Birkenstock Holding PLC
NYSE:BIRK
21.6
21%
1
CN
Huali Industrial Group Co Ltd
SZSE:300979
11.7
14%
0.8
US
Crocs Inc
NASDAQ:CROX
6.9
-3%
N/A
PL
C
CCC SA
WSE:CCC
19.1
29%
0.7
DE
Puma SE
XETRA:PUM
8.3
5%
1.7
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
15.8
9%
1.8

See Also

Summary
SKX intrinsic value, competitors valuation, and company profile.
DCF Valuation
SKX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SKX stock valuation using valuation multiples.
Wall Street Estimates
SKX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SKX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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