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 120 industry peers in the Specialty Retail industry. ASO has an excellent profitability rating, 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. With these ratings, ASO could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
ASO had positive earnings in the past year.
ASO had a positive operating cash flow in the past year.
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
ASO has a Return On Assets of 8.54%. This is in the better half of the industry: ASO outperforms 78.33% of its industry peers.
With a decent Return On Equity value of 20.88%, ASO is doing good in the industry, outperforming 77.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.67%, ASO is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ASO is in line with the industry average of 13.32%.
| 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
ASO has a better Profit Margin (7.05%) than 82.50% of its industry peers.
ASO's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 9.08%, ASO belongs to the top of the industry, outperforming 81.67% of the companies in the same industry.
ASO's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 33.90%, ASO is in line with its industry, outperforming 43.33% 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 | 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
ASO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for ASO has been reduced compared to 1 year ago.
ASO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ASO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.88 indicates that ASO is not a great score, but indicates only limited risk for bankruptcy at the moment.
ASO has a Altman-Z score of 2.88. This is in the better half of the industry: ASO outperforms 67.50% 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.
Looking at the Debt to FCF ratio, with a value of 1.48, ASO is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
ASO has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.24, ASO is doing good in the industry, outperforming 60.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | 2.88 |
ROIC/WACC1.11
WACC9.61%
2.3 Liquidity
ASO has a Current Ratio of 1.78. 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 Current ratio of 1.78. This is in the better half of the industry: ASO outperforms 75.83% of its industry peers.
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's Quick ratio of 0.42 is on the low side compared to the rest of the industry. ASO is outperformed by 60.00% 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 -15.24% 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.
Looking at the last year, ASO shows a decrease in Revenue. The Revenue has decreased by -3.67% in the last 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)-3.67%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%-0.94%
3.2 Future
The Earnings Per Share is expected to grow by 7.17% on average over the next years.
Based on estimates for the next years, ASO will show a small growth in Revenue. The Revenue will grow by 5.62% on average per year.
EPS Next Y-0.4%
EPS Next 2Y4.89%
EPS Next 3Y8.07%
EPS Next 5Y7.17%
Revenue Next Year3.52%
Revenue Next 2Y5.01%
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
Based on the Price/Earnings ratio of 7.89, the valuation of ASO can be described as very cheap.
Based on the Price/Earnings ratio, ASO is valued cheaper than 90.00% of the companies in the same industry.
ASO is valuated cheaply when we compare the Price/Earnings ratio to 26.55, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.79, the valuation of ASO can be described as very cheap.
Based on the Price/Forward Earnings ratio, ASO is valued cheaper than 88.33% of the companies in the same industry.
ASO is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.40, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.89 | ||
| Fwd PE | 6.79 |
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 81.67% of the companies listed in the same industry.
ASO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASO is cheaper than 82.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.18 | ||
| EV/EBITDA | 4.88 |
4.3 Compensation for Growth
The decent profitability rating of ASO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.24
EPS Next 2Y4.89%
EPS Next 3Y8.07%
5. Dividend
5.1 Amount
ASO has a Yearly Dividend Yield of 1.08%.
ASO's Dividend Yield is a higher than the industry average which is at 5.18.
With a Dividend Yield of 1.08, ASO pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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 7.52% of its income as dividend. This is a sustainable payout ratio.
DP7.52%
EPS Next 2Y4.89%
EPS Next 3Y8.07%
45.22
+0.62 (+1.39%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners112.73%
Inst Owner Change-2.45%
Ins Owners0.9%
Ins Owner Change4.36%
Market Cap3.01B
Analysts75.65
Price Target56.76 (25.52%)
Short Float %10.82%
Short Ratio3.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
Yearly Dividend0.44
Dividend Growth(5Y)N/A
DP7.52%
Div Incr Years2
Div Non Decr Years2
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)-2.66%
PT rev (3m)-12.21%
EPS NQ rev (1m)-0.68%
EPS NQ rev (3m)-21.83%
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%
Revenue NY rev (3m)-2.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.89 | ||
| Fwd PE | 6.79 | ||
| P/S | 0.51 | ||
| P/FCF | 9.18 | ||
| P/OCF | 5.7 | ||
| P/B | 1.5 | ||
| P/tB | 5.34 | ||
| EV/EBITDA | 4.88 |
EPS(TTM)5.73
EY12.67%
EPS(NY)6.66
Fwd EY14.72%
FCF(TTM)4.93
FCFY10.89%
OCF(TTM)7.94
OCFY17.55%
SpS89.18
BVpS30.12
TBVpS8.46
PEG (NY)N/A
PEG (5Y)0.24
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 | 2.88 |
F-Score5
WACC9.61%
ROIC/WACC1.11
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-0.4%
EPS Next 2Y4.89%
EPS Next 3Y8.07%
EPS Next 5Y7.17%
Revenue 1Y (TTM)-3.67%
Revenue growth 3Y-4.32%
Revenue growth 5Y4.2%
Sales Q2Q%-0.94%
Revenue Next Year3.52%
Revenue Next 2Y5.01%
Revenue Next 3Y6.66%
Revenue Next 5Y5.62%
EBIT growth 1Y-20.54%
EBIT growth 3Y-15.97%
EBIT growth 5Y24.59%
EBIT Next Year16.58%
EBIT Next 3Y10.08%
EBIT Next 5Y8.56%
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%