Adidas AG Financials
| ADDYY Stock | USD 117.23 6.22 5.60% |
With this module, you can analyze Adidas financials for your investing period. You should be able to track the changes in Adidas AG individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Adidas |
Understanding current and past Adidas AG Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Adidas AG's financial statements are interrelated, with each one affecting the others. For example, an increase in Adidas AG's assets may result in an increase in income on the income statement.
The data published in Adidas AG's official financial statements usually reflect Adidas AG's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Adidas AG ADR. For example, before you start analyzing numbers published by Adidas accountants, it's critical to develop an understanding of what Adidas AG's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Adidas AG's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Adidas AG's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Adidas AG's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Adidas AG ADR. Please utilize our Beneish M Score to check the likelihood of Adidas AG's management manipulating its earnings.
Adidas AG Stock Summary
Adidas AG competes with ASICS, Asics Corp, American Rebel, Crocs, and On Holding. 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.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| ISIN | US00687A1079 |
| Business Address | Adi-Dassler-Strasse 1, Herzogenaurach, |
| Sector | Consumer Cyclical |
| Industry | Footwear & Accessories |
| Benchmark | NYSE Composite |
| Website | www.adidas-group.com |
| Phone | 49 91 32 84 0 |
| Currency | USD - US Dollar |
You should never invest in Adidas AG without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Adidas OTC Stock, because this is throwing your money away. Analyzing the key information contained in Adidas AG's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Adidas AG Key Financial Ratios
Generally speaking, Adidas AG's financial ratios allow both analysts and investors to convert raw data from Adidas AG's financial statements into concise, actionable information that can be used to evaluate the performance of Adidas AG over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Adidas AG ADR reports annually and quarterly.| Return On Equity | 0.12 | |||
| Return On Asset | 0.0419 | |||
| Target Price | 145.42 |
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 ADR is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies 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 ADR is roughly 2.82 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Adidas AG by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Adidas AG's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 ADR Systematic Risk
Adidas AG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Adidas AG volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Adidas AG ADR correlated with the market. If Beta is less than 0 Adidas AG generally moves in the opposite direction as compared to the market. If Adidas AG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Adidas AG ADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Adidas AG is generally in the same direction as the market. If Beta > 1 Adidas AG moves generally in the same direction as, but more than the movement of the benchmark.
About Adidas AG Financials
What exactly are Adidas AG Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Adidas AG's income statement, its balance sheet, and the statement of cash flows. Potential Adidas AG investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Adidas AG investors may use each financial statement separately, they are all related. The changes in Adidas AG's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Adidas AG's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Adidas AG Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Adidas AG is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Adidas has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Adidas AG's financials are consistent with your investment objective using the following steps:- Review Adidas AG's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Adidas AG's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Adidas AG's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Adidas AG's stock is overvalued or undervalued.
Adidas AG April 17, 2024 Opportunity Range
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 ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Adidas AG ADR 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.
| Downside Deviation | 2.64 | |||
| Information Ratio | 0.1664 | |||
| Maximum Drawdown | 15.06 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 3.99 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adidas AG ADR. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Adidas OTC Stock analysis
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.
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