ADIDAS AG (ADS.DE) Stock Fundamental Analysis

FRA:ADS • DE000A1EWWW0

154.95 EUR
+1.4 (+0.91%)
Last: Feb 13, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

ADS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 44 industry peers in the Textiles, Apparel & Luxury Goods industry. ADS has only an average score on both its financial health and profitability. ADS has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • ADS had positive earnings in the past year.
  • In the past year ADS had a positive cash flow from operations.
  • Of the past 5 years ADS 4 years were profitable.
  • ADS had a positive operating cash flow in 4 of the past 5 years.
ADS.DE Yearly Net Income VS EBIT VS OCF VS FCFADS.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B 3B

1.2 Ratios

  • ADS has a Return On Assets of 6.05%. This is comparable to the rest of the industry: ADS outperforms 52.27% of its industry peers.
  • The Return On Equity of ADS (21.39%) is better than 75.00% of its industry peers.
  • ADS has a Return On Invested Capital of 12.46%. This is in the better half of the industry: ADS outperforms 70.45% of its industry peers.
  • ADS had an Average Return On Invested Capital over the past 3 years of 5.19%. This is significantly below the industry average of 13.15%.
  • The 3 year average ROIC (5.19%) for ADS is below the current ROIC(12.46%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 6.05%
ROE 21.39%
ROIC 12.46%
ROA(3y)2.1%
ROA(5y)3.58%
ROE(3y)8.19%
ROE(5y)11.88%
ROIC(3y)5.19%
ROIC(5y)6.3%
ADS.DE Yearly ROA, ROE, ROICADS.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

1.3 Margins

  • ADS's Profit Margin of 4.94% is in line compared to the rest of the industry. ADS outperforms 47.73% of its industry peers.
  • In the last couple of years the Profit Margin of ADS has declined.
  • The Operating Margin of ADS (7.89%) is worse than 61.36% of its industry peers.
  • In the last couple of years the Operating Margin of ADS has declined.
  • ADS has a worse Gross Margin (51.36%) than 70.45% of its industry peers.
  • ADS's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 7.89%
PM (TTM) 4.94%
GM 51.36%
OM growth 3Y-17.1%
OM growth 5Y-14.1%
PM growth 3Y-31.34%
PM growth 5Y-17.34%
GM growth 3Y0.05%
GM growth 5Y-0.48%
ADS.DE Yearly Profit, Operating, Gross MarginsADS.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • ADS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • Compared to 1 year ago, ADS has about the same amount of shares outstanding.
  • Compared to 5 years ago, ADS has less shares outstanding
  • ADS has a better debt/assets ratio than last year.
ADS.DE Yearly Shares OutstandingADS.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
ADS.DE Yearly Total Debt VS Total AssetsADS.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • ADS has an Altman-Z score of 3.25. This indicates that ADS is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.25, ADS is in the better half of the industry, outperforming 61.36% of the companies in the same industry.
  • ADS has a debt to FCF ratio of 14.32. This is a negative value and a sign of low solvency as ADS would need 14.32 years to pay back of all of its debts.
  • ADS has a Debt to FCF ratio of 14.32. This is in the lower half of the industry: ADS underperforms 72.73% of its industry peers.
  • A Debt/Equity ratio of 0.74 indicates that ADS is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.74, ADS perfoms like the industry average, outperforming 43.18% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.74
Debt/FCF 14.32
Altman-Z 3.25
ROIC/WACC1.84
WACC6.78%
ADS.DE Yearly LT Debt VS Equity VS FCFADS.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

2.3 Liquidity

  • ADS has a Current Ratio of 1.31. This is a normal value and indicates that ADS is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of ADS (1.31) is worse than 70.45% of its industry peers.
  • A Quick Ratio of 0.71 indicates that ADS may have some problems paying its short term obligations.
  • ADS has a Quick ratio of 0.71. This is in the lower half of the industry: ADS underperforms 65.91% of its industry peers.
Industry RankSector Rank
Current Ratio 1.31
Quick Ratio 0.71
ADS.DE Yearly Current Assets VS Current LiabilitesADS.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 731.34% over the past year.
  • The earnings per share for ADS have been decreasing by -15.76% on average. This is quite bad
  • ADS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.53%.
  • Measured over the past years, ADS shows a small growth in Revenue. The Revenue has been growing by 0.04% on average per year.
EPS 1Y (TTM)731.34%
EPS 3Y-17.56%
EPS 5Y-15.76%
EPS Q2Q%N/A
Revenue 1Y (TTM)10.53%
Revenue growth 3Y3.71%
Revenue growth 5Y0.04%
Sales Q2Q%1.86%

3.2 Future

  • ADS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.23% yearly.
  • ADS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.45% yearly.
EPS Next Y80.51%
EPS Next 2Y59.82%
EPS Next 3Y44.22%
EPS Next 5Y30.23%
Revenue Next Year6.1%
Revenue Next 2Y7.08%
Revenue Next 3Y7.54%
Revenue Next 5Y7.45%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
ADS.DE Yearly Revenue VS EstimatesADS.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B 40B
ADS.DE Yearly EPS VS EstimatesADS.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 5 10 15 20

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 36.63, the valuation of ADS can be described as expensive.
  • ADS's Price/Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 27.97, ADS is valued a bit more expensive.
  • With a Price/Forward Earnings ratio of 14.34, ADS is valued correctly.
  • Based on the Price/Forward Earnings ratio, ADS is valued a bit cheaper than the industry average as 77.27% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of ADS to the average of the S&P500 Index (27.96), we can say ADS is valued slightly cheaper.
Industry RankSector Rank
PE 36.63
Fwd PE 14.34
ADS.DE Price Earnings VS Forward Price EarningsADS.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • ADS's Enterprise Value to EBITDA is on the same level as the industry average.
  • Based on the Price/Free Cash Flow ratio, ADS is valued a bit more expensive than the industry average as 77.27% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 73.59
EV/EBITDA 9.83
ADS.DE Per share dataADS.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • ADS's earnings are expected to grow with 44.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.45
PEG (5Y)N/A
EPS Next 2Y59.82%
EPS Next 3Y44.22%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • ADS has a Yearly Dividend Yield of 1.32%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.21, ADS has a dividend in line with its industry peers.
  • Compared to the average S&P500 Dividend Yield of 1.79, ADS is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.32%

5.2 History

  • The dividend of ADS decreases each year by -26.93%.
Dividend Growth(5Y)-26.93%
Div Incr Years0
Div Non Decr Years2
ADS.DE Yearly Dividends per shareADS.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • 29.29% of the earnings are spent on dividend by ADS. This is a low number and sustainable payout ratio.
DP29.29%
EPS Next 2Y59.82%
EPS Next 3Y44.22%
ADS.DE Yearly Income VS Free CF VS DividendADS.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B
ADS.DE Dividend Payout.ADS.DE Dividend Payout, showing the Payout Ratio.ADS.DE Dividend Payout.PayoutRetained Earnings

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ADIDAS AG

FRA:ADS (2/13/2026, 7:00:00 PM)

154.95

+1.4 (+0.91%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)10-30
Earnings (Next)03-04
Inst Owners54.91%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap27.89B
Revenue(TTM)23.68B
Net Income(TTM)1.22B
Analysts80.57
Price Target228.91 (47.73%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.32%
Yearly Dividend0.7
Dividend Growth(5Y)-26.93%
DP29.29%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.21%
Min EPS beat(2)-3.88%
Max EPS beat(2)3.46%
EPS beat(4)3
Avg EPS beat(4)5.26%
Min EPS beat(4)-3.88%
Max EPS beat(4)15.64%
EPS beat(8)5
Avg EPS beat(8)1.66%
EPS beat(12)8
Avg EPS beat(12)13.15%
EPS beat(16)11
Avg EPS beat(16)9.67%
Revenue beat(2)0
Avg Revenue beat(2)-3.83%
Min Revenue beat(2)-5.34%
Max Revenue beat(2)-2.31%
Revenue beat(4)1
Avg Revenue beat(4)-1.55%
Min Revenue beat(4)-5.34%
Max Revenue beat(4)2.63%
Revenue beat(8)2
Avg Revenue beat(8)-1.26%
Revenue beat(12)5
Avg Revenue beat(12)-0.62%
Revenue beat(16)6
Avg Revenue beat(16)-0.7%
PT rev (1m)-2.28%
PT rev (3m)-6.03%
EPS NQ rev (1m)12.45%
EPS NQ rev (3m)13.85%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-0.41%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.38%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.01%
Valuation
Industry RankSector Rank
PE 36.63
Fwd PE 14.34
P/S 1.13
P/FCF 73.59
P/OCF 30.62
P/B 4.89
P/tB 6.86
EV/EBITDA 9.83
EPS(TTM)4.23
EY2.73%
EPS(NY)10.81
Fwd EY6.97%
FCF(TTM)2.11
FCFY1.36%
OCF(TTM)5.06
OCFY3.27%
SpS137.22
BVpS31.66
TBVpS22.58
PEG (NY)0.45
PEG (5Y)N/A
Graham Number54.89
Profitability
Industry RankSector Rank
ROA 6.05%
ROE 21.39%
ROCE 17.7%
ROIC 12.46%
ROICexc 14.73%
ROICexgc 17.86%
OM 7.89%
PM (TTM) 4.94%
GM 51.36%
FCFM 1.53%
ROA(3y)2.1%
ROA(5y)3.58%
ROE(3y)8.19%
ROE(5y)11.88%
ROIC(3y)5.19%
ROIC(5y)6.3%
ROICexc(3y)6.53%
ROICexc(5y)8.63%
ROICexgc(3y)8.14%
ROICexgc(5y)10.85%
ROCE(3y)7.37%
ROCE(5y)8.95%
ROICexgc growth 3Y-9.6%
ROICexgc growth 5Y-13.31%
ROICexc growth 3Y-10.88%
ROICexc growth 5Y-12.05%
OM growth 3Y-17.1%
OM growth 5Y-14.1%
PM growth 3Y-31.34%
PM growth 5Y-17.34%
GM growth 3Y0.05%
GM growth 5Y-0.48%
F-Score7
Asset Turnover1.23
Health
Industry RankSector Rank
Debt/Equity 0.74
Debt/FCF 14.32
Debt/EBITDA 1.34
Cap/Depr 45.32%
Cap/Sales 2.15%
Interest Coverage 8.36
Cash Conversion 29.17%
Profit Quality 31.09%
Current Ratio 1.31
Quick Ratio 0.71
Altman-Z 3.25
F-Score7
WACC6.78%
ROIC/WACC1.84
Cap/Depr(3y)45.61%
Cap/Depr(5y)45.44%
Cap/Sales(3y)2.57%
Cap/Sales(5y)2.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)731.34%
EPS 3Y-17.56%
EPS 5Y-15.76%
EPS Q2Q%N/A
EPS Next Y80.51%
EPS Next 2Y59.82%
EPS Next 3Y44.22%
EPS Next 5Y30.23%
Revenue 1Y (TTM)10.53%
Revenue growth 3Y3.71%
Revenue growth 5Y0.04%
Sales Q2Q%1.86%
Revenue Next Year6.1%
Revenue Next 2Y7.08%
Revenue Next 3Y7.54%
Revenue Next 5Y7.45%
EBIT growth 1Y115.84%
EBIT growth 3Y-14.03%
EBIT growth 5Y-14.07%
EBIT Next Year155.69%
EBIT Next 3Y51.76%
EBIT Next 5Y32.71%
FCF growth 1Y-70.96%
FCF growth 3Y-2.1%
FCF growth 5Y2.35%
OCF growth 1Y-49.25%
OCF growth 3Y-3.05%
OCF growth 5Y0.64%

ADIDAS AG / ADS.DE FAQ

What is the ChartMill fundamental rating of ADIDAS AG (ADS.DE) stock?

ChartMill assigns a fundamental rating of 4 / 10 to ADS.DE.


What is the valuation status for ADS stock?

ChartMill assigns a valuation rating of 4 / 10 to ADIDAS AG (ADS.DE). This can be considered as Fairly Valued.


What is the profitability of ADS stock?

ADIDAS AG (ADS.DE) has a profitability rating of 4 / 10.


What is the valuation of ADIDAS AG based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ADIDAS AG (ADS.DE) is 36.63 and the Price/Book (PB) ratio is 4.89.


Can you provide the dividend sustainability for ADS stock?

The dividend rating of ADIDAS AG (ADS.DE) is 3 / 10 and the dividend payout ratio is 29.29%.