Amer Sports, Inc. (AS) fair value: what the stock is really worth
We calculate from audited financials what Amer Sports, Inc. is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Amer Sports, Inc.
AS · USStretched ValuationStrong overvaluation with only moderate quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.
How to read this chart
32‑month range $10.47 – $41.96 · fair‑value band $9.33 – $24.31 · the $27.45 price screens above the $14.26 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.
Company profile
Amer Sports, Inc. designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, Mainland China, Hong Kong, Macau, Taiwan, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.
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Amer Sports, Inc. designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, Mainland China, Hong Kong, Macau, Taiwan, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports. The Technical Apparel segment offers outdoor apparel, footwear, and accessories, which include climbing gear. The Outdoor Performance segment provides hiking and running footwear, functional apparel, skiing and snowboarding gear, and lifestyle footwear products. The Ball & Racquet Sports segment offers sports equipment for tennis, baseball, American football, basketball, golf, and various other professional and recreational sports, as well as functional athletic apparel. This segment provides custom-fitting protective gear and apparel for baseball, softball, football, and lacrosse. The company sells its products under the Arc'teryx, PeakPerformance, Salomon, Atomic, Armada, Wilson, Louisville Slugger, DeMarini, EvoShield, and Atec brands. It distributes its products through retail stores, general sporting goods retailers, specialty stores, independently operated partner stores, and distributors, as well as retailer-owned and third-party e-commerce websites. The company was formerly known as Amer Sports Management Holding (Cayman) Limited and changed its name to Amer Sports, Inc. in August 2023. Amer Sports, Inc. was founded in 1950 and is based in Helsinki, Finland.
Stock analysis
Amer Sports, Inc. (AS) currently trades at $27.45, while our model-based Fair Value estimate is $14.26, implying the stock looks roughly 92.6% overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $26.78 per share, and 4 of the 24 models we run sit above the $27.45 price.
Bear case: the Asset-Based group reads lowest at $6.68, and 20 of the 24 models stay below the price. Evidence for this calculation is medium.
Scenario range: $9.33 (bear) to $24.31 (bull), the price of $27.45 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 55/100 (solid quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Amer Sports, Inc. reported revenue of $6.6B in FY2025 versus $3.1B in FY2021, a compound +21.0%/yr. Reported net income was $427M in FY2025.
Key figures
Market cap $21.2B · P/E ratio 34.3 · P/S ratio 2.23 · EPS (TTM) $0.8000 · Net margin 6.5% · Return on equity 7.9% · Return on assets (EBIT) 3.9% · Operating margin 16.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (medium confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 36% below its 52-week high, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at −48%, AS screens richer than that median.
Fair Value models
All 24 models by family
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Set up alert →Quality Score breakdown
Of which business quality 55 · Market factors (momentum, volatility) 16
Revenue & earnings trend
Growth Forecast
AS screens 93% overvalued. Compare with ANTA Sports Products Limited →
Recent news
- Winter Sports Equipment Market Outlook 2026-2035 - Featuring Profiles of Amer Sports, Rossignol Group, and Head Sport GmbH
- Amer Sports (AS) Went From Beating To Raising
- Amer Sports' 2026 Outlook: Margin Expansion Drives Growth as Direct-to-Consumer Model Scales
- Why Amer Sports (AS) Is Getting Fresh Attention Today
Compare Amer Sports, Inc. with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Leisure · 190 stocks
Valuation Multiplesvs Leisure median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Consumer Discretionary sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Leisure stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| ANTA Sports Products Limited 82020 | HK$61.95 | HK$97.55 | +57% |
| Pop Mart International Group 9992 | HK$153.20 | HK$227.30 | +48% |
| Hasbro, Inc HAS | $89.30 | $81.97 | −8% |
| Life Time Group LTH | $40.87 | $15.61 | −62% |
| Li Ning Company 82331 | HK$11.14 | HK$12.25 | +10% |
| Acushnet Holdings GOLF | $81.55 | $36.89 | −55% |
| Ninebot Limited 689009 | ¥38.00 | ¥111.10 | +192% |
| Mattel, Inc MAT | $13.31 | $18.93 | +42% |
| Planet Fitness, Inc PLNT | $49.91 | $54.90 | +10% |
| Fluidra, S.A FDR | €17.68 | €19.47 | +10% |
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Key figures of Amer Sports, Inc.
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