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Relatively High Enterprise Value to Sales Ratio Detected in Shares of Nike Inc -Cl B in the Footwear Industry (NKE, DECK, CROX, SHOO, SKX)

By Nick Russo

Below are the three companies in the Footwear industry with the highest Enterprise Value (EV) to Sales ratios. EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is believed to be.

Nike Inc -Cl B ranks highest with a EV/Sales of 3.77. Following is Deckers Outdoor with a EV/Sales of 2.67. Crocs Inc ranks third highest with a EV/Sales of 1.33.

Steven Madden follows with a EV/Sales of 0.97, and Skechers Usa-A rounds out the top five with a EV/Sales of 0.92.

SmarTrend recommended that its subscribers protect gains by selling shares of Skechers Usa-A on February 24th, 2020 by issuing a Downtrend alert when the shares were trading at $34.78. Since that call, shares of Skechers Usa-A have fallen 10.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest enterprise value to sales ratio nike inc -cl b deckers outdoor crocs inc steven madden skechers usa-a