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AMER SPORTS INC (AS) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:AS - KYG0260P1028 - Common Stock

36.74 USD
-1.52 (-3.97%)
Last: 1/14/2026, 5:05:00 PM
36.73 USD
-0.01 (-0.03%)
After Hours: 1/14/2026, 5:05:00 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to AS. AS was compared to 45 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.


Dividend Valuation Growth Profitability Health

5

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.
  • Of the past 5 years AS 4 years had a positive operating cash flow.
AS Yearly Net Income VS EBIT VS OCF VS FCFAS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 0 200M -200M 400M

1.2 Ratios

  • AS has a Return On Assets (3.21%) which is in line with its industry peers.
  • AS has a Return On Equity (5.51%) which is comparable to the rest of the industry.
  • AS has a Return On Invested Capital (6.57%) which is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for AS is significantly below the industry average of 11.59%.
  • 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 RankSector 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
AS Yearly ROA, ROE, ROICAS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 0 200 -200

1.3 Margins

  • With a decent Profit Margin value of 5.10%, AS is doing good in the industry, outperforming 77.78% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 10.51%, AS is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
  • In the last couple of years the Operating Margin of AS has grown nicely.
  • With a decent Gross Margin value of 57.20%, AS is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • In the last couple of years the Gross Margin of AS has grown nicely.
Industry RankSector 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
AS Yearly Profit, Operating, Gross MarginsAS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 20 40

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4

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.
  • AS has a better debt/assets ratio than last year.
AS Yearly Shares OutstandingAS Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 100M 200M 300M 400M 500M
AS Yearly Total Debt VS Total AssetsAS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • AS has an Altman-Z score of 4.46. This indicates that AS is financially healthy and has little risk of bankruptcy at the moment.
  • AS has a better Altman-Z score (4.46) than 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 has a Debt to FCF ratio (8.66) which 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 71.11% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF 8.66
Altman-Z 4.46
ROIC/WACC0.91
WACC7.21%
AS Yearly LT Debt VS Equity VS FCFAS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 2B 4B 6B

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 73.33% of its industry peers.
  • A Quick Ratio of 0.70 indicates that AS may have some problems paying its short term obligations.
  • AS's Quick ratio of 0.70 is on the low side compared to the rest of the industry. AS is outperformed by 88.89% of its industry peers.
Industry RankSector Rank
Current Ratio 1.51
Quick Ratio 0.7
AS Yearly Current Assets VS Current LiabilitesAS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 500M 1B 1.5B 2B

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6

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

  • AS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 43.01% yearly.
  • AS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.69% yearly.
EPS Next Y117.44%
EPS Next 2Y64.49%
EPS Next 3Y50.66%
EPS Next 5Y43.01%
Revenue Next Year25.61%
Revenue Next 2Y20.8%
Revenue Next 3Y18.71%
Revenue Next 5Y16.69%

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.
AS Yearly Revenue VS EstimatesAS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
AS Yearly EPS VS EstimatesAS Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2

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2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 44.27, AS can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of AS indicates a slightly more expensive valuation: AS is more expensive than 64.44% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of AS to the average of the S&P500 Index (27.33), we can say AS is valued expensively.
  • The Price/Forward Earnings ratio is 30.86, which means the current valuation is very expensive for AS.
  • 71.11% of the companies in the same industry are cheaper than AS, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.12, AS is valued a bit more expensive.
Industry RankSector Rank
PE 44.27
Fwd PE 30.86
AS Price Earnings VS Forward Price EarningsAS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

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 68.89% of the companies listed in the same industry.
  • 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 RankSector Rank
P/FCF 94.26
EV/EBITDA 22.69
AS Per share dataAS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

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)0.38
PEG (5Y)N/A
EPS Next 2Y64.49%
EPS Next 3Y50.66%

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0

5. Dividend

5.1 Amount

  • No dividends for AS!.
Industry RankSector Rank
Dividend Yield 0%

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AMER SPORTS INC

NYSE:AS (1/14/2026, 5:05:00 PM)

After market: 36.73 -0.01 (-0.03%)

36.74

-1.52 (-3.97%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)11-18
Earnings (Next)02-09
Inst Owners34.84%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap20.34B
Revenue(TTM)6.10B
Net Income(TTM)311.30M
Analysts84.83
Price Target46.94 (27.76%)
Short Float %5.96%
Short Ratio2.56
Dividend
Industry RankSector 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)0.31%
PT rev (3m)4.55%
EPS NQ rev (1m)0.29%
EPS NQ rev (3m)-2.76%
EPS NY rev (1m)0.09%
EPS NY rev (3m)9.49%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)1.38%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.48%
Valuation
Industry RankSector Rank
PE 44.27
Fwd PE 30.86
P/S 3.33
P/FCF 94.26
P/OCF 39.79
P/B 3.6
P/tB 35.18
EV/EBITDA 22.69
EPS(TTM)0.83
EY2.26%
EPS(NY)1.19
Fwd EY3.24%
FCF(TTM)0.39
FCFY1.06%
OCF(TTM)0.92
OCFY2.51%
SpS11.02
BVpS10.2
TBVpS1.04
PEG (NY)0.38
PEG (5Y)N/A
Graham Number13.8
Profitability
Industry RankSector 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 RankSector 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 4.46
F-Score7
WACC7.21%
ROIC/WACC0.91
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 5Y43.01%
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 5Y16.69%
EBIT growth 1Y109.51%
EBIT growth 3Y36.01%
EBIT growth 5YN/A
EBIT Next Year100.64%
EBIT Next 3Y42.44%
EBIT Next 5Y30.33%
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 for 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.


What is the expected EPS growth for AMER SPORTS INC (AS) stock?

The Earnings per Share (EPS) of AMER SPORTS INC (AS) is expected to grow by 117.44% in the next year.