APERAM (APAM.AS) Stock Fundamental Analysis
AMS:APAM - Euronext Amsterdam - LU0569974404 - Common Stock - Currency: EUR
Taking everything into account, APAM scores 5 out of 10 in our fundamental rating. APAM was compared to 36 industry peers in the Metals & Mining industry. APAM has an average financial health and profitability rating. APAM has a correct valuation and a medium growth rate. APAM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year APAM was profitable.
In the past year APAM had a positive cash flow from operations.
In the past 5 years APAM has always been profitable.
Each year in the past 5 years APAM had a positive operating cash flow.
1.2 Ratios
APAM has a better Return On Assets (3.96%) than 63.89% of its industry peers.
APAM has a better Return On Equity (6.89%) than 61.11% of its industry peers.
With a Return On Invested Capital value of 2.23%, APAM is not doing good in the industry: 63.89% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for APAM is in line with the industry average of 7.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.96% | ||
| ROE | 6.89% | ||
| ROIC | 2.23% |
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
APAM has a Profit Margin of 3.69%. This is comparable to the rest of the industry: APAM outperforms 50.00% of its industry peers.
In the last couple of years the Profit Margin of APAM has remained more or less at the same level.
APAM has a Operating Margin of 2.06%. This is in the lower half of the industry: APAM underperforms 72.22% of its industry peers.
In the last couple of years the Operating Margin of APAM has declined.
Looking at the Gross Margin, with a value of 7.18%, APAM is doing worse than 86.11% of the companies in the same industry.
APAM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.06% | ||
| PM (TTM) | 3.69% | ||
| GM | 7.18% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), APAM is destroying value.
The number of shares outstanding for APAM remains at a similar level compared to 1 year ago.
Compared to 5 years ago, APAM has less shares outstanding
APAM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.57 indicates that APAM is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of APAM (2.57) is better than 69.44% of its industry peers.
APAM has a debt to FCF ratio of 6.67. This is a slightly negative value and a sign of low solvency as APAM would need 6.67 years to pay back of all of its debts.
APAM has a better Debt to FCF ratio (6.67) than 61.11% of its industry peers.
APAM has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
APAM has a Debt to Equity ratio (0.20) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 6.67 | ||
| Altman-Z | 2.57 |
ROIC/WACC0.26
WACC8.52%
2.3 Liquidity
A Current Ratio of 1.73 indicates that APAM should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.73, APAM is in line with its industry, outperforming 52.78% of the companies in the same industry.
A Quick Ratio of 0.43 indicates that APAM may have some problems paying its short term obligations.
APAM has a worse Quick ratio (0.43) than 94.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 394.25% over the past 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.
Looking at the last year, APAM shows a decrease in Revenue. The Revenue has decreased by -5.11% in the last 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)394.25%
EPS 3Y-33.06%
EPS 5Y13.01%
EPS Q2Q%130.46%
Revenue 1Y (TTM)-5.11%
Revenue growth 3Y7.03%
Revenue growth 5Y8.09%
Sales Q2Q%-7.37%
3.2 Future
The Earnings Per Share is expected to grow by 13.75% on average over the next years. This is quite good.
Based on estimates for the next years, APAM will show a small growth in Revenue. The Revenue will grow by 6.46% on average per year.
EPS Next Y-28.55%
EPS Next 2Y9.37%
EPS Next 3Y13.75%
EPS Next 5YN/A
Revenue Next Year6.03%
Revenue Next 2Y6.95%
Revenue Next 3Y5.98%
Revenue Next 5Y6.46%
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 stable.
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 7.70, which indicates a rather cheap valuation of APAM.
Based on the Price/Earnings ratio, APAM is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.32. APAM is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 7.13, the valuation of APAM can be described as very cheap.
Based on the Price/Forward Earnings ratio, APAM is valued cheaper than 86.11% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of APAM to the average of the S&P500 Index (22.19), we can say APAM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.7 | ||
| Fwd PE | 7.13 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as APAM.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of APAM indicates a somewhat cheap valuation: APAM is cheaper than 72.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.36 | ||
| EV/EBITDA | 6.6 |
4.3 Compensation for Growth
APAM's earnings are expected to grow with 13.75% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.59
EPS Next 2Y9.37%
EPS Next 3Y13.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.26%, APAM is a good candidate for dividend investing.
APAM's Dividend Yield is rather good when compared to the industry average which is at 3.20. APAM pays more dividend than 91.67% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, APAM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.26% |
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
62.77% of the earnings are spent on dividend by APAM. This is not a sustainable payout ratio.
APAM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.77%
EPS Next 2Y9.37%
EPS Next 3Y13.75%
AMS:APAM (6/18/2025, 3:49:28 PM)
27.04
-0.12 (-0.44%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners21.81%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.98B
Analysts75.29
Price Target31.05 (14.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.26% |
Yearly Dividend2.01
Dividend Growth(5Y)2.91%
DP62.77%
Div Incr Years0
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)267.51%
Min EPS beat(2)-68.55%
Max EPS beat(2)603.58%
EPS beat(4)2
Avg EPS beat(4)93.11%
Min EPS beat(4)-354.9%
Max EPS beat(4)603.58%
EPS beat(8)4
Avg EPS beat(8)162.72%
EPS beat(12)5
Avg EPS beat(12)99.21%
EPS beat(16)9
Avg EPS beat(16)81.41%
Revenue beat(2)0
Avg Revenue beat(2)-6.72%
Min Revenue beat(2)-8.46%
Max Revenue beat(2)-4.97%
Revenue beat(4)0
Avg Revenue beat(4)-8.14%
Min Revenue beat(4)-14.9%
Max Revenue beat(4)-4.22%
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)-0.05%
PT rev (3m)-3.24%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-20.47%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.7 | ||
| Fwd PE | 7.13 | ||
| P/S | 0.32 | ||
| P/FCF | 17.36 | ||
| P/OCF | 7.07 | ||
| P/B | 0.59 | ||
| P/tB | 0.68 | ||
| EV/EBITDA | 6.6 |
EPS(TTM)3.51
EY12.98%
EPS(NY)3.79
Fwd EY14.02%
FCF(TTM)1.56
FCFY5.76%
OCF(TTM)3.83
OCFY14.15%
SpS85.47
BVpS45.83
TBVpS40
PEG (NY)N/A
PEG (5Y)0.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.96% | ||
| ROE | 6.89% | ||
| ROCE | 3.09% | ||
| ROIC | 2.23% | ||
| ROICexc | 2.34% | ||
| ROICexgc | 2.61% | ||
| OM | 2.06% | ||
| PM (TTM) | 3.69% | ||
| GM | 7.18% | ||
| FCFM | 1.82% |
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 Turnover1.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 6.67 | ||
| Debt/EBITDA | 1.91 | ||
| Cap/Depr | 72.49% | ||
| Cap/Sales | 2.65% | ||
| Interest Coverage | 2.87 | ||
| Cash Conversion | 78.21% | ||
| Profit Quality | 49.35% | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 2.57 |
F-Score5
WACC8.52%
ROIC/WACC0.26
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)394.25%
EPS 3Y-33.06%
EPS 5Y13.01%
EPS Q2Q%130.46%
EPS Next Y-28.55%
EPS Next 2Y9.37%
EPS Next 3Y13.75%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.11%
Revenue growth 3Y7.03%
Revenue growth 5Y8.09%
Sales Q2Q%-7.37%
Revenue Next Year6.03%
Revenue Next 2Y6.95%
Revenue Next 3Y5.98%
Revenue Next 5Y6.46%
EBIT growth 1Y44.94%
EBIT growth 3Y-51.99%
EBIT growth 5Y-9.11%
EBIT Next Year278.52%
EBIT Next 3Y79.88%
EBIT Next 5Y46.97%
FCF growth 1Y-32.14%
FCF growth 3Y-34.08%
FCF growth 5Y-14.47%
OCF growth 1Y-40.55%
OCF growth 3Y-20.15%
OCF growth 5Y-6.89%