With a one year PEG ratio of 4,533.74, National Vision Holdings Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 99.11% of US stocks.
EYE's went public 3.1 years ago, making it older than merely 10% of listed US stocks we're tracking.
With a price/earnings ratio of 676.57, National Vision Holdings Inc P/E ratio is greater than that of about 98.67% of stocks in our set with positive earnings.
If you're looking for stocks that are quantitatively similar to National Vision Holdings Inc, a group of peers worth examining would be KTOS, KWR, ANGI, EVI, and DAVA.
National Vision Holdings, Inc. operates as a retailer and manufacturer of eyeglasses and value retailer of contact lenses. The company operates through Owned and Host, and Legacy segments. It offers eyeglasses and contact lenses, as well as optometric services. The company was founded in 1990 and is based in Duluth, Georgia.
EYE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for EYE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that National Vision Holdings Inc ranked in the 92th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 2642% on a DCF basis. The most interesting components of our discounted cash flow analysis for National Vision Holdings Inc ended up being:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 78. Its equity weight surpasses that of 64.32% of free cash flow generating stocks in the Consumer Cyclical sector.
The company's compound free cash flow growth rate over the past 3.03 years comes in at 1.57%; that's greater than 94.29% of US stocks we're applying DCF forecasting to.
National Vision Holdings Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
RUSHA, GIII, TA, WGO, and FRGI can be thought of as valuation peers to EYE, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
National Vision Holdings, Inc. (EYE) Q2 2020 Earnings Conference Call August 06, 2020 10:00 AM ET Company Participants David Mann - Vice President of Investor Relations Reade Fahs - Chief Executive Officer Patrick Moore - Chief Financial Officer Conference Call Participants Simeon Gutman - Morgan Stanley Robby Ohmes - Bank...
National Vision Holdings, Inc. (NASDAQ: EYE) ("National Vision" or the "Company"), one of the nation’s largest optical retailers providing quality, affordable eye care and eyewear, today announced that it has entered into an amendment to its existing Management & Services Agreement (MSA) with Walmart Inc., effective July 17th, 2020, that extends the current term and economics of the MSA by three years to February 23rd, 2024. National Vision currently operates 231 Vision Centers inside select Walmart locations. As part of this amendment, the MSA will automatically renew for an additional three-year term unless either party provides notice within seven months of the end of the initial term.