Adolfo Dominguez SA (ADZ) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Adolfo Dominguez SA stock €3.90, price €6.85, that is 43.1% below the price, quality 60 out of 100. Rating: strongly overvalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range €3.35 – €7.05 · fair‑value band €2.93 – €4.88 · the €6.85 price screens above the €3.90 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Adolfo Domínguez, S.A. engages in the design, manufacture, acquisition, sale, marketing, retail, import, and export of ready-made garments, footwear, handbags and accessories, household linen, furniture, and decorative objects.
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It provides products, such as knitwear, dress, trousers, coats, shirts, and outerwear for man and women. It offers its products through physical stores and online sales channels under the Adolfo Domínguez brand. As of February 28, 2022, the company operates through a network of 371 points of sales.
It operates in Europe, Mexico, Japan, and internationally. The company was formerly known as Nuevas Franquicias, S.A. and changed its name to Adolfo Domínguez, S.A. in November 1996. Adolfo Domínguez, S.A. was founded in 1950 and is based in Ourense, Spain.
Stock analysis
Adolfo Dominguez SA (ADZ) currently trades at €6.85, while our model-based Fair Value estimate is €3.90, 43% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of €18.80 per share, and 11 of the 21 models we run sit above the €6.85 price.
Bear case: the Asset-Based group reads lowest at €1.29, and 10 of the 21 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €2.93 (bear) to €4.88 (bull), the price of €6.85 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Adolfo Dominguez SA reported revenue of €139M in FY2026 versus €92.1M in FY2022, a compound +10.9%/yr. Reported net income was €1.6M in FY2026.
Key figures
Market cap €63.4M Micro · P/E ratio 38.6 · P/S ratio 0.46 · EPS (TTM) €0.1774 · Net margin 1.2% · Return on equity 9.0% · Return on assets (EBIT) −0.9% (5-year average) · Operating margin 6.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).
What moves the price
The share trades about 3% below its 52-week high and 44% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −7% fair-value upside, at −43%, ADZ screens richer than that median.
Fair Value models
Bear€2.93Fair Value €3.90Bull€4.88
Price €6.85 · Downside -43.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 8 months old). Earnings retained since then (€0.1253 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+1.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.1%
Start year 2021 (pandemic). Over 10 years: +2.8% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−17.2%
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What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
≈ −2.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−2.4%
Dividend (yield on the price)0.0%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−27% → 2%
⚠ Rate on operating basis: 2026 sits 124% above its own trend.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−20.7%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about −22.4% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Apparel Manufacturing · 212 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score60 · Above median
Fair Value upside−43.1% · Below median
Profitability
Return on equity (12 months)9.0% · Above median
Return on assets1.5% · Below median
Net margin (12 months)1.2% · Below median
Operating margin (12 months)6.6% · Above median
Growth and dividend
Revenue growth (quarter YoY)−1.1% · Below median
Balance sheet
Debt / equity0.01× · Below median
Valuation Multiplesvs Apparel Manufacturing median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Adolfo Dominguez SA Fair Value". https://www.fairvalue-calculator.com/stock/ADZ
Frequently asked questions
Is Adolfo Dominguez SA (ADZ) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of €3.90 versus a price of €6.85, about 43% lower (overvalued).
What is the fair value of ADZ?
Our model-based fair value for Adolfo Dominguez SA is €3.90 (as of Nov 9, 2026), built from audited fundamentals. The current price: €6.85.
What is the quality score of ADZ?
Adolfo Dominguez SA has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Adolfo Dominguez SA (ADZ)?
Our model-based price target is the fair value of €3.90 (as of Nov 9, 2026) from 22 valuation models. Cautious scenario €2.93, optimistic scenario €4.88. It is a calculation from audited fundamentals, not an analyst target.
What is the Adolfo Dominguez SA stock forecast for 2026?
Our models put fair value at €3.90, about 43% lower versus a price of €6.85 (overvalued). Cautious scenario €2.93, optimistic scenario €4.88. The calculation is refreshed regularly with new filings.
What is the revenue of Adolfo Dominguez SA (ADZ)?
Adolfo Dominguez SA reported trailing-twelve-month revenue of about €139M (latest available figure, as of Nov 9, 2026).
What growth is priced into Adolfo Dominguez SA (ADZ)?
For today's price to be fair in a discounted-cash-flow model, Adolfo Dominguez SA would have to grow free cash flow by -20.7 % per year for five years (discount rate 12.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +16.1 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of ADZ use?
Our models discount Adolfo Dominguez SA at 12.6 %: a base by market capitalisation (micro), damped by beta 0.45, country premium for Spain. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Adolfo Dominguez SA that is -20.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.6 %) and the same formula as our fair value.
How much growth has Adolfo Dominguez SA (ADZ) delivered so far?
Over the past 5 years revenue at Adolfo Dominguez SA grew +16.1 % a year. The price currently implies free-cash-flow growth of -20.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Adolfo Dominguez SA (ADZ) growing?
The median revenue growth in the sector is +4.8 % a year. That is the yardstick for the growth priced into Adolfo Dominguez SA (-20.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Adolfo Dominguez SA (ADZ)?
The free-cash-flow yield on the price is 32.09 %: that much free cash flow Adolfo Dominguez SA produces per unit of market value. When it exceeds the discount rate of our models (12.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Adolfo Dominguez SA (ADZ)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Adolfo Dominguez SA it is €3.90 per share (as of Nov 9, 2026), against a price of €6.85. It is the blended result of 22 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Adolfo Dominguez SA stock overvalued or undervalued in 2026?
As of Nov 9, 2026, ADZ trades above its calculated fair value: price €6.85, fair value €3.90, a gap of about −43% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ADZ?
No. The price is what the market pays today (€6.85); the fair value is what the company's own numbers justify (€3.90). For Adolfo Dominguez SA the two are €2.95 per share apart. That gap is exactly why we show both numbers side by side.
How much is Adolfo Dominguez SA worth?
The market values Adolfo Dominguez SA at about €63.4M (market capitalisation, as of Nov 9, 2026). Per share that is €6.85; our models calculate a fair value of €3.90 per share.
What do the bullish and bearish scenarios say about ADZ?
Our models span a range for Adolfo Dominguez SA: cautious scenario €2.93, base €3.90, optimistic €4.88 per share (as of Nov 9, 2026, price €6.85). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ADZ?
Adolfo Dominguez SA trades at a price-to-earnings ratio of 38.6 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €3.90 is built from several models across several years. Other multiples: PEG 0.4, P/B 3.2, P/S 0.5, EV/EBITDA 7.5.
What is the PEG ratio of ADZ?
The PEG ratio of Adolfo Dominguez SA is 0.38 (P/E divided by earnings growth, as of Nov 9, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Adolfo Dominguez SA (ADZ)?
Balance-sheet figures for Adolfo Dominguez SA (as of Nov 9, 2026): return on equity 9.0%, debt of 0.01 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is ADZ from its 52-week high?
Adolfo Dominguez SA trades at €6.85, about 3% below its 52-week high of €7.05 and 44% above the low of €4.76 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of €3.90 is for.
Which stocks are comparable to Adolfo Dominguez SA?
From the same area (Consumer Cyclical) we also value Ralph Lauren Corporation, Moncler S.p.A, LPP SA, Levi Strauss & Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Adolfo Dominguez SA stock attractive at the current price?
The data as of Nov 9, 2026: price €6.85, calculated fair value €3.90 (−43%), Quality Score 60/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ADZ calculated?
We run Adolfo Dominguez SA through 22 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €3.90 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Adolfo Dominguez SA itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Adolfo Dominguez SA (ADZ)?
The closing price on Nov 9, 2026 was €6.85. Our model-based fair value is €3.90, about 43% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Adolfo Dominguez SA right now?
The price sits above even our optimistic bull case (€4.88). The favourable scenario is already priced in. Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Adolfo Dominguez SA
How large is the market capitalisation of Adolfo Dominguez SA (ADZ)?
The market capitalisation of Adolfo Dominguez SA is €63.4M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Adolfo Dominguez SA (ADZ)?
The price-to-sales ratio of Adolfo Dominguez SA is 0.46 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Adolfo Dominguez SA (ADZ)?
Earnings per share at Adolfo Dominguez SA are €0.1774 (price ÷ EPS = P/E 38.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Adolfo Dominguez SA (ADZ)?
The net margin of Adolfo Dominguez SA is 1.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Adolfo Dominguez SA (ADZ)?
The return on equity (ROE) of Adolfo Dominguez SA is 9.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Adolfo Dominguez SA (ADZ)?
On an EBIT basis the return on assets of Adolfo Dominguez SA is −0.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Adolfo Dominguez SA (ADZ)?
The operating margin of Adolfo Dominguez SA is 6.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Adolfo Dominguez SA (ADZ)?
Revenue at Adolfo Dominguez SA is growing −1.1% versus a year earlier (3y avg +6.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Adolfo Dominguez SA (ADZ)?
Earnings per share at Adolfo Dominguez SA are growing +0.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Adolfo Dominguez SA (ADZ) carry?
The net debt of Adolfo Dominguez SA is €43.9M (fiscal year 2026, ≈ 2.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 9, 2026