Skechers USA Inc
NYSE:SKX

Watchlist Manager
Skechers USA Inc Logo
Skechers USA Inc
NYSE:SKX
Watchlist
Price: 62.46 USD -0.11% 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 66.54 USD. Compared to the current market price of 62.46 USD, Skechers USA Inc is Undervalued by 6%.

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
66.54 USD
Undervaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1
P/S
P/S
Price to Sales
1
vs History
60
vs Industry
44
Median 3Y
1
Median 5Y
1.1
Industry
0.9
Forward
1
More Details
14.7
P/E
P/E
Price to Earnings
14.7
vs History
68
vs Industry
40
Median 3Y
16.1
Median 5Y
17.2
Industry
18.1
Forward
17.4
More Details
15.1
P/OCF
P/OCF
Price to OCF
15.1
vs History
38
vs Industry
28
Median 3Y
12.4
Median 5Y
13.5
Industry
9.7
More Details
28
P/FCFE
P/FCFE
Price to FCFE
28
vs History
9
vs Industry
21
Median 3Y
13.4
Median 5Y
9.4
Industry
17.1
More Details
2.1
P/B
P/B
Price to Book Value
2.1
vs History
61
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
57
vs Industry
51
Median 3Y
1
Median 5Y
1
Industry
1.1
Forward
0.9
More Details
1.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.8
vs History
74
vs Industry
66
Median 3Y
1.9
Median 5Y
1.9
Industry
3.7
More Details
7.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7.8
vs History
74
vs Industry
45
Median 3Y
8.3
Median 5Y
8.8
Industry
9.8
Forward
8.6
More Details
9.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
9.8
vs History
68
vs Industry
44
Median 3Y
10.2
Median 5Y
10.9
Industry
12.7
Forward
11.5
More Details
13.7
EV/OCF
EV/OCF
Enterprise Value to OCF
13.7
vs History
36
vs Industry
33
Median 3Y
11.1
Median 5Y
12.2
Industry
10.5
More Details
75.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
75.5
vs History
4
vs Industry
17
Median 3Y
11.3
Median 5Y
21.1
Industry
13.7
More Details
1.3
EV/IC
EV/IC
Enterprise Value to IC
1.3
vs History
53
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 14.7 7.8 9.8
US
Nike Inc
NYSE:NKE
88.6B USD 1.9 19.7 15 17.5
CH
On Holding AG
NYSE:ONON
16.9B USD 5.4 66.4 36.3 52.4
JP
Asics Corp
TSE:7936
2.4T JPY 3.4 35.6 17.5 21.7
US
Deckers Outdoor Corp
NYSE:DECK
15.4B USD 3.1 16 10.8 11.4
UK
Birkenstock Holding PLC
NYSE:BIRK
9.7B USD 4.3 33.5 15.6 18.9
CN
Huali Industrial Group Co Ltd
SZSE:300979
59.6B CNY 2.4 15.6 11.2 11.2
US
Crocs Inc
NASDAQ:CROX
5.7B USD 1.4 5.9 6.4 6.9
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
120.5B TWD 1.4 21 11.6 16.6
PL
CCC SA
WSE:CCC
14.4B PLN 1.4 15 10.6 17.1
DE
Puma SE
XETRA:PUM
3.2B EUR 0.4 16.3 4.6 7.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Skechers USA Inc
NYSE:SKX
Average EV/EBITDA: 13.4
7.8
2%
3.9
US
Nike Inc
NYSE:NKE
15
-13%
N/A
CH
On Holding AG
NYSE:ONON
36.3
39%
0.9
JP
Asics Corp
TSE:7936
17.5
15%
1.2
US
Deckers Outdoor Corp
NYSE:DECK
10.8
6%
1.8
UK
Birkenstock Holding PLC
NYSE:BIRK
15.6
20%
0.8
CN
Huali Industrial Group Co Ltd
SZSE:300979
11.2
19%
0.6
US
Crocs Inc
NASDAQ:CROX
6.4
-5%
N/A
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
11.6
8%
1.4
PL
C
CCC SA
WSE:CCC
10.6
25%
0.4
DE
Puma SE
XETRA:PUM
4.6
3%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Skechers USA Inc
NYSE:SKX
Average EV/EBIT: 17.4
9.8
0%
N/A
US
Nike Inc
NYSE:NKE
17.5
-13%
N/A
CH
On Holding AG
NYSE:ONON
52.4
43%
1.2
JP
Asics Corp
TSE:7936
21.7
N/A N/A
US
Deckers Outdoor Corp
NYSE:DECK
11.4
6%
1.9
UK
Birkenstock Holding PLC
NYSE:BIRK
18.9
21%
0.9
CN
Huali Industrial Group Co Ltd
SZSE:300979
11.2
14%
0.8
US
Crocs Inc
NASDAQ:CROX
6.9
-3%
N/A
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
16.6
9%
1.8
PL
C
CCC SA
WSE:CCC
17.1
30%
0.6
DE
Puma SE
XETRA:PUM
7.9
5%
1.6

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
Back to Top
ALPHA SPREAD
Follow us
Join more than 262,300+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.