Valuation adidas AG

Stocks

Market Closed - Xetra Other stock markets 11:39:25 2026-06-19 EDT			5-day change	1st Jan Change
174.90 ^EUR	-1.71%		-0.82%	+3.46%

06-18	Brawl Stars and Adidas Launch Multi-Phase Partnership Across Digital, Apparel, and In-Person Fan Experience	CI
06-16	HSBC Upgrade Propels Puma Shares as Adidas Falters	DP

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	48,512	24,627	32,882	42,280	30,184	30,670	-	-
Change	-	-49.23%	33.52%	28.58%	-28.61%	1.61%	-	-
Enterprise Value (EV) ¹	47,179	27,302	34,430	45,412	34,121	34,574	34,513	34,322
Change	-	-42.13%	26.11%	31.9%	-24.86%	1.33%	-0.18%	-0.55%
P/E	23.2x	38.2x	-438x	55.3x	22.5x	18.7x	15.1x	12.7x
PBR	6.54x	4.56x	7.18x	7.72x	5.23x	4.67x	4.06x	3.73x
PEG	-	-0.6x	4x	-0x	0.3x	0.8x	0.6x	0.7x
Capitalization / Revenue	2.28x	1.09x	1.53x	1.79x	1.22x	1.16x	1.09x	1.01x
EV / Revenue	2.22x	1.21x	1.61x	1.92x	1.38x	1.31x	1.23x	1.13x
EV / EBITDA	15x	13.4x	23.3x	17.8x	10.6x	10x	8.97x	7.99x
EV / EBIT	23.8x	40.8x	128x	34x	16.6x	14x	11.9x	10.4x
EV / FCF	18.7x	-22.1x	16.2x	19.2x	87.9x	15.3x	13.9x	12.4x
FCF Yield	5.35%	-4.53%	6.17%	5.22%	1.14%	6.51%	7.18%	8.05%
Dividend per Share ²	3.3	0.7	0.7	2	2.8	3.828	4.636	5.186
Rate of return	1.3%	0.55%	0.38%	0.84%	1.66%	2.19%	2.65%	2.97%
EPS ²	10.9	3.34	-0.42	4.28	7.51	9.365	11.57	13.81
Distribution rate	30.3%	21%	-167%	46.7%	37.3%	40.9%	40.1%	37.6%
Net sales ¹	21,234	22,511	21,427	23,683	24,811	26,486	28,073	30,410
EBITDA ¹	3,135	2,044	1,480	2,545	3,210	3,456	3,847	4,296
EBIT ¹	1,986	669	268	1,337	2,056	2,471	2,902	3,290
Net income ¹	2,116	612	-75	764	1,340	1,635	1,979	2,299
Net Debt ¹	-1,333	2,675	1,548	3,132	3,937	3,904	3,843	3,652
Reference price ²	253.20	127.46	184.16	236.80	169.05	174.90	174.90	174.90
Nbr of stocks (in thousands)	191,595	193,215	178,549	178,549	178,549	175,359	-	-
Announcement Date	3/9/22	3/8/23	1/31/24	3/4/25	3/3/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ADIDAS AG	18.68x	1.31x	9.63x	2.19%	35.18B
NIKE, INC.	30.13x	1.5x	19.87x	3.59%	66.94B
ASICS CORPORATION	25.36x	3.04x	14.32x	0.87%	19.18B
ON HOLDING AG	25.93x	2.56x	12.96x	-.--%	12.87B
FENG TAY ENTERPRISES CO., LTD.	14.23x	0.87x	6.67x	5.69%	2.26B
XTEP INTERNATIONAL HOLDINGS LIMITED	7.65x	0.36x	2.44x	6.68%	1.4B
361 DEGREES INTERNATIONAL LIMITED	5.29x	0.22x	1.29x	8.35%	1.2B
VULCABRAS S.A.	7.38x	1.3x	5.93x	8.3%	879M
HWASEUNG ENTERPRISE CO., LTD.	14.6x	0.36x	5.42x	1.51%	131M
Average	16.58x	1.28x	8.73x	4.13%	15.56B
Weighted average by Cap.	25.36x	1.73x	15.25x	2.67%