AMER SPORTS INC (AS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AS - KYG0260P1028 - Common Stock
37.03 USD
-0.1 (-0.27%)
37.03 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to AS. AS was compared to 46 industry peers in the Textiles, Apparel & Luxury Goods industry. AS has an average financial health and profitability rating. 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.
AS had a positive operating cash flow in the past year.
In the past 5 years AS reported 4 times negative net income.
AS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
AS has a Return On Assets (3.21%) which is comparable to the rest of the industry.
With a Return On Equity value of 5.51%, AS perfoms like the industry average, outperforming 43.48% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.57%, AS is in line with its industry, outperforming 56.52% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AS is significantly below the industry average of 11.99%.
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
Looking at the Profit Margin, with a value of 5.10%, AS is in the better half of the industry, outperforming 71.74% of the companies in the same industry.
AS has a better Operating Margin (10.51%) than 76.09% of its industry peers.
AS's Operating Margin has improved in the last couple of years.
AS's Gross Margin of 57.20% is fine compared to the rest of the industry. AS outperforms 67.39% of its industry peers.
In the last couple of years the Gross Margin of AS has grown nicely.
| 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
An Altman-Z score of 4.37 indicates that AS is not in any danger for bankruptcy at the moment.
AS's Altman-Z score of 4.37 is amongst the best of the industry. AS outperforms 82.61% 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.
The Debt to FCF ratio of AS (8.66) is comparable to the rest of the industry.
AS has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.26, AS is in the better half of the industry, outperforming 67.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.66 | ||
| Altman-Z | 4.37 |
ROIC/WACC0.88
WACC7.5%
2.3 Liquidity
A Current Ratio of 1.51 indicates that AS should not have too much problems paying its short term obligations.
AS has a worse Current ratio (1.51) than 69.57% of its industry peers.
A Quick Ratio of 0.70 indicates that AS may have some problems paying its short term obligations.
AS has a Quick ratio of 0.70. This is amonst the worse of the industry: AS underperforms 84.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 336.84% over the past year.
The Revenue has grown by 25.90% in the past year. This is a very strong growth!
AS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.12% yearly.
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 Y100.22%
EPS Next 2Y60.91%
EPS Next 3Y49.09%
EPS Next 5Y41.19%
Revenue Next Year23.81%
Revenue Next 2Y19.9%
Revenue Next 3Y18.56%
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
Based on the Price/Earnings ratio of 44.61, the valuation of AS can be described as expensive.
AS's Price/Earnings ratio is a bit more expensive when compared to the industry. AS is more expensive than 63.04% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.11. AS is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 32.51, 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 69.57% of the companies are valued more cheaply.
AS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.61 | ||
| Fwd PE | 32.51 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AS indicates a slightly more expensive valuation: AS is more expensive than 71.74% of the companies listed 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 60.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 95 | ||
| EV/EBITDA | 22.06 |
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 49.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.45
PEG (5Y)N/A
EPS Next 2Y60.91%
EPS Next 3Y49.09%
5. Dividend
5.1 Amount
No dividends for AS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
37.03
-0.1 (-0.27%)
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 Cap20.50B
Revenue(TTM)6.10B
Net Income(TTM)311.30M
Analysts82.76
Price Target44.79 (20.96%)
Short Float %6.51%
Short Ratio2.39
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)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)-0.23%
PT rev (3m)5.4%
EPS NQ rev (1m)-2.82%
EPS NQ rev (3m)4.44%
EPS NY rev (1m)-0.3%
EPS NY rev (3m)4.04%
Revenue NQ rev (1m)1.18%
Revenue NQ rev (3m)5.77%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)2.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.61 | ||
| Fwd PE | 32.51 | ||
| P/S | 3.36 | ||
| P/FCF | 95 | ||
| P/OCF | 40.1 | ||
| P/B | 3.63 | ||
| P/tB | 35.46 | ||
| EV/EBITDA | 22.06 |
EPS(TTM)0.83
EY2.24%
EPS(NY)1.14
Fwd EY3.08%
FCF(TTM)0.39
FCFY1.05%
OCF(TTM)0.92
OCFY2.49%
SpS11.02
BVpS10.2
TBVpS1.04
PEG (NY)0.45
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 | 4.37 |
F-Score7
WACC7.5%
ROIC/WACC0.88
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 Y100.22%
EPS Next 2Y60.91%
EPS Next 3Y49.09%
EPS Next 5Y41.19%
Revenue 1Y (TTM)25.9%
Revenue growth 3Y19.12%
Revenue growth 5YN/A
Sales Q2Q%29.73%
Revenue Next Year23.81%
Revenue Next 2Y19.9%
Revenue Next 3Y18.56%
Revenue Next 5Y16.61%
EBIT growth 1Y109.51%
EBIT growth 3Y36.01%
EBIT growth 5YN/A
EBIT Next Year89.31%
EBIT Next 3Y41.11%
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 44.61 and the Price/Book (PB) ratio is 3.63.
What is the financial health of AMER SPORTS INC (AS) stock?
The financial health rating of AMER SPORTS INC (AS) is 4 / 10.