APERAM (APAM.AS) Stock Fundamental Analysis
AMS:APAM - LU0569974404 - Common Stock
26.18 EUR
+0.24 (+0.93%)
We assign a fundamental rating of 4 out of 10 to APAM. APAM was compared to 37 industry peers in the Metals & Mining industry. While APAM is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
Each year in the past 5 years APAM has been profitable.
Each year in the past 5 years APAM had a positive operating cash flow.
1.2 Ratios
APAM has a Return On Assets (3.01%) which is comparable to the rest of the industry.
APAM has a Return On Equity (6.03%) which is in line with its industry peers.
The Return On Invested Capital of APAM (2.38%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for APAM is in line with the industry average of 8.00%.
| 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 51.35% of the companies in the same industry.
APAM's Profit Margin has been stable in the last couple of years.
APAM has a worse Operating Margin (2.37%) than 62.16% of its industry peers.
APAM's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 7.66%, APAM is not doing good in the industry: 83.78% of the companies in the same industry are doing better.
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
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
An Altman-Z score of 2.20 indicates that APAM is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of APAM (2.20) is comparable to the rest of the 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.
APAM has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
APAM has a worse Debt to Equity ratio (0.38) than 64.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 9.73 | ||
| Altman-Z | 2.2 |
ROIC/WACC0.28
WACC8.45%
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.
APAM's Current ratio of 1.40 is on the low side compared to the rest of the industry. APAM is outperformed by 70.27% of its industry peers.
A Quick Ratio of 0.47 indicates that APAM may have some problems paying its short term obligations.
With a Quick ratio value of 0.47, APAM is not doing good in the industry: 86.49% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 212.68% 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.
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 8.56% on average per year.
The Revenue is expected to grow by 5.17% on average over the next years.
EPS Next Y-70.95%
EPS Next 2Y0.84%
EPS Next 3Y8.56%
EPS Next 5YN/A
Revenue Next Year2.71%
Revenue Next 2Y5.31%
Revenue Next 3Y5.33%
Revenue Next 5Y5.17%
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
APAM is valuated reasonably with a Price/Earnings ratio of 8.90.
Based on the Price/Earnings ratio, APAM is valued cheaply inside the industry as 89.19% of the companies are valued more expensively.
APAM is valuated cheaply when we compare the Price/Earnings ratio to 27.13, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 8.12 indicates a reasonable valuation of APAM.
APAM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. APAM is cheaper than 78.38% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of APAM to the average of the S&P500 Index (22.76), we can say APAM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.9 | ||
| Fwd PE | 8.12 |
4.2 Price Multiples
62.16% 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 cheaply inside the industry as 81.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.49 | ||
| EV/EBITDA | 6.27 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.68
EPS Next 2Y0.84%
EPS Next 3Y8.56%
5. Dividend
5.1 Amount
APAM has a Yearly Dividend Yield of 6.51%, which is a nice return.
APAM's Dividend Yield is rather good when compared to the industry average which is at 3.16. APAM pays more dividend than 91.89% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, APAM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.51% |
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.
APAM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP75.52%
EPS Next 2Y0.84%
EPS Next 3Y8.56%
AMS:APAM (9/1/2025, 7:00:00 PM)
26.18
+0.24 (+0.93%)
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 Cap1.92B
Analysts72.94
Price Target30.02 (14.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.51% |
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)-1.87%
PT rev (3m)-3.37%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-59.34%
EPS NY rev (3m)-59.34%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.87%
Revenue NY rev (3m)-3.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.9 | ||
| Fwd PE | 8.12 | ||
| P/S | 0.31 | ||
| P/FCF | 13.49 | ||
| P/OCF | 6.47 | ||
| P/B | 0.6 | ||
| P/tB | 0.72 | ||
| EV/EBITDA | 6.27 |
EPS(TTM)2.94
EY11.23%
EPS(NY)3.22
Fwd EY12.31%
FCF(TTM)1.94
FCFY7.41%
OCF(TTM)4.04
OCFY15.45%
SpS85.76
BVpS43.52
TBVpS36.55
PEG (NY)N/A
PEG (5Y)0.68
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%
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 | 2.2 |
F-Score5
WACC8.45%
ROIC/WACC0.28
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-70.95%
EPS Next 2Y0.84%
EPS Next 3Y8.56%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.46%
Revenue growth 3Y7.03%
Revenue growth 5Y8.09%
Sales Q2Q%1.22%
Revenue Next Year2.71%
Revenue Next 2Y5.31%
Revenue Next 3Y5.33%
Revenue Next 5Y5.17%
EBIT growth 1Y596.67%
EBIT growth 3Y-51.99%
EBIT growth 5Y-9.11%
EBIT Next Year278.52%
EBIT Next 3Y79.88%
EBIT Next 5Y43.15%
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%