AS vs. MGA: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AS and MGA, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
AS’s market capitalization of 21.53 billion USD is substantially larger than MGA’s 11.73 billion USD, indicating a significant difference in their market valuations.
AS’s beta of 3.65 points to significantly higher volatility compared to MGA (beta: 1.65), suggesting AS has greater potential for both gains and losses relative to market movements.
| Symbol | AS | MGA |
|---|---|---|
| Company Name | Amer Sports, Inc. | Magna International Inc. |
| Country | FI | CA |
| Sector | Consumer Cyclical | Consumer Cyclical |
| Industry | Leisure | Auto - Parts |
| CEO | Jie Zheng | Seetarama Kotagiri |
| Price | 38.87 USD | 41.62 USD |
| Market Cap | 21.53 billion USD | 11.73 billion USD |
| Beta | 3.65 | 1.65 |
| Exchange | NYSE | NYSE |
| IPO Date | February 1, 2024 | October 5, 1984 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AS and MGA 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.
MGA
9.67%
Auto - Parts Industry
- Max
- 50.60%
- Q3
- 20.37%
- Median
- 8.74%
- Q1
- -2.05%
- Min
- -23.36%
MGA’s Return on Equity of 9.67% is on par with the norm for the Auto - Parts industry, indicating its profitability relative to shareholder equity is typical for the sector.
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.
MGA
6.82%
Auto - Parts Industry
- Max
- 27.30%
- Q3
- 14.26%
- Median
- 6.70%
- Q1
- 2.49%
- Min
- -11.15%
MGA’s Return on Invested Capital of 6.82% is in line with the norm for the Auto - Parts industry, reflecting a standard level of efficiency in generating profits from its capital base.
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.
MGA
2.71%
Auto - Parts Industry
- Max
- 16.94%
- Q3
- 7.68%
- Median
- 2.28%
- Q1
- -0.43%
- Min
- -4.93%
MGA’s Net Profit Margin of 2.71% is aligned with the median group of its peers in the Auto - Parts 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.
MGA
4.81%
Auto - Parts Industry
- Max
- 19.28%
- Q3
- 10.18%
- Median
- 6.39%
- Q1
- 3.26%
- Min
- 2.98%
MGA’s Operating Profit Margin of 4.81% is around the midpoint for the Auto - Parts industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | AS | MGA |
|---|---|---|
| Return on Equity (TTM) | 4.41% | 9.67% |
| Return on Assets (TTM) | 2.37% | 3.56% |
| Return on Invested Capital (TTM) | 4.80% | 6.82% |
| Net Profit Margin (TTM) | 3.70% | 2.71% |
| Operating Profit Margin (TTM) | 10.56% | 4.81% |
| Gross Profit Margin (TTM) | 56.25% | 11.68% |
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.
MGA
1.06
Auto - Parts Industry
- Max
- 4.29
- Q3
- 2.88
- Median
- 1.84
- Q1
- 1.33
- Min
- 0.53
MGA’s Current Ratio of 1.06 falls into the lower quartile for the Auto - Parts industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
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.
MGA
0.64
Auto - Parts Industry
- Max
- 1.78
- Q3
- 0.96
- Median
- 0.64
- Q1
- 0.20
- Min
- 0.00
MGA’s Debt-to-Equity Ratio of 0.64 is typical for the Auto - Parts industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
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.
MGA
9.69
Auto - Parts Industry
- Max
- 15.73
- Q3
- 10.07
- Median
- 6.95
- Q1
- 2.13
- Min
- -5.48
MGA’s Interest Coverage Ratio of 9.69 is positioned comfortably within the norm for the Auto - Parts industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | AS | MGA |
|---|---|---|
| Current Ratio (TTM) | 1.66 | 1.06 |
| Quick Ratio (TTM) | 0.80 | 0.74 |
| Debt-to-Equity Ratio (TTM) | 0.29 | 0.64 |
| Debt-to-Asset Ratio (TTM) | 0.18 | 0.24 |
| Net Debt-to-EBITDA Ratio (TTM) | 1.75 | 1.59 |
| Interest Coverage Ratio (TTM) | 3.15 | 9.69 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AS and MGA. 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.
MGA
4.61%
Auto - Parts Industry
- Max
- 7.63%
- Q3
- 2.33%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 4.61%, MGA offers a more attractive income stream than most of its peers in the Auto - Parts industry, signaling a strong commitment to shareholder returns.
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.
MGA
47.22%
Auto - Parts Industry
- Max
- 82.34%
- Q3
- 32.60%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MGA’s Dividend Payout Ratio of 47.22% is in the upper quartile for the Auto - Parts industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | AS | MGA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 4.61% |
| Dividend Payout Ratio (TTM) | 0.00% | 47.22% |
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.
MGA
10.44
Auto - Parts Industry
- Max
- 29.34
- Q3
- 21.35
- Median
- 12.77
- Q1
- 10.32
- Min
- 7.75
MGA’s P/E Ratio of 10.44 is within the middle range for the Auto - Parts industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
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.
MGA
0.59
Auto - Parts Industry
- Max
- 2.08
- Q3
- 1.28
- Median
- 0.76
- Q1
- 0.54
- Min
- 0.09
MGA’s Forward PEG Ratio of 0.59 is within the middle range of its peers in the Auto - Parts industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
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.
MGA
0.28
Auto - Parts Industry
- Max
- 2.49
- Q3
- 1.85
- Median
- 0.66
- Q1
- 0.37
- Min
- 0.08
In the lower quartile for the Auto - Parts industry, MGA’s P/S Ratio of 0.28 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.
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.
MGA
1.01
Auto - Parts Industry
- Max
- 5.93
- Q3
- 3.06
- Median
- 1.56
- Q1
- 1.12
- Min
- 0.60
MGA’s P/B Ratio of 1.01 is in the lower quartile for the Auto - Parts industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.
Valuation at a Glance
| Symbol | AS | MGA |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 107.87 | 10.44 |
| Forward PEG Ratio (TTM) | 4.82 | 0.59 |
| Price-to-Sales Ratio (P/S, TTM) | 3.95 | 0.28 |
| Price-to-Book Ratio (P/B, TTM) | 4.18 | 1.01 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 89.77 | 7.85 |
| EV-to-EBITDA (TTM) | 35.61 | 4.46 |
| EV-to-Sales (TTM) | 4.15 | 0.43 |