AMER SPORTS INC (AS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AS - KYG0260P1028 - Common Stock
38.53 USD
-0.59 (-1.51%)
38.63 USD
+0.1 (+0.26%)
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 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.
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.
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
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.
AS has a Return On Equity (5.51%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 6.57%, AS is in line with its industry, outperforming 57.78% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years 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 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.
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.
AS has a better Gross Margin (57.20%) than 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AS is destroying value.
Compared to 1 year ago, AS has more shares outstanding
The debt/assets ratio for AS has been reduced compared to a year ago.
2.2 Solvency
AS has an Altman-Z score of 4.48. This indicates that AS is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.48, AS is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
AS has a debt to FCF ratio of 8.66. This is a slightly negative value and a sign of low solvency as AS would need 8.66 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.66, AS is in line with its industry, outperforming 46.67% of the companies in the same industry.
A Debt/Equity ratio of 0.26 indicates that AS is not too dependend on debt financing.
The Debt to Equity ratio of AS (0.26) is better than 71.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.66 | ||
| Altman-Z | 4.48 |
ROIC/WACC0.89
WACC7.38%
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 Current ratio of 1.51. This is in the lower half of the industry: AS underperforms 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.
The Quick ratio of AS (0.70) is worse than 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
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
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 46.42 indicates a quite expensive valuation of AS.
Based on the Price/Earnings ratio, AS is valued a bit more expensive than the industry average as 64.44% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 27.19. AS is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 32.36, the valuation of AS can be described as expensive.
Based on the Price/Forward Earnings ratio, AS is valued a bit more expensive than 71.11% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, AS is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.42 | ||
| Fwd PE | 32.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AS is valued a bit more expensive than 68.89% 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 62.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 98.85 | ||
| EV/EBITDA | 22.84 |
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 50.66% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y64.49%
EPS Next 3Y50.66%
5. Dividend
5.1 Amount
No dividends for AS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
38.53
-0.59 (-1.51%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners34.84%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap21.33B
Revenue(TTM)6.10B
Net Income(TTM)311.30M
Analysts84.83
Price Target46.94 (21.83%)
Short Float %5.96%
Short Ratio2.56
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)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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.42 | ||
| Fwd PE | 32.36 | ||
| P/S | 3.5 | ||
| P/FCF | 98.85 | ||
| P/OCF | 41.73 | ||
| P/B | 3.78 | ||
| P/tB | 36.9 | ||
| EV/EBITDA | 22.84 |
EPS(TTM)0.83
EY2.15%
EPS(NY)1.19
Fwd EY3.09%
FCF(TTM)0.39
FCFY1.01%
OCF(TTM)0.92
OCFY2.4%
SpS11.02
BVpS10.2
TBVpS1.04
PEG (NY)0.4
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 | 4.48 |
F-Score7
WACC7.38%
ROIC/WACC0.89
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.