Financial Analysis: ASICS (ASCCF) versus Its Peers

ASICS (OTCMKTS:ASCCF) is one of 118 publicly-traded companies in the “Textiles, Apparel & Luxury Goods” industry, but how does it contrast to its competitors? We will compare ASICS to related businesses based on the strength of its profitability, analyst recommendations, valuation, risk, earnings, institutional ownership and dividends.

Dividends

ASICS pays an annual dividend of $13.55 per share and has a dividend yield of 45.3%. ASICS pays out 7.9% of its earnings in the form of a dividend. As a group, “Textiles, Apparel & Luxury Goods” companies pay a dividend yield of 3.2% and pay out 22.9% of their earnings in the form of a dividend. ASICS is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for ASICS and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ASICS	0	0	1	0	3.00
ASICS Competitors	1588	7623	10201	342	2.47

As a group, “Textiles, Apparel & Luxury Goods” companies have a potential upside of 18.34%. Given ASICS’s competitors higher probable upside, analysts plainly believe ASICS has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

22.2% of ASICS shares are held by institutional investors. Comparatively, 54.6% of shares of all “Textiles, Apparel & Luxury Goods” companies are held by institutional investors. 16.3% of shares of all “Textiles, Apparel & Luxury Goods” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares ASICS and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
ASICS	N/A	N/A	0.17
ASICS Competitors	$5.66 billion	$478.19 million	27.64

ASICS’s competitors have higher revenue and earnings than ASICS. ASICS is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares ASICS and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ASICS	N/A	N/A	N/A
ASICS Competitors	-3.38%	13.20%	2.62%

Summary

ASICS competitors beat ASICS on 8 of the 13 factors compared.

ASICS Company Profile

ASICS Corporation manufactures and sells sporting goods in Japan, North America, Europe, China, Oceania, Southeast and South Asia, and internationally. It offers running shoes, apparel, and sports accessories and equipment. The company sells its products under the ASICS, ASICSTIGER, and Onitsuka Tiger brands through retail stores, as well as online. ASICS Corporation was incorporated in 1943 and is headquartered in Kobe, Japan.