adidas AGXSWX:ADS 82 EV-to-EBIT is 16.73 as of Jul. 12, 2026, which is 21% below its 10-year median of 21.09. GuruFocus rates XSWX:ADS with a GF Score™ of 82/100 and a GF Value™ of CHF192.07 (Modestly Undervalued). Among 802 Manufacturing - Apparel & Accessories companies, adidas AG ranks worse than 61.72% on this metric.
The historical rank and industry rank for adidas AG's EV-to-EBIT or its related term are showing as below:
XSWX:ADS'
s EV-to-EBIT Range Over the Past 10 Years
Min: -647.61 Med: 21.09 Max: 241.47
Current: 16.84
During the past 13 years, the highest EV-to-EBIT of adidas AG was 241.47. The lowest was -647.61. And the median was 21.09.
XSWX:ADS's EV-to-EBIT is ranked worse than 61.72% of 802
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 13.225
vs XSWX:ADS: 16.84
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
adidas AG's Enterprise Value for the quarter that ended in Mar. 2026 was CHF26,121 Mil.
adidas AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF2,042 Mil.
* 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 EV-to-EBIT Related Terms
adidas AG EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for adidas AG's EV-to-EBIT 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.
XSWX:ADS vs NKE, DECK, ONON: EV-to-EBIT Comparison
For the Footwear & Accessories subindustry, adidas AG's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where adidas AG's EV-to-EBIT falls into.
adidas AG's current Enterprise Value is CHF34,163 Mil.
adidas AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF2,042 Mil.
* 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 (XSWX:ADS) has a EV-to-EBIT of 16.73 as of Jul. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on adidas AG and its competitors. This is 21% below median its historical median of 21.09. According to the industry distribution chart, adidas AG ranks #495 out of 802 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 61.7%.
Is adidas AG's EV-to-EBIT too high?
adidas AG's current EV-to-EBIT of 16.73 is 21% below median its 10-year median of 21.09. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 13.23. adidas AG's value of 16.73 is 26.5% above this industry median. Based on the distribution chart, adidas AG ranks #495 out of 802 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. 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 EV-to-EBIT compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, adidas AG ranks #495 out of 802 companies for EV-to-EBIT. This places adidas AG in the lower half of its industry. The industry median EV-to-EBIT is 13.23. adidas AG's value of 16.73 is 26.5% above this benchmark. While the company's 10-year median is 21.09 vs. the industry median of 13.23, adidas AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Manufacturing - Apparel & Accessories company?
The median EV-to-EBIT among Manufacturing - Apparel & Accessories companies is 13.23, based on 802 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. adidas AG's current EV-to-EBIT of 16.73 is 26.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on adidas AG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 13.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. adidas AG's current EV-to-EBIT is 16.73, which is 21% below median its own 10-year median of 21.09. 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 CHF192.07, compared to a current price of CHF168.15 — trading 12.5% below its estimated fair value. The current EV-to-EBIT is 16.73, which is 21% below median its 10-year median of 21.09 and 26.5% above the Manufacturing - Apparel & Accessories industry median of 13.23. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For adidas AG (XSWX:ADS), the current EV-to-EBIT is 16.73 as of Jul. 12, 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 CHF168.15 is trading 12.5% below its estimated GF Value™ of CHF192.07.
GuruFocus considers adidas AG to be Modestly Undervalued.
Key valuation signals for XSWX:ADS:
EV-to-EBIT: 16.73 (21% below median its 10-year median of 21.09)
GF Value™: CHF192.07 vs. price of CHF168.15 (12.5% below fair value)
Industry Position: 26.5% above the Manufacturing - Apparel & Accessories median (#495 of 802)
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 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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