Added to YB: 2025-10-27
Pitch date: 2025-10-23
ADS.DE [bullish]
adidas AG
-11.84%
current return
Author Info
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Company Info
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, North America, Greater China, Latin America, Japan, and South Korea.
Market Cap
EUR 33.8B
Pitch Price
EUR 190.00
Price Target
N/A
Dividend
1.06%
EV/EBITDA
12.91
P/E
28.44
EV/Sales
1.56
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Adidas (ADS Germany): Brand momentum back in stride, execution finally catching up
ADS.DE (quick overview): Q3 double-digit growth across regions/categories, EBIT +20% YOY to 11%+ margin, guidance raised to €2B EBIT. Brand turnaround accelerating w/ core franchise demand & cost discipline. Trades 15x forward P/E, below its historical avg. NA competition risk but Europe/APAC strong.
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