AS vs. PHM: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AS and PHM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
AS’s market capitalization stands at 21.53 billion USD, while PHM’s is 21.92 billion USD, indicating their market valuations are broadly comparable.
AS’s beta of 3.65 points to significantly higher volatility compared to PHM (beta: 1.30), suggesting AS has greater potential for both gains and losses relative to market movements.
| Symbol | AS | PHM |
|---|---|---|
| Company Name | Amer Sports, Inc. | PulteGroup, Inc. |
| Country | FI | US |
| Sector | Consumer Cyclical | Consumer Cyclical |
| Industry | Leisure | Residential Construction |
| CEO | Jie Zheng | Ryan R. Marshall |
| Price | 38.87 USD | 109.36 USD |
| Market Cap | 21.53 billion USD | 21.92 billion USD |
| Beta | 3.65 | 1.30 |
| Exchange | NYSE | NYSE |
| IPO Date | February 1, 2024 | March 17, 1980 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AS and PHM 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.
PHM
24.94%
Residential Construction Industry
- Max
- 38.32%
- Q3
- 24.08%
- Median
- 16.46%
- Q1
- 12.92%
- Min
- 7.81%
In the upper quartile for the Residential Construction industry, PHM’s Return on Equity of 24.94% 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.
PHM
23.25%
Residential Construction Industry
- Max
- 19.08%
- Q3
- 12.67%
- Median
- 11.66%
- Q1
- 8.04%
- Min
- 3.73%
PHM’s Return on Invested Capital of 23.25% is exceptionally high, placing it well beyond the typical range for the Residential Construction industry. This demonstrates an outstanding ability to deploy capital efficiently and create significant value.
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.
PHM
16.45%
Residential Construction Industry
- Max
- 17.37%
- Q3
- 12.35%
- Median
- 10.36%
- Q1
- 8.29%
- Min
- 3.91%
A Net Profit Margin of 16.45% places PHM in the upper quartile for the Residential Construction industry, signifying strong profitability and more effective cost management than most of its peers.
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.
PHM
21.58%
Residential Construction Industry
- Max
- 22.34%
- Q3
- 15.74%
- Median
- 12.30%
- Q1
- 9.51%
- Min
- 4.20%
An Operating Profit Margin of 21.58% places PHM in the upper quartile for the Residential Construction industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | AS | PHM |
|---|---|---|
| Return on Equity (TTM) | 4.41% | 24.94% |
| Return on Assets (TTM) | 2.37% | 16.98% |
| Return on Invested Capital (TTM) | 4.80% | 23.25% |
| Net Profit Margin (TTM) | 3.70% | 16.45% |
| Operating Profit Margin (TTM) | 10.56% | 21.58% |
| Gross Profit Margin (TTM) | 56.25% | 29.17% |
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.
PHM
4.83
Residential Construction Industry
- Max
- 26.19
- Q3
- 13.52
- Median
- 7.75
- Q1
- 3.72
- Min
- 1.49
PHM’s Current Ratio of 4.83 aligns with the median group of the Residential Construction 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.
PHM
0.17
Residential Construction Industry
- Max
- 0.60
- Q3
- 0.40
- Median
- 0.33
- Q1
- 0.17
- Min
- 0.00
PHM’s Debt-to-Equity Ratio of 0.17 is typical for the Residential Construction 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.
PHM
10,404.37
Residential Construction Industry
- Max
- 137.53
- Q3
- 119.57
- Median
- 59.70
- Q1
- 34.03
- Min
- 10.68
With an Interest Coverage Ratio of 10,404.37, PHM demonstrates a superior capacity to service its debt, placing it well above the typical range for the Residential Construction industry. This stems from either robust earnings or a conservative debt load.
Financial Strength at a Glance
| Symbol | AS | PHM |
|---|---|---|
| Current Ratio (TTM) | 1.66 | 4.83 |
| Quick Ratio (TTM) | 0.80 | 0.43 |
| Debt-to-Equity Ratio (TTM) | 0.29 | 0.17 |
| Debt-to-Asset Ratio (TTM) | 0.18 | 0.12 |
| Net Debt-to-EBITDA Ratio (TTM) | 1.75 | 0.21 |
| Interest Coverage Ratio (TTM) | 3.15 | 10404.37 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AS and PHM. 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.
PHM
0.79%
Residential Construction Industry
- Max
- 2.41%
- Q3
- 1.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
PHM’s Dividend Yield of 0.79% is consistent with its peers in the Residential Construction 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.
PHM
5.80%
Residential Construction Industry
- Max
- 35.19%
- Q3
- 10.57%
- Median
- 2.40%
- Q1
- 0.00%
- Min
- 0.00%
PHM’s Dividend Payout Ratio of 5.80% is within the typical range for the Residential Construction industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | AS | PHM |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.79% |
| Dividend Payout Ratio (TTM) | 0.00% | 5.80% |
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.
PHM
7.51
Residential Construction Industry
- Max
- 9.55
- Q3
- 9.42
- Median
- 7.20
- Q1
- 6.63
- Min
- 3.19
PHM’s P/E Ratio of 7.51 is within the middle range for the Residential Construction 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.
PHM
0.50
Residential Construction Industry
- Max
- 2.03
- Q3
- 1.05
- Median
- 0.49
- Q1
- 0.25
- Min
- 0.10
The Forward PEG Ratio is often not a primary valuation metric in the Residential Construction industry.
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.
PHM
1.23
Residential Construction Industry
- Max
- 2.31
- Q3
- 1.33
- Median
- 0.79
- Q1
- 0.56
- Min
- 0.20
PHM’s P/S Ratio of 1.23 aligns with the market consensus for the Residential Construction industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
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.
PHM
1.80
Residential Construction Industry
- Max
- 2.33
- Q3
- 1.66
- Median
- 1.08
- Q1
- 0.86
- Min
- 0.55
PHM’s P/B Ratio of 1.80 is in the upper tier for the Residential Construction industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | AS | PHM |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 107.87 | 7.51 |
| Forward PEG Ratio (TTM) | 4.82 | 0.50 |
| Price-to-Sales Ratio (P/S, TTM) | 3.95 | 1.23 |
| Price-to-Book Ratio (P/B, TTM) | 4.18 | 1.80 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 89.77 | 15.10 |
| EV-to-EBITDA (TTM) | 35.61 | 5.74 |
| EV-to-Sales (TTM) | 4.15 | 1.27 |