EYE Valuation

National Vision Holdings Inc

Add to Watchlist

Advanced Chart

22.940

-0.46(-1.966%)1D

Overview
Forecast
Valuation
Earnings

EYE Relative Valuation

EYE's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, EYE is overvalued; if below, it's undervalued.

Historical Valuation

National Vision Holdings Inc (EYE) is now in the Fair zone, suggesting that its current forward PE ratio of 29.16 is considered Fairly compared with the five-year average of 37.68. The fair price of National Vision Holdings Inc (EYE) is between 20.61 to 34.96 according to relative valuation methord.

Relative Value

Fair Zone

20.61-34.96

Current Price：22.94

Fair

29.16

Trailing

Forward

12.64

EV/EBITDA

National Vision Holdings Inc. (EYE) has a current EV/EBITDA of 12.64. The 5-year average EV/EBITDA is 15.55. The thresholds are as follows: Strongly Undervalued below 8.17, Undervalued between 8.17 and 11.86, Fairly Valued between 19.23 and 11.86, Overvalued between 19.23 and 22.92, and Strongly Overvalued above 22.92. The current Forward EV/EBITDA of 12.64 falls within the Historic Trend Line -Fairly Valued range.

24.59

EV/EBIT

National Vision Holdings Inc. (EYE) has a current EV/EBIT of 24.59. The 5-year average EV/EBIT is 33.22. The thresholds are as follows: Strongly Undervalued below 16.50, Undervalued between 16.50 and 24.86, Fairly Valued between 41.57 and 24.86, Overvalued between 41.57 and 49.93, and Strongly Overvalued above 49.93. The current Forward EV/EBIT of 24.59 falls within the Undervalued range.

0.91

National Vision Holdings Inc. (EYE) has a current PS of 0.91. The 5-year average PS is 1.19. The thresholds are as follows: Strongly Undervalued below 0.05, Undervalued between 0.05 and 0.62, Fairly Valued between 1.76 and 0.62, Overvalued between 1.76 and 2.33, and Strongly Overvalued above 2.33. The current Forward PS of 0.91 falls within the Historic Trend Line -Fairly Valued range.

12.41

P/OCF

National Vision Holdings Inc. (EYE) has a current P/OCF of 12.41. The 5-year average P/OCF is 11.90. The thresholds are as follows: Strongly Undervalued below -1.19, Undervalued between -1.19 and 5.35, Fairly Valued between 18.45 and 5.35, Overvalued between 18.45 and 24.99, and Strongly Overvalued above 24.99. The current Forward P/OCF of 12.41 falls within the Historic Trend Line -Fairly Valued range.

30.07

P/FCF

National Vision Holdings Inc. (EYE) has a current P/FCF of 30.07. The 5-year average P/FCF is 1.13. The thresholds are as follows: Strongly Undervalued below -248.37, Undervalued between -248.37 and -123.62, Fairly Valued between 125.88 and -123.62, Overvalued between 125.88 and 250.62, and Strongly Overvalued above 250.62. The current Forward P/FCF of 30.07 falls within the Historic Trend Line -Fairly Valued range.

National Vision Holdings Inc (EYE) has a current Price-to-Book (P/B) ratio of 2.14. Compared to its 3-year average P/B ratio of 1.86 , the current P/B ratio is approximately 14.62% higher. Relative to its 5-year average P/B ratio of 2.71, the current P/B ratio is about -21.19% higher. National Vision Holdings Inc (EYE) has a Forward Free Cash Flow (FCF) yield of approximately 3.12%. Compared to its 3-year average FCF yield of 2.47%, the current FCF yield is approximately 26.22% lower. Relative to its 5-year average FCF yield of 3.11% , the current FCF yield is about 0.36% lower.

2.14

P/B

Median3y

1.86

Median5y

2.71

3.12

FCF Yield

Median3y

2.47

Median5y

3.11

Competitors Valuation Multiple

The average P/S ratio for EYE's competitors is 0.88, providing a benchmark for relative valuation. National Vision Holdings Inc Corp (EYE) exhibits a P/S ratio of 0.91, which is 2.67% above the industry average. Given its robust revenue growth of 7.68%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

EYE.O

National Vision Holdings Inc

Camping World Holdings Inc

Savers Value Village Inc

Sally Beauty Holdings Inc

Performance Decomposition

Market capitalization of EYE increased by 110.27% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -10.84 to -117.17.

The secondary factor is the Revenue Growth, contributed 7.68%to the performance.

Overall, the performance of EYE in the past 1 year is driven by P/E Change. Which is more unsustainable.

7.68%

451.73M → 486.42M

Revenue Growth

-878.26%

-0.23 → 1.79

Margin Expansion

980.85%

-10.84 → -117.17

P/E Change

110.27%