ASSYSTEM (ASY.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ASY - FR0000074148 - Common Stock
41.6 EUR
+0.05 (+0.12%)
Taking everything into account, ASY scores 3 out of 10 in our fundamental rating. ASY was compared to 33 industry peers in the Professional Services industry. ASY scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ASY is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
ASY had positive earnings in the past year.
ASY had a positive operating cash flow in the past year.
Of the past 5 years ASY 4 years were profitable.
Each year in the past 5 years ASY had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.16%, ASY is not doing good in the industry: 69.70% of the companies in the same industry are doing better.
ASY's Return On Equity of 2.76% is on the low side compared to the rest of the industry. ASY is outperformed by 69.70% of its industry peers.
ASY has a worse Return On Invested Capital (0.79%) than 78.79% of its industry peers.
ASY had an Average Return On Invested Capital over the past 3 years of 4.09%. This is significantly below the industry average of 11.10%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 2.76% | ||
| ROIC | 0.79% |
ROA(3y)6.75%
ROA(5y)4.3%
ROE(3y)12.09%
ROE(5y)7.77%
ROIC(3y)4.09%
ROIC(5y)3.9%
1.3 Margins
With a Profit Margin value of 1.22%, ASY is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
ASY's Profit Margin has declined in the last couple of years.
ASY has a Operating Margin of 0.72%. This is in the lower half of the industry: ASY underperforms 78.79% of its industry peers.
ASY's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.72% | ||
| PM (TTM) | 1.22% | ||
| GM | N/A |
OM growth 3Y-18.06%
OM growth 5Y-12.7%
PM growth 3Y-43.9%
PM growth 5Y-24.23%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASY is destroying value.
Compared to 1 year ago, ASY has less shares outstanding
The number of shares outstanding for ASY has been reduced compared to 5 years ago.
ASY has a worse debt/assets ratio than last year.
2.2 Solvency
ASY has an Altman-Z score of 2.58. This is not the best score and indicates that ASY is in the grey zone with still only limited risk for bankruptcy at the moment.
ASY's Altman-Z score of 2.58 is in line compared to the rest of the industry. ASY outperforms 48.48% of its industry peers.
The Debt to FCF ratio of ASY is 3.92, which is a good value as it means it would take ASY, 3.92 years of fcf income to pay off all of its debts.
ASY has a Debt to FCF ratio of 3.92. This is in the better half of the industry: ASY outperforms 60.61% of its industry peers.
ASY has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ASY (0.47) is better than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.92 | ||
| Altman-Z | 2.58 |
ROIC/WACC0.11
WACC7.43%
2.3 Liquidity
A Current Ratio of 1.16 indicates that ASY should not have too much problems paying its short term obligations.
ASY has a Current ratio (1.16) which is in line with its industry peers.
ASY has a Quick Ratio of 1.16. This is a normal value and indicates that ASY is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of ASY (1.16) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The earnings per share for ASY have decreased strongly by -91.06% in the last year.
Measured over the past years, ASY shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -21.05% on average per year.
Looking at the last year, ASY shows a small growth in Revenue. The Revenue has grown by 6.71% in the last year.
ASY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.24% yearly.
EPS 1Y (TTM)-91.06%
EPS 3Y-38.13%
EPS 5Y-21.05%
EPS Q2Q%-6.76%
Revenue 1Y (TTM)6.71%
Revenue growth 3Y11.19%
Revenue growth 5Y4.24%
Sales Q2Q%8.33%
3.2 Future
The Earnings Per Share is expected to grow by 28.09% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 5.85% on average over the next years.
EPS Next Y21.38%
EPS Next 2Y37.77%
EPS Next 3Y28.09%
EPS Next 5YN/A
Revenue Next Year8.65%
Revenue Next 2Y6.41%
Revenue Next 3Y5.85%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 80.00, the valuation of ASY can be described as expensive.
72.73% of the companies in the same industry are cheaper than ASY, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.50, ASY is valued quite expensively.
The Price/Forward Earnings ratio is 14.25, which indicates a correct valuation of ASY.
Based on the Price/Forward Earnings ratio, ASY is valued a bit cheaper than 66.67% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.93. ASY is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80 | ||
| Fwd PE | 14.25 |
4.2 Price Multiples
75.76% of the companies in the same industry are cheaper than ASY, based on the Enterprise Value to EBITDA ratio.
ASY's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.52 | ||
| EV/EBITDA | 36.08 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ASY does not grow enough to justify the current Price/Earnings ratio.
ASY's earnings are expected to grow with 28.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.74
PEG (5Y)N/A
EPS Next 2Y37.77%
EPS Next 3Y28.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.39%, ASY has a reasonable but not impressive dividend return.
ASY's Dividend Yield is a higher than the industry average which is at 2.41.
ASY's Dividend Yield is a higher than the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
5.2 History
On average, the dividend of ASY grows each year by 62.08%, which is quite nice.
Dividend Growth(5Y)62.08%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
ASY pays out 1051.28% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ASY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP1051.28%
EPS Next 2Y37.77%
EPS Next 3Y28.09%
EPA:ASY (12/24/2025, 1:54:09 PM)
41.6
+0.05 (+0.12%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners13.54%
Inst Owner ChangeN/A
Ins Owners59.17%
Ins Owner ChangeN/A
Market Cap651.87M
Revenue(TTM)637.40M
Net Income(TTM)7.80M
Analysts80
Price Target49.57 (19.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
Yearly Dividend12.83
Dividend Growth(5Y)62.08%
DP1051.28%
Div Incr Years1
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)0%
PT rev (3m)4.79%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-8.06%
EPS NY rev (3m)-29.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80 | ||
| Fwd PE | 14.25 | ||
| P/S | 1.02 | ||
| P/FCF | 17.52 | ||
| P/OCF | 15.71 | ||
| P/B | 2.31 | ||
| P/tB | 5.07 | ||
| EV/EBITDA | 36.08 |
EPS(TTM)0.52
EY1.25%
EPS(NY)2.92
Fwd EY7.02%
FCF(TTM)2.37
FCFY5.71%
OCF(TTM)2.65
OCFY6.37%
SpS40.68
BVpS18
TBVpS8.2
PEG (NY)3.74
PEG (5Y)N/A
Graham Number14.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 2.76% | ||
| ROCE | 1.03% | ||
| ROIC | 0.79% | ||
| ROICexc | 0.84% | ||
| ROICexgc | 1.32% | ||
| OM | 0.72% | ||
| PM (TTM) | 1.22% | ||
| GM | N/A | ||
| FCFM | 5.84% |
ROA(3y)6.75%
ROA(5y)4.3%
ROE(3y)12.09%
ROE(5y)7.77%
ROIC(3y)4.09%
ROIC(5y)3.9%
ROICexc(3y)4.36%
ROICexc(5y)4.24%
ROICexgc(3y)6.04%
ROICexgc(5y)5.71%
ROCE(3y)5.31%
ROCE(5y)5.07%
ROICexgc growth 3Y4.91%
ROICexgc growth 5Y0.65%
ROICexc growth 3Y-2.23%
ROICexc growth 5Y-4%
OM growth 3Y-18.06%
OM growth 5Y-12.7%
PM growth 3Y-43.9%
PM growth 5Y-24.23%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.92 | ||
| Debt/EBITDA | 6.26 | ||
| Cap/Depr | 25.6% | ||
| Cap/Sales | 0.67% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 193.93% | ||
| Profit Quality | 476.92% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 2.58 |
F-Score6
WACC7.43%
ROIC/WACC0.11
Cap/Depr(3y)25.53%
Cap/Depr(5y)34.68%
Cap/Sales(3y)0.81%
Cap/Sales(5y)1.11%
Profit Quality(3y)167.98%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-91.06%
EPS 3Y-38.13%
EPS 5Y-21.05%
EPS Q2Q%-6.76%
EPS Next Y21.38%
EPS Next 2Y37.77%
EPS Next 3Y28.09%
EPS Next 5YN/A
Revenue 1Y (TTM)6.71%
Revenue growth 3Y11.19%
Revenue growth 5Y4.24%
Sales Q2Q%8.33%
Revenue Next Year8.65%
Revenue Next 2Y6.41%
Revenue Next 3Y5.85%
Revenue Next 5YN/A
EBIT growth 1Y-86.82%
EBIT growth 3Y-8.89%
EBIT growth 5Y-9%
EBIT Next Year85.12%
EBIT Next 3Y27.44%
EBIT Next 5YN/A
FCF growth 1Y173.53%
FCF growth 3Y65.42%
FCF growth 5Y5.76%
OCF growth 1Y117.28%
OCF growth 3Y44.6%
OCF growth 5Y-1.47%
ASSYSTEM / ASY.PA FAQ
What is the ChartMill fundamental rating of ASSYSTEM (ASY.PA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to ASY.PA.
Can you provide the valuation status for ASSYSTEM?
ChartMill assigns a valuation rating of 2 / 10 to ASSYSTEM (ASY.PA). This can be considered as Overvalued.
How profitable is ASSYSTEM (ASY.PA) stock?
ASSYSTEM (ASY.PA) has a profitability rating of 2 / 10.
What are the PE and PB ratios of ASSYSTEM (ASY.PA) stock?
The Price/Earnings (PE) ratio for ASSYSTEM (ASY.PA) is 80 and the Price/Book (PB) ratio is 2.31.
Can you provide the dividend sustainability for ASY stock?
The dividend rating of ASSYSTEM (ASY.PA) is 4 / 10 and the dividend payout ratio is 1051.28%.