AMERICAN AXLE & MFG HOLDINGS (AXL) Stock Fundamental Analysis
USA - NYSE:AXL - US0240611030 - Common Stock
6.26 USD
+0.04 (+0.64%)
6.26 USD
0 (0%)
Taking everything into account, AXL scores 3 out of 10 in our fundamental rating. AXL was compared to 80 industry peers in the Automobile Components industry. AXL has a bad profitability rating. Also its financial health evaluation is rather negative. AXL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AXL had positive earnings in the past year.
In the past year AXL had a positive cash flow from operations.
In multiple years AXL reported negative net income over the last 5 years.
In the past 5 years AXL always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AXL (0.78%) is worse than 73.75% of its industry peers.
AXL has a worse Return On Equity (6.08%) than 66.25% of its industry peers.
AXL has a Return On Invested Capital of 4.73%. This is in the lower half of the industry: AXL underperforms 75.00% of its industry peers.
AXL had an Average Return On Invested Capital over the past 3 years of 4.62%. This is below the industry average of 8.51%.
The last Return On Invested Capital (4.73%) for AXL is above the 3 year average (4.62%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 6.08% | ||
| ROIC | 4.73% |
ROA(3y)0.39%
ROA(5y)-1.64%
ROE(3y)3.42%
ROE(5y)-28%
ROIC(3y)4.62%
ROIC(5y)4.36%
1.3 Margins
With a Profit Margin value of 0.70%, AXL is not doing good in the industry: 73.75% of the companies in the same industry are doing better.
AXL's Profit Margin has improved in the last couple of years.
AXL has a Operating Margin of 4.15%. This is in the lower half of the industry: AXL underperforms 73.75% of its industry peers.
In the last couple of years the Operating Margin of AXL has declined.
With a Gross Margin value of 12.00%, AXL is not doing good in the industry: 87.50% of the companies in the same industry are doing better.
AXL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.15% | ||
| PM (TTM) | 0.7% | ||
| GM | 12% |
OM growth 3Y-7.92%
OM growth 5Y-8.14%
PM growth 3Y70.91%
PM growth 5YN/A
GM growth 3Y-4.77%
GM growth 5Y-2.62%
2. Health
2.1 Basic Checks
AXL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AXL has been increased compared to 1 year ago.
The number of shares outstanding for AXL has been increased compared to 5 years ago.
Compared to 1 year ago, AXL has about the same debt to assets ratio.
2.2 Solvency
AXL has an Altman-Z score of 1.52. This is a bad value and indicates that AXL is not financially healthy and even has some risk of bankruptcy.
AXL has a Altman-Z score of 1.52. This is amonst the worse of the industry: AXL underperforms 82.50% of its industry peers.
AXL has a debt to FCF ratio of 16.82. This is a negative value and a sign of low solvency as AXL would need 16.82 years to pay back of all of its debts.
The Debt to FCF ratio of AXL (16.82) is worse than 75.00% of its industry peers.
AXL has a Debt/Equity ratio of 3.86. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 3.86, AXL is doing worse than 92.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.86 | ||
| Debt/FCF | 16.82 | ||
| Altman-Z | 1.52 |
ROIC/WACC0.64
WACC7.42%
2.3 Liquidity
A Current Ratio of 1.77 indicates that AXL should not have too much problems paying its short term obligations.
AXL has a worse Current ratio (1.77) than 78.75% of its industry peers.
A Quick Ratio of 1.40 indicates that AXL should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.40, AXL belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.4 |
3. Growth
3.1 Past
AXL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 158.82%, which is quite impressive.
The earnings per share for AXL have been decreasing by -20.64% on average. This is quite bad
Looking at the last year, AXL shows a decrease in Revenue. The Revenue has decreased by -6.73% in the last year.
AXL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.28% yearly.
EPS 1Y (TTM)158.82%
EPS 3Y-17.85%
EPS 5Y-20.64%
EPS Q2Q%10.53%
Revenue 1Y (TTM)-6.73%
Revenue growth 3Y5.9%
Revenue growth 5Y-1.28%
Sales Q2Q%-5.89%
3.2 Future
The Earnings Per Share is expected to grow by 25.47% on average over the next years. This is a very strong growth
AXL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.85% yearly.
EPS Next Y-16.2%
EPS Next 2Y12.77%
EPS Next 3Y27.92%
EPS Next 5Y25.47%
Revenue Next Year-4.77%
Revenue Next 2Y-2.66%
Revenue Next 3Y-0.47%
Revenue Next 5Y0.85%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
AXL is valuated correctly with a Price/Earnings ratio of 14.23.
65.00% of the companies in the same industry are more expensive than AXL, based on the Price/Earnings ratio.
AXL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.20.
With a Price/Forward Earnings ratio of 9.65, the valuation of AXL can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AXL indicates a somewhat cheap valuation: AXL is cheaper than 62.50% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.71, AXL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.23 | ||
| Fwd PE | 9.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AXL is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, AXL is valued cheaper than 98.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.76 | ||
| EV/EBITDA | 3.96 |
4.3 Compensation for Growth
A more expensive valuation may be justified as AXL's earnings are expected to grow with 27.92% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y12.77%
EPS Next 3Y27.92%
5. Dividend
5.1 Amount
AXL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.26
+0.04 (+0.64%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners115.07%
Inst Owner Change14.33%
Ins Owners3.58%
Ins Owner Change4.2%
Market Cap742.81M
Analysts67.69
Price Target6.53 (4.31%)
Short Float %23.48%
Short Ratio7.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)129.2%
Min EPS beat(2)31.39%
Max EPS beat(2)227.01%
EPS beat(4)4
Avg EPS beat(4)199.39%
Min EPS beat(4)31.39%
Max EPS beat(4)504.12%
EPS beat(8)7
Avg EPS beat(8)116.55%
EPS beat(12)10
Avg EPS beat(12)17.37%
EPS beat(16)13
Avg EPS beat(16)200.14%
Revenue beat(2)0
Avg Revenue beat(2)-3.34%
Min Revenue beat(2)-3.81%
Max Revenue beat(2)-2.87%
Revenue beat(4)0
Avg Revenue beat(4)-2.24%
Min Revenue beat(4)-3.81%
Max Revenue beat(4)-0.93%
Revenue beat(8)4
Avg Revenue beat(8)0.34%
Revenue beat(12)5
Avg Revenue beat(12)0.16%
Revenue beat(16)8
Avg Revenue beat(16)0.59%
PT rev (1m)12.39%
PT rev (3m)23.2%
EPS NQ rev (1m)18.2%
EPS NQ rev (3m)70.86%
EPS NY rev (1m)22.96%
EPS NY rev (3m)-5.01%
Revenue NQ rev (1m)1.74%
Revenue NQ rev (3m)1.74%
Revenue NY rev (1m)0.22%
Revenue NY rev (3m)1.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.23 | ||
| Fwd PE | 9.65 | ||
| P/S | 0.13 | ||
| P/FCF | 4.76 | ||
| P/OCF | 1.68 | ||
| P/B | 1.1 | ||
| P/tB | 9.03 | ||
| EV/EBITDA | 3.96 |
EPS(TTM)0.44
EY7.03%
EPS(NY)0.65
Fwd EY10.36%
FCF(TTM)1.31
FCFY20.99%
OCF(TTM)3.73
OCFY59.58%
SpS49.16
BVpS5.67
TBVpS0.69
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 6.08% | ||
| ROCE | 5.99% | ||
| ROIC | 4.73% | ||
| ROICexc | 5.53% | ||
| ROICexgc | 6.67% | ||
| OM | 4.15% | ||
| PM (TTM) | 0.7% | ||
| GM | 12% | ||
| FCFM | 2.67% |
ROA(3y)0.39%
ROA(5y)-1.64%
ROE(3y)3.42%
ROE(5y)-28%
ROIC(3y)4.62%
ROIC(5y)4.36%
ROICexc(3y)5.31%
ROICexc(5y)4.98%
ROICexgc(3y)6.63%
ROICexgc(5y)6.27%
ROCE(3y)5.85%
ROCE(5y)5.52%
ROICexcg growth 3Y2.99%
ROICexcg growth 5Y-4.38%
ROICexc growth 3Y4.2%
ROICexc growth 5Y-1.31%
OM growth 3Y-7.92%
OM growth 5Y-8.14%
PM growth 3Y70.91%
PM growth 5YN/A
GM growth 3Y-4.77%
GM growth 5Y-2.62%
F-Score8
Asset Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.86 | ||
| Debt/FCF | 16.82 | ||
| Debt/EBITDA | 3.71 | ||
| Cap/Depr | 62.6% | ||
| Cap/Sales | 4.91% | ||
| Interest Coverage | 1.45 | ||
| Cash Conversion | 63.2% | ||
| Profit Quality | 381.17% | ||
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.4 | ||
| Altman-Z | 1.52 |
F-Score8
WACC7.42%
ROIC/WACC0.64
Cap/Depr(3y)43.16%
Cap/Depr(5y)40.82%
Cap/Sales(3y)3.45%
Cap/Sales(5y)3.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)158.82%
EPS 3Y-17.85%
EPS 5Y-20.64%
EPS Q2Q%10.53%
EPS Next Y-16.2%
EPS Next 2Y12.77%
EPS Next 3Y27.92%
EPS Next 5Y25.47%
Revenue 1Y (TTM)-6.73%
Revenue growth 3Y5.9%
Revenue growth 5Y-1.28%
Sales Q2Q%-5.89%
Revenue Next Year-4.77%
Revenue Next 2Y-2.66%
Revenue Next 3Y-0.47%
Revenue Next 5Y0.85%
EBIT growth 1Y2.58%
EBIT growth 3Y-2.49%
EBIT growth 5Y-9.31%
EBIT Next Year174.36%
EBIT Next 3Y41.41%
EBIT Next 5Y25.13%
FCF growth 1Y-23.47%
FCF growth 3Y-16.99%
FCF growth 5Y10.25%
OCF growth 1Y11.04%
OCF growth 3Y-5.43%
OCF growth 5Y-4.04%