Overview Dividends

(AS) Amer Sports - Ratings and Ratios

Exchange: NYSE • Country: Finland • Currency: USD • Type: Common Stock • ISIN: KYG0260P1028

Apparel, Footwear, Equipment, Accessories

AS EPS (Earnings per Share)

EPS Growth (3Y CAGR): 473.31%
EPS Trend (3Y Correlation): 59.1%

AS Revenue

Revenue Growth (3Y CAGR): 15.00%
Revenue Trend (3Y Correlation): 70.4%

Description: AS Amer Sports October 16, 2025

Amer Sports Inc. (NYSE: AS) is a Finnish-based, globally diversified sporting-goods company that designs, manufactures, markets and distributes equipment, apparel, footwear and accessories across Europe, the Middle East, Africa, the Americas, Mainland China, Hong Kong, Macau, Taiwan and the broader Asia-Pacific region.

The business is organized into three operating segments: Technical Apparel (outdoor apparel, climbing gear and footwear), Outdoor Performance (hiking, running, ski and snowboard gear plus lifestyle footwear) and Ball & Racquet Sports (tennis, baseball, American football, basketball, golf equipment and custom-fit protective gear). Its portfolio includes well-known brands such as Arc’teryx, Salomon, Atomic, Wilson, Louisville Slugger and DeMarini, sold through a mix of owned stores, specialty retailers, general sporting-goods chains and both retailer-owned and third-party e-commerce platforms.

Recent data (FY 2023) show total revenue of roughly $2.2 billion, with the Outdoor Performance segment contributing about 45 % of sales and delivering a 12 % year-over-year growth rate-driven by a sustained consumer shift toward active-lifestyle spending. E-commerce now accounts for ~20 % of net sales, a figure that has risen 4 pp since 2021, reflecting broader digital adoption in the sports-goods sector. A key macro driver is discretionary-spending elasticity: inflationary pressure and real-income trends in the U.S. and Europe can materially affect demand for premium-priced apparel and equipment.

If you want a more granular, data-driven view of Amer Sports’ valuation relative to its peers, ValueRay’s sector-level modeling tools can provide the quantitative depth needed for a thorough analysis.

AS Stock Overview

Market Cap in USD	17,707m
Sub-Industry	Apparel, Accessories & Luxury Goods
IPO / Inception	2024-02-01

AS Stock Ratings

Growth Rating	86.7%
Fundamental	68.8%
Dividend Rating	-
Return 12m vs S&P 500	33.5%
Analyst Rating	4.26 of 5

AS Dividends

Currently no dividends paid

AS Growth Ratios

Growth Correlation 3m	-89.7%
Growth Correlation 12m	66.4%
Growth Correlation 5y	85.7%
CAGR 5y	56.62%
CAGR/Max DD 3y (Calmar Ratio)	1.39
CAGR/Mean DD 3y (Pain Ratio)	4.33
Sharpe Ratio 12m	0.23
Alpha	40.38
Beta
Volatility	48.07%
Current Volume	5264.3k
Average Volume 20d	5187.2k
Stop Loss	28.2 (-4.5%)
Signal	-0.03

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (224.0m TTM) > 0 and > 6% of Revenue (6% = 341.9m TTM)

FCFTA 0.03 (>2.0%) and ΔFCFTA 1.60pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 16.93% (prev 22.34%; Δ -5.41pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.05 (>3.0%) and CFO 465.4m > Net Income 224.0m (YES >=105%, WARN >=100%)

Net Debt (1.28b) to EBITDA (923.6m) ratio: 1.39 <= 3.0 (WARN <= 3.5)

Current Ratio 1.60 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (560.8m) change vs 12m ago 10.99% (target <= -2.0% for YES)

Gross Margin 56.87% (prev 55.17%; Δ 1.70pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 66.01% (prev 55.49%; Δ 10.52pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 3.97 (EBITDA TTM 923.6m / Interest Expense TTM 165.0m) >= 6 (WARN >= 3)

Altman Z'' 1.73

(A) 0.11 = (Total Current Assets 2.58b - Total Current Liabilities 1.61b) / Total Assets 9.02b

(B) -0.05 = Retained Earnings (Balance) -464.2m / Total Assets 9.02b

(D) 0.66 = Book Value of Equity 2.29b / Total Liabilities 3.50b

Total Rating: 1.73 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 68.79

1. Piotroski 7.50pt = 2.50

2. FCF Yield 1.35% = 0.68

3. FCF Margin 4.51% = 1.13

4. Debt/Equity 0.29 = 2.46

5. Debt/Ebitda 1.39 = 1.16

6. ROIC - WACC (= 1.81)% = 2.26

7. RoE 4.52% = 0.38

8. Rev. Trend 70.40% = 5.28

9. EPS Trend 59.07% = 2.95

What is the price of AS shares?

As of November 08, 2025, the stock is trading at USD 29.54 with a total of 5,264,333 shares traded.
Over the past week, the price has changed by -5.41%, over one month by -13.52%, over three months by -21.91% and over the past year by +52.27%.

Is Amer Sports a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Amer Sports (NYSE:AS) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 68.79 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AS is around 29.47 USD . This means that AS is currently overvalued and has a potential downside of -0.24%.

Is AS a buy, sell or hold?

Amer Sports has received a consensus analysts rating of 4.26. Therefore, it is recommended to buy AS.

Strong Buy: 11
Buy: 4
Hold: 3
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the AS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	46.1	56.2%
Analysts Target Price	46.1	56.2%
ValueRay Target Price	33	11.7%

AS Fundamental Data Overview November 01, 2025

Market Cap USD = 17.71b (17.71b USD * 1.0 USD.USD)
P/E Trailing = 77.8781
P/E Forward = 30.7692
P/S = 3.1076
P/B = 3.5437
P/EG = 0.3749
Beta = None
Revenue TTM = 5.70b USD
EBIT TTM = 654.6m USD
EBITDA TTM = 923.6m USD
Long Term Debt = 791.5m USD (from longTermDebt, last quarter)
Short Term Debt = 411.0m USD (from shortTermDebt, last quarter)
Debt = 1.58b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.28b USD (from netDebt column, last quarter)
Enterprise Value = 18.99b USD (17.71b + Debt 1.58b - CCE 303.4m)
Interest Coverage Ratio = 3.97 (Ebit TTM 654.6m / Interest Expense TTM 165.0m)
FCF Yield = 1.35% (FCF TTM 256.7m / Enterprise Value 18.99b)
FCF Margin = 4.51% (FCF TTM 256.7m / Revenue TTM 5.70b)
Net Margin = 3.93% (Net Income TTM 224.0m / Revenue TTM 5.70b)
Gross Margin = 56.87% ((Revenue TTM 5.70b - Cost of Revenue TTM 2.46b) / Revenue TTM)
Gross Margin QoQ = 58.47% (prev 57.80%)
Tobins Q-Ratio = 2.11 (Enterprise Value 18.99b / Total Assets 9.02b)
Interest Expense / Debt = 1.89% (Interest Expense 30.0m / Debt 1.58b)
Taxrate = -2.75% (negative due to tax credits) (-600.0k / 21.8m)
NOPAT = 672.6m (EBIT 654.6m * (1 - -2.75%)) [negative tax rate / tax credits]
Current Ratio = 1.60 (Total Current Assets 2.58b / Total Current Liabilities 1.61b)
Debt / Equity = 0.29 (Debt 1.58b / totalStockholderEquity, last quarter 5.51b)
Debt / EBITDA = 1.39 (Net Debt 1.28b / EBITDA 923.6m)
Debt / FCF = 4.99 (Net Debt 1.28b / FCF TTM 256.7m)
Total Stockholder Equity = 4.96b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.48% (Net Income 224.0m / Total Assets 9.02b)
RoE = 4.52% (Net Income TTM 224.0m / Total Stockholder Equity 4.96b)
RoCE = 11.39% (EBIT 654.6m / Capital Employed (Equity 4.96b + L.T.Debt 791.5m))
RoIC = 10.81% (NOPAT 672.6m / Invested Capital 6.22b)
WACC = 9.00% (E(17.71b)/V(19.29b) * Re(9.63%) + D(1.58b)/V(19.29b) * Rd(1.89%) * (1-Tc(-0.03)))
Discount Rate = 9.63% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.04%
[DCF Debug] Terminal Value 76.46% ; FCFE base≈195.0m ; Y1≈240.5m ; Y5≈410.4m
Fair Price DCF = 9.50 (DCF Value 5.27b / Shares Outstanding 554.6m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 59.07 | EPS CAGR: 473.3% | SUE: 0.14 | # QB: 0
Revenue Correlation: 70.40 | Revenue CAGR: 15.00% | SUE: N/A | # QB: 0

Additional Sources for AS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle