Adidas AG Financials

0OLD Stock   214.30  3.39  1.61%   
We suggest to use Adidas AG fundamental analysis to see if markets are presently undervaluing or overvaluing the company. Put another way, you can use it to find out if Adidas AG is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We are able to interpolate and collect twenty available fundamental indicators for Adidas AG, which can be compared to its peers. The stock experiences a large bullish trend. Check odds of Adidas AG to be traded at 235.73 in 90 days. Key indicators impacting Adidas AG's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income642.1 M675.9 M
Notably Down
Slightly volatile
  
Understanding current and past Adidas AG Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Adidas AG's financial statements are interrelated, with each one affecting the others. For example, an increase in Adidas AG's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Adidas AG's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Adidas AG. Check Adidas AG's Beneish M Score to see the likelihood of Adidas AG's management manipulating its earnings.

Adidas AG Stock Summary

Adidas AG competes with Accsys Technologies, Roper Technologies, DXC Technology, Playtech Plc, and Taiwan Semiconductor. Adidas AG is entity of United Kingdom. It is traded as Stock on LSE exchange.
Specialization
Industrials, Commercial & Professional Services
InstrumentUK Stock View All
ExchangeLondon Exchange
ISINDE000A1EWWW0
Business AddressAdi-Dassler-Strasse 1, Herzogenaurach,
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.adidas-group.com
Phone49 91 32 84 0
You should never invest in Adidas AG without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Adidas Stock, because this is throwing your money away. Analyzing the key information contained in Adidas AG's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Adidas AG Key Financial Ratios

There are many critical financial ratios that Adidas AG's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Adidas AG reports annually and quarterly.

Adidas AG Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets14.0B15.6B20.7B21.1B24.2B19.0B
Retained Earnings6.6B6.7B6.9B4.3B3.9B4.9B
Cash1.6B2.6B2.2B4.0B4.6B2.6B
Other Assets1.6B1.7B1.5B1.6B1.9B1.4B
Long Term Debt983M1.6B1.6B2.5B2.9B1.7B
Net Receivables3.3B2.7B3.0B3.5B4.1B3.1B
Good Will1.2B1.2B1.3B1.2B1.1B1.0B
Inventory4.1B4.4B4.0B6.0B6.9B4.6B
Other Current Assets737M803M2.8B1.1B1.3B1.1B
Total Liab8.0B9.2B13.9B14.6B16.8B12.0B
Total Current Assets10.9B12.2B13.9B11.7B13.5B12.0B
Intangible Assets960M1.0B1.2B1.0B901.8M962.1M
Common Stock196M195M192M179M161.1M156.1M
Other Current Liab2.5B2.7B3.1B1.9B1.7B2.1B
Other Liab875M894M606M399M359.1M559.7M
Net Tangible Assets4.4B4.2B5.9B3.3B3.0B3.5B
Accounts Payable2.7B2.4B2.3B2.9B3.3B2.8B

Adidas AG Key Income Statement Accounts

201920202021202220232024 (projected)
Tax Provision668M669M640M146M131.4M124.8M
Interest Income17M8M115M176M202.4M212.5M
Selling General Administrative8.2B8.4B9.6B9.0B10.3B9.4B
Total Revenue21.2B21.9B23.6B19.8B22.8B23.1B
Gross Profit10.7B11.4B12.3B9.9B11.3B11.7B
Operating Income2.0B2.4B2.7B751M675.9M642.1M
Cost Of Revenue10.5B10.6B11.3B10.0B11.5B11.4B
Income Before Tax2.0B2.4B2.6B575M517.5M491.6M
Extraordinary Items(254M)(5M)59M13M15.0M15.7M
Net Income Applicable To Common Shares2.0B432M2.1B612M550.8M1.0B
Net Income1.1B1.7B2.0B431M387.9M368.5M
Discontinued Operations59M(19M)666M384M441.6M238.7M
Other Operating Expenses82M17M46M116M133.4M73.3M
Ebit2.7B741M2.0B732M658.8M625.9M
Income Tax Expense640M117M360M134M120.6M114.6M

Adidas AG Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(410M)1.8B(166M)(3.0B)(2.7B)(2.6B)
Depreciation1.2B1.1B1.1B1.2B1.4B948.8M
Dividends Paid528M664M585M610M701.5M581.0M
Capital Expenditures611M598M368M494M504M453.6M
Net Income2.0B432M2.1B612M550.8M523.3M
Change To Inventory(505M)(481M)125M(1.9B)(1.7B)(1.6B)
Investments(364M)240M49M(13M)(15.0M)(15.7M)
Net Borrowings(639M)932M(1.3B)345M310.5M326.0M
Change To Netincome(99M)180M(247M)(376M)(338.4M)(321.5M)

Adidas Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Adidas AG's current stock value. Our valuation model uses many indicators to compare Adidas AG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Adidas AG competition to find correlations between indicators driving Adidas AG's intrinsic value. More Info.
Adidas AG is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Adidas AG is roughly  2.70 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Adidas AG's earnings, one of the primary drivers of an investment's value.

Adidas AG Systematic Risk

Adidas AG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Adidas AG volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Adidas AG correlated with the market. If Beta is less than 0 Adidas AG generally moves in the opposite direction as compared to the market. If Adidas AG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Adidas AG is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Adidas AG is generally in the same direction as the market. If Beta > 1 Adidas AG moves generally in the same direction as, but more than the movement of the benchmark.

Adidas AG Total Assets Over Time

Adidas AG November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Adidas AG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Adidas AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Adidas AG based on widely used predictive technical indicators. In general, we focus on analyzing Adidas Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Adidas AG's daily price indicators and compare them against related drivers.

Additional Tools for Adidas Stock Analysis

When running Adidas AG's price analysis, check to measure Adidas AG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adidas AG is operating at the current time. Most of Adidas AG's value examination focuses on studying past and present price action to predict the probability of Adidas AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adidas AG's price. Additionally, you may evaluate how the addition of Adidas AG to your portfolios can decrease your overall portfolio volatility.