AMER SPORTS INC (AS)
KYG0260P1028 - Common Stock
Taking everything into account, AS scores 3 out of 10 in our fundamental rating. AS was compared to 50 industry peers in the Textiles, Apparel & Luxury Goods industry. AS has a bad profitability rating. Also its financial health evaluation is rather negative. AS is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
AS had positive earnings in the past year.
AS had a positive operating cash flow in the past year.
1.2 Ratios
The Return On Assets of AS (-0.42%) is comparable to the rest of the industry.
AS has a Return On Equity (-0.91%) which is in line with its industry peers.
AS has a worse Return On Invested Capital (3.33%) than 62.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AS is significantly below the industry average of 11.65%.
The 3 year average ROIC (2.89%) for AS is below the current ROIC(3.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.42% | ||
| ROE | -0.91% | ||
| ROIC | 3.33% |
ROA(3y)-2.43%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)2.89%
ROIC(5y)N/A
1.3 Margins
AS's Operating Margin of 6.32% is in line compared to the rest of the industry. AS outperforms 54.00% of its industry peers.
In the last couple of years the Operating Margin of AS has grown nicely.
With a decent Gross Margin value of 54.08%, AS is doing good in the industry, outperforming 64.00% of the companies in the same industry.
AS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.32% | ||
| PM (TTM) | N/A | ||
| GM | 54.08% |
OM growth 3Y5.43%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.52%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AS is destroying value.
The number of shares outstanding for AS has been increased compared to 1 year ago.
The debt/assets ratio for AS is higher compared to a year ago.
2.2 Solvency
AS has an Altman-Z score of 2.96. This is not the best score and indicates that AS is in the grey zone with still only limited risk for bankruptcy at the moment.
AS's Altman-Z score of 2.96 is in line compared to the rest of the industry. AS outperforms 58.00% of its industry peers.
The Debt to FCF ratio of AS is 38.71, which is on the high side as it means it would take AS, 38.71 years of fcf income to pay off all of its debts.
AS's Debt to FCF ratio of 38.71 is on the low side compared to the rest of the industry. AS is outperformed by 66.00% of its industry peers.
A Debt/Equity ratio of 0.58 indicates that AS is somewhat dependend on debt financing.
AS's Debt to Equity ratio of 0.58 is on the low side compared to the rest of the industry. AS is outperformed by 64.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 38.71 | ||
| Altman-Z | 2.96 |
ROIC/WACC0.5
WACC6.67%
2.3 Liquidity
A Current Ratio of 1.62 indicates that AS should not have too much problems paying its short term obligations.
AS's Current ratio of 1.62 is on the low side compared to the rest of the industry. AS is outperformed by 70.00% of its industry peers.
AS has a Quick Ratio of 1.62. 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 has a worse Quick ratio (0.77) than 82.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 85.10% over the past year.
AS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.96%.
AS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.32% yearly.
EPS 1Y (TTM)85.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%257%
Revenue 1Y (TTM)13.96%
Revenue growth 3Y21.32%
Revenue growth 5YN/A
Sales Q2Q%18.1%
3.2 Future
AS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.52% yearly.
Based on estimates for the next years, AS will show a quite strong growth in Revenue. The Revenue will grow by 12.65% on average per year.
EPS Next Y194.02%
EPS Next 2Y83.14%
EPS Next 3Y56.62%
EPS Next 5Y38.52%
Revenue Next Year17.75%
Revenue Next 2Y16.19%
Revenue Next 3Y14.9%
Revenue Next 5Y12.65%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 151.47 indicates a quite expensive valuation of AS.
70.00% of the companies in the same industry are cheaper than AS, based on the Price/Earnings ratio.
AS 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 41.95, the valuation of AS can be described as expensive.
Based on the Price/Forward Earnings ratio, AS is valued a bit more expensive than the industry average as 68.00% of the companies are valued more cheaply.
AS's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 151.47 | ||
| Fwd PE | 41.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AS is valued a bit more expensive than 66.00% of the companies in the same industry.
AS's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. AS is more expensive than 66.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 202.08 | ||
| EV/EBITDA | 30.14 |
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 56.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.78
PEG (5Y)N/A
EPS Next 2Y83.14%
EPS Next 3Y56.62%
5. Dividend
5.1 Amount
AS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AMER SPORTS INC
NYSE:AS (12/24/2024, 7:56:10 PM)
After market: 28.96 +0.18 (+0.63%)28.78
+0.22 (+0.77%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners22.48%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap14.55B
Analysts83.2
Price Target23.5 (-18.35%)
Short Float %6.33%
Short Ratio2.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/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)109.53%
Min EPS beat(2)32.79%
Max EPS beat(2)186.27%
EPS beat(4)3
Avg EPS beat(4)-99.69%
Min EPS beat(4)-870.87%
Max EPS beat(4)253.05%
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)1.39%
Min Revenue beat(2)1.03%
Max Revenue beat(2)1.75%
Revenue beat(4)3
Avg Revenue beat(4)0.59%
Min Revenue beat(4)-1.94%
Max Revenue beat(4)1.75%
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)1.37%
PT rev (3m)24.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-26.72%
EPS NY rev (1m)5.53%
EPS NY rev (3m)5.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.37%
Revenue NY rev (1m)0.9%
Revenue NY rev (3m)0.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 151.47 | ||
| Fwd PE | 41.95 | ||
| P/S | 3 | ||
| P/FCF | 202.08 | ||
| P/OCF | 45.05 | ||
| P/B | 3.54 | ||
| P/tB | N/A | ||
| EV/EBITDA | 30.14 |
EPS(TTM)0.19
EY0.66%
EPS(NY)0.69
Fwd EY2.38%
FCF(TTM)0.14
FCFY0.49%
OCF(TTM)0.64
OCFY2.22%
SpS9.58
BVpS8.12
TBVpS-1.83
PEG (NY)0.78
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.42% | ||
| ROE | -0.91% | ||
| ROCE | 4.22% | ||
| ROIC | 3.33% | ||
| ROICexc | 3.48% | ||
| ROICexgc | 12.62% | ||
| OM | 6.32% | ||
| PM (TTM) | N/A | ||
| GM | 54.08% | ||
| FCFM | 1.49% |
ROA(3y)-2.43%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)2.89%
ROIC(5y)N/A
ROICexc(3y)3.1%
ROICexc(5y)N/A
ROICexgc(3y)16.19%
ROICexgc(5y)N/A
ROCE(3y)3.66%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y5.43%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.52%
GM growth 5YN/A
F-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 38.71 | ||
| Debt/EBITDA | 4.24 | ||
| Cap/Depr | 96.95% | ||
| Cap/Sales | 5.18% | ||
| Interest Coverage | 1.34 | ||
| Cash Conversion | 57.18% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.62 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 2.96 |
F-Score6
WACC6.67%
ROIC/WACC0.5
Cap/Depr(3y)62.44%
Cap/Depr(5y)N/A
Cap/Sales(3y)3.54%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)85.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%257%
EPS Next Y194.02%
EPS Next 2Y83.14%
EPS Next 3Y56.62%
EPS Next 5Y38.52%
Revenue 1Y (TTM)13.96%
Revenue growth 3Y21.32%
Revenue growth 5YN/A
Sales Q2Q%18.1%
Revenue Next Year17.75%
Revenue Next 2Y16.19%
Revenue Next 3Y14.9%
Revenue Next 5Y12.65%
EBIT growth 1Y-18.92%
EBIT growth 3Y27.91%
EBIT growth 5YN/A
EBIT Next Year99.54%
EBIT Next 3Y40.8%
EBIT Next 5Y30.05%
FCF growth 1Y120.45%
FCF growth 3Y-37.26%
FCF growth 5YN/A
OCF growth 1Y317.01%
OCF growth 3Y-12.58%
OCF growth 5YN/A