ASSYSTEM (ASY.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ASY - FR0000074148 - Common Stock
44.75 EUR
-1.35 (-2.93%)
Taking everything into account, ASY scores 3 out of 10 in our fundamental rating. ASY was compared to 34 industry peers in the Professional Services industry. While ASY seems to be doing ok healthwise, there are quite some concerns on its profitability. ASY is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year ASY was profitable.
- In the past year ASY had a positive cash flow from operations.
- Of the past 5 years ASY 4 years were profitable.
- ASY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of ASY (1.16%) is worse than 64.71% of its industry peers.
- With a Return On Equity value of 2.76%, ASY is not doing good in the industry: 64.71% of the companies in the same industry are doing better.
- ASY has a Return On Invested Capital of 0.79%. This is in the lower half of the industry: ASY underperforms 76.47% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ASY is significantly below the industry average of 11.54%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 2.76% | ||
| ROIC | 0.79% |
ROA(3y)6.75%
ROA(5y)4.3%
ROE(3y)12.09%
ROE(5y)7.77%
ROIC(3y)4.12%
ROIC(5y)3.93%
1.3 Margins
- Looking at the Profit Margin, with a value of 1.22%, ASY is in line with its industry, outperforming 41.18% of the companies in the same industry.
- ASY's Profit Margin has declined in the last couple of years.
- ASY has a worse Operating Margin (0.72%) than 76.47% of its industry peers.
- In the last couple of years the Operating Margin of ASY has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.72% | ||
| PM (TTM) | 1.22% | ||
| GM | N/A |
OM growth 3Y-17.68%
OM growth 5Y-12.46%
PM growth 3Y-43.9%
PM growth 5Y-24.23%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASY is destroying value.
- The number of shares outstanding for ASY has been reduced compared to 1 year ago.
- Compared to 5 years ago, ASY has less shares outstanding
- The debt/assets ratio for ASY is higher compared to a year ago.
2.2 Solvency
- ASY has an Altman-Z score of 2.69. This is not the best score and indicates that ASY is in the grey zone with still only limited risk for bankruptcy at the moment.
- ASY has a Altman-Z score (2.69) which is comparable to the rest of the industry.
- The Debt to FCF ratio of ASY is 3.93, which is a good value as it means it would take ASY, 3.93 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.93, ASY is in the better half of the industry, outperforming 61.76% of the companies in the same industry.
- A Debt/Equity ratio of 0.47 indicates that ASY is not too dependend on debt financing.
- ASY's Debt to Equity ratio of 0.47 is fine compared to the rest of the industry. ASY outperforms 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.93 | ||
| Altman-Z | 2.69 |
ROIC/WACC0.11
WACC7.47%
2.3 Liquidity
- A Current Ratio of 1.16 indicates that ASY should not have too much problems paying its short term obligations.
- ASY has a Current ratio of 1.16. This is comparable to the rest of the industry: ASY outperforms 55.88% of its industry peers.
- A Quick Ratio of 1.16 indicates that ASY should not have too much problems paying its short term obligations.
- ASY has a Quick ratio (1.16) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
- The earnings per share for ASY have decreased strongly by -91.12% 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 -21.02% on average per year.
- Looking at the last year, ASY shows a small growth in Revenue. The Revenue has grown by 6.71% in the last year.
- The Revenue has been growing slightly by 4.24% on average over the past years.
EPS 1Y (TTM)-91.12%
EPS 3Y-38.1%
EPS 5Y-21.02%
EPS Q2Q%-7.84%
Revenue 1Y (TTM)6.71%
Revenue growth 3Y11.19%
Revenue growth 5Y4.24%
Sales Q2Q%8.33%
3.2 Future
- Based on estimates for the next years, ASY will show a very strong growth in Earnings Per Share. The EPS will grow by 29.09% on average per year.
- ASY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.79% yearly.
EPS Next Y38.72%
EPS Next 2Y39.24%
EPS Next 3Y29.09%
EPS Next 5YN/A
Revenue Next Year8.53%
Revenue Next 2Y6.32%
Revenue Next 3Y5.79%
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.
- 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
- With a Price/Earnings ratio of 86.06, ASY can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, ASY is valued a bit more expensive than 67.65% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.54, ASY is valued quite expensively.
- The Price/Forward Earnings ratio is 15.01, which indicates a correct valuation of ASY.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ASY is on the same level as its industry peers.
- ASY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.31, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 86.06 | ||
| Fwd PE | 15.01 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ASY is valued a bit more expensive than 76.47% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as ASY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.85 | ||
| EV/EBITDA | 39.37 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ASY does not grow enough to justify the current Price/Earnings ratio.
- ASY's earnings are expected to grow with 29.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.22
PEG (5Y)N/A
EPS Next 2Y39.24%
EPS Next 3Y29.09%
5. Dividend
5.1 Amount
- ASY has a Yearly Dividend Yield of 2.20%. Purely for dividend investing, there may be better candidates out there.
- ASY's Dividend Yield is comparable with the industry average which is at 2.44.
- Compared to an average S&P500 Dividend Yield of 1.92, ASY has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
5.2 History
- The dividend of ASY is nicely growing with an annual growth rate of 61.63%!
Dividend Growth(5Y)61.63%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
- ASY pays out 1051.28% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of ASY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP1051.28%
EPS Next 2Y39.24%
EPS Next 3Y29.09%
EPA:ASY (1/16/2026, 5:29:51 PM)
44.75
-1.35 (-2.93%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)10-28 2025-10-28
Earnings (Next)03-16 2026-03-16/amc
Inst Owners13.69%
Inst Owner ChangeN/A
Ins Owners59.17%
Ins Owner ChangeN/A
Market Cap701.23M
Revenue(TTM)637.40M
Net Income(TTM)7.80M
Analysts80
Price Target49.57 (10.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
Yearly Dividend12.65
Dividend Growth(5Y)61.63%
DP1051.28%
Div Incr Years1
Div Non Decr Years6
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)3.01%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)14.29%
EPS NY rev (3m)-16.44%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 86.06 | ||
| Fwd PE | 15.01 | ||
| P/S | 1.1 | ||
| P/FCF | 18.85 | ||
| P/OCF | 16.9 | ||
| P/B | 2.48 | ||
| P/tB | 5.45 | ||
| EV/EBITDA | 39.37 |
EPS(TTM)0.52
EY1.16%
EPS(NY)2.98
Fwd EY6.66%
FCF(TTM)2.37
FCFY5.3%
OCF(TTM)2.65
OCFY5.92%
SpS40.68
BVpS18.03
TBVpS8.21
PEG (NY)2.22
PEG (5Y)N/A
Graham Number14.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 2.76% | ||
| ROCE | 1.03% | ||
| ROIC | 0.79% | ||
| ROICexc | 0.84% | ||
| ROICexgc | 1.33% | ||
| OM | 0.72% | ||
| PM (TTM) | 1.22% | ||
| GM | N/A | ||
| FCFM | 5.84% |
ROA(3y)6.75%
ROA(5y)4.3%
ROE(3y)12.09%
ROE(5y)7.77%
ROIC(3y)4.12%
ROIC(5y)3.93%
ROICexc(3y)4.39%
ROICexc(5y)4.27%
ROICexgc(3y)6.1%
ROICexgc(5y)5.75%
ROCE(3y)5.34%
ROCE(5y)5.09%
ROICexgc growth 3Y5.54%
ROICexgc growth 5Y1.01%
ROICexc growth 3Y-1.72%
ROICexc growth 5Y-3.7%
OM growth 3Y-17.68%
OM growth 5Y-12.46%
PM growth 3Y-43.9%
PM growth 5Y-24.23%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.93 | ||
| Debt/EBITDA | 6.24 | ||
| Cap/Depr | 25.6% | ||
| Cap/Sales | 0.67% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 193.93% | ||
| Profit Quality | 476.92% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 2.69 |
F-Score6
WACC7.47%
ROIC/WACC0.11
Cap/Depr(3y)25.85%
Cap/Depr(5y)34.87%
Cap/Sales(3y)0.81%
Cap/Sales(5y)1.11%
Profit Quality(3y)168.69%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-91.12%
EPS 3Y-38.1%
EPS 5Y-21.02%
EPS Q2Q%-7.84%
EPS Next Y38.72%
EPS Next 2Y39.24%
EPS Next 3Y29.09%
EPS Next 5YN/A
Revenue 1Y (TTM)6.71%
Revenue growth 3Y11.19%
Revenue growth 5Y4.24%
Sales Q2Q%8.33%
Revenue Next Year8.53%
Revenue Next 2Y6.32%
Revenue Next 3Y5.79%
Revenue Next 5YN/A
EBIT growth 1Y-86.82%
EBIT growth 3Y-8.47%
EBIT growth 5Y-8.75%
EBIT Next Year84.32%
EBIT Next 3Y26.95%
EBIT Next 5YN/A
FCF growth 1Y173.53%
FCF growth 3Y65.74%
FCF growth 5Y5.88%
OCF growth 1Y117.28%
OCF growth 3Y44.84%
OCF growth 5Y-1.37%
ASSYSTEM / ASY.PA FAQ
What is the ChartMill fundamental rating of ASSYSTEM (ASY.PA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to ASY.PA.
What is the valuation status of ASSYSTEM (ASY.PA) stock?
ChartMill assigns a valuation rating of 2 / 10 to ASSYSTEM (ASY.PA). This can be considered as Overvalued.
How profitable is ASSYSTEM (ASY.PA) stock?
ASSYSTEM (ASY.PA) has a profitability rating of 2 / 10.
Can you provide the expected EPS growth for ASY stock?
The Earnings per Share (EPS) of ASSYSTEM (ASY.PA) is expected to grow by 38.72% in the next year.
How sustainable is the dividend of ASSYSTEM (ASY.PA) stock?
The dividend rating of ASSYSTEM (ASY.PA) is 3 / 10 and the dividend payout ratio is 1051.28%.