As of 2026-04-24, the Intrinsic Value of Adidas AG (ADS.DE) is 136.61 EUR. This ADS.DE valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 138.10 EUR, the upside of Adidas AG is -1.10%.
The range of the Intrinsic Value is 89.35 - 276.50 EUR
Based on its market price of 138.10 EUR and our intrinsic valuation, Adidas AG (ADS.DE) is overvalued by 1.10%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 89.35 - 276.50 | 136.61 | -1.1% |
| DCF (Growth 10y) | 114.06 - 329.75 | 168.96 | 22.3% |
| DCF (EBITDA 5y) | 117.14 - 162.61 | 134.71 | -2.5% |
| DCF (EBITDA 10y) | 134.06 - 197.24 | 159.12 | 15.2% |
| Fair Value | 185.97 - 185.97 | 185.97 | 34.66% |
| P/E | 148.36 - 201.00 | 173.07 | 25.3% |
| EV/EBITDA | 107.80 - 176.02 | 148.04 | 7.2% |
| EPV | 67.77 - 104.53 | 86.15 | -37.6% |
| DDM - Stable | 63.12 - 215.80 | 139.46 | 1.0% |
| DDM - Multi | 79.97 - 211.03 | 115.80 | -16.1% |
| Market Cap (mil) | 24,858.00 |
| Beta | 1.24 |
| Outstanding shares (mil) | 180.00 |
| Enterprise Value (mil) | 28,795.00 |
| Market risk premium | 5.10% |
| Cost of Equity | 8.68% |
| Cost of Debt | 4.25% |
| WACC | 7.63% |