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NATIONAL VISION HOLDINGS INC (EYE) Stock Fundamental Analysis

USA - NASDAQ:EYE - US63845R1077 - Common Stock

25.47 USD
-0.14 (-0.55%)
Last: 10/24/2025, 8:21:46 PM
25.47 USD
0 (0%)
After Hours: 10/24/2025, 8:21:46 PM
Fundamental Rating

3

EYE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 119 industry peers in the Specialty Retail industry. EYE has a medium profitability rating, but doesn't score so well on its financial health evaluation. EYE is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year EYE was profitable.
EYE had a positive operating cash flow in the past year.
In multiple years EYE reported negative net income over the last 5 years.
In the past 5 years EYE always reported a positive cash flow from operatings.
EYE Yearly Net Income VS EBIT VS OCF VS FCFEYE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M

1.2 Ratios

The Return On Assets of EYE (-0.72%) is comparable to the rest of the industry.
With a Return On Equity value of -1.66%, EYE perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
EYE has a Return On Invested Capital (2.65%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for EYE is significantly below the industry average of 11.94%.
The last Return On Invested Capital (2.65%) for EYE is above the 3 year average (1.97%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -0.72%
ROE -1.66%
ROIC 2.65%
ROA(3y)-0.87%
ROA(5y)0.91%
ROE(3y)-2.25%
ROE(5y)2.22%
ROIC(3y)1.97%
ROIC(5y)3.59%
EYE Yearly ROA, ROE, ROICEYE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

With a Operating Margin value of 2.76%, EYE perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
EYE's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 58.61%, EYE belongs to the top of the industry, outperforming 87.39% of the companies in the same industry.
In the last couple of years the Gross Margin of EYE has grown nicely.
Industry RankSector Rank
OM 2.76%
PM (TTM) N/A
GM 58.61%
OM growth 3Y-36.53%
OM growth 5Y-14.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.94%
GM growth 5Y1.77%
EYE Yearly Profit, Operating, Gross MarginsEYE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

3

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EYE is destroying value.
EYE has more shares outstanding than it did 1 year ago.
EYE has less shares outstanding than it did 5 years ago.
The debt/assets ratio for EYE has been reduced compared to a year ago.
EYE Yearly Shares OutstandingEYE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
EYE Yearly Total Debt VS Total AssetsEYE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

EYE has an Altman-Z score of 2.19. This is not the best score and indicates that EYE is in the grey zone with still only limited risk for bankruptcy at the moment.
EYE's Altman-Z score of 2.19 is in line compared to the rest of the industry. EYE outperforms 49.58% of its industry peers.
The Debt to FCF ratio of EYE is 4.80, which is a neutral value as it means it would take EYE, 4.80 years of fcf income to pay off all of its debts.
EYE has a better Debt to FCF ratio (4.80) than 63.87% of its industry peers.
EYE has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
EYE has a Debt to Equity ratio of 0.30. This is comparable to the rest of the industry: EYE outperforms 59.66% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.3
Debt/FCF 4.8
Altman-Z 2.19
ROIC/WACC0.29
WACC9.03%
EYE Yearly LT Debt VS Equity VS FCFEYE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

A Current Ratio of 0.52 indicates that EYE may have some problems paying its short term obligations.
EYE has a Current ratio of 0.52. This is amonst the worse of the industry: EYE underperforms 92.44% of its industry peers.
EYE has a Quick Ratio of 0.52. This is a bad value and indicates that EYE is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.31, EYE is doing worse than 74.79% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.52
Quick Ratio 0.31
EYE Yearly Current Assets VS Current LiabilitesEYE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

4

3. Growth

3.1 Past

The Earnings Per Share has been growing slightly by 0.00% over the past year.
The Earnings Per Share has been decreasing by -7.68% on average over the past years.
EYE shows a decrease in Revenue. In the last year, the revenue decreased by -4.45%.
The Revenue has been growing slightly by 1.12% on average over the past years.
EPS 1Y (TTM)0%
EPS 3Y-27.94%
EPS 5Y-7.68%
EPS Q2Q%20%
Revenue 1Y (TTM)-4.45%
Revenue growth 3Y-4.29%
Revenue growth 5Y1.12%
Sales Q2Q%7.68%

3.2 Future

Based on estimates for the next years, EYE will show a very strong growth in Earnings Per Share. The EPS will grow by 21.75% on average per year.
The Revenue is expected to grow by 5.71% on average over the next years.
EPS Next Y26.89%
EPS Next 2Y23.3%
EPS Next 3Y21.75%
EPS Next 5YN/A
Revenue Next Year6.74%
Revenue Next 2Y5.07%
Revenue Next 3Y5.71%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
EYE Yearly Revenue VS EstimatesEYE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B
EYE Yearly EPS VS EstimatesEYE Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1

3

4. Valuation

4.1 Price/Earnings Ratio

EYE is valuated quite expensively with a Price/Earnings ratio of 42.45.
Compared to the rest of the industry, the Price/Earnings ratio of EYE is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.91, EYE is valued quite expensively.
EYE is valuated quite expensively with a Price/Forward Earnings ratio of 30.46.
EYE's Price/Forward Earnings ratio is in line with the industry average.
EYE's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.92.
Industry RankSector Rank
PE 42.45
Fwd PE 30.46
EYE Price Earnings VS Forward Price EarningsEYE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EYE is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, EYE is valued a bit cheaper than the industry average as 60.50% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 35.55
EV/EBITDA 16.01
EYE Per share dataEYE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as EYE's earnings are expected to grow with 21.75% in the coming years.
PEG (NY)1.58
PEG (5Y)N/A
EPS Next 2Y23.3%
EPS Next 3Y21.75%

0

5. Dividend

5.1 Amount

No dividends for EYE!.
Industry RankSector Rank
Dividend Yield N/A

NATIONAL VISION HOLDINGS INC

NASDAQ:EYE (10/24/2025, 8:21:46 PM)

After market: 25.47 0 (0%)

25.47

-0.14 (-0.55%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)08-06 2025-08-06/bmo
Earnings (Next)11-05 2025-11-05/bmo
Inst Owners108.99%
Inst Owner Change-0.03%
Ins Owners1.95%
Ins Owner Change5.42%
Market Cap2.02B
Revenue(TTM)1.89B
Net Income(TTM)-14148000
Analysts81.33
Price Target29.43 (15.55%)
Short Float %11.8%
Short Ratio4.63
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.89%
Min EPS beat(2)9.52%
Max EPS beat(2)30.26%
EPS beat(4)4
Avg EPS beat(4)34.01%
Min EPS beat(4)9.52%
Max EPS beat(4)83.55%
EPS beat(8)8
Avg EPS beat(8)45.05%
EPS beat(12)11
Avg EPS beat(12)16.75%
EPS beat(16)15
Avg EPS beat(16)81.36%
Revenue beat(2)2
Avg Revenue beat(2)1.45%
Min Revenue beat(2)0.41%
Max Revenue beat(2)2.49%
Revenue beat(4)2
Avg Revenue beat(4)0.4%
Min Revenue beat(4)-0.98%
Max Revenue beat(4)2.49%
Revenue beat(8)4
Avg Revenue beat(8)-0.24%
Revenue beat(12)5
Avg Revenue beat(12)-0.43%
Revenue beat(16)8
Avg Revenue beat(16)-0.24%
PT rev (1m)0%
PT rev (3m)25.43%
EPS NQ rev (1m)0.7%
EPS NQ rev (3m)10.32%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)7.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.23%
Valuation
Industry RankSector Rank
PE 42.45
Fwd PE 30.46
P/S 1.07
P/FCF 35.55
P/OCF 13.94
P/B 2.37
P/tB N/A
EV/EBITDA 16.01
EPS(TTM)0.6
EY2.36%
EPS(NY)0.84
Fwd EY3.28%
FCF(TTM)0.72
FCFY2.81%
OCF(TTM)1.83
OCFY7.17%
SpS23.81
BVpS10.74
TBVpS-1.21
PEG (NY)1.58
PEG (5Y)N/A
Graham Number12.04
Profitability
Industry RankSector Rank
ROA -0.72%
ROE -1.66%
ROCE 3.36%
ROIC 2.65%
ROICexc 2.74%
ROICexgc 7.41%
OM 2.76%
PM (TTM) N/A
GM 58.61%
FCFM 3.01%
ROA(3y)-0.87%
ROA(5y)0.91%
ROE(3y)-2.25%
ROE(5y)2.22%
ROIC(3y)1.97%
ROIC(5y)3.59%
ROICexc(3y)2.16%
ROICexc(5y)4.2%
ROICexgc(3y)5.73%
ROICexgc(5y)11.7%
ROCE(3y)2.5%
ROCE(5y)4.55%
ROICexgc growth 3Y-36.81%
ROICexgc growth 5Y-9.61%
ROICexc growth 3Y-36.88%
ROICexc growth 5Y-10.66%
OM growth 3Y-36.53%
OM growth 5Y-14.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.94%
GM growth 5Y1.77%
F-Score6
Asset Turnover0.96
Health
Industry RankSector Rank
Debt/Equity 0.3
Debt/FCF 4.8
Debt/EBITDA 1.82
Cap/Depr 99.27%
Cap/Sales 4.66%
Interest Coverage 2.69
Cash Conversion 102.87%
Profit Quality N/A
Current Ratio 0.52
Quick Ratio 0.31
Altman-Z 2.19
F-Score6
WACC9.03%
ROIC/WACC0.29
Cap/Depr(3y)109.9%
Cap/Depr(5y)102.38%
Cap/Sales(3y)5.81%
Cap/Sales(5y)5.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y-27.94%
EPS 5Y-7.68%
EPS Q2Q%20%
EPS Next Y26.89%
EPS Next 2Y23.3%
EPS Next 3Y21.75%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.45%
Revenue growth 3Y-4.29%
Revenue growth 5Y1.12%
Sales Q2Q%7.68%
Revenue Next Year6.74%
Revenue Next 2Y5.07%
Revenue Next 3Y5.71%
Revenue Next 5YN/A
EBIT growth 1Y58.39%
EBIT growth 3Y-39.25%
EBIT growth 5Y-13.48%
EBIT Next Year203.78%
EBIT Next 3Y52.22%
EBIT Next 5YN/A
FCF growth 1Y80.13%
FCF growth 3Y-38.43%
FCF growth 5Y-9.78%
OCF growth 1Y0.91%
OCF growth 3Y-19.78%
OCF growth 5Y-4.14%

NATIONAL VISION HOLDINGS INC / EYE FAQ

What is the fundamental rating for EYE stock?

ChartMill assigns a fundamental rating of 3 / 10 to EYE.


What is the valuation status of NATIONAL VISION HOLDINGS INC (EYE) stock?

ChartMill assigns a valuation rating of 3 / 10 to NATIONAL VISION HOLDINGS INC (EYE). This can be considered as Overvalued.


What is the profitability of EYE stock?

NATIONAL VISION HOLDINGS INC (EYE) has a profitability rating of 4 / 10.


Can you provide the financial health for EYE stock?

The financial health rating of NATIONAL VISION HOLDINGS INC (EYE) is 3 / 10.


Is the dividend of NATIONAL VISION HOLDINGS INC sustainable?

The dividend rating of NATIONAL VISION HOLDINGS INC (EYE) is 0 / 10 and the dividend payout ratio is 0%.