APERAM (APAM.AS) Fundamental Analysis & Valuation

AMS:APAM • LU0569974404

Current stock price

44.98 EUR
+3.34 (+8.02%)
Last:

This APAM.AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. APAM.AS Profitability Analysis

1.1 Basic Checks

  • In the past year APAM was profitable.
  • In the past year APAM had a positive cash flow from operations.
  • Each year in the past 5 years APAM has been profitable.
  • In the past 5 years APAM always reported a positive cash flow from operatings.
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 2025 200M 400M 600M 800M 1B

1.2 Ratios

  • Looking at the Return On Assets, with a value of -0.48%, APAM is doing worse than 63.16% of the companies in the same industry.
  • The Return On Equity of APAM (-0.94%) is worse than 63.16% of its industry peers.
  • APAM has a Return On Invested Capital of 0.26%. This is in the lower half of the industry: APAM underperforms 65.79% of its industry peers.
  • APAM had an Average Return On Invested Capital over the past 3 years of 1.34%. This is significantly below the industry average of 8.54%.
Industry RankSector Rank
ROA -0.48%
ROE -0.94%
ROIC 0.26%
ROA(3y)2.69%
ROA(5y)6.89%
ROE(3y)4.36%
ROE(5y)12.88%
ROIC(3y)1.34%
ROIC(5y)7.8%
APAM.AS Yearly ROA, ROE, ROICAPAM.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • APAM's Profit Margin has declined in the last couple of years.
  • APAM's Operating Margin of 0.17% is on the low side compared to the rest of the industry. APAM is outperformed by 68.42% of its industry peers.
  • APAM's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 3.73%, APAM is not doing good in the industry: 89.47% 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 0.17%
PM (TTM) N/A
GM 3.73%
OM growth 3Y-71.08%
OM growth 5Y-45.75%
PM growth 3Y-73.17%
PM growth 5Y-50.19%
GM growth 3Y-27.02%
GM growth 5Y-11.39%
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 2025 5 10 15 20 25

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. APAM.AS Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so APAM is destroying value.
  • APAM has about the same amout of shares outstanding than it did 1 year ago.
  • APAM has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for APAM is higher compared to a year ago.
APAM.AS Yearly Shares OutstandingAPAM.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 2B 4B 6B

2.2 Solvency

  • An Altman-Z score of 2.97 indicates that APAM is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 2.97, APAM perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
  • The Debt to FCF ratio of APAM is 5.25, which is a neutral value as it means it would take APAM, 5.25 years of fcf income to pay off all of its debts.
  • APAM has a Debt to FCF ratio of 5.25. This is in the better half of the industry: APAM outperforms 60.53% of its industry peers.
  • APAM has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
  • APAM's Debt to Equity ratio of 0.36 is in line compared to the rest of the industry. APAM outperforms 42.11% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 5.25
Altman-Z 2.97
ROIC/WACC0.03
WACC9.61%
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 2025 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 1.80 indicates that APAM should not have too much problems paying its short term obligations.
  • APAM has a Current ratio (1.80) which is in line with its industry peers.
  • A Quick Ratio of 0.57 indicates that APAM may have some problems paying its short term obligations.
  • The Quick ratio of APAM (0.57) is worse than 76.32% of its industry peers.
Industry RankSector Rank
Current Ratio 1.8
Quick Ratio 0.57
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 2025 1B 2B 3B

More info and screens

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

4

3. APAM.AS Growth Analysis

3.1 Past

  • APAM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -85.83%.
  • Measured over the past years, APAM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -22.14% on average per year.
  • Looking at the last year, APAM shows a decrease in Revenue. The Revenue has decreased by -2.80% in the last year.
  • Measured over the past years, APAM shows a quite strong growth in Revenue. The Revenue has been growing by 10.90% on average per year.
EPS 1Y (TTM)-85.83%
EPS 3Y-62.01%
EPS 5Y-22.14%
EPS Q2Q%135.29%
Revenue 1Y (TTM)-2.8%
Revenue growth 3Y-9.33%
Revenue growth 5Y10.9%
Sales Q2Q%-7.68%

3.2 Future

  • The Earnings Per Share is expected to grow by 59.64% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 6.21% on average over the next years.
EPS Next Y391.15%
EPS Next 2Y204.13%
EPS Next 3Y127.37%
EPS Next 5Y59.64%
Revenue Next Year7.08%
Revenue Next 2Y7.35%
Revenue Next 3Y7.14%
Revenue Next 5Y6.21%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 2028 2029 2030 0 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

4

4. APAM.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 99.96, the valuation of APAM can be described as expensive.
  • Based on the Price/Earnings ratio, APAM is valued a bit more expensive than 65.79% of the companies in the same industry.
  • APAM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.54.
  • Based on the Price/Forward Earnings ratio of 20.39, the valuation of APAM can be described as rather expensive.
  • 63.16% of the companies in the same industry are cheaper than APAM, based on the Price/Forward Earnings ratio.
  • APAM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.68, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 99.96
Fwd PE 20.39
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

  • APAM's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. APAM is more expensive than 65.79% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, APAM is valued cheaper than 92.11% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.27
EV/EBITDA 14.4
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.
  • APAM's earnings are expected to grow with 127.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y204.13%
EPS Next 3Y127.37%

More info and screens

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

7

5. APAM.AS Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.10%, APAM is a good candidate for dividend investing.
  • APAM's Dividend Yield is rather good when compared to the industry average which is at 1.51. APAM pays more dividend than 92.11% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, APAM pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.1%

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 Years6
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

  • The earnings of APAM are negative and hence is the payout ratio. APAM will probably not be able to sustain this dividend level.
  • APAM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-483.33%
EPS Next 2Y204.13%
EPS Next 3Y127.37%
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 2025 200M 400M 600M 800M

More info and screens

Find the best dividend stocksShow peers with best dividend

APAM.AS Fundamentals: All Metrics, Ratios and Statistics

APERAM

AMS:APAM (4/30/2026, 10:09:19 AM)

44.98

+3.34 (+8.02%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Industry StrengthN/A
Industry GrowthN/A
Earnings (Last)02-06
Earnings (Next)04-30
Inst Owners27.61%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.29B
Revenue(TTM)9.15B
Net Income(TTM)-30.00M
Analysts72.22
Price Target43.11 (-4.16%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.1%
Yearly Dividend2.01
Dividend Growth(5Y)2.87%
DP-483.33%
Div Incr Years0
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-936.82%
Min EPS beat(2)-2845.1%
Max EPS beat(2)971.46%
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)-10%
Min Revenue beat(2)-11.76%
Max Revenue beat(2)-8.24%
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)3.43%
PT rev (3m)25.96%
EPS NQ rev (1m)-32.5%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-6.09%
EPS NY rev (3m)-14.76%
Revenue NQ rev (1m)1.3%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)-0.12%
Valuation
Industry RankSector Rank
PE 99.96
Fwd PE 20.39
P/S 0.36
P/FCF 13.27
P/OCF 7.8
P/B 1.03
P/tB 1.22
EV/EBITDA 14.4
EPS(TTM)0.45
EY1%
EPS(NY)2.21
Fwd EY4.9%
FCF(TTM)3.39
FCFY7.53%
OCF(TTM)5.77
OCFY12.82%
SpS125.01
BVpS43.66
TBVpS36.76
PEG (NY)0.26
PEG (5Y)N/A
Graham Number21.025 (-53.26%)
Profitability
Industry RankSector Rank
ROA -0.48%
ROE -0.94%
ROCE 0.35%
ROIC 0.26%
ROICexc 0.28%
ROICexgc 0.32%
OM 0.17%
PM (TTM) N/A
GM 3.73%
FCFM 2.71%
ROA(3y)2.69%
ROA(5y)6.89%
ROE(3y)4.36%
ROE(5y)12.88%
ROIC(3y)1.34%
ROIC(5y)7.8%
ROICexc(3y)1.44%
ROICexc(5y)8.76%
ROICexgc(3y)1.62%
ROICexgc(5y)9.88%
ROCE(3y)1.83%
ROCE(5y)10.88%
ROICexgc growth 3Y-74.39%
ROICexgc growth 5Y-46.67%
ROICexc growth 3Y-74.43%
ROICexc growth 5Y-46.01%
OM growth 3Y-71.08%
OM growth 5Y-45.75%
PM growth 3Y-73.17%
PM growth 5Y-50.19%
GM growth 3Y-27.02%
GM growth 5Y-11.39%
F-Score4
Asset Turnover1.47
Health
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 5.25
Debt/EBITDA 4.13
Cap/Depr 67.18%
Cap/Sales 1.9%
Interest Coverage 0.3
Cash Conversion 153.46%
Profit Quality N/A
Current Ratio 1.8
Quick Ratio 0.57
Altman-Z 2.97
F-Score4
WACC9.61%
ROIC/WACC0.03
Cap/Depr(3y)96.07%
Cap/Depr(5y)110.58%
Cap/Sales(3y)3.37%
Cap/Sales(5y)3.34%
Profit Quality(3y)962.56%
Profit Quality(5y)596.83%
High Growth Momentum
Growth
EPS 1Y (TTM)-85.83%
EPS 3Y-62.01%
EPS 5Y-22.14%
EPS Q2Q%135.29%
EPS Next Y391.15%
EPS Next 2Y204.13%
EPS Next 3Y127.37%
EPS Next 5Y59.64%
Revenue 1Y (TTM)-2.8%
Revenue growth 3Y-9.33%
Revenue growth 5Y10.9%
Sales Q2Q%-7.68%
Revenue Next Year7.08%
Revenue Next 2Y7.35%
Revenue Next 3Y7.14%
Revenue Next 5Y6.21%
EBIT growth 1Y-87.6%
EBIT growth 3Y-73.77%
EBIT growth 5Y-39.84%
EBIT Next Year501.11%
EBIT Next 3Y109.2%
EBIT Next 5Y55.14%
FCF growth 1Y117.54%
FCF growth 3Y-10.51%
FCF growth 5Y5.03%
OCF growth 1Y50.71%
OCF growth 3Y-13.05%
OCF growth 5Y6.85%

APERAM / APAM.AS Fundamental Analysis 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 4 / 10 to APERAM (APAM.AS). This can be considered as Fairly Valued.


How profitable is APERAM (APAM.AS) stock?

APERAM (APAM.AS) has a profitability rating of 2 / 10.


What is the earnings growth outlook for APERAM?

The Earnings per Share (EPS) of APERAM (APAM.AS) is expected to grow by 391.15% in the next year.


Can you provide the dividend sustainability for APAM stock?

The dividend rating of APERAM (APAM.AS) is 7 / 10 and the dividend payout ratio is -483.33%.