ASSYSTEM (ASY.PA) Fundamental Analysis & Valuation

EPA:ASY • FR0000074148

Current stock price

43.7 EUR
+1.5 (+3.55%)
Last:

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

2

1. ASY.PA Profitability Analysis

1.1 Basic Checks

  • In the past year ASY was profitable.
  • In the past year ASY had a positive cash flow from operations.
  • Each year in the past 5 years ASY has been profitable.
  • Each year in the past 5 years ASY had a positive operating cash flow.
ASY.PA Yearly Net Income VS EBIT VS OCF VS FCFASY.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M 400M

1.2 Ratios

  • The Return On Assets of ASY (1.18%) is worse than 60.61% of its industry peers.
  • Looking at the Return On Equity, with a value of 2.58%, ASY is doing worse than 60.61% of the companies in the same industry.
  • The Return On Invested Capital of ASY (2.57%) is worse than 66.67% of its industry peers.
Industry RankSector Rank
ROA 1.18%
ROE 2.58%
ROIC 2.57%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ASY.PA Yearly ROA, ROE, ROICASY.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60 80 100

1.3 Margins

  • ASY has a worse Profit Margin (1.13%) than 60.61% of its industry peers.
  • ASY's Profit Margin has declined in the last couple of years.
  • ASY has a Operating Margin of 2.62%. This is in the lower half of the industry: ASY underperforms 60.61% of its industry peers.
  • In the last couple of years the Operating Margin of ASY has declined.
Industry RankSector Rank
OM 2.62%
PM (TTM) 1.13%
GM N/A
OM growth 3Y-24.47%
OM growth 5Y-8.88%
PM growth 3Y-51.55%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
ASY.PA Yearly Profit, Operating, Gross MarginsASY.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60 80 100

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. ASY.PA Health Analysis

2.1 Basic Checks

  • ASY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • ASY has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
ASY.PA Yearly Shares OutstandingASY.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
ASY.PA Yearly Total Debt VS Total AssetsASY.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

  • An Altman-Z score of 2.92 indicates that ASY is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.92, ASY is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
  • ASY has a debt to FCF ratio of 2.61. This is a good value and a sign of high solvency as ASY would need 2.61 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 2.61, ASY belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
  • A Debt/Equity ratio of 0.34 indicates that ASY is not too dependend on debt financing.
  • ASY's Debt to Equity ratio of 0.34 is fine compared to the rest of the industry. ASY outperforms 78.79% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.34
Debt/FCF 2.61
Altman-Z 2.92
ROIC/WACC0.34
WACC7.64%
ASY.PA Yearly LT Debt VS Equity VS FCFASY.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

2.3 Liquidity

  • A Current Ratio of 1.07 indicates that ASY should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.07, ASY is in line with its industry, outperforming 48.48% of the companies in the same industry.
  • ASY has a Quick Ratio of 1.07. This is a normal value and indicates that ASY is financially healthy and should not expect problems in meeting its short term obligations.
  • ASY has a Quick ratio (1.07) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.07
Quick Ratio 1.07
ASY.PA Yearly Current Assets VS Current LiabilitesASY.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. ASY.PA Growth Analysis

3.1 Past

  • The earnings per share for ASY have decreased by -7.90% in the last year.
  • Measured over the past years, ASY shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -46.43% on average per year.
  • ASY shows a small growth in Revenue. In the last year, the Revenue has grown by 7.24%.
  • ASY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.39% yearly.
EPS 1Y (TTM)-7.9%
EPS 3Y-46.43%
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)7.24%
Revenue growth 3Y9.99%
Revenue growth 5Y8.39%
Sales Q2Q%N/A

3.2 Future

  • The Earnings Per Share is expected to grow by 31.16% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 3.11% on average over the next years.
EPS Next Y55.84%
EPS Next 2Y31.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.71%
Revenue Next 2Y3%
Revenue Next 3Y3.11%
Revenue Next 5YN/A

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 accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
ASY.PA Yearly Revenue VS EstimatesASY.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M
ASY.PA Yearly EPS VS EstimatesASY.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

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3

4. ASY.PA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 87.40, which means the current valuation is very expensive for ASY.
  • Based on the Price/Earnings ratio, ASY is valued a bit more expensive than 60.61% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of ASY to the average of the S&P500 Index (26.21), we can say ASY is valued expensively.
  • Based on the Price/Forward Earnings ratio of 14.88, the valuation of ASY can be described as correct.
  • ASY's Price/Forward Earnings ratio is in line with the industry average.
  • When comparing the Price/Forward Earnings ratio of ASY to the average of the S&P500 Index (23.10), we can say ASY is valued slightly cheaper.
Industry RankSector Rank
PE 87.4
Fwd PE 14.88
ASY.PA Price Earnings VS Forward Price EarningsASY.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASY indicates a slightly more expensive valuation: ASY is more expensive than 72.73% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASY indicates a somewhat cheap valuation: ASY is cheaper than 60.61% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 16.23
EV/EBITDA 22.09
ASY.PA Per share dataASY.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • ASY's earnings are expected to grow with 31.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.57
PEG (5Y)N/A
EPS Next 2Y31.16%
EPS Next 3YN/A

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

3

5. ASY.PA Dividend Analysis

5.1 Amount

  • ASY has a Yearly Dividend Yield of 2.55%.
  • ASY's Dividend Yield is comparable with the industry average which is at 2.09.
  • Compared to an average S&P500 Dividend Yield of 1.89, ASY pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.55%

5.2 History

  • On average, the dividend of ASY grows each year by 61.63%, which is quite nice.
Dividend Growth(5Y)61.63%
Div Incr Years0
Div Non Decr Years0
ASY.PA Yearly Dividends per shareASY.PA Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

5.3 Sustainability

  • 191.89% of the earnings are spent on dividend by ASY. This is not a sustainable payout ratio.
  • ASY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP191.89%
EPS Next 2Y31.16%
EPS Next 3YN/A
ASY.PA Yearly Income VS Free CF VS DividendASY.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M 400M
ASY.PA Dividend Payout.ASY.PA Dividend Payout, showing the Payout Ratio.ASY.PA Dividend Payout.PayoutRetained Earnings

More info and screens

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ASY.PA Fundamentals: All Metrics, Ratios and Statistics

ASSYSTEM

EPA:ASY (4/8/2026, 1:25:54 PM)

43.7

+1.5 (+3.55%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)03-10
Earnings (Next)04-19
Inst Owners15.73%
Inst Owner ChangeN/A
Ins Owners59.17%
Ins Owner ChangeN/A
Market Cap684.78M
Revenue(TTM)656.60M
Net Income(TTM)7.40M
Analysts82.22
Price Target49.78 (13.91%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.55%
Yearly Dividend12.65
Dividend Growth(5Y)61.63%
DP191.89%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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%
PT rev (3m)0.41%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.49%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.66%
Revenue NY rev (3m)-2.34%
Valuation
Industry RankSector Rank
PE 87.4
Fwd PE 14.88
P/S 1.04
P/FCF 16.23
P/OCF 14.82
P/B 2.39
P/tB 4.82
EV/EBITDA 22.09
EPS(TTM)0.5
EY1.14%
EPS(NY)2.94
Fwd EY6.72%
FCF(TTM)2.69
FCFY6.16%
OCF(TTM)2.95
OCFY6.75%
SpS41.9
BVpS18.27
TBVpS9.07
PEG (NY)1.57
PEG (5Y)N/A
Graham Number14.34
Profitability
Industry RankSector Rank
ROA 1.18%
ROE 2.58%
ROCE 4.15%
ROIC 2.57%
ROICexc 2.7%
ROICexgc 4.26%
OM 2.62%
PM (TTM) 1.13%
GM N/A
FCFM 6.43%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-24.47%
OM growth 5Y-8.88%
PM growth 3Y-51.55%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover1.04
Health
Industry RankSector Rank
Debt/Equity 0.34
Debt/FCF 2.61
Debt/EBITDA 2.89
Cap/Depr 23.81%
Cap/Sales 0.61%
Interest Coverage 250
Cash Conversion 135.88%
Profit Quality 570.27%
Current Ratio 1.07
Quick Ratio 1.07
Altman-Z 2.92
F-Score6
WACC7.64%
ROIC/WACC0.34
Cap/Depr(3y)25.61%
Cap/Depr(5y)28.07%
Cap/Sales(3y)0.74%
Cap/Sales(5y)0.85%
Profit Quality(3y)339.08%
Profit Quality(5y)219.71%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.9%
EPS 3Y-46.43%
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y55.84%
EPS Next 2Y31.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.24%
Revenue growth 3Y9.99%
Revenue growth 5Y8.39%
Sales Q2Q%N/A
Revenue Next Year1.71%
Revenue Next 2Y3%
Revenue Next 3Y3.11%
Revenue Next 5YN/A
EBIT growth 1Y-20.74%
EBIT growth 3Y-16.93%
EBIT growth 5Y-1.23%
EBIT Next Year137.96%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y21.97%
FCF growth 3Y13.45%
FCF growth 5Y-9.34%
OCF growth 1Y17.86%
OCF growth 3Y11.98%
OCF growth 5Y-9.81%

ASSYSTEM / ASY.PA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of ASSYSTEM (ASY.PA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to ASY.PA.


What is the valuation status for ASY stock?

ChartMill assigns a valuation rating of 3 / 10 to ASSYSTEM (ASY.PA). This can be considered as Overvalued.


Can you provide the profitability details for ASSYSTEM?

ASSYSTEM (ASY.PA) has a profitability rating of 2 / 10.


What are the PE and PB ratios of ASSYSTEM (ASY.PA) stock?

The Price/Earnings (PE) ratio for ASSYSTEM (ASY.PA) is 87.4 and the Price/Book (PB) ratio is 2.39.


How financially healthy is ASSYSTEM?

The financial health rating of ASSYSTEM (ASY.PA) is 5 / 10.