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Employees: 11,298
Size adesso (ADN1.DE) is a Germany Industrials company (Miscellaneous Commercial Services) with a market value of $513M, the 175th largest of 205 Germany companies the cockpit tracks. Shares closed at €70.10 on 6 Nov 2026.
Performance Over six months the shares gained 31.0%, against -3.8% for the median peer and +2.6% for the Germany market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 12.7% over the last twelve months (peer median +6.5%); the operating margin is 3.6% (peer median 12.7%).
Valuation It trades at 16.8× forward earnings against a peer median of 13.7× (6th most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +23%, so the hurdle is -21 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.6 points above its cost of capital (6.7% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €1.55B | €1.47B | €1.29B | €1.14B | €900M |
| Revenue growth | — | +14% | +13% | +26% | — |
| Gross profit | €202M | €196M | €157M | €147M | €135M |
| EBITDA | €134M | €117M | €86.5M | €73.2M | €73.8M |
| Net income | €18.2M | €18.1M | €2.65M | €3.21M | €28.6M |
| Free cash flow | €76.6M | €61.3M | €88.5M | €41.5M | €14.0M |
| Capital expenditure | €44.9M | €42.4M | €36.6M | €34.3M | €24.0M |
| Total debt | €398M | €331M | €288M | €286M | €220M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ADN1.DE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +12.2% | -2.2% | 2nd highest of 21 |
| 6-month return | +31.0% | -3.8% | 2nd highest of 21 |
| Distance from 52-week high | -28.2% | -18.9% | 8th lowest of 21 |
| Revenue growth (TTM) | +12.7% | +6.5% | 6th highest of 21 |
| Operating margin | 3.6% | 12.7% | 6th lowest of 21 |
| Forward P/E | 16.8× | 13.7× | 6th most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 2.1% | -3.3% | 7th most demanding of 16 |
| Growth delivered (Del g) | +22.9% | +11.3% | 4th highest of 16 |
| Hurdle (Req g minus delivered) | -20.8 pp | -5.9 pp | 5th least demanding of 16 |
| ROIC minus cost of capital | +0.6 pp | +2.8 pp | 9th lowest of 21 |
| EV / EBITDA | 6.0× | 7.9× | 4th cheapest of 13 |
| Net debt / EBITDA | 2.6× | -0.1× | 4th most indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| adesso ADN1.DE | Germany | $513M | +31% | +13% | 4% | 16.8× | 2.1% | +22.9% |
| Western Regions Tourism Development 300859.SZ | China | $513M | -30% | -13% | 15% | 25.4× | 38.8% | +44.7% |
| Pony Testing 300887.SZ | China | $513M | -35% | -2% | -12% | 31.4× | n/a | n/a |
| Prestige International 4290.T | Japan | $518M | -4% | +10% | 13% | 13.4× | -12.4% | +11.8% |
| Diversified Royalty DIV.TO | Canada | $507M | -6% | +15% | 86% | 17.7× | 13.0% | +18.3% |
| Italian Exhibition IEG.MI | Italy | $505M | +14% | +4% | 18% | 13.2× | -4.8% | +28.4% |
| MHA MHA.L | United Kingdom | $504M | -4% | +12% | 15% | 11.7× | -15.0% | +30.6% |
| Shanghai Model Organisms Center 688265.SS | China | $503M | +7% | +14% | -1% | n/a | n/a | n/a |
| Ocumension Therapeutics 1477.HK | Hong Kong | $525M | -29% | +78% | -13% | n/a | n/a | n/a |
| BTS BTS-B.ST | Sweden | $527M | +76% | -4% | 8% | 25.6× | 10.7% | +13.0% |
| Nippon Parking Development 2353.T | Japan | $527M | +8% | +11% | 21% | 13.8× | -7.8% | +11.3% |
| Hunan Airbluer Environmental Protection Technology 301259.SZ | China | $498M | -47% | -43% | -17% | n/a | n/a | n/a |
| Posti POSTI.HE | Finland | $529M | +31% | 0% | 5% | 13.2× | -5.4% | -1.4% |
| Academy of Environmental Planning & Design Co., Ltd. Nanjing University 300864.SZ | China | $531M | 0% | +5% | 18% | n/a | 9.3% | +10.6% |
| Sporton International 6146.TWO | Taiwan | $531M | -24% | +8% | 30% | 13.6× | -6.6% | +5.0% |
| Guangdong Brandmax Marketing 300805.SZ | China | $533M | -19% | +13% | 1% | n/a | n/a | n/a |
| Restore RST.L | United Kingdom | $534M | +14% | +8% | 13% | 11.3× | 5.5% | +10.8% |
| Weathernews 4825.T | Japan | $534M | -11% | +5% | 21% | 19.7× | 3.4% | +5.4% |
| TKP 3479.T | Japan | $538M | +18% | +51% | 9% | 15.7× | -3.3% | +21.5% |
| Mitsubishi Research Institute 3636.T | Japan | $489M | +8% | +4% | 7% | 11.2× | -9.9% | +4.1% |
| Jianerkang Medical 603205.SS | China | $487M | -19% | -2% | 14% | n/a | -2.9% | -8.8% |