AMER SPORTS INC (AS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AS - KYG0260P1028 - Common Stock
37.135 USD
-0.95 (-2.48%)
Taking everything into account, AS scores 4 out of 10 in our fundamental rating. AS was compared to 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. While showing a medium growth rate, AS is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year AS was profitable.
- 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
- AS has a Return On Assets of 3.21%. This is comparable to the rest of the industry: AS outperforms 55.56% of its industry peers.
- Looking at the Return On Equity, with a value of 5.51%, AS is in line with its industry, outperforming 46.67% 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 57.78% 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 11.59%.
- 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
- Looking at the Profit Margin, with a value of 5.10%, AS is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
- 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 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.
- The number of shares outstanding for AS has been increased compared to 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 4.44 indicates that AS is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 4.44, AS belongs to the best of the industry, outperforming 82.22% of the companies in the same industry.
- 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 of 8.66. This is comparable 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.
- 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 | 4.44 |
ROIC/WACC0.89
WACC7.41%
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.
- 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.
- 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 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 336.84% over the past year.
- AS shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.90%.
- 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
- AS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 43.01% yearly.
- Based on estimates for the next years, AS will show a quite strong growth in Revenue. The Revenue will grow by 16.69% on average per year.
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.
4. Valuation
4.1 Price/Earnings Ratio
- AS is valuated quite expensively with a Price/Earnings ratio of 44.74.
- 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.
- AS is valuated expensively when we compare the Price/Earnings ratio to 28.82, which is the current average of the S&P500 Index.
- AS is valuated quite expensively with a Price/Forward Earnings ratio of 31.10.
- Based on the Price/Forward Earnings ratio, AS is valued a bit more expensive than 71.11% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of AS to the average of the S&P500 Index (25.95), we can say AS is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.74 | ||
| Fwd PE | 31.1 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AS is valued a bit more expensive than the industry average as 68.89% of the companies are valued more cheaply.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of AS indicates a slightly more expensive valuation: AS is more expensive than 62.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 95.27 | ||
| EV/EBITDA | 22.59 |
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 51.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y64.72%
EPS Next 3Y51.24%
5. Dividend
5.1 Amount
- AS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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 117.47% in the next year.