ASSYSTEM (ASY.PA) Stock Fundamental Analysis
Europe - EPA:ASY - FR0000074148 - Common Stock
41.5 EUR
+0.75 (+1.84%)
Overall ASY gets a fundamental rating of 3 out of 10. We evaluated ASY against 32 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.
ASY had positive earnings in 4 of the past 5 years.
Each year in the past 5 years ASY had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ASY (1.16%) is worse than 65.63% of its industry peers.
ASY's Return On Equity of 2.76% is on the low side compared to the rest of the industry. ASY is outperformed by 65.63% of its industry peers.
The Return On Invested Capital of ASY (0.86%) is worse than 75.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ASY is significantly below the industry average of 10.81%.
| 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 Profit Margin of 1.22%. This is in the lower half of the industry: ASY underperforms 62.50% of its industry peers.
ASY's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 0.78%, ASY is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of ASY has declined.
| 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.
The number of shares outstanding for ASY has been reduced compared to 1 year ago.
The number of shares outstanding for ASY has been reduced compared to 5 years ago.
ASY has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.56 indicates that ASY is not a great score, but indicates only limited risk for bankruptcy at the moment.
ASY's Altman-Z score of 2.56 is in line compared to the rest of the industry. ASY outperforms 43.75% of its industry peers.
ASY has a debt to FCF ratio of 3.91. This is a good value and a sign of high solvency as ASY would need 3.91 years to pay back of all of its debts.
ASY's Debt to FCF ratio of 3.91 is fine compared to the rest of the industry. ASY outperforms 62.50% of its industry peers.
ASY has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
ASY has a better Debt to Equity ratio (0.47) than 65.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.56 |
ROIC/WACC0.12
WACC7.49%
2.3 Liquidity
A Current Ratio of 1.16 indicates that ASY should not have too much problems paying its short term obligations.
With a Current ratio value of 1.16, ASY perfoms like the industry average, outperforming 59.38% of the companies in the same industry.
A Quick Ratio of 1.16 indicates that ASY should not have too much problems paying its short term obligations.
ASY has a better Quick ratio (1.16) than 62.50% 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.
The Revenue has been growing slightly by 4.24% on average over the past years.
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
ASY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.26% yearly.
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.
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
ASY is valuated quite expensively with a Price/Earnings ratio of 79.81.
71.88% of the companies in the same industry are cheaper than ASY, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.35. ASY is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 14.47, 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 cheaply when we compare the Price/Forward Earnings ratio to 33.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 79.81 | ||
| Fwd PE | 14.47 |
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 75.00% 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 | 17.39 | ||
| EV/EBITDA | 35.12 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ASY's earnings are expected to grow with 28.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.49
PEG (5Y)N/A
EPS Next 2Y36.58%
EPS Next 3Y28.26%
5. Dividend
5.1 Amount
ASY has a Yearly Dividend Yield of 2.44%.
ASY's Dividend Yield is a higher than the industry average which is at 3.35.
Compared to an average S&P500 Dividend Yield of 2.36, ASY has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
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
ASY pays out 1043.59% of its income as dividend. This is not a sustainable payout ratio.
ASY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP1043.59%
EPS Next 2Y36.58%
EPS Next 3Y28.26%
EPA:ASY (11/11/2025, 7:00:00 PM)
41.5
+0.75 (+1.84%)
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 Cap650.30M
Revenue(TTM)637.40M
Net Income(TTM)7.80M
Analysts80
Price Target49.57 (19.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
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)18.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-20.47%
EPS NY rev (3m)1.52%
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 | 79.81 | ||
| Fwd PE | 14.47 | ||
| P/S | 1.02 | ||
| P/FCF | 17.39 | ||
| P/OCF | 15.59 | ||
| P/B | 2.3 | ||
| P/tB | 5.05 | ||
| EV/EBITDA | 35.12 |
EPS(TTM)0.52
EY1.25%
EPS(NY)2.87
Fwd EY6.91%
FCF(TTM)2.39
FCFY5.75%
OCF(TTM)2.66
OCFY6.41%
SpS40.68
BVpS18.03
TBVpS8.21
PEG (NY)2.49
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 | 2.56 |
F-Score6
WACC7.49%
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 3 / 10 to ASY.PA.
Can you provide the valuation status for ASSYSTEM?
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.
What are the PE and PB ratios of ASSYSTEM (ASY.PA) stock?
The Price/Earnings (PE) ratio for ASSYSTEM (ASY.PA) is 79.81 and the Price/Book (PB) ratio is 2.3.
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%.