ASSYSTEM (ASY.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ASY - FR0000074148 - Common Stock
43 EUR
-0.3 (-0.69%)
ASY gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 31 industry peers in the Professional Services industry. The financial health of ASY is average, but there are quite some concerns on its profitability. While showing a medium growth rate, ASY is valued expensive at the moment.
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.
Each year in the past 5 years ASY had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.16%, ASY is not doing good in the industry: 67.74% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 2.76%, ASY is doing worse than 67.74% of the companies in the same industry.
ASY's Return On Invested Capital of 0.86% is on the low side compared to the rest of the industry. ASY is outperformed by 77.42% of its industry peers.
ASY had an Average Return On Invested Capital over the past 3 years of 4.12%. This is significantly below the industry average of 10.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 2.76% | ||
| ROIC | 0.86% |
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
ASY has a worse Profit Margin (1.22%) than 61.29% of its industry peers.
In the last couple of years the Profit Margin of ASY has declined.
ASY's Operating Margin of 0.78% is on the low side compared to the rest of the industry. ASY is outperformed by 77.42% of its industry peers.
ASY's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.78% | ||
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ASY is destroying value.
ASY has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ASY has less shares outstanding
Compared to 1 year ago, ASY has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.62 indicates that ASY is not a great score, but indicates only limited risk for bankruptcy at the moment.
ASY's Altman-Z score of 2.62 is in line compared to the rest of the industry. ASY outperforms 54.84% of its industry peers.
The Debt to FCF ratio of ASY is 3.91, which is a good value as it means it would take ASY, 3.91 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.91, ASY is doing good in the industry, outperforming 64.52% of the companies in the same industry.
A Debt/Equity ratio of 0.47 indicates that ASY is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.47, ASY is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.62 |
ROIC/WACC0.12
WACC7.45%
2.3 Liquidity
ASY has a Current Ratio of 1.16. 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 Current ratio (1.16) which is in line with its industry peers.
A Quick Ratio of 1.16 indicates that ASY should not have too much problems paying its short term obligations.
ASY's Quick ratio of 1.16 is in line compared to the rest of the industry. ASY outperforms 58.06% of 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 -91.13% in the last year.
The earnings per share for ASY have been decreasing by -21.02% on average. This is quite bad
Looking at the last year, ASY shows a small growth in Revenue. The Revenue has grown by 6.71% in the last year.
ASY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.24% yearly.
EPS 1Y (TTM)-91.13%
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 28.26% on average per year.
The Revenue is expected to grow by 5.85% on average over the next years.
EPS Next Y32.02%
EPS Next 2Y36.58%
EPS Next 3Y28.26%
EPS Next 5YN/A
Revenue Next Year8.65%
Revenue Next 2Y6.41%
Revenue Next 3Y5.85%
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 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 82.69, which means the current valuation is very expensive for ASY.
Compared to the rest of the industry, the Price/Earnings ratio of ASY indicates a slightly more expensive valuation: ASY is more expensive than 70.97% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ASY to the average of the S&P500 Index (26.11), we can say ASY is valued expensively.
The Price/Forward Earnings ratio is 14.99, which indicates a correct valuation of ASY.
64.52% of the companies in the same industry are more expensive than ASY, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.21. ASY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.69 | ||
| Fwd PE | 14.99 |
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 74.19% of the companies listed 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 | 18.02 | ||
| EV/EBITDA | 36.97 |
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 28.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.58
PEG (5Y)N/A
EPS Next 2Y36.58%
EPS Next 3Y28.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.36%, ASY has a reasonable but not impressive dividend return.
ASY's Dividend Yield is a higher than the industry average which is at 3.20.
ASY's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
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 Years1
Div Non Decr Years6
5.3 Sustainability
1043.59% of the earnings are spent on dividend by ASY. 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.
DP1043.59%
EPS Next 2Y36.58%
EPS Next 3Y28.26%
EPA:ASY (12/2/2025, 10:59:51 AM)
43
-0.3 (-0.69%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners14.94%
Inst Owner ChangeN/A
Ins Owners58.02%
Ins Owner ChangeN/A
Market Cap673.81M
Revenue(TTM)637.40M
Net Income(TTM)7.80M
Analysts80
Price Target49.57 (15.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
Yearly Dividend12.65
Dividend Growth(5Y)61.63%
DP1043.59%
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)3.01%
PT rev (3m)4.79%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-20.47%
EPS NY rev (3m)-23.79%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.38%
Revenue NY rev (3m)0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.69 | ||
| Fwd PE | 14.99 | ||
| P/S | 1.06 | ||
| P/FCF | 18.02 | ||
| P/OCF | 16.16 | ||
| P/B | 2.39 | ||
| P/tB | 5.24 | ||
| EV/EBITDA | 36.97 |
EPS(TTM)0.52
EY1.21%
EPS(NY)2.87
Fwd EY6.67%
FCF(TTM)2.39
FCFY5.55%
OCF(TTM)2.66
OCFY6.19%
SpS40.68
BVpS18.03
TBVpS8.21
PEG (NY)2.58
PEG (5Y)N/A
Graham Number14.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 2.76% | ||
| ROCE | 1.12% | ||
| ROIC | 0.86% | ||
| ROICexc | 0.92% | ||
| ROICexgc | 1.45% | ||
| OM | 0.78% | ||
| PM (TTM) | 1.22% | ||
| GM | N/A | ||
| FCFM | 5.87% |
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 | 3.91 | ||
| Debt/EBITDA | 6.19 | ||
| Cap/Depr | 25.9% | ||
| Cap/Sales | 0.67% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 193.06% | ||
| Profit Quality | 479.49% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 2.62 |
F-Score6
WACC7.45%
ROIC/WACC0.12
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)-91.13%
EPS 3Y-38.1%
EPS 5Y-21.02%
EPS Q2Q%-7.84%
EPS Next Y32.02%
EPS Next 2Y36.58%
EPS Next 3Y28.26%
EPS Next 5YN/A
Revenue 1Y (TTM)6.71%
Revenue growth 3Y11.19%
Revenue growth 5Y4.24%
Sales Q2Q%8.33%
Revenue Next Year8.65%
Revenue Next 2Y6.41%
Revenue Next 3Y5.85%
Revenue Next 5YN/A
EBIT growth 1Y-85.67%
EBIT growth 3Y-8.47%
EBIT growth 5Y-8.75%
EBIT Next Year84.48%
EBIT Next 3Y27.72%
EBIT Next 5YN/A
FCF growth 1Y175%
FCF growth 3Y65.74%
FCF growth 5Y5.88%
OCF growth 1Y118.33%
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 4 / 10 to ASY.PA.
Can you provide the valuation status for ASSYSTEM?
ChartMill assigns a valuation rating of 3 / 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.
What are the PE and PB ratios of ASSYSTEM (ASY.PA) stock?
The Price/Earnings (PE) ratio for ASSYSTEM (ASY.PA) is 82.69 and the Price/Book (PB) ratio is 2.39.
Can you provide the dividend sustainability for ASY stock?
The dividend rating of ASSYSTEM (ASY.PA) is 3 / 10 and the dividend payout ratio is 1043.59%.