Valuation adidas AG

Equities

Market Closed - Xetra Other stock markets 11:39:47 2026-01-20 EST			5-day change	1st Jan Change
153.00 ^EUR	+0.96%		-5.99%	-9.49%

01-16	ADIDAS : UBS reiterates its Buy rating	ZD
01-15	Frankfurt Stocks Close: Small DAX Gains as Chip Equipment Suppliers in Demand	DP

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	58,100	48,512	24,627	32,882	42,280	27,318	27,318	-
Change	-	-16.5%	-49.23%	33.52%	28.58%	-35.39%	0%	-
Enterprise Value (EV) ¹	59,294	47,179	27,302	34,430	45,412	30,874	30,023	29,460
Change	-	-20.43%	-42.13%	26.11%	31.9%	-32.01%	-2.76%	-1.87%
P/E ratio	135x	23.2x	38.2x	-438x	55.3x	20.2x	14.3x	12.1x
PBR	9x	6.54x	4.56x	7.18x	7.72x	4.26x	3.58x	3.06x
PEG	-	0x	-0.6x	4x	-0x	0.3x	0.3x	0.7x
Capitalization / Revenue	2.93x	2.28x	1.09x	1.53x	1.79x	1.1x	1.01x	0.94x
EV / Revenue	2.99x	2.22x	1.21x	1.61x	1.92x	1.24x	1.11x	1.01x
EV / EBITDA	28x	15x	13.4x	23.3x	17.8x	9.64x	7.53x	6.57x
EV / EBIT	79x	23.8x	40.8x	128x	34x	15x	10.9x	9.25x
EV / FCF	53.6x	18.7x	-22.1x	16.2x	19.2x	20.3x	12.9x	11x
FCF Yield	1.87%	5.35%	-4.53%	6.17%	5.22%	4.92%	7.78%	9.13%
Dividend per Share ²	3	3.3	0.7	0.7	2	2.862	4.207	5.112
Rate of return	1.01%	1.3%	0.55%	0.38%	0.84%	1.87%	2.75%	3.34%
EPS ²	2.21	10.9	3.34	-0.42	4.28	7.56	10.71	12.66
Distribution rate	136%	30.3%	21%	-167%	46.7%	37.9%	39.3%	40.4%
Net sales ¹	19,844	21,234	22,511	21,427	23,683	24,916	26,987	29,061
EBITDA ¹	2,121	3,135	2,044	1,480	2,545	3,204	3,985	4,484
EBIT ¹	751	1,986	669	268	1,337	2,052	2,766	3,184
Net income ¹	432	2,116	612	-75	764	1,352	1,910	2,264
Net Debt ¹	1,194	-1,333	2,675	1,548	3,132	3,556	2,705	2,142
Reference price ²	297.90	253.20	127.46	184.16	236.80	153.00	153.00	153.00
Nbr of stocks (in thousands)	195,033	191,595	193,215	178,549	178,549	178,549	178,549	-
Announcement Date	3/10/21	3/9/22	3/8/23	1/31/24	3/4/25	-	-	-

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	20.05x	1.23x	9.55x	1.89%	31.5B
NIKE, INC.	40.4x	2.06x	26.31x	2.54%	95.31B
ASICS CORPORATION	32.13x	3.56x	17.42x	0.68%	18.54B
ON HOLDING AG	66.25x	3.69x	20.12x	-.--%	15.02B
FENG TAY ENTERPRISES CO., LTD.	19.03x	1.21x	8.66x	4.2%	3.17B
XTEP INTERNATIONAL HOLDINGS LIMITED	9.12x	0.73x	4.48x	5.6%	1.8B
361 DEGREES INTERNATIONAL LIMITED	8.59x	0.47x	2.95x	5.04%	1.58B
VULCABRAS S.A.	6.3x	1.73x	7.76x	15.31%	1.05B
HWASEUNG ENTERPRISE CO., LTD.	-186x	0.47x	6.29x	0.91%	204M
Average	1.76x	1.68x	11.51x	4.02%	18.69B
Weighted average by Cap.	36.46x	2.16x	20.71x	2.15%