Academy Sports and Outdoors Inc. (ASO) exhibits 34.8% gross margins and 17.4% return on invested capital within Consumer Discretionary (Other Specialty Stores), balanced against a 5.6x enterprise multiple and 7.4% implied options volatility.
Sustained 34.8% gross profitability converts into 8.5% operating margin and 17.4% ROIC, outpacing sector cost of capital.
ROIC: 17.4% // GM: 34.8%YoY revenue trajectory of +2.0% paired with 5.98% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +2.0% // FCF YLD: 5.98%Altman Z-Score of 2.90 and Piotroski F-Score of 6/9 indicate low near-term refinancing stress.
ALTMAN Z: 2.90 // F-SCORE: 6/9Trading at 9.9x trailing P/E (9.2x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 9.9x // EV/EBITDA: 5.6xOptions market prices a ±7.4% implied move with a 0.80 put/call ratio around $59.00 max pain.
IMPL MOVE: ±7.4% // P/C: 0.80Elevated industry capital intensity and customer concentration in Other Specialty Stores require continuous execution to defend 6.2% net margins.
NET MARGIN: 6.2% // D/E: 0.22x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for ASO & activate live FRED threshold breach alerts.