NIKE, Inc. (NKE) vs Wolverine World Wide, Inc. (WWW)

NIKE, Inc. and Wolverine World Wide, Inc. are both Footwear & Accessories companies. NIKE, Inc. is the larger, with a market value of $53.6B against $1.6B — 33.9× the size. Wolverine World Wide, Inc. trades at the lower P/E: 14.8× against 17.0×. Wolverine World Wide, Inc. grew revenue faster over the last twelve months: 7.16% against 0.19%. NIKE, Inc. has the higher net margin (6.70% vs 5.55%) and the higher return on invested capital (17.2% vs 12.4%). Both pay a dividend; Wolverine World Wide, Inc. yields more (4.72% vs 1.37%). Across the 23 metrics below, Wolverine World Wide, Inc. leads on 17 and NIKE, Inc. on 6.

Valuation

Metric NKE WWW Footwear & Accessories median
P/E 17.02 14.78 15.26
P/S 1.14 0.80 1.16
P/B 3.56 3.34 2.59
Price to free cash flow 24.22 3.58 12.20
EV/EBITDA 11.28 10.14 8.91
EV/Sales 1.12 1.01 1.24
Earnings yield 5.87% 6.76% 6.11%
Free cash flow yield 4.13% 27.94% 4.85%

Profitability

Metric NKE WWW Footwear & Accessories median
Gross margin 42.91% 47.12% 49.76%
Operating margin 8.18% 8.69% 8.44%
Net margin 6.70% 5.55% 5.64%
Free cash flow margin 4.71% 8.97% 8.18%
Return on equity 22.14% 26.03% 12.45%
Return on assets 8.29% 6.15% 6.15%
Return on invested capital 17.22% 12.38% 9.58%

Growth

Metric NKE WWW Footwear & Accessories median
Revenue growth (TTM) 0.19% 7.16% 3.68%
EPS growth (last fiscal year) (2.78%) 96.55% —
Revenue growth, 5-year CAGR 0.82% 0.91% 7.17%
Net income growth, 5-year CAGR (11.51%) 0.00% 0.00%

Health

Metric NKE WWW Footwear & Accessories median
Debt to equity 0.53 1.17 0.46
Current ratio 1.96 1.55 1.96
Net debt to EBITDA (0.24) 1.93 1.00

Dividend

Metric NKE WWW Footwear & Accessories median
Dividend yield 1.37% 4.72% 2.20%
Payout ratio 0.42 0.21 0.00

Size

Metric NKE WWW Footwear & Accessories median
Market cap 53.63b 1.58b 614.40m

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