APERAM (APAM.AS) Stock Fundamental Analysis
Europe • Euronext Amsterdam • AMS:APAM • LU0569974404
36.54 EUR
+0.32 (+0.88%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, APAM scores 4 out of 10 in our fundamental rating. APAM was compared to 44 industry peers in the Metals & Mining industry. The financial health of APAM is average, but there are quite some concerns on its profitability. APAM does not seem to be growing, but still is valued expensively. APAM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year APAM was profitable.
- APAM had a positive operating cash flow in the past year.
- Each year in the past 5 years APAM has been profitable.
- Each year in the past 5 years APAM had a positive operating cash flow.
1.2 Ratios
- APAM has a Return On Assets of 2.89%. This is comparable to the rest of the industry: APAM outperforms 48.89% of its industry peers.
- The Return On Equity of APAM (4.79%) is comparable to the rest of the industry.
- Looking at the Return On Invested Capital, with a value of 2.31%, APAM is doing worse than 64.44% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for APAM is in line with the industry average of 7.77%.
| 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
- APAM has a Profit Margin of 1.64%. This is in the lower half of the industry: APAM underperforms 60.00% of its industry peers.
- In the last couple of years the Profit Margin of APAM has remained more or less at the same level.
- Looking at the Operating Margin, with a value of 1.38%, APAM is doing worse than 71.11% of the companies in the same industry.
- 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: 88.89% of the companies in the same industry are doing better.
- APAM's Gross Margin has declined in the last couple of years.
| 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
- APAM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
- 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 62.22% 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.
- Looking at the Debt to Equity ratio, with a value of 0.22, APAM is in line with its industry, outperforming 53.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 5.04 | ||
| Altman-Z | N/A |
ROIC/WACC0.27
WACC8.63%
2.3 Liquidity
- A Current Ratio of 1.92 indicates that APAM should not have too much problems paying its short term obligations.
- APAM's Current ratio of 1.92 is in line compared to the rest of the industry. APAM outperforms 48.89% of its industry peers.
- APAM has a Quick 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 Quick ratio of 1.92 is fine compared to the rest of the industry. APAM outperforms 80.00% 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%.
- 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%.
- APAM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.09% yearly.
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 7.03% yearly.
- Based on estimates for the next years, APAM will show a small growth in Revenue. The Revenue will grow by 4.46% on average per year.
EPS Next Y-87.34%
EPS Next 2Y-9.64%
EPS Next 3Y7.03%
EPS Next 5YN/A
Revenue Next Year-1.85%
Revenue Next 2Y2.69%
Revenue Next 3Y3.9%
Revenue Next 5Y4.46%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 166.09, APAM can be considered very expensive at the moment.
- 68.89% of the companies in the same industry are cheaper than APAM, based on the Price/Earnings ratio.
- APAM is valuated expensively when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 14.12 indicates a correct valuation of APAM.
- The rest of the industry has a similar Price/Forward Earnings ratio as APAM.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, APAM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 166.09 | ||
| Fwd PE | 14.12 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APAM is on the same level as its industry peers.
- Based on the Price/Free Cash Flow ratio, APAM is valued cheaply inside the industry as 95.56% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.87 | ||
| EV/EBITDA | 10.8 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)12.77
EPS Next 2Y-9.64%
EPS Next 3Y7.03%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.69%, APAM is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 1.63, APAM pays a better dividend. On top of this APAM pays more dividend than 88.89% of the companies listed in the same industry.
- APAM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.69% |
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
- 94.77% of the earnings are spent on dividend by APAM. 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-9.64%
EPS Next 3Y7.03%
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 166.09 and the Price/Book (PB) ratio is 0.84.
Can you provide the financial health for APAM stock?
The financial health rating of APERAM (APAM.AS) is 5 / 10.