adidas AGADDYY +1.99%86 EV-to-FCF is 42.00 as of Jun. 28, 2026, which is 62% above its 10-year median of 25.98. GuruFocus rates ADDYY with a GF Score™ of 86/100 and a GF Value™ of $121.67 (Modestly Undervalued). Among 641 Manufacturing - Apparel & Accessories companies, adidas AG ranks worse than 78% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, adidas AG's Enterprise Value is $42,238 Mil.
adidas AG's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,006 Mil. Therefore, adidas AG's EV-to-FCF for today is 42.00.
The historical rank and industry rank for adidas AG's EV-to-FCF or its related term are showing as below:
ADDYY'
s EV-to-FCF Range Over the Past 10 Years
Min: -363.89 Med: 25.98 Max: 187.15
Current: 43.53
During the past 13 years, the highest EV-to-FCF of adidas AG was 187.15. The lowest was -363.89. And the median was 25.98.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
adidas AG's share price for today is $103.35.
adidas AG's Earnings per Share (Diluted) 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 $4.549.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
adidas AG EV-to-FCF Related Terms
adidas AG EV-to-FCF Historical Data
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The historical data trend for adidas AG's EV-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.
For the Footwear & Accessories subindustry, adidas AG's EV-to-FCF, along with its competitors' market caps and EV-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 EV-to-FCF vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where adidas AG's EV-to-FCF falls into.
adidas AG's current Enterprise Value is $42,238 Mil.
adidas AG's Free Cash Flow 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 $1,006 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 (ADDYY) has a EV-to-FCF of 42.00 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on adidas AG and its competitors. This is 62% above median its historical median of 25.98. According to the industry distribution chart, adidas AG ranks #500 out of 641 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 78%.
Is adidas AG's EV-to-FCF too high?
adidas AG's current EV-to-FCF of 42.00 is 62% above median its 10-year median of 25.98. The Manufacturing - Apparel & Accessories industry median EV-to-FCF is 14.53. adidas AG's value of 42.00 is 189.1% above this industry median. Based on the distribution chart, adidas AG ranks #500 out of 641 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, adidas AG has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does adidas AG's EV-to-FCF compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, adidas AG ranks #500 out of 641 companies for EV-to-FCF. This places adidas AG in the lower half of its industry. The industry median EV-to-FCF is 14.53. adidas AG's value of 42.00 is 189.1% above this benchmark. While the company's 10-year median is 25.98 vs. the industry median of 14.53, 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-FCF for a Manufacturing - Apparel & Accessories company?
The median EV-to-FCF among Manufacturing - Apparel & Accessories companies is 14.53, based on 641 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. adidas AG's current EV-to-FCF of 42.00 is 189.1% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on adidas AG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-FCF is 14.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. adidas AG's current EV-to-FCF is 42.00, which is 62% above median its own 10-year median of 25.98. 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 (ADDYY) is currently considered Modestly Undervalued. The stock's GF Value™ is $121.67, compared to a current price of $103.35 — trading 15.1% below its estimated fair value. The current EV-to-FCF is 42.00, which is 62% above median its 10-year median of 25.98 and 189.1% above the Manufacturing - Apparel & Accessories industry median of 14.53. adidas AG's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For adidas AG (ADDYY), the current EV-to-FCF is 42.00 as of Jun. 28, 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 (ADDYY) Overvalued in 2026?
Based on GuruFocus' analysis, adidas AG stock appears to be undervalued.
The current stock price of $103.35 is trading 15.1% below its estimated GF Value™ of $121.67.
GuruFocus considers adidas AG to be Modestly Undervalued.
Key valuation signals for ADDYY:
EV-to-FCF: 42.00 (62% above median its 10-year median of 25.98)
GF Value™: $121.67 vs. price of $103.35 (15.1% below fair value)
Industry Position: 189.1% above the Manufacturing - Apparel & Accessories median (#500 of 641)
No single metric tells the full story. See the ADDYY 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.
86GF Score
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