adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||€279.95|
|52 Week High||€252.05|
|52 Week Low||€336.25|
|1 Month Change||-0.73%|
|3 Month Change||-9.55%|
|1 Year Change||2.58%|
|3 Year Change||38.52%|
|5 Year Change||90.31%|
|Change since IPO||2,596.63%|
Recent News & Updates
Should You Think About Buying adidas AG (ETR:ADS) Now?
adidas AG ( ETR:ADS ) saw significant share price movement during recent months on the XTRA, rising to highs of €336...
Are adidas AG (ETR:ADS) Investors Paying Above The Intrinsic Value?
Today we will run through one way of estimating the intrinsic value of adidas AG ( ETR:ADS ) by taking the expected...
Some Investors May Be Worried About adidas' (ETR:ADS) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
These 4 Measures Indicate That adidas (ETR:ADS) Is Using Debt Reasonably Well
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
|ADS||DE Luxury||DE Market|
Return vs Industry: ADS underperformed the German Luxury industry which returned 9.4% over the past year.
Return vs Market: ADS underperformed the German Market which returned 29.1% over the past year.
Stable Share Price: ADS is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ADS's weekly volatility (4%) has been stable over the past year.
About the Company
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. The company operates through ten segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Russia/CIS, Latin America, Emerging Markets, Adidas Golf, Runtastic, and Other Centrally Managed Businesses. It offers footwear; apparel; accessories and gear, such as bags, balls, and fitness equipment; and golf products under the adidas and Reebok brands.
adidas Fundamentals Summary
|ADS fundamental statistics|
Is ADS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ADS income statement (TTM)|
|Cost of Revenue||€11.14b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 10, 2021
|Earnings per share (EPS)||7.73|
|Net Profit Margin||6.64%|
How did ADS perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is adidas undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ADS (€279.95) is trading above our estimate of fair value (€252.24)
Significantly Below Fair Value: ADS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ADS is poor value based on its PE Ratio (36.2x) compared to the German Luxury industry average (25.2x).
PE vs Market: ADS is poor value based on its PE Ratio (36.2x) compared to the German market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: ADS is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: ADS is overvalued based on its PB Ratio (7.6x) compared to the DE Luxury industry average (2x).
How is adidas forecast to perform in the next 1 to 3 years based on estimates from 29 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ADS's forecast earnings growth (16.7% per year) is above the savings rate (-0.01%).
Earnings vs Market: ADS's earnings (16.7% per year) are forecast to grow faster than the German market (12.5% per year).
High Growth Earnings: ADS's earnings are forecast to grow, but not significantly.
Revenue vs Market: ADS's revenue (8% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: ADS's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ADS's Return on Equity is forecast to be high in 3 years time (29.5%)
How has adidas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADS has high quality earnings.
Growing Profit Margin: ADS's current net profit margins (6.6%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: ADS's earnings have declined by 2.1% per year over the past 5 years.
Accelerating Growth: ADS's earnings growth over the past year (134.6%) exceeds its 5-year average (-2.1% per year).
Earnings vs Industry: ADS earnings growth over the past year (134.6%) exceeded the Luxury industry 107.1%.
Return on Equity
High ROE: ADS's Return on Equity (20.9%) is considered high.
How is adidas's financial position?
Financial Position Analysis
Short Term Liabilities: ADS's short term assets (€14.1B) exceed its short term liabilities (€9.2B).
Long Term Liabilities: ADS's short term assets (€14.1B) exceed its long term liabilities (€5.4B).
Debt to Equity History and Analysis
Debt Level: ADS's debt to equity ratio (42.9%) is considered high.
Reducing Debt: ADS's debt to equity ratio has increased from 37.5% to 42.9% over the past 5 years.
Debt Coverage: ADS's debt is well covered by operating cash flow (110.4%).
Interest Coverage: ADS's interest payments on its debt are well covered by EBIT (15.9x coverage).
What is adidas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ADS's dividend (1.07%) is higher than the bottom 25% of dividend payers in the German market (1%).
High Dividend: ADS's dividend (1.07%) is low compared to the top 25% of dividend payers in the German market (3.25%).
Stability and Growth of Payments
Stable Dividend: ADS's dividend payments have been volatile in the past 10 years.
Growing Dividend: ADS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.2%), ADS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ADS's dividends in 3 years are forecast to be well covered by earnings (39.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kasper Rorsted (59 yo)
Mr. Kasper Bo Rorsted serves as Members of the Supervisory Board at Siemens Aktiengesellschaft since February 3, 2021. He is Director at Nestlé S.A. (formerly known as Nestle S.A.) since April 12, 2018. He...
CEO Compensation Analysis
Compensation vs Market: Kasper's total compensation ($USD7.95M) is above average for companies of similar size in the German market ($USD4.49M).
Compensation vs Earnings: Kasper's compensation has been consistent with company performance over the past year.
Experienced Management: ADS's management team is considered experienced (4.4 years average tenure).
Experienced Board: ADS's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
adidas AG's employee growth, exchange listings and data sources
- Name: adidas AG
- Ticker: ADS
- Exchange: XTRA
- Founded: 1920
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: €54.004b
- Shares outstanding: 192.91m
- Website: https://www.adidas-group.com
Number of Employees
- adidas AG
- Adi-Dassler-Strasse 1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 21:10|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.