Valuation adidas Cinnober Boat

Stocks

Real-time Estimate Tradegate 10:21:24 18/09/26 pm AEST			5-day change	1st Jan Change
141.15 ^EUR	0.00%		0.00%	-

17/09	Adidas and Puma slip as analysts cut price targets	DP
17/09	Adidas Reduces Technology Roles in India to Streamline Operations	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	48,512	24,627	32,882	42,280	30,184	24,775	-	-
Change	-	-49.23%	33.52%	28.58%	-28.61%	-17.92%	-	-
Enterprise Value (EV) ¹	47,179	27,302	34,430	45,412	34,121	28,700	28,526	28,299
Change	-	-42.13%	26.11%	31.9%	-24.86%	-15.89%	-0.61%	-0.8%
P/E	23.2x	38.2x	-438x	55.3x	22.5x	15.1x	12.2x	10.3x
PBR	6.54x	4.56x	7.18x	7.72x	5.23x	4.07x	3.52x	3.28x
PEG	-	-0.6x	4x	-0x	0.3x	0.6x	0.5x	0.6x
Capitalization / Revenue	2.28x	1.09x	1.53x	1.79x	1.22x	0.92x	0.86x	0.8x
EV / Revenue	2.22x	1.21x	1.61x	1.92x	1.38x	1.07x	0.99x	0.91x
EV / EBITDA	15x	13.4x	23.3x	17.8x	10.6x	7.98x	6.96x	6.31x
EV / EBIT	23.8x	40.8x	128x	34x	16.6x	11.9x	9.82x	8.7x
EV / FCF	18.7x	-22.1x	16.2x	19.2x	87.9x	12.8x	11.9x	10.4x
FCF Yield	5.35%	-4.53%	6.17%	5.22%	1.14%	7.8%	8.41%	9.62%
Dividend per Share ²	3.3	0.7	0.7	2	2.8	3.598	4.383	5.069
Rate of return	1.3%	0.55%	0.38%	0.84%	1.66%	2.53%	3.08%	3.56%
EPS ²	10.9	3.34	-0.42	4.28	7.51	9.43	11.69	13.79
Distribution rate	30.3%	21%	-167%	46.7%	37.3%	38.2%	37.5%	36.7%
Net sales ¹	21,234	22,511	21,427	23,683	24,811	26,929	28,886	31,061
EBITDA ¹	3,135	2,044	1,480	2,545	3,210	3,594	4,097	4,487
EBIT ¹	1,986	669	268	1,337	2,056	2,407	2,905	3,253
Net income ¹	2,116	612	-75	764	1,340	1,625	1,980	2,272
Net Debt ¹	-1,333	2,675	1,548	3,132	3,937	3,925	3,751	3,524
Reference price ²	253.20	127.46	184.16	236.80	169.05	142.40	142.40	142.40
Nbr of stocks (in thousands)	191,595	193,215	178,549	178,549	178,549	173,979	-	-
Announcement Date	9/3/22	8/3/23	31/1/24	4/3/25	3/3/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NIKE, INC.	21.49x	1.22x	14.61x	4.58%	53.94B
ADIDAS AG	15.1x	1.07x	8.2x	2.53%	28.44B
ASICS CORPORATION	22.61x	2.74x	12.48x	1.08%	18.64B
ON HOLDING AG	18.51x	1.79x	9x	-.--%	9.13B
FENG TAY ENTERPRISES CO., LTD.	15.81x	0.84x	7.87x	5.2%	2.14B
XTEP INTERNATIONAL HOLDINGS LIMITED	7.19x	0.35x	2.31x	7.43%	1.22B
361 DEGREES INTERNATIONAL LIMITED	5.52x	0.32x	1.91x	7.92%	1.21B
VULCABRAS S.A.	6.95x	1.21x	5.7x	11.49%	816M
Average	14.15x	1.19x	7.76x	5.03%	14.44B
Weighted average by Cap.	19.34x	1.45x	11.79x	3.27%