AMER SPORTS INC (AS) Stock Fundamental Analysis
USA - NYSE:AS - KYG0260P1028 - Common Stock
31.23 USD
-0.7 (-2.19%)
31.0503 USD
-0.18 (-0.58%)
Overall AS gets a fundamental rating of 4 out of 10. We evaluated AS against 48 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. While showing a medium growth rate, AS is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
AS had positive earnings in the past year.
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
With a Return On Assets value of 2.48%, AS perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
The Return On Equity of AS (4.07%) is worse than 62.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.19%, AS is in line with its industry, outperforming 45.83% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AS is significantly below the industry average of 12.23%.
The 3 year average ROIC (4.01%) for AS is below the current ROIC(6.19%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.48% | ||
| ROE | 4.07% | ||
| ROIC | 6.19% |
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
AS has a better Profit Margin (3.93%) than 60.42% of its industry peers.
AS has a better Operating Margin (10.18%) than 77.08% of its industry peers.
In the last couple of years the Operating Margin of AS has grown nicely.
The Gross Margin of AS (56.84%) is better than 68.75% of its industry peers.
AS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.18% | ||
| PM (TTM) | 3.93% | ||
| GM | 56.84% |
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.
AS has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, AS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.35 indicates that AS is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 4.35, AS belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
AS has a debt to FCF ratio of 9.21. This is a negative value and a sign of low solvency as AS would need 9.21 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.21, AS is in line with its industry, outperforming 43.75% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that AS is not too dependend on debt financing.
AS's Debt to Equity ratio of 0.24 is fine compared to the rest of the industry. AS outperforms 64.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 9.21 | ||
| Altman-Z | 4.35 |
ROIC/WACC0.86
WACC7.18%
2.3 Liquidity
A Current Ratio of 1.60 indicates that AS should not have too much problems paying its short term obligations.
AS has a worse Current ratio (1.60) than 64.58% of its industry peers.
AS has a Quick Ratio of 1.60. 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 0.61 is on the low side compared to the rest of the industry. AS is outperformed by 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
AS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 258.64%, which is quite impressive.
Looking at the last year, AS shows a very strong growth in Revenue. The Revenue has grown by 22.86%.
The Revenue has been growing by 19.12% on average over the past years. This is quite good.
EPS 1Y (TTM)258.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20%
Revenue 1Y (TTM)22.86%
Revenue growth 3Y19.12%
Revenue growth 5YN/A
Sales Q2Q%24.4%
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 37.04% on average per year.
AS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.30% yearly.
EPS Next Y100.83%
EPS Next 2Y61.16%
EPS Next 3Y49.6%
EPS Next 5Y37.04%
Revenue Next Year23.78%
Revenue Next 2Y19.93%
Revenue Next 3Y18.62%
Revenue Next 5Y16.3%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 48.80 indicates a quite expensive valuation of AS.
70.83% of the companies in the same industry are cheaper than AS, based on the Price/Earnings ratio.
AS's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.10.
The Price/Forward Earnings ratio is 27.33, which means the current valuation is very expensive for AS.
AS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. AS is more expensive than 64.58% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.52. AS is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.8 | ||
| Fwd PE | 27.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AS is valued a bit more expensive than 68.75% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AS indicates a slightly more expensive valuation: AS is more expensive than 62.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 100.46 | ||
| EV/EBITDA | 21.35 |
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.
AS's earnings are expected to grow with 49.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.48
PEG (5Y)N/A
EPS Next 2Y61.16%
EPS Next 3Y49.6%
5. Dividend
5.1 Amount
AS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
31.23
-0.7 (-2.19%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners31.99%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap17.29B
Revenue(TTM)5.70B
Net Income(TTM)224.00M
Analysts82.86
Price Target44.9 (43.77%)
Short Float %6.96%
Short Ratio2.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)95.3%
Min EPS beat(2)70.77%
Max EPS beat(2)119.82%
EPS beat(4)3
Avg EPS beat(4)55.19%
Min EPS beat(4)-2.6%
Max EPS beat(4)119.82%
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)2
Avg Revenue beat(2)2.47%
Min Revenue beat(2)1.67%
Max Revenue beat(2)3.26%
Revenue beat(4)3
Avg Revenue beat(4)1.34%
Min Revenue beat(4)-0.76%
Max Revenue beat(4)3.26%
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)2.46%
PT rev (3m)6.44%
EPS NQ rev (1m)6.72%
EPS NQ rev (3m)15.93%
EPS NY rev (1m)1.13%
EPS NY rev (3m)12.02%
Revenue NQ rev (1m)4.1%
Revenue NQ rev (3m)10.33%
Revenue NY rev (1m)1.05%
Revenue NY rev (3m)4.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.8 | ||
| Fwd PE | 27.33 | ||
| P/S | 3.03 | ||
| P/FCF | 100.46 | ||
| P/OCF | 37.15 | ||
| P/B | 3.14 | ||
| P/tB | 39.21 | ||
| EV/EBITDA | 21.35 |
EPS(TTM)0.64
EY2.05%
EPS(NY)1.14
Fwd EY3.66%
FCF(TTM)0.31
FCFY1%
OCF(TTM)0.84
OCFY2.69%
SpS10.29
BVpS9.95
TBVpS0.8
PEG (NY)0.48
PEG (5Y)N/A
Graham Number11.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.48% | ||
| ROE | 4.07% | ||
| ROCE | 7.83% | ||
| ROIC | 6.19% | ||
| ROICexc | 6.45% | ||
| ROICexgc | 22.5% | ||
| OM | 10.18% | ||
| PM (TTM) | 3.93% | ||
| GM | 56.84% | ||
| FCFM | 3.02% |
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 | 0.24 | ||
| Debt/FCF | 9.21 | ||
| Debt/EBITDA | 1.47 | ||
| Cap/Depr | 95.35% | ||
| Cap/Sales | 5.15% | ||
| Interest Coverage | 3.7 | ||
| Cash Conversion | 52.42% | ||
| Profit Quality | 76.83% | ||
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 4.35 |
F-Score7
WACC7.18%
ROIC/WACC0.86
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)258.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20%
EPS Next Y100.83%
EPS Next 2Y61.16%
EPS Next 3Y49.6%
EPS Next 5Y37.04%
Revenue 1Y (TTM)22.86%
Revenue growth 3Y19.12%
Revenue growth 5YN/A
Sales Q2Q%24.4%
Revenue Next Year23.78%
Revenue Next 2Y19.93%
Revenue Next 3Y18.62%
Revenue Next 5Y16.3%
EBIT growth 1Y136.57%
EBIT growth 3Y36.01%
EBIT growth 5YN/A
EBIT Next Year89.31%
EBIT Next 3Y41.11%
EBIT Next 5Y27.53%
FCF growth 1Y192.48%
FCF growth 3Y-6.84%
FCF growth 5YN/A
OCF growth 1Y1361.25%
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 of AMER SPORTS INC (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.
Can you provide the PE and PB ratios for AS stock?
The Price/Earnings (PE) ratio for AMER SPORTS INC (AS) is 48.8 and the Price/Book (PB) ratio is 3.14.
What is the financial health of AMER SPORTS INC (AS) stock?
The financial health rating of AMER SPORTS INC (AS) is 4 / 10.