ADIDAS AG (1ADS.MI) Stock Fundamental Analysis
Europe - BIT:1ADS - DE000A1EWWW0 - Common Stock
178.35 EUR
+5.15 (+2.97%)
Overall 1ADS gets a fundamental rating of 5 out of 10. We evaluated 1ADS against 45 industry peers in the Textiles, Apparel & Luxury Goods industry. Both the profitability and the financial health of 1ADS get a neutral evaluation. Nothing too spectacular is happening here. 1ADS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
1ADS had positive earnings in the past year.
1ADS had a positive operating cash flow in the past year.
1ADS had positive earnings in 4 of the past 5 years.
1ADS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
1ADS has a better Return On Assets (6.16%) than 65.96% of its industry peers.
With a decent Return On Equity value of 23.12%, 1ADS is doing good in the industry, outperforming 78.72% of the companies in the same industry.
1ADS has a Return On Invested Capital of 12.89%. This is amongst the best in the industry. 1ADS outperforms 80.85% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1ADS is significantly below the industry average of 10.76%.
The last Return On Invested Capital (12.89%) for 1ADS is above the 3 year average (5.53%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.16% | ||
| ROE | 23.12% | ||
| ROIC | 12.89% |
ROA(3y)2.1%
ROA(5y)3.58%
ROE(3y)8.19%
ROE(5y)11.88%
ROIC(3y)5.53%
ROIC(5y)6.71%
1.3 Margins
Looking at the Profit Margin, with a value of 4.90%, 1ADS is in line with its industry, outperforming 48.94% of the companies in the same industry.
1ADS's Profit Margin has declined in the last couple of years.
1ADS has a Operating Margin of 7.39%. This is comparable to the rest of the industry: 1ADS outperforms 42.55% of its industry peers.
1ADS's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 51.22%, 1ADS is not doing good in the industry: 63.83% of the companies in the same industry are doing better.
1ADS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.39% | ||
| PM (TTM) | 4.9% | ||
| GM | 51.22% |
OM growth 3Y-17.1%
OM growth 5Y-14.1%
PM growth 3Y-31.34%
PM growth 5Y-17.34%
GM growth 3Y0.05%
GM growth 5Y-0.48%
2. Health
2.1 Basic Checks
1ADS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, 1ADS has about the same amount of shares outstanding.
1ADS has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, 1ADS has an improved debt to assets ratio.
2.2 Solvency
1ADS has an Altman-Z score of 3.40. This indicates that 1ADS is financially healthy and has little risk of bankruptcy at the moment.
1ADS has a Altman-Z score (3.40) which is in line with its industry peers.
The Debt to FCF ratio of 1ADS is 7.91, which is on the high side as it means it would take 1ADS, 7.91 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.91, 1ADS is in line with its industry, outperforming 40.43% of the companies in the same industry.
A Debt/Equity ratio of 0.81 indicates that 1ADS is somewhat dependend on debt financing.
1ADS has a Debt to Equity ratio of 0.81. This is in the lower half of the industry: 1ADS underperforms 61.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 7.91 | ||
| Altman-Z | 3.4 |
ROIC/WACC1.84
WACC6.99%
2.3 Liquidity
1ADS has a Current Ratio of 1.25. This is a normal value and indicates that 1ADS is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.25, 1ADS is not doing good in the industry: 74.47% of the companies in the same industry are doing better.
1ADS has a Quick Ratio of 1.25. This is a bad value and indicates that 1ADS is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of 1ADS (0.67) is worse than 72.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
1ADS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 515.74%, which is quite impressive.
The earnings per share for 1ADS have been decreasing by -15.76% on average. This is quite bad
1ADS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.95%.
1ADS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.04% yearly.
EPS 1Y (TTM)515.74%
EPS 3Y-17.56%
EPS 5Y-15.76%
EPS Q2Q%86.24%
Revenue 1Y (TTM)10.95%
Revenue growth 3Y3.71%
Revenue growth 5Y0.04%
Sales Q2Q%2.23%
3.2 Future
1ADS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 31.30% yearly.
Based on estimates for the next years, 1ADS will show a small growth in Revenue. The Revenue will grow by 7.75% on average per year.
EPS Next Y80.94%
EPS Next 2Y61.3%
EPS Next 3Y46.03%
EPS Next 5Y31.3%
Revenue Next Year7.49%
Revenue Next 2Y8.13%
Revenue Next 3Y8.29%
Revenue Next 5Y7.75%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 26.82 indicates a quite expensive valuation of 1ADS.
Compared to the rest of the industry, the Price/Earnings ratio of 1ADS is on the same level as its industry peers.
1ADS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 16.21, which indicates a correct valuation of 1ADS.
1ADS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. 1ADS is cheaper than 78.72% of the companies in the same industry.
1ADS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.82 | ||
| Fwd PE | 16.21 |
4.2 Price Multiples
1ADS's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. 1ADS is more expensive than 61.70% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 1ADS is valued a bit more expensive than the industry average as 68.09% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.39 | ||
| EV/EBITDA | 11.52 |
4.3 Compensation for Growth
1ADS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as 1ADS's earnings are expected to grow with 46.03% in the coming years.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y61.3%
EPS Next 3Y46.03%
5. Dividend
5.1 Amount
1ADS has a Yearly Dividend Yield of 1.12%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of 1ADS has falen by -30.17%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
1ADS's Dividend Yield is comparable with the industry average which is at 3.12.
With a Dividend Yield of 1.12, 1ADS pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
The dividend of 1ADS decreases each year by -26.93%.
Dividend Growth(5Y)-26.93%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1ADS pays out 29.73% of its income as dividend. This is a sustainable payout ratio.
DP29.73%
EPS Next 2Y61.3%
EPS Next 3Y46.03%
BIT:1ADS (9/15/2025, 7:00:00 PM)
178.35
+5.15 (+2.97%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners52.77%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap32.10B
Analysts78.33
Price Target245.19 (37.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Yearly Dividend0.7
Dividend Growth(5Y)-26.93%
DP29.73%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.55%
Min EPS beat(2)3.46%
Max EPS beat(2)15.64%
EPS beat(4)4
Avg EPS beat(4)15.31%
Min EPS beat(4)3.46%
Max EPS beat(4)36.32%
EPS beat(8)6
Avg EPS beat(8)3.54%
EPS beat(12)8
Avg EPS beat(12)7.68%
EPS beat(16)11
Avg EPS beat(16)9.52%
Revenue beat(2)0
Avg Revenue beat(2)-3.26%
Min Revenue beat(2)-5.34%
Max Revenue beat(2)-1.17%
Revenue beat(4)1
Avg Revenue beat(4)-1.2%
Min Revenue beat(4)-5.34%
Max Revenue beat(4)2.63%
Revenue beat(8)3
Avg Revenue beat(8)-0.94%
Revenue beat(12)5
Avg Revenue beat(12)-0.53%
Revenue beat(16)6
Avg Revenue beat(16)-0.7%
PT rev (1m)-2.28%
PT rev (3m)-6.48%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)-16.21%
EPS NY rev (1m)1.09%
EPS NY rev (3m)1.09%
Revenue NQ rev (1m)-0.58%
Revenue NQ rev (3m)-4.93%
Revenue NY rev (1m)-1.46%
Revenue NY rev (3m)-2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.82 | ||
| Fwd PE | 16.21 | ||
| P/S | 1.31 | ||
| P/FCF | 46.39 | ||
| P/OCF | 26.19 | ||
| P/B | 6.18 | ||
| P/tB | 9 | ||
| EV/EBITDA | 11.52 |
EPS(TTM)6.65
EY3.73%
EPS(NY)11
Fwd EY6.17%
FCF(TTM)3.84
FCFY2.16%
OCF(TTM)6.81
OCFY3.82%
SpS136.16
BVpS28.86
TBVpS19.82
PEG (NY)0.33
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.16% | ||
| ROE | 23.12% | ||
| ROCE | 17.19% | ||
| ROIC | 12.89% | ||
| ROICexc | 15.08% | ||
| ROICexgc | 18.4% | ||
| OM | 7.39% | ||
| PM (TTM) | 4.9% | ||
| GM | 51.22% | ||
| FCFM | 2.82% |
ROA(3y)2.1%
ROA(5y)3.58%
ROE(3y)8.19%
ROE(5y)11.88%
ROIC(3y)5.53%
ROIC(5y)6.71%
ROICexc(3y)6.96%
ROICexc(5y)9.19%
ROICexgc(3y)8.67%
ROICexgc(5y)11.56%
ROCE(3y)7.37%
ROCE(5y)8.95%
ROICexcg growth 3Y-9.6%
ROICexcg growth 5Y-13.31%
ROICexc growth 3Y-10.88%
ROICexc growth 5Y-12.05%
OM growth 3Y-17.1%
OM growth 5Y-14.1%
PM growth 3Y-31.34%
PM growth 5Y-17.34%
GM growth 3Y0.05%
GM growth 5Y-0.48%
F-Score8
Asset Turnover1.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 7.91 | ||
| Debt/EBITDA | 1.39 | ||
| Cap/Depr | 44.21% | ||
| Cap/Sales | 2.18% | ||
| Interest Coverage | 8.01 | ||
| Cash Conversion | 40.61% | ||
| Profit Quality | 57.62% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 3.4 |
F-Score8
WACC6.99%
ROIC/WACC1.84
Cap/Depr(3y)45.61%
Cap/Depr(5y)45.44%
Cap/Sales(3y)2.57%
Cap/Sales(5y)2.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)515.74%
EPS 3Y-17.56%
EPS 5Y-15.76%
EPS Q2Q%86.24%
EPS Next Y80.94%
EPS Next 2Y61.3%
EPS Next 3Y46.03%
EPS Next 5Y31.3%
Revenue 1Y (TTM)10.95%
Revenue growth 3Y3.71%
Revenue growth 5Y0.04%
Sales Q2Q%2.23%
Revenue Next Year7.49%
Revenue Next 2Y8.13%
Revenue Next 3Y8.29%
Revenue Next 5Y7.75%
EBIT growth 1Y153.64%
EBIT growth 3Y-14.03%
EBIT growth 5Y-14.07%
EBIT Next Year161.6%
EBIT Next 3Y52.56%
EBIT Next 5Y33.45%
FCF growth 1Y497.7%
FCF growth 3Y-2.1%
FCF growth 5Y2.35%
OCF growth 1Y221.79%
OCF growth 3Y-3.05%
OCF growth 5Y0.64%