Amer Sports AS
Amer Sports is a Finnish sporting and leisure goods company that designs, manufactures, and sells premium brands such as Arc'teryx, Salomon, and Wilson, with a business model focused on product innovation and direct-to-consumer distribution. Amer Sports shows exceptional growth (revenue +32.1%, earnings +500%) with solid financial health (net debt/EBITDA of 0.31x), although its valuation is not cheap (P/E 28.93) and momentum is weak (10th percentile of the 52-week range).
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
Amer Sports is a Finnish sporting and leisure goods company that designs, manufactures, and sells premium brands such as Arc'teryx, Salomon, and Wilson, with a business model focused on product innovation and direct-to-consumer distribution. Amer Sports shows exceptional growth (revenue +32.1%, earnings +500%) with solid financial health (net debt/EBITDA of 0.31x), although its valuation is not cheap (P/E 28.93) and momentum is weak (10th percentile of the 52-week range).
Score by category
| Category | Score |
|---|---|
| Financial health | 6.7 |
| Quality / Moat | 5.3 |
| Valuation | 6.5 |
| Growth | 9.6 |
| Dividend | 1.5 |
| Momentum | 4.3 |
| Risk & Context | 2.3 |
OVERALL SCORE: 5.6/10
Context and risks
No material exposure to current macro factors: the oil rally does not affect its cost structure (gross margin of 59.81%), and its net debt/EBITDA of 0.31x makes it immune to rising rates. Finland's geopolitical risk is moderate but not material to its global business.
News considered in the analysis
- Sales Growth and Margin Expansion Improve Amer Sports’ (AS) Profit Outlook — La mejora de márgenes y el crecimiento de ventas son hechos ya ocurridos y parcialmente reflejados en el precio, pero refuerzan la tesis de expansión de márgenes.
- Why Did On Holding Stock Jump If Its Near-Term Guidance Did Not Change? — Titular sobre un competidor (On Holding) sin impacto directo en Amer Sports.
- Amer Sports (AS) Went From Beating To Raising — La mejora de la guía es un hecho material ya ocurrido y parcialmente descontado, pero indica fortaleza operativa continuada.
- Amer Sports' 2026 Outlook: Margin Expansion Drives Growth as Direct-to-Consumer Model Scales — La expansión de márgenes por el modelo DTC es una previsión a futuro con probabilidad alta de materializarse, parcialmente descontada.
- Why Amer Sports (AS) Is Getting Fresh Attention Today — Titular genérico sin información nueva concreta.
Verdict: Hold positions: strong growth and low debt offset the demanding valuation, but weak momentum suggests waiting for a better entry point.
Main risk: The main risk is a slowdown in the sports luxury segment if discretionary consumer spending weakens, given that its valuation (P/E 28.93) already prices in near-perfect execution.
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