AMER SPORTS INC (AS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AS - KYG0260P1028 - Common Stock
37.84 USD
-0.09 (-0.24%)
37.83 USD
-0.01 (-0.03%)
AS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals 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
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 3.21%, AS perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
With a Return On Equity value of 5.51%, AS perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
AS has a Return On Invested Capital (6.57%) which is in line with its industry peers.
AS had an Average Return On Invested Capital over the past 3 years of 4.01%. This is significantly below the industry average of 11.70%.
The last Return On Invested Capital (6.57%) for AS is above the 3 year average (4.01%), which is a sign of increasing profitability.
| 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
AS has a better Profit Margin (5.10%) than 77.78% of its industry peers.
AS's Operating Margin of 10.51% is fine compared to the rest of the industry. AS outperforms 77.78% of its industry peers.
In the last couple of years the Operating Margin of AS has grown nicely.
AS has a Gross Margin of 57.20%. This is in the better half of the industry: AS outperforms 66.67% of its industry peers.
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.
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 4.43 indicates that AS is not in any danger for bankruptcy at the moment.
AS has a Altman-Z score of 4.43. This is in the better half of the industry: AS outperforms 80.00% of its industry peers.
The Debt to FCF ratio of AS is 8.66, which is on the high side as it means it would take AS, 8.66 years of fcf income to pay off all of its debts.
AS's Debt to FCF ratio of 8.66 is in line compared to the rest of the industry. AS outperforms 46.67% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that AS is not too dependend on debt financing.
AS's Debt to Equity ratio of 0.26 is fine compared to the rest of the industry. AS outperforms 68.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.66 | ||
| Altman-Z | 4.43 |
ROIC/WACC0.92
WACC7.14%
2.3 Liquidity
A Current Ratio of 1.51 indicates that AS should not have too much problems paying its short term obligations.
The Current ratio of AS (1.51) is worse 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 has a Quick ratio of 0.70. This is amonst the worse of the industry: AS underperforms 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.
Looking at the last year, AS shows a very strong growth in Revenue. The Revenue has grown by 25.90%.
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
The Earnings Per Share is expected to grow by 41.19% on average over the next years. This is a very strong growth
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
With a Price/Earnings ratio of 45.59, AS can be considered very expensive at the moment.
AS's Price/Earnings ratio is a bit more expensive when compared to the industry. AS is more expensive than 66.67% of the companies in the same industry.
When comparing the Price/Earnings ratio of AS to the average of the S&P500 Index (26.59), we can say AS is valued expensively.
With a Price/Forward Earnings ratio of 31.78, AS can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AS indicates a slightly more expensive valuation: AS is more expensive than 71.11% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, AS is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.59 | ||
| Fwd PE | 31.78 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AS is valued a bit more expensive than the industry average as 75.56% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, AS is valued a bit more expensive than the industry average as 62.22% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 97.08 | ||
| EV/EBITDA | 22.5 |
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 50.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y64.49%
EPS Next 3Y50.66%
5. Dividend
5.1 Amount
AS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
37.84
-0.09 (-0.24%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners34.58%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap20.95B
Revenue(TTM)6.10B
Net Income(TTM)311.30M
Analysts83.45
Price Target46.94 (24.05%)
Short Float %6.54%
Short Ratio2.41
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)0.06%
EPS NQ rev (3m)-2.76%
EPS NY rev (1m)8.6%
EPS NY rev (3m)9.49%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)2.19%
Revenue NY rev (1m)1.45%
Revenue NY rev (3m)2.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.59 | ||
| Fwd PE | 31.78 | ||
| P/S | 3.43 | ||
| P/FCF | 97.08 | ||
| P/OCF | 40.98 | ||
| P/B | 3.71 | ||
| P/tB | 36.24 | ||
| EV/EBITDA | 22.5 |
EPS(TTM)0.83
EY2.19%
EPS(NY)1.19
Fwd EY3.15%
FCF(TTM)0.39
FCFY1.03%
OCF(TTM)0.92
OCFY2.44%
SpS11.02
BVpS10.2
TBVpS1.04
PEG (NY)0.39
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 | 4.43 |
F-Score7
WACC7.14%
ROIC/WACC0.92
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 3Y42.27%
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 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 45.59 and the Price/Book (PB) ratio is 3.71.
What is the financial health of AMER SPORTS INC (AS) stock?
The financial health rating of AMER SPORTS INC (AS) is 4 / 10.