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adidas AG (MEX:ADS N) Cyclically Adjusted Price-to-FCF : 25.93 (As of Jun. 05, 2025)


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What is adidas AG Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), adidas AG's current share price is MXN4644.78. adidas AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN179.16. adidas AG's Cyclically Adjusted Price-to-FCF for today is 25.93.

The historical rank and industry rank for adidas AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:ADS N' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18   Med: 55.78   Max: 86.05
Current: 29.4

During the past years, adidas AG's highest Cyclically Adjusted Price-to-FCF was 86.05. The lowest was 18.00. And the median was 55.78.

MEX:ADS N's Cyclically Adjusted Price-to-FCF is ranked worse than
70.75% of 359 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 15.6 vs MEX:ADS N: 29.40

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

adidas AG's adjusted free cash flow per share data for the three months ended in Mar. 2025 was MXN-123.897. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is MXN179.16 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


adidas AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for adidas AG's Cyclically Adjusted Price-to-FCF 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.

* Premium members only.

adidas AG Cyclically Adjusted Price-to-FCF Chart

adidas AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.29 44.88 24.73 28.81 30.42

adidas AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 31.21 31.54 31.25 30.42 29.02

Competitive Comparison of adidas AG's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, adidas AG's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


adidas AG's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where adidas AG's Cyclically Adjusted Price-to-FCF falls into.


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adidas AG Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

adidas AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4644.78/179.16
=25.93

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, adidas AG's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-123.897/127.7792*127.7792
=-123.897

Current CPI (Mar. 2025) = 127.7792.

adidas AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 12.120 100.417 15.423
201509 15.592 100.417 19.841
201512 53.709 99.717 68.824
201603 -30.943 100.017 -39.532
201606 6.287 100.717 7.976
201609 30.783 101.017 38.938
201612 72.439 101.217 91.449
201703 -64.671 101.417 -81.482
201706 56.249 102.117 70.384
201709 39.843 102.717 49.564
201712 69.750 102.617 86.853
201803 -13.690 102.917 -16.997
201806 80.030 104.017 98.312
201809 73.649 104.718 89.869
201812 80.317 104.217 98.475
201903 34.410 104.217 42.190
201906 49.953 105.718 60.377
201909 48.755 106.018 58.763
201912 96.207 105.818 116.174
202003 -127.307 105.718 -153.874
202006 -10.777 106.618 -12.916
202009 -18.983 105.818 -22.923
202012 276.293 105.518 334.584
202103 5.363 107.518 6.374
202106 116.012 108.486 136.644
202109 82.406 109.435 96.220
202112 105.364 110.384 121.969
202203 -64.618 113.968 -72.449
202206 -25.693 115.760 -28.361
202209 -53.277 118.818 -57.295
202212 10.531 119.345 11.275
202303 -67.060 122.402 -70.006
202306 94.158 123.140 97.705
202309 102.723 124.195 105.688
202312 80.078 123.773 82.670
202403 -25.101 125.038 -25.651
202406 92.415 125.882 93.808
202409 102.156 126.198 103.436
202412 115.222 127.041 115.891
202503 -123.897 127.779 -123.897

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


adidas AG  (MEX:ADS N) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


adidas AG Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of adidas AG's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


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 1,900 owned retail stores, 15,000 mono-branded franchise stores, 150,000 wholesale doors, and owned e-commerce that is available in 67 countries. The company was founded in 1949 in Germany.

adidas AG Headlines

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