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 38 industry peers in the Metals & Mining industry. APAM has only an average score on both its financial health and profitability. APAM is not valued too expensively and it also shows a decent growth rate. 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
The Return On Assets of APAM (3.96%) is better than 65.79% of its industry peers.
APAM's Return On Equity of 6.89% is fine compared to the rest of the industry. APAM outperforms 63.16% of its industry peers.
APAM's Return On Invested Capital of 2.23% is in line compared to the rest of the industry. APAM outperforms 47.37% 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 6.60%.
| 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
Looking at the Profit Margin, with a value of 3.69%, APAM is in line with its industry, outperforming 55.26% of the companies in the same industry.
APAM's Profit Margin has been stable in the last couple of years.
APAM has a Operating Margin of 2.06%. This is in the lower half of the industry: APAM underperforms 63.16% of its industry peers.
APAM's Operating Margin has declined in the last couple of years.
APAM has a Gross Margin of 7.18%. This is amonst the worse of the industry: APAM underperforms 84.21% of its industry peers.
In the last couple of years the Gross Margin of APAM has declined.
| 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.
The number of shares outstanding for APAM has been reduced compared to 5 years ago.
The debt/assets ratio for APAM has been reduced compared to a year ago.
2.2 Solvency
APAM has an Altman-Z score of 2.56. 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.
With a decent Altman-Z score value of 2.56, APAM is doing good in the industry, outperforming 73.68% of the companies in the same industry.
The Debt to FCF ratio of APAM is 6.67, which is on the high side as it means it would take APAM, 6.67 years of fcf income to pay off all of its debts.
APAM has a Debt to FCF ratio of 6.67. This is in the better half of the industry: APAM outperforms 63.16% 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 comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 6.67 | ||
| Altman-Z | 2.56 |
ROIC/WACC0.26
WACC8.6%
2.3 Liquidity
A Current Ratio of 1.73 indicates that APAM should not have too much problems paying its short term obligations.
APAM's Current ratio of 1.73 is fine compared to the rest of the industry. APAM outperforms 60.53% of its industry peers.
APAM has a Quick Ratio of 1.73. This is a bad value and indicates that APAM is not financially healthy enough and could expect problems in meeting its short term obligations.
APAM has a Quick ratio of 0.43. This is amonst the worse of the industry: APAM underperforms 86.84% 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.
Measured over the past years, APAM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.01% on average per year.
Looking at the last year, APAM shows a decrease in Revenue. The Revenue has decreased by -5.11% in the last year.
APAM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.09% yearly.
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
APAM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.75% yearly.
Based on estimates for the next years, APAM will show a small growth in Revenue. The Revenue will grow by 5.98% 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 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
With a Price/Earnings ratio of 7.49, the valuation of APAM can be described as very cheap.
APAM's Price/Earnings ratio is rather cheap when compared to the industry. APAM is cheaper than 84.21% of the companies in the same industry.
APAM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.82.
With a Price/Forward Earnings ratio of 6.94, the valuation of APAM can be described as very cheap.
Based on the Price/Forward Earnings ratio, APAM is valued cheaper than 86.84% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of APAM to the average of the S&P500 Index (21.76), we can say APAM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.49 | ||
| Fwd PE | 6.94 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as APAM.
Based on the Price/Free Cash Flow ratio, APAM is valued a bit cheaper than the industry average as 71.05% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.88 | ||
| EV/EBITDA | 6.45 |
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)0.58
EPS Next 2Y9.37%
EPS Next 3Y13.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.41%, APAM is a good candidate for dividend investing.
APAM's Dividend Yield is rather good when compared to the industry average which is at 3.32. APAM pays more dividend than 92.11% of the companies in the same industry.
APAM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
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 Years4
5.3 Sustainability
62.77% 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.
DP62.77%
EPS Next 2Y9.37%
EPS Next 3Y13.75%
AMS:APAM (5/23/2025, 7:00:00 PM)
26.3
-0.12 (-0.45%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners22.15%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.92B
Analysts73.75
Price Target31.06 (18.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
Yearly Dividend2.01
Dividend Growth(5Y)2.91%
DP62.77%
Div Incr Years0
Div Non Decr Years4
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)-6.07%
PT rev (3m)-3.42%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-23.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.41%
Revenue NY rev (3m)3.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.49 | ||
| Fwd PE | 6.94 | ||
| P/S | 0.31 | ||
| P/FCF | 16.88 | ||
| P/OCF | 6.87 | ||
| P/B | 0.57 | ||
| P/tB | 0.66 | ||
| EV/EBITDA | 6.45 |
EPS(TTM)3.51
EY13.35%
EPS(NY)3.79
Fwd EY14.42%
FCF(TTM)1.56
FCFY5.92%
OCF(TTM)3.83
OCFY14.55%
SpS85.47
BVpS45.83
TBVpS40
PEG (NY)N/A
PEG (5Y)0.58
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 | 2.56 |
F-Score5
WACC8.6%
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 5YN/A
EBIT growth 1Y44.94%
EBIT growth 3Y-51.99%
EBIT growth 5Y-9.11%
EBIT Next Year335.07%
EBIT Next 3Y82.48%
EBIT Next 5YN/A
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%