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. AS has only an average score on both its financial health and profitability. AS is quite expensive at the moment. It does show a decent growth rate.

Quickly go to:

1. Profitability

2. Health

3. Growth

4. Valuation

5. Dividend

1. Profitability

1.1 Basic Checks

In the past year AS was profitable.
AS had a positive operating cash flow in the past year.
In the past 5 years AS reported 4 times negative net income.
Of the past 5 years AS 4 years had a positive operating cash flow.

1.2 Ratios

AS's Return On Assets of 3.21% is in line compared to the rest of the industry. AS outperforms 55.56% of its industry peers.
The Return On Equity of AS (5.51%) is comparable to the rest of the industry.
AS has a Return On Invested Capital of 6.57%. This is comparable to the rest of the industry: AS outperforms 57.78% of 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 11.60%.
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's Profit Margin of 5.10% is fine compared to the rest of the industry. AS outperforms 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.
AS's Operating Margin has improved in the last couple of years.
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

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AS is destroying value.
AS has more shares outstanding than it did 1 year ago.
The debt/assets ratio for AS has been reduced compared to a year ago.

2.2 Solvency

An Altman-Z score of 4.33 indicates that AS is not in any danger for bankruptcy at the moment.
AS has a Altman-Z score of 4.33. This is amongst the best in the industry. AS outperforms 82.22% 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 71.11% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.26
Debt/FCF	8.66
Altman-Z	4.33

ROIC/WACC0.92

WACC7.18%

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 Current ratio of 1.51. This is in the lower half of the industry: AS underperforms 75.56% 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.
Looking at the Quick ratio, with a value of 0.70, AS is doing worse than 88.89% of the companies in the same industry.

		Industry Rank	Sector Rank
Current Ratio	1.51
Quick Ratio	0.7

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 336.84% over the past year.
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

Based on estimates for the next years, AS will show a very strong growth in Earnings Per Share. The EPS will grow by 43.01% on average per year.
The Revenue is expected to grow by 16.69% on average over the next years. This is quite good.

EPS Next Y117.47%

EPS Next 2Y64.72%

EPS Next 3Y51.24%

EPS Next 5Y43.01%

Revenue Next Year25.59%

Revenue Next 2Y20.85%

Revenue Next 3Y18.81%

Revenue Next 5Y16.69%

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.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 45.75, AS can be considered very expensive at the moment.
Based on the Price/Earnings ratio, AS is valued a bit more expensive than 64.44% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.41. AS is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 31.80, which means the current valuation is very expensive for AS.
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.
Compared to an average S&P500 Price/Forward Earnings ratio of 25.64, AS is valued a bit more expensive.

		Industry Rank	Sector Rank
PE	45.75
Fwd PE	31.8

4.2 Price Multiples

68.89% of the companies in the same industry are cheaper than AS, based on the Enterprise Value to EBITDA ratio.
AS's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. AS is more expensive than 62.22% of the companies in the same industry.

		Industry Rank	Sector Rank
P/FCF	97.41
EV/EBITDA	21.78

4.3 Compensation for Growth

AS's 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 51.24% in the coming years.