The Discounted Cash Flow (DCF) valuation of Foot Locker Inc (FL) is 94.24 USD. With the latest stock price at 23.90 USD, the upside of Foot Locker Inc based on DCF is 294.3%.

Is FL a buy or a sell?

Based on the latest price of 23.90 USD and our DCF valuation, Foot Locker Inc (FL) is a buy. Buying FL stocks now will result in a potential gain of 294.3%.

	Range	Selected
WACC / Discount Rate	5.8% - 8.0%	6.9%
Long-term Growth Rate	2.0% - 4.0%	3.0%
Fair Price	62.27 - 201.48	94.24
Upside	160.5% - 743.0%	294.3%

23.90 USD

Stock Price

94.24 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

FL DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	02-2025	02-2026	02-2027	02-2028	02-2029	02-2030

Revenue	7,988	8,560	8,862	8,727	8,977	9,408
% Growth	2%	7%	4%	-2%	3%	5%

Cost of goods sold	(5,666)	(5,951)	(6,037)	(5,826)	(5,873)	(6,032)
% of Revenue	71%	70%	68%	67%	65%	64%

Selling, G&A expenses	(1,920)	(2,058)	(2,130)	(2,098)	(2,158)	(2,261)
% of Revenue	24%	24%	24%	24%	24%	24%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(351)	(376)	(389)	(383)	(394)	(413)
% of Revenue	4%	4%	4%	4%	4%	4%

Tax expense	(33)	(60)	(105)	(144)	(189)	(241)
Tax rate	65%	34%	34%	34%	34%	34%

Net profit	18	116	201	276	362	460
% Margin	0%	1%	2%	3%	4%	5%