Critical Comparison: ASICS (ASCCF) and Its Rivals

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

Insider & Institutional Ownership

22.2% of ASICS shares are owned by institutional investors. Comparatively, 54.6% of shares of all “Textiles, Apparel & Luxury Goods” companies are owned by institutional investors. 16.3% of shares of all “Textiles, Apparel & Luxury Goods” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings and target prices for ASICS and its rivals, 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	1595	7629	10207	343	2.47

As a group, “Textiles, Apparel & Luxury Goods” companies have a potential upside of 18.23%. Given ASICS’s rivals higher possible upside, analysts plainly believe ASICS has less favorable growth aspects than its rivals.

Dividends

ASICS pays an annual dividend of $13.55 per share and has a dividend yield of 46.7%. 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 23.0% of their earnings in the form of a dividend. ASICS is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
ASICS	N/A	N/A	0.17
ASICS Competitors	$5.71 billion	$478.13 million	27.75

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

Profitability

This table compares ASICS and its rivals’ 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	-3.35%	13.22%	2.64%

Summary

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

About ASICS

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.