ACADEMY SPORTS & OUTDOORS IN (ASO) Stock Fundamental Analysis
NASDAQ:ASO - US00402L1070 - Common Stock
56.33 USD
+2.59 (+4.82%)
56.33 USD
0 (0%)
Taking everything into account, ASO scores 6 out of 10 in our fundamental rating. ASO was compared to 123 industry peers in the Specialty Retail industry. While ASO has a great profitability rating, there are some minor concerns on its financial health. ASO scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes ASO very considerable for value investing!
1. Profitability
1.1 Basic Checks
ASO had positive earnings in the past year.
In the past year ASO had a positive cash flow from operations.
In the past 5 years ASO has always been profitable.
In the past 5 years ASO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.49%, ASO is in the better half of the industry, outperforming 78.86% of the companies in the same industry.
ASO's Return On Equity of 19.93% is amongst the best of the industry. ASO outperforms 80.49% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.07%, ASO is in the better half of the industry, outperforming 73.17% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ASO is above the industry average of 11.94%.
The 3 year average ROIC (14.39%) for ASO is well above the current ROIC(10.07%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.49% | ||
| ROE | 19.93% | ||
| ROIC | 10.07% |
ROA(3y)11.1%
ROA(5y)11%
ROE(3y)28.67%
ROE(5y)31.91%
ROIC(3y)14.39%
ROIC(5y)14.77%
1.3 Margins
ASO has a Profit Margin of 6.55%. This is amongst the best in the industry. ASO outperforms 82.93% of its industry peers.
In the last couple of years the Profit Margin of ASO has grown nicely.
The Operating Margin of ASO (8.54%) is better than 80.49% of its industry peers.
ASO's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 34.03%, ASO perfoms like the industry average, outperforming 43.90% of the companies in the same industry.
In the last couple of years the Gross Margin of ASO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.54% | ||
| PM (TTM) | 6.55% | ||
| GM | 34.03% |
OM growth 3Y-12.18%
OM growth 5Y19.57%
PM growth 3Y-10.73%
PM growth 5Y23.2%
GM growth 3Y-0.79%
GM growth 5Y2.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ASO is still creating some value.
ASO has less shares outstanding than it did 1 year ago.
The number of shares outstanding for ASO has been reduced compared to 5 years ago.
The debt/assets ratio for ASO has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.74 indicates that ASO is not a great score, but indicates only limited risk for bankruptcy at the moment.
ASO has a better Altman-Z score (2.74) than 60.98% of its industry peers.
ASO has a debt to FCF ratio of 1.82. This is a very positive value and a sign of high solvency as it would only need 1.82 years to pay back of all of its debts.
ASO's Debt to FCF ratio of 1.82 is fine compared to the rest of the industry. ASO outperforms 77.24% of its industry peers.
ASO has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.25, ASO is doing good in the industry, outperforming 61.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.82 | ||
| Altman-Z | 2.74 |
ROIC/WACC1.06
WACC9.51%
2.3 Liquidity
ASO has a Current Ratio of 1.52. This is a normal value and indicates that ASO is financially healthy and should not expect problems in meeting its short term obligations.
ASO's Current ratio of 1.52 is fine compared to the rest of the industry. ASO outperforms 63.41% of its industry peers.
ASO has a Quick Ratio of 1.52. This is a bad value and indicates that ASO is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ASO (0.29) is worse than 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
ASO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.24%.
ASO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.32% yearly.
The Revenue has decreased by -3.57% in the past year.
ASO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.20% yearly.
EPS 1Y (TTM)-15.24%
EPS 3Y-7.28%
EPS 5Y33.32%
EPS Q2Q%-29.63%
Revenue 1Y (TTM)-3.57%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%-0.94%
3.2 Future
Based on estimates for the next years, ASO will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.68% on average per year.
ASO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.21% yearly.
EPS Next Y-2.88%
EPS Next 2Y4.03%
EPS Next 3Y7.46%
EPS Next 5Y8.68%
Revenue Next Year2.75%
Revenue Next 2Y4.61%
Revenue Next 3Y6.19%
Revenue Next 5Y6.21%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.83, the valuation of ASO can be described as reasonable.
87.80% of the companies in the same industry are more expensive than ASO, based on the Price/Earnings ratio.
ASO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.14.
A Price/Forward Earnings ratio of 8.60 indicates a reasonable valuation of ASO.
91.87% of the companies in the same industry are more expensive than ASO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.80, ASO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.83 | ||
| Fwd PE | 8.6 |
4.2 Price Multiples
81.30% of the companies in the same industry are more expensive than ASO, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ASO is valued cheaper than 81.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.03 | ||
| EV/EBITDA | 6.04 |
4.3 Compensation for Growth
ASO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y4.03%
EPS Next 3Y7.46%
5. Dividend
5.1 Amount
With a yearly dividend of 0.93%, ASO is not a good candidate for dividend investing.
ASO's Dividend Yield is a higher than the industry average which is at 5.66.
Compared to an average S&P500 Dividend Yield of 2.34, ASO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
5.2 History
ASO has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
ASO pays out 8.25% of its income as dividend. This is a sustainable payout ratio.
DP8.25%
EPS Next 2Y4.03%
EPS Next 3Y7.46%
56.33
+2.59 (+4.82%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners115.56%
Inst Owner Change-0.55%
Ins Owners0.87%
Ins Owner Change3.77%
Market Cap3.74B
Analysts75.65
Price Target57.35 (1.81%)
Short Float %10.9%
Short Ratio4.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
Yearly Dividend0.44
Dividend Growth(5Y)N/A
DP8.25%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.05%
Min EPS beat(2)-16.03%
Max EPS beat(2)5.92%
EPS beat(4)1
Avg EPS beat(4)-8.96%
Min EPS beat(4)-24.9%
Max EPS beat(4)5.92%
EPS beat(8)2
Avg EPS beat(8)-7.91%
EPS beat(12)5
Avg EPS beat(12)-4.87%
EPS beat(16)9
Avg EPS beat(16)6.12%
Revenue beat(2)0
Avg Revenue beat(2)-1.69%
Min Revenue beat(2)-2.43%
Max Revenue beat(2)-0.95%
Revenue beat(4)0
Avg Revenue beat(4)-2.52%
Min Revenue beat(4)-4.12%
Max Revenue beat(4)-0.95%
Revenue beat(8)0
Avg Revenue beat(8)-2.24%
Revenue beat(12)0
Avg Revenue beat(12)-2.71%
Revenue beat(16)4
Avg Revenue beat(16)-1.09%
PT rev (1m)3.55%
PT rev (3m)-1.17%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)-0.23%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)-2.49%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)-1.34%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.83 | ||
| Fwd PE | 8.6 | ||
| P/S | 0.63 | ||
| P/FCF | 14.03 | ||
| P/OCF | 7.71 | ||
| P/B | 1.92 | ||
| P/tB | 7.4 | ||
| EV/EBITDA | 6.04 |
EPS(TTM)5.73
EY10.17%
EPS(NY)6.55
Fwd EY11.62%
FCF(TTM)4.01
FCFY7.13%
OCF(TTM)7.31
OCFY12.97%
SpS89.06
BVpS29.29
TBVpS7.61
PEG (NY)N/A
PEG (5Y)0.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.49% | ||
| ROE | 19.93% | ||
| ROCE | 12.9% | ||
| ROIC | 10.07% | ||
| ROICexc | 10.86% | ||
| ROICexgc | 18% | ||
| OM | 8.54% | ||
| PM (TTM) | 6.55% | ||
| GM | 34.03% | ||
| FCFM | 4.51% |
ROA(3y)11.1%
ROA(5y)11%
ROE(3y)28.67%
ROE(5y)31.91%
ROIC(3y)14.39%
ROIC(5y)14.77%
ROICexc(3y)15.79%
ROICexc(5y)16.55%
ROICexgc(3y)27.48%
ROICexgc(5y)30.41%
ROCE(3y)18.44%
ROCE(5y)18.93%
ROICexcg growth 3Y-25.62%
ROICexcg growth 5Y22.03%
ROICexc growth 3Y-21.55%
ROICexc growth 5Y23.06%
OM growth 3Y-12.18%
OM growth 5Y19.57%
PM growth 3Y-10.73%
PM growth 5Y23.2%
GM growth 3Y-0.79%
GM growth 5Y2.73%
F-Score5
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.82 | ||
| Debt/EBITDA | 0.77 | ||
| Cap/Depr | 183.46% | ||
| Cap/Sales | 3.7% | ||
| Interest Coverage | 14.24 | ||
| Cash Conversion | 77.75% | ||
| Profit Quality | 68.77% | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | 2.74 |
F-Score5
WACC9.51%
ROIC/WACC1.06
Cap/Depr(3y)153.11%
Cap/Depr(5y)114.13%
Cap/Sales(3y)2.82%
Cap/Sales(5y)2.06%
Profit Quality(3y)70.66%
Profit Quality(5y)123.03%
High Growth Momentum
Growth
EPS 1Y (TTM)-15.24%
EPS 3Y-7.28%
EPS 5Y33.32%
EPS Q2Q%-29.63%
EPS Next Y-2.88%
EPS Next 2Y4.03%
EPS Next 3Y7.46%
EPS Next 5Y8.68%
Revenue 1Y (TTM)-3.57%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%-0.94%
Revenue Next Year2.75%
Revenue Next 2Y4.61%
Revenue Next 3Y6.19%
Revenue Next 5Y6.21%
EBIT growth 1Y-22.71%
EBIT growth 3Y-15.97%
EBIT growth 5Y24.59%
EBIT Next Year15.1%
EBIT Next 3Y10.22%
EBIT Next 5Y10.72%
FCF growth 1Y-28.83%
FCF growth 3Y-18.13%
FCF growth 5Y10.28%
OCF growth 1Y-4.17%
OCF growth 3Y-7.78%
OCF growth 5Y14.9%