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AMER SPORTS INC (AS) Stock Fundamental Analysis

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

37.03 USD
-0.26 (-0.7%)
Last: 1/16/2026, 8:04:00 PM
36.4617 USD
-0.57 (-1.53%)
After Hours: 1/16/2026, 8:04:00 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 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.


Dividend Valuation Growth Profitability Health

5

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.
  • 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

  • The Return On Assets of AS (3.21%) is comparable to the rest of the industry.
  • AS has a Return On Equity of 5.51%. This is comparable to the rest of the industry: AS outperforms 46.67% of its industry peers.
  • The Return On Invested Capital of AS (6.57%) is comparable to the rest of the industry.
  • AS had an Average Return On Invested Capital over the past 3 years of 4.01%. This is significantly below the industry average of 11.59%.
  • 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

  • AS has a Profit Margin of 5.10%. This is in the better half 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.
  • 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

  • AS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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 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 4.36. This indicates that AS is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of AS (4.36) is better than 80.00% of its industry peers.
  • 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.
  • 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.
  • 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 4.36
ROIC/WACC0.91
WACC7.2%
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

  • 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.
  • AS has a Quick ratio of 0.70. This is amonst the worse of the industry: AS underperforms 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%.
  • Measured over the past years, AS shows a quite strong growth in Revenue. The Revenue has been growing by 19.12% on average per year.
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.
  • 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 Y117.47%
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

  • 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

  • AS is valuated quite expensively with a Price/Earnings ratio of 44.61.
  • 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.
  • Compared to an average S&P500 Price/Earnings ratio of 27.38, AS is valued quite expensively.
  • A Price/Forward Earnings ratio of 31.02 indicates a quite expensive valuation of AS.
  • 71.11% of the companies in the same industry are cheaper than AS, based on the Price/Forward Earnings ratio.
  • AS's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.29.
Industry RankSector Rank
PE 44.61
Fwd PE 31.02
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

  • AS's Enterprise Value to EBITDA 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.
  • 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 RankSector Rank
P/FCF 95
EV/EBITDA 22
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

  • 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.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y64.72%
EPS Next 3Y51.24%

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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 (1/16/2026, 8:04:00 PM)

After market: 36.4617 -0.57 (-1.53%)

37.03

-0.26 (-0.7%)

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 Cap20.50B
Revenue(TTM)6.10B
Net Income(TTM)311.30M
Analysts84.83
Price Target47.45 (28.14%)
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)1.4%
PT rev (3m)5.68%
EPS NQ rev (1m)-0.3%
EPS NQ rev (3m)-3.06%
EPS NY rev (1m)0.02%
EPS NY rev (3m)9.51%
Revenue NQ rev (1m)-0.15%
Revenue NQ rev (3m)1.23%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.47%
Valuation
Industry RankSector Rank
PE 44.61
Fwd PE 31.02
P/S 3.36
P/FCF 95
P/OCF 40.1
P/B 3.63
P/tB 35.46
EV/EBITDA 22
EPS(TTM)0.83
EY2.24%
EPS(NY)1.19
Fwd EY3.22%
FCF(TTM)0.39
FCFY1.05%
OCF(TTM)0.92
OCFY2.49%
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 4.36
F-Score7
WACC7.2%
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 Y117.47%
EPS Next 2Y64.72%
EPS Next 3Y51.24%
EPS Next 5Y43.01%
Revenue 1Y (TTM)25.9%
Revenue growth 3Y19.12%
Revenue growth 5YN/A
Sales Q2Q%29.73%
Revenue Next Year25.59%
Revenue Next 2Y20.85%
Revenue Next 3Y18.81%
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 117.47% in the next year.