ACADEMY SPORTS & OUTDOORS IN (ASO) Stock Fundamental Analysis
NASDAQ:ASO - Nasdaq - US00402L1070 - Common Stock - Currency: USD
Overall ASO gets a fundamental rating of 6 out of 10. We evaluated ASO against 121 industry peers in the Specialty Retail industry. ASO scores excellent on profitability, but 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
In the past year ASO was profitable.
ASO had a positive operating cash flow in the past year.
Each year in the past 5 years ASO has been profitable.
Each year in the past 5 years ASO had a positive operating cash flow.
1.2 Ratios
ASO has a Return On Assets of 8.54%. This is in the better half of the industry: ASO outperforms 79.34% of its industry peers.
The Return On Equity of ASO (20.88%) is better than 78.51% of its industry peers.
ASO has a better Return On Invested Capital (10.67%) than 73.55% of its industry peers.
ASO had an Average Return On Invested Capital over the past 3 years of 14.39%. This is in line with the industry average of 12.74%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.54% | ||
| ROE | 20.88% | ||
| ROIC | 10.67% |
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
With an excellent Profit Margin value of 7.05%, ASO belongs to the best of the industry, outperforming 82.64% of the companies in the same industry.
ASO's Profit Margin has improved in the last couple of years.
ASO's Operating Margin of 9.08% is amongst the best of the industry. ASO outperforms 81.82% of its industry peers.
In the last couple of years the Operating Margin of ASO has grown nicely.
ASO has a Gross Margin (33.90%) 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 | 9.08% | ||
| PM (TTM) | 7.05% | ||
| GM | 33.9% |
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.
Compared to 5 years ago, ASO has less shares outstanding
Compared to 1 year ago, ASO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.87 indicates that ASO is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of ASO (2.87) is better than 63.64% of its industry peers.
ASO has a debt to FCF ratio of 1.48. This is a very positive value and a sign of high solvency as it would only need 1.48 years to pay back of all of its debts.
ASO's Debt to FCF ratio of 1.48 is fine compared to the rest of the industry. ASO outperforms 73.55% of its industry peers.
A Debt/Equity ratio of 0.24 indicates that ASO is not too dependend on debt financing.
ASO has a Debt to Equity ratio (0.24) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | 2.87 |
ROIC/WACC1.09
WACC9.81%
2.3 Liquidity
A Current Ratio of 1.78 indicates that ASO should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.78, ASO is doing good in the industry, outperforming 74.38% of the companies in the same industry.
ASO has a Quick Ratio of 1.78. 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 worse Quick ratio (0.42) than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.78 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
The earnings per share for ASO have decreased strongly by -13.32% in the last year.
ASO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.32% yearly.
ASO shows a decrease in Revenue. In the last year, the revenue decreased by -3.67%.
The Revenue has been growing slightly by 4.20% on average over the past years.
EPS 1Y (TTM)-13.32%
EPS 3Y-7.28%
EPS 5Y33.32%
EPS Q2Q%-11.31%
Revenue 1Y (TTM)-3.67%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%-6.57%
3.2 Future
ASO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.17% yearly.
The Revenue is expected to grow by 5.62% on average over the next years.
EPS Next Y-0.4%
EPS Next 2Y4.89%
EPS Next 3Y7.28%
EPS Next 5Y7.17%
Revenue Next Year3.52%
Revenue Next 2Y5%
Revenue Next 3Y6.66%
Revenue Next 5Y5.62%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.01 indicates a rather cheap valuation of ASO.
Based on the Price/Earnings ratio, ASO is valued cheaper than 90.91% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.03. ASO is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.03, which indicates a rather cheap valuation of ASO.
ASO's Price/Forward Earnings ratio is rather cheap when compared to the industry. ASO is cheaper than 91.74% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.94. ASO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.01 | ||
| Fwd PE | 7.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASO indicates a rather cheap valuation: ASO is cheaper than 83.47% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ASO is valued cheaply inside the industry as 85.12% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.61 | ||
| EV/EBITDA | 4.82 |
4.3 Compensation for Growth
ASO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.21
EPS Next 2Y4.89%
EPS Next 3Y7.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.01%, ASO has a reasonable but not impressive dividend return.
ASO's Dividend Yield is a higher than the industry average which is at 5.10.
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 | 1.01% |
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 Years1
Div Non Decr Years1
5.3 Sustainability
ASO pays out 7.52% of its income as dividend. This is a sustainable payout ratio.
DP7.52%
EPS Next 2Y4.89%
EPS Next 3Y7.28%
42.39
-2.27 (-5.08%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners112.73%
Inst Owner Change-2.4%
Ins Owners0.9%
Ins Owner Change3.24%
Market Cap2.82B
Analysts76.67
Price Target58.03 (36.9%)
Short Float %11.21%
Short Ratio3.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
Yearly Dividend0.44
Dividend Growth(5Y)N/A
DP7.52%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.49%
Min EPS beat(2)-24.9%
Max EPS beat(2)5.92%
EPS beat(4)1
Avg EPS beat(4)-7.99%
Min EPS beat(4)-24.9%
Max EPS beat(4)5.92%
EPS beat(8)2
Avg EPS beat(8)-8.64%
EPS beat(12)6
Avg EPS beat(12)-1.74%
EPS beat(16)10
Avg EPS beat(16)14.8%
Revenue beat(2)0
Avg Revenue beat(2)-2.53%
Min Revenue beat(2)-4.12%
Max Revenue beat(2)-0.95%
Revenue beat(4)0
Avg Revenue beat(4)-2.38%
Min Revenue beat(4)-4.12%
Max Revenue beat(4)-0.95%
Revenue beat(8)0
Avg Revenue beat(8)-2.52%
Revenue beat(12)1
Avg Revenue beat(12)-2.46%
Revenue beat(16)5
Avg Revenue beat(16)-0.74%
PT rev (1m)-4.03%
PT rev (3m)-10.25%
EPS NQ rev (1m)-0.8%
EPS NQ rev (3m)-22.02%
EPS NY rev (1m)-0.69%
EPS NY rev (3m)-8.9%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)-2.6%
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)-2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.01 | ||
| Fwd PE | 7.03 | ||
| P/S | 0.48 | ||
| P/FCF | 8.61 | ||
| P/OCF | 5.34 | ||
| P/B | 1.41 | ||
| P/tB | 5.01 | ||
| EV/EBITDA | 4.82 |
EPS(TTM)6.05
EY14.27%
EPS(NY)6.03
Fwd EY14.22%
FCF(TTM)4.93
FCFY11.62%
OCF(TTM)7.94
OCFY18.72%
SpS89.18
BVpS30.12
TBVpS8.46
PEG (NY)N/A
PEG (5Y)0.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.54% | ||
| ROE | 20.88% | ||
| ROCE | 13.67% | ||
| ROIC | 10.67% | ||
| ROICexc | 11.51% | ||
| ROICexgc | 19.01% | ||
| OM | 9.08% | ||
| PM (TTM) | 7.05% | ||
| GM | 33.9% | ||
| FCFM | 5.52% |
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 Turnover1.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.48 | ||
| Debt/EBITDA | 0.73 | ||
| Cap/Depr | 169.7% | ||
| Cap/Sales | 3.38% | ||
| Interest Coverage | 15.44 | ||
| Cash Conversion | 80.41% | ||
| Profit Quality | 78.32% | ||
| Current Ratio | 1.78 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 2.87 |
F-Score5
WACC9.81%
ROIC/WACC1.09
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)-13.32%
EPS 3Y-7.28%
EPS 5Y33.32%
EPS Q2Q%-11.31%
EPS Next Y-0.4%
EPS Next 2Y4.89%
EPS Next 3Y7.28%
EPS Next 5Y7.17%
Revenue 1Y (TTM)-3.67%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%-6.57%
Revenue Next Year3.52%
Revenue Next 2Y5%
Revenue Next 3Y6.66%
Revenue Next 5Y5.62%
EBIT growth 1Y-20.54%
EBIT growth 3Y-15.97%
EBIT growth 5Y24.59%
EBIT Next Year19.01%
EBIT Next 3Y11.3%
EBIT Next 5YN/A
FCF growth 1Y0.07%
FCF growth 3Y-18.13%
FCF growth 5Y10.28%
OCF growth 1Y-1.44%
OCF growth 3Y-7.78%
OCF growth 5Y14.9%