APERAM (APAM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:APAM - LU0569974404 - Common Stock
33.06 EUR
-0.04 (-0.12%)
APAM gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 36 industry peers in the Metals & Mining industry. APAM has a bad profitability rating. Also its financial health evaluation is rather negative. APAM is valued correctly, but it does not seem to be growing. Finally APAM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
APAM had positive earnings in the past year.
In the past year APAM had a positive cash flow from operations.
Each year in the past 5 years APAM has been profitable.
APAM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
APAM has a Return On Assets (3.01%) which is comparable to the rest of the industry.
APAM's Return On Equity of 6.03% is in line compared to the rest of the industry. APAM outperforms 52.78% of its industry peers.
APAM has a worse Return On Invested Capital (2.38%) than 63.89% of its industry peers.
APAM had an Average Return On Invested Capital over the past 3 years of 6.14%. This is in line with the industry average of 7.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.01% | ||
| ROE | 6.03% | ||
| ROIC | 2.38% |
ROA(3y)5.98%
ROA(5y)7.74%
ROE(3y)10.42%
ROE(5y)14.41%
ROIC(3y)6.14%
ROIC(5y)8.79%
1.3 Margins
With a Profit Margin value of 3.06%, APAM perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
In the last couple of years the Profit Margin of APAM has remained more or less at the same level.
With a Operating Margin value of 2.37%, APAM is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of APAM has declined.
APAM has a Gross Margin of 7.66%. This is amonst the worse of the industry: APAM underperforms 86.11% of its industry peers.
APAM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.37% | ||
| PM (TTM) | 3.06% | ||
| GM | 7.66% |
OM growth 3Y-55.15%
OM growth 5Y-15.91%
PM growth 3Y-42.05%
PM growth 5Y1.13%
GM growth 3Y-35.26%
GM growth 5Y-5.22%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so APAM is destroying value.
Compared to 1 year ago, APAM has about the same amount of shares outstanding.
APAM has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, APAM has an improved debt to assets ratio.
2.2 Solvency
APAM has an Altman-Z score of 2.30. This is not the best score and indicates that APAM is in the grey zone with still only limited risk for bankruptcy at the moment.
APAM has a Altman-Z score (2.30) which is in line with its industry peers.
The Debt to FCF ratio of APAM is 9.73, which is on the high side as it means it would take APAM, 9.73 years of fcf income to pay off all of its debts.
APAM's Debt to FCF ratio of 9.73 is in line compared to the rest of the industry. APAM outperforms 52.78% of its industry peers.
A Debt/Equity ratio of 0.38 indicates that APAM is not too dependend on debt financing.
APAM's Debt to Equity ratio of 0.38 is in line compared to the rest of the industry. APAM outperforms 41.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 9.73 | ||
| Altman-Z | 2.3 |
ROIC/WACC0.27
WACC8.9%
2.3 Liquidity
APAM has a Current Ratio of 1.40. This is a normal value and indicates that APAM is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.40, APAM is doing worse than 77.78% of the companies in the same industry.
A Quick Ratio of 0.47 indicates that APAM may have some problems paying its short term obligations.
APAM's Quick ratio of 0.47 is on the low side compared to the rest of the industry. APAM is outperformed by 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
The earnings per share for APAM have decreased strongly by -94.46% in the last year.
APAM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.01% yearly.
APAM shows a decrease in Revenue. In the last year, the revenue decreased by -5.11%.
Measured over the past years, APAM shows a quite strong growth in Revenue. The Revenue has been growing by 8.09% on average per year.
EPS 1Y (TTM)-94.46%
EPS 3Y-33.06%
EPS 5Y13.01%
EPS Q2Q%-111.48%
Revenue 1Y (TTM)-5.11%
Revenue growth 3Y7.03%
Revenue growth 5Y8.09%
Sales Q2Q%-5.56%
3.2 Future
APAM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.76% yearly.
The Revenue is expected to grow by 4.76% on average over the next years.
EPS Next Y-82.75%
EPS Next 2Y-8.67%
EPS Next 3Y6.76%
EPS Next 5YN/A
Revenue Next Year-1.51%
Revenue Next 2Y3.34%
Revenue Next 3Y4.42%
Revenue Next 5Y4.76%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 150.27, which means the current valuation is very expensive for APAM.
66.67% of the companies in the same industry are cheaper than APAM, based on the Price/Earnings ratio.
APAM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.59.
APAM is valuated correctly with a Price/Forward Earnings ratio of 12.50.
Based on the Price/Forward Earnings ratio, APAM is valued a bit cheaper than 61.11% of the companies in the same industry.
APAM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 150.27 | ||
| Fwd PE | 12.5 |
4.2 Price Multiples
APAM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. APAM is cheaper than 61.11% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, APAM is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.04 | ||
| EV/EBITDA | 7.61 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)11.55
EPS Next 2Y-8.67%
EPS Next 3Y6.76%
5. Dividend
5.1 Amount
APAM has a Yearly Dividend Yield of 5.21%, which is a nice return.
APAM's Dividend Yield is rather good when compared to the industry average which is at 2.61. APAM pays more dividend than 88.89% of the companies in the same industry.
APAM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.21% |
5.2 History
The dividend of APAM has a limited annual growth rate of 2.91%.
Dividend Growth(5Y)2.91%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
75.52% of the earnings are spent on dividend by APAM. This is not a sustainable payout ratio.
The dividend of APAM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP75.52%
EPS Next 2Y-8.67%
EPS Next 3Y6.76%
AMS:APAM (12/10/2025, 7:00:00 PM)
33.06
-0.04 (-0.12%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners24.12%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.42B
Revenue(TTM)6.25B
Net Income(TTM)192.00M
Analysts72.94
Price Target33 (-0.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.21% |
Yearly Dividend2.01
Dividend Growth(5Y)2.91%
DP75.52%
Div Incr Years0
Div Non Decr Years5
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)5.1%
PT rev (3m)9.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-50.32%
EPS NY rev (3m)-40.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.11%
Revenue NY rev (3m)-4.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 150.27 | ||
| Fwd PE | 12.5 | ||
| P/S | 0.39 | ||
| P/FCF | 17.04 | ||
| P/OCF | 8.17 | ||
| P/B | 0.76 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | 7.61 |
EPS(TTM)0.22
EY0.67%
EPS(NY)2.64
Fwd EY8%
FCF(TTM)1.94
FCFY5.87%
OCF(TTM)4.04
OCFY12.23%
SpS85.76
BVpS43.52
TBVpS36.55
PEG (NY)N/A
PEG (5Y)11.55
Graham Number14.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.01% | ||
| ROE | 6.03% | ||
| ROCE | 3.64% | ||
| ROIC | 2.38% | ||
| ROICexc | 2.51% | ||
| ROICexgc | 2.83% | ||
| OM | 2.37% | ||
| PM (TTM) | 3.06% | ||
| GM | 7.66% | ||
| FCFM | 2.26% |
ROA(3y)5.98%
ROA(5y)7.74%
ROE(3y)10.42%
ROE(5y)14.41%
ROIC(3y)6.14%
ROIC(5y)8.79%
ROICexc(3y)6.78%
ROICexc(5y)9.89%
ROICexgc(3y)7.62%
ROICexgc(5y)11.24%
ROCE(3y)8.43%
ROCE(5y)12.21%
ROICexgc growth 3Y-53.63%
ROICexgc growth 5Y-17.16%
ROICexc growth 3Y-53.4%
ROICexc growth 5Y-15.86%
OM growth 3Y-55.15%
OM growth 5Y-15.91%
PM growth 3Y-42.05%
PM growth 5Y1.13%
GM growth 3Y-35.26%
GM growth 5Y-5.22%
F-Score5
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 9.73 | ||
| Debt/EBITDA | 3.06 | ||
| Cap/Depr | 63.9% | ||
| Cap/Sales | 2.45% | ||
| Interest Coverage | 3.47 | ||
| Cash Conversion | 75.9% | ||
| Profit Quality | 73.96% | ||
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 2.3 |
F-Score5
WACC8.9%
ROIC/WACC0.27
Cap/Depr(3y)126.72%
Cap/Depr(5y)112.28%
Cap/Sales(3y)3.63%
Cap/Sales(5y)3.37%
Profit Quality(3y)62.49%
Profit Quality(5y)67.89%
High Growth Momentum
Growth
EPS 1Y (TTM)-94.46%
EPS 3Y-33.06%
EPS 5Y13.01%
EPS Q2Q%-111.48%
EPS Next Y-82.75%
EPS Next 2Y-8.67%
EPS Next 3Y6.76%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.11%
Revenue growth 3Y7.03%
Revenue growth 5Y8.09%
Sales Q2Q%-5.56%
Revenue Next Year-1.51%
Revenue Next 2Y3.34%
Revenue Next 3Y4.42%
Revenue Next 5Y4.76%
EBIT growth 1Y596.67%
EBIT growth 3Y-51.99%
EBIT growth 5Y-9.11%
EBIT Next Year201.51%
EBIT Next 3Y77.16%
EBIT Next 5Y41.08%
FCF growth 1Y-60.66%
FCF growth 3Y-34.08%
FCF growth 5Y-14.47%
OCF growth 1Y-56.28%
OCF growth 3Y-20.15%
OCF growth 5Y-6.89%
APERAM / APAM.AS FAQ
What is the fundamental rating for APAM stock?
ChartMill assigns a fundamental rating of 3 / 10 to APAM.AS.
What is the valuation status for APAM stock?
ChartMill assigns a valuation rating of 4 / 10 to APERAM (APAM.AS). This can be considered as Fairly Valued.
What is the profitability of APAM stock?
APERAM (APAM.AS) has a profitability rating of 3 / 10.
What are the PE and PB ratios of APERAM (APAM.AS) stock?
The Price/Earnings (PE) ratio for APERAM (APAM.AS) is 150.27 and the Price/Book (PB) ratio is 0.76.
What is the earnings growth outlook for APERAM?
The Earnings per Share (EPS) of APERAM (APAM.AS) is expected to decline by -82.75% in the next year.