APERAM (APAM.AS) Stock Fundamental Analysis

AMS:APAM • LU0569974404

43.36 EUR
-1.28 (-2.87%)
Last: Feb 12, 2026, 04:22 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

APAM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 42 industry peers in the Metals & Mining industry. The financial health of APAM is average, but there are quite some concerns on its profitability. APAM is valued correctly, but it does not seem to be growing. Finally APAM also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • APAM had positive earnings in the past year.
  • APAM had a positive operating cash flow in the past year.
  • Of the past 5 years APAM 4 years were profitable.
  • Of the past 5 years APAM 4 years had a positive operating cash flow.
APAM.AS Yearly Net Income VS EBIT VS OCF VS FCFAPAM.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

  • APAM's Return On Assets of 2.89% is in line compared to the rest of the industry. APAM outperforms 52.38% of its industry peers.
  • APAM has a Return On Equity (4.79%) which is in line with its industry peers.
  • The Return On Invested Capital of APAM (2.31%) is comparable to the rest of the industry.
  • APAM had an Average Return On Invested Capital over the past 3 years of 6.14%. This is in line with the industry average of 7.74%.
Industry RankSector Rank
ROA 2.89%
ROE 4.79%
ROIC 2.31%
ROA(3y)5.98%
ROA(5y)7.74%
ROE(3y)10.42%
ROE(5y)14.41%
ROIC(3y)6.14%
ROIC(5y)8.79%
APAM.AS Yearly ROA, ROE, ROICAPAM.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • APAM has a Profit Margin of 1.64%. This is comparable to the rest of the industry: APAM outperforms 45.24% of its industry peers.
  • APAM's Profit Margin has been stable in the last couple of years.
  • APAM has a Operating Margin of 1.38%. This is in the lower half of the industry: APAM underperforms 66.67% of its industry peers.
  • APAM's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 4.81%, APAM is not doing good in the industry: 80.95% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of APAM has declined.
Industry RankSector Rank
OM 1.38%
PM (TTM) 1.64%
GM 4.81%
OM growth 3Y-55.15%
OM growth 5Y-15.91%
PM growth 3Y-42.05%
PM growth 5Y1.13%
GM growth 3Y-35.26%
GM growth 5Y-5.22%
APAM.AS Yearly Profit, Operating, Gross MarginsAPAM.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), APAM is destroying value.
  • APAM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
APAM.AS Yearly Shares OutstandingAPAM.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
APAM.AS Yearly Total Debt VS Total AssetsAPAM.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • APAM has a debt to FCF ratio of 5.04. This is a neutral value as APAM would need 5.04 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 5.04, APAM is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
  • A Debt/Equity ratio of 0.22 indicates that APAM is not too dependend on debt financing.
  • APAM's Debt to Equity ratio of 0.22 is in line compared to the rest of the industry. APAM outperforms 50.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 5.04
Altman-Z N/A
ROIC/WACC0.25
WACC9.16%
APAM.AS Yearly LT Debt VS Equity VS FCFAPAM.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.3 Liquidity

  • APAM has a Current Ratio of 1.92. This is a normal value and indicates that APAM is financially healthy and should not expect problems in meeting its short term obligations.
  • APAM has a Current ratio of 1.92. This is comparable to the rest of the industry: APAM outperforms 50.00% of its industry peers.
  • A Quick Ratio of 1.92 indicates that APAM should not have too much problems paying its short term obligations.
  • APAM's Quick ratio of 1.92 is amongst the best of the industry. APAM outperforms 80.95% of its industry peers.
Industry RankSector Rank
Current Ratio 1.92
Quick Ratio 1.92
APAM.AS Yearly Current Assets VS Current LiabilitesAPAM.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for APAM have decreased strongly by -86.14% in the last year.
  • APAM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -22.49% yearly.
EPS 1Y (TTM)-86.14%
EPS 3Y-62.29%
EPS 5Y-22.49%
EPS Q2Q%129.46%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-8.87%

3.2 Future

  • APAM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 197.46% yearly.
  • APAM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.37% yearly.
EPS Next Y489.2%
EPS Next 2Y197.46%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.44%
Revenue Next 2Y6.9%
Revenue Next 3Y7.83%
Revenue Next 5Y5.37%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
APAM.AS Yearly Revenue VS EstimatesAPAM.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B
APAM.AS Yearly EPS VS EstimatesAPAM.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 98.55 indicates a quite expensive valuation of APAM.
  • Compared to the rest of the industry, the Price/Earnings ratio of APAM indicates a slightly more expensive valuation: APAM is more expensive than 61.90% of the companies listed in the same industry.
  • APAM is valuated expensively when we compare the Price/Earnings ratio to 28.18, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 16.75, which indicates a correct valuation of APAM.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of APAM is on the same level as its industry peers.
  • The average S&P500 Price/Forward Earnings ratio is at 28.01. APAM is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 98.55
Fwd PE 16.75
APAM.AS Price Earnings VS Forward Price EarningsAPAM.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as APAM.
  • APAM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. APAM is cheaper than 97.62% of the companies in the same industry.
Industry RankSector Rank
P/FCF 11.71
EV/EBITDA 12.38
APAM.AS Per share dataAPAM.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • APAM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as APAM's earnings are expected to grow with 197.46% in the coming years.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y197.46%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.58%, APAM is a good candidate for dividend investing.
  • APAM's Dividend Yield is rather good when compared to the industry average which is at 1.66. APAM pays more dividend than 90.48% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, APAM pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.58%

5.2 History

  • The dividend of APAM has a limited annual growth rate of 2.87%.
Dividend Growth(5Y)2.87%
Div Incr Years0
Div Non Decr Years5
APAM.AS Yearly Dividends per shareAPAM.AS Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • APAM pays out 94.77% of its income as dividend. This is not a sustainable payout ratio.
  • APAM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP94.77%
EPS Next 2Y197.46%
EPS Next 3YN/A
APAM.AS Yearly Income VS Free CF VS DividendAPAM.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
APAM.AS Dividend Payout.APAM.AS Dividend Payout, showing the Payout Ratio.APAM.AS Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

APERAM

AMS:APAM (2/12/2026, 4:22:04 PM)

43.36

-1.28 (-2.87%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-06
Earnings (Next)04-30
Inst Owners25.33%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.17B
Revenue(TTM)N/A
Net Income(TTM)153.00M
Analysts74.12
Price Target36.51 (-15.8%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.58%
Yearly Dividend2.01
Dividend Growth(5Y)2.87%
DP94.77%
Div Incr Years0
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1440.72%
Min EPS beat(2)-2845.1%
Max EPS beat(2)-36.34%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-9.71%
Min Revenue beat(2)-11.76%
Max Revenue beat(2)-7.65%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)7.8%
PT rev (3m)16.28%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.53%
EPS NY rev (3m)-63.53%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.44%
Valuation
Industry RankSector Rank
PE 98.55
Fwd PE 16.75
P/S 0.34
P/FCF 11.71
P/OCF 7.38
P/B 0.99
P/tB 1.18
EV/EBITDA 12.38
EPS(TTM)0.44
EY1.01%
EPS(NY)2.59
Fwd EY5.97%
FCF(TTM)3.7
FCFY8.54%
OCF(TTM)5.88
OCFY13.55%
SpS127.69
BVpS43.65
TBVpS36.66
PEG (NY)0.2
PEG (5Y)N/A
Graham Number20.79
Profitability
Industry RankSector Rank
ROA 2.89%
ROE 4.79%
ROCE 3.08%
ROIC 2.31%
ROICexc 2.31%
ROICexgc 2.63%
OM 1.38%
PM (TTM) 1.64%
GM 4.81%
FCFM 2.9%
ROA(3y)5.98%
ROA(5y)7.74%
ROE(3y)10.42%
ROE(5y)14.41%
ROIC(3y)6.14%
ROIC(5y)8.79%
ROICexc(3y)6.78%
ROICexc(5y)9.89%
ROICexgc(3y)7.62%
ROICexgc(5y)11.24%
ROCE(3y)8.43%
ROCE(5y)12.21%
ROICexgc growth 3Y-53.63%
ROICexgc growth 5Y-17.16%
ROICexc growth 3Y-53.4%
ROICexc growth 5Y-15.86%
OM growth 3Y-55.15%
OM growth 5Y-15.91%
PM growth 3Y-42.05%
PM growth 5Y1.13%
GM growth 3Y-35.26%
GM growth 5Y-5.22%
F-Score4
Asset Turnover1.76
Health
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 5.04
Debt/EBITDA 1.84
Cap/Depr 64.9%
Cap/Sales 1.7%
Interest Coverage 2.39
Cash Conversion 114.97%
Profit Quality 177.12%
Current Ratio 1.92
Quick Ratio 1.92
Altman-Z N/A
F-Score4
WACC9.16%
ROIC/WACC0.25
Cap/Depr(3y)126.72%
Cap/Depr(5y)112.28%
Cap/Sales(3y)3.63%
Cap/Sales(5y)3.37%
Profit Quality(3y)62.49%
Profit Quality(5y)67.89%
High Growth Momentum
Growth
EPS 1Y (TTM)-86.14%
EPS 3Y-62.29%
EPS 5Y-22.49%
EPS Q2Q%129.46%
EPS Next Y489.2%
EPS Next 2Y197.46%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-8.87%
Revenue Next Year7.44%
Revenue Next 2Y6.9%
Revenue Next 3Y7.83%
Revenue Next 5Y5.37%
EBIT growth 1Y44.94%
EBIT growth 3Y-51.99%
EBIT growth 5Y-9.11%
EBIT Next Year190.45%
EBIT Next 3Y76.98%
EBIT Next 5Y40.67%
FCF growth 1Y1494.12%
FCF growth 3Y-34.08%
FCF growth 5Y-14.47%
OCF growth 1Y18.78%
OCF growth 3Y-20.15%
OCF growth 5Y-6.89%

APERAM / APAM.AS FAQ

What is the fundamental rating for APAM stock?

ChartMill assigns a fundamental rating of 4 / 10 to APAM.AS.


What is the valuation status of APERAM (APAM.AS) stock?

ChartMill assigns a valuation rating of 5 / 10 to APERAM (APAM.AS). This can be considered as Fairly Valued.


What is the profitability of APAM stock?

APERAM (APAM.AS) has a profitability rating of 3 / 10.


Can you provide the PE and PB ratios for APAM stock?

The Price/Earnings (PE) ratio for APERAM (APAM.AS) is 98.55 and the Price/Book (PB) ratio is 0.99.


Can you provide the financial health for APAM stock?

The financial health rating of APERAM (APAM.AS) is 4 / 10.