Valuation adidas AG

Equities

Market Closed - Xetra Other stock markets 16:40:05 09/09/2024 BST			Pre-market 07:44:32
214.00 ^EUR	-3.04%		213.95	-0.02%

09-09	The market burns its idols
09-09	Skeptical Barclays commentary pushes Adidas to August low	DP

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	56,851	58,100	48,512	24,627	32,882	38,210	-	-
Change	-	2.2%	-16.5%	-49.23%	33.52%	16.2%	-	-
Enterprise Value (EV) ¹	58,565	59,294	47,179	27,302	34,430	42,039	41,303	40,408
Change	-	1.24%	-20.43%	-42.13%	26.11%	22.1%	-1.75%	-2.17%
P/E ratio	29x	135x	23.2x	38.2x	-438x	61.9x	29.4x	20.4x
PBR	8.36x	9x	6.54x	4.56x	7.18x	7.38x	6.11x	4.94x
PEG	-	-1.7x	0x	-0.6x	4x	-0x	0x	0.5x
Capitalization / Revenue	2.4x	2.93x	2.28x	1.09x	1.53x	1.66x	1.51x	1.38x
EV / Revenue	2.48x	2.99x	2.22x	1.21x	1.61x	1.82x	1.64x	1.46x
EV / EBITDA	15.1x	28x	15x	13.4x	23.3x	17.9x	12.7x	9.8x
EV / EBIT	22x	79x	23.8x	40.8x	128x	36.8x	20.8x	14.6x
EV / FCF	26.4x	53.6x	18.7x	-22.1x	16.2x	33.8x	24.4x	18.1x
FCF Yield	3.79%	1.87%	5.35%	-4.53%	6.17%	2.96%	4.1%	5.52%
Dividend per Share ²	3.85	3	3.3	0.7	0.7	1.257	2.798	4.278
Rate of return	1.33%	1.01%	1.3%	0.55%	0.38%	0.59%	1.31%	2%
EPS ²	10	2.21	10.9	3.34	-0.42	3.455	7.283	10.47
Distribution rate	38.5%	136%	30.3%	21%	-167%	36.4%	38.4%	40.9%
Net sales ¹	23,640	19,844	21,234	22,511	21,427	23,078	25,252	27,711
EBITDA ¹	3,874	2,121	3,135	2,044	1,480	2,352	3,243	4,124
EBIT ¹	2,660	751	1,986	669	268	1,141	1,987	2,774
Net income ¹	1,976	432	2,116	612	-75	622.1	1,302	1,865
Net Debt ¹	1,714	1,194	-1,333	2,675	1,548	3,830	3,094	2,199
Reference price ²	289.80	297.90	253.20	127.46	184.16	214.00	214.00	214.00
Nbr of stocks (in thousands)	196,175	195,033	191,595	193,215	178,549	178,549	-	-
Announcement Date	11/03/20	10/03/21	09/03/22	08/03/23	31/01/24	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
ADIDAS AG	61.93x	1.82x	17.87x	+0.59%	42.19B
NIKE, INC.	25.79x	2.44x	19.3x	+1.87%	119B
ON HOLDING AG	54.72x	4.93x	30.44x	-.--%	14.2B
ASICS CORPORATION	30.83x	2.88x	16.46x	+0.84%	13.38B
FENG TAY ENTERPRISES CO., LTD.	21.95x	1.53x	12.31x	+3.27%	4.29B
KINGNET NETWORK CO., LTD.	11.68x	3.02x	8.57x	+1.86%	2.83B
XTEP INTERNATIONAL HOLDINGS LIMITED	8.59x	0.58x	4.09x	+5.84%	1.43B
361 DEGREES INTERNATIONAL LIMITED	5.67x	0.06x	0.41x	+6.78%	878M
VULCABRAS S.A.	9.78x	1.41x	6.13x	+9.83%	875M
Average	25.66x	2.08x	12.84x	+3.43%	22.14B
Weighted average by Cap.	35.28x	2.48x	19.05x	+1.51%