Stock Analysis
Amer Sports, Inc.AS
P/E 40.87×· 3Y range 35.81–318.62×· bottom 7% of history
Sector: Consumer Cyclical
AnalystsStrong Buy29 analystsP/E 40.9× sits at the 7th percentile of its 2.7048825005703856-year history.
Cash covers 65% of debt · FY 2025.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Quality100
- Financial Health81
Risks
- Profitability35
- Growth50
Mixed business trading cheap — priced for skepticism.
Bull Case
- ✓Piotroski F-Score 8/9 — high earnings quality
- ✓Altman Z 4.1 — safe-zone balance sheet
- ✓Revenue CAGR 21.0% — durable top-line growth
- ✓Interest coverage 10.0× — debt well covered
- ✓P/E 40.9× at bottom 7% of 3-year history
What's happening with AS
Profile
Strong earnings quality and financial health; profitability and moat lag behind.
How is each axis scored?
- Valuation69/100 · Moderate
- P/E vs own history (7th pct)25/25
- FCF yield (4.0%)12/25
- P/S (2.6x)20/25
- EV/EBIT (24.6x)12/25
- Growth50/100 · Moderate
- Revenue CAGR (21.0%)25/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (74.4%)25/25
- Profitability35/100 · Weak
- ROIC (7.8%)5/25
- ROE (6.2%)5/25
- Net margin (6.5%)13/25
- Operating margin (10.9%)12/25
- Financial Health81/100 · Strong
- Altman Z (4.11)25/25
- Current ratio (1.76)18/25
- Interest coverage (10.0x)18/25
- Net cash / debt (D/A 4%)20/25
- Quality100/100 · Strong
- Piotroski F (8/9)25/25
- Beneish M (-2.56)25/25
- FCF conversion (163%)25/25
- Margin stability (σ 1.7%)25/25
- Moat38/100 · Weak
- ROIC >12% years (0/5 yrs)0/25
- Median gross margin (52.5%)20/25
- FCF-positive years (4/5 yrs)18/25
- Worst-year net margin (worst -7.1%)0/25
Risk Flags
- ⚠3 loss-making years in recent history
About Amer Sports, Inc.
Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $6. Show more
6 billion in 2025. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2025, the firm generated 32% of its revenue from the Americas, 28% from Europe, the Middle East, and Africa, 28% from China, and 12% from the Asia-Pacific, excluding China.
Employees: 15,400 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
69BP/E (TTM)40.3xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 3Y history: 35.8x–318.6x · 7th pct
P/FCF25.0xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield4.0%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 3Y history: 1.2%–4.5% · 94th pct
P/S (TTM)2.62xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 3Y history: 1.3x–4.5x · 38th pct
EV/EBIT24.6xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 3Y history: 22.0x–56.2x · 8th pct
EV/Sales2.4xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E23.1xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.50xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.24A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
35DROIC7.8%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE6.2%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA5.5%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin6.5%C
Grade C: AverageNet Income / Revenue
Operating Margin10.9%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin57.6%A
Grade A: PremiumGross Profit / Revenue
FCF Margin10.6%C
Grade C: AverageFCF / Revenue
True FCF Margin9.8%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
50CRevenue CAGR21.0%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth74.4%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income11.7%C
Grade C: MedStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.8%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
81AAltman Z-Score4.11A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.76xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.67xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage10.0xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment0.5yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT0.5xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.16xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.65xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
100A+Piotroski F-Score8/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.56A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion162.5%A
Grade A: StrongFCF / Net Income
Margin Stability1.7%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue4.1%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.74xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Chen Wen-Chang (Victor) Filed | Chen Wen-Chang (Victor) | Option exercise | -402495 | |
Chen Wen-Chang (Victor) Filed | Chen Wen-Chang (Victor) | SellOpen market sale | -117461 | |
Chen Wen-Chang (Victor) Filed | Chen Wen-Chang (Victor) | Option exercise | +402.5K | |
Page Andrew E Filed | Page Andrew E | SellOpen market sale | -2022 | |
Page Andrew E Filed | Page Andrew E | Option exercise | -4514 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Page Andrew E Filed | Page Andrew E | Option exercise | +4.5K | |
Zheng Jie (James) Filed | Zheng Jie (James) | Option exercise | -500000 | |
Zheng Jie (James) Filed | Zheng Jie (James) | SellOpen market sale | -500000 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
38DROIC >12% Years0/5 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)52.5%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years4/5 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-7.1%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$0.73
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$1.29
Cash & short-term investments per share (Finnhub)
Book Value / Share$12.31
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$1.10B
Total debt obligations (short + long term)
Cash & Equiv.$720.40M
Cash and short-term investments
Net Debt$381.20M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$6.89B
Shareholders' equity (book value)
Asset / Liability3.06xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$17.21B
Current Market Capitalization
Beta2.12D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Dec 2025 · Ratio snapshot Oct 17, 2026
Key Insights: Amer Sports, Inc. (AS)
Amer Sports, Inc. meets 8 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 4.11 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.56 suggests a low likelihood of earnings manipulation.
- Revenue has compounded at roughly 21% annually — a strong growth profile.
- Takes ~0.5 years to repay net debt from free cash flow.
- Amer Sports, Inc. posted a net loss in 3 of 5 available completed fiscal years (2021–2025).
See how AS ranks on the Capex Tracker — top 50 capital spenders compared.
No significant market moves for AS in the last 30 days.
See AS move history →Frequently Asked Questions about AS
What is the current Amer Sports, Inc. (AS) stock price?
AS is trading at $30.02 at the last market close, up 0.27% on the session. PreMarketPrice tracks AS pre-market, intraday and after-hours prices.
Is AS stock a buy right now?
PreMarketPrice's quantitative model rates Amer Sports, Inc.'s financial health at 81/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is AS stock overvalued?
Amer Sports, Inc. trades at a trailing P/E of 40.3 and our valuation score rates it 69/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Amer Sports, Inc. report earnings?
No confirmed earnings date is currently scheduled for AS. The Earnings section lists recent reports and updates as dates are announced.
What sector does Amer Sports, Inc. operate in?
Amer Sports, Inc. operates in the Consumer Cyclical sector. The Related Stocks section lists sector peers for comparison.
What does Amer Sports, Inc. do?
Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $6.
About Amer Sports, Inc. (AS) Stock
Amer Sports, Inc. (AS) is a US-listed stock operating in the Consumer Cyclical sector. As of the latest update, Amer Sports, Inc. is trading at $30.02, up 0.27% on the day with a market capitalization of $17.2 billion. The financial health score for AS is 81/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for AS stock.
AS Stock Analysis & Key Metrics
On PreMarketPrice, you can track Amer Sports, Inc. (AS) across multiple dimensions:
- Pre-market price & movement: Real-time AS stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for AS with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Amer Sports, Inc. across multiple reporting periods.
- Financial health score: A composite score of 81/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for AS.
- Sector peers: Compare AS against 4 other consumer cyclical stocks on key financial metrics.
Is AS a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Amer Sports, Inc. (AS) as an investment. The financial health score of 81/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Amer Sports, Inc. (AS) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.