ASSYSTEM (ASY.PA) Stock Fundamental Analysis
Europe - EPA:ASY - FR0000074148 - Common Stock
41.55 EUR
-0.65 (-1.54%)
We assign a fundamental rating of 4 out of 10 to ASY. ASY was compared to 33 industry peers in the Professional Services industry. The financial health of ASY is average, but 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
ASY had positive earnings in the past year.
In the past year ASY had a positive cash flow from operations.
Of the past 5 years ASY 4 years were profitable.
In the past 5 years ASY always reported a positive cash flow from operatings.
1.2 Ratios
ASY has a Return On Assets of 1.16%. This is in the lower half of the industry: ASY underperforms 69.70% of its industry peers.
Looking at the Return On Equity, with a value of 2.76%, ASY is doing worse than 69.70% 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 78.79% 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 11.39%.
| 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
The Profit Margin of ASY (1.22%) is worse than 63.64% of its industry peers.
In the last couple of years the Profit Margin of ASY has declined.
Looking at the Operating Margin, with a value of 0.78%, ASY is doing worse than 78.79% of the companies in the same industry.
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.
Compared to 1 year ago, ASY has less shares outstanding
ASY has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ASY is higher compared to a year ago.
2.2 Solvency
ASY has an Altman-Z score of 2.60. 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 of 2.60. This is comparable to the rest of the industry: ASY outperforms 48.48% 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 60.61% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that ASY is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.47, ASY perfoms like the industry average, outperforming 57.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.12
WACC7.5%
2.3 Liquidity
A Current Ratio of 1.16 indicates that ASY should not have too much problems paying its short term obligations.
ASY's Current ratio of 1.16 is in line compared to the rest of the industry. ASY outperforms 51.52% of its industry peers.
ASY has a Quick 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 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 -91.13% in the last year.
The earnings per share for ASY have been decreasing by -21.02% on average. This is quite bad
ASY shows a small growth in Revenue. In the last year, the Revenue has grown by 6.71%.
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
ASY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.26% yearly.
Based on estimates for the next years, ASY will show a small growth in Revenue. The Revenue will grow by 5.85% on average per year.
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
A Price/Earnings ratio of 79.90 indicates a quite expensive valuation of ASY.
Based on the Price/Earnings ratio, ASY is valued a bit more expensive than 72.73% of the companies in the same industry.
ASY's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.51.
With a Price/Forward Earnings ratio of 14.49, ASY is valued correctly.
ASY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ASY is cheaper than 66.67% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ASY to the average of the S&P500 Index (34.98), we can say ASY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 79.9 | ||
| Fwd PE | 14.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASY is valued a bit more expensive than 72.73% 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 | 17.41 | ||
| EV/EBITDA | 36.17 |
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.
A more expensive valuation may be justified as ASY's earnings are expected to grow with 28.26% in the coming years.
PEG (NY)2.5
PEG (5Y)N/A
EPS Next 2Y36.58%
EPS Next 3Y28.26%
5. Dividend
5.1 Amount
ASY has a Yearly Dividend Yield of 2.38%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.24, ASY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, ASY has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
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 (11/19/2025, 9:27:20 AM)
41.55
-0.65 (-1.54%)
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 Cap651.09M
Revenue(TTM)637.40M
Net Income(TTM)7.80M
Analysts80
Price Target49.57 (19.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
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)9.61%
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 | 79.9 | ||
| Fwd PE | 14.49 | ||
| P/S | 1.02 | ||
| P/FCF | 17.41 | ||
| P/OCF | 15.61 | ||
| P/B | 2.3 | ||
| P/tB | 5.06 | ||
| EV/EBITDA | 36.17 |
EPS(TTM)0.52
EY1.25%
EPS(NY)2.87
Fwd EY6.9%
FCF(TTM)2.39
FCFY5.74%
OCF(TTM)2.66
OCFY6.4%
SpS40.68
BVpS18.03
TBVpS8.21
PEG (NY)2.5
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 | 2.6 |
F-Score6
WACC7.5%
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 79.9 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%.