Dicks Sporting Goods Inc (DKS) is slightly undervalued and Five Below Inc (FIVE) is slightly undervalued.
Against our estimates of intrinsic value, DKS trades at the wider discount: a margin of safety of +19%, against +11% for FIVE.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $164.60; the price of $133.94 is 19% below that value, and 79% of that value comes from beyond year five.
Leak Score 35/100 on 3 of 12 signals
Discounting its cash flows at 9.1% (average of 3 methods) values the shares at $260.16; the price of $232.28 is 11% below that value, and 77% of that value comes from beyond year five.
Leak Score 81/100 on 3 of 12 signals
| Metric | DKS | FIVE |
|---|---|---|
| Verdict | Slightly undervalued | Slightly undervalued |
| Price | $133.94 | $232.28 |
| Intrinsic value | $164.60 | $260.16 |
| Margin of safety | +19% | +11% |
| Leak Score | 35/100 (3/12) | 81/100 (3/12) |
| Market cap | $11.9B | $12.8B |
| Revenue growth, 5 years | 12.4% | 19.4% |
| Operating margin | 6.4% | 14.8% |
| Net margin | 4.0% | 11.7% |
| Return on equity | 18.5% | 28.2% |
| Debt to equity | 1.39 | 0.82 |
| P/E | 14.4x | 20.8x |
| Forward P/E | 10.1x | 21.0x |
| P/B | 2.1x | 5.2x |
| Dividend yield | 3.7% | — |