ACADEMY SPORTS & OUTDOORS IN (ASO) Stock Fundamental Analysis
USA - NASDAQ:ASO - US00402L1070 - Common Stock
46.47 USD
-1.55 (-3.23%)
46.47 USD
0 (0%)
Overall ASO gets a fundamental rating of 6 out of 10. We evaluated ASO against 121 industry peers in the Specialty Retail industry. ASO scores excellent on profitability, but there are some minor concerns on its financial health. ASO may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make ASO suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year ASO was profitable.
ASO had a positive operating cash flow in the past year.
Each year in the past 5 years ASO has been profitable.
ASO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ASO's Return On Assets of 7.03% is fine compared to the rest of the industry. ASO outperforms 78.05% of its industry peers.
With a decent Return On Equity value of 17.87%, ASO is doing good in the industry, outperforming 78.05% of the companies in the same industry.
ASO has a better Return On Invested Capital (9.36%) than 73.98% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ASO is above the industry average of 12.11%.
The last Return On Invested Capital (9.36%) for ASO is well below the 3 year average (14.39%), which needs to be investigated, but indicates that ASO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 17.87% | ||
| ROIC | 9.36% |
ROA(3y)11.1%
ROA(5y)11%
ROE(3y)28.67%
ROE(5y)31.91%
ROIC(3y)14.39%
ROIC(5y)14.77%
1.3 Margins
With an excellent Profit Margin value of 6.21%, ASO belongs to the best of the industry, outperforming 81.30% of the companies in the same industry.
ASO's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 8.17%, ASO is doing good in the industry, outperforming 79.67% of the companies in the same industry.
ASO's Operating Margin has improved in the last couple of years.
ASO has a Gross Margin of 34.04%. This is comparable to the rest of the industry: ASO outperforms 43.90% of its industry peers.
In the last couple of years the Gross Margin of ASO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.17% | ||
| PM (TTM) | 6.21% | ||
| GM | 34.04% |
OM growth 3Y-12.18%
OM growth 5Y19.57%
PM growth 3Y-10.73%
PM growth 5Y23.2%
GM growth 3Y-0.79%
GM growth 5Y2.73%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ASO is creating some value.
The number of shares outstanding for ASO has been reduced compared to 1 year ago.
ASO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ASO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.68 indicates that ASO is not a great score, but indicates only limited risk for bankruptcy at the moment.
ASO has a Altman-Z score (2.68) which is in line with its industry peers.
The Debt to FCF ratio of ASO is 2.03, which is a good value as it means it would take ASO, 2.03 years of fcf income to pay off all of its debts.
ASO's Debt to FCF ratio of 2.03 is fine compared to the rest of the industry. ASO outperforms 76.42% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that ASO is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.23, ASO is doing good in the industry, outperforming 60.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.03 | ||
| Altman-Z | 2.68 |
ROIC/WACC0.97
WACC9.66%
2.3 Liquidity
ASO has a Current Ratio of 1.64. This is a normal value and indicates that ASO is financially healthy and should not expect problems in meeting its short term obligations.
ASO has a Current ratio of 1.64. This is in the better half of the industry: ASO outperforms 69.92% of its industry peers.
A Quick Ratio of 0.33 indicates that ASO may have some problems paying its short term obligations.
ASO has a Quick ratio of 0.33. This is in the lower half of the industry: ASO underperforms 69.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
The earnings per share for ASO have decreased strongly by -15.82% in the last year.
The Earnings Per Share has been growing by 33.32% on average over the past years. This is a very strong growth
Looking at the last year, ASO shows a decrease in Revenue. The Revenue has decreased by -2.20% in the last year.
ASO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.20% yearly.
EPS 1Y (TTM)-15.82%
EPS 3Y-7.28%
EPS 5Y33.32%
EPS Q2Q%-4.43%
Revenue 1Y (TTM)-2.2%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%3.28%
3.2 Future
The Earnings Per Share is expected to grow by 8.68% on average over the next years. This is quite good.
Based on estimates for the next years, ASO will show a small growth in Revenue. The Revenue will grow by 6.21% on average per year.
EPS Next Y-2.88%
EPS Next 2Y4.03%
EPS Next 3Y7.45%
EPS Next 5Y8.68%
Revenue Next Year3.94%
Revenue Next 2Y4.67%
Revenue Next 3Y5.98%
Revenue Next 5Y6.21%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.24, the valuation of ASO can be described as reasonable.
Based on the Price/Earnings ratio, ASO is valued cheaply inside the industry as 92.68% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.30. ASO is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.10, which indicates a rather cheap valuation of ASO.
94.31% of the companies in the same industry are more expensive than ASO, based on the Price/Forward Earnings ratio.
ASO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.24 | ||
| Fwd PE | 7.1 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASO indicates a rather cheap valuation: ASO is cheaper than 87.80% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ASO is valued cheaply inside the industry as 83.74% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.98 | ||
| EV/EBITDA | 5.38 |
4.3 Compensation for Growth
The excellent profitability rating of ASO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.25
EPS Next 2Y4.03%
EPS Next 3Y7.45%
5. Dividend
5.1 Amount
ASO has a Yearly Dividend Yield of 1.04%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.21, ASO pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.04, ASO pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.04% |
5.2 History
ASO has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
8.82% of the earnings are spent on dividend by ASO. This is a low number and sustainable payout ratio.
DP8.82%
EPS Next 2Y4.03%
EPS Next 3Y7.45%
46.47
-1.55 (-3.23%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners115.56%
Inst Owner Change-0.55%
Ins Owners0.87%
Ins Owner Change3.89%
Market Cap3.10B
Analysts76.67
Price Target59.16 (27.31%)
Short Float %11.71%
Short Ratio5.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.04% |
Yearly Dividend0.44
Dividend Growth(5Y)N/A
DP8.82%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.47%
Min EPS beat(2)-16.03%
Max EPS beat(2)-10.91%
EPS beat(4)1
Avg EPS beat(4)-11.48%
Min EPS beat(4)-24.9%
Max EPS beat(4)5.92%
EPS beat(8)1
Avg EPS beat(8)-9.75%
EPS beat(12)4
Avg EPS beat(12)-6.63%
EPS beat(16)8
Avg EPS beat(16)1.47%
Revenue beat(2)0
Avg Revenue beat(2)-1.99%
Min Revenue beat(2)-2.43%
Max Revenue beat(2)-1.55%
Revenue beat(4)0
Avg Revenue beat(4)-2.26%
Min Revenue beat(4)-4.12%
Max Revenue beat(4)-0.95%
Revenue beat(8)0
Avg Revenue beat(8)-2.34%
Revenue beat(12)0
Avg Revenue beat(12)-2.68%
Revenue beat(16)3
Avg Revenue beat(16)-1.62%
PT rev (1m)4.4%
PT rev (3m)4.23%
EPS NQ rev (1m)0.52%
EPS NQ rev (3m)0.69%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)-2.49%
Revenue NQ rev (1m)1.07%
Revenue NQ rev (3m)0.57%
Revenue NY rev (1m)1.19%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.24 | ||
| Fwd PE | 7.1 | ||
| P/S | 0.52 | ||
| P/FCF | 12.98 | ||
| P/OCF | 6.54 | ||
| P/B | 1.49 | ||
| P/tB | 4.88 | ||
| EV/EBITDA | 5.38 |
EPS(TTM)5.64
EY12.14%
EPS(NY)6.55
Fwd EY14.09%
FCF(TTM)3.58
FCFY7.71%
OCF(TTM)7.1
OCFY15.28%
SpS89.62
BVpS31.14
TBVpS9.51
PEG (NY)N/A
PEG (5Y)0.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 17.87% | ||
| ROCE | 12% | ||
| ROIC | 9.36% | ||
| ROICexc | 10.11% | ||
| ROICexgc | 16.39% | ||
| OM | 8.17% | ||
| PM (TTM) | 6.21% | ||
| GM | 34.04% | ||
| FCFM | 4% |
ROA(3y)11.1%
ROA(5y)11%
ROE(3y)28.67%
ROE(5y)31.91%
ROIC(3y)14.39%
ROIC(5y)14.77%
ROICexc(3y)15.79%
ROICexc(5y)16.55%
ROICexgc(3y)27.48%
ROICexgc(5y)30.41%
ROCE(3y)18.44%
ROCE(5y)18.93%
ROICexcg growth 3Y-25.62%
ROICexcg growth 5Y22.03%
ROICexc growth 3Y-21.55%
ROICexc growth 5Y23.06%
OM growth 3Y-12.18%
OM growth 5Y19.57%
PM growth 3Y-10.73%
PM growth 5Y23.2%
GM growth 3Y-0.79%
GM growth 5Y2.73%
F-Score5
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.03 | ||
| Debt/EBITDA | 0.79 | ||
| Cap/Depr | 193.07% | ||
| Cap/Sales | 3.93% | ||
| Interest Coverage | 13.74 | ||
| Cash Conversion | 77.65% | ||
| Profit Quality | 64.32% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z | 2.68 |
F-Score5
WACC9.66%
ROIC/WACC0.97
Cap/Depr(3y)153.11%
Cap/Depr(5y)114.13%
Cap/Sales(3y)2.82%
Cap/Sales(5y)2.06%
Profit Quality(3y)70.66%
Profit Quality(5y)123.03%
High Growth Momentum
Growth
EPS 1Y (TTM)-15.82%
EPS 3Y-7.28%
EPS 5Y33.32%
EPS Q2Q%-4.43%
EPS Next Y-2.88%
EPS Next 2Y4.03%
EPS Next 3Y7.45%
EPS Next 5Y8.68%
Revenue 1Y (TTM)-2.2%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%3.28%
Revenue Next Year3.94%
Revenue Next 2Y4.67%
Revenue Next 3Y5.98%
Revenue Next 5Y6.21%
EBIT growth 1Y-22.96%
EBIT growth 3Y-15.97%
EBIT growth 5Y24.59%
EBIT Next Year15.1%
EBIT Next 3Y10.38%
EBIT Next 5Y10.4%
FCF growth 1Y-34.9%
FCF growth 3Y-18.13%
FCF growth 5Y10.28%
OCF growth 1Y-11.93%
OCF growth 3Y-7.78%
OCF growth 5Y14.9%