ALBANY INTL CORP-CL A (AIN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AIN - US0123481089 - Common Stock
56.25 USD
+0.69 (+1.24%)
Overall AIN gets a fundamental rating of 3 out of 10. We evaluated AIN against 132 industry peers in the Machinery industry. While AIN seems to be doing ok healthwise, there are quite some concerns on its profitability. AIN does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- AIN had positive earnings in the past year.
- In the past year AIN had a positive cash flow from operations.
- In the past 5 years AIN has always been profitable.
- AIN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of -3.15%, AIN is doing worse than 76.52% of the companies in the same industry.
- AIN has a Return On Equity of -7.24%. This is in the lower half of the industry: AIN underperforms 74.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.15% | ||
| ROE | -7.24% | ||
| ROIC | N/A |
ROA(3y)5.73%
ROA(5y)6.24%
ROE(3y)10.65%
ROE(5y)11.52%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- AIN's Profit Margin has declined in the last couple of years.
- In the last couple of years the Operating Margin of AIN has declined.
- With a Gross Margin value of 20.41%, AIN is not doing good in the industry: 70.45% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of AIN has declined.
- The Profit Margin and Operating Margin are not available for AIN so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 20.41% |
OM growth 3Y-15.2%
OM growth 5Y-8.79%
PM growth 3Y-17.66%
PM growth 5Y-10.73%
GM growth 3Y-7.1%
GM growth 5Y-2.85%
2. Health
2.1 Basic Checks
- AIN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, AIN has less shares outstanding
- The number of shares outstanding for AIN has been reduced compared to 5 years ago.
- AIN has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.72 indicates that AIN is not a great score, but indicates only limited risk for bankruptcy at the moment.
- AIN's Altman-Z score of 2.72 is in line compared to the rest of the industry. AIN outperforms 44.70% of its industry peers.
- AIN has a debt to FCF ratio of 5.38. This is a neutral value as AIN would need 5.38 years to pay back of all of its debts.
- The Debt to FCF ratio of AIN (5.38) is comparable to the rest of the industry.
- AIN has a Debt/Equity ratio of 0.65. This is a neutral value indicating AIN is somewhat dependend on debt financing.
- AIN's Debt to Equity ratio of 0.65 is on the low side compared to the rest of the industry. AIN is outperformed by 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.38 | ||
| Altman-Z | 2.72 |
ROIC/WACCN/A
WACC9.22%
2.3 Liquidity
- AIN has a Current Ratio of 2.34. This indicates that AIN is financially healthy and has no problem in meeting its short term obligations.
- AIN has a Current ratio (2.34) which is comparable to the rest of the industry.
- AIN has a Quick Ratio of 1.84. This is a normal value and indicates that AIN is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of AIN (1.84) is better than 74.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.34 | ||
| Quick Ratio | 1.84 |
3. Growth
3.1 Past
- AIN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.02%.
- The Earnings Per Share has been decreasing by -5.01% on average over the past years.
- The Revenue has decreased by -9.37% in the past year.
- The Revenue has been growing slightly by 3.14% on average over the past years.
EPS 1Y (TTM)-32.02%
EPS 3Y-3.88%
EPS 5Y-5.01%
EPS Q2Q%-11.25%
Revenue 1Y (TTM)-9.37%
Revenue growth 3Y9.82%
Revenue growth 5Y3.14%
Sales Q2Q%-12.38%
3.2 Future
- Based on estimates for the next years, AIN will show a small growth in Earnings Per Share. The EPS will grow by 0.65% on average per year.
- The Revenue is expected to grow by 0.83% on average over the next years.
EPS Next Y-13.76%
EPS Next 2Y-2.76%
EPS Next 3Y0.65%
EPS Next 5YN/A
Revenue Next Year-6.29%
Revenue Next 2Y-3.73%
Revenue Next 3Y-4.67%
Revenue Next 5Y0.83%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 21.72 indicates a rather expensive valuation of AIN.
- Based on the Price/Earnings ratio, AIN is valued a bit cheaper than 70.45% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.60. AIN is valued slightly cheaper when compared to this.
- AIN is valuated rather expensively with a Price/Forward Earnings ratio of 18.77.
- 66.67% of the companies in the same industry are more expensive than AIN, based on the Price/Forward Earnings ratio.
- AIN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.72 | ||
| Fwd PE | 18.77 |
4.2 Price Multiples
- AIN's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. AIN is more expensive than 71.21% of the companies in the same industry.
- AIN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AIN is cheaper than 77.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.08 | ||
| EV/EBITDA | 31.29 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.76%
EPS Next 3Y0.65%
5. Dividend
5.1 Amount
- AIN has a Yearly Dividend Yield of 1.93%.
- Compared to an average industry Dividend Yield of 1.01, AIN pays a better dividend. On top of this AIN pays more dividend than 85.61% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, AIN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.93% |
5.2 History
- On average, the dividend of AIN grows each year by 7.66%, which is quite nice.
- AIN has been paying a dividend for at least 10 years, so it has a reliable track record.
- AIN has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.66%
Div Incr Years7
Div Non Decr Years23
5.3 Sustainability
- The earnings of AIN are negative and hence is the payout ratio. AIN will probably not be able to sustain this dividend level.
- AIN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP-61.38%
EPS Next 2Y-2.76%
EPS Next 3Y0.65%
ALBANY INTL CORP-CL A / AIN FAQ
What is the ChartMill fundamental rating of ALBANY INTL CORP-CL A (AIN) stock?
ChartMill assigns a fundamental rating of 3 / 10 to AIN.
Can you provide the valuation status for ALBANY INTL CORP-CL A?
ChartMill assigns a valuation rating of 3 / 10 to ALBANY INTL CORP-CL A (AIN). This can be considered as Overvalued.
What is the profitability of AIN stock?
ALBANY INTL CORP-CL A (AIN) has a profitability rating of 2 / 10.
Can you provide the PE and PB ratios for AIN stock?
The Price/Earnings (PE) ratio for ALBANY INTL CORP-CL A (AIN) is 21.72 and the Price/Book (PB) ratio is 2.18.
Is the dividend of ALBANY INTL CORP-CL A sustainable?
The dividend rating of ALBANY INTL CORP-CL A (AIN) is 5 / 10 and the dividend payout ratio is -61.38%.