Finding Value in Foot Locker

Why does Foot Locker make it onto lists as a top value pick? Check out this quick overview.

Foot Locker may be undervalued at the moment, having fallen 44% in the last 12 months. Share prices took the biggest hit upon announcing that Nike would be cutting out the middle man and accelerating its direct-to-consumer strategy.

Yes, but: At under $30 USD per share, Foot Locker's market cap of $2.67B is a fraction of the sales it generates. It has a current P/E Ratio of 3.23 and dividend yield of 5.75%.

According to the balance sheet, net income declined slightly year-over-year (YOY) for Q4 2021, but sales improved by 6.9%. Apparel sales outpaced footwear sales for the quarter.

If you’re considering Foot Locker as a value play, add one of these defined outcomes to your portfolio: FL

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