Macy's (M) fundamentals: P/E, valuation, undervalued?
Macy's · Consumer Discretionary · ref. ETF XLY · price $22.51
In short — Macy's trades at 9.4× earnings (P/E), 9.5× forward, with a net margin of 2.9 % and revenue growth of +2 %. Read: Cheap for the growth (P/E 10 for ~77% growth (PEG 0.1)).
Is Macy's stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$22.51+68.5% over range
Aug 28, 25low $13.23 · high $26.21Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
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Hold
0% recommend buying · 6 analysts
Valuation : Cheap for the growth — P/E 10 for ~77% growth (PEG 0.1)
Valuation
9.4
P/E (price/earnings)
9.5
Forward P/E
0.12
PEG
1.2
Price/book (P/B)
$5.9B
Market cap
2.39
EPS
Profitability & growth
2.9 %
Net margin
+2 %
Revenue growth
+77 %
Earnings growth
$5.1B
Total debt
Macy's income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2023 | $24.4B | $1.2B | 4.8 % |
| 2024 | $23.1B | $105M | 0.5 % |
| 2025 | $22.3B | $582M | 2.6 % |
| 2026 | $21.8B | $642M | 2.9 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Macy's's P/E and is the stock undervalued? What's a good P/E?
Macy's's P/E is 9.4 (forward 9.5). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is Macy's profitable?
Macy's has a net margin of 2.9 % (EPS 2.39). The company is profitable.
Is M stock expensive?
Our read: "Cheap for the growth" — P/E 10 for ~77% growth (PEG 0.1). Cross-check with growth and sector.
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