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Amer SportsMEX:ASN 66 Debt-to-Equity is 0.16 as of Jun. 2026, which is 47% below its 10-year median of 0.30. GuruFocus rates MEX:ASN with a GF Score™ of 66/100 and a GF Value™ of MXN790.35 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 716 Travel & Leisure companies, Amer Sports ranks better than 73.04% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Amer Sports's Debt-to-Equity or its related term are showing as below:
MEX:ASN'
s Debt-to-Equity Range Over the Past 10 Years
Min: -84.38 Med: 0.3 Max: 1839.71
Current: 0.16
During the past 6 years, the highest Debt-to-Equity Ratio of Amer Sports was 1839.71. The lowest was -84.38. And the median was 0.30.
MEX:ASN's Debt-to-Equity is ranked better than 73.04% of 716
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs MEX:ASN: 0.16
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Amer Sports Debt-to-Equity Related Terms
Amer Sports Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Amer Sports's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:ASN vs HAS, LTH, GOLF: Debt-to-Equity Comparison
For the Leisure subindustry, Amer Sports's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Amer Sports Debt-to-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Amer Sports's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Amer Sports's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Amer Sports (MEX:ASN) has a Debt-to-Equity of 0.16 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Amer Sports and its competitors. This is 47% below median its historical median of 0.30. According to the industry distribution chart, Amer Sports ranks #193 out of 716 companies in the Travel & Leisure industry, placing it in the top 27%.
Is Amer Sports' Debt-to-Equity too high?
Amer Sports' current Debt-to-Equity of 0.16 is 47% below median its 10-year median of 0.30. The Travel & Leisure industry median Debt-to-Equity is 0.43. Amer Sports' value of 0.16 is 62.8% below this industry median. Based on the distribution chart, Amer Sports ranks #193 out of 716 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Amer Sports has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amer Sports' Debt-to-Equity compare to HAS and LTH?
According to the Travel & Leisure industry distribution chart, Amer Sports ranks #193 out of 716 companies for Debt-to-Equity. This puts Amer Sports in the upper half of its industry. The industry median Debt-to-Equity is 0.43. Amer Sports' value of 0.16 is 62.8% below this benchmark. While the company's 10-year median is 0.30 vs. the industry median of 0.43, Amer Sports has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 716 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amer Sports's current Debt-to-Equity of 0.16 is 62.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Amer Sports and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amer Sports's current Debt-to-Equity is 0.16, which is 47% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amer Sports stock overvalued right now?
Based on GuruFocus' analysis, Amer Sports (MEX:ASN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN790.35, compared to a current price of MXN570.00 — trading 27.9% below its estimated fair value. The current Debt-to-Equity is 0.16, which is 47% below median its 10-year median of 0.30 and 62.8% below the Travel & Leisure industry median of 0.43. Amer Sports' overall GF Score™ is 66/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Amer Sports (MEX:ASN), the current Debt-to-Equity is 0.16 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Amer Sports (MEX:ASN) Overvalued in 2026?
Based on GuruFocus' analysis, Amer Sports stock appears to be undervalued.
The current stock price of MXN570.00 is trading 27.9% below its estimated GF Value™ of MXN790.35.
GuruFocus considers Amer Sports to be Modestly Undervalued.
Key valuation signals for MEX:ASN:
Debt-to-Equity: 0.16 (47% below median its 10-year median of 0.30)
GF Value™: MXN790.35 vs. price of MXN570.00 (27.9% below fair value)
Industry Position: 62.8% below the Travel & Leisure median (#193 of 716)
No single metric tells the full story. See the MEX:ASN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $6.6 billion in 2025. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2025, the firm generated 32% of its revenue from the Americas, 28% from Europe, the Middle East, and Africa, 28% from China, and 12% from the Asia-Pacific, excluding China.
66GF Score
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