adidas AGWAR:ADS 68 Market Cap is zł138,218 Mil as of Jun. 27, 2026. GuruFocus rates WAR:ADS with a GF Score™ of 68/100 and a GF Value™ of zł860.58 (Modestly Undervalued). Among 1,086 Manufacturing - Apparel & Accessories companies, adidas AG ranks better than 99.82% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). adidas AG's share price for the quarter that ended in Mar. 2026 was zł585.4. adidas AG's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 177 Mil. Therefore, adidas AG's market cap for the quarter that ended in Mar. 2026 was zł103,820 Mil.
adidas AG's quarterly market cap
declined
from Sep. 2025 (zł140,216 Mil) to Dec. 2025 (zł127,960 Mil) and
declined
from Dec. 2025 (zł127,960 Mil) to Mar. 2026 (zł103,820 Mil).
adidas AG's annual market cap
increased
from Dec. 2023 (zł149,428 Mil) to Dec. 2024 (zł180,067 Mil) but then
declined
from Dec. 2024 (zł180,067 Mil) to Dec. 2025 (zł127,960 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. adidas AG's Enterprise Value for Today is zł158,879 Mil.
adidas AG (WAR:ADS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
adidas AG Market Cap Related Terms
adidas AG Market Cap Historical Data
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The historical data trend for adidas AG's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's Market Cap distribution charts can be found below:
* The bar in red indicates where adidas AG's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
adidas AG's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (WAR:ADS) has a Market Cap of zł138,218 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on adidas AG and its competitors. According to the industry distribution chart, adidas AG ranks #2 out of 1086 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.2%.
Is adidas AG's Market Cap too high?
adidas AG's current Market Cap is zł138,218 Mil. Based on the distribution chart, adidas AG ranks #2 out of 1086 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, adidas AG has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does adidas AG's Market Cap compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, adidas AG ranks #2 out of 1086 companies for Market Cap. This places adidas AG in the top 0% of its industry — outperforming the majority of peers. The industry median Market Cap is 44.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Manufacturing - Apparel & Accessories company?
The median Market Cap among Manufacturing - Apparel & Accessories companies is 44.69, based on 1,086 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on adidas AG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Market Cap is 44.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. adidas AG's current Market Cap is zł138,218 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 (WAR:ADS) is currently considered Modestly Undervalued. The stock's GF Value™ is zł860.58, compared to a current price of zł731.00 — trading 15.1% below its estimated fair value. The current Market Cap is zł138,218 Mil. adidas AG's overall GF Score™ is 68/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For adidas AG (WAR:ADS), the current Market Cap is zł138,218 Mil as of Jun. 27, 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 (WAR:ADS) Overvalued in 2026?
Based on GuruFocus' analysis, adidas AG stock appears to be undervalued.
The current stock price of zł731.00 is trading 15.1% below its estimated GF Value™ of zł860.58.
GuruFocus considers adidas AG to be Modestly Undervalued.
Key valuation signals for WAR:ADS:
Market Cap: zł138,218 Mil
GF Value™: zł860.58 vs. price of zł731.00 (15.1% below fair value)
No single metric tells the full story. See the WAR: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.
68GF Score
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