ASSYSTEM (ASY.PA) Stock Fundamental Analysis
Europe - EPA:ASY - FR0000074148 - Common Stock
40.35 EUR
-0.55 (-1.34%)
Taking everything into account, ASY scores 4 out of 10 in our fundamental rating. ASY was compared to 32 industry peers in the Professional Services industry. While ASY seems to be doing ok healthwise, there are quite some concerns on its profitability. While showing a medium growth rate, ASY is valued expensive at the moment.
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.
ASY had positive earnings in 4 of the past 5 years.
In the past 5 years ASY always reported a positive cash flow from operatings.
1.2 Ratios
ASY has a worse Return On Assets (1.16%) than 64.52% of its industry peers.
The Return On Equity of ASY (2.76%) is worse than 64.52% of its industry peers.
With a Return On Invested Capital value of 0.86%, ASY is not doing good in the industry: 74.19% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for ASY is significantly below the industry average of 10.81%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 2.76% | ||
| ROIC | 0.86% |
ROA(3y)6.75%
ROA(5y)4.3%
ROE(3y)12.09%
ROE(5y)7.77%
ROIC(3y)4.12%
ROIC(5y)3.93%
1.3 Margins
ASY has a worse Profit Margin (1.22%) than 61.29% of its industry peers.
In the last couple of years the Profit Margin of ASY has declined.
With a Operating Margin value of 0.78%, ASY is not doing good in the industry: 74.19% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of ASY has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.78% | ||
| PM (TTM) | 1.22% | ||
| GM | N/A |
OM growth 3Y-17.68%
OM growth 5Y-12.46%
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
ASY has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ASY is higher compared to a year ago.
2.2 Solvency
ASY has an Altman-Z score of 2.55. 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 has a Altman-Z score (2.55) which is comparable to the rest of the industry.
ASY has a debt to FCF ratio of 3.91. This is a good value and a sign of high solvency as ASY would need 3.91 years to pay back of all of its debts.
ASY's Debt to FCF ratio of 3.91 is fine compared to the rest of the industry. ASY outperforms 61.29% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that ASY is not too dependend on debt financing.
The Debt to Equity ratio of ASY (0.47) is better than 61.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.55 |
ROIC/WACC0.12
WACC7.47%
2.3 Liquidity
ASY has a Current 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 Current ratio of ASY (1.16) is comparable to the rest of the industry.
A Quick Ratio of 1.16 indicates that ASY should not have too much problems paying its short term obligations.
ASY has a better Quick ratio (1.16) than 61.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
ASY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -91.13%.
Measured over the past years, ASY shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -21.02% 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.
The Revenue has been growing slightly by 4.24% on average over the past years.
EPS 1Y (TTM)-91.13%
EPS 3Y-38.1%
EPS 5Y-21.02%
EPS Q2Q%-7.84%
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 28.26% 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 Y32.02%
EPS Next 2Y36.58%
EPS Next 3Y28.26%
EPS Next 5YN/A
Revenue Next Year8.65%
Revenue Next 2Y6.41%
Revenue Next 3Y5.85%
Revenue Next 5YN/A
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 accelerating.
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
With a Price/Earnings ratio of 77.60, ASY can be considered very expensive at the moment.
70.97% of the companies in the same industry are cheaper than ASY, based on the Price/Earnings ratio.
ASY's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.06.
With a Price/Forward Earnings ratio of 14.07, ASY is valued correctly.
Based on the Price/Forward Earnings ratio, ASY is valued a bit cheaper than 64.52% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.73, ASY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 77.6 | ||
| Fwd PE | 14.07 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASY is valued a bit more expensive than the industry average as 74.19% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as ASY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.91 | ||
| EV/EBITDA | 34.83 |
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 28.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.42
PEG (5Y)N/A
EPS Next 2Y36.58%
EPS Next 3Y28.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.44%, ASY has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.35, ASY pays a bit more dividend than its industry peers.
ASY's Dividend Yield is comparable with the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
5.2 History
On average, the dividend of ASY grows each year by 61.63%, which is quite nice.
Dividend Growth(5Y)61.63%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
ASY pays out 1043.59% of its income as dividend. This is not a sustainable payout ratio.
ASY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP1043.59%
EPS Next 2Y36.58%
EPS Next 3Y28.26%
EPA:ASY (11/7/2025, 7:00:00 PM)
40.35
-0.55 (-1.34%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners14.94%
Inst Owner ChangeN/A
Ins Owners58.02%
Ins Owner ChangeN/A
Market Cap632.28M
Revenue(TTM)637.40M
Net Income(TTM)7.80M
Analysts80
Price Target49.57 (22.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
Yearly Dividend12.65
Dividend Growth(5Y)61.63%
DP1043.59%
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)3.01%
PT rev (3m)18.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-20.47%
EPS NY rev (3m)1.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.38%
Revenue NY rev (3m)0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 77.6 | ||
| Fwd PE | 14.07 | ||
| P/S | 0.99 | ||
| P/FCF | 16.91 | ||
| P/OCF | 15.16 | ||
| P/B | 2.24 | ||
| P/tB | 4.91 | ||
| EV/EBITDA | 34.83 |
EPS(TTM)0.52
EY1.29%
EPS(NY)2.87
Fwd EY7.11%
FCF(TTM)2.39
FCFY5.92%
OCF(TTM)2.66
OCFY6.6%
SpS40.68
BVpS18.03
TBVpS8.21
PEG (NY)2.42
PEG (5Y)N/A
Graham Number14.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 2.76% | ||
| ROCE | 1.12% | ||
| ROIC | 0.86% | ||
| ROICexc | 0.92% | ||
| ROICexgc | 1.45% | ||
| OM | 0.78% | ||
| PM (TTM) | 1.22% | ||
| GM | N/A | ||
| FCFM | 5.87% |
ROA(3y)6.75%
ROA(5y)4.3%
ROE(3y)12.09%
ROE(5y)7.77%
ROIC(3y)4.12%
ROIC(5y)3.93%
ROICexc(3y)4.39%
ROICexc(5y)4.27%
ROICexgc(3y)6.1%
ROICexgc(5y)5.75%
ROCE(3y)5.34%
ROCE(5y)5.09%
ROICexgc growth 3Y5.54%
ROICexgc growth 5Y1.01%
ROICexc growth 3Y-1.72%
ROICexc growth 5Y-3.7%
OM growth 3Y-17.68%
OM growth 5Y-12.46%
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 | 3.91 | ||
| Debt/EBITDA | 6.19 | ||
| Cap/Depr | 25.9% | ||
| Cap/Sales | 0.67% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 193.06% | ||
| Profit Quality | 479.49% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 2.55 |
F-Score6
WACC7.47%
ROIC/WACC0.12
Cap/Depr(3y)25.85%
Cap/Depr(5y)34.87%
Cap/Sales(3y)0.81%
Cap/Sales(5y)1.11%
Profit Quality(3y)168.69%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-91.13%
EPS 3Y-38.1%
EPS 5Y-21.02%
EPS Q2Q%-7.84%
EPS Next Y32.02%
EPS Next 2Y36.58%
EPS Next 3Y28.26%
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-85.67%
EBIT growth 3Y-8.47%
EBIT growth 5Y-8.75%
EBIT Next Year84.48%
EBIT Next 3Y27.72%
EBIT Next 5YN/A
FCF growth 1Y175%
FCF growth 3Y65.74%
FCF growth 5Y5.88%
OCF growth 1Y118.33%
OCF growth 3Y44.84%
OCF growth 5Y-1.37%
ASSYSTEM / ASY.PA FAQ
What is the ChartMill fundamental rating of ASSYSTEM (ASY.PA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ASY.PA.
Can you provide the valuation status for ASSYSTEM?
ChartMill assigns a valuation rating of 3 / 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 77.6 and the Price/Book (PB) ratio is 2.24.
Can you provide the dividend sustainability for ASY stock?
The dividend rating of ASSYSTEM (ASY.PA) is 3 / 10 and the dividend payout ratio is 1043.59%.