APERAM (APAM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:APAM - LU0569974404 - Common Stock
36.27 EUR
+0.21 (+0.58%)
APAM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 42 industry peers in the Metals & Mining industry. While APAM seems to be doing ok healthwise, there are quite some concerns on its profitability. APAM is valued expensive and it does not seem to be growing. APAM also has an excellent dividend rating.
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.
- In the past 5 years APAM has always been profitable.
- Each year in the past 5 years APAM had a positive operating cash flow.
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's Return On Equity of 4.79% is in line compared to the rest of the industry. APAM outperforms 50.00% of its industry peers.
- With a Return On Invested Capital value of 2.31%, APAM is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
- 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 7.48%.
| Industry Rank | Sector 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%
1.3 Margins
- The Profit Margin of APAM (1.64%) is comparable to the rest of the industry.
- 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 1.38% is on the low side compared to the rest of the industry. APAM is outperformed by 69.05% of its industry peers.
- APAM's Operating Margin has declined in the last couple of years.
- APAM has a worse Gross Margin (4.81%) than 88.10% of its industry peers.
- In the last couple of years the Gross Margin of APAM has declined.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so APAM is destroying value.
- The number of shares outstanding for APAM remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, APAM has less shares outstanding
- Compared to 1 year ago, APAM has an improved debt to assets ratio.
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 line with its industry, outperforming 59.52% of the companies in the same industry.
- APAM has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
- APAM has a Debt to Equity ratio of 0.22. This is comparable to the rest of the industry: APAM outperforms 52.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 5.04 | ||
| Altman-Z | N/A |
ROIC/WACC0.26
WACC8.81%
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's Current ratio of 1.92 is in line compared 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.
- The Quick ratio of APAM (1.92) is better than 80.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.92 | ||
| Quick Ratio | 1.92 |
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%.
- Measured over the past years, APAM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.01% on average per year.
- Looking at the last year, APAM shows a decrease in Revenue. The Revenue has decreased by -5.11% in the last year.
- Measured over the past years, APAM shows a quite strong growth in Revenue. The Revenue has been growing by 8.09% on average per year.
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
- APAM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.86% yearly.
- APAM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.46% yearly.
EPS Next Y-87.53%
EPS Next 2Y-9.85%
EPS Next 3Y6.86%
EPS Next 5YN/A
Revenue Next Year-1.85%
Revenue Next 2Y2.69%
Revenue Next 3Y3.9%
Revenue Next 5Y4.46%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- 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
- APAM is valuated quite expensively with a Price/Earnings ratio of 164.86.
- Compared to the rest of the industry, the Price/Earnings ratio of APAM indicates a slightly more expensive valuation: APAM is more expensive than 66.67% of the companies listed in the same industry.
- APAM is valuated expensively when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 14.08, the valuation of APAM can be described as correct.
- APAM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. APAM is cheaper than 66.67% of the companies in the same industry.
- APAM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 164.86 | ||
| Fwd PE | 14.08 |
4.2 Price Multiples
- APAM's Enterprise Value to EBITDA ratio is in line with the industry average.
- APAM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. APAM is cheaper than 95.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.79 | ||
| EV/EBITDA | 10.71 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)12.67
EPS Next 2Y-9.85%
EPS Next 3Y6.86%
5. Dividend
5.1 Amount
- APAM has a Yearly Dividend Yield of 4.78%, which is a nice return.
- 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 1.92, APAM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
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
- 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 2Y-9.85%
EPS Next 3Y6.86%
AMS:APAM (1/15/2026, 5:29:59 PM)
36.27
+0.21 (+0.58%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-07 2025-11-07/bmo
Earnings (Next)02-06 2026-02-06/amc
Inst Owners25.33%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.65B
Revenue(TTM)9.34B
Net Income(TTM)153.00M
Analysts74.12
Price Target33.86 (-6.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
Yearly Dividend2.01
Dividend Growth(5Y)2.91%
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)2.63%
PT rev (3m)11.04%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-27.69%
EPS NY rev (3m)-64.28%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)-3.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 164.86 | ||
| Fwd PE | 14.08 | ||
| P/S | 0.28 | ||
| P/FCF | 9.79 | ||
| P/OCF | 6.17 | ||
| P/B | 0.83 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 10.71 |
EPS(TTM)0.22
EY0.61%
EPS(NY)2.58
Fwd EY7.1%
FCF(TTM)3.7
FCFY10.21%
OCF(TTM)5.88
OCFY16.2%
SpS127.69
BVpS43.65
TBVpS36.66
PEG (NY)N/A
PEG (5Y)12.67
Graham Number14.7
Profitability
| Industry Rank | Sector 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 Rank | Sector 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
WACC8.81%
ROIC/WACC0.26
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-87.53%
EPS Next 2Y-9.85%
EPS Next 3Y6.86%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.11%
Revenue growth 3Y7.03%
Revenue growth 5Y8.09%
Sales Q2Q%-5.56%
Revenue Next Year-1.85%
Revenue Next 2Y2.69%
Revenue Next 3Y3.9%
Revenue Next 5Y4.46%
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 3 / 10 to APERAM (APAM.AS). This can be considered as Overvalued.
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 164.86 and the Price/Book (PB) ratio is 0.83.
Can you provide the financial health for APAM stock?
The financial health rating of APERAM (APAM.AS) is 4 / 10.