ADIDAS AG

ADS
Real-time Estimate Quote. Real-time Estimate  - 09/28 03:59:57 pm
130.84EUR +2.78%
Valuation
Fiscal Period: December 2021 2022
Capitalization1 48 51223 631
Enterprise Value (EV)1 47 17923 409
P/E ratio 23,2x18,7x
Yield 1,30%2,39%
Capitalization / Revenue 2,28x1,00x
EV / Revenue 2,22x0,99x
EV / EBITDA 15,0x8,06x
Price to Book 6,54x3,74x
Nbr of stocks (in thousands) 191 595181 441
Reference price (EUR) 253130
Announcement Date 03/09/2022-
Previous period Next period
1 EUR in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2021 2022
Net sales1 21 23423 578
EBITDA1 3 1352 904
Operating profit (EBIT)1 1 9861 677
Operating Margin 9,35%7,11%
Pre-Tax Profit (EBT)1 1 8521 508
Net income1 2 1161 315
Net margin 9,97%5,58%
EPS2 10,96,97
Dividend per Share2 3,303,12
Announcement Date 03/09/2022-
Previous period Next period
1 EUR in Million
2 EUR
Estimates
Finances - Leverage
Fiscal Period: December 2021 2022
Net Debt1 --
Net Cash position1 1 333222
Leverage (Debt / EBITDA) -0,43x-0,08x
Free Cash Flow1 2 5251 276
ROE (Net Profit / Equities) 30,3%18,3%
Shareholders' equity1 6 9877 183
ROA (Net Profit / Asset) 9,80%5,77%
Assets1 21 59522 787
Book Value Per Share2 38,734,8
Cash Flow per Share2 16,410,2
Capex1 667754
Capex / Sales 3,14%3,20%
Announcement Date 03/09/2022-
Previous period Next period
1 EUR in Million
2 EUR
Estimates
Financial Ratios
Size 2022e 2023e
Capitalization 23 631 M € -
Enterprise Value (EV) 23 409 M € 23 695 M €
Valuation 2022e 2023e
P/E ratio (Price / EPS) 18,7x 15,1x
Capitalization / Revenue 1,00x 0,92x
EV / Revenue 0,99x 0,92x
EV / EBITDA 8,06x 6,74x
Yield (DPS / Price) 2,39% 2,74%
Price to book (Price / BVPS) 3,74x 3,58x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 7,11% 8,61%
Operating Leverage (Delta EBIT / Delta Sales) - 3,72x
Net Margin (Net Profit / Revenue) 5,58% 6,23%
ROA (Net Profit / Asset) 5,77% 7,48%
ROE (Net Profit / Equities) 18,3% 23,3%
Rate of Dividend 44,7% 41,4%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   3,20% 3,20%
Cash Flow / CA 7,87% 10,9%
Capital Intensity (Assets / Revenue) 0,97x 0,83x
Financial Leverage (Net Debt / EBITDA) - 0,02x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend