ACADEMY SPORTS & OUTDOORS IN (ASO) Stock Fundamental Analysis
USA - NASDAQ:ASO - US00402L1070 - Common Stock
54.28 USD
+1.41 (+2.67%)
54.28 USD
0 (0%)
Overall ASO gets a fundamental rating of 6 out of 10. We evaluated ASO against 120 industry peers in the Specialty Retail industry. While ASO belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ASO scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make ASO suitable for value investing!
1. Profitability
1.1 Basic Checks
ASO had positive earnings in the past year.
ASO had a positive operating cash flow in the past year.
In the past 5 years ASO has always been profitable.
ASO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ASO (7.03%) is better than 78.33% of its industry peers.
ASO's Return On Equity of 17.87% is fine compared to the rest of the industry. ASO outperforms 77.50% of its industry peers.
ASO has a Return On Invested Capital of 9.36%. This is in the better half of the industry: ASO outperforms 73.33% of its industry peers.
ASO had an Average Return On Invested Capital over the past 3 years of 14.39%. This is above the industry average of 12.17%.
The 3 year average ROIC (14.39%) for ASO is well above the current ROIC(9.36%). The reason for the recent decline needs to be investigated.
| 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 80.83% of the companies in the same industry.
ASO's Profit Margin has improved in the last couple of years.
The Operating Margin of ASO (8.17%) is better than 78.33% of its industry peers.
In the last couple of years the Operating Margin of ASO has grown nicely.
ASO has a Gross Margin (34.04%) which is in line with its industry peers.
ASO's Gross Margin has improved in the last couple of years.
| 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.
ASO has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ASO has less shares outstanding
ASO has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.77 indicates that ASO is not a great score, but indicates only limited risk for bankruptcy at the moment.
ASO's Altman-Z score of 2.77 is fine compared to the rest of the industry. ASO outperforms 62.50% of its industry peers.
ASO has a debt to FCF ratio of 2.03. This is a good value and a sign of high solvency as ASO would need 2.03 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.03, ASO is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
A Debt/Equity ratio of 0.23 indicates that ASO is not too dependend on debt financing.
The Debt to Equity ratio of ASO (0.23) is better than 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.03 | ||
| Altman-Z | 2.77 |
ROIC/WACC0.99
WACC9.47%
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's Current ratio of 1.64 is fine compared to the rest of the industry. ASO outperforms 72.50% of its industry peers.
ASO has a Quick Ratio of 1.64. This is a bad value and indicates that ASO is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.33, ASO is doing worse than 70.00% of the companies in the same industry.
| 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
The Revenue has decreased by -2.20% in the past year.
The Revenue has been growing slightly by 4.20% on average over the past years.
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
ASO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.55% yearly.
The Revenue is expected to grow by 5.66% on average over the next years.
EPS Next Y-3.65%
EPS Next 2Y3.58%
EPS Next 3Y6.3%
EPS Next 5Y9.55%
Revenue Next Year3.02%
Revenue Next 2Y4.66%
Revenue Next 3Y5.96%
Revenue Next 5Y5.66%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.62, which indicates a very decent valuation of ASO.
Based on the Price/Earnings ratio, ASO is valued cheaper than 87.50% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.50, ASO is valued rather cheaply.
A Price/Forward Earnings ratio of 8.36 indicates a reasonable valuation of ASO.
ASO's Price/Forward Earnings ratio is rather cheap when compared to the industry. ASO is cheaper than 89.17% of the companies in the same industry.
ASO is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.62 | ||
| Fwd PE | 8.36 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASO indicates a somewhat cheap valuation: ASO is cheaper than 76.67% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASO indicates a somewhat cheap valuation: ASO is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.16 | ||
| EV/EBITDA | 6.24 |
4.3 Compensation for Growth
The excellent profitability rating of ASO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y3.58%
EPS Next 3Y6.3%
5. Dividend
5.1 Amount
With a yearly dividend of 0.95%, ASO is not a good candidate for dividend investing.
ASO's Dividend Yield is a higher than the industry average which is at 5.63.
With a Dividend Yield of 0.95, ASO pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
5.2 History
ASO has paid a dividend for less than 5 years, so there is no long track record yet.
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 2Y3.58%
EPS Next 3Y6.3%
54.28
+1.41 (+2.67%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners113.36%
Inst Owner Change0%
Ins Owners0.66%
Ins Owner Change1.94%
Market Cap3.62B
Analysts74.4
Price Target59.16 (8.99%)
Short Float %9.84%
Short Ratio4.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
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)1.26%
PT rev (3m)7.41%
EPS NQ rev (1m)1.33%
EPS NQ rev (3m)1.79%
EPS NY rev (1m)-0.79%
EPS NY rev (3m)-0.86%
Revenue NQ rev (1m)-0.42%
Revenue NQ rev (3m)0.5%
Revenue NY rev (1m)-0.88%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.62 | ||
| Fwd PE | 8.36 | ||
| P/S | 0.61 | ||
| P/FCF | 15.16 | ||
| P/OCF | 7.64 | ||
| P/B | 1.74 | ||
| P/tB | 5.71 | ||
| EV/EBITDA | 6.24 |
EPS(TTM)5.64
EY10.39%
EPS(NY)6.49
Fwd EY11.96%
FCF(TTM)3.58
FCFY6.6%
OCF(TTM)7.1
OCFY13.08%
SpS89.62
BVpS31.14
TBVpS9.51
PEG (NY)N/A
PEG (5Y)0.29
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 | 2.77 |
F-Score5
WACC9.47%
ROIC/WACC0.99
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-3.65%
EPS Next 2Y3.58%
EPS Next 3Y6.3%
EPS Next 5Y9.55%
Revenue 1Y (TTM)-2.2%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%3.28%
Revenue Next Year3.02%
Revenue Next 2Y4.66%
Revenue Next 3Y5.96%
Revenue Next 5Y5.66%
EBIT growth 1Y-22.96%
EBIT growth 3Y-15.97%
EBIT growth 5Y24.59%
EBIT Next Year14.8%
EBIT Next 3Y9.9%
EBIT Next 5Y10.18%
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%