AMER SPORTS INC (AS) Fundamental Analysis & Valuation

NYSE:AS • KYG0260P1028

Current stock price

35.25 USD
+0.18 (+0.51%)
At close:
35.25 USD
0 (0%)
After Hours:

This AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. AS Profitability Analysis

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 multiple years AS reported negative net income over the last 5 years.
  • 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 2025 0 200M -200M 400M 600M

1.2 Ratios

  • With a decent Return On Assets value of 4.25%, AS is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • The Return On Equity of AS (7.37%) is comparable to the rest of the industry.
  • With a Return On Invested Capital value of 5.16%, AS perfoms like the industry average, outperforming 44.44% 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 9.53%.
  • The last Return On Invested Capital (5.16%) for AS is above the 3 year average (4.08%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.25%
ROE 7.37%
ROIC 5.16%
ROA(3y)0.88%
ROA(5y)-0.43%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.08%
ROIC(5y)3.22%
AS Yearly ROA, ROE, ROICAS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 2025 0 200 -200

1.3 Margins

  • Looking at the Profit Margin, with a value of 6.51%, AS is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
  • The Operating Margin of AS (10.35%) is better than 77.78% of its industry peers.
  • AS's Operating Margin has improved in the last couple of years.
  • AS's Gross Margin of 57.63% is fine compared to the rest of the industry. AS outperforms 73.33% of its industry peers.
  • In the last couple of years the Gross Margin of AS has grown nicely.
Industry RankSector Rank
OM 10.35%
PM (TTM) 6.51%
GM 57.63%
OM growth 3Y15.28%
OM growth 5Y12.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.06%
GM growth 5Y4.18%
AS Yearly Profit, Operating, Gross MarginsAS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 2025 0 20 40

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4

2. AS Health Analysis

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
  • AS has a better debt/assets ratio than last year.
AS Yearly Shares OutstandingAS Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 2025 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 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • AS has an Altman-Z score of 4.21. This indicates that AS is financially healthy and has little risk of bankruptcy at the moment.
  • AS has a Altman-Z score of 4.21. This is in the better half of the industry: AS outperforms 77.78% of its industry peers.
  • AS has a debt to FCF ratio of 4.01. This is a neutral value as AS would need 4.01 years to pay back of all of its debts.
  • AS has a better Debt to FCF ratio (4.01) than 68.89% of its industry peers.
  • AS has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.25, AS is in the better half of the industry, outperforming 71.11% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 4.01
Altman-Z 4.21
ROIC/WACC0.67
WACC7.64%
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 2025 0 2B 4B 6B

2.3 Liquidity

  • AS has a Current Ratio of 1.50. This is a normal value and indicates that AS is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.50, AS is doing worse than 77.78% of the companies in the same industry.
  • A Quick Ratio of 0.76 indicates that AS may have some problems paying its short term obligations.
  • AS has a Quick ratio of 0.76. This is amonst the worse of the industry: AS underperforms 84.44% of its industry peers.
Industry RankSector Rank
Current Ratio 1.5
Quick Ratio 0.76
AS Yearly Current Assets VS Current LiabilitesAS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 2025 1B 2B 3B

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7

3. AS Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 120.45% over the past year.
  • Looking at the last year, AS shows a very strong growth in Revenue. The Revenue has grown by 27.10%.
  • AS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.83% yearly.
EPS 1Y (TTM)120.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%82.35%
Revenue 1Y (TTM)27.1%
Revenue growth 3Y22.77%
Revenue growth 5Y21.83%
Sales Q2Q%28.47%

3.2 Future

  • The Earnings Per Share is expected to grow by 25.05% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 15.09% on average over the next years. This is quite good.
EPS Next Y25.06%
EPS Next 2Y25.39%
EPS Next 3Y24.29%
EPS Next 5Y25.05%
Revenue Next Year20.25%
Revenue Next 2Y17.29%
Revenue Next 3Y15.95%
Revenue Next 5Y15.09%

3.3 Evolution

  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past 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. AS Valuation Analysis

4.1 Price/Earnings Ratio

  • AS is valuated quite expensively with a Price/Earnings ratio of 36.34.
  • AS's Price/Earnings ratio is a bit more expensive when compared to the industry. AS is more expensive than 68.89% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.64. AS is valued slightly more expensive when compared to this.
  • A Price/Forward Earnings ratio of 29.06 indicates a quite expensive valuation of AS.
  • AS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. AS is more expensive than 71.11% of the companies in the same industry.
  • AS is valuated rather expensively when we compare the Price/Forward Earnings ratio to 21.36, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 36.34
Fwd PE 29.06
AS Price Earnings VS Forward Price EarningsAS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 71.11% 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 in line with the industry average.
Industry RankSector Rank
P/FCF 46.88
EV/EBITDA 20.3
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 PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of AS may justify a higher PE ratio.
  • AS's earnings are expected to grow with 24.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.45
PEG (5Y)N/A
EPS Next 2Y25.39%
EPS Next 3Y24.29%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. AS Dividend Analysis

5.1 Amount

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

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Find the best dividend stocksShow peers with best dividend

AS Fundamentals: All Metrics, Ratios and Statistics

AMER SPORTS INC

NYSE:AS (5/1/2026, 8:10:09 PM)

After market: 35.25 0 (0%)

35.25

+0.18 (+0.51%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Industry StrengthN/A
Industry GrowthN/A
Earnings (Last)02-24
Earnings (Next)05-19
Inst Owners32.64%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner Change5.82%
Market Cap20.49B
Revenue(TTM)6.57B
Net Income(TTM)427.40M
Analysts84.67
Price Target49.42 (40.2%)
Short Float %5.52%
Short Ratio2.51
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)18.02%
Min EPS beat(2)7.65%
Max EPS beat(2)28.39%
EPS beat(4)4
Avg EPS beat(4)56.66%
Min EPS beat(4)7.65%
Max EPS beat(4)119.82%
EPS beat(8)7
Avg EPS beat(8)87.02%
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)0.94%
Min Revenue beat(2)-0.27%
Max Revenue beat(2)2.14%
Revenue beat(4)3
Avg Revenue beat(4)1.7%
Min Revenue beat(4)-0.27%
Max Revenue beat(4)3.26%
Revenue beat(8)6
Avg Revenue beat(8)1.31%
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)-0.2%
PT rev (3m)4.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.52%
EPS NY rev (1m)1.02%
EPS NY rev (3m)1.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.57%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)3.43%
Valuation
Industry RankSector Rank
PE 36.34
Fwd PE 29.06
P/S 3.12
P/FCF 46.88
P/OCF 28.08
P/B 3.53
P/tB 30.06
EV/EBITDA 20.3
EPS(TTM)0.97
EY2.75%
EPS(NY)1.21
Fwd EY3.44%
FCF(TTM)0.75
FCFY2.13%
OCF(TTM)1.26
OCFY3.56%
SpS11.29
BVpS9.98
TBVpS1.17
PEG (NY)1.45
PEG (5Y)N/A
Graham Number14.7585 (-58.13%)
Profitability
Industry RankSector Rank
ROA 4.25%
ROE 7.37%
ROCE 8.65%
ROIC 5.16%
ROICexc 5.62%
ROICexgc 19.44%
OM 10.35%
PM (TTM) 6.51%
GM 57.63%
FCFM 6.66%
ROA(3y)0.88%
ROA(5y)-0.43%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.08%
ROIC(5y)3.22%
ROICexc(3y)4.38%
ROICexc(5y)3.46%
ROICexgc(3y)16.92%
ROICexgc(5y)14.68%
ROCE(3y)6.84%
ROCE(5y)5.4%
ROICexgc growth 3Y18.27%
ROICexgc growth 5YN/A
ROICexc growth 3Y34.72%
ROICexc growth 5YN/A
OM growth 3Y15.28%
OM growth 5Y12.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.06%
GM growth 5Y4.18%
F-Score7
Asset Turnover0.65
Health
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 4.01
Debt/EBITDA 1.37
Cap/Depr 76.18%
Cap/Sales 4.46%
Interest Coverage 7.09
Cash Conversion 68.6%
Profit Quality 102.27%
Current Ratio 1.5
Quick Ratio 0.76
Altman-Z 4.21
F-Score7
WACC7.64%
ROIC/WACC0.67
Cap/Depr(3y)83.36%
Cap/Depr(5y)73.74%
Cap/Sales(3y)4.49%
Cap/Sales(5y)4.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)120.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%82.35%
EPS Next Y25.06%
EPS Next 2Y25.39%
EPS Next 3Y24.29%
EPS Next 5Y25.05%
Revenue 1Y (TTM)27.1%
Revenue growth 3Y22.77%
Revenue growth 5Y21.83%
Sales Q2Q%28.47%
Revenue Next Year20.25%
Revenue Next 2Y17.29%
Revenue Next 3Y15.95%
Revenue Next 5Y15.09%
EBIT growth 1Y53.99%
EBIT growth 3Y41.52%
EBIT growth 5Y37.47%
EBIT Next Year68.57%
EBIT Next 3Y32.54%
EBIT Next 5Y27.92%
FCF growth 1Y219.75%
FCF growth 3YN/A
FCF growth 5Y18%
OCF growth 1Y71.84%
OCF growth 3YN/A
OCF growth 5Y19.63%

AMER SPORTS INC / AS Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for AMER SPORTS INC?

ChartMill assigns a fundamental rating of 5 / 10 to AS.


Can you provide the valuation status for AMER SPORTS INC?

ChartMill assigns a valuation rating of 2 / 10 to AMER SPORTS INC (AS). This can be considered as Overvalued.


What is the profitability of AS stock?

AMER SPORTS INC (AS) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for AS stock?

The Price/Earnings (PE) ratio for AMER SPORTS INC (AS) is 36.34 and the Price/Book (PB) ratio is 3.53.


Can you provide the financial health for AS stock?

The financial health rating of AMER SPORTS INC (AS) is 4 / 10.