ASICS Corporation, along with its consolidated subsidiaries, operates primarily in the sporting goods sector, specializing in the manufacture and sale of high-performance athletic footwear, apparel, and accessories.
Business Segments
The Company's…
Analysis
Hope premium
ASICS Corporation is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is fair. The owner-earnings multiple stands at 23.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 9% a year, against analyst forecasts of 14%. The price, in other words, assumes less than the experts do.
Growth is solid; the safety picture is sturdy. The company scores 20/20 on our value-creation score: strong value creator.
Flags to be aware of: Some accounting patterns deserve a closer look. Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202360
78
2023202420252026
All-time high
79
Mar 2026
All-time low
15
Jan 2025
Average rank
54
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
4
7
28
56
Price/Earnings
13
5
20
7
Price/Book
4
1
12
29
Dividend Yield
59
6
18
18
Value (overall)
4
1
11
23
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.