ACADEMY SPORTS & OUTDOORS IN (ASO) Stock Fundamental Analysis
USA - NASDAQ:ASO - US00402L1070 - Common Stock
51.54 USD
-1.17 (-2.22%)
51.54 USD
0 (0%)
Overall ASO gets a fundamental rating of 6 out of 10. We evaluated ASO against 120 industry peers in the Specialty Retail industry. ASO scores excellent on profitability, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ASO. This makes ASO very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year ASO was profitable.
In the past year ASO had a positive cash flow from operations.
ASO had positive earnings in each of the past 5 years.
In the past 5 years ASO always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 7.03%, ASO is doing good in the industry, outperforming 78.33% of the companies in the same industry.
Looking at the Return On Equity, with a value of 17.87%, ASO is in the better half of the industry, outperforming 77.50% of the companies in the same industry.
With a decent Return On Invested Capital value of 9.36%, ASO is doing good in the industry, outperforming 73.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ASO is above the industry average of 12.17%.
The 3 year average ROIC (14.39%) for ASO is well above the current ROIC(9.36%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 17.87% | ||
| ROIC | 9.36% |
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 better Profit Margin (6.21%) than 80.83% of its industry peers.
In the last couple of years the Profit Margin of ASO has grown nicely.
ASO's Operating Margin of 8.17% is fine compared to the rest of the industry. ASO outperforms 78.33% of its industry peers.
ASO's Operating Margin has improved in the last couple of years.
ASO has a Gross Margin (34.04%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ASO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.17% | ||
| PM (TTM) | 6.21% | ||
| GM | 34.04% |
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.
Compared to 1 year ago, ASO has less shares outstanding
Compared to 5 years ago, ASO has less shares outstanding
ASO has a better debt/assets ratio than last year.
2.2 Solvency
ASO has an Altman-Z score of 2.75. This is not the best score and indicates that ASO is in the grey zone with still only limited risk for bankruptcy at the moment.
ASO has a better Altman-Z score (2.75) than 62.50% of its industry peers.
The Debt to FCF ratio of ASO is 2.03, which is a good value as it means it would take ASO, 2.03 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ASO (2.03) is better than 75.00% of its industry peers.
ASO has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.23, ASO is in the better half of the industry, outperforming 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.03 | ||
| Altman-Z | 2.75 |
ROIC/WACC0.99
WACC9.45%
2.3 Liquidity
ASO has a Current Ratio of 1.64. This is a normal value and indicates that ASO is financially healthy and should not expect problems in meeting its short term obligations.
ASO has a better Current ratio (1.64) than 72.50% of its industry peers.
ASO has a Quick Ratio of 1.64. This is a bad value and indicates that ASO is not financially healthy enough and could expect problems in meeting its short term obligations.
ASO has a Quick ratio of 0.33. This is in the lower half of the industry: ASO underperforms 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
The earnings per share for ASO have decreased strongly by -15.82% in the last year.
The Earnings Per Share has been growing by 33.32% on average over the past years. This is a very strong growth
ASO shows a decrease in Revenue. In the last year, the revenue decreased by -2.20%.
ASO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.20% yearly.
EPS 1Y (TTM)-15.82%
EPS 3Y-7.28%
EPS 5Y33.32%
EPS Q2Q%-4.43%
Revenue 1Y (TTM)-2.2%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%3.28%
3.2 Future
ASO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.55% yearly.
Based on estimates for the next years, ASO will show a small growth in Revenue. The Revenue will grow by 5.66% on average per year.
EPS Next Y-3.65%
EPS Next 2Y3.58%
EPS Next 3Y6.3%
EPS Next 5Y9.55%
Revenue Next Year3.02%
Revenue Next 2Y4.66%
Revenue Next 3Y5.96%
Revenue Next 5Y5.66%
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
A Price/Earnings ratio of 9.14 indicates a reasonable valuation of ASO.
88.33% of the companies in the same industry are more expensive than ASO, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of ASO to the average of the S&P500 Index (27.40), we can say ASO is valued rather cheaply.
The Price/Forward Earnings ratio is 7.94, which indicates a rather cheap valuation of ASO.
Based on the Price/Forward Earnings ratio, ASO is valued cheaper than 90.83% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.94. ASO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.14 | ||
| Fwd PE | 7.94 |
4.2 Price Multiples
79.17% of the companies in the same industry are more expensive than ASO, based on the Enterprise Value to EBITDA ratio.
80.00% of the companies in the same industry are more expensive than ASO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.39 | ||
| EV/EBITDA | 6.07 |
4.3 Compensation for Growth
ASO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.27
EPS Next 2Y3.58%
EPS Next 3Y6.3%
5. Dividend
5.1 Amount
ASO has a yearly dividend return of 0.95%, which is pretty low.
Compared to an average industry Dividend Yield of 5.54, ASO pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, ASO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
5.2 History
ASO has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
8.82% of the earnings are spent on dividend by ASO. This is a low number and sustainable payout ratio.
DP8.82%
EPS Next 2Y3.58%
EPS Next 3Y6.3%
51.54
-1.17 (-2.22%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners113.36%
Inst Owner Change0%
Ins Owners0.66%
Ins Owner Change1.94%
Market Cap3.43B
Analysts74.4
Price Target59.16 (14.78%)
Short Float %9.84%
Short Ratio4.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.95% |
Yearly Dividend0.44
Dividend Growth(5Y)N/A
DP8.82%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.47%
Min EPS beat(2)-16.03%
Max EPS beat(2)-10.91%
EPS beat(4)1
Avg EPS beat(4)-11.48%
Min EPS beat(4)-24.9%
Max EPS beat(4)5.92%
EPS beat(8)1
Avg EPS beat(8)-9.75%
EPS beat(12)4
Avg EPS beat(12)-6.63%
EPS beat(16)8
Avg EPS beat(16)1.47%
Revenue beat(2)0
Avg Revenue beat(2)-1.99%
Min Revenue beat(2)-2.43%
Max Revenue beat(2)-1.55%
Revenue beat(4)0
Avg Revenue beat(4)-2.26%
Min Revenue beat(4)-4.12%
Max Revenue beat(4)-0.95%
Revenue beat(8)0
Avg Revenue beat(8)-2.34%
Revenue beat(12)0
Avg Revenue beat(12)-2.68%
Revenue beat(16)3
Avg Revenue beat(16)-1.62%
PT rev (1m)1.26%
PT rev (3m)7.41%
EPS NQ rev (1m)1.33%
EPS NQ rev (3m)1.79%
EPS NY rev (1m)-0.79%
EPS NY rev (3m)-0.86%
Revenue NQ rev (1m)-0.42%
Revenue NQ rev (3m)0.5%
Revenue NY rev (1m)-0.88%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.14 | ||
| Fwd PE | 7.94 | ||
| P/S | 0.58 | ||
| P/FCF | 14.39 | ||
| P/OCF | 7.26 | ||
| P/B | 1.65 | ||
| P/tB | 5.42 | ||
| EV/EBITDA | 6.07 |
EPS(TTM)5.64
EY10.94%
EPS(NY)6.49
Fwd EY12.59%
FCF(TTM)3.58
FCFY6.95%
OCF(TTM)7.1
OCFY13.78%
SpS89.62
BVpS31.14
TBVpS9.51
PEG (NY)N/A
PEG (5Y)0.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 17.87% | ||
| ROCE | 12% | ||
| ROIC | 9.36% | ||
| ROICexc | 10.11% | ||
| ROICexgc | 16.39% | ||
| OM | 8.17% | ||
| PM (TTM) | 6.21% | ||
| GM | 34.04% | ||
| FCFM | 4% |
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 Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.03 | ||
| Debt/EBITDA | 0.79 | ||
| Cap/Depr | 193.07% | ||
| Cap/Sales | 3.93% | ||
| Interest Coverage | 13.74 | ||
| Cash Conversion | 77.65% | ||
| Profit Quality | 64.32% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z | 2.75 |
F-Score5
WACC9.45%
ROIC/WACC0.99
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)-15.82%
EPS 3Y-7.28%
EPS 5Y33.32%
EPS Q2Q%-4.43%
EPS Next Y-3.65%
EPS Next 2Y3.58%
EPS Next 3Y6.3%
EPS Next 5Y9.55%
Revenue 1Y (TTM)-2.2%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%3.28%
Revenue Next Year3.02%
Revenue Next 2Y4.66%
Revenue Next 3Y5.96%
Revenue Next 5Y5.66%
EBIT growth 1Y-22.96%
EBIT growth 3Y-15.97%
EBIT growth 5Y24.59%
EBIT Next Year14.8%
EBIT Next 3Y9.9%
EBIT Next 5Y10.18%
FCF growth 1Y-34.9%
FCF growth 3Y-18.13%
FCF growth 5Y10.28%
OCF growth 1Y-11.93%
OCF growth 3Y-7.78%
OCF growth 5Y14.9%