Adidas AG Financials

Adidas AG Stock Summary

Adidas AG competes with Asics Corp, American Rebel, Adidas AG, ASICS, and PUMA SE. adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. 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. ADIDAS AG operates under Footwear Accessories classification in the United States and is traded on OTC Exchange. It employs 60661 people.

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 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 second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.35  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Adidas AG is roughly  2.82 . 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

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 OTC 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.

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.