M

Macy's, Inc.

Consumer Cyclical · $6.1B market cap

Verdict

Share price

$22.73

close of Oct 3, 2026

Fair value

$30.39

Sticker Price

Payback Price

$12.16

buy price

Undervalued

M is Undervalued: at $22.73 it trades 25% below its fair value of $30.39. Its buy price (Payback Price) is $12.16, 47% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Owner Earnings. Earnings grow slowly (under 7% a year), but cash flow is steady, so we value it on its cash flow instead of its earnings.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth0.4% a year✗
Equity per share growth0.7% a year✗
Sales growth-0.7% a year✗
Free cash flow growth-4.6% a year✗
Return on invested capital5.0%✗

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Superinvestors

1 of the investors we track holds M. In Q2 2026, 1 added. Who we track

Moves in Q2 2026

Added: Warren Buffett

Insider activity

Since Jun 23, 2026: no open-market purchases, 2 sales worth $667K and 2 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Macy's, Inc.

Macy's, Inc. is a prominent retail enterprise that employs an omnichannel strategy, serving customers through its extensive network of physical department stores, dedicated e-commerce websites, and convenient mobile applications. The company offers a broad assortment of merchandise, including apparel and accessories for men, women, and children, cosmetics, home furnishings, and other general consumer goods. As of…

Department Stores

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works