ASSYSTEM (ASY.PA) Stock Fundamental Analysis
Europe - EPA:ASY - FR0000074148 - Common Stock
41.875 EUR
-0.52 (-1.24%)
We assign a fundamental rating of 4 out of 10 to ASY. ASY was compared to 29 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 quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ASY was profitable.
ASY had a positive operating cash flow in the past year.
ASY had positive earnings in 4 of the past 5 years.
ASY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.16%, ASY is doing worse than 62.07% of the companies in the same industry.
ASY has a worse Return On Equity (2.76%) than 62.07% of its industry peers.
With a Return On Invested Capital value of 0.86%, ASY is not doing good in the industry: 72.41% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for ASY is significantly below the industry average of 10.66%.
| 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 (1.22%) which is in line with its industry peers.
ASY's Profit Margin has declined in the last couple of years.
ASY has a worse Operating Margin (0.78%) than 72.41% 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.
ASY has less shares outstanding than it did 5 years ago.
ASY has a worse debt/assets ratio than last year.
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.
Looking at the Altman-Z score, with a value of 2.60, ASY is in line with its industry, outperforming 44.83% of the companies in the same industry.
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 has a Debt to FCF ratio (3.91) which is in line with its industry peers.
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 65.52% of its industry peers.
| 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 has a better Current ratio (1.16) than 62.07% 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 of 1.16. This is in the better half of the industry: ASY outperforms 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
ASY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -91.13%.
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.
The Revenue has been growing slightly by 6.71% in the past 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
The Earnings Per Share is expected to grow by 29.81% on average over the next years. This is a very strong growth
ASY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.60% yearly.
EPS Next Y66.01%
EPS Next 2Y37.95%
EPS Next 3Y29.81%
EPS Next 5YN/A
Revenue Next Year8.24%
Revenue Next 2Y6.08%
Revenue Next 3Y5.6%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
ASY is valuated quite expensively with a Price/Earnings ratio of 80.53.
68.97% 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 27.08. ASY is valued rather expensively when compared to this.
ASY is valuated correctly with a Price/Forward Earnings ratio of 14.31.
ASY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ASY is cheaper than 62.07% of the companies in the same industry.
ASY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80.53 | ||
| Fwd PE | 14.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASY is valued a bit more expensive than the industry average as 72.41% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as ASY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.54 | ||
| EV/EBITDA | 36.32 |
4.3 Compensation for Growth
ASY's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as ASY's earnings are expected to grow with 29.81% in the coming years.
PEG (NY)1.22
PEG (5Y)N/A
EPS Next 2Y37.95%
EPS Next 3Y29.81%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.38%, ASY has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.13, ASY pays a bit more dividend than its industry peers.
ASY's Dividend Yield is comparable with the S&P500 average which is at 2.30.
| 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.
ASY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP1043.59%
EPS Next 2Y37.95%
EPS Next 3Y29.81%
EPA:ASY (10/28/2025, 11:05:51 AM)
41.875
-0.52 (-1.24%)
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 Cap656.18M
Revenue(TTM)637.40M
Net Income(TTM)7.80M
Analysts77.5
Price Target48.12 (14.91%)
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)1.72%
PT rev (3m)15.21%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)27.65%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80.53 | ||
| Fwd PE | 14.31 | ||
| P/S | 1.03 | ||
| P/FCF | 17.54 | ||
| P/OCF | 15.74 | ||
| P/B | 2.32 | ||
| P/tB | 5.1 | ||
| EV/EBITDA | 36.32 |
EPS(TTM)0.52
EY1.24%
EPS(NY)2.93
Fwd EY6.99%
FCF(TTM)2.39
FCFY5.7%
OCF(TTM)2.66
OCFY6.35%
SpS40.68
BVpS18.03
TBVpS8.21
PEG (NY)1.22
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 Y66.01%
EPS Next 2Y37.95%
EPS Next 3Y29.81%
EPS Next 5YN/A
Revenue 1Y (TTM)6.71%
Revenue growth 3Y11.19%
Revenue growth 5Y4.24%
Sales Q2Q%8.33%
Revenue Next Year8.24%
Revenue Next 2Y6.08%
Revenue Next 3Y5.6%
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 80.53 and the Price/Book (PB) ratio is 2.32.
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%.