Adidas AG
XETRA:ADS

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Adidas AG
XETRA:ADS
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Price: 216.7 EUR -2.34% Market Closed
Market Cap: 39B EUR

Relative Value

The Relative Value of one ADS stock under the Base Case scenario is 275.68 EUR. Compared to the current market price of 216.7 EUR, Adidas AG is Undervalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ADS Relative Value
Base Case
275.68 EUR
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
61
vs Industry
27
Median 3Y
1.6
Median 5Y
1.8
Industry
0.9
Forward
1.5
vs History
41
vs Industry
10
Median 3Y
21.6
Median 5Y
36.3
Industry
17.1
Forward
28
vs History
73
vs Industry
26
Median 3Y
14.5
Median 5Y
16.5
Industry
9.5
vs History
53
vs Industry
14
Median 3Y
41.4
Median 5Y
38.6
Industry
15.2
vs History
39
vs Industry
6
Median 3Y
6.6
Median 5Y
6.9
Industry
1.3
vs History
63
vs Industry
29
Median 3Y
1.6
Median 5Y
1.9
Industry
1.1
Forward
1.5
vs History
71
vs Industry
43
Median 3Y
3.5
Median 5Y
3.7
Industry
3.7
vs History
63
vs Industry
20
Median 3Y
20.1
Median 5Y
18.8
Industry
9.8
Forward
12
vs History
55
vs Industry
12
Median 3Y
35.1
Median 5Y
34.5
Industry
12.9
Forward
19.1
vs History
74
vs Industry
27
Median 3Y
14.9
Median 5Y
16.4
Industry
10.3
vs History
65
vs Industry
25
Median 3Y
17.7
Median 5Y
18.6
Industry
12.7
vs History
52
vs Industry
14
Median 3Y
2.5
Median 5Y
2.9
Industry
1

Multiples Across Competitors

ADS Competitors Multiples
Adidas AG Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
Adidas AG
XETRA:ADS
38.7B EUR 1.6 50.6 15.8 30.4
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
285.5B EUR 3.4 22.7 11.2 15.7
FR
Hermes International SCA
PAR:RMS
252.5B EUR 16.6 54.9 34.8 39.5
FR
EssilorLuxottica SA
PAR:EL
121.2B EUR 4.6 51.4 20 37.9
FR
Christian Dior SE
PAR:CDI
95.2B EUR 1.1 18.3 4.3 6
CH
Compagnie Financiere Richemont SA
SIX:CFR
89.5B CHF 4.6 71.6 21 21
CA
Lululemon Athletica Inc
NASDAQ:LULU
35.9B USD 3.4 19.7 11.5 13.5
IN
Titan Company Ltd
NSE:TITAN
2.7T INR 4.7 84 53.2 60.5
CN
ANTA Sports Products Ltd
HKEX:2020
241.9B HKD 3.2 14.5 9.4 12.5
FR
Kering SA
PAR:KER
23.4B EUR 1.4 20.7 7.7 14.2
IT
Prada SpA
HKEX:1913
138.6B HKD 3.3 21.9 9.6 15.5