Choicestock, a US stock analysis service utilizing big data and algorithms, presented the fair value of Nike (NKE) at $116 on the 24th. The closing price that day was $101.92, trading undervalued compared to the fair value.
Despite prolonged offline store closures due to the impact of COVID-19, Nike has shown relatively solid performance as direct-to-consumer sales have significantly increased.
Choicestock calculated Nike's investment attractiveness score at 82 points, ranking 234th out of 5,190 US-listed companies, placing it in the top 4%.
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[Chart] Nike Investment Attractiveness Score and Fair Value
Based on the closing price that day, the price-to-earnings ratio (PER) was 36.7 times, and the return on equity (ROE) was 47.1%.
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Choicestock is a US stock analysis specialized service that discovers stocks based on big data and algorithms, providing directly analyzed investment points, fair values, and trading strategies, gaining great popularity among US stock investors.
Choicestock’s main US stock services include ▲stock recommendations ▲recommended portfolios ▲investment attractiveness scores and fair values for all stocks ▲investment attractiveness rankings for all stocks ▲lists of dividend stocks, growth stocks, and other stock genealogies ▲10-year financial charts and investment indicators ▲dividend information.
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![[US Stock Analysis] Nike, Overcoming COVID-19, Showing Earnings Recovery... Fair Value $116](https://cphoto.asiae.co.kr/listimglink/1/2020062415551223894_1592981713.png)

