NKE
NIKE, Inc.
NKE has the edge over VIPS overall, supported by stronger valuation and stronger fundamentals.
VIPS
Vipshop Holdings Limited
VIPS's outlook is improving, though it still trails on the overall score.
NKE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Strong |
NKE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
VIPS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Strong |
VIPS's balance sheet is currently strong, and its revenue, profitability and cash flow are stable.
NKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $37.76 | — |
| Cheap | 23x | $47.70 | +26% |
| Forward | 30x | $37.76 | — |
| Fair | 33x | $68.16 | +80% |
| Expensive | 47x | $97.86 | +159% |
Historical ranges are pointers, not guarantees.
NKE's PE is in its cheap range at 18x. On analysts' estimates for next year's earnings, today's price would be 30x, in its fair range.
VIPS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 4.1x | $12.94 | — |
| Cheap | 6.8x | $21.18 | +64% |
| Fair | 9.1x | $28.63 | +121% |
| Expensive | 18x | $57.81 | +347% |
Historical ranges are pointers, not guarantees.
VIPS has the edge over NKE in the historical PE scenario, which offers more potential upside but is not a forecast.
NKE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Decline | |
| Improving | |
| Moderate | |
| Low |
Analysts expect NKE's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
VIPS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
VIPS has the edge over NKE on the outlook, with more favorable earnings and revenue expectations.
NKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -39% |
| Q3 2026 | $2.09 | +7.2% |
| Q2 2026 | $2.10 | -2.8% |
| Q1 2026 | $1.51 | -50% |
| Q4 2025 | $1.70 | -48% |
| Q3 2025 | $1.95 | -44% |
| Q2 2025 | $2.16 | -42% |
| Q1 2025 | $3.01 | -11% |
| Q4 2024 | $3.24 | -5.3% |
NKE's earnings per share have fallen from their peak: $2.09 over the past year, against $3.82 in late 2021.
VIPS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $3.13 | +57% |
| Q1 2026 | $2.24 | +7.7% |
| Q4 2025 | $2.13 | -0.9% |
| Q3 2025 | $2.06 | -8.4% |
| Q2 2025 | $1.99 | -13% |
| Q1 2025 | $2.08 | -10% |
| Q4 2024 | $2.15 | -0.9% |
| Q3 2024 | $2.25 | +18% |
VIPS has the edge over NKE on earnings, with more consistent year-over-year improvement.
NKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11.2B | -4.3% |
| Q2 2026 | $11B | -1.1% |
| Q1 2026 | $11.3B | +0.1% |
| Q4 2025 | $12.4B | +0.6% |
| Q3 2025 | $11.7B | +1.1% |
| Q2 2025 | $11.1B | -12% |
| Q1 2025 | $11.3B | -9.3% |
| Q4 2024 | $12.4B | -7.7% |
NKE has the edge over VIPS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.2% | +0.3 points |
| Q2 2026 | 12% | +9.2 points |
| Q1 2026 | 5.8% | -1.7 points |
| Q4 2025 | 8% | -3.4 points |
| Q3 2025 | 7.9% | -3.4 points |
| Q2 2025 | 2.9% | -11 points |
| Q1 2025 | 7.5% | -3.8 points |
| Q4 2024 | 11% | -2.9 points |
NKE has the edge over VIPS on profitability, with a higher operating margin.
VIPS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.7B | -3.9% |
| Q1 2026 | $4B | +0.6% |
| Q4 2025 | $4.9B | -2.3% |
| Q3 2025 | $3.2B | +3.4% |
| Q2 2025 | $3.9B | -4% |
| Q1 2025 | $3.9B | -5% |
| Q4 2024 | $5B | -4.2% |
| Q3 2024 | $3.1B | -9.2% |
VIPS's revenue fell from its 2020 peak and has held roughly level since: $3.7B last quarter, down 3.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 6.1% | -0.5 points |
| Q1 2026 | 8.8% | +0.1 points |
| Q4 2025 | 8.9% | +0.3 points |
| Q3 2025 | 5.9% | -0.5 points |
| Q2 2025 | 6.6% | -1.7 points |
| Q1 2025 | 8.7% | -1.3 points |
| Q4 2024 | 8.6% | -2 points |
| Q3 2024 | 6.4% | -0.3 points |
VIPS's operating margin was 6.1% last quarter, about level with the same quarter a year ago.
NKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$64M | -527% |
| Q2 2026 | $1.5B | +313% |
| Q1 2026 | $284M | -83% |
| Q4 2025 | $386M | -58% |
| Q3 2025 | $15M | -95% |
| Q2 2025 | $363M | -85% |
| Q1 2025 | $1.7B | -11% |
| Q4 2024 | $920M | -65% |
NKE has the edge over VIPS on cash flow, with more consistent year-over-year improvement.
VIPS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
VIPS's free cash flow has been positive every quarter since mid-2020: $0 over the past year, against $0 the year before.
NKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +3.2M shares |
| 1 year | +0.4% | +5.2M shares |
| 3 years | -3.8% | -59.1M shares |
| 5 years | -8.4% | -135M shares |
| Available history | -6.9% | -110M shares |
NKE has 1.5B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $20M |
| Q3 2025 | $126M |
| Q2 2025 | $199M |
| Q1 2025 | $506M |
| Q4 2024 | $1.1B |
NKE has spent almost nothing on buybacks in the past year.
VIPS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -4.6M shares |
| 1 year | -4.6% | -23.7M shares |
| 3 years | -13% | -71M shares |
| 5 years | -30% | -213M shares |
| Available history | -28% | -187M shares |
VIPS has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
VIPS hasn't bought back shares in the past year.
NKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 0.2x | Very low |
| Q3 2024 | 0.1x | Very low |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.0x | Very low |
| Q4 2023 | 0.1x | Very low |
NKE's net debt is less than a year of its operating earnings (EBITDA).
VIPS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.1x | Net Cash |
| Q1 2026 | -2.0x | Net Cash |
| Q4 2025 | -1.7x | Net Cash |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.7x | Net Cash |
| Q1 2025 | -2.2x | Net Cash |
| Q4 2024 | -2.1x | Net Cash |
| Q3 2024 | -1.3x | Net Cash |
VIPS has the edge over NKE on leverage, with a lower net debt burden relative to earnings.
NKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 57.5 | Neutral |
NKE's weekly RSI is 40 (neutral) and its Stochastic is 58 (neutral).
VIPS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.1 | Neutral |
| Stochastic | 32.5 | Neutral |
VIPS's weekly RSI is 44 (neutral) and its Stochastic is 33 (neutral).
NKE PE vs Consumer Cyclical Sector
| Metric | NKE | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 0.3% above |
| PE % | 2 | 47 | 45 pts below |
NKE is trading at 18x earnings, in line with the Consumer Cyclical sector's median of 18x.
VIPS PE vs Consumer Cyclical Sector
| Metric | VIPS | Sector median | Relative |
|---|---|---|---|
| PE | 4.1x | 18x | 77% below |
| PE % | 1 | 47 | 46 pts below |
VIPS has the edge over NKE on valuation relative to its sector.
NKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.7 | 2.8% above |
| 20 week MA | $39.2 | 3.6% below |
| 50 week MA | $48.0 | 21% below |
| 100 week MA | $58.4 | 35% below |
| 200 week MA | $79.2 | 52% below |
NKE has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 52% below its 200-week average.
VIPS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.8 | 0.8% above |
| 20 week MA | $13.5 | 4.1% below |
| 50 week MA | $15.1 | 14% below |
| 100 week MA | $15.5 | 16% below |
| 200 week MA | $15.4 | 16% below |
VIPS has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 16% below its 200-week average.
NKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.6 | $141.6 | +39% |
| 2021 | $141.6 | $165.7 | +17% |
| 2022 | $165.7 | $116.3 | -30% |
| 2023 | $116.3 | $108.6 | -6.6% |
| 2024 | $108.6 | $76.4 | -30% |
| 2025 | $76.4 | $60.9 | -20% |
| 2026 YTD | $60.9 | $37.8 | -38% |
NKE has finished four years in a row lower, and it's down 38% so far in 2026.
VIPS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.5 | $26.3 | +81% |
| 2021 | $26.3 | $8.46 | -68% |
| 2022 | $8.46 | $13.5 | +59% |
| 2023 | $13.5 | $17.8 | +32% |
| 2024 | $17.8 | $13.3 | -25% |
| 2025 | $13.3 | $19.5 | +46% |
| 2026 YTD | $19.5 | $12.9 | -34% |
VIPS has the edge over NKE on returns for 2026, with the stronger performance.