adidas AG (XSWX:ADS) Beginning Cash Position: CHF1,472 Mil (As of Mar. 2026)


XSWX:ADS adidas AG XSWX:ADS
82 GF Score
Price CHF166.20
GF Value CHF192.45
Valuation Modestly Undervalued
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What is adidas AG Beginning Cash Position?

adidas AG XSWX:ADS +2.59% 82 Beginning Cash Position is CHF1,472 Mil as of Mar. 2026. GuruFocus rates XSWX:ADS with a GF Score™ of 82/100 and a GF Value™ of CHF192.45 (Modestly Undervalued).

adidas AG's Beginning Cash Position for the quarter that ended in Mar. 2026 was CHF1,472 Mil.

adidas AG's quarterly Beginning Cash Position increased from Sep. 2025 (CHF718 Mil) to Dec. 2025 (CHF961 Mil) and increased from Dec. 2025 (CHF961 Mil) to Mar. 2026 (CHF1,472 Mil).

adidas AG's annual Beginning Cash Position increased from Dec. 2023 (CHF752 Mil) to Dec. 2024 (CHF1,336 Mil) and increased from Dec. 2024 (CHF1,336 Mil) to Dec. 2025 (CHF2,291 Mil).

adidas AG Beginning Cash Position Related Terms

adidas AG Beginning Cash Position Historical Data

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The historical data trend for adidas AG's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

adidas AG Beginning Cash Position Chart

adidas AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,156.47 3,734.30 751.63 1,336.00 2,290.85

adidas AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,345.12 1,343.14 717.61 961.13 1,471.75
XSWX:ADS
82GF Score
adidas AG XSWX:ADS
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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adidas AG Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of CHF1,472 Mil mean?
adidas AG (XSWX:ADS) has a Beginning Cash Position of CHF1,472 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on adidas AG and its competitors.
Is adidas AG's Beginning Cash Position too high?
adidas AG's current Beginning Cash Position is CHF1,472 Mil. Overall, adidas AG has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does adidas AG's Beginning Cash Position compare to NKE and DECK?
adidas AG's Beginning Cash Position of CHF1,472 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Manufacturing - Apparel & Accessories company?
A good Beginning Cash Position depends on the Manufacturing - Apparel & Accessories industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on adidas AG and its competitors. adidas AG's current Beginning Cash Position is CHF1,472 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is adidas AG stock overvalued right now?
Based on GuruFocus' analysis, adidas AG (XSWX:ADS) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF192.45, compared to a current price of CHF166.20 — trading 13.6% below its estimated fair value. The current Beginning Cash Position is CHF1,472 Mil. adidas AG's overall GF Score™ is 82/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For adidas AG (XSWX:ADS), the current Beginning Cash Position is CHF1,472 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is adidas AG (XSWX:ADS) Overvalued in 2026?

Based on GuruFocus' analysis, adidas AG stock appears to be undervalued. The current stock price of CHF166.20 is trading 13.6% below its estimated GF Value™ of CHF192.45. GuruFocus considers adidas AG to be Modestly Undervalued.

Key valuation signals for XSWX:ADS:

  • Beginning Cash Position: CHF1,472 Mil
  • GF Value™: CHF192.45 vs. price of CHF166.20 (13.6% below fair value)
  • GF Score™: 82/100

No single metric tells the full story. See the XSWX:ADS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

adidas AG Business Description

Address Adi-Dassler-Strasse 1, Herzogenaurach, BY, DEU, 91074
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through about 2,000 owned retail stores, 15,000 Adidas-branded franchise stores (including about 8,000 in China), 150,000 wholesale doors, and an owned e-commerce site that is available in 67 countries. The company was founded in 1949 in Germany.
82GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF166.20
Price
CHF192.45
GF Value