AMER SPORTS INC (AS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AS - KYG0260P1028 - Common Stock
39.12 USD
+0.73 (+1.9%)
39.12 USD
0 (0%)
Overall AS gets a fundamental rating of 4 out of 10. We evaluated AS against 45 industry peers in the Textiles, Apparel & Luxury Goods industry. Both the profitability and the financial health of AS get a neutral evaluation. Nothing too spectacular is happening here. AS is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AS was profitable.
In the past year AS had a positive cash flow from operations.
AS had negative earnings in 4 of the past 5 years.
Of the past 5 years AS 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AS (3.21%) is comparable to the rest of the industry.
AS's Return On Equity of 5.51% is in line compared to the rest of the industry. AS outperforms 46.67% of its industry peers.
AS's Return On Invested Capital of 6.57% is in line compared to the rest of the industry. AS outperforms 57.78% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AS is significantly below the industry average of 11.62%.
The 3 year average ROIC (4.01%) for AS is below the current ROIC(6.57%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.21% | ||
| ROE | 5.51% | ||
| ROIC | 6.57% |
ROA(3y)-1.61%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.01%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 5.10%, AS is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
With a decent Operating Margin value of 10.51%, AS is doing good in the industry, outperforming 77.78% of the companies in the same industry.
In the last couple of years the Operating Margin of AS has grown nicely.
Looking at the Gross Margin, with a value of 57.20%, AS is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
AS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.51% | ||
| PM (TTM) | 5.1% | ||
| GM | 57.2% |
OM growth 3Y14.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.11%
GM growth 5YN/A
2. Health
2.1 Basic Checks
AS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AS has been increased compared to 1 year ago.
AS has a better debt/assets ratio than last year.
2.2 Solvency
AS has an Altman-Z score of 4.53. This indicates that AS is financially healthy and has little risk of bankruptcy at the moment.
AS has a Altman-Z score of 4.53. This is in the better half of the industry: AS outperforms 80.00% of its industry peers.
AS has a debt to FCF ratio of 8.66. This is a slightly negative value and a sign of low solvency as AS would need 8.66 years to pay back of all of its debts.
With a Debt to FCF ratio value of 8.66, AS perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
A Debt/Equity ratio of 0.26 indicates that AS is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.26, AS is doing good in the industry, outperforming 71.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.66 | ||
| Altman-Z | 4.53 |
ROIC/WACC0.89
WACC7.37%
2.3 Liquidity
AS has a Current Ratio of 1.51. This is a normal value and indicates that AS is financially healthy and should not expect problems in meeting its short term obligations.
AS has a worse Current ratio (1.51) than 73.33% of its industry peers.
AS has a Quick Ratio of 1.51. This is a bad value and indicates that AS is not financially healthy enough and could expect problems in meeting its short term obligations.
AS's Quick ratio of 0.70 is on the low side compared to the rest of the industry. AS is outperformed by 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
AS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 336.84%, which is quite impressive.
The Revenue has grown by 25.90% in the past year. This is a very strong growth!
The Revenue has been growing by 19.12% on average over the past years. This is quite good.
EPS 1Y (TTM)336.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%135.71%
Revenue 1Y (TTM)25.9%
Revenue growth 3Y19.12%
Revenue growth 5YN/A
Sales Q2Q%29.73%
3.2 Future
Based on estimates for the next years, AS will show a very strong growth in Earnings Per Share. The EPS will grow by 41.19% on average per year.
The Revenue is expected to grow by 16.61% on average over the next years. This is quite good.
EPS Next Y117.44%
EPS Next 2Y64.49%
EPS Next 3Y50.66%
EPS Next 5Y41.19%
Revenue Next Year25.61%
Revenue Next 2Y20.8%
Revenue Next 3Y18.71%
Revenue Next 5Y16.61%
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AS is valuated quite expensively with a Price/Earnings ratio of 47.13.
64.44% of the companies in the same industry are cheaper than AS, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.00. AS is valued rather expensively when compared to this.
AS is valuated quite expensively with a Price/Forward Earnings ratio of 32.86.
Based on the Price/Forward Earnings ratio, AS is valued a bit more expensive than the industry average as 71.11% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of AS to the average of the S&P500 Index (23.70), we can say AS is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.13 | ||
| Fwd PE | 32.86 |
4.2 Price Multiples
AS's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. AS is more expensive than 71.11% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AS is valued a bit more expensive than 62.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 100.36 | ||
| EV/EBITDA | 23.16 |
4.3 Compensation for Growth
The 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 AS's earnings are expected to grow with 50.66% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y64.49%
EPS Next 3Y50.66%
5. Dividend
5.1 Amount
No dividends for AS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
39.12
+0.73 (+1.9%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners34.84%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap21.66B
Revenue(TTM)6.10B
Net Income(TTM)311.30M
Analysts83.45
Price Target46.94 (19.99%)
Short Float %5.96%
Short Ratio2.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)74.11%
Min EPS beat(2)28.39%
Max EPS beat(2)119.82%
EPS beat(4)3
Avg EPS beat(4)54.1%
Min EPS beat(4)-2.6%
Max EPS beat(4)119.82%
EPS beat(8)6
Avg EPS beat(8)-22.8%
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)1
Avg Revenue beat(2)0.7%
Min Revenue beat(2)-0.27%
Max Revenue beat(2)1.67%
Revenue beat(4)2
Avg Revenue beat(4)0.98%
Min Revenue beat(4)-0.76%
Max Revenue beat(4)3.26%
Revenue beat(8)5
Avg Revenue beat(8)0.8%
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)4.79%
PT rev (3m)7.12%
EPS NQ rev (1m)0.29%
EPS NQ rev (3m)-2.76%
EPS NY rev (1m)0.09%
EPS NY rev (3m)9.49%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)2.19%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)2.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.13 | ||
| Fwd PE | 32.86 | ||
| P/S | 3.55 | ||
| P/FCF | 100.36 | ||
| P/OCF | 42.37 | ||
| P/B | 3.84 | ||
| P/tB | 37.46 | ||
| EV/EBITDA | 23.16 |
EPS(TTM)0.83
EY2.12%
EPS(NY)1.19
Fwd EY3.04%
FCF(TTM)0.39
FCFY1%
OCF(TTM)0.92
OCFY2.36%
SpS11.02
BVpS10.2
TBVpS1.04
PEG (NY)0.4
PEG (5Y)N/A
Graham Number13.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.21% | ||
| ROE | 5.51% | ||
| ROCE | 8.42% | ||
| ROIC | 6.57% | ||
| ROICexc | 6.89% | ||
| ROICexgc | 22.16% | ||
| OM | 10.51% | ||
| PM (TTM) | 5.1% | ||
| GM | 57.2% | ||
| FCFM | 3.54% |
ROA(3y)-1.61%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.01%
ROIC(5y)N/A
ROICexc(3y)4.27%
ROICexc(5y)N/A
ROICexgc(3y)18.87%
ROICexgc(5y)N/A
ROCE(3y)5.08%
ROCE(5y)N/A
ROICexgc growth 3Y16.69%
ROICexgc growth 5YN/A
ROICexc growth 3Y36.01%
ROICexc growth 5YN/A
OM growth 3Y14.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.11%
GM growth 5YN/A
F-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.66 | ||
| Debt/EBITDA | 1.47 | ||
| Cap/Depr | 83.16% | ||
| Cap/Sales | 4.84% | ||
| Interest Coverage | 5.33 | ||
| Cash Conversion | 51.31% | ||
| Profit Quality | 69.32% | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 4.53 |
F-Score7
WACC7.37%
ROIC/WACC0.89
Cap/Depr(3y)81.5%
Cap/Depr(5y)67.78%
Cap/Sales(3y)4.31%
Cap/Sales(5y)4.1%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)336.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%135.71%
EPS Next Y117.44%
EPS Next 2Y64.49%
EPS Next 3Y50.66%
EPS Next 5Y41.19%
Revenue 1Y (TTM)25.9%
Revenue growth 3Y19.12%
Revenue growth 5YN/A
Sales Q2Q%29.73%
Revenue Next Year25.61%
Revenue Next 2Y20.8%
Revenue Next 3Y18.71%
Revenue Next 5Y16.61%
EBIT growth 1Y109.51%
EBIT growth 3Y36.01%
EBIT growth 5YN/A
EBIT Next Year100.64%
EBIT Next 3Y42.44%
EBIT Next 5Y28.72%
FCF growth 1Y243.29%
FCF growth 3Y-6.84%
FCF growth 5YN/A
OCF growth 1Y2924.31%
OCF growth 3Y16.59%
OCF growth 5YN/A
AMER SPORTS INC / AS FAQ
Can you provide the ChartMill fundamental rating for AMER SPORTS INC?
ChartMill assigns a fundamental rating of 4 / 10 to AS.
What is the valuation status for AS stock?
ChartMill assigns a valuation rating of 2 / 10 to AMER SPORTS INC (AS). This can be considered as Overvalued.
Can you provide the profitability details for AMER SPORTS INC?
AMER SPORTS INC (AS) has a profitability rating of 5 / 10.
What is the expected EPS growth for AMER SPORTS INC (AS) stock?
The Earnings per Share (EPS) of AMER SPORTS INC (AS) is expected to grow by 117.44% in the next year.