adidas AG Logo

adidas AG

ADDYY

(0.2)
Stock Price

125,00 USD

-0.95% ROA

0.62% ROE

-195.86x PER

Market Cap.

30.386.701.660,90 USD

110.42% DER

0.43% Yield

0.14% NPM

adidas AG Stock Analysis

adidas AG Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

adidas AG Fundamental Stock Analysis
# Analysis Rating
1 Dividend

The company's history of regular dividend distributions in the last three years showcases its ability to generate reliable income for shareholders.

2 ROE

Negative ROE (-6.85%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (-2.01%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

4 PBV

The stock's high Price-to-Book Value (P/BV) ratio (6.71x) suggests it's overvalued, potentially making it an expensive investment.

5 DER

The stock is burdened with a heavy load of debt (136%), making it financially unstable and potentially risky for investors.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

10 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-7.498), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

adidas AG Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

adidas AG Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

adidas AG Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

adidas AG Revenue
Year Revenue Growth
2002 6.523.419.000
2003 6.266.800.000 -4.09%
2004 6.478.072.000 3.26%
2005 6.635.631.000 2.37%
2006 10.084.000.000 34.2%
2007 10.299.000.000 2.09%
2008 10.799.000.000 4.63%
2009 10.381.000.000 -4.03%
2010 11.990.000.000 13.42%
2011 13.344.000.000 10.15%
2012 14.883.000.000 10.34%
2013 14.492.000.000 -2.7%
2014 14.534.000.000 0.29%
2015 16.915.000.000 14.08%
2016 19.291.000.000 12.32%
2017 21.218.000.000 9.08%
2018 21.915.000.000 3.18%
2019 23.640.000.000 7.3%
2020 19.844.000.000 -19.13%
2021 21.234.000.000 6.55%
2022 22.511.000.000 5.67%
2023 23.996.000.000 6.19%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

adidas AG Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 98.000.000 100%
2007 84.000.000 -16.67%
2008 81.000.000 -3.7%
2009 86.000.000 5.81%
2010 102.000.000 15.69%
2011 115.000.000 11.3%
2012 128.000.000 10.16%
2013 128.000.000 0%
2014 126.000.000 -1.59%
2015 139.000.000 9.35%
2016 164.000.000 15.24%
2017 187.000.000 12.3%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

adidas AG General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 2.245.383.000
2003 2.228.135.000 -0.77%
2004 2.376.266.000 6.23%
2005 2.425.291.000 2.02%
2006 1.110.000.000 -118.49%
2007 1.214.000.000 8.57%
2008 1.313.000.000 7.54%
2009 1.391.000.000 5.61%
2010 855.000.000 -62.69%
2011 977.000.000 12.49%
2012 1.136.000.000 14%
2013 1.127.000.000 -0.8%
2014 1.050.000.000 -7.33%
2015 1.350.000.000 22.22%
2016 1.690.000.000 20.12%
2017 1.765.000.000 4.25%
2018 1.576.000.000 -11.99%
2019 1.652.000.000 4.6%
2020 1.461.000.000 -13.07%
2021 1.481.000.000 1.35%
2022 1.651.000.000 10.3%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

adidas AG EBITDA
Year EBITDA Growth
2002 591.361.000
2003 597.718.000 1.06%
2004 693.042.000 13.75%
2005 877.535.000 21.02%
2006 1.137.000.000 22.82%
2007 1.200.000.000 5.25%
2008 1.341.000.000 10.51%
2009 826.000.000 -62.35%
2010 1.189.000.000 30.53%
2011 1.295.000.000 8.19%
2012 1.477.000.000 12.32%
2013 1.547.000.000 4.52%
2014 1.296.000.000 -19.37%
2015 1.491.000.000 13.08%
2016 1.863.000.000 19.97%
2017 2.563.000.000 27.31%
2018 2.941.000.000 12.85%
2019 3.945.000.000 25.45%
2020 2.220.000.000 -77.7%
2021 3.179.000.000 30.17%
2022 1.960.000.000 -62.19%
2023 3.056.000.000 35.86%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

adidas AG Gross Profit
Year Gross Profit Growth
2002 2.819.150.000
2003 2.813.668.000 -0.19%
2004 3.058.208.000 8%
2005 3.197.072.000 4.34%
2006 4.495.000.000 28.87%
2007 4.882.000.000 7.93%
2008 5.256.000.000 7.12%
2009 4.712.000.000 -11.54%
2010 5.730.000.000 17.77%
2011 6.344.000.000 9.68%
2012 7.103.000.000 10.69%
2013 7.140.000.000 0.52%
2014 6.924.000.000 -3.12%
2015 8.167.000.000 15.22%
2016 9.379.000.000 12.92%
2017 10.704.000.000 12.38%
2018 11.363.000.000 5.8%
2019 12.293.000.000 7.57%
2020 9.854.000.000 -24.75%
2021 10.765.000.000 8.46%
2022 10.644.000.000 -1.14%
2023 11.820.000.000 9.95%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

adidas AG Net Profit
Year Net Profit Growth
2002 228.571.000
2003 271.476.000 15.8%
2004 323.469.000 16.07%
2005 390.448.000 17.15%
2006 496.000.000 21.28%
2007 555.000.000 10.63%
2008 644.000.000 13.82%
2009 245.000.000 -162.86%
2010 567.000.000 56.79%
2011 671.000.000 15.5%
2012 526.000.000 -27.57%
2013 787.000.000 33.16%
2014 490.000.000 -60.61%
2015 634.000.000 22.71%
2016 1.017.000.000 37.66%
2017 1.097.000.000 7.29%
2018 1.702.000.000 35.55%
2019 1.976.000.000 13.87%
2020 432.000.000 -357.41%
2021 1.492.000.000 71.05%
2022 254.000.000 -487.4%
2023 1.036.000.000 75.48%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

adidas AG Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 1
2003 1 0%
2004 2 100%
2005 2 50%
2006 1 -100%
2007 1 0%
2008 2 0%
2009 1 0%
2010 1 100%
2011 1 0%
2012 1 0%
2013 2 0%
2014 1 0%
2015 2 0%
2016 3 50%
2017 3 0%
2018 4 50%
2019 5 20%
2020 1 -400%
2021 4 66.67%
2022 1 0%
2023 3 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

adidas AG Free Cashflow
Year Free Cashflow Growth
2002 269.283.000
2003 506.263.000 46.81%
2004 413.341.000 -22.48%
2005 143.975.000 -187.09%
2006 485.000.000 70.31%
2007 495.000.000 2.02%
2008 121.000.000 -309.09%
2009 957.000.000 87.36%
2010 625.000.000 -53.12%
2011 416.000.000 -50.24%
2012 508.000.000 18.11%
2013 155.000.000 -227.74%
2014 153.000.000 -1.31%
2015 577.000.000 73.48%
2016 697.000.000 17.22%
2017 896.000.000 22.21%
2018 1.939.000.000 53.79%
2019 2.111.000.000 8.15%
2020 1.043.000.000 -102.4%
2021 2.525.000.000 58.69%
2022 -1.238.000.000 303.96%
2023 993.000.000 224.67%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

adidas AG Operating Cashflow
Year Operating Cashflow Growth
2002 534.063.000
2003 650.968.000 17.96%
2004 573.252.000 -13.56%
2005 352.059.000 -62.83%
2006 762.000.000 53.8%
2007 780.000.000 2.31%
2008 497.000.000 -56.94%
2009 1.198.000.000 58.51%
2010 894.000.000 -34%
2011 792.000.000 -12.88%
2012 942.000.000 15.92%
2013 634.000.000 -48.58%
2014 701.000.000 9.56%
2015 1.090.000.000 35.69%
2016 1.348.000.000 19.14%
2017 1.648.000.000 18.2%
2018 2.646.000.000 37.72%
2019 2.819.000.000 6.14%
2020 1.486.000.000 -89.7%
2021 3.192.000.000 53.45%
2022 -543.000.000 687.85%
2023 1.111.000.000 148.87%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

adidas AG Capital Expenditure
Year Capital Expenditure Growth
2002 264.780.000
2003 144.705.000 -82.98%
2004 159.911.000 9.51%
2005 208.084.000 23.15%
2006 277.000.000 24.88%
2007 285.000.000 2.81%
2008 376.000.000 24.2%
2009 241.000.000 -56.02%
2010 269.000.000 10.41%
2011 376.000.000 28.46%
2012 434.000.000 13.36%
2013 479.000.000 9.39%
2014 548.000.000 12.59%
2015 513.000.000 -6.82%
2016 651.000.000 21.2%
2017 752.000.000 13.43%
2018 707.000.000 -6.36%
2019 708.000.000 0.14%
2020 443.000.000 -59.82%
2021 667.000.000 33.58%
2022 695.000.000 4.03%
2023 118.000.000 -488.98%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

adidas AG Equity
Year Equity Growth
2002 1.025.846.000
2003 1.299.211.000 21.04%
2004 1.599.602.000 18.78%
2005 2.683.837.000 40.4%
2006 2.828.000.000 5.1%
2007 3.023.000.000 6.45%
2008 3.386.000.000 10.72%
2009 3.771.000.000 10.21%
2010 4.616.000.000 18.31%
2011 5.327.000.000 13.35%
2012 5.304.000.000 -0.43%
2013 5.489.000.000 3.37%
2014 5.624.000.000 2.4%
2015 5.666.000.000 0.74%
2016 6.472.000.000 12.45%
2017 6.450.000.000 -0.34%
2018 6.364.000.000 -1.35%
2019 7.057.000.000 9.82%
2020 6.691.000.000 -5.47%
2021 7.837.000.000 14.62%
2022 5.351.000.000 -46.46%
2023 5.607.000.000 4.57%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

adidas AG Assets
Year Assets Growth
2002 4.260.811.000
2003 4.187.808.000 -1.74%
2004 4.427.480.000 5.41%
2005 5.750.241.000 23%
2006 8.379.000.000 31.37%
2007 8.325.000.000 -0.65%
2008 9.533.000.000 12.67%
2009 8.875.000.000 -7.41%
2010 10.618.000.000 16.42%
2011 11.380.000.000 6.7%
2012 11.651.000.000 2.33%
2013 11.599.000.000 -0.45%
2014 12.417.000.000 6.59%
2015 13.343.000.000 6.94%
2016 15.176.000.000 12.08%
2017 14.522.000.000 -4.5%
2018 15.612.000.000 6.98%
2019 20.680.000.000 24.51%
2020 21.053.000.000 1.77%
2021 22.137.000.000 4.9%
2022 20.296.000.000 -9.07%
2023 18.720.000.000 -8.42%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

adidas AG Liabilities
Year Liabilities Growth
2002 3.123.939.000
2003 2.775.439.000 -12.56%
2004 2.770.178.000 -0.19%
2005 3.037.928.000 8.81%
2006 5.543.000.000 45.19%
2007 5.291.000.000 -4.76%
2008 6.133.000.000 13.73%
2009 5.099.000.000 -20.28%
2010 5.995.000.000 14.95%
2011 6.049.000.000 0.89%
2012 6.360.000.000 4.89%
2013 6.118.000.000 -3.96%
2014 6.800.000.000 10.03%
2015 7.695.000.000 11.63%
2016 8.721.000.000 11.76%
2017 8.087.000.000 -7.84%
2018 9.248.000.000 12.55%
2019 13.623.000.000 32.11%
2020 14.362.000.000 5.15%
2021 14.300.000.000 -0.43%
2022 14.945.000.000 4.32%
2023 13.113.000.000 -13.97%

adidas AG Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
61.08
Net Income per Share
-0.45
Price to Earning Ratio
-195.86x
Price To Sales Ratio
1.39x
POCF Ratio
17.68
PFCF Ratio
23.28
Price to Book Ratio
6.1
EV to Sales
1.61
EV Over EBITDA
33.31
EV to Operating CashFlow
19.6
EV to FreeCashFlow
26.96
Earnings Yield
-0.01
FreeCashFlow Yield
0.04
Market Cap
30,39 Bil.
Enterprise Value
35,18 Bil.
Graham Number
12.19
Graham NetNet
-18.94

Income Statement Metrics

Net Income per Share
-0.45
Income Quality
-7.07
ROE
-0.03
Return On Assets
0
Return On Capital Employed
0.03
Net Income per EBT
0.77
EBT Per Ebit
0.12
Ebit per Revenue
0.01
Effective Tax Rate
6.56

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.48
Operating Profit Margin
0.01
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0.43
Payout Ratio
0
Dividend Per Share
0.39

Operating Metrics

Operating Cashflow per Share
5.02
Free CashFlow per Share
3.65
Capex to Operating CashFlow
-0.27
Capex to Revenue
-0.02
Capex to Depreciation
-0.39
Return on Invested Capital
-0
Return on Tangible Assets
-0.01
Days Sales Outstanding
47.47
Days Payables Outstanding
62.53
Days of Inventory on Hand
150.63
Receivables Turnover
7.69
Payables Turnover
5.84
Inventory Turnover
2.42
Capex per Share
-1.37

Balance Sheet

Cash per Share
5,02
Book Value per Share
14,57
Tangible Book Value per Share
10.94
Shareholders Equity per Share
14.57
Interest Debt per Share
16.26
Debt to Equity
1.1
Debt to Assets
0.31
Net Debt to EBITDA
4.54
Current Ratio
1.29
Tangible Asset Value
3,91 Bil.
Net Current Asset Value
-2,59 Bil.
Invested Capital
1.1
Working Capital
2,34 Bil.
Intangibles to Total Assets
0.09
Average Receivables
2,76 Bil.
Average Payables
2,11 Bil.
Average Inventory
5194500000
Debt to Market Cap
0.19

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

adidas AG Dividends
Year Dividends Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 100%
2015 1 0%
2016 1 0%
2017 1 100%
2018 2 0%
2019 2 0%
2021 2 0%
2022 2 0%
2023 0 0%

adidas AG Profile

About adidas AG

adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through approximately 2,200 own-retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.

CEO
Mr. Bjorn Gulden
Employee
51.561
Address
Adi-Dassler-Strasse 1
Herzogenaurach, 91074

adidas AG Executives & BODs

adidas AG Executives & BODs
# Name Age
1 Ms. Aimee Arana
Senior Vice President and GM of Global Product - Training, Running, Core Apparel & Accessories
70
2 Mr. Jan Runau
Chief Corporate Communications Officer
70
3 Mr. Arthur Hold
Head of Global Sales & Member of Executive Board
70
4 Ms. Petra Auerbacher
Project Manager Creative Direction & Employee Representative Member of Supervisory Board
70
5 Mr. Harm Ohlmeyer
Chief Financial Officer & Member of Executive Board
70
6 Mr. Bjorn Gulden
Chief Executive Officer & Member of Executive Board
70
7 Mr. Sebastian Steffen
Senior Vice President of Investor Relations
70
8 Mr. Frank Scheiderer
Director of Finance Strategy & Programs and Employee Representative Member of the Supervisory Board
70
9 Mr. Martin Shankland
Head of Global Operations & Member of Executive Board
70
10 Mr. Guenter Weigl
SVice President of Global Sports Mktg. & Brand Relations and Employee Representative Member of Supervisory Board
70

adidas AG Competitors