Reviewing Amer Sports (AS) & Its Competitors
by Tristan Rich · The Markets DailyAmer Sports (NYSE:AS – Get Free Report) is one of 29 publicly-traded companies in the “Apparel, finished products from fabrics & similar materials” industry, but how does it compare to its rivals? We will compare Amer Sports to related businesses based on the strength of its institutional ownership, valuation, dividends, profitability, earnings, risk and analyst recommendations.
Earnings and Valuation
This table compares Amer Sports and its rivals revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Amer Sports | $4.37 billion | -$208.60 million | -173.56 |
| Amer Sports Competitors | $2.23 billion | $143.17 million | -16.92 |
Amer Sports has higher revenue, but lower earnings than its rivals. Amer Sports is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Analyst Ratings
This is a summary of recent ratings and recommmendations for Amer Sports and its rivals, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Amer Sports | 0 | 4 | 10 | 1 | 2.80 |
| Amer Sports Competitors | 376 | 1673 | 2357 | 71 | 2.47 |
Amer Sports currently has a consensus target price of $21.43, suggesting a potential downside of 11.82%. As a group, “Apparel, finished products from fabrics & similar materials” companies have a potential upside of 13.53%. Given Amer Sports’ rivals higher probable upside, analysts clearly believe Amer Sports has less favorable growth aspects than its rivals.
Insider and Institutional Ownership
40.3% of Amer Sports shares are owned by institutional investors. Comparatively, 46.6% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by institutional investors. 22.8% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Profitability
This table compares Amer Sports and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Amer Sports | -0.74% | 3.15% | 1.12% |
| Amer Sports Competitors | -17.27% | -107.95% | -19.83% |
Summary
Amer Sports beats its rivals on 7 of the 12 factors compared.
About Amer Sports
Amer Sports, Inc. designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports. The Technical Apparel segment offers outdoor apparel, footwear, and accessories which includes climbing gear. The Outdoor Performance segment provides hiking and running footwear, functional apparel, skiing and snowboarding gear, and lifestyle footwear. The Ball & Racquet Sports segment offers sports equipment for tennis, baseball, american football, basketball, golf, and various other professional and recreational sports. This segment provides custom-fitting protective gear and apparel for baseball, softball, football, and lacrosse. It sells its products under the Arc'teryx, PeakPerformance, Salomon, Atomic, Armada, ENVE, Wilson, Louisville Slugger, DeMarini, EvoShield, and ATEC brands. The company distributes its products through retail stores, general sporting goods retailers, specialty stores, independently operated partner stores, and distributors, as well as its e-commerce websites, and retailer-owned and third-party e-commerce websites. The company was formerly known as Amer Sports Management Holding (Cayman) Limited and changed its name to Amer Sports, Inc. in August 2023. Amer Sports, Inc. was founded in 1950 and is based in Helsinki, Finland.