WallStSmart

Amer Sports, Inc. (AS)vsHere Group Limited (HERE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Amer Sports, Inc. generates 141% more annual revenue ($6.57B vs $2.73B). HERE leads profitability with a 13.2% profit margin vs 6.5%. HERE trades at a lower P/E of 5.9x. AS earns a higher WallStSmart Score of 63/100 (C+).

AS

Buy

63

out of 100

Grade: C+

Growth: 8.0Profit: 5.5Value: 8.0Quality: 6.3
Piotroski: 6/9Altman Z: 1.93

HERE

Buy

52

out of 100

Grade: C-

Growth: 2.0Profit: 8.5Value: 8.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ASOvervalued (-11.9%)

Margin of Safety

-11.9%

Fair Value

$35.57

Current Price

$33.62

$1.95 premium

UndervaluedFair: $35.57Overvalued
HEREUndervalued (+37.1%)

Margin of Safety

+37.1%

Fair Value

$6.26

Current Price

$3.10

$3.16 discount

UndervaluedFair: $6.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AS2 strengths · Avg: 8.0/10
PEG RatioValuation
0.858/10

Growing faster than its price suggests

Revenue GrowthGrowth
28.5%8/10

Revenue surging 28.5% year-over-year

HERE4 strengths · Avg: 9.5/10
P/E RatioValuation
5.9x10/10

Attractively priced relative to earnings

Price/BookValuation
0.2x10/10

Reasonable price relative to book value

Return on EquityProfitability
49.2%10/10

Every $100 of equity generates 49 in profit

Operating MarginProfitability
20.0%8/10

Strong operational efficiency at 20.0%

Areas to Watch

AS3 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.934/10

Grey zone — moderate risk

Profit MarginProfitability
6.5%3/10

6.5% margin — thin

P/E RatioValuation
43.5x2/10

Premium valuation, high expectations priced in

HERE3 concerns · Avg: 2.3/10
Market CapQuality
$305.63M3/10

Smaller company, higher risk/reward

Revenue GrowthGrowth
-38.2%2/10

Revenue declined 38.2%

EPS GrowthGrowth
-45.4%2/10

Earnings declined 45.4%

Comparative Analysis Report

WallStSmart Research

Bull Case : AS

The strongest argument for AS centers on PEG Ratio, Revenue Growth. Revenue growth of 28.5% demonstrates continued momentum. PEG of 0.85 suggests the stock is reasonably priced for its growth.

Bull Case : HERE

The strongest argument for HERE centers on P/E Ratio, Price/Book, Return on Equity.

Bear Case : AS

The primary concerns for AS are Altman Z-Score, Profit Margin, P/E Ratio. A P/E of 43.5x leaves little room for execution misses.

Bear Case : HERE

The primary concerns for HERE are Market Cap, Revenue Growth, EPS Growth.

Key Dynamics to Monitor

AS profiles as a growth stock while HERE is a declining play — different risk/reward profiles.

AS carries more volatility with a beta of 2.80 — expect wider price swings.

AS is growing revenue faster at 28.5% — sustainability is the question.

Monitor LEISURE industry trends, competitive dynamics, and regulatory changes.

Bottom Line

AS scores higher overall (63/100 vs 52/100) and 28.5% revenue growth. HERE offers better value entry with a 37.1% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Amer Sports, Inc.

CONSUMER CYCLICAL · LEISURE · USA

Amer Sports, Inc. is a leading global provider of sports equipment and apparel, headquartered in Finland and recognized for its diverse portfolio of high-performance brands, including Salomon, Wilson, and Atomic. The company serves a variety of sports markets such as skiing, tennis, and team sports, and is committed to innovation and sustainability, employing advanced technologies to enhance athletic performance while prioritizing environmental responsibility. As a key player in the sporting goods sector, Amer Sports is strategically positioned to capitalize on the growing global trend towards health and fitness, catering to both recreational and competitive athletes worldwide.

Here Group Limited

CONSUMER CYCLICAL · LEISURE · China

Here Group Limited designs and sells pop toys in China. The company is headquartered in Beijing, the People's Republic of China.

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