adidas Valuation
Is ADS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of ADS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ADS (CHF350.7) is trading below our estimate of fair value (CHF450.1)
Significantly Below Fair Value: ADS is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ADS?
Other financial metrics that can be useful for relative valuation.
What is ADS's n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | €39.14b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 2x |
Enterprise Value/EBITDA | 36.2x |
PEG Ratio | 4.9x |
Price to Sales Ratio vs Peers
How does ADS's PS Ratio compare to its peers?
Company | Forward PS | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 2x | ||
CFR Compagnie Financière Richemont | 4.2x | 5.5% | CHF 81.3b |
UHR Swatch Group | 1.3x | 3.7% | CHF 9.4b |
CALN CALIDA Holding | 0.8x | -3.6% | CHF 236.1m |
KER Kering | 1.7x | 5.1% | €31.9b |
ADS adidas | 1.8x | 8.4% | CHF 39.1b |
Price-To-Sales vs Peers: ADS is good value based on its Price-To-Sales Ratio (1.8x) compared to the peer average (2x).
Price to Earnings Ratio vs Industry
How does ADS's PE Ratio compare vs other companies in the European Luxury Industry?
Price-To-Sales vs Industry: ADS is expensive based on its Price-To-Sales Ratio (1.8x) compared to the European Luxury industry average (0.7x).
Price to Sales Ratio vs Fair Ratio
What is ADS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PS Ratio | 1.8x |
Fair PS Ratio | 2.8x |
Price-To-Sales vs Fair Ratio: ADS is good value based on its Price-To-Sales Ratio (1.8x) compared to the estimated Fair Price-To-Sales Ratio (2.8x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | CHF 350.70 | CHF 227.37 -35.2% | 15.1% | CHF 286.88 | CHF 153.00 | n/a | 28 |
Aug ’25 | CHF 350.70 | CHF 222.15 -36.7% | 15.7% | CHF 282.82 | CHF 150.84 | n/a | 28 |
Jul ’25 | CHF 350.70 | CHF 215.63 -38.5% | 13.5% | CHF 254.05 | CHF 144.35 | n/a | 28 |
Jun ’25 | CHF 350.70 | CHF 218.38 -37.7% | 13.5% | CHF 269.50 | CHF 146.47 | n/a | 28 |
May ’25 | CHF 350.70 | CHF 219.01 -37.6% | 13.5% | CHF 271.23 | CHF 147.41 | n/a | 28 |
Apr ’25 | CHF 350.70 | CHF 191.52 -45.4% | 15.6% | CHF 223.76 | CHF 92.42 | n/a | 28 |
Mar ’25 | CHF 350.70 | CHF 174.81 -50.2% | 16.3% | CHF 216.99 | CHF 89.63 | n/a | 29 |
Feb ’25 | CHF 350.70 | CHF 173.71 -50.5% | 16.2% | CHF 214.43 | CHF 88.57 | n/a | 29 |
Jan ’25 | CHF 350.70 | CHF 177.18 -49.5% | 16.2% | CHF 218.07 | CHF 94.81 | n/a | 30 |
Dec ’24 | CHF 350.70 | CHF 177.32 -49.4% | 15.3% | CHF 212.16 | CHF 96.44 | n/a | 30 |
Nov ’24 | CHF 350.70 | CHF 173.39 -50.6% | 17.8% | CHF 222.32 | CHF 85.14 | n/a | 30 |
Oct ’24 | CHF 350.70 | CHF 175.78 -49.9% | 18.2% | CHF 225.37 | CHF 86.31 | n/a | 29 |
Sep ’24 | CHF 350.70 | CHF 173.12 -50.6% | 18.7% | CHF 224.75 | CHF 86.07 | n/a | 30 |
Aug ’24 | CHF 350.70 | CHF 167.77 -52.2% | 19.3% | CHF 215.64 | CHF 81.46 | CHF 350.70 | 29 |
Jul ’24 | CHF 350.70 | CHF 159.37 -54.6% | 19.4% | CHF 211.22 | CHF 83.12 | CHF 350.70 | 28 |
Jun ’24 | CHF 350.70 | CHF 152.53 -56.5% | 20.6% | CHF 201.33 | CHF 73.77 | CHF 350.70 | 30 |
May ’24 | CHF 350.70 | CHF 145.20 -58.6% | 20.7% | CHF 197.13 | CHF 73.92 | CHF 350.70 | 29 |
Apr ’24 | CHF 350.70 | CHF 142.86 -59.3% | 19.7% | CHF 194.49 | CHF 74.42 | CHF 350.70 | 29 |
Mar ’24 | CHF 350.70 | CHF 135.76 -61.3% | 22.2% | CHF 206.84 | CHF 70.15 | CHF 350.70 | 30 |
Feb ’24 | CHF 350.70 | CHF 137.45 -60.8% | 20.4% | CHF 194.06 | CHF 75.30 | CHF 350.70 | 31 |
Jan ’24 | CHF 350.70 | CHF 131.76 -62.4% | 22.0% | CHF 192.28 | CHF 74.60 | CHF 350.70 | 31 |
Dec ’23 | CHF 350.70 | CHF 131.39 -62.5% | 22.2% | CHF 192.34 | CHF 74.63 | CHF 350.70 | 31 |
Nov ’23 | CHF 350.70 | CHF 131.19 -62.6% | 31.0% | CHF 268.71 | CHF 86.30 | CHF 350.70 | 30 |
Oct ’23 | CHF 350.70 | CHF 185.68 -47.1% | 24.8% | CHF 323.64 | CHF 114.23 | CHF 350.70 | 30 |
Sep ’23 | CHF 350.70 | CHF 199.36 -43.2% | 23.1% | CHF 333.91 | CHF 117.85 | CHF 350.70 | 30 |
Aug ’23 | CHF 350.70 | CHF 204.53 -41.7% | 25.7% | CHF 330.62 | CHF 116.69 | CHF 350.70 | 31 |
Analyst Forecast: Target price is less than 20% higher than the current share price.