It’s trading around 9.6% below our intrinsic value, which means if you buy adidas today, you’d be paying a reasonable price for it. And if you believe the company’s true value is €238.10, then there’s ...
adidas has an accrual ratio of -0.27 for the year to September 2024. That indicates that its free cash flow quite significantly exceeded its statutory profit. Indeed, in the last twelve months it ...