Intrinsiqs

Is Macy's, Inc. overvalued?

Macy's, Inc. (M) looks undervalued — trading about 27% below its fair value.

Undervalued
Current price $22.64 Fair value $28.86
Price
$22.64
Fair value
$28.86
Current P/E
9.8
Normal P/E
12.5
Market cap
$5.96B
Dividend yield
3.4%
Return on equity
15.8%
Sector
Consumer Cyclical

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Fair value compares M's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.