APERAM (APAM.AS) Stock Fundamental Analysis
Europe - AMS:APAM - LU0569974404 - Common Stock
32.12 EUR
+0.7 (+2.23%)
Taking everything into account, APAM scores 4 out of 10 in our fundamental rating. APAM was compared to 43 industry peers in the Metals & Mining industry. APAM has a bad profitability rating. Also its financial health evaluation is rather negative. APAM is not valued too expensively and it also shows a decent growth rate. Finally APAM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
APAM had positive earnings in the past year.
APAM had a positive operating cash flow in the past year.
APAM had positive earnings in each of the past 5 years.
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 in line with its industry peers.
APAM's Return On Equity of 6.03% is in line compared to the rest of the industry. APAM outperforms 55.81% of its industry peers.
The Return On Invested Capital of APAM (2.38%) is worse than 60.47% of its industry peers.
The Average Return On Invested Capital over the past 3 years for APAM is in line with the industry average of 7.70%.
| 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
Looking at the Profit Margin, with a value of 3.06%, APAM is in line with its industry, outperforming 46.51% 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: 65.12% 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 worse Gross Margin (7.66%) than 83.72% of its industry peers.
In the last couple of years the Gross Margin of APAM has declined.
| 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
APAM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
APAM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.27 indicates that APAM is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.27, APAM perfoms like the industry average, outperforming 53.49% of the companies in the same industry.
APAM has a debt to FCF ratio of 9.73. This is a negative value and a sign of low solvency as APAM would need 9.73 years to pay back of all of its debts.
APAM has a Debt to FCF ratio (9.73) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.38 indicates that APAM is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.38, APAM is not doing good in the industry: 60.47% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 9.73 | ||
| Altman-Z | 2.27 |
ROIC/WACC0.29
WACC8.3%
2.3 Liquidity
A Current Ratio of 1.40 indicates that APAM should not have too much problems paying its short term obligations.
APAM has a Current ratio of 1.40. This is in the lower half of the industry: APAM underperforms 74.42% of its industry peers.
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 88.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
APAM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 212.68%, which is quite impressive.
The Earnings Per Share has been growing by 13.01% on average over the past years. This is quite good.
The Revenue has decreased by -0.46% in the past year.
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)212.68%
EPS 3Y-33.06%
EPS 5Y13.01%
EPS Q2Q%-69.51%
Revenue 1Y (TTM)-0.46%
Revenue growth 3Y7.03%
Revenue growth 5Y8.09%
Sales Q2Q%1.22%
3.2 Future
Based on estimates for the next years, APAM will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.52% on average per year.
Based on estimates for the next years, APAM will show a small growth in Revenue. The Revenue will grow by 5.10% on average per year.
EPS Next Y-65.09%
EPS Next 2Y1.22%
EPS Next 3Y9.52%
EPS Next 5YN/A
Revenue Next Year1.93%
Revenue Next 2Y5.34%
Revenue Next 3Y4.93%
Revenue Next 5Y5.1%
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 decreasing.
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
With a Price/Earnings ratio of 10.93, the valuation of APAM can be described as very reasonable.
Based on the Price/Earnings ratio, APAM is valued cheaply inside the industry as 86.05% of the companies are valued more expensively.
APAM is valuated cheaply when we compare the Price/Earnings ratio to 27.35, which is the current average of the S&P500 Index.
APAM is valuated reasonably with a Price/Forward Earnings ratio of 9.89.
Compared to the rest of the industry, the Price/Forward Earnings ratio of APAM indicates a somewhat cheap valuation: APAM is cheaper than 76.74% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, APAM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.93 | ||
| Fwd PE | 9.89 |
4.2 Price Multiples
62.79% of the companies in the same industry are more expensive than APAM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, APAM is valued cheaper than 81.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.55 | ||
| EV/EBITDA | 7.3 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.84
EPS Next 2Y1.22%
EPS Next 3Y9.52%
5. Dividend
5.1 Amount
APAM has a Yearly Dividend Yield of 5.14%, which is a nice return.
Compared to an average industry Dividend Yield of 2.81, APAM pays a better dividend. On top of this APAM pays more dividend than 86.05% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, APAM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
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
APAM pays out 75.52% of its income as dividend. 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 2Y1.22%
EPS Next 3Y9.52%
AMS:APAM (10/13/2025, 7:00:00 PM)
32.12
+0.7 (+2.23%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners22.71%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.35B
Analysts72.94
Price Target30.5 (-5.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
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)1.6%
PT rev (3m)-1.77%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)20.18%
EPS NY rev (3m)-51.14%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-3.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.93 | ||
| Fwd PE | 9.89 | ||
| P/S | 0.37 | ||
| P/FCF | 16.55 | ||
| P/OCF | 7.94 | ||
| P/B | 0.74 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 7.3 |
EPS(TTM)2.94
EY9.15%
EPS(NY)3.25
Fwd EY10.11%
FCF(TTM)1.94
FCFY6.04%
OCF(TTM)4.04
OCFY12.59%
SpS85.76
BVpS43.52
TBVpS36.55
PEG (NY)N/A
PEG (5Y)0.84
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%
ROICexcg growth 3Y-53.63%
ROICexcg 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 | 2.27 |
F-Score5
WACC8.3%
ROIC/WACC0.29
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)212.68%
EPS 3Y-33.06%
EPS 5Y13.01%
EPS Q2Q%-69.51%
EPS Next Y-65.09%
EPS Next 2Y1.22%
EPS Next 3Y9.52%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.46%
Revenue growth 3Y7.03%
Revenue growth 5Y8.09%
Sales Q2Q%1.22%
Revenue Next Year1.93%
Revenue Next 2Y5.34%
Revenue Next 3Y4.93%
Revenue Next 5Y5.1%
EBIT growth 1Y596.67%
EBIT growth 3Y-51.99%
EBIT growth 5Y-9.11%
EBIT Next Year250.3%
EBIT Next 3Y79.03%
EBIT Next 5Y43.06%
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%