AS vs. CVNA: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AS and CVNA, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
CVNA’s market capitalization of 74.59 billion USD is significantly greater than AS’s 21.53 billion USD, highlighting its more substantial market valuation.
With betas of 3.65 for AS and 3.65 for CVNA, both stocks show similar sensitivity to overall market movements.
| Symbol | AS | CVNA |
|---|---|---|
| Company Name | Amer Sports, Inc. | Carvana Co. |
| Country | FI | US |
| Sector | Consumer Cyclical | Consumer Cyclical |
| Industry | Leisure | Specialty Retail |
| CEO | Jie Zheng | Ernest C. Garcia III |
| Price | 38.87 USD | 348.33 USD |
| Market Cap | 21.53 billion USD | 74.59 billion USD |
| Beta | 3.65 | 3.65 |
| Exchange | NYSE | NYSE |
| IPO Date | February 1, 2024 | April 28, 2017 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AS and CVNA by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
AS
4.41%
Leisure Industry
- Max
- 54.14%
- Q3
- 27.35%
- Median
- 10.25%
- Q1
- -5.82%
- Min
- -50.57%
AS’s Return on Equity of 4.41% is on par with the norm for the Leisure industry, indicating its profitability relative to shareholder equity is typical for the sector.
CVNA
40.81%
Specialty Retail Industry
- Max
- 70.52%
- Q3
- 29.03%
- Median
- 10.90%
- Q1
- -7.86%
- Min
- -57.43%
In the upper quartile for the Specialty Retail industry, CVNA’s Return on Equity of 40.81% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
AS
4.80%
Leisure Industry
- Max
- 18.80%
- Q3
- 12.83%
- Median
- 9.71%
- Q1
- -1.45%
- Min
- -18.12%
AS’s Return on Invested Capital of 4.80% is in line with the norm for the Leisure industry, reflecting a standard level of efficiency in generating profits from its capital base.
CVNA
15.85%
Specialty Retail Industry
- Max
- 29.46%
- Q3
- 13.75%
- Median
- 8.05%
- Q1
- 0.80%
- Min
- -17.95%
In the upper quartile for the Specialty Retail industry, CVNA’s Return on Invested Capital of 15.85% signifies a highly effective use of its capital to generate profits when compared to its peers.
Net Profit Margin
AS
3.70%
Leisure Industry
- Max
- 14.84%
- Q3
- 9.75%
- Median
- 7.51%
- Q1
- -8.12%
- Min
- -34.68%
AS’s Net Profit Margin of 3.70% is aligned with the median group of its peers in the Leisure industry. This indicates its ability to convert revenue into profit is typical for the sector.
CVNA
2.68%
Specialty Retail Industry
- Max
- 19.78%
- Q3
- 8.49%
- Median
- 3.43%
- Q1
- -0.69%
- Min
- -9.88%
CVNA’s Net Profit Margin of 2.68% is aligned with the median group of its peers in the Specialty Retail industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin
AS
10.56%
Leisure Industry
- Max
- 27.89%
- Q3
- 15.06%
- Median
- 11.34%
- Q1
- 2.75%
- Min
- -10.88%
AS’s Operating Profit Margin of 10.56% is around the midpoint for the Leisure industry, indicating that its efficiency in managing core business operations is typical for the sector.
CVNA
8.43%
Specialty Retail Industry
- Max
- 24.47%
- Q3
- 11.10%
- Median
- 5.85%
- Q1
- 0.66%
- Min
- -12.62%
CVNA’s Operating Profit Margin of 8.43% is around the midpoint for the Specialty Retail industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | AS | CVNA |
|---|---|---|
| Return on Equity (TTM) | 4.41% | 40.81% |
| Return on Assets (TTM) | 2.37% | 4.48% |
| Return on Invested Capital (TTM) | 4.80% | 15.85% |
| Net Profit Margin (TTM) | 3.70% | 2.68% |
| Operating Profit Margin (TTM) | 10.56% | 8.43% |
| Gross Profit Margin (TTM) | 56.25% | 21.38% |
Financial Strength
Current Ratio
AS
1.66
Leisure Industry
- Max
- 2.58
- Q3
- 2.10
- Median
- 1.69
- Q1
- 0.62
- Min
- 0.31
AS’s Current Ratio of 1.66 aligns with the median group of the Leisure industry, indicating that its short-term liquidity is in line with its sector peers.
CVNA
3.81
Specialty Retail Industry
- Max
- 3.24
- Q3
- 1.99
- Median
- 1.42
- Q1
- 1.02
- Min
- 0.54
CVNA’s Current Ratio of 3.81 is exceptionally high, placing it well outside the typical range for the Specialty Retail industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.
Debt-to-Equity Ratio
AS
0.29
Leisure Industry
- Max
- 2.86
- Q3
- 1.42
- Median
- 0.89
- Q1
- 0.25
- Min
- 0.04
AS’s Debt-to-Equity Ratio of 0.29 is typical for the Leisure industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
CVNA
4.02
Specialty Retail Industry
- Max
- 2.72
- Q3
- 1.42
- Median
- 0.87
- Q1
- 0.35
- Min
- 0.01
With a Debt-to-Equity Ratio of 4.02, CVNA operates with exceptionally high leverage compared to the Specialty Retail industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
Interest Coverage Ratio
AS
3.15
Leisure Industry
- Max
- 10.99
- Q3
- 6.49
- Median
- 2.98
- Q1
- 0.15
- Min
- -5.46
AS’s Interest Coverage Ratio of 3.15 is positioned comfortably within the norm for the Leisure industry, indicating a standard and healthy capacity to cover its interest payments.
CVNA
2.03
Specialty Retail Industry
- Max
- 37.34
- Q3
- 17.19
- Median
- 4.28
- Q1
- 0.11
- Min
- -23.60
CVNA’s Interest Coverage Ratio of 2.03 is positioned comfortably within the norm for the Specialty Retail industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | AS | CVNA |
|---|---|---|
| Current Ratio (TTM) | 1.66 | 3.81 |
| Quick Ratio (TTM) | 0.80 | 2.70 |
| Debt-to-Equity Ratio (TTM) | 0.29 | 4.02 |
| Debt-to-Asset Ratio (TTM) | 0.18 | 0.68 |
| Net Debt-to-EBITDA Ratio (TTM) | 1.75 | 2.89 |
| Interest Coverage Ratio (TTM) | 3.15 | 2.03 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AS and CVNA. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
AS
0.00%
Leisure Industry
- Max
- 3.83%
- Q3
- 0.15%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
AS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
CVNA
0.00%
Specialty Retail Industry
- Max
- 5.54%
- Q3
- 1.52%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CVNA currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
AS
0.00%
Leisure Industry
- Max
- 91.69%
- Q3
- 14.53%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
AS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
CVNA
0.00%
Specialty Retail Industry
- Max
- 177.64%
- Q3
- 9.49%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CVNA has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | AS | CVNA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio
AS
107.87
Leisure Industry
- Max
- 50.94
- Q3
- 41.43
- Median
- 24.00
- Q1
- 14.24
- Min
- 11.70
At 107.87, AS’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Leisure industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
CVNA
117.33
Specialty Retail Industry
- Max
- 81.45
- Q3
- 42.51
- Median
- 25.40
- Q1
- 12.72
- Min
- 1.88
At 117.33, CVNA’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Specialty Retail industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
Forward P/E to Growth Ratio
AS
4.82
Leisure Industry
- Max
- 5.65
- Q3
- 3.47
- Median
- 1.94
- Q1
- 1.14
- Min
- 0.00
A Forward PEG Ratio of 4.82 places AS in the upper quartile for the Leisure industry. This suggests the stock is potentially expensive compared to its peers relative to its growth forecast, which may warrant caution.
CVNA
6.43
Specialty Retail Industry
- Max
- 5.90
- Q3
- 2.79
- Median
- 1.76
- Q1
- 0.69
- Min
- 0.00
CVNA’s Forward PEG Ratio of 6.43 is exceptionally high for the Specialty Retail industry. This suggests its stock price is very high relative to its expected earnings growth, signaling significant overvaluation risk.
Price-to-Sales Ratio
AS
3.95
Leisure Industry
- Max
- 4.00
- Q3
- 2.41
- Median
- 1.45
- Q1
- 1.18
- Min
- 0.36
AS’s P/S Ratio of 3.95 is in the upper echelon for the Leisure industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
CVNA
5.02
Specialty Retail Industry
- Max
- 5.26
- Q3
- 2.60
- Median
- 1.29
- Q1
- 0.41
- Min
- 0.06
CVNA’s P/S Ratio of 5.02 is in the upper echelon for the Specialty Retail industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
AS
4.18
Leisure Industry
- Max
- 5.76
- Q3
- 4.55
- Median
- 3.57
- Q1
- 2.69
- Min
- 0.30
AS’s P/B Ratio of 4.18 is within the conventional range for the Leisure industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
CVNA
31.05
Specialty Retail Industry
- Max
- 12.73
- Q3
- 6.96
- Median
- 3.28
- Q1
- 1.42
- Min
- 0.24
At 31.05, CVNA’s P/B Ratio is at an extreme premium to the Specialty Retail industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | AS | CVNA |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 107.87 | 117.33 |
| Forward PEG Ratio (TTM) | 4.82 | 6.43 |
| Price-to-Sales Ratio (P/S, TTM) | 3.95 | 5.02 |
| Price-to-Book Ratio (P/B, TTM) | 4.18 | 31.05 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 89.77 | 78.60 |
| EV-to-EBITDA (TTM) | 35.61 | 54.44 |
| EV-to-Sales (TTM) | 4.15 | 5.31 |