AS vs. TM: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AS and TM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
TM’s market capitalization of 228.21 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 TM (beta: 0.25), suggesting AS has greater potential for both gains and losses relative to market movements.
TM is an American Depositary Receipt (ADR), allowing U.S. investors direct exposure to its non-U.S. operations. AS, on the other hand, is a domestic entity.
| Symbol | AS | TM |
|---|---|---|
| Company Name | Amer Sports, Inc. | Toyota Motor Corporation |
| Country | FI | JP |
| Sector | Consumer Cyclical | Consumer Cyclical |
| Industry | Leisure | Auto - Manufacturers |
| CEO | Jie Zheng | Koji Sato |
| Price | 38.87 USD | 174.89 USD |
| Market Cap | 21.53 billion USD | 228.21 billion USD |
| Beta | 3.65 | 0.25 |
| Exchange | NYSE | NYSE |
| IPO Date | February 1, 2024 | March 17, 1980 |
| ADR | No | Yes |
Historical Performance
This chart compares the performance of AS and TM 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.
TM
13.43%
Auto - Manufacturers Industry
- Max
- 103.41%
- Q3
- 44.32%
- Median
- 10.17%
- Q1
- -11.48%
- Min
- -70.38%
TM’s Return on Equity of 13.43% is on par with the norm for the Auto - Manufacturers 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.
TM
4.40%
Auto - Manufacturers Industry
- Max
- 35.94%
- Q3
- 4.50%
- Median
- -5.87%
- Q1
- -40.39%
- Min
- -107.35%
TM’s Return on Invested Capital of 4.40% is in line with the norm for the Auto - Manufacturers 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.
TM
9.92%
Auto - Manufacturers Industry
- Max
- 22.99%
- Q3
- 5.16%
- Median
- -1.71%
- Q1
- -78.77%
- Min
- -149.10%
A Net Profit Margin of 9.92% places TM in the upper quartile for the Auto - Manufacturers 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.
TM
9.98%
Auto - Manufacturers Industry
- Max
- 29.04%
- Q3
- 6.33%
- Median
- -2.21%
- Q1
- -66.44%
- Min
- -106.75%
An Operating Profit Margin of 9.98% places TM in the upper quartile for the Auto - Manufacturers 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 | TM |
|---|---|---|
| Return on Equity (TTM) | 4.41% | 13.43% |
| Return on Assets (TTM) | 2.37% | 5.09% |
| Return on Invested Capital (TTM) | 4.80% | 4.40% |
| Net Profit Margin (TTM) | 3.70% | 9.92% |
| Operating Profit Margin (TTM) | 10.56% | 9.98% |
| Gross Profit Margin (TTM) | 56.25% | 19.94% |
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.
TM
1.26
Auto - Manufacturers Industry
- Max
- 3.32
- Q3
- 1.96
- Median
- 1.25
- Q1
- 0.90
- Min
- 0.38
TM’s Current Ratio of 1.26 aligns with the median group of the Auto - Manufacturers 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.
TM
1.08
Auto - Manufacturers Industry
- Max
- 1.08
- Q3
- 0.96
- Median
- 0.80
- Q1
- 0.46
- Min
- 0.01
TM’s leverage is in the upper quartile of the Auto - Manufacturers industry, with a Debt-to-Equity Ratio of 1.08. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
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.
TM
25.15
Auto - Manufacturers Industry
- Max
- 45.34
- Q3
- 22.10
- Median
- 2.42
- Q1
- -13.59
- Min
- -26.25
TM’s Interest Coverage Ratio of 25.15 is in the upper quartile for the Auto - Manufacturers industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | AS | TM |
|---|---|---|
| Current Ratio (TTM) | 1.66 | 1.26 |
| Quick Ratio (TTM) | 0.80 | 1.10 |
| Debt-to-Equity Ratio (TTM) | 0.29 | 1.08 |
| Debt-to-Asset Ratio (TTM) | 0.18 | 0.41 |
| Net Debt-to-EBITDA Ratio (TTM) | 1.75 | 4.11 |
| Interest Coverage Ratio (TTM) | 3.15 | 25.15 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AS and TM. 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.
TM
3.62%
Auto - Manufacturers Industry
- Max
- 7.57%
- Q3
- 0.92%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 3.62%, TM offers a more attractive income stream than most of its peers in the Auto - Manufacturers 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.
TM
23.76%
Auto - Manufacturers Industry
- Max
- 84.98%
- Q3
- 20.53%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TM’s Dividend Payout Ratio of 23.76% is in the upper quartile for the Auto - Manufacturers 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 | TM |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 3.62% |
| Dividend Payout Ratio (TTM) | 0.00% | 23.76% |
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.
TM
6.81
Auto - Manufacturers Industry
- Max
- 47.41
- Q3
- 24.64
- Median
- 8.54
- Q1
- 7.47
- Min
- 4.69
In the lower quartile for the Auto - Manufacturers industry, TM’s P/E Ratio of 6.81 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
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.
TM
2.89
Auto - Manufacturers Industry
- Max
- 3.87
- Q3
- 2.14
- Median
- 0.53
- Q1
- 0.13
- Min
- 0.03
The Forward PEG Ratio is often not a primary valuation metric in the Auto - Manufacturers 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.
TM
0.67
Auto - Manufacturers Industry
- Max
- 7.43
- Q3
- 3.80
- Median
- 1.28
- Q1
- 0.60
- Min
- 0.16
TM’s P/S Ratio of 0.67 aligns with the market consensus for the Auto - Manufacturers 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.
TM
0.90
Auto - Manufacturers Industry
- Max
- 13.96
- Q3
- 7.23
- Median
- 2.02
- Q1
- 0.91
- Min
- 0.31
TM’s P/B Ratio of 0.90 is in the lower quartile for the Auto - Manufacturers 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 | TM |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 107.87 | 6.81 |
| Forward PEG Ratio (TTM) | 4.82 | 2.89 |
| Price-to-Sales Ratio (P/S, TTM) | 3.95 | 0.67 |
| Price-to-Book Ratio (P/B, TTM) | 4.18 | 0.90 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 89.77 | -25.51 |
| EV-to-EBITDA (TTM) | 35.61 | 8.19 |
| EV-to-Sales (TTM) | 4.15 | 1.36 |