5 models fit Columbia Sportswear Company Common Stock and they disagree: 1 of 5 land within 15% of the average.
Two or more of our models back this value.
Near fair value(i)Silver71
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionColumbia Sportswear Company Common Stock (COLM)
Fair value (5 models)
$69.83
ACCE price target
$62.00
Rating
Fairly valued
Horizon
12 months
Fair value published on 15 Oct 2026, 00:00 CEST; previously $73.41 since 10 Oct 2026, 00:00 CEST.
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Price used: $61.35 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, Dividend discount, EV/EBITDA comparison, Graham number, and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
12.1% below
+13.8% to fair value
ACCE score
56
out of 100
Analysts
38% buy
8 covering
P/E
15.5x
forward 12.7x
1-year return
+12.4%
Dividend yield
2.02%
Columbia Sportswear Company Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Columbia Sportswear designs and sells outdoor and active apparel and footwear under its namesake brand plus Sorel, Mountain Hardwear and prAna, selling through wholesale accounts, its own stores and e-commerce. The investment case rests on a 52.2% gross margin, well above what most apparel makers earn, which points to pricing power and a brand customers still pay up for. The shares trade at 14.9 times trailing earnings and 12.7 times forward, a discount to a business with that margin profile, but revenue growth of only 1.5% and a 5.0% operating margin show that the gross margin is not reaching the bottom line. A deeper look should focus on whether opex discipline or a reacceleration in top-line growth can close that gap, since neither is visible in the numbers yet. Score of 54/100 and no index membership suggest the market has not yet rewarded any turnaround, so the work is to find the catalyst that would.
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
moderate
Earnings declining despite revenue
Revenue grew 1.5% year on year, but earnings fell 13.3%, and quarter on quarter the figure dropped 21.1%. Operating margin of 5.0% is thin for a company with a 52.2% gross margin.
moderate
Heavy short interest
Short interest stands at 17.5% of the float. Combined with 13.3% earnings decline, this signals meaningful bearish positioning among sophisticated investors.
AI research notes
AI-assisted·How I use AIWritten Oct 19, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Free cash flow over the last 12 months reached $217M, and the stock yields 7.0% on that cash generation.
The share count fell 6.4% last fiscal year, so each remaining share now claims a bigger slice of the business.
The forward P/E of 12.7x sits below the sector median of 17.6x, and the consensus model fair value of $69.83 implies upside.
Why it could disappoint
Revenue grew just 1.5% year over year, far below its 6.3% average annual pace over five years.
Return on invested capital of 6.6% and net margin of 6.0% show thin returns on the money the business uses.
Analysts are cautious, with only 3 of 8 rating the stock Buy or Strong Buy, and the stock already trades 1.0% below the ACCE price target of $62.00.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Oct 29, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
Walk me through this stock
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Valuation
INVESTOR
Where COLM's valuation models land
Price
$61.35
Model fair value
$69.83
Model range
$49.32 to $92.98
Fair value $69.83
Price $61.35
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
Dividend discount
EV/EBITDA comparison
Graham number
P/E comparison
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Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
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+Conviction breakdown and growth / value / quality / momentum scores