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Estimated Discount To Fair Value: 48.6%

Tourmaline Oil, trading at CA$69.25, is significantly undervalued with an estimated fair value of CA$134.84 based on discounted cash flow analysis. Earnings are projected to grow 30.58% annually, surpassing the Canadian market's growth rate of 17.8%. Despite this growth potential and revenue forecast exceeding 20% per year, the dividend yield of 5.63% isn't well covered by free cash flows, and return on equity is expected to remain low at 15.2%.

• Our growth report here indicates Tourmaline Oil may be poised for an improving outlook.

• Get an in-depth perspective on Tourmaline Oil's balance sheet by reading our health report here.

adidas

Overview: adidas AG, along with its subsidiaries, is engaged in the design, development, production, and marketing of athletic and sports lifestyle products across various regions including Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America; it has a market cap of approximately €45.94 billion.

Operations: The company's revenue segments, in millions of €, include Greater China (€3.34 billion), Latin America (€2.44 billion), and North America (€4.95 billion).

Estimated Discount To Fair Value: 34.8%

adidas, trading at €257.3, is undervalued by over 20% compared to its estimated fair value of €394.67 based on discounted cash flow analysis. The company recently became profitable and is expected to see earnings grow significantly at 32.3% annually, outpacing the German market's growth rate of 19.3%. While revenue growth is forecasted at a slower pace of 8.3% per year, it still exceeds the German market average of 5.7%.

• In light of our recent growth report, it seems possible that adidas' financial performance will exceed current levels.

• Navigate through the intricacies of adidas with our comprehensive financial health report here.

Next Steps

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:2268 TSX:TOU and XTRA:ADS.

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