AS vs. NKE: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AS and NKE, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
NKE’s market capitalization of 112.75 billion USD is significantly greater than AS’s 21.53 billion USD, highlighting its more substantial market valuation.
AS’s beta of 3.65 points to significantly higher volatility compared to NKE (beta: 1.22), suggesting AS has greater potential for both gains and losses relative to market movements.
| Symbol | AS | NKE |
|---|---|---|
| Company Name | Amer Sports, Inc. | NIKE, Inc. |
| Country | FI | US |
| Sector | Consumer Cyclical | Consumer Cyclical |
| Industry | Leisure | Apparel - Footwear & Accessories |
| CEO | Jie Zheng | Elliott J. Hill |
| Price | 38.87 USD | 76.39 USD |
| Market Cap | 21.53 billion USD | 112.75 billion USD |
| Beta | 3.65 | 1.22 |
| Exchange | NYSE | NYSE |
| IPO Date | February 1, 2024 | December 2, 1980 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AS and NKE 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.
NKE
23.33%
Apparel - Footwear & Accessories Industry
- Max
- 53.33%
- Q3
- 31.96%
- Median
- 19.72%
- Q1
- 13.83%
- Min
- 9.34%
NKE’s Return on Equity of 23.33% is on par with the norm for the Apparel - Footwear & Accessories 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.
NKE
11.57%
Apparel - Footwear & Accessories Industry
- Max
- 23.85%
- Q3
- 16.13%
- Median
- 10.13%
- Q1
- 7.01%
- Min
- 6.14%
NKE’s Return on Invested Capital of 11.57% is in line with the norm for the Apparel - Footwear & Accessories 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.
NKE
6.95%
Apparel - Footwear & Accessories Industry
- Max
- 19.38%
- Q3
- 12.90%
- Median
- 9.43%
- Q1
- 6.96%
- Min
- 3.11%
Falling into the lower quartile for the Apparel - Footwear & Accessories industry, NKE’s Net Profit Margin of 6.95% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.
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.
NKE
7.99%
Apparel - Footwear & Accessories Industry
- Max
- 25.16%
- Q3
- 23.65%
- Median
- 10.39%
- Q1
- 9.54%
- Min
- 4.43%
NKE’s Operating Profit Margin of 7.99% is in the lower quartile for the Apparel - Footwear & Accessories industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.
Profitability at a Glance
| Symbol | AS | NKE |
|---|---|---|
| Return on Equity (TTM) | 4.41% | 23.33% |
| Return on Assets (TTM) | 2.37% | 8.80% |
| Return on Invested Capital (TTM) | 4.80% | 11.57% |
| Net Profit Margin (TTM) | 3.70% | 6.95% |
| Operating Profit Margin (TTM) | 10.56% | 7.99% |
| Gross Profit Margin (TTM) | 56.25% | 42.73% |
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.
NKE
2.21
Apparel - Footwear & Accessories Industry
- Max
- 3.72
- Q3
- 3.06
- Median
- 2.19
- Q1
- 1.52
- Min
- 1.10
NKE’s Current Ratio of 2.21 aligns with the median group of the Apparel - Footwear & Accessories industry, indicating that its short-term liquidity is in line with its sector peers.
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.
NKE
0.83
Apparel - Footwear & Accessories Industry
- Max
- 1.40
- Q3
- 0.85
- Median
- 0.43
- Q1
- 0.11
- Min
- 0.05
NKE’s Debt-to-Equity Ratio of 0.83 is typical for the Apparel - Footwear & Accessories 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.
NKE
-34.60
Apparel - Footwear & Accessories Industry
- Max
- 335.26
- Q3
- 172.65
- Median
- 8.49
- Q1
- 3.88
- Min
- -58.42
NKE has a negative Interest Coverage Ratio of -34.60. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
Financial Strength at a Glance
| Symbol | AS | NKE |
|---|---|---|
| Current Ratio (TTM) | 1.66 | 2.21 |
| Quick Ratio (TTM) | 0.80 | 1.50 |
| Debt-to-Equity Ratio (TTM) | 0.29 | 0.83 |
| Debt-to-Asset Ratio (TTM) | 0.18 | 0.30 |
| Net Debt-to-EBITDA Ratio (TTM) | 1.75 | 3.30 |
| Interest Coverage Ratio (TTM) | 3.15 | -34.60 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AS and NKE. 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.
NKE
2.06%
Apparel - Footwear & Accessories Industry
- Max
- 9.03%
- Q3
- 2.23%
- Median
- 2.16%
- Q1
- 0.00%
- Min
- 0.00%
NKE’s Dividend Yield of 2.06% is consistent with its peers in the Apparel - Footwear & Accessories industry, providing a dividend return that is standard for its sector.
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.
NKE
70.49%
Apparel - Footwear & Accessories Industry
- Max
- 99.56%
- Q3
- 44.76%
- Median
- 11.55%
- Q1
- 0.00%
- Min
- 0.00%
NKE’s Dividend Payout Ratio of 70.49% is in the upper quartile for the Apparel - Footwear & Accessories 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 | NKE |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2.06% |
| Dividend Payout Ratio (TTM) | 0.00% | 70.49% |
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.
NKE
35.04
Apparel - Footwear & Accessories Industry
- Max
- 31.36
- Q3
- 20.35
- Median
- 14.84
- Q1
- 10.48
- Min
- 4.90
At 35.04, NKE’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Apparel - Footwear & Accessories 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.
NKE
1.53
Apparel - Footwear & Accessories Industry
- Max
- 1.70
- Q3
- 1.44
- Median
- 1.02
- Q1
- 0.62
- Min
- 0.40
A Forward PEG Ratio of 1.53 places NKE in the upper quartile for the Apparel - Footwear & Accessories industry. This suggests the stock is potentially expensive compared to its peers relative to its growth forecast, which may warrant caution.
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.
NKE
2.43
Apparel - Footwear & Accessories Industry
- Max
- 4.04
- Q3
- 2.22
- Median
- 1.13
- Q1
- 0.85
- Min
- 0.16
NKE’s P/S Ratio of 2.43 is in the upper echelon for the Apparel - Footwear & Accessories 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.
NKE
8.54
Apparel - Footwear & Accessories Industry
- Max
- 7.65
- Q3
- 4.81
- Median
- 2.83
- Q1
- 1.89
- Min
- 0.67
At 8.54, NKE’s P/B Ratio is at an extreme premium to the Apparel - Footwear & Accessories 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 | NKE |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 107.87 | 35.04 |
| Forward PEG Ratio (TTM) | 4.82 | 1.53 |
| Price-to-Sales Ratio (P/S, TTM) | 3.95 | 2.43 |
| Price-to-Book Ratio (P/B, TTM) | 4.18 | 8.54 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 89.77 | 21.23 |
| EV-to-EBITDA (TTM) | 35.61 | 37.09 |
| EV-to-Sales (TTM) | 4.15 | 2.67 |