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Academy Sports and Outdoors, Inc. (ASO)

NASDAQ Stock Market Consumer Cyclical Specialty RetailView data quality →
57.3Fair

ValueMarkers Composite Index

Top 65%#15,685 of 44,707
Undervalued

26% below intrinsic value ($70)

UndervaluedFair ValueOvervalued
Piotroski
7/9
Strong
Beneish
-1.57
High Risk
Altman
2.85
Grey Zone
DCF Value
$70
Undervalued
ROIC
9.0%
Adequate
P/E
10.0
Value
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Academy Sports and Outdoors, Inc. (ASO) — VMCI valuation read

Headline read on ASO: VMCI of 57/100 versus a Consumer Cyclical sector median of 50. The 7-point above-median position is what makes Academy Sports and Outdoors, Inc. a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on ASO: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on ASO: value (ASO trades at 27.0x earnings, 50% above the Consumer Cyclical median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Consumer Cyclical median (10.0%)), and risk (net debt to EBITDA of -2.1x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Consumer Cyclical 12.0x baseline.

ASO fell 1.4% over the trailing 7 days, with a -3.4% read on a 30-day basis.

Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States. The company sells coolers and drinkware, camping accessories, camping equipment, sunglasses, backpacks, and sports bags; marine equipment and fishing rods, reels, baits, and equipment; firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, optics, airguns, and hunting equipment; team sports equipment, including baseball, football, basketball, soccer, golf, racket sports, and volleyball; fitness equipment and accessories, and nutrition supplies; and patio furniture, outdoor cooking, wheeled goods, trampolines, playsets, watersports, and pet equipment, as well as electronics products, watches, consumables, batteries, etc. It also offers outdoor apparel, seasonal apparel, denim, work apparel, graphic t-shirts, and accessories; boys and girls outdoor and athletic apparel; sporting apparel and apparel for fitness; professional and collegiate team licensed apparel and accessories; casual shoes and slippers, work and western boots, youth footwear, socks, and hunting and seasonal footwear; and boys and girls athletic footwear, running shoes, athletic lifestyle and training shoes, team and specialty sports footwear, and slides. The company sells its products under the Academy Sports + Outdoors, Magellan Outdoors, BCG, O'rageous, Outdoor Gourmet, and Freely brand names. As of June 14, 2022, it operated 260 retail locations in 16 contiguous states. The company also sells merchandise to customers through the academy.com website. Academy Sports and Outdoors, Inc. was founded in 1938 and is headquartered in Katy, Texas.

CEO: Steven Paul Lawrence9,900 employeesUSwww.academy.com

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