Skechers USA Inc
NYSE:SKX

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Skechers USA Inc
NYSE:SKX
Watchlist
Price: 55.97 USD -0.76% Market Closed
Market Cap: 8.4B 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 78.29 USD. Compared to the current market price of 55.97 USD, Skechers USA Inc is Undervalued by 29%.

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
78.29 USD
Undervaluation 29%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.9
P/S
P/S
Price to Sales
0.9
vs History
68
vs Industry
39
Median 3Y
1
Median 5Y
1.1
Industry
0.9
Forward
0.8
More Details
12.9
P/E
P/E
Price to Earnings
12.9
vs History
76
vs Industry
36
Median 3Y
16.1
Median 5Y
17.2
Industry
17.6
Forward
12.2
More Details
12.2
P/OCF
P/OCF
Price to OCF
12.2
vs History
58
vs Industry
33
Median 3Y
12.6
Median 5Y
13.2
Industry
9.7
More Details
20.4
P/FCFE
P/FCFE
Price to FCFE
20.4
vs History
22
vs Industry
28
Median 3Y
11.4
Median 5Y
9
Industry
16.3
More Details
1.9
P/B
P/B
Price to Book Value
1.9
vs History
65
vs Industry
23
Median 3Y
2.1
Median 5Y
2.2
Industry
1.3
More Details
0.8
EV/S
EV/S
Enterprise Value to Sales
0.8
vs History
73
vs Industry
45
Median 3Y
1
Median 5Y
1
Industry
1.1
Forward
0.7
More Details
1.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.5
vs History
87
vs Industry
62
Median 3Y
1.9
Median 5Y
1.9
Industry
3.8
More Details
6.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
6.4
vs History
90
vs Industry
43
Median 3Y
8.3
Median 5Y
8.8
Industry
10
Forward
5.7
More Details
7.9
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
7.9
vs History
92
vs Industry
41
Median 3Y
10.2
Median 5Y
10.9
Industry
13.3
Forward
7.2
More Details
10.4
EV/OCF
EV/OCF
Enterprise Value to OCF
10.4
vs History
57
vs Industry
38
Median 3Y
11.2
Median 5Y
11.7
Industry
10.5
More Details
26.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
26.3
vs History
34
vs Industry
29
Median 3Y
9.6
Median 5Y
21.1
Industry
12.9
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
57
vs Industry
27
Median 3Y
1.4
Median 5Y
1.4
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
8.3B USD 0.9 12.9 6.4 7.9
US
Nike Inc
NYSE:NKE
108.1B USD 2.2 22 17 19.4
US
Deckers Outdoor Corp
NYSE:DECK
17.8B USD 3.6 18.9 12.8 13.5
JP
Asics Corp
TSE:7936
2.3T JPY 3.4 36.1 18.6 22.5
CH
On Holding AG
NYSE:ONON
14.8B USD 5.6 54.1 39.2 58.6
CN
Huali Industrial Group Co Ltd
SZSE:300979
77.3B CNY 3.3 20.6 14.7 14.7
UK
Birkenstock Holding PLC
NYSE:BIRK
8.3B USD 4.1 34.7 15 18.5
US
Crocs Inc
NASDAQ:CROX
5.6B USD 1.4 5.9 6 6.4
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
129.4B TWD 1.5 23 12.2 17
DE
Puma SE
XETRA:PUM
3.3B EUR 0.4 12.9 7.3 7.3
PL
CCC SA
WSE:CCC
12.6B PLN 1.2 23.7 10.3 17.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Skechers USA Inc
NYSE:SKX
Average EV/EBITDA: 14.5
6.4
12%
0.5
US
Nike Inc
NYSE:NKE
17
-7%
N/A
US
Deckers Outdoor Corp
NYSE:DECK
12.8
15%
0.9
JP
Asics Corp
TSE:7936
18.6
N/A N/A
CH
On Holding AG
NYSE:ONON
39.2
43%
0.9
CN
Huali Industrial Group Co Ltd
SZSE:300979
14.7
24%
0.6
UK
Birkenstock Holding PLC
NYSE:BIRK
15
19%
0.8
US
Crocs Inc
NASDAQ:CROX
6
-1%
N/A
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
12.2
17%
0.7
DE
Puma SE
XETRA:PUM
7.3
9%
0.8
PL
C
CCC SA
WSE:CCC
10.3
44%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Skechers USA Inc
NYSE:SKX
Average EV/EBIT: 18.5
7.9
12%
0.7
US
Nike Inc
NYSE:NKE
19.4
-8%
N/A
US
Deckers Outdoor Corp
NYSE:DECK
13.5
15%
0.9
JP
Asics Corp
TSE:7936
22.5
N/A N/A
CH
On Holding AG
NYSE:ONON
58.6
46%
1.3
CN
Huali Industrial Group Co Ltd
SZSE:300979
14.7
18%
0.8
UK
Birkenstock Holding PLC
NYSE:BIRK
18.5
21%
0.9
US
Crocs Inc
NASDAQ:CROX
6.4
1%
6.4
TW
Feng Tay Enterprises Co Ltd
TWSE:9910
17
18%
0.9
DE
Puma SE
XETRA:PUM
7.3
10%
0.7
PL
C
CCC SA
WSE:CCC
17.9
120%
0.1

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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