AMER SPORTS INC (AS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AS - KYG0260P1028 - Common Stock
38.53 USD
-0.59 (-1.51%)
38.63 USD
+0.1 (+0.26%)
We assign a fundamental rating of 4 out of 10 to AS. AS was compared to 45 industry peers in the Textiles, Apparel & Luxury Goods industry. Both the profitability and the financial health of AS get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, AS is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year AS was profitable.
AS had a positive operating cash flow in the past year.
AS had negative earnings in 4 of the past 5 years.
AS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
AS's Return On Assets of 3.21% is in line compared to the rest of the industry. AS outperforms 55.56% of its industry peers.
AS has a Return On Equity (5.51%) which is comparable to the rest of the industry.
AS has a Return On Invested Capital (6.57%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for AS is significantly below the industry average of 11.62%.
The last Return On Invested Capital (6.57%) for AS is above the 3 year average (4.01%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.21% | ||
| ROE | 5.51% | ||
| ROIC | 6.57% |
ROA(3y)-1.61%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.01%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 5.10%, AS is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
AS has a Operating Margin of 10.51%. This is in the better half of the industry: AS outperforms 77.78% of its industry peers.
AS's Operating Margin has improved in the last couple of years.
AS has a Gross Margin of 57.20%. This is in the better half of the industry: AS outperforms 66.67% of its industry peers.
In the last couple of years the Gross Margin of AS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.51% | ||
| PM (TTM) | 5.1% | ||
| GM | 57.2% |
OM growth 3Y14.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.11%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AS is destroying value.
AS has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, AS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.53 indicates that AS is not in any danger for bankruptcy at the moment.
AS has a better Altman-Z score (4.53) than 80.00% of its industry peers.
The Debt to FCF ratio of AS is 8.66, which is on the high side as it means it would take AS, 8.66 years of fcf income to pay off all of its debts.
AS has a Debt to FCF ratio (8.66) which is in line with its industry peers.
A Debt/Equity ratio of 0.26 indicates that AS is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.26, AS is in the better half of the industry, outperforming 71.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.66 | ||
| Altman-Z | 4.53 |
ROIC/WACC0.89
WACC7.38%
2.3 Liquidity
AS has a Current Ratio of 1.51. This is a normal value and indicates that AS is financially healthy and should not expect problems in meeting its short term obligations.
AS has a Current ratio of 1.51. This is in the lower half of the industry: AS underperforms 73.33% of its industry peers.
A Quick Ratio of 0.70 indicates that AS may have some problems paying its short term obligations.
The Quick ratio of AS (0.70) is worse than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
AS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 336.84%, which is quite impressive.
AS shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.90%.
Measured over the past years, AS shows a quite strong growth in Revenue. The Revenue has been growing by 19.12% on average per year.
EPS 1Y (TTM)336.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%135.71%
Revenue 1Y (TTM)25.9%
Revenue growth 3Y19.12%
Revenue growth 5YN/A
Sales Q2Q%29.73%
3.2 Future
Based on estimates for the next years, AS will show a very strong growth in Earnings Per Share. The EPS will grow by 41.19% on average per year.
The Revenue is expected to grow by 16.61% on average over the next years. This is quite good.
EPS Next Y117.44%
EPS Next 2Y64.49%
EPS Next 3Y50.66%
EPS Next 5Y41.19%
Revenue Next Year25.61%
Revenue Next 2Y20.8%
Revenue Next 3Y18.71%
Revenue Next 5Y16.61%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 46.42 indicates a quite expensive valuation of AS.
AS's Price/Earnings ratio is a bit more expensive when compared to the industry. AS is more expensive than 64.44% of the companies in the same industry.
AS is valuated expensively when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
AS is valuated quite expensively with a Price/Forward Earnings ratio of 32.36.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AS indicates a slightly more expensive valuation: AS is more expensive than 71.11% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, AS is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.42 | ||
| Fwd PE | 32.36 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AS indicates a slightly more expensive valuation: AS is more expensive than 71.11% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AS indicates a slightly more expensive valuation: AS is more expensive than 62.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 98.85 | ||
| EV/EBITDA | 23.16 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AS's earnings are expected to grow with 50.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y64.49%
EPS Next 3Y50.66%
5. Dividend
5.1 Amount
No dividends for AS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
38.53
-0.59 (-1.51%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners34.84%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap21.33B
Revenue(TTM)6.10B
Net Income(TTM)311.30M
Analysts83.45
Price Target46.94 (21.83%)
Short Float %5.96%
Short Ratio2.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)74.11%
Min EPS beat(2)28.39%
Max EPS beat(2)119.82%
EPS beat(4)3
Avg EPS beat(4)54.1%
Min EPS beat(4)-2.6%
Max EPS beat(4)119.82%
EPS beat(8)6
Avg EPS beat(8)-22.8%
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)1
Avg Revenue beat(2)0.7%
Min Revenue beat(2)-0.27%
Max Revenue beat(2)1.67%
Revenue beat(4)2
Avg Revenue beat(4)0.98%
Min Revenue beat(4)-0.76%
Max Revenue beat(4)3.26%
Revenue beat(8)5
Avg Revenue beat(8)0.8%
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)4.79%
PT rev (3m)7.12%
EPS NQ rev (1m)0.29%
EPS NQ rev (3m)-2.76%
EPS NY rev (1m)0.09%
EPS NY rev (3m)9.49%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)2.19%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)2.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.42 | ||
| Fwd PE | 32.36 | ||
| P/S | 3.5 | ||
| P/FCF | 98.85 | ||
| P/OCF | 41.73 | ||
| P/B | 3.78 | ||
| P/tB | 36.9 | ||
| EV/EBITDA | 23.16 |
EPS(TTM)0.83
EY2.15%
EPS(NY)1.19
Fwd EY3.09%
FCF(TTM)0.39
FCFY1.01%
OCF(TTM)0.92
OCFY2.4%
SpS11.02
BVpS10.2
TBVpS1.04
PEG (NY)0.4
PEG (5Y)N/A
Graham Number13.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.21% | ||
| ROE | 5.51% | ||
| ROCE | 8.42% | ||
| ROIC | 6.57% | ||
| ROICexc | 6.89% | ||
| ROICexgc | 22.16% | ||
| OM | 10.51% | ||
| PM (TTM) | 5.1% | ||
| GM | 57.2% | ||
| FCFM | 3.54% |
ROA(3y)-1.61%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.01%
ROIC(5y)N/A
ROICexc(3y)4.27%
ROICexc(5y)N/A
ROICexgc(3y)18.87%
ROICexgc(5y)N/A
ROCE(3y)5.08%
ROCE(5y)N/A
ROICexgc growth 3Y16.69%
ROICexgc growth 5YN/A
ROICexc growth 3Y36.01%
ROICexc growth 5YN/A
OM growth 3Y14.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.11%
GM growth 5YN/A
F-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 8.66 | ||
| Debt/EBITDA | 1.47 | ||
| Cap/Depr | 83.16% | ||
| Cap/Sales | 4.84% | ||
| Interest Coverage | 5.33 | ||
| Cash Conversion | 51.31% | ||
| Profit Quality | 69.32% | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 4.53 |
F-Score7
WACC7.38%
ROIC/WACC0.89
Cap/Depr(3y)81.5%
Cap/Depr(5y)67.78%
Cap/Sales(3y)4.31%
Cap/Sales(5y)4.1%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)336.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%135.71%
EPS Next Y117.44%
EPS Next 2Y64.49%
EPS Next 3Y50.66%
EPS Next 5Y41.19%
Revenue 1Y (TTM)25.9%
Revenue growth 3Y19.12%
Revenue growth 5YN/A
Sales Q2Q%29.73%
Revenue Next Year25.61%
Revenue Next 2Y20.8%
Revenue Next 3Y18.71%
Revenue Next 5Y16.61%
EBIT growth 1Y109.51%
EBIT growth 3Y36.01%
EBIT growth 5YN/A
EBIT Next Year100.64%
EBIT Next 3Y42.44%
EBIT Next 5Y28.72%
FCF growth 1Y243.29%
FCF growth 3Y-6.84%
FCF growth 5YN/A
OCF growth 1Y2924.31%
OCF growth 3Y16.59%
OCF growth 5YN/A
AMER SPORTS INC / AS FAQ
Can you provide the ChartMill fundamental rating for AMER SPORTS INC?
ChartMill assigns a fundamental rating of 4 / 10 to AS.
What is the valuation status for AS stock?
ChartMill assigns a valuation rating of 2 / 10 to AMER SPORTS INC (AS). This can be considered as Overvalued.
Can you provide the profitability details for AMER SPORTS INC?
AMER SPORTS INC (AS) has a profitability rating of 5 / 10.
What is the expected EPS growth for AMER SPORTS INC (AS) stock?
The Earnings per Share (EPS) of AMER SPORTS INC (AS) is expected to grow by 117.44% in the next year.