APERAM (APAM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:APAM - LU0569974404 - Common Stock
32.78 EUR
+0.14 (+0.43%)
We assign a fundamental rating of 4 out of 10 to APAM. APAM was compared to 36 industry peers in the Metals & Mining industry. There are concerns on the financial health of APAM while its profitability can be described as average. APAM is valued correctly, but it does not seem to be growing. Finally APAM also has an excellent dividend rating.
1. Profitability
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.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.01%, APAM is in line with its industry, outperforming 56.76% of the companies in the same industry.
APAM has a Return On Equity of 6.03%. This is comparable to the rest of the industry: APAM outperforms 56.76% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.38%, APAM is in line with its industry, outperforming 40.54% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for APAM is in line with the industry average of 7.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.01% | ||
| ROE | 6.03% | ||
| ROIC | 2.38% |
ROA(3y)5.98%
ROA(5y)7.74%
ROE(3y)10.42%
ROE(5y)14.41%
ROIC(3y)6.14%
ROIC(5y)8.79%
1.3 Margins
APAM has a Profit Margin (3.06%) which is in line with its industry peers.
In the last couple of years the Profit Margin of APAM has remained more or less at the same level.
APAM's Operating Margin of 2.37% is on the low side compared to the rest of the industry. APAM is outperformed by 62.16% of its industry peers.
APAM's Operating Margin has declined in the last couple of years.
APAM's Gross Margin of 7.66% is on the low side compared to the rest of the industry. APAM is outperformed by 83.78% of its industry peers.
APAM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.37% | ||
| PM (TTM) | 3.06% | ||
| GM | 7.66% |
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%
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 about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for APAM has been reduced compared to 5 years ago.
APAM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.29 indicates that APAM is not a great score, but indicates only limited risk for bankruptcy at the moment.
APAM's Altman-Z score of 2.29 is in line compared to the rest of the industry. APAM outperforms 54.05% of its industry peers.
APAM has a debt to FCF ratio of 9.73. This is a negative value and a sign of low solvency as APAM would need 9.73 years to pay back of all of its debts.
APAM has a Debt to FCF ratio (9.73) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.38 indicates that APAM is not too dependend on debt financing.
APAM has a Debt to Equity ratio (0.38) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 9.73 | ||
| Altman-Z | 2.29 |
ROIC/WACC0.29
WACC8.34%
2.3 Liquidity
A Current Ratio of 1.40 indicates that APAM should not have too much problems paying its short term obligations.
With a Current ratio value of 1.40, APAM is not doing good in the industry: 75.68% of the companies in the same industry are doing better.
APAM has a Quick Ratio of 1.40. This is a bad value and indicates that APAM is not financially healthy enough and could expect problems in meeting its short term obligations.
APAM's Quick ratio of 0.47 is on the low side compared to the rest of the industry. APAM is outperformed by 89.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
APAM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -94.46%.
APAM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.01% yearly.
APAM shows a decrease in Revenue. In the last year, the revenue decreased by -5.11%.
The Revenue has been growing by 8.09% on average over the past years. This is quite good.
EPS 1Y (TTM)-94.46%
EPS 3Y-33.06%
EPS 5Y13.01%
EPS Q2Q%-111.48%
Revenue 1Y (TTM)-5.11%
Revenue growth 3Y7.03%
Revenue growth 5Y8.09%
Sales Q2Q%-5.56%
3.2 Future
Based on estimates for the next years, APAM will show a small growth in Earnings Per Share. The EPS will grow by 6.76% on average per year.
Based on estimates for the next years, APAM will show a small growth in Revenue. The Revenue will grow by 4.76% on average per year.
EPS Next Y-82.75%
EPS Next 2Y-8.67%
EPS Next 3Y6.76%
EPS Next 5YN/A
Revenue Next Year-1.51%
Revenue Next 2Y3.34%
Revenue Next 3Y4.42%
Revenue Next 5Y4.76%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 149.00, which means the current valuation is very expensive for APAM.
The rest of the industry has a similar Price/Earnings ratio as APAM.
APAM is valuated expensively when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.40, APAM is valued correctly.
62.16% of the companies in the same industry are more expensive than APAM, based on the Price/Forward Earnings ratio.
APAM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 149 | ||
| Fwd PE | 12.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APAM indicates a somewhat cheap valuation: APAM is cheaper than 62.16% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, APAM is valued cheaper than 83.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.89 | ||
| EV/EBITDA | 7.55 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)11.46
EPS Next 2Y-8.67%
EPS Next 3Y6.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.21%, APAM is a good candidate for dividend investing.
APAM's Dividend Yield is rather good when compared to the industry average which is at 2.61. APAM pays more dividend than 89.19% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, APAM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.21% |
5.2 History
The dividend of APAM has a limited annual growth rate of 2.91%.
Dividend Growth(5Y)2.91%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
75.52% of the earnings are spent on dividend by APAM. This is not a sustainable payout ratio.
The dividend of APAM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP75.52%
EPS Next 2Y-8.67%
EPS Next 3Y6.76%
AMS:APAM (12/5/2025, 7:00:00 PM)
32.78
+0.14 (+0.43%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners24.12%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.40B
Revenue(TTM)6.25B
Net Income(TTM)192.00M
Analysts72.94
Price Target33 (0.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.21% |
Yearly Dividend2.01
Dividend Growth(5Y)2.91%
DP75.52%
Div Incr Years0
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)5.1%
PT rev (3m)9.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-50.32%
EPS NY rev (3m)-40.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.11%
Revenue NY rev (3m)-4.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 149 | ||
| Fwd PE | 12.4 | ||
| P/S | 0.38 | ||
| P/FCF | 16.89 | ||
| P/OCF | 8.1 | ||
| P/B | 0.75 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | 7.55 |
EPS(TTM)0.22
EY0.67%
EPS(NY)2.64
Fwd EY8.07%
FCF(TTM)1.94
FCFY5.92%
OCF(TTM)4.04
OCFY12.34%
SpS85.76
BVpS43.52
TBVpS36.55
PEG (NY)N/A
PEG (5Y)11.46
Graham Number14.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.01% | ||
| ROE | 6.03% | ||
| ROCE | 3.64% | ||
| ROIC | 2.38% | ||
| ROICexc | 2.51% | ||
| ROICexgc | 2.83% | ||
| OM | 2.37% | ||
| PM (TTM) | 3.06% | ||
| GM | 7.66% | ||
| FCFM | 2.26% |
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-Score5
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 9.73 | ||
| Debt/EBITDA | 3.06 | ||
| Cap/Depr | 63.9% | ||
| Cap/Sales | 2.45% | ||
| Interest Coverage | 3.47 | ||
| Cash Conversion | 75.9% | ||
| Profit Quality | 73.96% | ||
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 2.29 |
F-Score5
WACC8.34%
ROIC/WACC0.29
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)-94.46%
EPS 3Y-33.06%
EPS 5Y13.01%
EPS Q2Q%-111.48%
EPS Next Y-82.75%
EPS Next 2Y-8.67%
EPS Next 3Y6.76%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.11%
Revenue growth 3Y7.03%
Revenue growth 5Y8.09%
Sales Q2Q%-5.56%
Revenue Next Year-1.51%
Revenue Next 2Y3.34%
Revenue Next 3Y4.42%
Revenue Next 5Y4.76%
EBIT growth 1Y596.67%
EBIT growth 3Y-51.99%
EBIT growth 5Y-9.11%
EBIT Next Year201.51%
EBIT Next 3Y77.16%
EBIT Next 5Y41.08%
FCF growth 1Y-60.66%
FCF growth 3Y-34.08%
FCF growth 5Y-14.47%
OCF growth 1Y-56.28%
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 for APAM stock?
ChartMill assigns a valuation rating of 4 / 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 4 / 10.
What are the PE and PB ratios of APERAM (APAM.AS) stock?
The Price/Earnings (PE) ratio for APERAM (APAM.AS) is 149 and the Price/Book (PB) ratio is 0.75.
What is the earnings growth outlook for APERAM?
The Earnings per Share (EPS) of APERAM (APAM.AS) is expected to decline by -82.75% in the next year.