EYENational Vision Holdings, Inc.

$16.66-38% 1Y

Is the price fair?

Fair

The yardsticks disagree: cheap against its own 5-year P/E range (0th percentile) but the cash-flow math implies demanding growth. Treat as fair, not cheap.

1 good, 1 to watch, 1 neutral
What the price assumes~+11% a year

Priced for ~11% a year FCF growth. Roughly in line with its three-year revenue growth of 11% a year.

Vs its own P/E rangecheapest in 24 quartersderived

Cheap vs its own history: P/E 27.3 vs a 55.1 median over 24 quarters (−50% vs median).

Vs sector (EV/EBIT)19.8×

Sector median 16.2× across 156 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Jul 4, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)middle of the market
FCF yieldmiddle of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What EYE's price assumes

National Vision Holdings, Inc. trades at 27.3× earnings against 19.6× for the median Specialty Retail name, more expensive than its own group.

27.3

Trailing P/E · Specialty Retail median 19.6 · 1.40× the median: the market pays up for this one

Price / sales
0.71

Price / sales · today's price, trailing year to Jul 4, 2026

Free cash flow yield
3.4%

Free cash flow yield · Specialty Retail median 5.8%

Growth the price implies
+11%

Growth the price implies · The price pays for +11% free cash flow growth a year for a decade; the business has delivered +16% a year over the last three.

Details›
Price / booktoday's price, trailing year to Jul 4, 2026
1.61
EV / EBITtoday's price, trailing year to Jul 4, 2026
19.8
EV / salestoday's price, trailing year to Jul 4, 2026
0.81
Consumer Cyclical median P/E321 names
17.8
Specialty Retail median P/E25 names
19.6
Free cash flow, trailing twelve months
$49M
Market capitalisation
$1.45B
3-year revenue growth
+11%
3-year free cash flow growth
+16%
EYE has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 27.3× today against a 55.1× median
52-week range$15.44 – $29.46
Today$16.66

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.